The shift toward renewable energy has to be managed very carefully in order to prevent a surge in oil prices as energy demand continues to rise, according to Saudi Arabia’s finance minister.“We have very serious concerns that the world could run short of energy if we are not careful in …
Read More »
The Senate will vote Tuesday on legislation lifting the government’s debt ceiling to stave off the risk of a default to avoid shutdown according to Majority Leader Chuck Schumer, without mentioning how much the increase will be.Senate passage, which requires only a simple majority, would send the debt limit measure …
Read More »
Americans’ cost of living climbed again in November and drove the rate of US inflation to a nearly 40-year of 6.8%, putting more pressure on households as they confront rising prices of fuel, food stuff, cars and house rents.The consumer price index increased 0.8% last month, the government said Friday …
Read More »
US Senate Banking Committee Chair Sherrod Brown expects to wait until January to hold hearings on President Joe Biden’s nominees to the top two Federal Reserve positions.Biden last month nominated Fed Chair Jerome Powell to a second four-year term as head of the US central bank and picked Fed Governor …
Read More »
President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine. The Bank of Canada is expected to keep the major part of focused spotlight on inflation at its policy decision, as the country’s central …
Read More »
The White House says President Joe Biden told Russian Counterpart Vladimir Putin that the United States is prepared to launch strong economic measures in case Russia decides to invade Ukraine, signaling that these new measures would pack a bigger punch than the sanctions issued in 2014 that failed to stop …
Read More »
US President Joe Biden said on Friday that price pressures would ease as the global economy improves.“Gasoline price drops are beginning to reach Americans and this should pick up, he added, saying that China might also decide to release more oil, though it has not done so just yet.Managing Director …
Read More »
US President Joe Biden said on Friday that price pressures would ease as the global economy improves. “Gasoline price drops are beginning to reach Americans and this should pick up, he added, saying that China might also decide to release more oil, though it has not done so just yet.
Read More »
US President Joe Biden’s administration will extend requirements for travelers to wear masks on airplanes, trains and buses and at airports and train stations through mid-March to address ongoing COVID-19 risks. A formal announcement extending the requirements through March 18 is expected on Thursday.The news adds to the Omicron-led risk …
Read More »
US President Joe Biden’s administration will extend requirements for travelers to wear masks on airplanes, trains and buses and at airports and train stations through mid-March to address ongoing COVID-19 risks. A formal announcement extending the requirements through March 18 is expected on Thursday.The White House and Transportation Security Administration …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
