Sanctions did not change Russian policy but hurt German businesses – Bundestag member
“There is no effect of these sanctions. We have had them for five years and there is no change in Russian policy,” he said in an interview with German news radio Deutschlandfunk.“If you prescribe a medicine and you notice that the effect of this medicine is missing, and on the contrary, it is rather harmful, including for the German companies, then you have to think at some point that maybe it’s the wrong medicine,” he explained. Also on rt.com Sanctions on Russia can be lifted ‘at any time’ – French PM The German politician pointed out that, as a result of the sanctions, Russia had reoriented towards China, with the two countries significantly improving their trade relations.Meanwhile, trade between Germany and Russia has decreased, … [READ MORE...]
Netflix Stock Tumbles as U.S. Subscribers Decrease After Price Increases
Globally, Netflix is most likely the largest streaming business, with more than 151 million subscribers. Its future growth will largely come outside the United States, with India representing its best opportunity. Netflix has given up on entering the Chinese market after difficulties with regulators there.The company’s dominance has prompted more established media giants to embark on streaming services of their own. ATT, which acquired HBO and Turner Broadcasting as part of its $85.4 billion purchase of Time Warner last year, announced plans this month for a streaming service — HBO Max — that will start next year.The Walt Disney Company will also go big on streaming, with plans to fill an expansive new streaming product, Disney Plus, with franchises like “The Avengers” and “Star Wars.” It … [READ MORE...]
Is Cold Brew Better Than Iced Coffee?
“I’ve seen this statistic a lot,” she said in reference to a oft-quoted claim that cold brew is 70 percent less acidic than regular iced coffee. “But I don’t see any scientific data to support this claim,” directing me to a study that shows “comparable” pH values from cold- and hot-brew samples, “ranging from 4.85 to 5.13.” For comparison’s sake, the stomach’s pH hovers somewhere between 1.5 and 3.5.Does cold-brewed coffee have more caffeine? Wading through the world of cold brew coffee can be a brutal game of trial and error. Thanks to the wide range of brewing methods, the difference in caffeine content among cold brews is considerably harder to predict than the amount of acid. After brewing for 20 hours, 16 ounces of cold brew at Starbucks contains 200 milligrams of caffeine (12 … [READ MORE...]
Latest News
Fact-Checking Trump’s Tweet About Too-High Interest Rates
President Trump has made a regular habit of criticizing the Federal Reserve, and on Friday he tweeted that the central bank’s “faulty” decision-making was causing Americans to pay higher interest rates than other nations.The Federal Reserve is supposed to keep the economy growing at a steady pace. Mr. Trump nominated its chair, Jerome H. Powell, and three of its other four sitting governors, but those leaders are confirmed by the Senate and operate independently of the White House. And Mr. Trump … [Read More...]
Foreign-Owned Banks’ Results Could Sweeten Further Under Tax Law
Those banks received what many analysts saw as a break from Treasury in December, when it issued preliminary regulations governing the BEAT, which is part of the tax law’s overhaul of how the United States taxes companies that operate in more than one country. That overhaul has taken a political and public-opinion back seat to the corporate rate cut and changes in individual taxes, but it has drawn intense activity from business lobbyists seeking to shape the new rules to minimize their tax … [Read More...]
The Economy Looks Solid, but the Fed Plans to Cut Rates Anyway. Here’s Why.
At times in the last several years, traditional measures of the American economy suggested that it was reaching full health and that interest rate increases might be justified to prevent inflation. But when the Fed’s policies diverge too much from those of its counterparts around the world, it causes the dollar to rise, financial conditions to seize up and overseas economies to slow, in turn endangering the United States economy.This happened to varying degrees in 2013, when the Fed under Ben … [Read More...]
Trump to Nominate Eugene Scalia for Labor Secretary Job
Mr. Scalia, 55, was nominated by Mr. Bush in 2001 to serve as solicitor of the department, but was never confirmed by the Senate, which was controlled by Democrats at the time. Much of the fear about Mr. Scalia’s nomination was based on his opposition to a Clinton administration regulation that would have protected workers from repetitive stress injuries, which became known as the ergonomics rule. Mr. Scalia had weighed in frequently against the rule, deriding the rationale for it as “unreliable … [Read More...]
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Small Business
Is Cold Brew Better Than Iced Coffee?
“I’ve seen this statistic a lot,” she said in reference to a oft-quoted claim that cold brew is 70 percent less acidic than regular iced coffee. “But I don’t see any scientific data to support this claim,” directing me to a study that shows “comparable” pH values from cold- and hot-brew samples, “ranging from 4.85 to 5.13.” For comparison’s sake, the stomach’s pH hovers somewhere between 1.5 and … [Read More...]
Instagram Therapists Are the New Instagram Poets
Instagram therapists are the new Instagram poets, in a way — only instead of posting free verse in typewriter font, they deal in pithy pronouncements about embracing imperfection, self-care, “growth mindset,” mothering oneself, impostor syndrome and trauma. The digital words of accounts like @thefatsextherapist, @nedratawwab and @the.holistic.psychologist are meant to encapsulate the “aha” moment … [Read More...]
Your Money
Mellody Hobson of Ariel Investments: ‘Capitalism Needs to Work for Everyone’
We were kids, but we were put through some pretty horrific exercises. We had a teacher once in seventh grade who ripped out pages of the phone book and told us to memorize the name, address and phone numbers of one column. It was literally to teach our brains how to find mnemonics to memorize, and it ended up being a great gift.In eighth grade, one of our teachers gave us all rubber bands. She … [Read More...]
How to Stay Financially Stable When the World Might Be Falling Apart
Unfortunately, rising markets aren’t necessarily great indicators of a healthy economy. After Jerome H. Powell, the Federal Reserve chair, suggested this month that the Fed would cut interest rates, the stock market hit new highs. That buoyed investments, but signs of slowing economic growth persisted, as did the fear that it may be too late to stave off another recession. And though traders have … [Read More...]