Controlling inflation won’t be painless, warns Fed Chairman

The fight against inflation, which is in the United States at its highest for 40 years, risks weighing on economic growth and employment, warned Thursday, May 12 the president of the American central bank, just confirmed for a second term by the Senate. Read alsoInflation: “It is inconceivable that my employees are losing purchasing power» … Read more

the Senate confirms the reappointment of Jerome Powell as Fed Chairman for a second term

The US Senate confirmed on Thursday May 12 the reappointment as chairman of the central bank (Fed) of Jerome Powell, chosen by Joe Biden for a second term, in the midst of a series of rate hikes in the face of high inflation. Read alsoIn the United States, employees in a position of strength The … Read more

CNP Assurances posts net profit up 2.7% to 316 million euros

CNP Assurances announced Thursday a net profit in the first quarter up 2.7% year on year, to 316 million euros, however reduced by provisions. The group has in fact endowed theprovision for surplus participation“of 172 million euros, “out of caution” and “given the uncertainties that may arise between now and the end of the year“Commented … Read more

mixed result for Trump in local primaries

Republican voters in West Virginia on Tuesday (May 11) chose a supporter of Donald Trump to represent them in the midterm elections in November, but the former president saw one of his proteges lose the primary in Nebraska. Read alsoHow Donald Trump is planning his revenge These two less urbanized states lean frankly on the … Read more

Wall Street unscrews again, technology and energy in mind

The New York Stock Exchange fell again on Monday May 9, weighed down by technology and energy stocks, reflecting concerns about inflation, the response of the American central bank (Fed) and a possible recession. According to final results, the Dow Jones index dropped 1.99% to 32,245.70 points. Read alsoAccording to INSEE, inflation will soar to … Read more

Inflation, Ukraine and China, risks for financial stability in the United States, worries the Fed

The risks for financial stability in the United States have increased over the past six months, the American central bank (Fed) warned on Monday May 9 in a report, citing inflation, the war in Ukraine or the difficulties of the real estate sector. in China. Read alsoAccording to INSEE, inflation will soar to 5.4% over … Read more

20 internet service providers pledge to cut costs

The White House announced Monday that it has reached an agreement with 20 internet providers, including AT&T, Comcast and Verizon, to reduce subscription costs and guarantee broadband access to low-income households. Read alsoEmmanuel Macron wants to impose automatic parental controls on Internet service providers “The Biden-Harris administration has obtained commitments from the top 20 internet … Read more

Massive fire and intense drought in the American West

A gigantic fire, contained to only 20% a month after its outbreak, continued to ravage the American state of New Mexico on Friday May 6, plagued like all of the western United States by a chronic drought which has continued. worse this week. Read alsoUnited States: California scratched by repeated fires Baptized “Hermits Peak Fireby … Read more

Elon Musk accused of disrupting China in space

Billionaire Elon Musk was taken to task on Chinese social networks on Tuesday after two of his satellites narrowly missed, according to Beijing, colliding with the Asian giant’s space station. The richest man in the world, who has just been elected personality of the year by the American magazine Time, is well known in China … Read more

Extradited to the United States, Colombian “Otoniel” pleads not guilty to international drug trafficking

Colombia’s biggest drug trafficker, “Otoniel,” head of the Gulf Clan Cartel, pleaded not guilty Thursday in federal court in Brooklyn to charges of international cocaine trafficking against him after his extradition to the United States. Read alsoThe Anti-Narcotics Office, spearheading the fight against drug trafficking Dairo Antonio Usuga David, alias Otoniel, 50, was notably charged … Read more