Russia Prepares to Transfer All Currency Liquidity From Dollar to Euro

MOSCOW (Sputnik) – The transition from dollar to ruble and national currencies in international settlements happens naturally, incentives are created to facilitate the process, but no bans are introduced, the Russian Finance Ministry said on Monday. “The transition from dollar to ruble and national currencies of our trade partners in international settlements happens naturally. The … Read more

Record-breaking heat wave hits Minneapolis

Minneapolis’ sweltering heat this weekend is going to stick around for at least a week, and maybe longer. Driving the news: Daily high temperatures set records on both Friday and Saturday at Minneapolis-St. Paul International Airport. A high of 99° recorded there on Saturday broke the record for June 5 by 7 degrees, according to the National Weather Service. … Read more

3 Broker Reviews Platforms to Follow in 2021

  Source: Pixabay Despite the pandemic-driven recession, the bullish global stock markets have incentivized many people to try their hand at stock trading. The apparent disconnect between the stock markets and macroeconomic conditions over the past year accelerated equity investments.  Average daily equity trading volumes increased 55.7% year-over-year to 10.90 billion in 2020, despite a … Read more

The Shaking In California Is Getting WORSE As Hundreds And Hundreds Of Earthquakes Cause Alarm On The West Coast

by Michael Snyder Are we getting close to a major seismic event on the west coast?  Within the past several days, we have seen hundreds of earthquakes happen in southern California, there have been large earthquakes offshore near the Cascadia Subduction Zone, and there has been a very alarming swarm of earthquakes at Mt. Hood.  … Read more

Outsourcing The Production Of Virtually Everything Has Brought Us To The Brink Of A Nightmare Scenario For The U.S. Economy

by Michael Snyder Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon.  Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year after year … Read more

Lumber Prices Slump As Historic Boom Hits A Wall

Lumber Prices Slump As Historic Boom Hits A Wall Lumber futures on Chicago Mercantile Exchange fell -3.1% to $1,284.20 per 1,000 board feet, extending last week’s first loss since January. For the last 18 trading sessions, lumber prices have come under pressure amid signs that an unprecedented rally may be waning. Citing data from trade … Read more

HUGE fire in China. AIR CONDITIONER SHORTAGE INCOMING!

#BREAKING #CHINA #CHANGSHA 🔴 Air Conditioning General Warehouse in Changsha City, China, caught fire on June 5, 2021. #HunanGomeGree #BreakingNews #Flash #Video #LastMinute pic.twitter.com/yZ7Gj5zdHt — LW World News (@LW_WorldNews) June 5, 2021 June 5 in the afternoon, an electrical warehouse in Changsha city caught on #fire. Firefighters have arrived at the site to put out … Read more

Sodium Bicarbonate “Kills” Cancer Cells – This Right From the Horses Mouth : The US National Library of Medicine

Sodium bicarbonate, commonly known as baking soda, is widely used in the clinic as an antacid for treating gastric hyperacidity, among other conditions. Chao et al have reported a clinical trial about targeting intratumor lactic acidosis–transarterial chemoembolization. Based on conventional transarterial chemoembolization, the authors added a 5% sodium bicarbonate solution to cytotoxic drugs, resulting in … Read more

BITCOIN IS NOW LEGAL TENDER in EL SALVADOR!

https://twitter.com/leonardobvm/status/1401287254308425728 El Salvador has become the first country to make #Bitcoin  legal tender! pic.twitter.com/LdZyN0BEU8 — Ankush (@Ankush99889707) June 5, 2021 El Salvador will become the first country to adopt #Bitcoin as legal tender. The legislation draws a distinction between truly decentralised Bitcoin where the monetary policy is objective and imo rules out Altcoins with an … Read more

IT’S THE RETURN OF “JOBS CREATED AND SAVED:”

reopening the country isn’t job creation, Mr. President. ✍🏼give✍🏼me✍🏼that✍🏼phone✍🏼 https://t.co/vcizAMtsV8 pic.twitter.com/dzoIA7X6Fu — Siraj Hashmi (@SirajAHashmi) June 5, 2021 It’s par for the course — Biden’s previous government experience was as part of the administration that invented the imaginary “jobs saved or created” metric in 2009.   h/t Ed