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Friday, July 1, 2022

G7 summit kicks off under shadow of Ukraine war, stagflation risk

Schloss Elmau (The Times Groupe)- The German Chancellor Olaf Scholz will welcome leaders from the Group of Seven rich democracies to the Bavarian Alps on Sunday for a three-day summit overshadowed by the war in Ukraine and its far-reaching consequences.

The central banks worldwide struggle to tame high inflation

New York (The Times Groupe)- In the midst of the ongoing Russia-Ukraine war, an increase in energy and food prices, and other issues, central banks are looking for ways to escape the high inflation swamp.

Turkey re-considers death penalty

Istanbul (The Times Groupe)- Following President Tayyip Erdogan's mention of the death penalty in connection with this week's wildfires, Turkey will reconsider a 2004 decision to abolish capital punishment.

James Comer calls Hunter Biden ‘a national security threat’

PoliticsJames Comer calls Hunter Biden 'a national security threat'

Washington (Times Of Ocean)- “We’re going to focus on Hunter Biden, not for political reasons, but because we feel he’s a national security threat,” says Rep. James Comer, R-Ky.
James Comer warns, however, that a Justice Department indictment would almost certainly turn Hunter Biden into a scapegoat for ignoring a congressional subpoena.
Hunter Biden reportedly has had financial ties to Russia and Ukraine – two countries at war – and China, a superpower that backs Russia.
“We’re going to focus on Hunter Biden not for political reasons, but because we feel he’s a national security threat,” James Comer underlined.
Further, the issue of the Biden laptop during the 2020 Presidential election, the ensuing censorship by Big Tech, and the denials by Democrats that it is a Russian disinformation campaign continue to be political flashpoints.
Rep. James Comer, R-Ky., the prospective chair of that panel, says they will be all over Hunter Biden if Republicans gain control of the House in November 2022.
Republicans are now lining up to potentially investigate Hunter Biden’s foreign business deals as retaliation for which Democrats already used the entire administration of former US President Donald Trump to investigate him.
Republican Party (GOP) is already lining up Hunter Biden’s oversight if it gets the gavels.
“I know the grand jury is looking now, but I think there’s a real need to understand what was always said, what other countries are paying him in the process,” House Minority Leader Kevin McCarthy, R-Calif., told Politico. “I think it is definitely something we should look at.”
“Even media bias does not possibly cover the unanimous decision of all corporate media to spike this story,” Rep. Dan Bishop, R-N.C., told Politico. “The American people will never get the square story from this American media.”
“They will get the story only if a majority-Republican Congress uncovers it, otherwise it’ll disappear forever.”
Rep. Don Bacon, R-Neb emphasizes if Trump children did what Hunter Biden did, the story would be completely different and far more hyperbolic in the media.
If Trump’s children did what Hunter Biden did, the story would be completely different and far more hyperbolic in the media, stated Rep. Don Bacon, R-Neb.
“To me, a lot of mainstream media refused to cover it and now suddenly it’s legitimate,” Bacon told Politico. “If that had been a Trump kid, I guarantee you that there would have been 24/7 news coverage on that.”

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