Page 15 - Michael Strain News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Music, poetry and fire brought the 2023 National Eisteddfod in Llŷn and Eifionydd to a dramatic and spectacular climax.

Seymour Martin Lipset famously began one of his courses by proclaiming that, “a person who knows only one country knows no countries.” Lipset believed that only by looking across different societies can one understand what is either distinctive or unique about one’s own. His student, Francis Fukuyama, later noted that this sentiment was “particularly true for Americans, since the United States was such an outlier in comparison to virtually all other developed democracies.”

Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.

Fitch downgraded the US government's top credit rating Tuesday from AAA to AA+ in a move that provoked widespread response in Washington and across the investing community.

What exactly is a recession? And what's the difference between a recession and a depression? The answer isn't so simple.