The economy is seeing a widening wave of closures, bankruptcies, and downsizing as companies respond to soft demand and tightening margins.
Category: 19 May 2026
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Jobless claims remain low and unemployment is holding near 4.3 percent but companies aren’t hiring and layoffs tied to AI restructuring and cost cutting are increasing, according to U.S. News and World Report.
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SMOTRICH WANTS ISRAEL TO DITCH DIVIDING WEST BANK INTO AREAS BECAUSE THE LAND BELONGS TO ISRAEL
Bezalel Smotrich, Israel’s finance minister, called on Tel Aviv to stop referring to parts of the West Bank as Areas A, B, and C because the land belongs to Israel, according to a report.
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ISRAELIS CHANT ‘DEATH TO ARABS’…HARDLY A PEEP IN THE MAINSTREAM NEWS MEDIA
Israelis marked the annual Jerusalem Day march by chanting “death to Arabs” and “Gaza is a graveyard” to mark what Israeli nationalists recognize as the day Israel captured East Jerusalem in 1967, according to Al Jazeera.
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GAZA/LEBANON DEATH TOLL
Israel killed over 72,772 Palestinians since the genocide began in Gaza in October 2023.
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NETANYAHU BRAGS THAT ISRAEL NOW CONTROLS EVEN MORE LAND IN GAZA
Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel is continuing to tighten its grip on Hamas inside Gaza and has stolen even more land inside the enclave since the ceasefire.
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ULTRAPROCESSED FOOD INTAKE TIED TO HIGH ASTHMA RISK IN KIDS + MORE
Children who consumed 30% or more of total energy from ultraprocessed foods (UPFs) had a nearly fourfold higher risk of developing asthma during the early school years than peers who consumed less; no significant association was observed between the consumption of UPFs and the risk for other allergic diseases.
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TOP IRANIAN ADVISER WARNS TRUMP NOT TO FALL INTO ISRAEL’S ‘STRATEGIC TRAP’
A top adviser to Ayatollah Mojtaba Khamenei said in a social media post on Sunday that President Donald Trump risks falling into a “strategic trap” that has been set up by Israel.
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IRAN’S TOP DIPLOMAT SAYS U.S. IS IN DECLINE, IRAN WILL NEVER SURRENDER
Abbas Araghchi, Iran’s top diplomat, attended a BRICS meeting last week in New Delhi and spoke about the U.S.’s illegal war of aggression against his country and likened Washington’s war to the last, desperate throes of a declining power.
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IRAN’S DEFENSE SYSTEMS REMAIN ‘ROBUST,’ DESPITE TRUMP’S CLAIM THAT THEY HAD BEEN ‘DESTROYED’
U.S. intelligence agencies have been warning lawmakers in Washington that, despite the claims from the Trump administration that Iran’s military has been decimated, Tehran still maintains a lethal supply of missiles and drones that pose a formidable risk to forces in the region.