‘There Should Be Consequences for It’: Ocasio-Cortez Slams Big Oil Price Gouging

Echoing her fellow “Squad” member, Rep. Ilhan Omar (D-Minn.) said that “Big Oil CEOs need to be held accountable for profiteering.” Rep. Alexandria Ocasio-Cortez on Monday took aim at corporate profiteers, calling for “consequences” for those who price gouge under the pretext of record inflation and international crises. Responding to a tweet from MSNBC host Stephanie Ruhle, who

Turkish lira in historic 15% crash after Erdogan stokes fire sale

Lira has shed 45% vs dollar this year, worst in world Central bank has slashed policy rate 400 points since Sept Turks say household budgets, future plans in turmoil Ex-central banker calls for end to ‘irrational experiment’ Erdogan insists tighter policy will not lower inflation Turkey’s lira nose-dived 15% on Tuesday in its second-worst day