Speculators trading derivatives based on oil and fuel price moves have taken the most bearish positions on oil prices since 2011, according to Bloomberg, indicating they see a recession ahead that will tank oil prices.
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YUAN’S VALUE SHRINKS AGAINST THE DOLLAR
On 17 May, the value of China’s yuan shrank both domestically and internationally, rising past the key benchmark of 7 to the dollar, another sign that the Asian giant’s economic recovery has stumbled.
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JAPAN’S STOCK MARKET CLIMBS TO 33-YEAR HIGH
The Nikkei 225 stock index has risen 16 percent this year and the broader Topix index 13.9 percent, making Japan’s equity market a surprise star performer in 2023.
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CORPORATE BANKRUPTCIES TO REACH 13-YEAR HIGH, DATA INDICATES
Through April, at least 230 U.S. corporations have filed bankruptcy this year, more than any year’s first third since 2010, The New York Times found.
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CONFIDENCE IN SUPREME COURT HITS ALL-TIME LOW IN 2022: POLL
American confidence in the Supreme Court is at its lowest point ever amid continued fallout after the court’s decision to overrule Roe v. Wade last June, according to a new survey.
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NEW YORK TIMES CELEBRATES TUCKER CARLSON’S FIRING, SAYS ‘FAR-RIGHT’ LOSES ‘A FOOTHOLD’ IN MAINSTREAM NEWS
Mainstream news outlets call anyone who does not swallow their propaganda and speaks out in favor of freedom and individual liberties “far-right” in an effort to tarnish the message as racist and extreme.
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YOUR SANDWICH IS KILLING YOU, PART II
Earlier this year, we reported on how the common sandwich—dripping with mayo and stacked with processed meats—is killing you.
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NON-SUGAR SWEETENERS DON’T HELP YOU LOSE WEIGHT, AND CAN BE HURTING YOU: WHO
Artificial sweeteners should not be used by individuals as a weight-loss tool because they are ineffective in the long term and could have a negative impact on your health, the World Health Organization said last week.
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COVID WAR SYNDROME: ORGANIZED RETAIL CRIME IN 2023 ON “TARGET”
Target, the ubiquitous chain store known for selling everything from coffee machines, toothpaste, and big screen TVs, said last week that it will lose about $1.3 billion from its bottom line this year thanks to “theft and organized retail crime.”
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COVID-19 FALLOUT: KIDS HAVING TROUBLE SPEAKING THANKS TO LOCKDOWNS
Alarming studies are beginning to emerge that show a significant increase in speech delays for children after politicians needlessly locked them down and kept them from socializing during the COVID-19 outbreak.
