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News & Articles By Willow Tohi
01/21/2025
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By Willow Tohi
Federal Reserve, BlackRock retreat from climate coalitions as economic realities take precedence
The Fed has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), emphasizing its focus on monetary stability and rejecting the politicization of climate policy, which Fed Chair Jerome Powell argues is outside the central bank’s mandate. BlackRock, the world’s largest asset manager, has left the Net Zero Asset […]
01/19/2025
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By Willow Tohi
Germany’s nuclear paradox: Importing expensive power after shutting down its own reactors
Germany, which previously relied on nuclear energy, is now importing expensive nuclear-generated electricity from France to cope with energy shortages. The decision to phase out nuclear power has left Germany vulnerable to energy shortages, leading to higher electricity costs and supply risks. Critics argue that abandoning nuclear power has undermined Germany’s climate goals, increased reliance […]
01/19/2025
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By Willow Tohi
Los Angeles wildfires leave displaced residents vulnerable to predatory PRICE GOUGING
Landlords and property managers are dramatically increasing rental prices in Southern California, with some listings doubling or tripling in cost, as wildfires displace tens of thousands of residents. Over 105,000 people are under evacuation orders, and more than 12,300 structures have been destroyed, creating a severe housing shortage and exacerbating existing affordable housing issues. California […]
01/17/2025
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By Willow Tohi
Trump administration poised to overhaul crypto regulations with new SEC leadership
President-elect Donald Trump’s SEC nominees, led by Paul Atkins, are expected to initiate sweeping changes to cryptocurrency regulation, starting as early as Trump’s first day in office. The new SEC leadership, including commissioners Hester Peirce and Mark Uyeda, aims to clarify the regulatory framework for cryptocurrencies, potentially reclassifying digital assets and reviewing pending enforcement cases […]
01/16/2025
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By Willow Tohi
Bank of England raises alarm over U.K. pension risks amid growing use of funded reinsurance
The Bank of England has warned about significant risks to U.K. pension savings due to the growing reliance on funded reinsurance, a complex financial tool involving third-party entities like private equity firms and foreign insurers to guarantee pension payouts. Funded reinsurance arrangements are increasingly complex and lack transparency, potentially exposing U.K. savers to counterparty risks, […]
01/14/2025
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By Willow Tohi
Australia’s energy crisis: A self-inflicted wound threatening the economy
Domestic energy prices in Australia have tripled over the past decade, despite being a major exporter of natural gas, crippling the manufacturing sector. High energy costs are driving Australian manufacturers to consider relocating to countries like the U.S., where energy is cheaper and more reliable, leading to a potential loss of the country’s industrial base. […]
01/13/2025
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By Willow Tohi
Money supply growth hits 27-month high as Fed signals dovish turn, raising inflation concerns
The U.S. money supply has shifted from historic contractions in 2023 and early 2024 to accelerated growth, reaching a 27-month high in November 2024, with year-over-year growth hitting 2.35%. This marks a sharp turnaround from the 8.5% decline seen in November 2023. The Fed’s accommodative stance, including multiple interest rate cuts in late 2024, has […]
01/12/2025
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By Willow Tohi
Trump faces economic crisis: Inflation, debt and a faltering job market threaten America’s future
President-elect Donald Trump inherits an economy burdened by persistent inflation, a struggling job market, a weakened small-business sector, and unsustainable government debt, requiring urgent and decisive action. Inflation, running at 3% (50% above the Federal Reserve’s target), has eroded the dollar’s purchasing power by 22% officially, with industry-specific data suggesting nearly double that loss. Efforts […]
01/06/2025
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By Willow Tohi
China announces tariff cuts on recycled copper, aluminum and key goods to boost green development and domestic demand
China announces significant import tariff reductions on 935 items, including recycled copper, aluminum and ethane, effective January 1, 2025, to support green development, technological innovation, and economic openness. Key sectors benefit, such as petrochemicals, healthcare, and green technologies, with lower production costs expected to drive innovation and low-carbon transition. Healthcare and advanced materials see tariff […]
01/02/2025
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By Willow Tohi
Obamacare, hyper-inflation: Americans can’t afford the skyrocketing cost of health care
The ACA has led to significant increases in health insurance premiums, with single coverage rising by 67% and family coverage by 74% since 2010, making healthcare unaffordable for many families. Despite its goals, the ACA has left 25 million Americans uninsured in 2023, only a slight improvement from 2014, while costing taxpayers over $50 billion […]
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