To add extra energy to a reviving economy, the government of Japanese prime minister Fumio Kishida will offer about $35 billion in temporary income and residential tax cuts and cash gifts to low-income households.
Author: admin (Kendrick Williams)
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CHINA LEADS WORLD’S CENTRAL BANKS TO RECORD GOLD PURCHASES
Central banks around the world bought roughly 800 metric tons of gold this year through September, 14 percent more than during the same period in 2022 to set a new record, according to the World Gold Council, a rate the council called “voracious.”
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EUROZONE UNEMPLOYMENT JUMPS IN SEPTEMBER
In September, 69,000 workers lost their jobs in the 20-nation Eurozone, nudging the jobless rate to 6.5 percent. More than 11 million people across the region are now out of work, 165,000 more than a year earlier, the Financial Times reported.
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GOING OUT OF BUSINESS TRENDS
The facts are clear, the numbers are there. The worst of the economic times is coming. Just take a look at the long list of businesses going out of business that we have been publishing each week.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
The U.S. job numbers reported last week, as we have detailed, were weak... as they are throughout much of the world.
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BANKRUPTCIES RISE AGAIN IN THIRD QUARTER
In this year’s third quarter, 182 major U.S. businesses filed bankruptcy, according to S&P Global Market Intelligence.
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FED HOLDS RATES STEADY
On 1 November, the U.S. Federal Reserve announced it will continue to hold its key interest rates steady at 5.25 percent on deposits and 5.5 percent on loans. The Fed has not changed the rates since July.
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STOP DRINKING THE POLITICAL KOOL-AID, AMERICA: VOTING WILL NOT SAVE US
We are one year out from the 2024 presidential election and as usual, the American people remain eager to be persuaded that a new president in the White House can solve the problems that plague us.
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STATE DEPARTMENT DIVIDE: DIPLOMATS CALL ON BIDEN ADMINISTRATION TO CONDEMN ISRAEL’S GAZA GENOCIDE
A leaked State Department memo from mid-level diplomats called on the Biden administration to call for a ceasefire in Gaza and that the U.S. should be able to publicly criticize the country’s bombing campaign in Gaza that has killed over 10,000—mainly women and children.
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COVID WAR: THE BATTLE OF CHILDHOOD IMMUNIZATIONS
Americans and citizens of other countries may be rejecting further COVID mRNA gene level treatments (deceptively equated by authorities to traditional vaccines) at levels between 70 and 80 percent.