US Core Inflation Unaffected by Oil Supply Issues, Says Bentsen
Oil supply problems linked to the Middle East conflict have not impacted core inflation in the United States, which has reached its lowest point in five years. This was stated by Treasury Secretary Jacob Lew on Wednesday.
"We see that this factor has not affected core inflation; instead, it has decreased to 2.4%. This is the lowest figure in five years," Lew told Fox News.
The Secretary acknowledged that the US faced supply challenges due to the conflict. However, he expressed confidence that this phase would be overcome.
Lew also opined that oil prices would decrease, believing the situation would stabilize due to a significant increase in supply volumes.
Previously, Lew mentioned that the US administration was examining the possibility of imposing a full or partial ban on diesel fuel exports, assessing the feasibility of such a step based on domestic refining capabilities.
Fresh materials — Society News
Five Foreign Brands Entered the Russian Market in Nine Months
Five foreign brands launched on the Russian market within the first three quarters of 2026. Among the new names are Austria's Zanier, a Russian-Chinese venture "Polaris | TCL," Armenian restaurant brand IYKYK, and China's Much Fun. Additionally, five international retailers, previously op
Russian Game Developers Gain Global Recognition
Russian game developers are recognized worldwide for their original game mechanics, high-quality technical solutions, and their ability to deliver complete projects. The "Moscow Video Game Export" program, active since 2025, systematically assists Moscow-based studios in securing export c
Russia's Meat Self-Sufficiency Exceeds 100% for Fourth Consecutive Year
Russia has fully provided for its own meat needs for four years in a row. In 2025, the country’s self-sufficiency in meat reached 102.2%, according to Rosstat data analyzed by RIA Novosti. The 100% mark was first surpassed in the modern era in 2020, with 100.1%. Following a slight dip to 99
Iran and Oman Agree on Safe Passage Through Strait of Hormuz
Iran and Oman have reached an agreement regarding safe passage routes through the Strait of Hormuz. Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, stated that details of these agreed-upon routes will be communicated to the relevant international body, as reported by Press TV. The ag
Kyiv Air Raid Alert Declared
Air raid sirens have been declared in Kyiv, as shown by data from the Ukrainian Ministry of Digital Transformation's online map. The alert in the Ukrainian capital began at 23:30 Moscow time. Sirens are also active in parts of Ukraine's Poltava and Chernihiv regio
French Intelligence Mistook Institute for Internet Development for Iran
Arnaud Frilley, director of the Sergei Rachmaninoff Conservatory in Paris and a producer, recounted an incident where French intelligence services interrogated him about supposed ties to Iran. The confusion arose because they mistook the Institute for Internet Development (IRI) for th