Washington, U.S. | Xinhua | The United States on Wednesday imposed additional sanctions on Russia for its military operation in Ukraine, targeting the country’s major financial institutions and the two daughters of Russian President Vladimir Putin. According to a factsheet from the White House detailing the measures, the United States will …
Read More »Biden’s Supreme Court nominee sent to full Senate for floor debate, votes
Washington, U.S. | Xinhua | U.S. senators voted on Monday to send the nomination of Judge Ketanji Brown Jackson to serve in the Supreme Court for floor debate and votes. Three Republicans joined Democrats for a 53-47 vote to discharge Jackson’s nomination to the full Senate after the Judiciary Committee deadlocked …
Read More »Oil prices drop as U.S. announces massive crude reserve release
New York, U.S. | Xinhua | Oil prices dropped on Thursday as the United States announced a record release from the nation’s crude reserves. The West Texas Intermediate for May delivery lost 7.54 U.S. dollars, or 7 percent, to settle at 100.28 dollars a barrel on the New York Mercantile Exchange. …
Read More »Biden proposes 20 pct minimum tax on wealthiest in White House budget plan
Washington, U.S. | Xinhua | The Biden administration on Monday proposed a new 20-percent minimum tax on the the wealthiest, vowing to fix the tax code to ensure corporations and wealthy people “pay their fair share.” “This minimum tax would apply only to the wealthiest 0.01 percent of households – those …
Read More »Biden administration proposes 6.9 bln USD in FY 2023 budget for countering Ukraine war
Washington, U.S. | Xinhua | The administration of U.S. President Joe Biden on Monday proposed 6.9 billion U.S. dollars in its fiscal year 2023 budget proposal, which is aimed at addressing what it views as threats stemming from the military conflict between Russia and Ukraine. “This funding will enhance the capabilities …
Read More »Fund run by Biden’s son involved in financing biolabs in Ukraine: Russian Defense Ministry
Moscow, Russia | Xinhua | The investment fund Rosemont Seneca, currently managed by Hunter Biden, the son of U.S. President Joe Biden, funded the Pentagon’s military biological program in Ukraine, the Russian Defense Ministry said Thursday. The fund has resources in the amount of at least 2.4 billion U.S. dollars, said …
Read More »U.S. Senate begins hearings for Biden’s Supreme Court nominee
Washington, U.S. | Xinhua | The U.S. Senate Judiciary Committee began on Monday the first day of a series of hearings for the confirmation of Judge Ketanji Brown Jackson to the Supreme Court. Senate Judiciary Committee Chairman Dick Durbin, in opening statements, highlighted Jackson’s qualifications, as well as the historic nature …
Read More »Biden’s handling of U.S. economy met with record disapproval: poll
New York, U.S. | Xinhua | Almost three-quarters of Americans said they’re unhappy with U.S. President Joe Biden’s handling of inflation, which is now widely considered the country’s top priority for voters, reported Newsweek on Monday, citing an ABC News/Ipsos poll. A record high of 70 percent of the general public …
Read More »Russia imposes sanctions on top U.S. officials, including Biden, Blinken
Moscow, Russia | Xinhua | The Russian Foreign Ministry on Tuesday announced sanctions on top U.S. officials, including U.S. President Joe Biden, Secretary of State Antony Blinken, and Secretary of Defense Lloyd Austin. Russia’s “stop list” also includes Chairman of the Joint Chiefs of Staff General Mark Milley, National Security Advisor …
Read More »U.S. to revoke Russia’s most-favored nation status amid Ukraine crisis
Washington, U.S. | Xinhua | The U.S. government will revoke Russia’s most-favored nation trade status amid the Ukraine crisis, the White House said Friday, noting that it will work with Group of Seven (G7) countries and the European Union to roll out new sanctions. U.S. President Joe Biden and the other …
Read More »