Will Joe Biden be impeached? - The Spectator

Author: Nicolas Nicolas / May 28, 2022 01:01 / World

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.

Biden Economy Usa

Yellen: It is not legal for the United States to seize official Russian assets

Author: Richard Richard / May 20, 2022 20:31 / Politics

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.

Economy Russia-ukraine conflict Russian ruble World

European Central Bank member pushes for quick action to raise interest rates

Author: Richard Richard / May 07, 2022 00:05 / Europe

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.

Bank Economy

A Chinese man with the nickname “Ma” was arrested. The news wiped out $26 billion of Alibaba stock

Author: Richard Richard / May 06, 2022 23:57 / Business

Alibaba, the Chinese e-commerce giant that Ma co-founded, saw its Hong Kong-listed shares drop as much as 9.4% on Tuesday after Chinese state media reported that an individual named “Ma” in Hangzhou – where Alibaba is headquartered – They were arrested on national security grounds.

China Economy

Bitcoin drops below $36,000 amid broader market sell-off

Author: Richard Richard / May 06, 2022 23:35 / Economy

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.

Cryptocurrency Economy World

Rouble jumps to near two-year high

Author: Richard Richard / May 06, 2022 23:31 / Economy

The Russian rouble jumped Wednesday to around a two-year high against both the dollar and the euro, Reuters reported.

Economy Russia Russian ruble

Hungary ready to veto EU oil sanctions proposal

Author: Richard Richard / May 06, 2022 23:26 / Economy

Hungary's prime minister Viktor Orbán on Friday said the EU's proposed oil embargo is a red line for his country.

Economy Russia Russia-ukraine conflict Russia-ukraine crisis

The EU may refuse Russian gas only by 2025

Author: Richard Richard / May 06, 2022 23:24 / Economy

The EU can wean itself off Russian gas by 2025 without additional imports from other countries, a report from NGO Climate Action Network Europe found on Friday

Economy Gas Russian gas

Germany will support the EU oil embargo on Russia

Author: Richard Richard / May 02, 2022 21:35 / Politics

Finance Minister Christian Lindner, speaking to Julia Chatterley, a CNN reporter, said Germany would agree to any new sanctions on Russia with its EU partners. “Germany is ready to impose new sanctions, including an oil embargo,” he said.

Economy Russia Russia-ukraine conflict Russian gas Sanctions

China meets with banks to discuss asset protection from US sanctions

Author: Richard Richard / May 01, 2022 13:45 / World

Chinese regulators held an emergency meeting with domestic and foreign banks to discuss how they could protect the country’s foreign assets from US-led sanctions similar to those imposed on Russia for its invasion of Ukraine, according to people familiar with the discussion.

China Economy

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