On Friday, U.S. oil prices hit a seven-year high amid a surge in global demand and a supply crunch induced by OPEC. West Texas Intermediate crude, the U.S. oil benchmark, climbed to $82 a barrel. Gas prices followed… Oil is at its highest price since OPEC launched its price war …
With all his chips now in the middle of the table as this session of Congress winds down, Biden’s hand looks weaker and weaker. Wednesday, four polls found that half the nation — and in three of them, more than half — now disapprove of his presidency. “When sorrows come,” …
Assume the rest of the world embraces this minimum corporate tax of 15% and the U.S. — to recapture and restore a manufacturing base we gave away to China — answered the world with a corporate tax rate of 7% or 8%. Transnational companies would beat a path back to …
China started and finished the recent war in the Himalayas with India. It warned Hong Kong to stifle the democracy protests that went violent in 2019. When Hong Kong failed to do so, Beijing acted and is now completing the full absorption of the city into the mainland. On its …
When Biden reached the Hill, however, he threw in with the hostage-takers. He asked for a delay in House passage of his own infrastructure bill, until the demands of the progressives were addressed and met… Biden had ditched the Biden Democrats and cast his lot with Sanders & Co. “We’ve …
Listening to Wray, one came away with the impression that right-wing terrorism was our foremost internal security issue, that the Jan. 6 riot was a manifestation of that terrorism, and that white supremacists top the list of dangerous enemies inside our own country. “Unfortunately, Jan. 6 was not an isolated …
Not only is the center of political gravity shifting from Europe to Asia, European unity seems a thing of the past. As Britain has left the EU, Scotland is considering secession from England. Catalonia is still thinking of secession from Spain. Sardinia is considering secession from Italy. Poland and Hungary …
In 2016, an inconceivable event aborted the Paris climate scheme. The Americans elected Donald Trump. Calling the Paris deal a rip-off of his country, Trump swiftly pulled the U.S. out of the accords. Upon what grounds? Put simply, America First. “Follow the money!” The old maxim is always sound advice …
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