Browsing: Joe Biden

U.S. President Joe Biden announced today that his country is sending emergency funds to relief organizations in Libya to assist in ongoing humanitarian aid operations in the wake of catastrophic floods that left thousands dead and missing in the eastern part of the country.

U.S. President Joe Biden is once again tapping into the country’s emergency stockpile of oil as the White House tries to prevent gasoline prices from spiking again, reducing the petroleum reserve to its lowest level in four decades, according to a report by Fox News.

Oil prices tumbled on Wednesday on news of a plan by U.S. President Joe Biden to cut fuel costs for drivers and amid concerns over a potential economic recession after recent central bank rate hikes, which also weighed on equities, Reuters reported.

Italy’s Prime Minister Mario Draghi held talks with U.S. President Joe Biden on the margins of the G20 Summit in Rome yesterday to discuss “the situation of instability in the Mediterranean and in Libya,” according to a statement by Draghi’s office.

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