Russia’s central bank on Wednesday announced that it is prohibiting citizens from using rubles to buy dollars

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As it scrambles to keep the ruble’s value from plummeting further, Russia’s central bank on Wednesday announced that it is prohibiting citizens from using rubles to buy dollars and other hard currencies for the next six months. “Banks will not sell hard currency to citizens during the period of the temporary order,” the central bank … Read more

US Threatens Chinese Companies with sanctions. (China’s response added)

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The Biden administration could “essentially shut” down Semiconductor Manufacturing International Corporation or any Chinese companies that defy U.S. sanctions by continuing to supply chips and other advanced technology to Russia, Ms. Raimondo said in an interview with The New York Times. https://www.nytimes.com/2022/03/08/technology/chinese-companies-russia-semiconductors.html Beijing has pledged to defend Chinese companies and individuals trading with Russia against … Read more

Biden to sign executive order that could bring U.S. one step closer to a digital currency.

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A U.S. digital currency could be on the horizon. The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC. The move is part of a sweeping executive order President Joe Biden signed Wednesday instructing the federal government to explore possible uses of and regulations … Read more

This is indicative of a society that is folding in on itself….

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(Breitbart) Through teacher training lectures with titles like “Cultivating Anti-Racists and Activists in Kindergarten,” “Decolonizing the Minds of Second Graders,” and “The White People Way,” the nation’s leading accreditation association for private schools is instructing educators to adopt a race-essentialist and cultural Marxist curriculum for children as young as five years old. The National Association … Read more

Man who received pig heart in ground-breaking transplant dies two months after surgery

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A terminally ill man who received a genetically-modified pig’s heart in a groundbreaking transplant has died two months after the surgery. Maryland hospital announced that David Bennett, 57, died on Tuesday. No exact cause of death has yet been established, but doctors said his condition had been deteriorating for several days. Mr Bennett’s son, David … Read more

HALF of Americans quit jobs last year…

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If you want to change careers, you are not alone. It turns out the “Great Resignation,” also known as the “Great Reshuffle,” has many Americans rethinking the type of work they are doing. Some 53% of employed U.S. adults who quit their job in 2021 changed their occupation or field of work at some point … Read more

$3,000 More For Gas & Food

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Prices at the pump have now soared to $4.173 per gallon for regular gasoline, according to Price Information Service (OPIS). This firm collects and calculates US pump prices for American Automobile Association (AAA). On Monday evening, prices surpassed the previous record high set in 2008 and continue marching higher Tuesday. As gasoline prices increase and inflation reaches … Read more

Biden economic advisor Brian Deese: The Goal for U.S. is to Reduce Fossil Fuel Use to “Zero.”

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Biden economic advisor Brian Deese: "The only viable path to energy independence" is to reduce fossil fuel use to "zero." pic.twitter.com/49q1Nav5hC — RNC Research (@RNCResearch) March 8, 2022 Loosening environmental regulations won’t lower prices. But transforming our economy to run on electric vehicles, powered by clean energy, will mean that no one will have to … Read more

Goldman’s EM financial conditions index is now the highest since Jan 2009.

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Many emerging markets may benefit from soaring energy and commodities prices, but tightening financial conditions will take their toll. And Goldman's EM financial conditions index is now the highest since Jan 2009. pic.twitter.com/z7CavcTXPM — Jamie McGeever (@ReutersJamie) March 9, 2022 The sales of mainland real estate continued to be weak in February. Brokerage Furui released … Read more

Thursday may bring a historic CPI reading, estimated to come in at the highest level in 40 years around 8% year-over-year.

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Thursday may bring a historic CPI reading, estimated to come in at the highest level in 40 years around 8% year-over-year. Readings like this really cast in to doubt the strength of the real (vs nominal) economic recovery.#inflation pic.twitter.com/CtbvZ6Z1xt — Markets & Mayhem (@Mayhem4Markets) March 7, 2022 Jerome Powell’s balancing act of trying to tame … Read more

If you want to impress your date and take them somewhere expensive in Moscow today ( the exchange rate is 150×1 ):

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If you want to impress your date and take them somewhere expensive in Moscow today ( the exchange rate is 150×1 ): pic.twitter.com/mmD2x86fdG — Igor Shatz (@Copernicus2013) March 9, 2022 We forecast Russia will see a massive GDP drop of -15% in 2022. Downside risk to that number is building fast as war escalates. Financial … Read more

Biden on gas prices: “It’s going to go up. Can’t do much right now. Russia is responsible.”… Joe Biden 2020: “I’ll do my job and take responsibility. I won’t blame others.”

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Yep, blame russia. Biden on gas prices: "It’s going to go up. Can’t do much right now. Russia is responsible." pic.twitter.com/7S3Z7GMxoP — Townhall.com (@townhallcom) March 8, 2022 It's hard to believe this has to be said, but unlike this president, I’ll do my job and take responsibility. I won’t blame others. And I’ll never forget … Read more