Kyrsten Sinema stuck her neck out twice to hand rich investors big wins in Democrats' climate and tax bill
businessinsider.com/kyrsten-sinema-private-equity-rich-investors-dem-bill-2022-8
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| Last Updated | Aug 10 22 |
| Total Articles | 5 |
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How much the government packages compensate for inflation: There are constant calls for more help to cushion inflation. But hasn't the government done enough ...
derstandard.at/story/2000138132221/wie-stark-die-regierungspakete-die-teuerung-abgelten
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How much the government packages compensate for inflation: There are constant calls for more help to cushion inflation. But hasn't the government done enough ...
derstandard.at/story/2000138132221/wie-stark-die-regierungspakete-die-teuerung-abgelten
A major reason it's so expensive to own a home right now: The climate crisis is leading many insurance companies to raise homeowner premiums.
businessinsider.com/why-its-expensive-to-own-a-home-mortgage-insurance-interest2024-4
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
New EPA rules would force some plants to capture emissions, shut down: Environmental Protection Agency Administrator Michael Regan says new rules that would ...
apnews.com/article/power-plants-coal-natural-gas-biden-epa-5c96ca146e7f70b47806beb4bc3713e6
Quick Glance: New EPA Rules Target Emissions Reduction at Power Plants
- The Biden administration aims to compel coal-fired power plants to capture smokestack emissions or close down.
- The rules target limiting greenhouse gas emissions from fossil fuel power plants and reducing toxic pollutants from coal-fired plants.
- The plan includes measures to reduce carbon dioxide emissions, toxic wastewater pollutants, and safely manage coal ash.
- The actions are expected to face opposition from industry groups and Republican-leaning states, while environmental groups see it as a crucial step in combating climate change.
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Biden to unveil $7 billion for rooftop solar in Earth Day message: President Joe Biden on Monday will celebrate Earth Day by announcing $7 billion in grants for ...
reuters.com/world/us/biden-unveil-7-billion-rooftop-solar-earth-day-message-2024-04-22/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Europe is the fastest-warming continent, report says: Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average ...
nbcnews.com/science/environment/europe-fastest-warming-continent-twice-global-average-report-rcna148829
Quick Glance: Europe Leads in Climate Change, Urgent Need for Renewable Energy
- Europe is the fastest-warming continent, with temperatures rising about twice as fast as the global average, according to a joint report by top climate monitoring organizations.
- The continent generated 43% of its electricity from renewables last year, surpassing fossil fuels for the second consecutive year, highlighting the need for targeted strategies to transition to renewable resources.
- Temperatures in Europe are now 2.3 degrees Celsius above pre-industrial levels, nearing the goals of the Paris climate accord to limit global warming to 1.5 degrees Celsius, impacting human health with increased deaths related to extreme climate events.
- The report emphasizes the urgent need for action as heatwaves, wildfires, and other extreme weather events have led to significant economic losses and human casualties across the continent.
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Corals bred in a zoo have joined Europe's largest reef. This is offering scientists hope
apnews.com/article/saving-corals-netherlands-lab-climate-ebe8ee0089c4df5070c13e6309b49171
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Dubai flooding: Experts don't think cloud seeding played a role in the rains: With cloud seeding, it may rain, but it doesn’t really pour or flood — at least ...
apnews.com/article/dubai-united-arab-emirates-oman-flooding-cloud-seeding-2f8c12854017e11ac7438579646b3758
Quick Glance: Cause of Dubai Flooding: Cloud Seeding or Natural Phenomenon?
- Dubai grapples with the aftermath of heavy rainfall. Speculations on the role of cloud seeding are being discussed.
- Clouds consist of tiny water droplets that coalesce around particles to form rain. Cloud seeding manipulates this process.
- The effectiveness of cloud seeding is scientifically debated, with limited evidence of its efficacy.
- Experts refute the claim that cloud seeding was the primary cause of the flooding in Dubai.
