As expected, a majority in the Senate voted against an additional 1.2 percent increase in the minimum wage on Tuesday. The BBB announced last week that it would vote against the law that regulated the increase, making it clear there would be no majority support.
The IMF is cautioning against overexuberance in markets as investors look for central bankers to pull off a "soft landing" in their years-long inflation battle.
Andriy Kobolyev calls for more weapons after Russia destroys one of Ukraine’s largest power plantsA dramatic rise in European energy prices is inevitable if the Russian destruction of Ukrainian energy infrastructure continues unabated, the former chief executive of Ukraine’s state-owned oil company has warned.Andriy Kobolyev, a former head of Naftogaz, said in an interview with the Guardian: “Russia is trying to wage a global energy war and Ukraine is part of that war and if the markets perceive...
Prepare for hotter days and nights ahead, surpassing the already scorching heat as temperatures could reach over 40 degrees Celsius in the coming weeks.
California's New Minimum Wage: A Cure That Exacerbates The Sickness Via SchiffGold.com, The solution to a problem shouldn’t make the problem worse. But apparently, California’s policy makers missed that memo. On April 1st, the state instituted a $20 minimum wage for fast food workers, the highest in the US. With California’s absurdly high cost of living, the policy appeared to make life more manageable for low-income residents. Unfortunately, as the adage goes, “If it sounds...
China is planning a permanently-manned base on the Moon (Picture: Getty) Nasa has warned that China may attempt to take over parts of the Moon within just a few years. The space agency’s administrator Bill Nelson said he fears the country’s civilian programmes launched in the name of science could actually be secret military operations. Speaking before a House Appropriations Committee to argue why Nasa needed a $25.4 billion budget for 2025, Mr Nelson said: ‘China has made extraordinary...
A law calling for a $20 minimum wage has led to brutal backlash as customers opt out of ordering delivery in Seattle, Washington.The Seattle City Council is in the middle of deciding whether to pass a new law that would adjust its prior PayUp bill that went into effect in 2022.The PayUp law enforced a minimum wage for gig workers, which includes delivery drivers for local restaurants and platforms like Uber Eats and DoorDash. Under PayUp, delivery drivers made $26 per hour before accounting for...
Australia’s spy boss and the head of the federal police have urged technology and social media companies to step up their game to keep users safe online. ASIO director-general Mike Burgess and AFP commissioner Reece Kershaw will use a joint address at the National Press Club on Wednesday to call on tech giants to do […]
Morocco’s Education Ministry announced on Tuesday that the first installment of the MAD 750 ($73) monthly salary increase for teachers will be disbursed in the April salaries.
Jurors serving in former President Donald Trump's first criminal trial are at risk of being "outed" and put in harm's way, according to former federal prosecutor Ankush Khardori.Trump's trial began with the start of jury selection on Monday in New York City, where the former president has pleaded not guilty to 34 felony charges of falsifying business records tied to hush money paid to former adult-film actress Stormy Daniels during Trump's 2016 presidential campaign. Seven jurors had been...
Labour peer Lord Robertson of Port Ellen told the House of Lords that experts are questioning the Government’s £75 billion figure.
Sustained high levels of energy and commodity prices could drive global inflation upwards, the World Bank has warned today.