The Federal Reserve Bank’s Dallas branch has warned of a “brewing US housing bubble,” saying that prices have surged beyond levels justified by market fundamentals, creating risk of a market collapse. “There is growing concern that US house prices are again becoming unhinged from fundamentals,” Fed economists said in a …
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Latin American nations have been distancing themselves from their neighbor to the north and joining China’s Belt and Road Initiative, US senators discussed on Thursday during a Senate Foreign Relations subcommittee hearing. The senators spoke of the looming threat of Chinese influence in Latin America – a region which was …
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There is no scenario in which NATO will send its forces to Ukraine, the Inspector General of the German military has told journalists. In an interview with Die Welt on Saturday, General Eberhard Zorn replied in the negative when asked whether NATO could get involved in Ukraine should Russia use …
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Mending relations between Russia and Europe is still possible, but it will only happen when the latter “sobers up from the American bourbon” and gets rid of US influence, Kremlin spokesman Dmitry Peskov said on Saturday. “There are always solutions. From any confrontation, from any difficult situation, there are always …
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Ukraine is expecting to be granted access to $400 billion worth of frozen Russian assets for the country’s reconstruction fund, President Volodymyr Zelensky’s economic adviser, Oleg Ustenko, said in an interview with the local Ukraine 24 news outlet. “We are talking primarily about the $300 billion frozen Russian Central Bank reserves… …
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The US will be sending an additional $300 million in military aid to Ukraine, Pentagon press secretary John Kirby announced on Friday. He added that the package will include laser-guided rocket systems, switchblade tactical drones which are capable of taking out armored vehicles, Puma surveillance drones, armored Humvees, ammunition, night-vision …
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Italy is actively seeking to broker peace in Ukraine and is willing to become a guarantor of the country’s neutral status, Foreign Minister Luigi Di Maio said on Saturday. The diplomat made these remarks after meeting his Azerbaijani counterpart Jeyhun Bayramov in Baku. “Italy is working non-stop to put this …
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The spectacle of comedian Chris Rock being assaulted at the Academy Awards by Will Smith reveals something fundamentally wrong, even sick, about American society, overwhelmed as it is with violence and cancel culture. For those who missed the best primetime television in many years, the comedian Chris Rock, while performing …
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Israel and the United Arab Emirates have concluded five months of negotiations by signing a free trade agreement, following up on the Abraham Accords that formally established relations between the two nations. Israel’s Minister of Economy and Industry Orna Barbivai and the UAE’s Foreign Trade Minister, Thani bin Ahmed Al …
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The president of Finland, which borders Russia, says the widespread support for NATO expressed in recent opinion polls could pave the way for joining the US-led military bloc without a referendum. The attitude of the Finns towards NATO membership took a U-turn following Russia’s attack on Ukraine. “NATO needs to …
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