Venezuelan petrochemicals produced by joint ventures between the state chemical company Pequiven and foreign partners have joined USA, despite Washington’s efforts to limit trade with the partner country of the OPEC. At least two shipments of methanol, a widely used industrial product whose prices have soared this year, have landed at ports near Houston since […]
Tag: EE.UU.
Professor who predicted inflation urges Fed to rush tapering
The Federal Reserve It needs to speed up its schedule to tighten monetary policy because rising prices show no signs of easing anytime soon, said Jeremy Siegel, a finance professor at the Wharton School of the University of Pennsylvania. Siegel, who last year predicted an increase in consumer prices when few did, expects cumulative inflation […]
Automakers fall far short of Biden’s consumption targets
Updated on 11/22/2021 02:43 am The Environmental Protection Agency’s calculation of USA (EPA) from the modest gains in fuel economy by automakers last year highlights the need for a rapid increase in fuel economy. electric vehicles if the industry wants to meet the proposed objectives. The EPA reported Friday that automakers achieved an average of […]
Texas, after blackouts, seeks to be the capital of cryptocurrencies
Updated on 11/22/2021 02:09 am Texas, which now houses the most vulnerable electricity grid in USA, it would be on the verge of being affected by an increase in electricity demand that would be twice that of Austin. Due to its low energy rates and economic liberalism an army of cryptocurrency miners plans to head […]
US, China and others point to OPEC with possible release of oil reserves
The governments of some of the world’s largest economies said they were considering releasing oil from their strategic reserves, following an unusual request from USA for a coordinated measure to cool energy prices and before a meeting of the main producing countries. The government of the president Joe Biden has asked large oil buyers such […]
How is Hamtramck, the first city in the United States ruled by Muslims
A walk down the main street in Hamtramck, Michigan, feels like a tour around the world. An Eastern European sausage shop and bakery are located next to a Yemeni department store and a Bengali clothing store, according to the BBC. The church bells ring along with the Islamic call to pray. “The world in two […]
Yellen warns that the US will default on its debt on December 15
Updated on 11/16/2021 07:23 pm The Secretary of the Treasury of USA, Janet Yellen, warned that the country could default on the national debt on December 15 and urged Congress to approve as soon as possible a suspension of the debt ceiling. Yellen’s warning, however, is good news for the United States that it would […]
Fauci Says Booster Vaccines For All Key For US To Reach COVID-19 Endemic Level
Updated on 11/16/2021 06:19 pm America’s top infectious disease official, Dr. Anthony Fauci, stated that it is possible that the COVID-19 be reduced next year to an endemic disease from the current great health crisis if the country increases vaccination rates. Booster doses of COVID-19 vaccines are vital to get to that point, Fauci said […]
Moody’s sees increased risk of US defaulting on debt interest
Updated on 11/16/2021 02:43 pm The credit rating agency Moody’s warned that he sees more risk that the Government of USA fail to pay interest on the debt if the Treasury Department “exhausts” its extraordinary measures. The United States Congress approved last month raising the debt ceiling by US $ 480,000 million above the previous […]
Biden has few tools to curb inflation in the short term
President Joe Biden promised to make every effort to lower prices in USA and his secretary of the Treasury, Janet Yellen, said the removal of tariffs on Chinese products could help. But the government actually has few tools to curb the increase in the inflation rate in the short term. The rise in prices is […]