Tag: u.s

BUSINESS

U.S. Employment Rate Holds Strong

The U.S. economy added 428,000 jobs and the jobless rate held even at 3.6 percent, according to data released Friday by the Labor Department. The April jobs report showed job growth holding strong in April as the unemployment rate remained just 0.1 percentage points above its level in February 2020. Economists expected the U.S. to have added roughly 300,000 jobs, […]

POLITICS

The U.S. And Germany Are At One On Ukraine Against Russia

According to a White House press statement, both President Joseph R. Biden, Jr. and Chancellor Olaf Scholz of Germany have committed to holding Russia accountable for its brutal actions in Ukraine. Both men reviewed their ongoing efforts to provide security assistance to the government of Ukraine and humanitarian aid to the millions of Ukrainians affected by the violence. President Biden […]

BUSINESS

PPEM Makes Strategic Move Into U.S. Oil Market

According to press reports, Trinidad and Tobago-based Phoenix Park Energy Marketing Ltd (PPEM) has finalized its acquisition of a natural gas liquids terminal in the U.S. PPEM purchased the terminal located in Hull, Texas from Keyera Energy Inc – a subsidiary of Keyera Corporation one of Canada’s largest midstream oil and gas producers. The deal was announced in separate statements […]

NEWS

The U.S. Spent $2 Trillion In Afghanistan – And For What?

There is no shortage of benchmarks to count the cost of the United States’ longest war. Blood is by far the most precious metric. Treasure feels insignificant by comparison. But as images of Afghans swarming Kabul airport, desperately trying to flee Taliban rule, flood screens around the world, the vast sums the US spent trying to build Afghanistan into a […]

BUSINESS

U.S. Regulators Issue Safety Warning For Peloton’s Use

The U.S. Consumer Product Safety Commission (CPSC) is warning consumers about the danger of popular Peloton Tread+ exercise machine. This move comes against the backdrop of multiple incidents of small children and a pet being injured beneath the machines. The Commission has found that the public health and safety requires this notice to warn the public quickly of the hazard. […]

POLITICS

Joe Biden On A Roll

U.S. President-elect Joe Biden was in an entrenched position by the end of last week when polls result show Georgia in his win column. This latest news has put a damper on any hope of an overturned result expected by President Donald Trump. Mr. Trump, however, can maintain bragging rights as he was set to take home the North Carolina […]

BUSINESS

U.S. Jobs Fall Lower Than Expected

The U.S. added fewer jobs than expected in September in a sign that America’s rebound from the economic collapse triggered by the coronavirus pandemic is slowing. Employers added 661,000 jobs against the more than 800,000 expected. The jobless rate fell to 7.9 per cent, dropping for a fifth month, but the minority workers hit hardest saw minor change. The gains […]