Ouch. Inflation Is Jeff Bezos Slams Biden Appeal To Lower Fuel Rates

in news •  2 years ago 

1.New York

Amazon founder Jeff Bezos criticised President Joe Biden's call for oil companies to lower skyrocketing gasoline prices. This prompted the White House to defend the US leader on Sunday. And do it immediately." Biden said. Bezos claimed that Biden's comments were either "straight ahead misdirection" or "deep misunderstanding of basic market dynamics." Ouch This is not "basic market dynamics." It's a market failing the American consumer," she wrote. Gasoline prices have risen to $5 per gallon since June, an unprecedented level in this car-crazy country. Although prices have dropped slightly, they are still far below the $3 per gallon level of last year. John Kirby, White House spokesperson on national security issues, also spoke out for the president Sunday on Fox News. He cited Biden’s proposal to suspend the federal gasoline tax this summer -- which would require congressional approval -- and his decision not to tap the US strategic oils reserves to increase product availability. While he knows it won't solve all problems, it will be a step in the right direction if everyone cooperates. Kirby stated that we could lower the price at least by one dollar per gallon.
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https://worldinformationblog01.blogspot.com/2022/08/ouch-inflation-is-jeff-bezos-slams.html

2.Jeff Bezos visited Buckingham Palace, and dined at Tom Cruise's London restaurant during a visit.

According to The Sun newspaper, Jeff Bezos visited Buckingham Palace, where he dined with actor Tom Cruise during a trip to London. The tour cost $109 per ticket. A source said that The Sun was being called a "shopping trip" by Palace staff. The Throne Room and Ballroom were particularly interesting to him. According to a source, the billionaire was moved from one room to another discreetly in order to conceal his visit from the rest of the day's visitors. Bezos then went to dinner at The Twenty Two hotel in Mayfair along with Lauren Sanchez and Tom Cruise, Top Gun and Mission Impossible stars.

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