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News & Articles By Kevin Hughes
11/17/2022
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By Kevin Hughes
Binance strategy chief takes a swipe at FTX following the latter’s bankruptcy filing
The head of strategy for cryptocurrency exchange firm Binance took a swipe at beleaguered rival FTX immediately after the latter filed for bankruptcy. “This is the direct result of a rogue actor breaking every single basic rule of fiscal responsibility,” Binance Chief Strategy Officer Patrick Hillmann said in a statement given to the Wall Street Journal (WSJ). […]
11/16/2022
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By Kevin Hughes
Report: FTX utilized customer funds to prop up beleaguered Alameda Research
Failed cryptocurrency firm FTX Trading Limited and its disgraced former CEO Sam Bankman-Fried moved customer assets to prop up trading company Alameda Research, after it suffered from multiple losses in May and June 2022. A Nov. 3 Reuters report elaborated on this claim, citing three people familiar with FTX operations. The sources said Bankman-Fried moved at […]
11/15/2022
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By Kevin Hughes
Lawfare with Tom Renz: Fairness is equal OPPORTUNITY, not equal outcome – Brighteon.TV
Lawyer Tom Renz discussed freedom and providing opportunities to people during the Nov. 8 episode of his Brighteon.TV program “Lawfare with Tom Renz.” He shared the story of William Bradford, long-time governor of the Plymouth Colony. He and other Pilgrims came to America to flee persecution in Europe and enjoy religious freedom. Under Bradford’s leadership, […]
11/11/2022
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By Kevin Hughes
Hedge fund giant warns of worldwide societal collapse following financial downturn
A prominent hedge fund manager has warned of worldwide societal collapse following a financial downturn. In his recent podcast, Brighteon.com and Natural News founder quoted a letter by Elliot Investment Management President Paul Singer about the unfolding financial situation that could possibly trigger the downfall of societies around the world. In a letter sent to investors, Elliot […]
11/10/2022
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By Kevin Hughes
Meta plans to sack thousands of employees amid severe drop in revenue
Meta, Facebook’s parent company, is planning to announce a massive layoff of employees amid a severe drop in revenue. “Meta Platforms Inc. is planning to begin large-scale layoffs this week … in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the pandemic,” according to the […]
11/08/2022
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By Kevin Hughes
Walmart, Aldi ROLL BACK prices of food items for Thanksgiving, confirming food inflation has taken a toll
Big-box retailers Walmart and Aldi announced they will roll back prices of their food items for Thanksgiving, a welcome respite for inflation-weary American families. Aldi first made the declaration on Nov. 1, with its Thanksgiving Price Rewind promotion guaranteeing inexpensive prices on holiday necessities. “Starting Nov. 2, holiday favorites – ranging from appetizers, desserts, sides […]
11/02/2022
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By Kevin Hughes
Study: States that implemented COVID lockdowns suffered major ECONOMIC LOSSES
A new study revealed that states that implemented lockdowns to curb the Wuhan coronavirus (COVID-19) suffered major economic losses as a result. The study, penned by researchers from the Minnesota-based Center of the American Experiment (CAE), calculated the cost of closed businesses and lost jobs per resident between January and March 2021 in all 50 U.S. states. […]
11/02/2022
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By Kevin Hughes
Steel giant ArcelorMittal forced to shut down two massive German steel facilities due to energy crisis
ArcelorMittal, the world’s second-biggest steel company, was forced to shut down manufacturing plants in Germany due to the worsening energy crisis there. The steel giant stopped operations at one of its largest steel plants in the German city of Hamburg in September before shutting down a blast furnace at its Bremen facility in October. The shutdowns sent shockwaves throughout […]
10/31/2022
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By Kevin Hughes
Copper faces long-term SHORTAGE as experts expect demand to exceed supply in the coming years
The copper market may face a shortage by the end of the decade. BHP Group Ltd. CEO Mike Henry pointed out that despite sufficient reserves of metals essential for decarbonization – such as copper, nickel and lithium – there remains the danger of “a mismatch between the timing of [an] increase in demand and when […]
10/25/2022
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By Kevin Hughes
Global policymakers: Economic downturn could become an abrupt economic collapse
Global policymakers warned that economic downturn felt across the globe could become an abrupt economic collapse due to high inflation, soaring energy costs and rising interest rates. Reflecting a poor outlook, a U.S. inflation report projected the Federal Reserve raising interest rates at an alarming pace. This could push the dollar higher, sending the price of imports […]
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