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Scotland to ditch key climate change target: The Scottish government is to scrap its flagship target of reducing greenhouse gas emissions by 75% by 2030.
bbc.com/news/uk-scotland-68841141
Cloud seeding was not the cause of the storms in Dubai: It was the worst storm since regional records began 75 years ago. There was quickly speculation about ...
de.euronews.com/green/2024/04/20/wolkenimpfung-war-kein-ausloser-der-unwetter-in-dubai
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
European court rules human rights violated by climate inaction: The European Court of Human Rights ruled that a group of older Swiss women won their climate case ...
bbc.com/news/science-environment-68768598
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
States may need to brace for long, hot summer: The latest outlooks, plus recent research, suggest an unusually hot June through August.
axios.com/2024/04/23/summer-2024-heat-weather
WA to launch EV rebate program. Here’s what you could save: A new $50 million state rebate program for electric vehicles aims to make them affordable for ...
seattletimes.com/seattle-news/climate-lab/wa-launches-ev-rebate-program-heres-what-you-could-save/
“Sorry, we’re hiding behind a cheap excuse”: The great moral philosopher was born 300 years ago. What would Kant have said about climate protection ...
spektrum.de/news/moral-im-21-jahrhundert-was-meinen-sie-herr-kant/2213993
Athens skies turn an orange hue with dust clouds from North Africa: Skies over southern Greece have turned an orange hue as dust clouds blown across the ...
apnews.com/article/greece-dust-orange-sahara-winds-3593a433a6e630fe3fb8ed278134837a
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
If your coffee is arabica, it may be more than a half million years old: The coffee that picked you up this morning is 600,000 years old. Researchers have found ...
apnews.com/article/coffee-arabica-robusta-history-yemen-ethiopia-548e73286fa188d249c44697af4548ff
Quick Glance: Coffee Origins Revealed: Genome Study Uncovers Ethiopian Roots
- Researchers unlocked the genome of Arabica coffee species, tracing its origins to a natural mating over 600,000 years ago in Ethiopia.
- The study revealed Arabica's low genetic diversity and susceptibility to pests and diseases, limiting its cultivation locations.
- The findings could lead to new breeding approaches in coffee to develop varieties with enhanced resistance to diseases and climate changes.
- Arabica formed as a natural hybridization between parent species Coffea canephora and Coffea eugenioides, mainly used for global coffee production.
What is Earth Day, when is it and what has it achieved?: The worldwide event aims to raise awareness about the need to protect the environment.
bbc.com/news/science-environment-68610073
Opinion | Trump’s Re-Election Would Be Disastrous for the Climate: The return of Trump to the White House would be disastrous for the planet.
nytimes.com/2024/04/20/opinion/trump-biden-climate-election.html
Senate Democrats end Homeland Security secretary impeachment case. How Arizona's senators voted
azcentral.com/story/news/politics/arizona/2024/04/17/sinema-kelly-vote-to-end-impeachment-case-against-alejandro-mayorkas/73363468007/
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Tenth consecutive monthly heat record alarms and confounds climate scientists: Sharp increase in temperatures over past year has surprised many scientists
irishtimes.com/science/2024/04/09/tenth-consecutive-monthly-heat-record-alarms-and-confounds-climate-scientists/
Quick Glance: Global Record: Warmest March Ever
- Last month marked the warmest March globally on record and the tenth consecutive month with new temperature records for respective months.
- According to a report from the Copernicus Climate Change Service (C3S), the EU's climate monitoring service, global temperatures in March surpassed the pre-industrial average for that month from 1850 to 1900 by 1.68°C and were 0.73°C above the 1991-2020 average for March. The previous month also exceeded the previous March record by 0.10°C set in 2016.
- The global average temperature from April 2023 to March 2024 is now the highest on record, standing at 1.58°C above the 1850-1900 pre-industrial average.
- In Europe, temperatures in March 2024 were 2.12°C above the 1991-2020 average for the month, with significantly above-average temperatures observed in central and eastern Europe.
SNP and Scottish Greens power-sharing deal ends following climate target row: The SNP and Scottish Greens power-sharing deal has formally ended following a row ...
news.sky.com/story/snp-and-scottish-greens-power-sharing-deal-ends-following-climate-target-row-13122512
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
Balance for 2023: A year of climate contrasts in Europe: 2023 was a year of extremes: heat, fires, high water levels. Climate change has brought new weather ...
zdf.de/nachrichten/panorama/klima-europa-extrem-2023-copernicus-100.html
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
Flooding in Tanzania has killed 155 people as heavy rains continue in Eastern Africa
apnews.com/article/tanzania-flooding-kenya-6332245eba04d8365c457a6c93093d09
Quick Glance: Devastating Impact of Heavy Rains in Tanzania
- In Tanzania, the heavy rains that triggered flooding and landslides due to El Nino have resulted in the loss of at least 155 lives.
