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News & Articles By Belle Carter
07/12/2022
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By Belle Carter
Rice, soybean markets plummeting, economist reveals
The June 30 reports by the U.S. Department of Agriculture (USDA) showed a sharp downfall in the rice and soybean markets. University of Arkansas agriculture economist Scott Stiles said it is hard to pin down the exact drivers of the futures market. “But for certain, the September rice contract had moved well into ‘oversold’ territory,” he said. […]
07/07/2022
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By Belle Carter
Dollar collapse: Top Indian cement producer pays for Russian coal using Chinese yuan
India’s largest cement maker UltraTech maneuvered its way away from using the U.S. dollar (USD) by using China’s yuan in a $26 million Russian coal deal. This was according to an Indian customs document reviewed by Reuters. UltraTech Cement is bringing in 157,000 tons of coal from SUEK, one of the world’s largest integrated energy […]
07/06/2022
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By Belle Carter
Bear market effect: Crypto miners face margin calls as debt mounts
Cryptocurrency miners are facing margin maintenance calls as the bear market continues to claim victims. Bear market is the term used to describe a sustained period when the equity markets are down at least 20 percent from their recent peaks. Maintenance call, on the other hand, refers to a call to an investor for additional funds […]
07/05/2022
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By Belle Carter
Australian bank tells customers to withdraw funds immediately before it closes this week
An Australian digital bank has collapsed and advised 6,000 customers to withdraw their money before it stops doing business this week. “Customers need to transfer the balances held in all Volt accounts to a nominated bank account with another financial institution before the 5th of July 2022, Tuesday,” Volt Bank’s website said. The neobank’s eight board […]
06/30/2022
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By Belle Carter
Andy Schectman warns: Collapse of dollar reserve will mark the start of Great Reset
Andy Schectman, owner and CEO of Miles Franklin Ltd. Precious Metals, warned that the collapse of dollar reserve is imminent and it will be quick. During his appearance in “Brighteon Conversations” with the Health Ranger Mike Adams, Schectman said a series of events has created a domino effect that led to the financial demise of the […]
06/24/2022
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By Belle Carter
Renowned economist predicts looming profit recession “will be the worst in 50 years”
Renowned economist Stephanie Pomboy has predicted that corporations will soon be beaten by an earning recession as many of them have not been able to pass high input costs to the inflation-tired public. In her recent appearance on the financial solutions program “Wealthion,” Pomboy explained that a measure that she relies on as a proxy for […]
06/23/2022
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By Belle Carter
Barclays research reveals that Americans are spending LESS on services
Data from the recent Barclays research revealed that more Americans are beginning to resist spending on services, such as eating at restaurants and booking flights and accommodations. “All through 2022, the narrative has been that as [Wuhan coronavirus] COVID-19 faded, households would ramp up spending on services. This indeed has been true for much of […]
06/19/2022
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By Belle Carter
Celsius Network under probe over suspension of withdrawals, swaps and transfers between accounts before bail-in FREEZE
Celsius Network is reportedly under investigation following its decision to suspend withdrawals, swaps and transfers between accounts. Texas State Securities Board Director of Enforcement Division Joseph Rotunda said Alabama, Kentucky, New Jersey, Texas and Washington regulators are probing the crypto lending platform. “I am very concerned that clients, including many retail investors, may need to […]
06/16/2022
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By Belle Carter
Biden blatantly lies about the stock market, claiming non-existent GAINS when the market actually shows alarming LOSSES
“World Alternative Media” host Josh Sigurdson and certified financial planner and wealth management adviser Tim Picciott refuted Joe Biden’s statement earlier this year that the stock market is 20 percent higher under his administration. “The stock market – the last guy’s measure of everything – is about 20 percent higher than it was when my predecessor […]
06/16/2022
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By Belle Carter
INFLATION REPORT: Wholesale prices rose 10.8 percent over the past year
The Bureau of Labor Statistics reported on June 14 that wholesale prices went up quickly in May as inflation hounds the U.S. economy. The producer price index (PPI), which measures the average change over time in selling prices received by domestic producers of goods and services, is up 0.8 percent in May and 10.8 percent over […]
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