The short-term debt of the American government is selling off sharply due to rising inflation

Short-term U.S. government bonds sold off sharply on Wednesday after the Department of Labor announced consumer prices jumped last month, stressing concerns that the Federal Reserve will have to act more decisively to slow inflation. Two-year treasury bills, which are very sensitive to interest rate expectations, had the sharpest growth in market yields during the peak of the coronavirus crisis in March 2020. Yield reached a peak of 0.51 percent and the latter rose 0.08 percentage points to 0.50 percent, indicating a significant drop in price. The biggest shift was in the five-year yield, which last rose 0.11 percentage points

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Oil is rising due to forecasts of higher demand, limited Reuters stocks

© Reuters. FILE PHOTO: Pump Crane Not Working in Dewitt County, Texas, January 13, 2016 REUTERS / Anna Driver Scott DiSavino NEW YORK (Reuters) – Oil prices rose on the third day on Tuesday after the United States lifted travel restrictions, and other signs of global recovery after the pandemic boosted demand outlook, while supply remained weak. The increase came after the U.S. Energy Information Administration (EIA) in its latest short-term energy review (STEO) predicted a small increase in gasoline prices for 2021 and 2022 compared to its forecasts last month. The administration of US President Joe Biden said it

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Obama is urging young people to take the air baton in an exciting speech

Former US President Barack Obama said young people have “the most important energy” in the fight against climate change, in an exciting speech at COP26 summit in Glasgow it brought him a standing ovation. Speaking six years after his appearance at the Paris summit that created an agreement to keep global warming well below 2C from pre-industrial levels, Obama said the young people were right to be frustrated due to the failure of his generation to deal with the “potentially cataclysmic problem” they inherited. “Vote on the issue. “Vote as if your life depends on it, because it depends,” he

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At a rally in support of the military campaign, Ethiopians condemn the United States. Written by Reuters

5/5 © Reuters. Civilians attend a pro-government rally to condemn what organizers say is the Tigray People’s Liberation Front (TPLF) and Western interference in the country’s internal affairs, at Meskel Square in Addis Ababa, Ethiopia, November 7. 2/5 ADIS ABEBA (Reuters) – Tens of thousands of Ethiopians gathered in Addis Ababa on Sunday in support of Prime Minister Abi Ahmed’s government as federal troops fight rebel forces threatening to march on the city. Some protesters condemned the United States, which is among the foreign powers calling for a ceasefire, as a year-long war that killed thousands of people intensified amid

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Biden promises that the social package of 1.75 billion dollars will pass after the victory on the infrastructure

Joe Biden has vowed to adopt a $ 1.75 trillion social spending bill because he wants to take advantage of the momentum given by adopting his $ 1 billion infrastructure plan. The US president welcomed him on Saturday Voting Friday night in the House of Representatives, which guaranteed a two-party infrastructure package, will now become law. The law was opposed by six progressive members of his party, who wanted to pass it at the same time as the Social Security Act, which the White House called “Let’s Rebuild Better.” On Saturday, Biden tried to allay the concerns of those members

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‘Under attack:’ Jury at murder trial sees footage of Ahmaud Arbery’s last minutes By Reuters

© Reuters. FILE PHOTO: People Gather in Front of Ahmaud Arbery Mural Painted by Brunswick African American Cultural Center Seeking Justice for Ahmaud Arbery in Brunswick, Georgia, November 4, 2021. REUTERS / Octavio Jones / File Photo Authors: Jonathan Allen and Rich McKay BRUNZWIK, GA (Reuters) – Ahmaud Arberi was “attacked” when three white men in trucks chased a black jogger through a predominantly white neighborhood in southern Georgia before killing him with a rifle, a prosecutor told a jury in a man’s murder trial on Friday. Gregory McMichael, 65, his son Travis McMichael, 35, and neighbor William “Roddie” Bryan,

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Nikola expects to pay $ 125 million for the SEC settlement

Electric truck driver Nikola said that he is allocating 125 million dollars to solve the investigation of the American securities regulators and that he will ask for compensation from his founder, Trevor Milton, who faces criminal charges of fraud. The settlement is not final. According to the regulatory submission from Nikola, “it is expected that the resolution will include. . . findings about our violations ”of the civil provisions of the U.S. Stock Exchange Act that prohibit fraud. Nikola declined to comment on the findings of the Securities and Exchange Commission and the potential settlement. Mark Russell, chief executive, told

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The UN is launching a fund to encourage cheaper loans, green development for Africa Author Reuters

© Reuters. FILE PHOTO: United Nations Logo Appears on Exterior of New York Headquarters, September 15, 2013 REUTERS / Carlo Allegri / File Photo JOHANNESBURG (Reuters) – The United Nations on Wednesday launched a new financial mechanism that aims to save African governments $ 11 billion in borrowing costs over the next five years, while encouraging green investment and sustainable development. The UN Economic Commission for Africa (UNECA) has launched the Liquidity and Sustainability Fund (LSF) at COP26, a global climate conference underway in Glasgow, Scotland. International investors with portfolios containing African government bonds will be able to turn to

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Latest COP26: Europe will invest one billion euros in clean technologies such as green hydrogen

Mehreen Khan in Brussels, Nathalie Thomas in Edinburgh and Jim Pickard in Glasgow © Jim Pickard Europe will aim to bring new climate technologies to market faster under a € 1 billion public and private investment scheme announced by European Commission President Ursula von der Leyen at COP26 on Tuesday. The EU Catalyst program, launched in partnership with Microsoft co-founder Bill Gates and the European Investment Bank, will fund and commercialize cutting-edge clean technologies, such as green hydrogen. “It is innovation that leads the way,” von der Leyen said of the program on Tuesday, which she added would fund “industry

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The French port is preparing for a storm in a fishing conflict with Britain By Reuters

2/2 © Reuters. FILE PHOTO: Fishing Trolleys Dock in Boulogne-sur-Mer after Britain and the European Union mediate a last-minute post-Brexit trade agreement, northern France, December 28, 2020. REUTERS / Charles Platiau / File Photo 2/2 Layli Foroudi and Clotaire Achi BOULOGNE-SUR-MER, France (Reuters) – People earning a living from fishing in the English Channel on Monday closed the openings due to the escalation of the Franco-British dispute over fishing licenses, which they expect to cost dearly on all sides. France states that Britain does not respect the agreement after Brexit https://www.reuters.com/world/uk/post-brexit-fishing-rules-heart-new-uk-france-clash-2021-10-28 on access to the British fishing areas and said

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