Breaking news, updates, and reports on current events.
On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Senate Committee on Banking, Housing, and Urban Affairs Chairman Sen. Sherrod Brown (D-OH) said he supports environmental, social, and governance (ESG) efforts by banks to look “more closely at whom they lend to and who are socially responsible and who are destroying the environment and who is … Read more
In late August, the U.S. Food and Drug Administration (FDA) quietly unveiled a new “Overdose Prevention Framework” to address the decades-long opioid epidemic. Interestingly, the agency outlined policies that support innovation and promote harm reduction. Alarmingly, this is the same agency that houses the Center for Tobacco Products (CTP) that is actively blocking access to tobacco harm … Read more
“China’s yuan ends at weakest since global financial crisis, hits record low offshore” SHANGHAI (Reuters) -China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low, pressured by expectations of more U.S. rate hikes. … Read more
by Boo_Randy More than TWO MILLION households face sharp rise in mortgage repayments over two years sparking warnings of 15% fall in house prices as lenders pull nearly 1,000 deals in 24 hours – the highest ever daily fall – amid fears interest rates are heading to 6% https://www.dailymail.co.uk/news/article-11257865/More-TWO-MILLION-households-face-sharp-rise-mortgage-repayments-two-years.html Britain is heading for a property … Read more
U.K. gilt yields were on course for their sharpest monthly rise since at least 1957 as investors fled British fixed income markets following the new fiscal policy announcements. The measures included large swathes of unfunded tax cuts that have drawn global criticism, including from the IMF. LONDON — The Bank of England will suspend the … Read more
The Biden administration is going all-in against Russia and China with high-speed escalation. Two reasons: 1. The US is facing an imminent economic collapse. 2. The midterms will provide Republicans with a majority in both the Congress and the Senate. Game over for Dems. — Kim Dotcom (@KimDotcom) September 28, 2022
BRADDOCK, Pa.—Democratic Senate candidate John Fetterman, who once weighed over 400 pounds, called his rival campaign “nasty” after it suggested he eat a vegetable. As mayor, he spent over $1,000 of his own money to tell poor residents of Braddock to do the same. On the corner of 4th Street in Braddock, where Fetterman served … Read more
CHICAGO (WLS) — A federal grand jury in Chicago convicted a 31-year-old man of conspiring to act as a spy for China. According to the Department of Justice, Ji Chaoqun, a Chinese citizen living in Chicago, was convicted of working for intelligence agents within the Chinese government. https://abc7chicago.com/china-chinese-spy-chicago-conviction-news/12271006/
A Democrat running for Montana’s newest congressional district may have profited off a company she says blocks Montana families from affording homes. Monica Tranel has slammed Airbnb and other vacation rental services for depleting the supply of long-term rentals and homes in her state. But financial disclosures show Tranel owns up to $50,000 in stock in Airbnb, meaning she … Read more
The Biden administration is under increasing pressure to approve a federal waiver to permit a foreign diesel ship to enter a port in Puerto Rico, but administration officials have emphasized that they need to ensure the move would be legal before they move forward. The request to waive the Jones Act would allow in … Read more
Chinese property developer #CIFI Holdings see massive sell-off on media reports of missed debt payment. pic.twitter.com/NwsIRBnSvK — Cathy Yuan Zhang (@CathyYuanZhang) September 28, 2022 GLOBAL MARGIN-CALL$AAPL signals a “whoops” on demand. I have never seen anything like this on a Global scale in 22 yrs in the chair. — Michael Taylor (@Mike_Taylor1972) September 28, 2022 … Read more
World power brokers have now entered the next phase of reacting to the $USD wrecking ball. And it's only Wednesday… @SantiagoAuFund @mnicoletos pic.twitter.com/hDZZNKcPJE — IceCap (@IceCapGlobal) September 28, 2022 BoE warns of risk to UK financial stability as it intervenes in gilt market Or in other words, the UK is back to quantitative easing, with … Read more
by Michael If you think that nothing is happening, then you have not been paying attention. Within the past 100 hours, there has been a mysterious attack on the Nord Stream gas pipeline system, two monster storms have threatened North America, NASA rammed a spacecraft into an asteroid in order to knock it off course, … Read more
Guest Post by Julie Ponesse from Brownstone Institute: The clock seems to be ticking. Growing disparities in wealth, a housing and gas crisis, trans-humanism galloping over the horizon, heroized incivility, and the constant threat of viruses, the “cures” for which may be worse than the diseases. Global politics feels eerily apocalyptic these days and, in … Read more
Guest Post by MN Gordon from his blog on economicprism.com: “The LORD sends poverty and wealth; he humbles and he exalts.” – 1 Samuel 2:7 Holy Roll An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing … Read more
by Craft GERMAN ECONOMY MINISTER HABECK: SPECULATIONS ABOUT THE REASON FOR NORD STREAM 1 LEAK ARE CURRENTLY FORBIDDEN. — FinancialJuice (@financialjuice) September 27, 2022 So, first words were illegal in Germany. Now thoughts are illegal. To the Germans you should go right up to a cop, look him in the face, and SPECOOOOOOLATE. Just make a … Read more
BREAKING: Tucker Carlson make surprise appears to deliver tribute at funeral of Hells Angels biker gang founder in California pic.twitter.com/nsI66uGlGc — Jack Posobiec (@JackPosobiec) September 26, 2022
“Braves” are racist…Indians, and all that… The Washington Redskins changed theirs to the “Commanders”…lame…but nonetheless… What should the “BRAVES” change their name to? suggestions? Atlanta ‘we-not-drunks’? GO! https://www.foxnews.com/media/twitter-roasts-biden-white-house-suggesting-conversation-renaming-atlanta-braves-out-touch “Twitter roasted White House press secretary Karine Jean-Pierre for suggesting that conversations about rebranding the Atlanta Braves are “important” to have. “We believe that it’s important to … Read more