The geopolitical tensions in the world surrounding the war in Ukraine and the deteriorating relationship between the West and China are of greater concern to the global economy than a recession. That said, Jamie Dimon, CEO of major US bank JPMorgan Chase at an economic forum in Saudi Arabia. “The […]
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Facebook Parent Company Must Sell Giphy From British Regulator
The American multinational Meta, the parent company of Facebook and Instagram, will then have to sell the GIF website Giphy. The Competition and Markets Authority (CMA), the British market regulator, has decided this. Meta appealed the decision, but that has now failed. Meta acquired Giphy in May 2020 in exchange […]
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More New US Jobs Than Expected, Unemployment Falling
Last month, 263,000 jobs were added in the United States. The US Department of Labor reports this in its monthly jobs report. There were more than in August, and unemployment also fell further. The jobs report suggests that the US economy is still strong, despite previous steps to curb high […]
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Wall Street Remains Closed for Labor Day
Stock exchanges in New York will remain closed on Monday for Labor Day. Workers’ Day is always celebrated in the United States after the first weekend in September. Trading will resume on Wall Street on Tuesday. US President Joe Biden is taking a holiday to visit unions in Pennsylvania and […]
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Biden Win: Opposing Senator Joe Manchin Turns Cart and Backs Climate Law Anyway
A bill with which Joe Biden wants to tackle climate change and make healthcare cheaper, among other things, now seems to have a chance of success. Democratic jammer Joe Manchin has unexpectedly expressed his support. An important victory beckons for US President Joe Biden. A bill with a package […]
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NASA to Investigate UFOs
The American space agency NASA will start a major study into UFOs in the fall. The organization announced Thursday that knowledge of “unidentified aerial phenomena”, as it officially calls UFOs, is important for aviation safety and national security. According to NASA, there is no evidence that these phenomena have […]
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President Biden Hosts Summit of the Americas
US President Joe Biden will host the Ninth Summit of ‘the Americas’ or the North, Central and South America Summit in Los Angeles. The last summit was in 2018. Biden has not invited the left-wing leaders of Cuba, Nicaragua and Venezuela because of human rights violations and that is […]
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US’s Toughest Abortion Law Goes into Effect: Oklahoma Governor Signs Law Banning Abortion
Oklahoma Governor Kevin Stitt has signed a law banning all abortions after conception. That makes Oklahoma the US state with the strictest abortion laws. “I promised the people of Oklahoma that as governor I would sign any pro-life bill that came my way, and I’m proud to deliver on […]
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China Calls Military Exercises Warning for US
China recently held military exercises around Taiwan as a “serious warning” to the United States, state media reported. President Joe Biden spoke in Tokyo on Tuesday with the leaders of India, Japan and Australia about China’s increasing threat to Taiwan. Beijing considers Taiwan a renegade province and earlier this […]
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UN Secretary General Wants to Restore Grain Exports From Ukraine: Long Way to Go
The United Nations is in close contact with Russia, Ukraine, Turkey, the United States and the European Union to restore grain exports from Ukraine to their old proportions to stem a global food crisis. “I’m hopeful, but we still have a long way to go,” UN Secretary-General Antonio Guterres […]