marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
World War III
02/09/2023
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By Belle Carter
SUPPLY CHAIN SILLINESS: Biden to slap 200% tariff on Russian aluminum to “commemorate” Ukraine invasion anniversary
President Joe Biden is planning to slap a 200 percent tariff on Russian-made aluminum soon. This is to ramp up the pressure on Moscow over its war in Ukraine as the anniversary of the invasion nears. “It’s something we are considering,” a U.S. official said, but noted that the announcement about any tariff increase is not […]
02/08/2023
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By Roy Green
Russia boosts gold stock to cushion impact of US, EU sanctions
Russia went on a gold-buying spree last year out of necessity. It wants to cushion the full impact of the trade and economic sanctions imposed by the United States and the European Union (EU) nations following its invasion of Ukraine on February 24, 2022. According to Finance Ministry data obtained by Reuters on Feb. 3, […]
09/14/2022
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By Arsenio Toledo
American imports of Russian ferrous metals dropped to near-zero in July
Russian exports of ferrous metals to the United States dropped in July to nearly zero – $0.6 million. The massive nosedive in American metals imports comes after Washington, D.C. released its latest list of Russian goods targeted by massive import tariffs in late June. These are part of America’s economic sanctions against Russia for the special […]
08/15/2022
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By Cassie B.
Russia’s current-account surplus triples, but GDP is dropping
Russia’s current-account surplus has more than tripled over last year after hitting record levels during the Ukraine invasion. The current-account surplus, which refers to the positive current account balances a country possesses, is considered the broadest measurement of investment and trade flows as it indicates they have more exports than imports of goods and services. […]
07/27/2022
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By News Editors
Russia and China officially announce a “new global reserve currency”
If you’ve blinked over the last month, you may have missed it… (Article by Quoth The Raven republished from QuothTheRaven.Substack.com) China and Russia are taking their shot at the U.S. dollar. And as often happens with consequential news in the United States and the West, no one seems to notice or even care. Since the beginning of the […]
06/28/2022
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By Arsenio Toledo
Announcement of Russia defaulting on debts an attempt to divert attention away from the West’s endless money printing
The announcement that Russia has defaulted on its debt is an attempt by Western central banks to hide the fact that it is destroying the global financial system by flooding it with more newly printed money. Russia has supposedly defaulted on its external sovereign bonds for the first time since 1918. This is the culmination of severe […]
06/07/2022
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By Mary Villareal
Russia responds to another round of EU sanctions by restricting exports of noble gases like neon, which is essential for making computer chips
Russia’s Ministry of Trade and Industry has announced that the country will limit until the end of 2022 the exports of noble gases such as neon, which is an essential element in making computer chips. The move is expected to worsen the ongoing supply crunch in the global chip market. Ukraine was also one of […]
05/16/2022
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By News Editors
Our world of lies
As Russia is an exporter of energy and minerals, higher prices result in more export earnings. It is Americans and Europeans hit with the high prices who are experiencing the sanctions. (Article by Paul Craig Roberts republished from FreeWestMedia.com) Ask yourself why with supply shortages, disrupted supply chains from the mindless lockdown policy, and rising inflation […]
05/12/2022
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By News Editors
Biden: Inflation is everybody’s fault but mine
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room, however, for any sound economics in a speech that was little more than a […]
05/06/2022
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By News Editors
The great currency reset and why Europe is trapped
There’s a lot of news flying around about the changes happening in global currency trading. (Article republished from TomLuongo.me) From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of […]
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