You hear quite a bit about “affordability” uniting the Democrats, don’t you? But, let’s not delude ourselves about the challenges ahead. I’ve just penned a memoir, Notes for Next Time, with the subtitle: “Surviving Tyranny, Redeeming America.” I’m quite optimistic about surviving Trump. Yet, reviving the life chances of yesteryears seems a daunting task. Rolling […]
The transformation of the American economy over the past forty years, especially recently, is marked by a stark upward redistribution of wealth and income. This makes the stance of certain prominent Democrats against wealth taxes, particularly the governors of states boasting the most billionaires, quite puzzling. Intellectually, empirically, and politically, this position seems less than […]
Shafaq News- Baghdad/ Erbil In a rather interesting turn of events this Sunday, the esteemed US dollar opened trading a tad higher in Iraq. It hovered around 154,500 dinars per 100 dollars. A market survey conducted by Shafaq News indicated that the dollar traded quite robustly in Baghdad. At the Al-Kifah and Al-Harithiya exchanges, it […]
The world presently finds itself grappling with rising prices and potential shortages in both energy and food. Unfortunately, these challenges appear inevitable, even if hostilities were miraculously resolved by tomorrow. “The Iran crisis is an epoch-defining event, akin to the fall of the Berlin Wall or 9/11,” asserts Peter Frankopan, an erudite professor of global […]
Are you finding yourself twiddling your thumbs longer for a rideshare or as you await your burger and chips delivery? And does it seem a tad pricier than before? The cause of your woes might well be stricter immigration enforcement. It’s not just about the arrest and deportation of undocumented workers but the pall of […]
Certainly, let’s give it a whirl, shall we? Ah, California, what a peculiar specimen within the American economic landscape. Though the federal government seems to delight in unsettling investors with rather capricious policies and a fondness for tariffs, California remains a beacon for global capital. Quite staggering, considering it’s not just any state but the […]
In a K-shaped economy marked by a stark divide in household income and spending, winners and losers emerge. Surprisingly, even the wealthy feel the pinch. As revealed by Kearney, a consulting firm, some six-figure earners find themselves “on thin ice” due to financial unpredictability. The report points out that these high earners, despite their outward […]
With the clock ticking down to the first World Cup match at MetLife Stadium, hotel bookings are rather lacklustre, casting doubt on the anticipated $3 billion economic boost. The expectation was high, with Mayor Zohran Mamdani suggesting that the Cup could be an immense boon for the city’s economy. However, reservations for New York during […]
On a rather typical Monday afternoon, a rather curious incident occurred at the Dollar General on 604 W. 7th Street, Galena, when a pickup truck managed to collide with the premises. Though the vehicle did not breach the edifice, it left a discernible mark. The exterior concrete block wall suffered damage, while the underlying sheet […]
In the midst of vexing geopolitical tensions and hastening economic division, China, it seems, is stepping in to lend a hand in stabilising this tumultuous world. So the experts have noted. Now, it was on the auspicious date of March 17, that the good folks in Beijing unveiled two rather informative yellow books: the Annual […]
