African leaders and the United States government have underscored the need for increased investment and prioritization of nutrition across the African continent. The African Development Bank (AfDB), through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission, convened a high-level discussion on 12 December, on the sidelines of the U.S.-African […]
Tag: U.S. President – Joe Biden
Kamala Harris To Be Acting President As Biden Undergoes Medical Check-Up
With the U.S President, Joe Biden’s , movement on Friday to a hospital for anesthesia check-up that may take days to be completed, the country’s Vice President, Kamala Harris, will serve as acting president until medical report confirms that Biden is fit to continue in office as President. A statement issued by the White House […]
U.S Inflation Hits 4.3% In August, Highest In 30-Years
The United States’ inflation rate for the 12 months ending in August rose from 4.2 percent to 4.3 percent, the highest rate since 1991. The White House announced that the personal consumption expenditure (PCE) price index climbed 0.4 percent in August for its sixth straight increase. An analysis of the PCE indicated that the core […]
Senate Republicans Block Debt Ceiling Extension Bill
Senate Republicans on Monday evening blocked new moves by the President Joe Biden’s administration to fund the government and suspend the debt ceiling, thereby making real their earlier threat to not deliver votes for a Democratic measure to raise government’s borrowing limit. At the end of the voting, 48 Senators opposed the move while 50 […]
US Current Account Deficit Rises To $190.3Bn In Q2
The United States’ current account deficit widened by $0.9 billion, or 0.5%, to $190.3 billion in the second quarter of 2021 The deficit figure was announced on Tuesday by the Commerce Department which also reported that the second quarter deficit was 3.3% of current dollar gross domestic product (GDP), down from 3.4% in the first […]
Biden Administration Proposes Tax Hikes For Businesses, Wealthy
The U.S. CongressPresident Democrats on Monday unveiled a sweeping proposal for tax hikes on big corporations and the wealthy to fund President Joe Biden’s $3.5 trillion rebuilding plan. The Democrats proposed 39.6% tax rate on individuals earning more than $400,000, or $450,000 for couples, and there would be a 3% tax on wealthier Americans with […]
U.S Congress Approves Biden’s $3.5Trn Budget Blueprint
The United State (U.S) Congress has approved a $3.5 trillion (about £2.54tn) budget blueprint, thereby setting the stage for Democrats to fund President Joe Biden’s ambitious economic agenda. The rule, which was passed on Tuesday, permits the Biden-led Democratic Party, which narrowly controls both chambers of the legislature, to move ahead with key policy proposals. […]
Biden To Sign Executive Order On Vehicles’ 50% Zero-Emission Target Today
U.S President, Joe Biden, is expected to sign an executive order today setting a national goal for electric and other zero-emissions vehicles to make up half of new cars and trucks sold by 2030. To demonstrate their support for the administration’s initiative, Ford and GM executives, together with leaders from the United Auto Workers will […]
White House Mulls COVID-19 Vaccination Mandate For Federal Workers
The White House is reportedly mulling a policy of requiring federal employees to show evidence that they have been vaccinated against the coronavirus or otherwise submit to regular testing and wear a mask. The proposed measure is a potentially major shift in policy that reflects growing concerns about the spread of the more infectious COVID-19 […]
56% Americans Support Stricter Regulation Of Tech Firms – Survey
More Americans think major technology companies should face more government regulation even as a majority say that these firms have too much economic power and influence. These findings were contained in a new Pew Research Center survey conducted April 12-18, 2021. But then, there’s not a strong consensus among the public that the government reducing […]