Month: September 2021

BRITAIN GETS SERIOUS ABOUT GLOBAL WARMING: Government poised to approve 16 mini nuclear reactors to hit net zero.

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A planned new generation of mini nuclear reactors could protect Britain from future energy crises. Business Secretary Kwasi Kwarteng is poised to approve funding for British engineering giant Rolls-Royce to create a fleet of mini-reactors. Ministers are understood to have adopted a ‘change of focus’ towards nuclear power amid the current crisis caused by rocketing … Read more

Turn Out The Lights, The Party’s Over-Evergrande misses a second dollar bond interest payment! Debts of $300 Billion! Boom!

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via encouragingangels: This could be the biggest story of the day, week, month and the year…if not the decade. Posting some quotes below. Evergrande is HUGE, HUGE and HUGE. They owe $300 billion and can no longer make the interest payments on their debts. They are approximately 5-6 times the size of Lehman Brothers, which almost took down … Read more

42 Countries Owe $385 Billion To China

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China’s Belt and Road Initiative project represents a massive injection of funds to the most struggling nations, while raising concerns about the way the country finances and manages its projects. According to a report by AidData, a research center at the College of William and Mary, 42 low and middle-income countries have debt exposure to … Read more

Majority of restaurants say conditions worse than 3 months ago…

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More than half of restaurant operators surveyed by the National Restaurant Association say that business conditions are worse now than three months ago. The delta variant, understaffed restaurants and higher food costs are among the issues plaguing the industry. Just 9% of survey respondents said business conditions improved over the last three months. More than … Read more