- The torrential rains, accompanied by strong winds, have caused significant damage, including the destruction of crops, homes, and infrastructure.
- Kenya has recorded about 45 fatalities since the start of the rainy season in March, including 13 from floods in the capital Nairobi.
- The UN humanitarian response agency OCHA reports that in Somalia, the Gu rains have led to severe floods, resulting in at least four deaths and affecting or displacing over 800 people.
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid: Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental ...
nytimes.com/2024/04/19/climate/rfk-jr-environment.html
Quick Glance: RFK Jr.'s Environmental Colleagues Urge Him to End Presidential Bid
- Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”
- As an independent candidate for the White House, Robert F. Kennedy Jr., claims he would be the “best environment president in American history,” drawing on his past as a crusading lawyer who went after polluters in New York.
- But dozens of Mr. Kennedy’s former colleagues at the Natural Resources Defense Council are calling on him to withdraw from the race, in full-page advertisements sponsored by the group’s political arm that are expected to appear in newspapers in six swing states on Sunday.
- Separately, a dozen other national environmental organizations have issued an open letter calling Mr. Kennedy “ a “dangerous conspiracy theorist and a science denier” who promotes “toxic beliefs” on vaccines and on climate change.
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Wild horses to remain in North Dakota's Theodore Roosevelt National Park, lawmaker says
apnews.com/article/north-dakota-wild-horses-theodore-roosevelt-park-1af6f1b23a2bfa1916d868bd96e4ad91
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
Arizona ruling on abortion roils Senate race: The Arizona Supreme Court’s decision to uphold a territorial-era ban that blocks nearly all abortions in the state ...
trib.al/NpHqlU6
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
What caused the storm that brought Dubai to a standstill?: A storm hit the United Arab Emirates and Oman this week bringing record rainfall that flooded ...
rte.ie/news/world/2024/0417/1444135-dubai-weather-explainer/
Nationals’ nuclear climate policy puts Australia’s Paris deal in doubt: Nationals leader David Littleproud has conceded turning to nuclear power would mean ...
smh.com.au/politics/federal/nationals-nuclear-climate-policy-puts-australia-s-paris-deal-in-doubt-20240424-p5fm8p.html
Two years to save the planet, says UN climate chief, and other nature and climate stories you need to read this week
weforum.org/agenda/2024/04/nature-climate-news-un-warning-04152024/
Quick Glance: Scottish Government Abandons 'World-Leading' Climate Target
- The Scottish Government has abandoned its “world-leading” target of reducing greenhouse gas emissions by 75% by 2030.
- Ministers will bring forward legislation to ensure the climate change target “better reflects the reality of long-term climate policymaking”.
- Scotland will move away from legally binding annual targets to a five-yearly carbon budget approach.
- A new package of climate action measures was announced, including tripling the number of charging points for electric vehicles and exploring a new integrated ticketing system for public transport in Scotland.
Biden administration bans drilling in nearly half of Alaska petroleum reserve in sweeping win for climate advocates
cnn.com/2024/04/19/climate/alaska-drilling-ban-biden-climate/
Quick Glance: Restrictions on Oil and Gas Leasing in Alaska under Biden Administration
- The Biden administration announced restrictions on new oil and gas leasing on 5.3 million hectares of a federal petroleum reserve in Alaska to protect wildlife from the impacts of climate change.
- The decision finalizes proposed protections that drew backlash from environmentalists last year for violating Biden's climate change pledge.
- The limitation on new leasing faced opposition from Republican lawmakers who criticized the decisions as undermining national security interests.
- Environmentalists praised the decision, while the oil industry labeled it as misguided and raised concerns about future developments in the reserve.
Cicadas are so noisy in a South Carolina county that residents are calling the police
apnews.com/article/noisy-cicadas-south-carolina-police-39f2bd760a51c8c1d28d88b12473840e
Europe endured record number of ‘extreme heat stress’ days in 2023: New report warns people are increasingly at risk in a continent warming twice as fast as the ...
aljazeera.com/news/2024/4/22/europe-endured-record-number-of-extreme-heat-stress-days-in-2023
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Paid articlePaid Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
'Green Islam': What can it achieve in the world's largest Muslim country: What Can 'Green Islam' Achieve in the World's Largest Muslim Country?
nytimes.com/2024/04/17/world/asia/green-islam-indonesia.html
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
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