The United States will probably enter a recession if oil prices continue to soar and surpass $200 a barrel, Goldman Sachs chief economist Jan Hatzius said on Thursday. “We estimate that it would take a sustained oil price increase to $200 per barrel to produce an income shock similar in magnitude to those that precipitated…
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Two sites associated with WW2-era Nazi collaborators who have been hailed in present-day Ukraine as national heroes were damaged in the western city of Lviv overnight on January 1st. The development was confirmed on Monday by the city’s mayor, Andrey Sadoviy, who attributed the damage to Ukraine’s “national heritage sites” to Russian drone strikes.