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News & Articles By Ramon Tomey
01/20/2023
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By Ramon Tomey
Report: Conservatives boycotted Bed Bath & Beyond after it cancelled MyPillow and Mike Lindell
A recent report revealed that conservatives have staged a boycott of home goods retailer Bed Bath & Beyond (BBB) after it cancelled MyPillow and its CEO Mike Lindell. According to a Jan. 18 post by the Gateway Pundit, BBB initially dropped MyPillow products from its stores in January 2021. The retailer’s move became a cause […]
12/14/2022
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By Ramon Tomey
UK prepares to introduce central bank-backed digital pound
The United Kingdom is preparing to introduce the digital pound backed by the Bank of England (BoE), essentially making the idea of a trackable central bank digital currency (CBDC) a reality. British Chancellor of the Exchequer Jeremy Hunt confirmed this, adding that the BoE will begin consultations for the CBDC’s design. The digital pound sterling […]
12/07/2022
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By Ramon Tomey
Walmart CEO: Rampant organized shoplifting could lead to price hikes, store closures
The CEO of retail behemoth Walmart warned that rampant shoplifting could lead to price hikes and store closures. “Theft is an issue. It’s higher than what it has historically been,” Walmart CEO Doug McMillon said during a Dec. 6 appearance on the CNBC program “Squawk Box.” “If that’s not corrected over time, prices will be higher […]
12/05/2022
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By Ramon Tomey
Unemployment in Germany continues to increase, government data show
The unemployment rate in Germany continues to increase, according to data from the German Federal Employment Agency (BA). Figures from the BA showed that the number of unemployed Germans increased to 2.54 million in November after 17,000 people lost their jobs. The figures released on Nov. 30 also showed the country’s unemployment rate increased to […]
11/30/2022
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By Ramon Tomey
11 Countries have already adopted central bank digital currencies and 105 others are considering it
Central bank digital currencies (CBDCs) are already in use in 11 countries, and 105 other nations are considering adopting the technology. Washington, D.C.-based think tank The Atlantic Council (TAC) defined a CBDC as “virtual money backed and issued by a central bank.” It named 10 countries in the Caribbean, alongside the West African country of Nigeria, as early adopters of […]
11/17/2022
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By Ramon Tomey
Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency
Bitcoin’s sudden drop in value, triggered by the collapse of cryptocurrency exchange company FTX, dealt a “deadly blow” to the Central American nation of El Salvador. The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic recession seriously […]
11/15/2022
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By Ramon Tomey
Texas judge strikes down Biden’s student loan forgiveness plan
A federal judge struck down the student loan forgiveness plan put forward by President Joe Biden. Had the plan pushed through, hundreds of billions of dollars in student loans would be canceled – setting a disastrous precedent. District Judge Mark Pittman, a magistrate for the U.S. Northern District of Texas, nixed the plan in his Nov. 10 […]
10/14/2022
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By Ramon Tomey
Taipei to comply with US chip export rules directed at Beijing
Taiwan will comply with new rules on semiconductor chip exports put in place by the U.S., even though the rules from Washington were originally aimed at Beijing. The Department of Commerce (DOC) announced the sweeping new export controls on Oct. 7, that will cut China off from certain semiconductor chips that are made with U.S. […]
10/07/2022
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By Ramon Tomey
Saudi Arabia fortifies relations with Russia, thumbing its nose to the West
As major Western powers are cutting ties with Russia amid its invasion of Ukraine, Saudi Arabia appears to be doing the opposite by strengthening relations with Russia. According to the Guardian, Russian President Vladimir Putin and Prince Mohammed bin Salman – the Saudi prime minister – have a lot in common. It mentioned that both […]
09/29/2022
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By Ramon Tomey
Tech and hardware stores now LOCKING UP goods to prevent losses due to thefts
Stores are locking up items that they are selling in a bid to prevent inventory losses from thefts. Big-box stores Best Buy and Home Depot are now following the practice. One Best Buy store in Houston is now securing high-value electronics, such as speakers and activity trackers. The products were displayed in full view of […]
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