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News & Articles By Belle Carter
10/27/2023
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By Belle Carter
COLLAPSE? Bond bloodbath commences as Fed’s desperate fight against inflation fails
For Wolf Richter, publisher of finance and econ site Wolf Street, the long-term treasury market is finally waking up from its delusion that the Fed is going to gradually cool inflation to its target of two percent. It is also finally admitting it cannot normalize interest rates after having spent 18 months believing in the […]
10/27/2023
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By Belle Carter
Iraqi PM warns: Fighting between Israel and Hamas could disrupt Middle East oil supplies worldwide
Iraqi Prime Minister Mohammed Shia al-Sudani has warned that fighting between Israel and Hamas, which is on the brink of dragging other countries in the region, could disrupt Middle East oil supplies to international markets. The crisis would “impact global security, escalate regional conflict, jeopardize energy supplies, exacerbate economic crises and invite further conflicts,” al-Sudani said at […]
10/09/2023
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By Belle Carter
CULTURE of THEFT: D.C. neighborhood CVS retailer gets routinely ransacked by a mob of kids
Before and after going to school and even during late nights, a big group of kids – roughly 45 of them – regularly come to Consumer Value Stores (CVS) in Columbia Heights in Washington D.C. to ransack food and beverages, even throw the food and beverages on the ground and stomp on them, leaving behind […]
10/03/2023
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By Belle Carter
Renowned author Robert Kiyosaki distrusts printed dollar currency because soon “it will be worth less than toilet paper”
Robert Kiyosaki, renowned author of the phenomenal personal finance book “Rich Dad, Poor Dad,” shared a piece of his mind on how to decentralize from the fiat currency in these scary times of a broken banking system. According to him, the dollar has been losing its purchasing power and not long from now, it would […]
09/27/2023
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By Belle Carter
END of DOLLAR’s HEGEMONY: Russian oil giant now using yuan and rubles for export settlements
Russian oil producer Gazprom Neft, a subsidiary of energy giant Gazprom is now conducting crude trade with foreign partners with the Chinese yuan and Russian rubles – a significant step in reducing reliance on the U.S. dollar and euro, which both became unreliable following the Western sanctions imposed on the Eurasian nation. The company’s CEO Aleksandr […]
09/22/2023
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By Belle Carter
Public NUMBS as government DEBT BOMB explodes to $33T, annual budget DEFICIT approaches $2T
The United States gross national debt just exceeded $33 trillion on Friday, September 15, three months after the federal government’s debt eclipsed $32 trillion in June. Additionally, the budget deficit is on track to reach $2 trillion in the current fiscal year. As per financial experts, Americans seemed to have become desensitized to these figures […]
09/22/2023
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By Belle Carter
Canada’s grocery retail giants push back against accusations of price inflation, ask Trudeau to examine his policies first
Canada’s Prime Minister Justin Trudeau demanded major grocers come up with a plan to stabilize prices and if they fail to provide “relief for Canadians” by stabilizing food prices by October 9, they will suffer “big consequences.” “Large grocery chains are making record profits. Those profits should not be made on the backs of people […]
09/20/2023
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By Belle Carter
East Coast’s largest groundfish company files for bankruptcy, lays off workers with no severance pay
East Coast’s largest groundfish company has filed for bankruptcy, according to records in U.S. federal court in Delaware, leaving employees without a job as it shutters all of its locations and concluded an eight-year private equity (PE) roll-up of New Bedford’s fishing industry. Blue Harvest Fisheries unexpectedly filed for Chapter 7 bankruptcy on September 8, […]
09/12/2023
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By Belle Carter
Walmart to reopen with a POLICE SUBSTATION to combat SURGING THEFT cases
As the whole world adjusts to the post-pandemic world, retailers face difficulties amid shrinking inventories due to the prevalence of crime and violence, including theft, shoplifting, and other fraudulent activities. In fact, a recent Retail Workplace Survey by Loss Prevention Magazine found that 60 percent of retail workers saw some form of ruthlessness on the […]
09/05/2023
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By Belle Carter
Farmers Insurance lays off 2,400 employees in the name of “long-term profitability”
American insurer Farmers Insurance Group revealed in an August 28-dated press statement that it is set to lay off 11 percent, or roughly 2,400, of its workers across all lines of business from a workforce made up of nearly 21,000 people. The release cited the excuse of creating a more efficient organization via austerity initiatives. […]
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