The head of the World Bank has warned that Russia’s invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser jump. David Malpass told a US business event on Wednesday that it is difficult to “see how we avoid a recession”. He also said that a series of coronavirus […]
Category: Business
U.N. warns of Crippling global food shortages this summer
Fears of a global food crisis are growing due to the shock of the war in Ukraine, climate change and rising inflation. Kristalina Georgieva, the International Monetary Fund managing director, told the World Economic Forum in Davos, Switzerland on Monday that “the anxiety about access to food at a reasonable price globally is hitting the […]
Remote workers quitting over return-to-office policies
Throughout the pandemic, many workers have said they’d quit if employers forced them back to the office. In March, Robert Half, a global recruiting firm, released a survey that revealed 50% of US workers would rather resign than be forced back to the office full-time. Return-to-office plans have been a can many companies have kept […]
Biden praises high gas prices as ‘incredible transition’ Americans must go through
President Biden said that the country is going through an “incredible transition” away from fossil fuels via the high gas prices being experienced nationwide. Biden made the statement on gas prices during a joint press conference with Japan Prime Minister Fumio Kishida on Monday. “Here’s the situation. And when it comes to the gas prices, […]
Starbucks exits Russia after closing 130 licensed cafes
After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that it will no longer have a brand presence in Russia. Starbucks has 130 locations in the country, which account for less than […]
Biden says economy under Republican control of Congress – would be much worse.
With less than six months before the midterm congressional elections, Biden is talking about the economy – a lot. It is the top issue on voters’ minds and, worryingly for Democrats, one of the biggest political liabilities for the president and his party. In recent days, Biden has sought to tell a textured story about […]
Food crisis coming, Prices skyrocket, shortages begin
Inflation, which is at a 40-year high, is working its way into the wallets of Americans in every which way it can. Gas prices are at all-time highs. The stock market has been tumbling, inching closer to being considered a hibernating “bear market.” And the items you love at the grocery store are getting marked […]
LGBTQ Drag Queen Toy introduced by Fisher-Price to ‘Inspire’ Toddlers
A new toy marketed to toddlers honors drag queen RuPaul. Under the Fisher-Price brand, Mattel has released a three-figurine pack devoted to RuPaul, with two figures in drag and one representing the host of “RuPaul’s Drag Race,” according to WGN-TV. “The figure pack honors RuPaul’s efforts to inspire people young and old to be true […]
Biden blamed as gas prices reach new record high
Average gas prices in the U.S. reached a new record high Thursday, according to AAA’s gas price calculator, after Republican senators slammed the Biden administration for a “de facto ban on new drilling.” The national average cost of a regular gallon of gasoline hit $4.589 early Thursday morning. This price topped Wednesday’s previous record of […]
New 2022 LGBTQ+ clothing collection for kids announced by Disney
Disney released a new LGBTQ+ clothing line for children amid the company’s feud with Florida Republicans and Gov. Ron DeSantis over the state’s new parental rights law. The clothing line features the rainbow Pride flag printed on T-shirts, baby clothes, bracelets, sweaters, socks, backpacks and other items. Read more at Foxnews.com
Brace for a recession say top CEOs
The mood in the C-Suite is darkening. CEO confidence has tumbled to the weakest level since the beginning of the Covid-19 pandemic, The Conference Board said Wednesday. For the first time during the economic expansion, CEO confidence is now in negative territory.Worse, business leaders are bracing for a potential downturn caused by the Federal Reserve’s […]
Exec admits Twitter does not believe in Free Speech
A senior engineer at Twitter has admitted the social media giant has a strong left-wing bias and they routinely censor conservatives. Siru Murugesan was recorded saying the company culture is extremely far left where workers are ‘commie as f**k’ and they ‘hate, hate, hate’ Elon Musk’s $44billion takeover. In a shockingly frank conversation, filmed over […]