Project DYNAMO , a nonprofit rescue organization based in Tampa, Florida, announced on Monday it was able to evacuate 23 American citizens and lawful permanent U.S. residents from Afghanistan, with no assistance from the U.S. State Department. “The actions of a forward-staged Project DYNAMO team, led by Bryan Stern and Abdul Wasit, both combat veterans, resulted in the safe return of four American citizens and 19 lawful permanent residents of the U.S. – 11 of whom were children as young as four years old,” the group said in a press release on Monday. Courtesy of Project DYNAMO According to Project DYNAMO, the evacuees met at an “undisclosed location near the capital city of Kabul on Thursday.” They were all given coronavirus vaccinations and PCR tests in addition to food and water. The evacuees were then “quietly bussed to Kabul International Airport” early Friday morning and flown to the United Arab Emirates (UAE). After an overnight layover, they flew to … [Read more...] about Veterans Group Rescues 23 More Abandoned by Biden in Afghanistan
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LONDON — Trucks began boarding ferries in Dover on Thursday to cross the English Channel for the first time in four days, a step toward ending a thousands-deep traffic jam that piled up at the border after France banned crossings from Britain to limit the spread of a coronavirus variant. Sea, rail and air routes had been reopened more than 24 hours earlier , after London agreed to conduct virus tests for the drivers, but the backlog only began to clear on Thursday after the British authorities set up screening and started clearing the healthy to travel. Members of the British military were dispatched to help test the thousands of drivers, who must show proof of a negative coronavirus test before being allowed to board ferries to France. The magnitude of the task meant that movement remained slow on Thursday morning. It could take days to fully clear the logjam, officials said, meaning that many drivers were unlikely to make it home for Christmas Day. Although the … [Read more...] about Trucks Stuck at U.K. Port Begin Moving, but Many Face a Roadside Christmas
As America’s central bank, the Federal Reserve has a legal mandate to foster maximum employment and price stability. Over the past year, however, the Fed has watched passively as the unemployment rate has plummeted and inflation has surged upwards. Even if the Fed starts raising interest rates above zero and engages in a few quarter-point hikes this year, monetary policy will remain extraordinarily accommodative. Unfortunately, the Fed has already fallen far behind the curve in responding to inflation developments. While economists have plenty of disagreements, there is practically unanimous agreement that the stance of monetary policy should be assessed in terms of the inflation-adjusted interest rate — that is, the difference between the actual federal funds rate and the underlying trend of inflation. In fact, this measure is such a fundamental concept that economists refer to the inflation-adjusted interest rate as the “real interest rate.” ADVERTISEMENT The Fed held … [Read more...] about Will the Fed repeat the mistakes of the Great Inflation?