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India Cuts Major Port Deal with Iran, Daring Biden to Sanction It

The governments of India and Iran on Tuesday announced a 10-year agreement that gives India control and allows it to develop the Chabahar port, a Gulf of Oman stop that provides India with a favorable shipping route to the Persian Gulf. “The importance of Chabahar Port goes beyond its role as a mere conduit between […]

NYC Buildings Dept. cuts back staffing including inspectors despite recent collapses

The city’s Department of Buildings is cutting its staff by a quarter starting in 2022, with many of those positions being filled by inspectors who are supposed to identify problems in structures before they potentially collapse. Ta. The troubling revelation surfaced Tuesday during a meeting of the City Council’s Housing and Buildings Committee. Commission Chair […]

Jerome Powell urges patience on rate cuts, inflation index higher than expected

Federal Reserve Chairman Jerome Powell on Tuesday called for patience and said he was losing confidence in the outlook for lower inflation this year after key indicators came in better than expected. The producer price index (PPI), which measures prices at the wholesale level, rose 0.5% last month, beating the Dow Jones estimate of 0.3%, […]

UN Cuts Estimate of Children Killed in Gaza by 50%; Blames ‘Fog of War’ for Errors

The United Nations has cut its estimate of Palestinian children killed in Gaza by half, casting doubt on a figure often used by international news organizations and governments to criticize Israel’s war against Hamas in Gaza. of jerusalem post office report Saturday: On May 6, the United Nations released data showing that 34,735 people were […]

Newsom budget promises ‘no new taxes’ but $15.2B in cuts against $80B deficit

(The Center Square) – California Gov. Gavin Newsom promised “no new taxes” in his 2024-2025 budget as he announced the state’s shortfall is $7 billion worse than was expected in January, and proposed $15.2 billion in budget cuts against an up to $80 billion deficit. Newsom’s cuts include reducing water storage and reducing the state’s […]

Some Trump Supporters Care More About Tax Cuts than the Sanctity of the Constitution

Former Secretary of State Hillary Clinton said Thursday on MSNBC’s “Morning Joe” that some supporters of former President Donald Trump care more about tax cuts than the sanctity of the Constitution. When asked about President Trump’s rhetoric, Clinton said, “People can’t stop reporting on the circus, and every statement, every insult, every outrageous action or […]

Extending Trump’s tax cuts would cost US trillions of dollars in new forecast 

The extension of tax cuts passed as part of former President Trump’s signature 2017 tax law will add trillions of dollars to the nation’s budget deficit over roughly the next decade, the Congressional Budget Office (CBO) says in a new report. I predicted that it was possible. CBO said Wednesday, citing figures from the Joint […]

Kristi Noem cuts off dogged Fox Business host: ‘Enough Stuart’

South Dakota Gov. Kristi Noem (R) and Fox Business host Stuart Barney spoke to each other in an interview Tuesday, in which the governor said she would shoot her dog despite growing criticism. tried to defend her decision, which resulted in her telling the governor “enough is enough.” ” Bernie asked whether including the anecdote […]