californiacollapse
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migrants
openborders
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economic collapse
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 […]
04/08/2022
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By Mary Villareal
Poor countries feel the brunt of surging prices as governments crank up handouts to help cover the costs
The surge in food and fuel prices has pressured governments to pick up the tab for their citizens, effectively stretching public finances and intensifying political instability in fragile economies. Government handouts have kept fuel and food price protests in check, but it may prove too much to bear for poorer countries. Protests have broken out […]
04/07/2022
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By Arsenio Toledo
Peru’s leftist government calls in military, imposes curfew to crack down on inflation protests
The global inflation crisis is causing a massive social upheaval all over the world. In Peru, the left-wing government has resorted to calling in the military and imposing a curfew to prevent protests from escalating. The Peruvian economy was already struggling before commodity prices jumped to record highs due to the ongoing supply chain crisis […]
04/06/2022
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By Kevin Hughes
Business and investing podcaster M.C. Laubscher: Entire world will suffer because of sanctions on Russia
Russia and the rest of the world are going to suffer because of the Russian sanctions, according to well-known business and investing podcaster M.C. Laubscher. “So these sanctions, if you want to break it down, who does the sanctions really hurt in the long run? Well, all of the people all over the world are […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
03/25/2022
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By News Editors
Putin puts Biden’s king in check
The absolute stupidity of those in the Biden Administration will go down in history as probably the dumbest ever in the history of the world, not just the United States. Besides disrupting energy supplies, and subjecting the world to a shortage of wheat when Russia and Ukraine represent 30% of the world exports, Biden’s sheer […]
03/17/2022
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By JD Heyes
PETRODOLLAR PUKES: Cracks emerge in U.S. dollar dominance as Saudis consider accepting Chinese currency for oil sales to Beijing
Since the end of World War II, the British pound was replaced as the world’s reserve currency with the U.S. dollar, which put Americans at a distinct advantage by making our money the strongest and safest in the world. But in recent years, there have been emerging threats to King Dollar’s dominance, thanks in large […]
03/17/2022
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By JD Heyes
While the world’s attention was averted by war in Ukraine, China has entered an economic spiral with tanking stocks, new COVID spread
There is a new war on the outskirts of eastern Europe following Russia’s punishing invasion of Ukraine. There is a worsening global supply chain crisis. There will be food shortages thanks to the war in Europe’s “breadbasket.” Oil and gas prices have skyrocketed after a year’s worth of rises. Inflation in the U.S. and throughout […]
03/04/2022
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By Arsenio Toledo
Oil prices surge to multi-year highs as Ukraine conflict causes ripple effect in global oil supplies
Oil prices are climbing to multi-year highs as the ongoing conflict Russia has embroiled itself in is preventing it from exporting a vast supply of crude, causing a ripple effect on global oil supplies. Russia is the second-largest producer of oil in the world. According to 2020 data from the Energy Information Administration, Russia produced over […]
02/28/2022
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By JD Heyes
Ukrainian official blasts pathetically weak sanctions against Russia, claims it leaves Moscow with lots of “money soaked in our blood”
An angry Ukrainian official has blasted the United States and European NATO allies for their pathetically ineffective and loophole-filled financial ‘sanctions’ against Russia over its invasion of his country. Ukrainian Foreign Minister Dmytro Kuleba condemned a decision by Western governments to continue allowing Russian energy transactions to continue using the international SWIFT banking system, though harsh […]
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