The Daily Populous

Tuesday July 12nd, 2022 night edition

image for The euro and the dollar are under half a penny away from parity for the first time in 20 years

New York (CNN Business) For the first time in 20 years, the exchange rate between the euro (EUU) and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.

The euro hovered around $1.004 on Monday afternoon, down about 12% since the start of the year.

Fears of recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia's invasion of Ukraine.

before the war, is attempting to reduce its dependence on Russian oil and gas.

The European Union, which received roughly 40% of its gas through Russian pipelines before the war, is attempting to reduce its dependence on Russian oil and gas.

Now that critical piece of gas import infrastructure in Europe, has been shut down for scheduled maintenance due to last 10 days.

The ECB announced that it will hike interest rates this month for the first time since 2011, as the eurozone inflation rate sits at 8.6%. »

'A 'Wow' moment': US renewable energy hit record 28% in April. What's driving the change?

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The amount of electricity generated by renewable resources hit a record 28% in April, a breakthrough number that shows how important renewable energy has become in U.S. energy markets.

"It's a 'Wow' moment," said Peter Kelly-Detwiler, an energy analyst and author of "The Energy Switch," a recent book about the transition to a carbon-free energy economy.

Those numbers were released this week by the U.S. Energy Information Administration, which tracks energy data for the nation. »

Confusion over Uvalde response extends into questions over release of surveillance video

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Texas Department of Public Safety Director Steve McCraw characterized the police response as "an abject failure” during testimony before a Texas Senate panel last month, raising the stakes for officials to release video footage.

Busbee has said that releasing footage could hinder her ongoing probe into whether the shooting warrants any criminal charges.

Over the weekend, Uvalde Mayor Don McLaughlin accused Busbee of misleading family members about McLaughlin's support for releasing certain footage showing the police response during the rampage. »

How a Woman Using Her Fetus to Fight a Traffic Ticket Could Affect Abortion Rights

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But while the ticket points out the absurdity of “fetal personhood” as a concept, accepting that premise could ultimately do more harm than good.

She is a person,’” Bottone told the Morning News, citing the decision to overturn Roe v. Wade, which effectively ended legal abortions in Texas.

“And naturally, if the child is a human being, they’re not going to be subject to abortion. »

Many Republicans secretly tell Liz Cheney they support her but won't say it in public for fear of Trump, a new book says

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Cheney is one of few Republicans to oppose Trump, earning his wrath in the process.

Republican lawmakers privately support to Rep. Liz Cheney but refuse to do so in public for fear of former President Donald Trump, according to extracts from a new book.

The book is devoted to exploring Trump's circle, and alleges that many people who support him in public are hypocrites who privately dislike him. »