Updated on 02/12/2021 06:34 pm The House of Representatives of USA, majority Democrat, passed a bill to avoid a government shutdown just 48 hours before it runs out of funds. The initiative was approved with 221 votes in favor and 212 against. The only Republican who supported the measure was the moderate Adam Kinzinger. The […]
Tag: Joe Biden
U.S. federal government shutdown looms amid disputes in Congress
Updated on 12/01/2021 08:34 pm The threat of a federal government shutdown of USA It increased on Wednesday because lawmakers failed to reach a budget agreement, with just two days to run out of funding. Congress has until Friday night to draft a new budget to avoid a sudden halt to most of the federal […]
US could change oil reserve release schedule if prices fall: official
Updated on 12/01/2021 02:41 pm The government of Joe Biden could adjust the timing of its planned release of strategic crude reserves if world energy prices fall substantially, said the Undersecretary for Energy of USA, David Turk. He added that other consuming countries that had agreed to release strategic reserves in concert with the United […]
US could toughen travel rules to combat omicron
Updated on 12/01/2021 02:31 am The Centers for Disease Control and Prevention (CDC) is evaluating more stringent travel recommendations and regulations amid an attempt by health authorities to slow the entry of the omicron variant of COVID-19 To united states. The agency is seeking measures such as reducing the testing window for travelers entering the […]
China collaborates in oil liberation, but independently
China’s ambiguity about its involvement in the US-led coordinated release of oil reserves is aimed at the domestic market to show that Beijing is not following Washington, according to government officials involved in the discussions. The world’s largest oil importer is committed to extracting crude from its stocks alongside the United States, Japan, South Korea, […]
Learn what Biden’s oil offensive means
by Liam Denning President Joe Biden shouldn’t wait for an invitation to Saudi Arabia so he can get his hands on a luminous orb in the near future. The announcement that the United States will release 50 million barrels from the Strategic Petroleum Reserve (SPR), as part of a broader measure coordinated with other countries, […]
Biden wants diversity at the Fed and has some options
President Joe Biden promised that his nominations to the United States central bank will bring “new diversity“To the Federal Reserve, adding that”it is much needed and long awaited”. In the Fed’s 107-year history, only three black Americans have served as governors on the central bank board in Washington. After his appointment on Monday of the […]
Biden to announce today the use of its oil reserves to contain prices
Updated 11/23/2021 09:42 am The president of the United States, Joe Biden, will announce this Tuesday that his country will take advantage of strategic oil reserves to help offset an increase in gasoline prices, according to local media. US Executive sources told ABC that the measure will be formally announced by the White House this […]
Biden considers Powell the “right person” at the Fed to fight inflation
Jerome Powell is the “right person“To lead the Federal Reserve (Fed) for a second term and fight against the record rise in US inflation, President Joe Biden said on Monday after announcing that he is keeping the head of the world’s most influential central bank in office. The appointment, which is expected to be confirmed […]
Powell, a Republican, is backed by Biden to remain post-pandemic Fed chairman
He was named after Donald Trump, who later criticized him. Jerome Powell, was backed by Joe Biden to continue four more years at the helm of the US Federal Reserve (Fed), remained stoic in the face of questions and went through one of the worst crises in the history of the United States. Biden He […]