On Wire

Breaking news, updates, and reports on current events.

Global trade collapsing – CNBC

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“Freight rates from China to West Coast down 90% as global trade falls off fast” “According to Freightos, despite the increase in canceled sailings which has cut vessel capacity, the hemorrhaging of ocean freight prices continues: Asia-U.S. West Coast prices (FBX01 Weekly) fell 26% to $1,426/FEU. This rate is 90% lower than the same time … Read more

Poland prepares for war

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Poland has decided to redouble its preparation for war. A proposal decided on the basis of an order from the Ministry of Defense, whose objective is to recruit some 200,000 people to receive two-week military training for those who have already volunteered. This was made known by Colonel Miroslaw Brys, head of the Polish National Recruitment Center. … Read more

New report suggests US isn’t ready for mass vehicle electrification

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WASHINGTON — Full electrification of the U.S. vehicle fleet would require a very large percentage of the country’s current electricity generation, and some states would need to generate as much as 60% more electricity than is presently produced to meet the demand. What does a liberal think when they read that paragraph? https://www.thetrucker.com/trucking-news/equipment-tech/new-report-suggests-us-isnt-ready-for-mass-electrification-of-big-rigs?utm_source=Email%20marketing%20software&utm_medium=Email&utm_id=Newsletter%2012-09-2022

US Debt limit maxed out yesterday.

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https://news.cgtn.com/news/2022-12-08/U-S-reaches-national-debt-ceiling-1fB1iqR7uI8/index.html Less than 50% – “debt has reached its $31.4 trillion ceiling” https://www.usdebtclock.org/ “Congress raises US federal debt limit to USD 31.4 trillion” “The Democratic-led House of Representatives approved the bill in a 221-209 vote. Mr Schumer said the increase would cover the government’s needs into 2023, through the November 8 midterm elections that will … Read more

Bari Weiss is releasing part two of the Twitter Files. Twitter used “visibility filtering” to blacklist accounts (preventing searches or trending).

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by Settlemente Twitter admitted Libs of TikTok did not violate the hateful conduct policy yet suspended LTT for hateful content anyways. Bari Weiss is releasing part 2 of the Twitter Files. Major points: Twitter suppressed accounts. Twitter staff added tags like “do not amplify” to certain accounts. Twitter suspended Libs of TikTok despite admitting internally … Read more

SHTF imminent in northern Kosovo? (Video)

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Kosovo sent over 200 heavily armed special forces in to the Mitrovica region in northern Kosovo. Serbia answers with sending 1000 troops in to northern Kosovo. It allways come to my mind what a famous german seer said about the kick off regarding ww3. “But the spark that will bring the powder keg to explode, … Read more

Jim Jordan Destroys Liberal Hack that Tried to Smear Justice Alito…

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Someone call 911! We just witnessed a murder! SHOCK MOMENT: Jordan Confronts Dem Witness With Transcript & Audio, Accuses Him Of Lying To Congress Holy Shite Do not mess with Jim Jordan The Democrat witness is caught lying under oath. This is the guy trying to discredit Justice Alito.pic.twitter.com/SK2Fo5xsOC — Citizen Free Press (@CitizenFreePres) December … Read more

FedEx Driver Who Hit Girl With Truck Strangled Her After She Said She Was Going to Tell Her Dad

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“The FedEx driver accused of kidnapping and killing a 7-year-old girl says he strangled her after he accidentally backed into her with his truck. According to an arrest warrant affidavit obtained by NBC 5, Tanner Lynn Horner confessed to the crime and told police he accidentally hit 7-year-old Athena Strand while backing up in his … Read more

Hundreds Of Thousands Of U.S. Homeowners Are Now Underwater On Their Mortgages As The Housing Crash Accelerates

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by Michael Here we go again.  When the housing market crashed in 2008 and 2009, large numbers of U.S. homeowners ended up owing more on their mortgages than their homes were worth.  When the Federal Reserve started to aggressively hike interest rates earlier this year, I warned that it would happen again, and now that … Read more

A worldwide recession is just around the corner as global economy has exited a four-decade era of stable growth and inflation to enter a period of heightened instability.

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via businessinsider: The global economy has entered a period of elevated volatility, and previous investing approaches won’t work anymore, BlackRock said. A recession is imminent but central banks won’t be able to support markets this time by loosening policy, according to the money manager. “Recession is foretold as central banks race to try to tame inflation. … Read more

Google, Oracle, Amazon, and Microsoft awarded $9 billion Pentagon cloud deals

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The Pentagon said Wednesday that Amazon , Google , Microsoft and Oracle received a cloud-computing contract that can reach as high as $9 billion total through 2028. The outcome of the Joint Warfighting Cloud Capability, or JWCC, effort is in line with the U.S. Defense Department’s effort to rely on multiple providers of remotely operated … Read more

FTC Seeks to Block Microsoft Corp.’s $69 billion Acquisition of Activision Blizzard, Inc.

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The Federal Trade Commission is seeking to block technology giant Microsoft Corp. from acquiring leading video game developer Activision Blizzard, Inc. and its blockbuster gaming franchises such as Call of Duty, alleging that the $69 billion deal, Microsoft’s largest ever and the largest ever in the video gaming industry, would enable Microsoft to suppress competitors … Read more

The Tighten Up! US Treasury Yield Curve DOWN -206% In 2021, M2 Money DOWN -90%, S&P 500 DOWN -17.5%, Bitcoin DOWN -64.2% (Biden And NY Fed’s Project Cedar To Replace US Dollar)

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by confoundedinterest17 Unlike Archie Bell and the Drells, this tighten-up is about The Federal Reserve tightening-up its monetary policy. On December 31, 2021, the US Treasury yield curve (10Y-2Y) stood at +77.4 basis points, generally a good omen. Then markets woke up. And not in a woke way. As The Fed tightens to tamp down on inflation … Read more

MEN ON STRIKE: Men are dropping out of the labor force because they’re upset about their social status, according to a new study.

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Men without four-year college degrees, between the ages of 25 and 54, have left the workforce in higher numbers than other groups. And they’re leaving because of their perceived social status relative to better-educated men of similar age, according to a new study from the Federal Reserve Bank of Boston. Non-college-educated men have seen their … Read more