marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
economic crisis
04/28/2022
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By Arsenio Toledo
IMF director ADMITS world’s central banks “printed too much money”
The director of the International Monetary Fund (IMF) slipped up and admitted that the world’s central banks may have printed too much money and did not think of the consequences. “I think we are not paying sufficient attention to the law of unintended consequences,” said Kristalina Georgieva, who has led the IMF as its chair and managing director since […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
04/15/2022
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By Arsenio Toledo
Prices of wholesale goods in Germany post largest annual increase in 60 years
Germany’s year-over-year wholesale prices for March surged, with the country experiencing its biggest increase since wholesale price indexes were first calculated 60 years ago. This is according to the German Federal Statistics Office, known as Destatis, which recently released a report showing that wholesale prices of food, fuel and minerals increased by 22.6 percent in March […]
04/14/2022
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By Arsenio Toledo
Inflation surges by 8.5% to 40-year high, disproving White House claims it wouldn’t go higher than 2.2%
Despite the predictions of the White House that runaway inflation is on its way down, the latest report from President Joe Biden’s own Department of Labor shows that year-over-year inflation has surged to a new forty-year high of 8.5 percent in March. The consumer price index (CPI), which measures how much consumers pay for goods and services, last […]
03/23/2022
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By Arsenio Toledo
Production costs in Germany rise by record-breaking 25.9% due to ongoing energy crisis
German producers reported a record-breaking rise in factory gate costs of 25.9 percent year-on-year for February, pushed upward mainly due to the ongoing energy crisis caused by Germany’s green policies and the war in Ukraine. This data is according to the Federal Statistics Office, a German federal authority responsible for collecting statistical information. The office added that […]
03/22/2022
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By Arsenio Toledo
China’s Evergrande indefinitely suspended from trading in Hong Kong Stock Exchange
The Hong Kong Stocks Exchange (HKSE) just suspended trading in shares for Evergrande, China’s largest property developer and one of the world’s most indebted corporations. China Evergrande Group has become quite notorious in recent months due to its financial troubles, which could have debilitating effects on the global economy. (Related: On the brink of economic […]
03/20/2022
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By Arsenio Toledo
Oil prices continue to surge amid fears of approaching supply crisis
The price of oil worldwide surged once again on Thursday, March 17, after the International Energy Agency (IEA) warned that the world could experience a massive shortage in the global oil supply by next month. According to the IEA, Russian oil production could shrink by nearly three million barrels per day (bpd) while Russian oil exports could fall […]
03/10/2022
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By Arsenio Toledo
War in Ukraine halts almost all shipping in the Black Sea, threatening global supply chain
The Russian invasion has left hundreds of ships and thousands of sailors stranded in Ukraine. Not only is this predicament endangering their lives, it is also threatening global trade. According to London-based shipping tracker Windward Ltd., around 200 ships with an estimated crew of 3,500 sailors remain stuck at Ukrainian ports since Feb. 24, the […]
03/08/2022
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By Arsenio Toledo
Food crisis incoming: War in Ukraine threatening global food supplies, half a billion people at risk of hunger
The ongoing conflict between Russia and Ukraine is disrupting global food supply chains, and experts have sounded the alarm as the war is threatening the food security of nearly half a billion people who rely on Ukrainian and Russian food exports. Every time a massive war broke out in any part of the world, the end result was […]
03/08/2022
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By Arsenio Toledo
US crude oil surges to 13-year high of $130 a barrel as Russia-Ukraine war escalates
As oil buyers and investors race to replace Russian crude oil, its price has surged to a 13-year high of $130 a barrel. Right around when the Russian invasion of Ukraine began, the price of oil went above $100 a barrel for the first time since 2014. Since then, the price of oil has skyrocketed even […]
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