Author: Press Room
OPEC+ has reportedly begun to “unwind” voluntary production cuts, reducing oil prices to punish recalcitrant members, and perhaps to please President Donald Trump. The “plus” configuration of the Organization of the Petroleum Exporting Countries (OPEC+), which includes Russia, reportedly agreed to accelerate production for a second consecutive month over the weekend. Oil prices immediately dropped by over $2.00 per barrel, threatening to reduce Russia’s primary income stream. “Russia’s economy is dependent on oil revenues, which make up around 30% of its total state budget. Lower oil prices have repeatedly concerned Russian authorities,” the Kyiv Independent noted on Monday. The Ukrainians…
The leftist-liberal coalition government of Romania appears on the precipice of collapse in the wake of the strong victory of populist George Simion in the first round of the redo presidential election on Sunday. Social Democrat Romania Prime Minister Marcel Ciolacu on Monday announced plans to resign and called on his left-wing Social Democrats (PSD) party to withdraw from the recently-formed coalition government with the globalist National Liberal Party (PNL) and the socially conservative Democratic Alliance of Hungarians (UDMR), Digi24 reports. Following the cancellation of the previous presidential election in November, which saw populist Călin Georgescu banned after securing a surprise victory in the…
Speaker Mike Johnson said he still intends to hold a vote House to vote to fix the District of Columbia’s $1 billion funding shortfall, after the stopgap government funding bill he spearheaded back in March inadvertently forced the city to confront sudden budget cuts. “I talked to the mayor and told her that we would do it as quickly as possible,” Johnson told reporters Monday evening. “Reconciliation has taken all of our energy right now, but we’re not delaying this for some political purpose or any intentionality. It’s just a matter of schedule, even at this point.” The Senate has…
The former Maine governor who has called himself “Donald Trump before Donald Trump” has launched a campaign to take over the seat held by Democratic Rep. Jared Golden. Paul LePage, who served as governor of Maine from 2011 to 2019, on Monday announced a run for the state’s swingy second district, which Golden won last November by less than a point in a ranked-choice vote. “I do not need a job, I am running to protect our Maine jobs,” LePage said in a statement on social media announcing his candidacy. “I am running to serve the people of Maine and…
Xi Jinping will visit Russia at the invitation of Vladimir Putin and will attend the celebrations marking victory in the Great Patriotic War By Andrey Kortunov, Ph.D. in History, Director General of the Russian International Affairs Council, RIAC memberHistorians seldom completely agree with one another even on some of the most important events of the past. There are different views on various historical events, such as World War II (WWII). With new documents being declassified and new excavations at the sites of the main battles, we are likely to see new theories and hypotheses emerging that will feed more discussions…
The Gateway Pundit reported on the disgusting February attack on Jay Sani, an Indian-American student at Washington State University, at the hands of a professor. According to reports Sani, who was wearing a MAGA hat, was stepping out onto the street when two figures approached him. Patrick Mahoney, a university instructor and vocal proponent of Palestinian causes, and Gerald Hoff, a graduate student and teaching assistant. It is unclear what sparked the confrontation, but words were exchanged and, as seen on security footage, Mahoney lunged at Jay, ripping the hat from his head. Hoff joined in, and Jay was shoved…
Kenya’s President William Ruto raised his arm to block a shoe that was thrown at him during a rally in the western county of Migori on Sunday, where he delivered a speech about the rising cost of living that has angered the Kenyan public. Ruto was visiting Migori on a three-day tour to announce new government-backed development projects. His appearances went without incident until he reached the district of West Kuria, where the crowd was significantly more agitated. The shoe toss occurred while the crowd was pressing toward the podium where Ruto was speaking. Local officials portrayed the shoe-tossers as…
Three South Korean companies, acting with the support of their government, have presented Canada with an unsolicited $20 billion plan to upgrade its submarines, artillery, and armored vehicles. CBC News reported Monday that the proposal was an unusual example of coordination between normally competitive South Korean corporations and the government in Seoul. The proposal was crafted and presented on the initiative of the South Koreans, rather than being requested by the Canadian government. The full price tag for the deal could range as high as $25 billion, depending on exactly how much it costs for Hanwha Ocean and Hyundai Heavy Industries…
Former National Security Advisor John Bolton said Monday on MSNBC’s “Ana Cabrera Reports” that if President Donald Trump attempted to take control of Greenland with military force, it “would provoke an impeachment crisis almost immediately.” On NBC’s “Meet the Press,” Trump downplayed the likelihood but did not completely rule it out. He said, “I don’t say I’m going to do it, but I don’t rule out anything. No, not there, you need that. We need Greenland very badly. Greenland is a very small amount of people which will take care of and will cherish them and all of that, but…
Senate Majority Leader John Thune said Monday he is open to amending landmark cryptocurrency legislation that GOP leaders hope to pass in the coming weeks on the floor, as Republicans scramble to negotiate changes that would win over enough Democrats to advance the bill. “Changes can be made on the floor for sure,” Thune told reporters Monday. He added that he is “waiting to see what it is [Democrats] are asking for.” His comments come as key Democrats are negotiating to get changes to the crypto legislation, which would create the first-ever U.S. regulatory framework for digital tokens known as…