U.S. Economy Slowed in Third Quarter on Delta Surge, Supply Crunch
The U.S. economy grew at the slowest pace of the recovery in the third quarter, but economists expect strong consumer demand and an easing pandemic to boost growth in the coming months despite lingering supply constraints.
Hungary Condemns EU Climate Plans
Hungary’s nationalist conservative prime minister has accused the European Union’s executive of seeking to “destroy Europe’s middle classes” with a climate package.
Conservative Catholic Wins Hungary’s Opposition Primaries For Prime Minister
After winning Hungary’s first-ever primaries, a conservative Catholic mayor has become the opposition’s prime ministerial candidate.
G20 Leaders Fear “Economic Catastrophe” In Afghanistan
Leaders of the Group of 20 major economies pledged at least $1.7 billion Tuesday to avert an economic catastrophe in Afghanistan. Still, it was unclear when and where the promised money would arrive.
Key GOP senators fear Biden to bypass Constitution to force U.S. corporations to pay global tax
President Joe Biden and U.S. Treasury Secretary Janet Yellen are urging Congress to approve an international agreement for a global corporate tax of 15%, raising alarm among key GOP senators of an administration plan to circumvent the Senate’s treaty p…
‘Build Back Better World:’ U.S. races to counter China’s ‘predatory’ Belt and Road initiative
America and its allies are scrambling to establish a global infrastructure funding mechanism to counter the trillions of dollars China has spent to build projects and buy influence through what U.S. officials describe as Beijing‘s “mercantilist” and “p…
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