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Venezuela’s economy faces recession in 2023 with subdued aggregate demand
In the first half of 2023, Venezuela’s economy has seen two strong contractions resulting in a 7% drop, as reported by the Venezuelan Finance Observatory (OVF). This suggests the economy has entered a new recessionary phase. Despite increased oil production, the decline is primarily attributed to weakened domestic aggregate demand. Some contributing factors have not […]
DOJ sends response to House GOP on Hunter Biden ‘sweetheart’ plea deal
The Justice Department sent an “initial response” Monday to top House Republicans investigating the failed “sweetheart” plea deal Hunter Biden was offered, while declining to provide any information about the “ongoing investigation and prosecution” or any of the “ongoing negotiations” with counsel for President Biden’s son. House Judiciary Committee Chairman Jim Jordan, House Oversight Committee […]
Democratic Sen. Bob Menendez facing indictment on bribery charges
Democratic New Jersey Sen. Bob Menendez is being charged with bribery offenses in a federal indictment out of the Southern District of New York to be unsealed Friday, prosecutors announced. “A press event will be held today at 11:00 a.m. to announce the unsealing of an indictment charging Robert Menendez, U.S. Senator from New Jersey, […]