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News & Articles By Belle Carter
01/25/2023
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By Belle Carter
Brazil and Argentina discuss common currency for financial, commercial transactions that avoiding using the US dollar
The leaders of Brazil and Argentina have recently announced that talks toward a common currency for financial and commercial transactions to improve economic integration are advancing. Brazilian President Luiz Inacio Lula da Silva and Argentinian President Alberto Fernandez shared details about the common currency talks in a jointly-written article. The piece published in the website […]
01/18/2023
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By Belle Carter
To increase or not to increase: Republicans and Democrats clash over $31.4 trillion debt ceiling
Treasury Secretary Janet Yellen notified the country’s lawmakers last week that Congress needs to decide whether or not to proceed with the increase of the $31.4 trillion national debt limit. According to Yellen, the U.S. will hit its cap on Thursday, January 19. Once that happens, she will not be able to issue new debt without […]
01/17/2023
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By Belle Carter
Glenn Beck warns: The East dumping of the petrodollar brings US economy closer to COLLAPSE
Eastern countries eschewing the petrodollar to buy Russian oil in their own respective currencies could bring the U.S. economy closer to collapse, warned conservative radio host Glenn Beck. During a recent episode of “The Glenn Beck Report,” Beck pointed out that countries in the East such as China and Saudi Arabia are dumping the U.S. […]
01/10/2023
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By Belle Carter
Report: 91% of altcoin projects following 2014 crypto collapse are now completely abandoned
Crypto website CoinKickoff recently released a report showing the failures of altcoin projects and the sustained success of bitcoin in an industry riddled with scams and frauds. Altcoin is an alternative digital currency to bitcoin that first appeared in 2011. Data revealed that 91 percent of coins created following the 2014 cryptocurrency market crash are now completely abandoned. A large […]
01/10/2023
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By Belle Carter
Gold Newsletter: 2023 will be a bearish year for stocks and bonds, but a bullish one for precious metals
The 2022 year-end issue of the Gold Newsletter predicted that financial trends for 2023 will be bearish for stocks and bonds and bullish for gold and silver. Investors are more willing to buy in a bullish market and are likely to sell in a bearish market. Brien Lundin, long-time editor of the news letter, elaborated on these […]
01/06/2023
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By Belle Carter
GET WOKE GO BROKE: Home-goods giant Bed Bath & Beyond considers filing for bankruptcy
Home-goods giant Bed Bath & Beyond announced Thursday, Jan. 5, it may need to file for bankruptcy. The domestic merchandise company released a statement saying it has “substantial doubt” about its ability to continue. “For the third quarter of fiscal 2022, the Company expects to report net sales of approximately $1.259 billion compared to $1.878 billion in the year-ago period, reflecting […]
01/06/2023
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By Belle Carter
Gold prices soar to 6-month high, widely expected to go higher in coming months
Prices of gold soared to a six-month high in the early hours of Tuesday, Jan. 3, according to trading data. CNBC reported that the precious metal’s cost peaked just below $1,850 per troy ounce before easing off to trade around $1,838. U.S. gold futures were up one percent at $1,844.10. Analysts believe the rally will continue throughout the year. The news portal also cited […]
01/05/2023
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By Belle Carter
China’s factory activity suffers biggest decline in nearly 3 years after easing COVID-19 restrictions
With the Wuhan coronavirus (COVID-19) sweeping across China’s production lines, factory activity in the country shrank for the third straight month in December. The drop has been the biggest since the early days of the COVID-19 pandemic in February 2020. The factory purchasing managers’ index (PMI) fell to 47.0 from 48.0 in November, according to China’s National Bureau […]
01/04/2023
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By Belle Carter
Putin bans export of Russian oil to US and other nations that implemented a price cap
Russian President Vladimir Putin recently signed a decree to temporarily ban the export of oil products to the United States and other nations that implement a price cap. The ban will take effect from February 1 to July 1. “Deliveries of Russian oil and oil products to foreign entities and individuals are banned, on the condition that in […]
12/29/2022
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By Belle Carter
Economists: Over $31 trillion national debt could lead to slow-moving economic demise
The Department of the Treasury announced in October that the national debt blew past $31 trillion. Analysts say this is due to years of fiscal splurging and heightened by the Wuhan coronavirus (COVID-19) pandemic. Some economists are worried that it could lead to a slow-moving economic demise. (Related: US national debt hits $31 TRILLION for the first time.) […]
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