Tag: economic policies

The Struggle Isn’t Over for Dutch Farmers

November 6, 2022
Business & MarketsCowdutcheconomic policieseconomyEnvironmentEuropeHome & GardeningInternationalLife & TraditionnitrogenOrganicScienceWorld
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During the summer of 2022, protests erupted in the Netherlands over the government’s plan to curtail nitrogen emissions from the country’s farms—in some cases, by up to 95 percent. At the time, authorities acknowledged that their proposal would necessitate slashing livestock numbers across the country, especially near areas protected as part of the European Union’s…

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‘Demonization of Fossil Fuels’ Is Driving Diesel Shortage Crisis, Supplier Says

November 6, 2022
Biden administraitonBusiness & MarketsDemocratsdieseleconomic policieseconomyenergyenergy shortageExecutive BranchPolicies & ImpactsPoliticsUSUS News
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The Biden administration’s attacks on the energy industry is a main driver behind the impending diesel crisis in the United States, a major supplier has said. The Democrat’s “demonization of fossil fuels” and energy policies that are being marketed as being “green” are behind the nationwide diesel and heating oil shortages, Mike Taylor of Combined Energy Services…

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Japan, South Korea Urge US to Ease EV Tax Credit Rules for Foreign Automakers

November 6, 2022
Asia & PacificBusiness & MarketsCompanieseconomic policieseconomyExecutive BranchInflation Reduction ActJapanPoliticsSouth KoreaThe United StatesUSUS NewsWorld
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Japan and South Korea have called on the United States to ease restrictions on electric vehicles (EVs) tax credits, citing the adverse impact of the Inflation Reduction Act (IRA) on foreign automakers. The IRA was signed into law by the Biden administration on Aug. 16. Japan said that certain provisions of the IRA would deter Japanese…

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US Oil Production to Maintain Low Growth in 2023: EOG Resources

November 5, 2022
bidenBusiness & MarketsCompanieseconomic policieseconomyenergyEOG resourceErnonExecutive Branchoil productionPolicies & ImpactsPoliticsUSUS News
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The United States oil production will maintain a low growth rate in 2023, an industry leader said. Ezra Yacob, president of EOG Resources Inc., told analysts his prediction during a third-quarter earnings call. The number of oil rigs, frac spreads, and workers indicated a low growth rate in the near future, he said. Also, fewer…

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America’s Oil Supply Problem Worse Than You Think, Industry Leader Warns

November 5, 2022
bidenBusiness & MarketsCompanieseconomic policieseconomyenergyEOG resourceErnonExecutive Branchoil productionPolicies & ImpactsPoliticsUSUS News
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America’s oil supply problem is worse than most predictions, Ezra Yacob, president of EOG Resources Inc., told analysts during a third-quarter earnings call. Oil production in the United States will maintain a low growth rate in 2023, he said. The number of oil rigs, frac spreads, and workers indicated a low growth rate in the near…

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Government Borrowing Leads to Inflation, UK’s Sunak Says

November 5, 2022
Bank of EnglandBusiness & Marketseconomic policiesRishi SunakUKWorld
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The government “cannot do everything” because big government borrowing ultimately leads to soaring inflation and high interest rates, the UK’s Prime Minister Rishi Sunak said on Friday. It comes after the Bank of England raised its base interest rate to 3 percent and forecasted a two-year recession. In an interview with The Times of London, Sunak…

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US and Global War on Farmers Intensifies Amid Food Shortages

November 4, 2022
Asia & PacificBusiness & MarketsChinaChina Business & EconomycongressDefending Americaeconomic policieseconomyenergyEnvironmentEuropefarmFeatured TopicsFoodGold and CommoditiesInternationalInternational RelationsMarketsPolicies & ImpactsPoliticsRepublicansScienceThreat from Communist ChinaUnited NationsUSUS-China relationsWorldWorld Economic Forum
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News Analysis The effects of what critics have described as a global “war” on farmers and ranchers are becoming more apparent. But even as food shortages intensify, governments including the Biden administration are cracking down harder on agricultural production. Experts and lawmakers who spoke to The Epoch Times warned that it was time to rein…

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LIVE 2:45 PM ET: Biden Delivers Remarks on the CHIPS and Science Act

November 4, 2022
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President Joe Biden delivers remarks at an American technology company that will benefit from the passage of the CHIPS and Science Act by more computer chips being made in America. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth…

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Biden Delivers Remarks on the CHIPS and Science Act

November 4, 2022
bidenBusiness & Marketseconomic policieseconomyEpochTVEpochTV LiveLive VideosNational SecurityPolicies & ImpactsUSUS NewsVideo
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President Joe Biden delivers remarks at an American technology company that will benefit from the passage of the CHIPS and Science Act by more computer chips being made in America. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth…

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IEA Says Europe Must Act Now to Avoid Winter 2023 Gas Shortages

November 4, 2022
BirolBusiness & Marketscrisiseconomic policieseconomyenergyEuropeGasGold and CommoditiesIEAMarketsRussia-Ukraine WarUkraineWorld
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OSLO—Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency (IEA) said on Thursday. The European Union has succeeded in filling storages to 95 percent ahead of this winter, 5 percent or 5 bcm above their…

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