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Inflation
05/27/2022
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By Arsenio Toledo
French municipalities handing out food vouchers to deal with food inflation
Municipalities all over France have begun providing their residents with food vouchers to help families deal with spiraling food inflation. The vouchers are being distributed by many city governments. They can be cashed in at supermarkets and come in denominations of five, 20 and 30 euros. (Related: Nearly two-thirds of Americans are now living paycheck to […]
05/27/2022
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By Cassie B.
Americans outraged as Biden tries to paint skyrocketing gas prices as an “incredible transition” away from fossil fuels
With Memorial Day on the horizon, gas prices are on the minds of many Americans with travel plans. Unfortunately, the bad news at the pumps has only been getting worse lately, with gas prices widely expected to soar to record highs at different states throughout the nation this weekend. This is despite claims by President […]
05/27/2022
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By Mary Villareal
Food crisis looms: Sanctions against Russia threaten global food security
Russia’s war with Ukraine could potentially lead to millions of people going hungry as soaring food prices and unrests set off away from the conflict zone. Partly, or perhaps chiefly, to blame are the Democrat policies that short-changed the U.S. and left Americans grappling with a cost-of-living crisis with prices rising significantly faster than wages. Sanctions imposed by the […]
05/26/2022
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By Mary Villareal
US, China heaviest borrowers in first quarter as global debt soars to $305 trillion
The United States and the People’s Republic of China, the world’s two largest economies, are the heaviest borrowers in the first quarter of the year as global debt skyrocketed to $305 trillion. This was according to the Institute of International Finance (IIF). Data shows that China increased its debt by $2.5 trillion in the first quarter, […]
05/25/2022
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By Mary Villareal
Gasoline price in Los Angeles rises to as much as $7.83 a gallon – more than the federal minimum wage
Motorists in the United States are now grappling with sky-high gasoline prices that are reaching records daily. In some locations, a gallon of regular fuel is higher than the federal minimum wage of $7.25. For example, the Chevron station on Alameda St. is now charging $7.83 a gallon. California drivers are now paying more for […]
05/24/2022
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By Ramon Tomey
Thousands line up for cooking fuel in Colombo amid Sri Lanka’s economic collapse
Thousands of Sri Lankans lined up for cooking fuel on May 20 in the commercial capital Colombo. Many residents took the chance to stock up on much-needed fuel amid the country’s economic collapse. Lines formed in many parts of Colombo, home to around 900,000 people, as fuel deliveries arrived. In one distribution center, soldiers armed […]
05/20/2022
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By JD Heyes
Insanity: Washington state gas stations running out of fuel, adding another digit to signs in anticipation of $10 gas
As bad as Joe Biden and his far-left Democratic Party have made conditions in America just 14 short months after taking complete control of our country, the really bad news is things are only going to get worse. Much worse. Already, Biden’s policies and Democratic spending have created some of the worst inflationary conditions the […]
05/20/2022
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By Mary Villareal
EU committing economic suicide by imposing sanctions on Russia
Members of the European Union (EU) have found themselves in a precarious position by joining the U.S. in its proxy war against Russia. An observer noted that European countries are imposing more sanctions on Russia for purely political reasons and with the U.S. applying just enough pressure. Saying no to Russian energy will mean that […]
05/19/2022
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By Ethan Huff
Gasoline headed to $6.20 a gallon by August, warn JPMorgan analysts – EVERYTHING is going to get super expensive as a result
It is already this price in some parts of the country, but $6.20 per gallon is soon to become the national average for gasoline, according to JPMorgan analysts. Come August, the entire country will be paying more for a gallon of gas than minimum wage in the states of Georgia and Wyoming. Will the country […]
05/17/2022
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By Arsenio Toledo
Record-high diesel prices affecting US-Mexico trade, leading to more inflation
Truckers continue to struggle as diesel prices in the United States hit record levels. On Thursday, May 12, the average price of diesel in the U.S. hit a record-high of $5.62 a gallon, an increase of nearly 20 cents from a week ago. This also represents an increase of more than $1.50 a gallon from roughly two […]
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