Brexit, which was a defining factor in Boris Johnson’s victory in 2019, is now at its lowest point on the public’s agenda for over a decade.
In the 1992 presidential race, James Carville, the political strategist for Democratic Party nominee Bill Clinton, coined the immortal phrase, “It’s the Economy, Stupid” in response to media questions about the rationale for the campaign. Clinton’s opponent, President George H. W. Bush had won the first Gulf War in 1991 and had enjoyed massive popularity in the aftermath. However, by the following year, voters were distressed about the condition of the economy and fired Bush, replacing him with...
Hugely popular video app TikTok could be banned in Europe as well as the US, according to remarks made by the president of the European Commission. TikTok is also under two separate EU investigations, and President Biden last week signed a bill which would see the app banned in the US within nine months unless it is sold to an American company more
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
We could be a lot more prosperous now if not for the myriad domestic constraints that keep pulling us back
Six months of conflict have also taken a heavy economic toll.
The German private sector returned to growth at the start of the second quarter, the latest HCOB ‘flash’ PMI® survey compiled by S&P Global showed, driven by a solid rise in services business activity. Although manufacturing remained in contraction, the rate of decline in factory production eased
Xi Jinping heads to Europe on Sunday to defend China's "no limits" alliance with Russia, first to key Ukraine backer France, then to Serbia and Hungary, which have close ties to the Kremlin. The world's second-biggest economy is seeking to deepen political and economic ties in Europe to counterbalance difficult
SCRANTON, LACKAWANNA COUNTY (WBRE/WYOU) — Scranton was chosen on Friday as one of 150 cities to transition the U.S. into a new era of clean energy. As new financing tools and clean energy tax incentives were brought on by President Joe Biden’s Inflation Reduction Act (IRA), Scranton and other cities like it are in a []
(The Center Square) – Newly released survey data shows that Americans are less confident about the economy. Gallup’s recently released economic confidence rating dropped from March to April as inflation remains elevated. Just after the polling was conducted from April 1-22, the federal government released underperforming Gross Domestic Product data. “This is the first time in five months that confidence has not seen a marginal improvement, and the first decline in...
Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly high and some signs of slowing growth have started to emerge. In remarks after the release of the Fed's decision Wednesday to leave interest rates unchanged, Powell said he didn't "really understand where talk of a stagflation scenario is coming from" given the preponderance of solid economic data. Historically, stagflation occurs when high unemployment, slow...
Fifty years ago today, Portugal’s Carnation Revolution began as soldiers overthrew the dictatorship. Although the revolution was ultimately contained, it changed the face of European politics and hastened the shift to democracy in Spain and Greece.