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Chinese students leave UK amid crackdown, MI5 claims - rt

Chinese students leave UK amid crackdown, MI5 claims

MI5 chief Ken McCallum has said Chinese students are leaving the UK amid hardened defenses of sensitive academic research
rt - 2 hours ago
Apple launches ‘lockdown mode’ - rt

Apple launches ‘lockdown mode’

Apple is rolling out a new security setting to protect vulnerable users against high-powered spyware like NSO Group’s Pegasus
rt - 2 hours ago
Iran detains UK deputy ambassador for alleged spying – media - rt

Iran detains UK deputy ambassador for alleged spying – media

A senior UK diplomat and two other foreigners have reportedly been detained on spying allegations in Iran
rt - 3 hours ago
UK PM rejects Scottish independence referendum, citing Ukraine - rt

UK PM rejects Scottish independence referendum, citing Ukraine

British Prime Minister Boris Johnson has denied Scotland permission to hold a binding second referendum on leaving the United Kingdom
rt - 3 hours ago
Ukraine should cede territory to Russia, nearly half of Germans say in poll - rt

Ukraine should cede territory to Russia, nearly half of Germans say in poll

Germans are split on potential territorial concessions by Kiev to Moscow, a fresh poll shows
rt - 4 hours ago
Boris Johnson sacks Michael Gove after vowing to ‘fight on’ - metro

Boris Johnson sacks Michael Gove after vowing to ‘fight on’

It comes after the Levelling Up Secretary reportedly called on the prime minister to resign.
metro - 4 hours ago
Who could replace Boris Johnson and how? - channel 4

Who could replace Boris Johnson and how?

From the possibility of another confidence vote to the reality of a cabinet rebellion.
channel 4 - 4 hours ago
Chris Pincher scandal: Deputy Mayor of Tamworth alleges he was sexually assaulted by the MP - channel 4

Chris Pincher scandal: Deputy Mayor of Tamworth alleges he was sexually assaulted by the MP

All this began with some serious allegations involving former Tory deputy chief whip Chris Pincher. Last night we revealed two police forecs had received reports of sexual assault linked to Mr Pincher - claims Mr Pincher has denied. 
channel 4 - 4 hours ago
Boris Johnson hanging by a thread after cabinet exodus - channel 4

Boris Johnson hanging by a thread after cabinet exodus

There has rarely been a more bizarre day in British politics. 
channel 4 - 5 hours ago
Richard Okorogheye’s mother rejects Met apology for ‘unacceptable’ failings - channel 4

Richard Okorogheye’s mother rejects Met apology for ‘unacceptable’ failings

Richard Okorogheye - who had sickle cell anaemia - went missing from his home in west London last March.
channel 4 - 5 hours ago
Swedish top diplomat slams Left for supporting ‘terrorists’ - rt

Swedish top diplomat slams Left for supporting ‘terrorists’

Swedish Foreign Minister Ann Linde has condemned a leftist party for its “unacceptable” flying of a Kurdish “terrorist” group’s flag
rt - 7 hours ago
Dad Helped Highland Park Suspect Buy Gun Even After Threat to ‘Kill Everyone’ - vice

Dad Helped Highland Park Suspect Buy Gun Even After Threat to ‘Kill Everyone’

Police also returned a collection knives to the family home after the alleged shooter's father said they belonged to him.
vice - 7 hours ago
US lawmaker twerks in campaign video - rt

US lawmaker twerks in campaign video

Rhode Island State Senator Tiara Mack has caused controversy by releasing a video of her ‘twerking’ for votes
rt - 9 hours ago
Violent protests erupt over demands of EU neighbor (VIDEOS) - rt

Violent protests erupt over demands of EU neighbor (VIDEOS)

Some 50 police officers were injured during violent protests in North Macedonia triggered by a looming deal with Bulgaria
rt - 9 hours ago
Cheeky seagull divebombs couple on seafront and pinches their chips - metro

Cheeky seagull divebombs couple on seafront and pinches their chips

It's not the first time Lyme Regis' seagulls have pinched people's chips.
metro - 9 hours ago
UK conservatives plot move against PM – Bloomberg - rt

UK conservatives plot move against PM – Bloomberg

MPs are set to challenge Boris Johnson’s leadership in a potential no-confidence vote next week, Bloomberg reports
rt - 9 hours ago
US-Mexico border is world’s deadliest – UN - rt

US-Mexico border is world’s deadliest – UN

The US-Mexico border is the world’s deadliest land migration route, a UN study has claimed
rt - 10 hours ago
EU member explains why it’s not sending arms to Ukraine - rt

EU member explains why it’s not sending arms to Ukraine

Hungary declined to support Kiev with weapons to avoid getting embroiled in the conflict, the nation’s FM told CNN
rt - 10 hours ago
Details emerge on Copenhagen mass shooter - rt

Details emerge on Copenhagen mass shooter

Hours before a shooting in a Copenhagen mall, the gunman reached out for help, but in vain, Danish media reports
rt - 11 hours ago
Ukrainian air defense benefits from Western intel – Kiev - rt

Ukrainian air defense benefits from Western intel – Kiev

An aide to the Ukrainian president claims Western intelligence is helping Ukrainian air defense forces shoot down Russian missiles
rt - 12 hours ago
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rt
Fed chief at odds with Biden over cause of US inflation

Fed chief at odds with Biden over cause of US inflation

rt - 1 week ago

Russias military operation in Ukraine is not the primary driver, Jerome Powell told lawmakers

The chairman of the US Federal Reserve has rejected the White House’s assertion that soaring inflation in the country is mostly being driven by the crisis in Ukraine. During a Senate hearing on Wednesday, Jerome Powell pointed out that inflation was high even before Russia attacked its neighboring state.

He was responding to a question from Senator Bill Hagerty of Tennessee, who said the situation with prices in the US had many driving factors, including “supply-chain disruptions, regulations that constrain supply… rising inflation expectations, and excessive fiscal spending.”

He then asked if Powell agreed with the Biden administration that the situation in Ukraine was the most influential factor, considering the dynamics of inflation over the past 18 months.

“No, inflation was high… before the war in Ukraine broke out,” the Fed chief said.

Since Russia attacked Ukraine in late February, the White House has repeatedly blamed Russian President Vladimir Putin for causing inflation in the US. It even coined the term “Putin’s price hike.”

“We know that 61% of [recent inflation] is driven by the price – by energy costs, by Putin’s invasion into Ukraine,” Jen Psaki, who was the White House press secretary at the time, told reporters in late April.

Last Sunday, the White House tweeted that the situation in Ukraine was “the biggest single driver of inflation” in the country. Senator Hagerty described this as “misinformation” and said in his exchange with Powell that it was an attempt to deflect blame.

Later in the day, Secretary of Energy Jennifer Granholm was asked about Powell’s response during a press conference. “Most would say that the price of fuel has exacerbated inflation,” she said, claiming that the war in Ukraine had increased prices by diminishing supply.

Russia attacked its neighboring state in late February, following Ukraine’s failure to implement the terms of the Minsk agreements, first signed in 2014, and Moscow’s eventual recognition of the Donbass republics of Donetsk and Lugansk. The German- and French-brokered protocol was designed to give the breakaway regions special status within the Ukrainian state.

The Kremlin has since demanded that Ukraine officially declare itself a neutral country that will never join the US-led NATO military bloc. Kiev insists the Russian offensive was completely unprovoked and has denied claims it was planning to retake the two republics by force.

sauce: rt
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