The Federal Reserve (fed) of the United States raised its benchmark interest rates for the first time since 2018, to fight the inflationwhich reached a 40-year high in the United States. This first rate increase was moderate, by a quarter of a percentage point, to take them to a range of 0.25% to 0.50%after inflation […]
Tag: United States
Biden warns US companies of possible Russian cyberattacks
Updated on 03/21/2022 07:05 pm President Joe Biden is asking America’s businesses to make sure their digital doors are securely locked due to “evolving intelligence data” about what Russia is considering launching cyberattacks against critical infrastructure targets at a time when it continues to fight in Ukraine. The main adviser Biden in terms of cybersecurity, […]
SEC proposes rules to companies in the US due to climate change
Updated on 03/21/2022 05:37 pm Companies will have to disclose how much polluting emissions they produce and how global warming affects their businesses under new rules proposed on Monday by the US Securities and Exchange Commission (SEC) as part of a government-wide push to address climate change. Under proposals adopted in a 3-1 vote by […]
US claims Burma committed genocide against Rohingya
The United States officially declared on Monday that the Rohingya have been victims of “genocide” committed by the Burmese army and claims to have evidence that the intention was to “destroy” this Muslim minority in 2016 and 2017. “I have established that members of the Burmese military committed genocide and crimes against humanity against the […]
War in Ukraine puts pressure on US oil sector
Updated on 03/21/2022 04:27 am In the oil fields of northern Montana, industry veteran Mac McDermott saw crude prices soar from $75 a barrel in January to more than $120 when Russia invaded Ukraine, and drop again as fears of coronavirus in China raised the possibility of a global economic slowdown. McDermott said his family’s […]
Venezuela bonds attract buyers after US rapprochement
A bond trading at 10 cents on the dollar is the most “problematic” between “problematic”. And yet in Venezuela, which has been mired in default for years, when prices rose this week around that level, it was a sudden sign of growing optimism. Just two weeks ago, they were trading at just six cents. The […]
How Higher Rates Affect Americans’ Finances
Americans who have long enjoyed the benefits of historically low interest rates will have to adjust to a very different environment as the Federal Reserve embarks on what is likely to be a long period of high rates to combat inflation. Mortgages, which hit a record low of 3% last year, are now gone. Credit […]
Electrifying transport will not be enough to decarbonize the economy
Transport emissions only represent 16.2% of global emissions, so its electrification will only reduce a small part of the problem, according to energy experts from the Massachusetts Institute of Technology (MIT), who defend the promotion of all energy sources. available to decarbonise the economy. This was revealed by the scientists who participated in Madrid at […]
US: First-Time Home Buyers Feel Defeated by Rising Prices and Rates
Brianna Lombardozzi finally has her finances at a point where she might be able to buy a house, but she doesn’t feel too sure about her chances. Lombardozzi37, used her federal stimulus checks and other savings accumulated during the pandemic to pay off most of her credit card debt, a move that helped her credit […]
Israel, at the risk of becoming a refuge for Russian Jewish oligarchs
The Russian oligarchs, until recently highly valued in Israel for their investments and patronage, are now a stone in the shoe. The country, which has not sanctioned Russia, may become a haven for Jewish tycoons seeking to circumvent sanctions and get away from the Kremlin entourage. The names of Roman Abramovich and other billionaires of […]