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Inflation falls: Inflation fell to 5% in the 12 months ended March 31, according to data released this morning by the US Bureau of Labor Statistics. Consumer prices rose just 0.1% in March, down from a 0.4% gain in February. Energy prices fell 3.5% in March. Food prices were unchanged from February.
Trump praises dictators: In an interview with Fox News last night, Donald Trump lavished praise on Russian dictator Vladimir Putin, Chinese dictator Xi Jinping, and North Korean dictator Kim Jong-un, suggesting he’s envious of how bad things are for dictators. Trump praised all of them as very smart, much smarter than President Biden, while ignoring the economic woes they caused their country, their human rights violations, their suppression of freedoms, and their actions for the murders they were responsible for.Trump encourages his followers to embrace the idea of ​​a dictator in charge of America
Biden’s trip to Ireland: President Biden arrived in Belfast, Northern Ireland, starting a four-day tour of Northern Ireland and Ireland. Biden’s visit was centered around the 25th anniversary of the agreement that ended a 30-year struggle between Catholics and Protestants.
Chicago Conference and Closing Ceremony: Democratic officials traveled to Chicago today for talks on the party’s decision to host the 2024 presidential nominating convention in the Windy City. Meanwhile, Walmart announced it would close all four of its Chicago stores. “The simplest explanation is that our Chicago stores have generally been unprofitable since we opened our first store nearly 17 years ago — stores that are losing tens of millions of dollars a year, and in the past five years alone,” Walmart said. , their annual losses almost doubled. Years.”
Stricter emission standards: The U.S. Environmental Protection Agency (EPA) this morning proposed tougher vehicle emissions standards to reduce emissions and speed up the transition to electric vehicles. The EPA said the standard would prevent 10 billion tons of carbon dioxide from being released into the atmosphere and save about 20 billion barrels of oil. EPA Administrator Michael Reagan described the proposal as the most ambitious car and truck pollution standard ever. The proposed emissions standards will take effect for the 2027 model year.
Scott considers presidential run: Republican Senator Tim Scott formed a committee this morning to explore his possible bid for the Republican nomination for president. Scott is from South Carolina. He is the only black Republican to serve in the U.S. Senate.
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