Washington, U.S. | Xinhua | The U.S. inflation is at highs not seen in 40 years. While some say there’s no end in sight, others believe inflation will taper off in the second half. The last two years have been some of the most tumultuous the U.S. economy has experienced since …
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 »Iran’s supreme leader, president laud nationals for defeating U.S. “maximum pressure”
Tehran, Iran | Xinhua | Iran’s Supreme Leader Ayatollah Ali Khamenei and President Ebrahim Raisi on Sunday praised Iranians for their resistance against U.S. sanctions, saying the people managed to defeat Washington’s “maximum pressure” campaign. They made the remarks in their congratulatory addresses to the Iranian nation on the occasion of …
Read More »America’s new bid to arrest Joseph Kony
| THE INDEPENDENT | The U.S., through its embassy in the Central African Republic, recently published a warrant offering up to US$5 million for information leading to the capture of Ugandan warlord Joseph Kony. The U.S. had previously announced the bounty in early 2013. It has been on the trail …
Read More »Oil prices fall amid Iran talks, Ukraine crisis
New York, U.S. | Xinhua | Oil prices dropped on Thursday as investors assessed geopolitical risks. The West Texas Intermediate for March delivery lost 1.9 U.S. dollars, or 2 percent, to settle at 91.76 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery decreased 1.84 dollars, …
Read More »U.S. “genocide” allegation is lie of century: spokesperson
Beijing, China | Xinhua | The U.S. “genocide” allegation is a lie of the century, which fully exposes its sinister intention of politicizing the Winter Olympics and maliciously smearing China with Xinjiang-related issues, a Foreign Ministry spokesperson said on Wednesday. Foreign Ministry spokesperson Zhao Lijian made the remarks at a daily …
Read More »U.S. national debt surpasses 30 Trillion USD as Fed prepares to raise rates
Washington, U.S. | Xinhua | The U.S. national debt has surpassed 30 trillion U.S. dollars for the first time, raising concerns about future fiscal sustainability, as the Federal Reserve prepares to raise interest rates to tame inflation. The total public debt outstanding exceeded 30 trillion dollars on Monday, which included 23.5 …
Read More »U.S. equities poised for elevated volatility in 2022 amid multiple challenges
New York, U.S. | Xinhua | Wall Street had a rosy year in 2021 with all the three major indexes scoring double-digit returns, but many analysts have warned of a bumpy path for equities in the year ahead amid multiple challenges. The S&P 500 jumped 26.9 percent in 2021, marking the …
Read More »Afghans in Uganda
Why Museveni accepted them, and the risks Kampala, Uganda | RONALD MUSOKE | On Aug. 17, Ugandans woke up to the news that the government had agreed to temporarily host about 2,000 Afghan refugees following a request from the U.S government. Until then, many Ugandans had known about the …
Read More »The defeat of liberal imperialism
Why poorly armed Taliban triumphed over the US military after two decades of war THE LAST WORD | ANDREW M. MWENDA | The rapid collapse of the Afghanistan government before a rag tag army of (apparently) “poorly trained, poorly armed, poorly resourced and poorly commanded Taliban” (or so the lords …
Read More »