Tag: Economy

According to new research, American state and local governments have kept acquiring Chinese telecom equipment for U.S. supply chains despite the fact that that the federal government has deemed it a threat to national security. Officials have cautioned that the U.S. may be vulnerable to economic espionage or digital sabotage...

Lebanese woman Sali Hafiz stormed BLOM Bank in Beirut with a fake gun demanding she withdraw money to pay for her sister’s cancer treatment today. She was successful. A separate armed storming at Bank Med was also reported about an hour afterward, and was also successful. Armed withdrawals are...

It's no secret that China is Russia's most strategic ally. And even in the time of war, they seem to only support the invading country in ways that benefit them. Sanctions levied in response to Russian President Vladimir Putin’s invasion of Ukraine have dealt a devastating blow to his...

British Prime Minister, Boris Johnson has narrowly survived a confidence vote in his leadership. He dodged the dramatic no-confidence vote on Monday, with a too-close-for-comfort result that leaves him politically wounded and will likely begin a volatile period in British politics as he fights to stay in power and...

After a number of western companies started to leave or cease business in Russia, such as McDonald's, Starbucks, Car manufacturers, and many other brick and mortar establishments, Russia seems to be implementing a new law to punish future ones. This new law would allow the state to take control...

t his is an interesting time, economically speaking, among everything else that is going on in the world. Following an announcement by the Federal Reserve on Wednesday, rates were raised by 25 basis points. As this is the first time Jerome Powell and his friends decided to make a move...