Prices at the gas pump have drifted down a bit in the last month but are still eye-popping. At the same time, Exxon just reported second-quarter profits of $17.9bn, more than three times what it earned a year ago.
US
-
-
PoliticsWorld News
China conducts military exercises off Taiwan after warning Pelosi to scrap visit
by kimadminby kimadminPresident Xi Jinping warned his US counterpart, Joe Biden, in a phone call on Thursday against “external interference” in Beijing’s dealings with the island.
-
EconomyWorld News
Alibaba added to watch list of Chinese firms facing expulsion from US exchanges, days after primary listing bid in Hong Kong
by kimadminby kimadminMore than 150 Chinese companies are currently on the SEC’s provisional line-up of firms up for delisting
-
PoliticsWorld News
As Xi Jinping warns Joe Biden on Taiwan, history of ‘yao guan’ shows US cannot laugh off China’s intentions
by kimadminby kimadminThe US ignored China’s warning of ‘yao guan’ in 1950 about intervening in the Korean war, resulting in strained relations until the 1970s
-
PoliticsWorld News
The drama over Nancy Pelosi’s Taiwan travel plans, briefly explained
by kimadminby kimadminHouse Speaker Nancy Pelosi holds her weekly press conference at the US Capitol on July 21, when she said “it’s important for us to show support for Taiwan.”
-
Rising gas prices have been a major driver of inflation. A government report released last week showed that an increase in energy prices fueled a big jump in inflation in June, when the Consumer Price Index rose 9.1 percent from a year earlier, a new four-decade high. Gas prices soared after demand for oil rebounded from pandemic lows and Russia’s invasion of Ukraine drove up oil prices.
-
PoliticsWorld News
‘A dangerous moment’: China warns of consequences if Pelosi visits Taiwan
by kimadminby kimadminIf the visit goes ahead, Nancy Pelosi would be the highest-ranked US official to visit Taiwan since 1997.
-
In his view, Mike Pence could thwart formal congressional certification of Trump’s re-election loss
-
PoliticsWorld News
Ukraine war forcing China to rethink ‘how and when’ it may invade Taiwan, CIA chief says
by kimadminby kimadminCIA Director Bill Burns seen here in 2021. Burns said Russia’s experience in Ukraine is affecting Beijing’s calculations on how, not whether, to invade Taiwan
-
Afghanistan’s diplomatic missions called for more foreign aid to help respond to the disaster.