In response to Russia’s continued war with Ukraine, President Biden announced an Executive Order (EO) to ban the import of Russian oil, liquefied natural gas, and coal to the United States. This decision was made in close consultation with US allies and partners around the world, as well as Members of Congress of both parties. […]
United States and Allies Impose Sanctions on Russia
In response to Russia’s war against Ukraine, the United States, along with Allies and partners, is imposing severe economic sanctions on Russia that will hamper its ability to do business in foreign currencies. President Biden promised to inflict a “severe cost on the Russian economy”. The United States carried out the following actions include: Severing […]
Supply Chain Woes Hamper Pandemic Recovery
US economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as global supply chain woes combined with a surge in Covid-19 cases lowered spending and investment. Gross domestic product (GDP) expanded at a 2 percent annualized rate following a 6.7 percent pace in the second […]
All You Need To Know For The 2022 Grand Prix Seasons
After many disruptions, changes, and rescheduling, it appears the F1 schedule for the 2022 grand Prix season has finally been released. There are also some exciting prospects in the pipeline for 2023, and if you’re a hardcore fan, they’ve launched a whole host of competitions and “meet the driver” opportunities too. We’ve scoured the internet […]
US-China Trade War Summer 2019
No, there still is no new trade agreement between the United States and China and the trade war between the two nations is heating up as President Trump promised to add tariffs to another $300 billion in Chinese imports after labeling China a currency manipulator (A weaker currency helps Chinese factories offset the higher costs […]