Hannelore Foerster A new debt crisis could be looming as European countries throw huge sums of money at the energy crisis. “I believe several will struggle to avoid debt problems in the coming years and the result will be painful,” a Stanford economist told Insider. That could cause rates to stay higher for longer or…
Monthly Archives: October 2022
Man receives a tax refund check from the government. Getty Images In 2021, parents and individuals received a slew of beefed-up tax credits, and a third stimulus check. But some no or low-income earners don’t usually file their taxes, and may not have gotten their checks. The IRS is sending out letters to notify them…
Former President Donald Trump and former Republican Sen. Kelly Loeffler of Georgia at a rally in Dalton, Georgia on January 4, 2021. Sandy Huffaker/AFP via Getty Images New texts shed light on former Sen. Kelly Loeffler’s thinking during the Georgia runoffs and Jan 6. She told aides to make sure Trump retweeted a statement announcing…
Conservative MP Charles Walker talks to BBC News. BBC News UK Prime Minister Liz Truss announced her resignation on Thursday. A video of a Tory MP tearing apart Truss captures the political fury that led to her quitting. Charles Walker told BBC News he was “livid” and took aim at MPs who put Truss in…
Russian Air Force Su-27 Russkiye Vityazi (Russian Knights) jet fighters perform during the 2011 MAKS International Aviation and Space Salon in Zhukovsky REUTERS/Sergei Karpukhin A Russian fighter jet recently released a missile near a Royal Air Force reconnaissance aircraft. The UK’s Ben Wallace said the plane was patrolling over the Black Sea when the engagement…
This undated photograph released by the Ukrainian military’s Strategic Communications Directorate shows the wreckage of what Kyiv has described as an Iranian Shahed drone downed near Kupiansk, Ukraine. Ukrainian military’s Strategic Communications Directorate via AP The EU has agreed to sanction Iran over the drones it has supplied to Russia. Three people and an entity…
Sen. Elizabeth Warren. Tom Williams/CQ-Roll Call, Inc via Getty Images A federal appeals court ruled the Consumer Financial Protection Bureau’s funding as unconstitutional. The agency currently receives funding through the Federal Reserve, rather than Congress. Sen. Elizabeth Warren, who helped create the agency, called the ruling a “reckless decision.” A court shaped by Republicans just…
Former President Donald Trump. Emily Elconin/Getty Images Some prosecutors believe there’s enough evidence to charge Trump with obstruction in the Mar-a-Lago case, Bloomberg reported. The team handling the case hasn’t made a formal charging recommendation to AG Garland. If Trump is indicted, it wouldn’t be until after the November midterm elections. Some prosecutors at the…
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Liz Truss resigns outside Downing Street on Thursday. Dan Kitwood/Getty Images UK Prime Minister Liz Truss resigned Thursday after a catastrophic 44 days in office. Her plan to radically reshape the UK economy was brutally rejected by financial markets. With her authority shot, it did not take long for Conservative MPs to force her out….