The G7 countries will impose sanctions against those involved in the export of grain from the territory of Ukraine, the White House announced in a note on further measures of the Joe Biden administration in relation to Russia.

"G7 Leaders will decide to impose sanctions on those responsible for human rights abuses - including war crimes, exercising illegitimate authority in Ukraine, and involved in Russia’s tactics to steal Ukrainian grain," the document says.

The announced measures were timed to coincide to the G7 summit which is under way in Germany.

The global energy crisis has resulted in a spasm of energy realism and plain talk. Last week, Vaclav Bartuška, the Czech Ambassador-at-Large for energy security, told a group of reporters that “If there is a gas cut out this winter, we will burn anything we can to keep our people warm and to make electricity.”


Continuing to do the same action and expecting different results is the Einsteinian definition of insanity... but that hasn't stopped the Biden administration in the case of its attack of his oil/gas prices.

This morning, despite DOE's servers being reportedly fried, they managed to report that the US released 6.9 million barrels of crude from its Strategic Petroleum Reserve (SPR) last week (~985,000 b/d).

President Biden and G7 leaders pledged $600bln to a new global infrastructure project for emerging market economies to counter the Chinese regime's Belt and Road initiative


The campaign to waive student loan debt continues to be a critical debate in the United States. Supporters of this policy argue that loan forgiveness will make people’s lives better and provide more opportunities, while opponents have said the policy is tantamount to fool’s gold.

A new bill would extend the Federal Reserve’s mandate to promote “racial and economic justice,” prompting concerns as to whether this would lead to discrimination.

“H.R. 2543 would expand the Federal Reserve’s existing dual mandate of maintaining price stability and full employment to focus on promoting “racial and economic justice in borrowing, housing, and lending,” reports Valiant News.