Friday, November 15

Author: Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.
A Week Before The Election, Biden Asks Big Oil To ‘Share The Wealth’
2Nov By Patti MohrNo Comments
Energy Policy, Oil & Gas, Types of News: Brief, United States

A Week Before The Election, Biden Asks Big Oil To ‘Share The Wealth’

November 1, 2022—A week away from the U.S. Midterm elections, inflation is grabbing the attention of voters and politicians alike. As Republicans play up the impact of rising prices and pin the blame on their opponents, Democrats point the finger at companies benefiting from higher prices. It doesn't take long for the focus to fall on energy companies, specifically those earning profit from the high price of oil on global markets. That's precisely the play President Joe Biden pulled from his playbook on Monday. "In a difficult time, Americans across the country have stepped up, and they — to do the right thing. But not everyone has stepped up," Biden said. "The oil industry has not — has not met its commitment to invest in America and support the American people. One by one, major o...
Read More
Musk’s $8 Twitter Pay Plan
2Nov By Patti MohrNo Comments
Big Tech, Digital Economy, Types of News: Brief

Musk’s $8 Twitter Pay Plan

November 2, 2022—As the new owner and head of the world's social media gathering place, Elon Musk has a plan to make it a little less free. That is, he intends to charge $8 a month to Twitter users who want validation backing their accounts that they are legitimate. The validation would come from a blue check mark next to their names and handle. Moreover, that check mark could come with the privileges, such as priority in receiving replies, mentions, and search rankings, the ability to post long videos and audio, and half as many ads. Revenue the company receives from charging the fee could help Twitter reward the content creators, Musk said. Here he is discussing his vision in an archived video released today. Are you buying in? See video here. https://video.twimg.c...
Read More
Migrant Workers At U.S. Military Bases Face Forced To Stay By Private Contractors
31Oct By Patti MohrNo Comments
Arms Sales, Military Industry, Human rights, Migration, Immigration, Borders, Types of News: Brief

Migrant Workers At U.S. Military Bases Face Forced To Stay By Private Contractors

Photo NBC Complaints Of Forced Labor Linger While Private Firms Continue To Win U.S. Contracts October 31, 2022—In an irony of ironies, the U.S. government opposes to human trafficking and forced labor at the same time that its Defense Department hires private contractors that routinely conducting those practices.  Migrant civilians working on U.S. military bases in the Persian Gulf are subject to trafficking and abusive labor practices, according to a groundbreaking investigation conducted by a team of international journalists. The team included investigative reporters from the Washington Post, NBC News, the International Consortium of Investigative Journalists, and Arab Reporters for Investigative Journalists to uncover the story. Their findings came to light late last...
Read More
Musk’s Challenge Is Living Up To The Promise
27Oct By Patti MohrNo Comments
Big Tech, Digital Economy, Types of News: Brief

Musk’s Challenge Is Living Up To The Promise

Innovator Says That, Unlike Traditional Media, Twitter Won't Cater To Polarizing Extremes Elon Musk meets with Twitter staff ahead of the purchase. Photo: Walter Isaacson October 27, 2022—A day ahead of closing a $44 billion deal to buy one of the world's largest social media platforms, Elon Musk said he is acquiring Twitter to empower citizen journalism and make it a place where people from various views can come together to conduct health debate. Twitter is one of the world's most popular social media sites. While it is well behind Meta's Facebook and Instagram, Google's YouTube, TikTok, WeChat, and Telegram in terms of users, it boasts of strong engagement among its monthly average users of around 436 million people. Musk is known for his innovation, leadership, and tough ma...
Read More
Interpol Embraces The Metaverse
21Oct By Patti MohrNo Comments
Big Tech, Digital Economy, Corruption, Bribes, Illicit Finance & Money Laundering, Types of News: Bit

Interpol Embraces The Metaverse

Interpol launched its version of a Metaverse platform in New Delhi, Indian on October 20, 2022. International Policing Agency Plans To Target Financial And Cyber-based Crimes October 21, 2022—Interpol, an international organization that trains and serves as a coordination hub for its 194 members, is embracing the Metaverse. The agency announced today it is now part of the Metaverse, where humans become avatars interacting in a make-believe digital world. The agency plans to use its Metaverse creation to train police worldwide and provide an alternative way for officers to meet each other. "As the number of Metaverse users grows and the technology further develops, the list of possible crimes will only expand to potentially include crimes against children, data theft, money laun...
Read More
For All The Fuss With Truss, It’s Over
20Oct By Patti MohrNo Comments
Currency, Debt, National Budgets & Interest Rates, Domestic Politics, Types of News: Brief

