The US is facing grave risks in the wake of rising global geopolitical tensions and the nation’s domestic political polarization, Jamie Dimon, JPMorgan Chase chief executive, has warned. In an annual shareholder letter on Monday the CEO of the largest US bank cited large amounts of government spending and efforts …
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Washington will continue to actively support Israel and seek to realize a “nightmare” scenario for the Iranian leadership, US Senator Lindsey Graham told Prime Minister Benjamin Netanyahu during his visit to Tel Aviv on Thursday. The US expressed its strong support for the Jewish State in October 2023 in the …
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The oldest institution of higher learning in the US is also the worst when it comes to freedom of speech, according to the Foundation for Individual Rights and Expression (FIRE) survey released this week. The rankings showed Harvard University at zero, with the cumulative score actually standing at negative 10.69, …
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The US was the worst-performing of the Group of Seven most advanced Western economies in the second quarter of 2022, the latest data from the UK Office of National Statistics (ONS) showed on Friday. The ONS released the G7 comparison while also reporting that the British economy had contracted by …
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US stock futures continued to decline Friday morning after the worst start to a year in decades. The Dow Jones Industrial Average is down 0.7% in pre-market trading, while the S&P 500 and Nasdaq 100 are sliding 0.67% and 0.59% respectively. Stock extended losses from Thursday’s session, with the Dow …
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The US is taking hostile steps against Russia that are worse than during the Cold War, Kremlin spokesman Dmitry Peskov has determined. However, Washington is hurting itself in the process and will ultimately have to acknowledge Moscow’s legitimate interests, he said, during an interview with Russian media on Thursday. “We …
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The global economy is facing “its biggest test since the Second World War”, the managing director of the International Monetary Fund said at the start of the World Economic Forum in Davos. Kristalina Georgieva said the conflict in Ukraine has “compounded the Covid-19 pandemic – a crisis upon a crisis …
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The Russian economy has overcome the first shock from the sanctions imposed by the West, according to Finance Minister Anton Siluanov. It won’t be easy to get over the restrictions, but prudent financial and budgetary policy will allow the country to withstand them and maintain financial sovereignty, he said on …
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The world is about to face an acute food crisis due to skyrocketing food prices, German Economic Cooperation and Development Minister Svenja Schulze told Bild newspaper on Saturday, warning about a looming famine not seen since World War II. The minister has named Covid-19 pandemic and Russia’s ongoing military operation …
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US markets fell sharply on Thursday in Wall Street’s worst day since 2020, eviscerating all the gains from the previous day, after the US Federal Reserve announced plans to raise the key interest rate. The Dow Jones Industrial Average plummeted more than 1,000 points, or 3.1%, marking its worst daily …
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