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News & Articles By Arsenio Toledo
03/08/2022
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By Arsenio Toledo
US crude oil surges to 13-year high of $130 a barrel as Russia-Ukraine war escalates
As oil buyers and investors race to replace Russian crude oil, its price has surged to a 13-year high of $130 a barrel. Right around when the Russian invasion of Ukraine began, the price of oil went above $100 a barrel for the first time since 2014. Since then, the price of oil has skyrocketed even […]
03/04/2022
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By Arsenio Toledo
Oil prices surge to multi-year highs as Ukraine conflict causes ripple effect in global oil supplies
Oil prices are climbing to multi-year highs as the ongoing conflict Russia has embroiled itself in is preventing it from exporting a vast supply of crude, causing a ripple effect on global oil supplies. Russia is the second-largest producer of oil in the world. According to 2020 data from the Energy Information Administration, Russia produced over […]
03/02/2022
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By Arsenio Toledo
Major household goods companies raising prices on popular products due to inflation
Many of America’s major household goods manufacturers are raising the prices of their products in response to rapid inflation, disastrous economic policies and ongoing international crises. Colgate-Palmolive, known for its line of personal care products including toothpaste, recently said that it is releasing a line of $10 toothpaste. CEO Noel Wallace said in an industry conference […]
03/01/2022
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By Arsenio Toledo
Ongoing Russia-Ukraine conflict pushing global economy closer to collapse
The ongoing conflict between Russia and Ukraine is causing dire ramifications not just for their economies, but for the world’s as well. The economy of the United States is also getting affected. World stocks are already tumbling, while oil prices are soaring as the Russian invasion of Ukraine continues and most Western nations ramp up […]
03/01/2022
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By Arsenio Toledo
Russia-Ukraine conflict not helping American companies with their supply chain problems
The United States has spent the past two years dealing with supply chain problems. The ongoing conflict in Eastern Europe between Russia and Ukraine is expected to make the situation even worse. The added strain to America’s supply chains comes as the conflict causes the price of crude oil to surge to over $100 per […]
02/27/2022
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By Arsenio Toledo
Russia selling crude oil at massive discounts as regional conflict turns away regular trading partners
Russia is selling its crude oil at record discount rates as the country prepares for the possibility of tough sanctions from Western nations following the beginning of its war with Ukraine. The crude oil from the oil-rich Ural Mountains region was offered at $11.60 a barrel below Dated Brent, which is one of several internationally […]
02/24/2022
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By Arsenio Toledo
State and federal regulations cause gas prices to surge in California
Californians were left reeling on Wednesday, February 23, as gas prices surged all over the state – with parts of Los Angeles being forced to pay upwards of $6 per gallon. The national average price of regular gasoline was at $3.53 on Tuesday, up 21 cents from a month ago and 90 cents from more than […]
02/23/2022
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By Arsenio Toledo
Bitcoin’s value continues to shrink amid Russia-Ukraine conflict; investors turn to gold and silver
The values of Bitcoin and other cryptocurrencies are crashing as the crypto market reacts negatively to the escalation of tensions in Eastern Europe between Russia and Ukraine. Meanwhile, the trading prices of precious metals like gold and silver are surging like never before. This is according to financial analysts David Morgan and John Perez, who […]
02/22/2022
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By Arsenio Toledo
BIDENFLATION: Rents increased by nearly 20% in 2021 due to runaway inflation and disastrous economic policies
The runaway inflation caused by President Joe Biden’s disastrous economic policies is making it more difficult for Americans to pay rent. The median rent in most of America has surged by nearly 20 percent. This information is according to an analysis of rental properties listed on the website of real estate company Realtor.com. The Associated Press […]
02/05/2022
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By Arsenio Toledo
US factory orders PLUMMETED in December due to inflation, shortages
The latest report from the Department of Commerce revealed that factory orders in American factories dropped by 0.4 percent in December. This is the largest month-to-month drop since April 2020. Initial forecasts by economic analysts believed factory orders would only drop by 0.2 percent. New data from the Commerce Department has also shown that factory orders for American-made […]
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