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News & Articles By Richard Brown
10/09/2023
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By Richard Brown
HAZARDOUS AIRBAG: General Motors faces recall of 20 million vehicles
General Motors (GM) is facing the grim possibility of recalling approximately 20 million vehicles equipped with a potentially hazardous airbag component, according to the Wall Street Journal (WSJ). Government authorities have urged for these vehicles to be recalled to prevent further harm or fatalities. This development places GM among the companies most affected by the U.S. […]
10/09/2023
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By Richard Brown
Iraq to BAN cash withdrawals and transactions in U.S. dollars starting next year
The Iraqi government will ban all cash withdrawals and transactions in U.S. dollar starting Jan. 1, 2024. Mazen Ahmed, director-general of investment and remittances at the Central Bank of Iraq (CBI), said people who deposit dollars into banks before the end of 2023 will still be able to withdraw these funds in dollars next year. However, […]
10/03/2023
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By Richard Brown
Target partners with Homeland Security in bid to curb surge in retail theft
Amid the closure of several of its stores, Target has announced its partnership with the U.S. Department of Homeland Security to address the surge in theft. The retail giant has also committed to making substantial investments in cyber defense as it grapples with escalating criminal activity. In a statement issued to its customers, the popular […]
09/29/2023
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By Richard Brown
De-dollarization efforts continue: BRICS member nations reduce U.S. treasury holdings to boost local currency value
The United States dollar has reigned supreme as the world’s dominant currency for nearly eight decades. However, a coalition of emerging economies, weary of the Western world’s pervasive influence on global governance and finance, is determined to diminish its prominence. Several members of the BRICS economic alliance, including China, Brazil and India, have been divesting […]
09/27/2023
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By Richard Brown
Tyson Foods shuts down 4 facilities amid losses – another blow to the food supply
Tyson Foods Inc. is taking decisive measures to address the challenges posed by escalating costs and streamline its operations, including the closure of multiple chicken processing plants. Last month, the company announced the shutdown of four facilities – those in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri; and Noel, Missouri. These closures are part of […]
09/26/2023
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By Richard Brown
As Americans find Biden too old, Blackstone CEO sees surprise in 2024 elections
Nearly eight out of 10 Americans think President Biden is too old to serve another term, including 69 percent of Democrats. This is why Steve Schwarzman, a 76-year-old prominent Republican donor, believes that the 2024 elections might introduce a surprise element. “Apparently, the public is not that interested in really older people,” Schwarzman said in […]
09/20/2023
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By Richard Brown
G20 endorses “digital public infrastructure” that pushes DIGITAL CURRENCIES – something most Americans oppose
The Group of 20 (G20) is exploring the possibility of a “digital public infrastructure” (DPI) that could lead to digital identification systems and the potential development of a centralized digital currency. The G20 is composed of the European Union and 19 other influential nations. Together, they represent a substantial portion of the global economy, international trade […]
09/14/2023
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By Richard Brown
Another one bites the dust: Major car dealership files for bankruptcy, fires all employees
Carlos Lopez traveled from Tampa to Orlando to purchase a car only to be told that Florida-based dealership chain Off Lease Only has closed down and filed for bankruptcy. “The salesman that I was meeting with called me and told me, ‘Hey, I have bad news. The company just went out of business. We’re all […]
09/12/2023
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By Richard Brown
Portland business owner who supported Antifa and BLM riots shuts down taproom due to significant financial losses
“Please smash all my windows if it will be a step toward change.” This controversial statement came from Nat West, a business owner in Portland, Oregon, who openly supported the city’s Antifa and Black Lives Matter (BLM) riots in 2020. Now, the proprietor of Reverend Nat’s Hard Cider announced the permanent closure of his taproom […]
09/12/2023
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By Richard Brown
Oil industry warns of imminent refining crisis, thanks to Biden’s “green” policies that equate to energy SABOTAGE against America
President Joe Biden’s unconventional and assertive stance toward the U.S. oil exploration and production (E&P) sector has drawn criticisms. This has even led some to suggest the Federal Reserve intentionally sells oil to keep prices low and ensure his reelection. With the U.S. Strategic Petroleum Reserve significantly depleted, speculation has grown that the Fed may […]
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