Independent Senator Bernie Sanders says the Federal Reserve System, which is the central banking system of the United States, is “hurting” the economy more than helping it.
The Federal Reserve was created when the US central bank was privatized through the US Federal Reserve Act of 1913. The Fed has been raising interest rates to try to tamp down inflation in the US.
Asked whether the Federal Reserve’s recent actions have helped or hurt the economy, Sanders told NBC on Sunday, “That’s not what we should be doing.”
“It is wrong to be saying that the way we’re going to deal with inflation is by lowering wages and increasing unemployment,” Sanders said.
Raising concern about inflation, the independent senator said “at a time when working families are struggling and the people on top are doing phenomenally well … you don’t go after working people.”
Federal Reserve Chair Jerome Powell has acknowledged the hikes could cause more unemployment and even lead to recession......More Here---->
Ghana is interested in purchasing a floating nuclear power plant from Russia, Ghanaian Ambassador to Russian Koma Steem Jehu-Appiah told Sputnik.
"I know that our minister of energy was here last year and signed a corresponding agreement. I think this is innovative, and in a conversation with the minister of energy, he said that the country is interested.
So, Ghana could purchase such a nuclear power plant," the diplomat said when asked about the possibility of Ghana purchasing a floating nuclear power plant.
Russia and Ghana began cooperation in the field of nuclear energy after signing an intergovernmental agreement in 2015.
The agreement outlined plans for joint work in the areas of training specialists, building nuclear power plants and related infrastructure, and providing maintenance services. In October 2023, representatives of Rosatom met with the Ghanaian Ministry of Energy in Cape Town. At the meeting, Russia proposed using floating nuclear power plants to supply power to ...
