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News & Articles By Belle Carter
05/17/2023
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By Belle Carter
Fed survey shows BANKING CRISIS raises concerns over stability of US financial system
The latest Federal Reserve survey on major risks to the economy has found that the stress brought about by the recent troubles in the banking sector came up as a major concern among market analysts, business leaders, academics and researchers with regard to the stability of the U.S. financial system. “Despite decisive actions by the […]
05/17/2023
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By Belle Carter
TIPFLATION: Workers at first unionized Apple store in Maryland want MANDATORY TIPPING at checkouts
The first unionized Apple store in the U.S. is asking its parent company to implement a gratuity option at the checkout counter. According to the Daily Mail, workers at the Apple store at Maryland’s Towson Town Center want the Cupertino, California-based tech giant to put in place an option for customers using their credit cards to […]
05/11/2023
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By Belle Carter
Josh Sigurdson: Closures of fast food chains signal looming global STARVATION
Several fast food chains are declaring bankruptcy and closing both dining locations and corporate offices across the country due to “under-performance” brought about by economic uncertainties. For World Alternative Media‘s (WAM) Josh Sigurdson, this is a sign of worse things to come. He remarked that while health and environment advocates could see this as a […]
05/10/2023
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By Belle Carter
Global TECH LAYOFFS in 2023 already surpass last year’s total; more job cuts still to come
The number of mass layoffs in the technology sector that began in the last quarter of 2022 have extended into 2023. Globally, the number of job cuts in the tech sector has already surpassed last year’s total. Data from the online tracker Layoffs.fyi noted that the total number of layoffs in the tech sector to date […]
05/05/2023
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By Belle Carter
Turkey and Argentina turn to crypto amid record-breaking inflation and crumbling currencies
Turkey and Argentina are seeking safe haven by turning to volatile cryptocurrencies amid the crashing fiat and soaring commodity prices. According to audience research company GWI, ownership of digital currencies in Turkey was the highest in the world at 27.1 percent, followed by Argentina at 23.5 percent, which is well above the global crypto ownership […]
05/05/2023
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By Belle Carter
Russia to resume foreign exchange purchases to boost currency reserves
Russia is expected to resume buying foreign currency for its reserves as early as this month or later this year. The country halted foreign exchange purchases in late January 2022 and further suspended the program following the outbreak of the conflict in Ukraine. According to Bloomberg Economics, the move aims to bolster Russia’s reserves as growing energy revenues “stabilize” […]
05/04/2023
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By Belle Carter
Arizona and Texas to become hubs for EV, battery and semiconductor companies
The states of Arizona and Texas are becoming a hub for makers of electric vehicles (EVs), batteries and semiconductors. LG Energy Solution has announced a $5.5 billion battery manufacturing facility near Phoenix, while Taiwan Semiconductor Manufacturing Co. (TSMC) is investing $40 billion to open the company’s second chip plant in Arizona. “We always had a […]
05/03/2023
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By Belle Carter
Government theft of home equity rooted in FEUDALISM, finance expert says
Finance expert Dan Eastman believes the government’s theft of home equity is rooted in feudalism. He put forward this argument during an appearance on “Brannon Howse Live,” telling the “Worldview Report” host that the practice has its roots in feudal Europe between the ninth and 15th centuries. Under this system, a person of authority gives “strong […]
04/28/2023
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By Belle Carter
Dollar DEMISE: Yuan overtakes dollar in China’s cross-border payments
Data from China’s State Administration of Foreign Exchange (SAFE) revealed that the Chinese yuan (CNY) surpassed the United States dollar (USD) as the most-used currency in China’s cross-border transactions last month. Cross-border payments and receipts in yuan surged from the equivalent of $434.5 billion in February to a record $549.9 billion in March, according to […]
04/27/2023
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By Belle Carter
Argentina sees boom in lithium production as Chile tightens control
Sitting within the so-called “lithium triangle,” Argentina’s strong pipeline of lithium projects seeks to unlock a wave of production that could see its output of the key electric vehicle battery metal triple within the next two years. The projects are soon to go online in the mountainous north of Argentina, the world’s fourth-largest producer of lithium, a […]
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