For All The Fuss With Truss, It’s Over

Proposed Deficit Spending Put The British Economy At Risk And Created Turmoil October 20, 2022--British Prime Minister Liz Truss announced today she'll be stepping down next week when her party chooses a new leader. She said she informed King Charles she is resigning as leader of the Conservative Party and head of the country's government. "This will ensure we remain on a path to deliver our fiscal plans and maintain our country’s economic stability and national security," Truss said on Twitter. It's been a bruising time for Truss. She served a total of 44 days after Queen Elizabeth made Truss's appointment to office official before peacefully passing away. As the country buried their beloved queen, an era of British strength faded with her. U.K. Prime Minister Liz Truss resig...
Read More
3 Things That Cross The U.S.-Mexican Border: Drugs, Guns, And Migrants
19Oct By Patti MohrNo Comments
Arms Sales, Military Industry, Corruption, Bribes, Illicit Finance & Money Laundering, Diplomacy, Types of News: Analysis

3 Things That Cross The U.S.-Mexican Border: Drugs, Guns, And Migrants

October 19, 2022—The United States and Mexico have at least three things in common: drugs, guns and migrants. The U.S.-Mexico border is porous, and trafficking of all three runs rampant. In the United States, deadly drugs from the South kill Americans. Conversely, in Mexico, illegal firearms from the North empower cartels and endanger society. Meanwhile, migrants from around the world risk their lives to make it across the border. A Shared Border, Shared Problems Leaders in both governments recognize the problems. Their presidents are making plans to address them. Speaking by phone late Tuesday, U.S. President Joe Biden and Mexican President Andres Manuel López Obrador reviewed plans to improve security along the border, prosecute gun traffickers, reduce illegal migration, ...
Read More
‘We Are At An Inflection Point’ And Technology Is Key
19Oct By Patti MohrNo Comments
Globalization, Global Disintegration, Types of News: Quotes

‘We Are At An Inflection Point’ And Technology Is Key

Secretary of State Antony Blinken met with former Secretary of State Condoleeza Rice while visiting Stanford University and the Silicon Valley on Monday. (Oct. 17, 2022) The Return of Great Power Rivalry In A Post Global World October 19, 2022—U.S. Secretary of State Antony Blinken visited Stanford University and technology firms in the Silicon Valley this week. He said research and development of technology are essential for U.S. interests. "We are at an inflection point. The post-Cold War world has come to an end, and there is an intense competition underway to shape what comes next. And at the heart of that competition is technology."-Secretary of State Antony Blinken visited Stanford University on October 17, 2022 Global Competition 'Back With A Force' Former Secretary o...
Read More
U.S. Treasury Assesses Impact Of Sanctions On Russia
17Oct By Patti MohrNo Comments
Arms Sales, Military Industry, Sanctions, Types of News: Brief

U.S. Treasury Assesses Impact Of Sanctions On Russia

U.S. Government Warns About Secondary Sanctions To People Or Entities Supporting Russia's War October 17, 2022—As Russia has waged war against Ukraine and Ukraine fought back, Western governments have carefully weighed in on the battle through the global financial system. It's a powerful economic coalition that comprises 37 countries. The U.S. government alone issued roughly 1,500 new sanctions and amended 750 more. They target Russia's defense industrial base, the aerospace sector, the microelectronic industry, financial institutions, elites and oligarchs, luxury goods, and oil refining. The sanctions are having an impact on the Russian economy. But is it enough to have an impact strong enough to end the war? Impact of Sanctions On Friday, the U.S. Treasury Department rele...
Read More
EU Advances Bosnia And Herzegovina Membership Request
14Oct By Patti MohrNo Comments
Europe, EU, Eurozone, Geopolitics, Human rights, Types of News: Brief

EU Advances Bosnia And Herzegovina Membership Request

European Commission Demands Candidate Countries Provide Stronger Human Rights Protections October 14, 2022—The European Commission gave the green light to Bosnia and Herzegovina on its candidacy to join the 27-member European Union. The decision, which comes with stipulations, moves to the European Council. EU leaders are aspiring to expand their bloc as a way to spread their perspective on the world stage. Commissioner Olivér Várhelyi called the enlargement policy a "geostrategic investment" in the continent's peace and stability. Candidates for the EU Line Up Ukraine, Moldova, and Georgia are the latest countries to request membership. The bloc already has many countries waiting to get in, including Turkey, Montenegro, Serbia, Albania, and Kosovo. "The Western Balkans are ...
Read More

Contact Us