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News & Articles By Kevin Hughes
10/25/2022
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By Kevin Hughes
Global policymakers: Economic downturn could become an abrupt economic collapse
Global policymakers warned that economic downturn felt across the globe could become an abrupt economic collapse due to high inflation, soaring energy costs and rising interest rates. Reflecting a poor outlook, a U.S. inflation report projected the Federal Reserve raising interest rates at an alarming pace. This could push the dollar higher, sending the price of imports […]
10/21/2022
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By Kevin Hughes
German health minister: Hospitals in Germany are facing bankruptcy due to rising energy prices, inflation
Several hospitals in Germany are on the verge of bankruptcy because of the rising energy prices and inflation, according to German Health Minister Karl Lauterbach. He warned that more hospitals will soon follow unless the federal government comes up with some form of compensation. “If we do not react quickly and really drastically, there will be […]
10/13/2022
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By Kevin Hughes
Thousands of Britons take to the streets to protest against rising inflation and cost of living
Thousands of people all over the United Kingdom took to the streets to protest against inflation and the rising cost of living. The “Enough is Enough” rallies organized by worker unions and climate change activists kicked off on Oct. 1 in the capital London and other major U.K. cities. Protesters who gathered at the King’s […]
10/10/2022
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By Kevin Hughes
Mother of all market crashes is coming, financial cycles analyst Aaron Brickman tells Mike Adams
The mother of all market crashes is coming, financial cycles analyst Aaron Brickman told Health Ranger Mike Adams during the Oct. 2 edition of “Health Ranger Report.” Brickman said human psychological conditions and cosmic events are setting up a potential catastrophic market crash that could happen this October. (Related: EPIC CRASH COMETH? Aaron Brickman warns cycles, conditions […]
10/04/2022
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By Kevin Hughes
Crypto founder linked to $60 billion token collapse says he is NOT HIDING after Interpol issues arrest warrant
Do Kwon, the South Korean founder of cryptocurrency company Terraform Labs, insisted that he is not running away from the country’s authorities. His insistence followed the prosecutor’s office of South Korea accepting an international arrest warrant from the International Criminal Police Organization (Interpol). Kwon’s firm was responsible for the stablecoin TerraUSD and its sister crypto […]
09/30/2022
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By Kevin Hughes
Bank of America: US unemployment will climb to 5.6% by end of 2023
Unemployment in the U.S. will rise to 5.6 percent by the end of 2023, warned Bank of America (BofA). Its prediction followed Federal Reserve officials who expressed belief that the central bank’s interest rate target will approach five percent next year. A research note from BofA’s U.S. economics team headed by chief economist Michael Gapen […]
09/30/2022
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By Kevin Hughes
US retailers CANCELING orders worth billions of dollars before the holidays as consumer demand plummets
Major retailers in the U.S., such as Walmart and Target, are canceling billions of dollars in orders ahead of the holiday season. Last year’s holiday season saw the global supply chain being unable to meet the demand. A different issue is shaping up this year. Journalist Michael Snyder pointed out that “all of a sudden, […]
09/23/2022
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By Kevin Hughes
Poll: 63% of Americans are falling behind in costs of living
The majority of Americans are saying they are falling behind the cost of living, according to the latest polling data. Results of the poll released by NBC News showed that 63 percent of respondents stated that their income was below the cost of living. Meanwhile, 58 percent of the respondents did not approve of President Joe Biden’s handling of the economy. The […]
09/14/2022
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By Kevin Hughes
Survey: 63% of small business owners no longer hiring because they cannot afford added costs
Results of a recent survey revealed that a strong majority of small business owners are not presently hiring because they cannot afford the added costs. Online small business network Alignable released on Sept. 7 the results of a survey it conducted. It found that a surprising 63 percent of small businesses cannot afford to hire […]
09/12/2022
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By Kevin Hughes
OPEC+ cuts oil production by 100K barrels per day amid dropping oil prices, stoking fears of global recession
The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by 100,000 barrels per day (bpd). The decision to slash production came amid worries of plunging oil prices and a global recession. In a media release, OPEC and its partners under the OPEC+ banner […]
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