Since it was seized by Russian forces a year ago, the Zaporizhzhia nuclear power plant in eastern Ukraine has lost external power six times. Following the latest outage, the director general of the International Atomic Energy Agency warned that it is only a matter of time before a disaster occurs. Amy J. Nelson and Chinon Norteman discuss the escalating risks around this facility.
Conventional wisdom would dictate that politicians are rewarded electorally when they allocate a lot of money for their constituents. Though congressional investments are likely to be a substantial boon for local communities, Biden and the Democrats may not necessarily reap political benefits, says Vanessa Williamson.
“Although an expected slowdown in the labor market is anxiety-inducing, a slowdown is necessary to achieve stable inflation. We expect this slowdown to be marked by a temporary and modest increase in the unemployment rate above the level consistent with a sustainable pace of hiring. Viewed in the context of past business cycles, that would comprise a soft-ish landing and would constitute a remarkably swift return to a healthy economy,” write Wendy Edelberg, Lucas Fox, and Isabel Leigh.
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