Before inflation began to eat the American economy alive, impeachflation had already undermined the office of the presidency. Donald Trump was only the third president to have been impeached. Yet he was impeached twice: in December 2019, for abuse of power and obstruction of Congress; and in January 2021, for ‘incitement to insurrection’ following the riots on Capitol Hill on 6 January.
Treasury Secretary Janet Yellen said on Wednesday that the United States had no legal authority to seize Russian Central Bank assets frozen over its invasion of Ukraine, but was in talks with U.S. partners about ways to make Russia. Pay the bill for post-war reconstruction in Ukraine began.
The European Central Bank It must move quickly to raise interest rates in order to tackle rising inflation, according to the head of Finland’s central bank. His comments come as the US Federal Reserve and the Bank of England tightening cycle intensify pressure on the European Central Bank to follow suit.
Bitcoin broke below a key support level on Friday after a major stock sell-off in the U.S. Thursday spooked the cryptocurrency market and sent bitcoin tumbling about 10%. Bitcoin fell less than 1% Friday to $35,917.98, according to Coin Metrics. Ether slid 1.1% to $2,683.64.