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CNN acted as an echo chamber for Federal Reserve Chairman Jerome Powell as he tried to spin that “profound challenges” to the global economy are coming due to climate change.
CNN Business Lead Writer Matt Egan’s pro-Powell story led with a puff headline: “Fed chair Powell warns of profound challenges posed by climate change.” Egan propagandized that Powell “acknowledged serious risks the climate crisis poses to the world economy and called for a coordinated response that is led in the United States by elected officials.” Powell reportedly told the climate-obsessed Green Swan Conference June 4: “‘There is no doubt that climate change poses profound challenges for the global economy and certainly the financial system.’”
This month, New York’s loss was New Jersey s gain. For the first time ever, on Sunday June 6, Bergen County.
The presence of an Arab political party in the new coalition that is set to oust Prime Minister Benjamin Netanyahu after 12 consecutive years in power is highly controversial. Critics of the so-called “government of change” assert that Ra’am’s presence is a danger to the country’s security.
The case for this critique is not insubstantial. Ra’am is a party that is avowedly Islamist and, at least until now, ideologically connected to the Muslim Brotherhood, the terror-supporting Egyptian-based movement that is also the godfather of the Hamas terrorist group. Its platform is openly anti-Zionist, opposing the existence of a Jewish state no matter where its borders might be drawn and supporting the so-called “right of return” for the descendants of 1948 Arab refugees.
MORNING BID-Everyone stop, it s payrolls Friday Reuters 1 hr ago
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All important U.S. non-farm payrolls data is the main event for markets on Friday, as investors look for more evidence about how the economic recovery is boosting employment and potentially inflation.
Stock markets headed lower at the end of the week as traders worried better-than-expected employment data overnight raised expectations for a strong reading for the May nonfarm payrolls report, while a measure of service sector activity climbed to a record high.
The consensus forecast for the data, due at 1230 GMT, is for about 650,000 jobs to have been added in May, though the whisper number among traders is closer to 800,000.