The White House on Wednesday is expected to make an additional 15 million barrels of crude oil from the U.S. Strategic Petroleum Reserve available for December. In spring, President Joe Biden had authorized the release of 180 million barrels until the …
A poll carried out by Ipsos and Reuters reveals that a majority of U.S. adults remain in support of Ukraine despite fears of a nuclear war. In a land that remembers the Cold War all too well, threats over nuclear firearms are taken seriously. In fact, …
Despite the Fed’s historically aggressive rate hikes and another 5-percent drop in gasoline prices, inflation remained stubbornly high in September, as prices rose 0.4 percent compared to August and 8.2 percent compared to September 2021. According to …
Thanks to rising demand and an uptick in global oil prices following last week’s OPEC+ announcement to cut oil production, gas prices in the United States are creeping up again after declining for much of the summer. According to the U.S. Energy Inform…
Faced with the highest inflation in more than 40 years, the Federal Reserve has taken aggressive action this year. At its last policy meeting in September, the Federal Open Market Committee (FOMC) unanimously decided to raise the target range for the f…
After Russian President Vladimir Putin’s popularity already took a dip in September following continued losses by the Russian military forces and a partial mobilization of the population, support for the war the country is leading in Ukraine has now al…
In a new survey by the Levada Center, Russians were asked what feelings the news of the military mobilization caused in them. Fear was the most common answer given throughout all age demographics. The second-most common answer varied by age group, howe…
Following last week’s jobs report, which dashed hopes of the Fed pivoting to a less hawkish approach in its next policy meeting in November, investors are now anxiously looking ahead to Thursday’s release of the consumer price index for September. Whil…
As the International Monetary Fund and the World Bank Group are holding their annual meetings in Washington DC this week to discuss the numerous challenges faced by the world economy these days, the IMF has once again cut its forecast of global economi…
In the latest Postal Development Report, the Universal Postal Union looks at the postal services of 169 countries and ranks them based on four main components – reliability, reach, relevance and resilience. Top of the pile in 2021 was Switzerland – a r…