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News & Articles By Kevin Hughes
04/05/2022
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By Kevin Hughes
America about to suffer as Federal Reserve struggles to battle inflation
The worst inflation in four decades has spurred the Federal Reserve to start a series of interest rate hikes. It’s not going to work. The plain truth is that the Federal Reserve doesn’t know how to battle inflation and America is about to suffer the consequences. With prices soaring at a pace not seen since the early 1980s, […]
03/30/2022
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By Kevin Hughes
Poll: The Biden economy is terrible, according to 70 percent of Americans
An Associated Press-NORC poll on Friday, March 25, revealed that around seven in 10 Americans said President Joe Biden’s economy “is in bad shape” already. The poll also showed that nearly two-thirds of Americans denounced how Biden is managing the economy. Moreover, a bulk of Americans said Biden’s policies have hurt the economy instead of helping it. In […]
03/29/2022
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By Kevin Hughes
BlackRock CEO: Conflict in Ukraine marks end of globalization
BlackRock CEO Larry Fink said that the conflict in Ukraine marks the end of globalization as governments and businesses sever ties with Russia. BlackRock, the world’s biggest asset manager, is a leading provider of investment, advisory and risk management solutions. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over […]
03/29/2022
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By Kevin Hughes
Filmmaker Gonzalo Lira: US is committing suicide with its economic sanctions on Russia
Filmmaker Gonzalo Lira thinks the United States is committing suicide when it imposed economic sanctions on Russia. “The United States is committing suicide. And it’s about to embark on a war with China. You don’t see it yet. But it’s there, it’s already happening,” the American novelist said. Lira said people are now going through some […]
03/24/2022
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By Kevin Hughes
Aluminum prices soar as Australia hits Russia with alumina export ban
Australia recently hit Russia with alumina export ban. The move by the world’s top alumina exporter immediately sent aluminum spot prices soaring. Following the ban’s announcement on March 21, Australia’s top alumina refineries stopped shipping alumina to Russia’s United Co. Rusal International PJSC, the world’s second-largest aluminum company by production output. Rusal has a 20 percent share […]
03/22/2022
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By Kevin Hughes
Biden wants Americans to buy electric cars made with Russian aluminum
United States President Joe Biden and Transportation Secretary Pete Buttigieg were recently mocked by conservatives for suggesting that working-class Americans scrambling to pay the soaring oil prices should consider acquiring an electric vehicle (EV) instead. Yet, this easy solution supported by Democratic elites might just be even more unreal considering the current financial situation of many Americans. It turns […]
03/22/2022
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By Kevin Hughes
Saudi Arabia, China initiating plan to create petroyuan and bring an end to the petrodollar
Saudi Arabia is now considering accepting China’s yuan instead of the United States dollar for its oil sales to the Chinese. “The American Journal” host Harrison Smith discussed the matter during the show’s March 16 episode. “Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people […]
03/17/2022
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By Kevin Hughes
European carmakers scramble to replace vital Ukrainian auto parts
Russia’s invasion of Ukraine has left European carmakers like Volkswagen and BMW scrambling to find alternative sources of essential parts. The hunt for fresh supplies is the most recent challenge for an auto industry already dizzy from high metal and energy prices, supply chains tangled by the pandemic and a shortfall of semiconductor chips. (Related: Ford expects car production […]
03/16/2022
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By Kevin Hughes
Oil workers not happy with Biden administration’s oil industry policies
American oil workers are not happy with the way the Biden administration has dealt with America’s oil industry. Owen Shroyer took calls from oil workers to get their perspective on what’s really behind the current rise in oil and gas prices during a recent episode of “War Room” on InfoWars. Shroyer took note that when […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
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