Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies swallow another piece of the global economy.
Author: admin (Kendrick Williams)
SPOTLIGHT: THE DIESEL FUEL CRUNCH
While gasoline prices have risen 14 percent so far this year, diesel’s price has shot up by 50 percent to a record $5.35 a gallon, according to the American Automobile Association.
SPOTLIGHT: INFLATION
Europe’s banks should set aside greater reserves to cover bad loans, regulators should require investment funds to hold more cash to cover a surge in withdrawals, and the European Central Bank (ECB) should not delay in beginning to sell its €5-trillion bond hoard next year, bank vice-president Luis de Guindos said in a statement accompanying the ECB’s semi-annual review of the region’s financial stability.
AS FORECAST: COVID WAR WOULD SPIKE CRIME
Gerald Celente has long said: When people lose everything, they lose it. Target, the major retail store, announced last week that it expects shoplifting to cost its bottom line this year $600 million in lost profits this year.
COVID CLOWN SHOW: JOHN KERRY BECOMES LATEST FULLY VAXXED DRUG PUSHER TO COME DOWN WITH VIRUS
John Kerry, the U.S. special envoy for climate change, announced last week that he came down with COVID-19 despite being “fully vaccinated and boosted,” joining the long list of drug pushers who came down with the virus.
IRANIAN PROTESTS TURN INTO AN ANTI-REGIME MOVEMENT, AS FORECAST
Iran’s government is facing its biggest challenge in decades after deadly protests broke out across the country after a woman’s death in morality police custody grew into a larger movement that threatens Ayatollah Ali Khamenei’s grip on the country.
BOMBS AWAY OVER SYRIA: ISRAEL CONTINUES ITS WAR WITH SYRIA
Israel carried out an airstrike against Syrian forces early Saturday that resulted in the deaths of four Syrian troops and injuring one.
ISRAEL BLAMED FOR FIRE THAT KILLED 21 IN GAZA
Hamas blamed the Israeli blockade on the Gaza Strip for contributing to the devastating house fire last week that killed 21 people at a party celebrating a birthday and graduation.
PUTTING AN END TO VOLODYMYR ZELENSKY’S FOLLIES
One week ago, the Ukrainian government may have deliberately attacked neighbor Poland in an attempt to draw the NATO alliance into its war with Russia.
TRENDS IN SURVEILLANCE
Call it Christopher Wray’s “You mean, like wipe it with a cloth?” moment.