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News & Articles By Arsenio Toledo
09/06/2023
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By Arsenio Toledo
Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months
Latest report from the Bureau of Labor Statistics (BLS) shows that American employers added 187,000 jobs in August. But in reality, the country lost over 670,000 jobs in July and August. The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting […]
09/05/2023
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By Arsenio Toledo
Massive government spending is keeping inflation high, warns market expert
The government is not getting its massive spending under control, and this could undermine the Federal Reserve’s ongoing fight against inflation. Market expert Larry McDonald warned that America’s fiscal situation will get worse without any change. “No one is calling them out,” he said. “Washington is stepping on the gas – colossal deficit spending – and […]
09/01/2023
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By Arsenio Toledo
Taxpayer money going down the drain: Biden circumvents SC decision, cancels $72M in student debt
President Joe Biden has made good on his promise to circumvent a Supreme Court decision. The Biden administration recently canceled student loans amounting to $72 million for 2,300 students who were deceived by the now-defunct Ashford University. Based on an independent review by the Department of Education (ED) the degrees obtained by the students are “effectively worthless.” This […]
08/28/2023
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By Arsenio Toledo
Fast-food chains under Yum! Brands to go CASHLESS soon: Taco Bell, Pizza Hut, KFC to REJECT cash
Yum! Brands, the parent company of many well-known fast-food chains like Taco Bell, Pizza Hut and KFC, is planning to eventually move to 100 percent digital sales at its restaurants. This is according to Yum! Brands Chief Financial Officer Chris Turner, who noted during an earnings call the corporation’s goal to gradually shift to full […]
08/24/2023
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By Arsenio Toledo
IMPLOSION: Latest data shows Europe’s economy has contracted to its lowest activity level since first year of pandemic
Data coming out of Europe shows that business activity this month has contracted to its lowest level since November 2020. In the Eurozone – the parts of the continent that currently use the euro as its main legal currency – the HCOB Flash Eurozone composite purchasing managers’ index (PMI) fell to 47.0 in August from 48.6 in July, its […]
08/23/2023
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By Arsenio Toledo
Breitbart’s John Carney: BRICS currency is NOT A THREAT to the US dollar
For Breitbart Economics Editor John Carney, a potential BRICS currency should not be considered a threat to the supremacy of the United States dollar. Carney made this claim during an interview with Fox Business host Larry Kudlow on Friday, Aug. 18. This claim was made before the 15th BRICS summit in Johannesburg. (Related: BRICS bloc discussing possible expansion as […]
08/22/2023
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By Arsenio Toledo
BRICS block discussing possible expansion as it seeks to “upend” the US dollar
In an opinion piece published for Fox News, strategic intelligence analyst Rebekah Koffler warned that the BRICS bloc wants to “upend” the United States dollar. The BRICS bloc of developing economies, formed in 2009, is currently meeting for its 15th summit in Johannesburg, South Africa, with the goal of the meeting being to discuss possible expansion […]
08/16/2023
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By Arsenio Toledo
German Vice Chancellor Habeck calls Biden administration’s unlimited fund for “green” projects a DECLARATION OF WAR
The world’s economies, both large and developing, are competing to offer the best subsidies to corporations to kickstart their green energy industries. But many countries, even those with more developed economies, are struggling to compete with the incentives being offered by the United States. The massive tax credits have even wrinkled American allies in the […]
08/16/2023
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By Arsenio Toledo
END OF THE DOLLAR: South Africa says over 40 countries want to join BRICS
Over 40 other countries are looking to join the BRICS bloc of developing economies. If these nations were given the opportunity to be full-fledged members, this could lead to approximately 85 percent of the global population turning away from using the United States dollar as its main foreign currency. This is according to financial expert […]
08/15/2023
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By Arsenio Toledo
Sam Bankman-Fried indicted AGAIN for allegedly using $100M in stolen customer funds for political donations
A new indictment filed by federal prosecutors against cryptocurrency exchange FTX co-founder Sam Bankman-Fried alleged that he used more than $100 million in stolen customer funds to make political campaign contributions right before the 2022 United States midterm elections. The 31-year-old former billionaire was charged with seven counts of conspiracy and fraud after the collapse of […]
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