The company behind the Keystone XL pipeline said it will not be restarting the pipeline after both Canadian and American elected officials called for the project’s revival amid soaring oil and gas prices. The Biden administration Tuesday banned Russian oil imports over the conflict in Ukraine as the average price for a gallon of gasoline…
Biden Issues Executive Order Paving the Way for a Federal Digital Currency
March 9, 2022
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Business & EconomyCBDCcryptocurrencyeconomic policieseconomyExecutive BranchJoe BidenPoliticsUSUS News
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President Joe Biden is set to sign an executive order Thursday meant to explore the possible creation of a U.S. Central Bank Digital Currency (CBDC). This is a digital currency that would be issued by a central bank like the Federal Reserve unlike cryptocurrencies like bitcoin which are not controlled by a single entity. The…
Coalition Urges Biden Administration to Lift Pause on Student Loan Payments
A coalition of groups on March 8 urged President Joe Biden’s administration to end the pause on student loan payments, arguing the policy is costing taxpayers billions of dollars each month. “The moratorium is fundamentally unfair and is a special favor for affluent elites at the expense of low- and middle-income Americans,” the Americans for…
Making Canada Dependent on Foreign Energy When We’re an Energy-Rich Country Is Ludicrous
March 9, 2022
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Canadaenergy securitygreen energy policiesGretchen WhitmerJoe BidenOpinionPrime Minister Justin TrudeauRussia ukraine conflictViewpointsWorld
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Commentary Energy analysts and business leaders have been warning North Americans and Europeans about declining energy security for years. Western nations have spent the last decade obsessed with developing renewable energy resources while shutting down their own conventional energy resource development under the assumption that a great transition would happen. Canada shut down the Northern…
Congress Passes Sweeping Bipartisan USPS Overhaul
March 9, 2022
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congressJoe BidenLouis DejoyMedicarePolicies & ImpactsPoliticsThe United States Postal ServiceUSUS NewsUSPS
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Congress on Tuesday passed a sweeping bipartisan bill designed to overhaul the U.S. Postal Service’s (USPS) finances and operations with about $50 billion in financial relief over the span of a decade. The Senate voted 79-19 for the bill, a month after the U.S. House of Representatives overwhelmingly approved the measure. It now heads to…
Ukraine Aid Package Totals $14 billion, McConnell Says
March 8, 2022
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biden administrationBusiness & Economycongresseconomic policieseconomyEuropeJoe BidenMarketsMitch McConnellPoliticsRussiaRussia-Ukraine WarUkraineUSUS NewsWorld
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Congress’s aid package for Ukraine and its Eastern European allies now stands at $14 billion, Senate Minority Leader Mitch McConnell (R-Ky.) has said. McConnell announced the deal on Tuesday, telling reporters that the figure would include loan guarantees to help NATO allies including Poland purchase U.S. aircraft to replace warplanes transferred to Ukraine. “Where we…
Biden: Gas Prices Are ‘Going To Go Up’, ‘Can’t Do Much’ About It
March 8, 2022
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Business & Economyeconomic policieseconomyenergyExecutive Branchgas pricesinflationJoe BidenPoliticsRussiaUncategorizedUSUS News
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President Joe Biden says gas prices in America that are already at historical highs are going to continue to go up and that there’s not much that can be done about it at this time. On Tuesday the president announced a ban on Russian energy imports as the latest move from the United States to…
Biden Ban on Russian Oil Imports Ignites Calls for Greater US Crude Output
March 8, 2022
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Business & Economycommoditiescrude oileconomyExecutive BranchJoe BidenMarketsPolicies & ImpactsPoliticsRussiaUS
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President Joe Biden announced Tuesday that the United States is banning Russian oil imports, stopping about 500,000 barrels per day of new crude shipments from entering American seaports. “Today, I am announcing the United States is targeting the main artery of Russia’s economy. We’re banning all imports of Russian oil and gas and energy,” Biden…
Biden Announces Ban on Russian Oil
President Joe Biden announced a ban on all Russian oil imports Tuesday in the latest move from the United States to isolate Russia’s economy in response to its invasion of Ukraine. This latest measure comes in addition to sanctions already placed on Russian financial systems and individuals in Russian President Vladimir Putin’s inner circle. “This…
Senator Says US Weakness Against Russia WIll Put Taiwan in Harm’s Way
March 8, 2022
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ChinaChinese RegimeEuropeJoe BidenPoliticsRepublicansRussia-Ukraine WarSpecial TopicsTaiwanTom cottonUSVladmir PutinWorldXi Jinping
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Sen. Tom Cotton (R-Ark.) warned that Taiwan could be the next democracy invaded if the United States doesn’t make Russian President Vladimir Putin pay for his “unprovoked, naked war of aggression” against Ukraine. “Just as Putin watched Joe Biden’s shameful retreat in Afghanistan, so now is China watching us today,” Cotton said during a speech…
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