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News & Articles By Belle Carter
03/17/2023
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By Belle Carter
Credit Suisse shares surge after record decline – thanks to Swiss central bank’s $54B loan offer
Shares of global investment banking company Credit Suisse surged 19 percent on Thursday, March 16, after the Swiss National Bank (SNB) agreed to loan the bank up to $54 billion. The lifeline was offered to regain the confidence of the second-biggest lender following the collapse of U.S. banks Silicon Valley Bank and Signature Bank. The […]
03/16/2023
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By Belle Carter
Aluminum company Speira closes down German plant
Global aluminum company Speira announced that it will close down its Rheinwerk plant in Germany. According to a Bloomberg report, the closure followed a 50 percent cut in production announced by the company in September 2022. The media outlet added that this serves as “a fresh sign of the damage wrought by an energy crisis that’s […]
03/15/2023
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By Belle Carter
Biden, regulators fail to de-escalate banking sector panic following SVB collapse
Neither regulators nor President Joe Biden were able to stop panic on Monday, March 13, brought about by the collapse of the state-chartered commercial bank Silicon Valley Bank (SVB). Shares of many banks came under extreme pressure with the KBW Bank Index, which tracks the performance of the two dozen largest banks across America, falling by […]
03/10/2023
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By Belle Carter
BlackRock’s green agenda – not the Ukraine invasion – triggered the global energy crisis
Contrary to popular opinion that the Russian attack on Ukraine gave rise to the looming worldwide energy collapse, a strategic risk consultant and best-selling author revealed that the crisis is a long-planned strategy of western corporate and political circles to dismantle industrial economies in the name of a dystopian green agenda. In an article published […]
03/07/2023
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By Belle Carter
WGC report: Central banks extend gold buying streak in preparation for currency uncertainty
The World Gold Council (WGC) reported on March 2 that central bank demand for gold picked up from where it left off in 2022. According to the WGC, there had been an addition of 31 tonnes to the global gold reserves in January. The total, which represents a 16 percent monthly increase, fell comfortably within the 20-to-60-tonne […]
03/07/2023
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By Belle Carter
Dr. Doom warns: Perfect storm of recession, debt crisis and inflation to hit markets
Renowned economist Nouriel “Dr. Doom” Roubini warned the public that a “perfect storm” of recession, debt crisis and out-of-control inflation could hit the markets this year. Roubini has been warning of a stagflationary debt crisis for months already. The looming economic collapse will combine the worst aspects of ’70s-style stagflation and the ’08 debt crisis. “I do believe […]
03/01/2023
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By Belle Carter
HOUSING COLLAPSE: Existing home sales drop for 12th straight month
A survey by the National Association of Realtors (NAR) found that sales of existing homes across the U.S. sank for 12 straight months, for a total decline of 36.9 percent. The results of the survey published in Feb. 21 noted that existing home sales in January 2023 fell to four million, compared to 6.34 million […]
02/28/2023
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By Belle Carter
State legislators would rather resurrect child labor than pay adult workers better
Some states in the United States would rather bring back child labor instead of giving adult workers better pay by introducing legislation that would allow teenagers to join the workforce to fill the growing number of vacant jobs. Business Insider reported that the nation will start permitting children aged 14-17 into the workforce. This is […]
02/22/2023
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By Belle Carter
Internal sources: Apple secretly firing contractors to cut costs despite job security assurances by CEO
Sources from within tech giant Apple disclosed that the company has been quietly axing contractors to cut costs. The revelation came amid previous assurances from Apple CEO Tim Cook that layoffs would be a “last resort.” The Cupertino, California-based company resorted to this move to avoid mass retrenchment of direct hires. Other companies such as Amazon, […]
02/17/2023
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By Belle Carter
DUMPING THE DOLLAR: Russian ambassador confirms Russia and Bolivia are now trading in national currencies
Russia and Bolivia have begun to carry out international commercial transactions using the Russian ruble and the Bolivian boliviano instead of the United States dollar. “Financial operations can now be carried out using national currencies, which means a blow to the hegemony of the dollar,” Russian Ambassador to Bolivia Mikhail Ledenyov told Russian state-owned news agency […]
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