Gerald Celente introduces the 9 January 2024 issue of The Trends Journal and warns about the Ukraine and Israel wars, and the direction of the economy.
Tag: news
Post
KEY INFLATION GAUGE COMES IN HIGHER THAN EXPECTED
Despite the Federal Reserve raising interest rates five times this past year, inflation continues to be much higher than the central bank’s 2 percent target. The Personal Consumption Expenditures inflation measure, which was released Friday, showed the index rose last month by 6.2 percent from a year ago, which was slightly down from 6.4 percent...
Post
SPOTLIGHT: BIGS GETTING BIGGER
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. Here are some more of what the BIGS have been gobbling up and how the Bigs keep getting bigger and the rich keep getting richer. It should be noted...
Post
ONLY IN TURKEY: INFLATION RISES, INTEREST RATES FALL
Despite inflation edging above 80 percent in August, Turkey’s central bank cut its benchmark one-week repo rate last week from 13 percent to 12. The country’s lira currency took yet another step down after the announcement, to 18.387 against the dollar. The lira has lost almost a third its value against the greenback so far...
Post
NEW U.K. STIMULUS PLAN POUNDS DOWN POUND
To revive the British economy and snatch it from the brink of recession, newly appointed Prime Minister Liz Truss’s new government proposed the sharpest tax cuts in 50 years and pledged to cap household utility bills. In August, inflation in the U.K. ran at almost 9.9 percent. The Bank of England has raised its key...
Post
THE ELITE BLUEPRINT FOR THE FUTURE
“Clean” Energy isn’t clean. The emissions and impacts on the environment of making EVs, wind turbines and solar panels and associated equipment is an enormous cost often hidden by tallies of the supposed benefits of these technologies. They can’t scale to provide equivalent amounts of energy as current systems, even with enormous expenditures and environmental......
Post
AI PROBABLY WILL BECOME IMPOSSIBLE TO CONTROL, RESEARCHERS WARN
A “super-intelligent” artificial intelligence (AI) very likely would become so capable that humans would no longer be able to direct or contain its behavior, several researchers have warned in a study published in the Journal of Artificial Intelligence. Odds are that such an AI eventually will be created, the group said. To control it, scientists......
Post
UKRAINIAN SABOTEURS TAKE AIM AT RUSSIAN MILITARY COMPLEXES IN CRIMEA
Ukrainian saboteurs have been blamed for successfully carrying out attacks inside Crimea, which was annexed by Russia in 2014, which shows the latest example of how the war continues to expand with no end in sight. The Trends Journal noted last week, in an article titled, “ZELENSKY SAYS UKRAINE WAR WILL END WHEN RUSSIA LEAVES...