politics
Political figures, histories, and current events in the whole scope of modern and past politics. Work place politics.
Why is everything getting Expensive
"On my way to the grocery store mentally preparing myself... for the sticker shock. Here we are. Wish me luck. Got my diapers. It might be something else for you. For me, diapers are really where I notice inflation the most. One of the things that's interesting about this particular period of inflation that we're in is this is a worldwide phenomenon. My question is about inflation. What is the real cause? Is it just COVID or do we have others to blame? Thank you. Diapers in the US, food and fuel with education in Nigeria, and home prices in India. What caused all this inflation? And is there something we can do about it? If you watch cable news in the US, you will see one explanation for inflation that gets a lot of attention. "Still too much money, chasing too few goods." Too much money chasing too few goods. Say I have a car dealership. Today, we're in a global pandemic. Factories are shutting down periodically and I'm just not able to keep as many cars on my lap. My inventory is low. But at the same time, I have customers willing to spend money on my cars. My inventory starts to dwindle, and now there are more customers than there are cars. So I can just increase the price. Too much money chasing too few goods. Economists like this guy, Larry Summers he's been sounding the alarm bell about this kind of inflation from the beginning. "I am much more worried that we'll have inflation." "This is the... least responsible macroeconomic policies we've had in the last 40 years." He is talking about those pandemic relief checks. Before we can figure out if Larry Summers is right we need to take a closer look at exactly how inflation is measured in the first place. Once a month, the US Bureau of Labor Statistics puts together what it calls a market basket. These data are specific to the US but you can find similar numbers around the world.
By Opeyemi Alabi2 years ago in Journal
Ukrainian Drone Attack in Moscow
Tensions between Ukraine and Russia reached a boiling point with a recent shocking incident in Moscow. An audacious Ukrainian drone attack targeted the city's bustling international airport, inflicting damage on two office buildings nearby and injuring one person.
By Irfan Mustafa2 years ago in Journal
Lack of Transparency in Green Premium Finance - South Korea
Transitioning to renewable energy sources is a critical step in combatting climate change and ensuring a sustainable future. Initiatives like the K-RE100 plan gain traction as businesses embrace environmental responsibility.
By Erik Roelans2 years ago in Journal
Worldcoin's Audit Reports: Unveiling Resolved Security Issues and Ensuring Trust in the Cryptocurrency Space
Introduction Cryptocurrencies have revolutionized the financial landscape, offering decentralized and secure alternatives to traditional currencies. However, their growing popularity has also attracted malicious actors seeking to exploit vulnerabilities in these digital assets. In this context, Worldcoin, a prominent cryptocurrency, has taken a proactive approach by commissioning thorough audit reports of its security measures. This article delves into the significance of Worldcoin's audit reports, examining the resolved security issues and the impact of transparent reporting on fostering trust in the cryptocurrency space.
By Anthony Gatimu2 years ago in Journal
Putin Promises Grains and Debt Write-Off as Russia Seeks Allies in Africa
Introduction In recent years, Russia has been intensifying its efforts to forge stronger ties with African nations. This shift in focus is part of a broader strategy to expand its geopolitical influence and economic presence beyond traditional spheres. To achieve this, President Vladimir Putin has been offering various incentives, such as promises of grains and debt write-offs, to entice African nations into closer partnerships. This article explores the motivations behind Russia's engagement in Africa, analyzes the potential benefits and challenges for African countries, and examines the implications of this economic diplomacy on the continent's development.
By Anthony Gatimu2 years ago in Journal
Mitch McConnell, Top US Senate Republican, Commits to Remain in Post Beyond 2024 Election
In a significant announcement today, Senate Majority Leader Mitch McConnell has affirmed his decision to continue serving in his esteemed role as the Top US Senate Republican for the foreseeable future, indicating his commitment to lead through and beyond the 2024 election. This decision comes as a relief to many within the party who have valued his steady leadership and vast experience in the political landscape.
By Abhijeet Raj Keshari2 years ago in Journal
Manipur's Tale of Turmoil: Unraveling the Roots of Conflict
Introduction: Hello world! If you're wondering about the ongoing events in Manipur and the reasons behind the conflict, you've come to the right place. As a beginner in writing, I'll do my best to provide you with the essential details to understand this complex situation. Let's dive into the story of Manipur and uncover the truth behind the chaos.
By Bhawarth S. Saraswat2 years ago in Journal
The Evolving Geopolitics of Africa-Russia Relations
Introduction: In recent years, the geopolitical landscape has witnessed a noticeable shift as Russia seeks to strengthen its ties with African nations through various diplomatic initiatives. One such significant event that has drawn international attention is the Africa-Russia summit. This summit serves as a platform for both Russia and African countries to explore avenues of cooperation, discuss economic partnerships, and address shared security concerns. However, amid the backdrop of the ongoing Russo-Ukrainian war, the world closely scrutinizes Russia's increasing involvement in Africa and its potential implications for regional stability and global geopolitics.
By Décio António Benjamim Verão2 years ago in Journal
The Main Steps in the Accounting Cycle
Bookkeeping fills in as the foundation of each and every fruitful business, giving a methodical way to deal with record, sum up, and decipher monetary exchanges. The bookkeeping cycle, a key interaction followed by organizations, guarantees that monetary information is gathered, coordinated, and introduced precisely, empowering associations to settle on informed choices and keep areas of strength for a position. In this blog, we will dive into each step of the bookkeeping cycle, clarifying its significance and the job it plays in the in general monetary administration of an organization.
By Mahnoor Malik2 years ago in Journal
How Inferior Training Is Plaguing the Russian Air Force
Modern warfare necessitates the seamless integration of multiple elements, each contributing to the cohesive operation of the combat force. Well-trained troops, equipped with the right gear and led by competent officers, form the foundation of any effective military force. Additionally, a strong support infrastructure, including tanks, armored vehicles, air defense missiles, and reconnaissance capabilities, is vital for successful combat operations. In this context, the air force plays a pivotal role, offering unparalleled flexibility to interdict, strike, and neutralize enemy targets. However, the lack of a viable air force dominance has proven to be a significant challenge for Russia in its invasion of Ukraine. Despite having more advanced aircraft, such as the Su-35, the Russian air force has suffered substantial losses, mainly due to inferior training and experience of its pilots.
By Ally Allany2 years ago in Journal
