humanitarian
biggovernment
secondamendment
firstamendment
freedom
risk
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 […]
05/26/2022
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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, […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
05/24/2022
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By Ramon Tomey
BAD POLICY: Indonesia LIFTS BAN on palm oil exports as domestic cooking oil prices plunge
Indonesia recently lifted its ban on palm oil exports as it caused a nosedive in domestic cooking oil prices. Indonesian President Joko Widodo announced the ban’s lifting in a May 19 video statement. First announced on April 28, the ban saw Jakarta halting shipments of crude palm oil and several products derived from it. The decision by […]
05/18/2022
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By Ethan Huff
Sri Lanka running out of fuel, has enough supply for only one more day
There are currently only enough petrol stocks in Sri Lanka to last about one day, warns Ranil Wickremesinghe, the controversial new prime minister of the Southeast Asian country. Power outages could last up to 15 hours a day with the way things are headed, he added, expressing “grave concern” about the additional problem of Sri […]
05/17/2022
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By News Editors
Settling wreckage from the past
Settling wreckage from the past with realities of the present can be difficult and painful. If you do the crime. You must do the time. (Article by MN Gordon republished from EconomicPrism.com) When it comes to financial markets and the economy, this can take many forms. Some of the most common include bankruptcy, shuttered businesses, and […]
05/16/2022
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By News Editors
Our world of lies
As Russia is an exporter of energy and minerals, higher prices result in more export earnings. It is Americans and Europeans hit with the high prices who are experiencing the sanctions. (Article by Paul Craig Roberts republished from FreeWestMedia.com) Ask yourself why with supply shortages, disrupted supply chains from the mindless lockdown policy, and rising inflation […]
05/12/2022
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By News Editors
Biden: Inflation is everybody’s fault but mine
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room, however, for any sound economics in a speech that was little more than a […]
05/10/2022
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By Kevin Hughes
Inflation expected to persist in India despite surprising rate hike by its central bank
India’s central bank raised its key policy rate for the first time since June 2018, a surprising move that led to an extensive selloff in bonds. But an economist expects the inflation to continue at least until the end of the year. Upasana Bhardwaj, senior economist at Kotak Mahindra Bank, said in an interview with […]
05/09/2022
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By Kevin Hughes
Treasury Secretary Janet Yellen admits Biden’s spending spree is affecting inflation
United States Treasury Secretary Janet Yellen recently admitted that President Joe Biden’s $1.9 trillion American Rescue Plan did play a role in inflation. The former head of the Federal Reserve told the Wall Street Journal editor-in-chief Matt Murray that the White House’s huge spending has contributed to the current inflationary environment, but quickly added that it was “justified” because of […]
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