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News & Articles By Belle Carter
05/05/2023
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By Belle Carter
Russia to resume foreign exchange purchases to boost currency reserves
Russia is expected to resume buying foreign currency for its reserves as early as this month or later this year. The country halted foreign exchange purchases in late January 2022 and further suspended the program following the outbreak of the conflict in Ukraine. According to Bloomberg Economics, the move aims to bolster Russia’s reserves as growing energy revenues “stabilize” […]
05/04/2023
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By Belle Carter
Arizona and Texas to become hubs for EV, battery and semiconductor companies
The states of Arizona and Texas are becoming a hub for makers of electric vehicles (EVs), batteries and semiconductors. LG Energy Solution has announced a $5.5 billion battery manufacturing facility near Phoenix, while Taiwan Semiconductor Manufacturing Co. (TSMC) is investing $40 billion to open the company’s second chip plant in Arizona. “We always had a […]
05/03/2023
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By Belle Carter
Government theft of home equity rooted in FEUDALISM, finance expert says
Finance expert Dan Eastman believes the government’s theft of home equity is rooted in feudalism. He put forward this argument during an appearance on “Brannon Howse Live,” telling the “Worldview Report” host that the practice has its roots in feudal Europe between the ninth and 15th centuries. Under this system, a person of authority gives “strong […]
04/28/2023
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By Belle Carter
Dollar DEMISE: Yuan overtakes dollar in China’s cross-border payments
Data from China’s State Administration of Foreign Exchange (SAFE) revealed that the Chinese yuan (CNY) surpassed the United States dollar (USD) as the most-used currency in China’s cross-border transactions last month. Cross-border payments and receipts in yuan surged from the equivalent of $434.5 billion in February to a record $549.9 billion in March, according to […]
04/27/2023
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By Belle Carter
Argentina sees boom in lithium production as Chile tightens control
Sitting within the so-called “lithium triangle,” Argentina’s strong pipeline of lithium projects seeks to unlock a wave of production that could see its output of the key electric vehicle battery metal triple within the next two years. The projects are soon to go online in the mountainous north of Argentina, the world’s fourth-largest producer of lithium, a […]
04/27/2023
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By Belle Carter
FedEx shuts down pilot bases in Alaska, California and Germany to cut billions in structural costs
Global supply chain market intelligence provider FreightWaves recently reported that FedEx will be closing pilot bases in Alaska, California and Germany, a big piece of the parcel carrier’s strategy to streamline operations and improve efficiency and profitability. The said decision is also a part of the company’s aggressive campaign – dubbed “DRIVE” – to eliminate […]
04/25/2023
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By Belle Carter
David DuByne: US gov’t accelerated collapse of financial institutions to introduce CBDCs – Brighteon.TV
“Adapt 2030” host David DuByne has denounced the U.S. government for pushing central bank digital currencies (CBDCs) that it previously deemed “unthinkable.” During the April 14 edition of his program on Brighteon.TV, he slammed Washington for accelerating the collapse of financial institutions to introduce CBDCs. “This is a track-and-trace digital ID that puts a social credit score […]
04/25/2023
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By Belle Carter
Mannarino chides Federal Reserve for DOWNPLAYING financial collapse as “mild recession”
Capital markets trader Gregory Mannarino has chided the Federal Reserve for downplaying the full extent of the financial collapse as merely a “mild recession.” “A mild recession? Meanwhile, we just got news … that the economy is actually slowing down faster than they believed it would; with employment growth slowing faster than they thought it […]
04/18/2023
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By Belle Carter
Gen Y and Z Brits resorting to “buy now, pay later” schemes to manage finances
Britons part of Generations Y and Z are four times more likely to rely on buy now, pay later (BNPL) schemes to keep up with the country’s cost-of-living crisis, according to a study by credit broker Credit Karma. The research done found that Generation Y and Z use BNPL schemes more frequently than older generations. […]
04/16/2023
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By Belle Carter
PULLING THE PLUG: Bank of America clients withdraw $2.3B from US securities, bank strategist says
Bank strategist Jill Carey Hall said in a note Tuesday, April 11, that Bank of America (BofA) clients sold around $2.3 billion in U.S. equities of all sizes last week, despite the relative quiet in the stock market. BofA financial analysts led by Hall indicated that that was the second consecutive week of outflows, but they […]
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