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Bank of England will cut interest rates in August, says Goldman Sachs
7 months ago

Bank of England will cut interest rates in August, says Goldman Sachs

The Telegraph  

Thanks for joining me. 5 things to start your day 1) Britain’s third new nuclear power station to be built in Anglesey | New North Wales site expected to generate 7pc of the UK’s electricity 2) Sunak and Hunt to press ahead with tax cuts in defiance of IMF warnings | IMF warns next PM faces ‘tough choices’ despite upgrading …

Bank High Ust
'Just sitting there': Why a dormant government fund got another cash infusion
1 year ago

'Just sitting there': Why a dormant government fund got another cash infusion

Raw Story  

A largely unused government fund intended to pay for presidential elections continues to grow with monthly taxpayer infusions — adding $327,000 last month, according to a Raw Story analysis of U.S. Treasury records. “It makes it that much simpler, and it's when people are having additional money coming to them.” President Barack Obama, as a presidential candidate in 2008, declined …

Research Money Congress Campaign Election Common Cause Republican
Here's why taxpayers just paid another $1.3 million into an unused government fund
1 year, 1 month ago

Here's why taxpayers just paid another $1.3 million into an unused government fund

Raw Story  

A largely unused government fund intended to pay for presidential elections continues to grow with monthly taxpayer infusions — adding nearly $1.3 million last month, according to a Raw Story analysis of U.S. Treasury records. “It makes it that much simpler, and it's when people are having additional money coming to them.” President Barack Obama, as a presidential candidate in …

Congress Campaign Election Common Cause Republican Democrat Million
Why an unused government fund just grew by $8.3 million — and no, you can't have the money back
1 year, 6 months ago

Why an unused government fund just grew by $8.3 million — and no, you can't have the money back

Raw Story  

An unused government fund intended to pay for presidential elections grew by nearly $8.3 million in April — and the taxpayer-funded money will now sit untouched in a bureaucratic black hole for what could be years or even decades, according to a Raw Story analysis of U.S. Treasury records. “It makes it that much simpler, and it's when people are …

Money Campaign Candidates Funding Common Cause Presidential Election Republican
'Productive' Talks No Deal Yet: What Is US Debt Ceiling, Over Which US Lawmakers Have Locked Horns?
1 year, 7 months ago

'Productive' Talks No Deal Yet: What Is US Debt Ceiling, Over Which US Lawmakers Have Locked Horns?

ABP News  

US President Joe Biden and Republican House Speaker Kevin McCarthy have called their latest round of negotiations on the debt ceiling “productive”, but they still haven’t reached a deal to avoid looming debt default. The US Treasury departments websites say that the debt limit is the total amount of money that the United States government is authorised to borrow to …

Financial Congress Treasury Debt Ceiling Republican Report House
US default on $31.46 trillion debt may lead to global crisis: Treasury chief
1 year, 7 months ago

US default on $31.46 trillion debt may lead to global crisis: Treasury chief

Hindustan Times  

U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would trigger a global economic downturn and risk undermining U.S. global economic leadership. "It would also risk undermining U.S. global economic leadership and raise questions about our ability to defend our national security interests." Yellen said she …

Global Japan Congress Economic Debt Developing Countries Treasury
Hiltzik: Young people must fight for Social Security benefits
2 years, 2 months ago

Hiltzik: Young people must fight for Social Security benefits

LA Times  

One almost has to admire Republicans for the tenacity and determination with which they keep coming up with new ideas for hobbling Social Security. Mitt Romney of Utah and Marco Rubio of Florida have proposed a federal family leave program that would be funded out of recipients’ future Social Security benefits, creating a retirement disaster for those who participate. Plainly …

Benefits Security Retirement Social Medicare Congress Social Security
Trump's presidency not just a blip in US foreign policy
3 years, 11 months ago

Trump's presidency not just a blip in US foreign policy

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Joe Biden’s plan to scrap President Donald Trump’s vision …

Security Policy China World Nuclear Trump North Korea
Trump’s presidency not just a blip in US foreign policy
3 years, 11 months ago

Trump’s presidency not just a blip in US foreign policy

Associated Press  

WASHINGTON — President-elect Joe Biden’s plan to scrap President Donald Trump’s vision of “America First” in favor of “diplomacy first” will depend on whether he’s able to regain the trust of allies and convince them that Trumpism is just a blip in the annals of U.S. foreign policy. From Europe to the Middle East and Asia, Trump’s brand of transactional …

Security China World Nuclear Trump North Korea Iran
Trump moves to Walter Reed Medical Center: US election news
4 years, 2 months ago

Trump moves to Walter Reed Medical Center: US election news

Al Jazeera  

Trump expected to spend ‘the next few days’ working from the hospital on advice of his physician and medical experts. — Leader McConnell October 2, 2020 15:20 GMT – Melania Trump: I have mild symptoms US First Lady Melania Trump has said she has “mild symptoms” of the new coronavirus, but is “feeling good”, after she and President Donald Trump …

China Medical Florida Supreme Court Canada Recovery Court
Trade to human rights: Trajectory of Trump’s China policy
4 years, 2 months ago

Trade to human rights: Trajectory of Trump’s China policy

Al Jazeera  

United States economic policy and foreign policy have always been intimately entwined. From slapping tariffs on hundreds of billions of dollars worth of Chinese imports to curbing the global might of Chinese telecommunications giant Huawei, declaring Beijing a currency manipulator, and effectively forcing China’s ByteDance to partner with US companies to keep TikTok US up and running, the Trump administration’s …

Human Rights Policy China Foreign Policy Trade Rights Trump