High inflation, record-level interest and mortgage rates and now rising gas prices are likely to reverse the gains made by Democrats on the economic front.
According to the Biden government, the decision on Wednesday by OPEC+ to cut production by 2 million barrels per day at a time when the global economy is grappling with the continued negative impact of Putin’s invasion of Ukraine and Western sanctions, is an indication that the cartel is purposefully siding with Russia, and that oil and politics have become decidedly intertwined on a cartel level.
Recent polling shows that most Americans continue to have a pessimistic view of the economy. Biden has consistently received negative ratings on economic issues. An A major goal of IRA--the largest federal government spending increase on alternative energy in U.S. history--is to strengthen energy independence, reduce dependence on Chinese imports, and reinvigorate the industrial sector.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Eating out may be the future of the high street - restaurants and pubs need helpThe future of Watford town centre is something that must still be preying on the minds of many in the town hall.
Læs mere »
Princess Eugenie wows as she rocks high street style in LondonPrincess Eugenie looked so chic in a Topshop belted coat, Zara dress, and Aquazzura knee-high boots
Læs mere »
COVID Risk Rising Across Mass.; Parts of NH, Maine Now Considered High RiskMost of Massachusetts, including Boston, is now considered to be at medium risk for COVID-19, according to the latest data from the Centers for Disease Control and Prevention. That’s a sharp reversal from just a month ago, when the entire state was in the low risk category. Essex County is the only eastern county considered low risk, along with Berkshire…
Læs mere »
The best Disney baby clothes available on the high streetFrom Mickey Mouse and Minnie Mouse to Winnie the Pooh, Mother&Baby rounds up the best Disney baby clothes available to buy now.
Læs mere »