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News & Articles By Belle Carter
09/22/2023
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By Belle Carter
Canada’s grocery retail giants push back against accusations of price inflation, ask Trudeau to examine his policies first
Canada’s Prime Minister Justin Trudeau demanded major grocers come up with a plan to stabilize prices and if they fail to provide “relief for Canadians” by stabilizing food prices by October 9, they will suffer “big consequences.” “Large grocery chains are making record profits. Those profits should not be made on the backs of people […]
09/20/2023
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By Belle Carter
BREAKING POINT reached: NYC, other sanctuary cities “tired” of illegal immigrants influx, struggle with local resources
Mayors of “sanctuary cities” New York, Chicago, and other large cities are past their breaking point and now struggling with resources due to the influx of illegal immigrants coming into their jurisdictions. Most recently, New York City Mayor Eric Adams claimed that the mass migration of illegals into his city has led to an “unprecedented […]
09/20/2023
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By Belle Carter
East Coast’s largest groundfish company files for bankruptcy, lays off workers with no severance pay
East Coast’s largest groundfish company has filed for bankruptcy, according to records in U.S. federal court in Delaware, leaving employees without a job as it shutters all of its locations and concluded an eight-year private equity (PE) roll-up of New Bedford’s fishing industry. Blue Harvest Fisheries unexpectedly filed for Chapter 7 bankruptcy on September 8, […]
09/14/2023
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By Belle Carter
FTX legacy? JPMorgan explores blockchain-based deposit token as new payment vehicle… backed by the bank itself
JPMorgan Chase & Co. is exploring a blockchain-based digital deposit token so that it can hasten cross-border payments, a move that pushes the institutional adoption of blockchain technology. According to a person familiar with the work who asked not to be identified, America’s largest bank by assets has already developed the majority of the underlying […]
09/14/2023
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By Belle Carter
NYC Mayor Eric Adams admits mass illegal immigration is inherently destructive for the Big Apple
New York City Mayor Eric Adams’s video, where he admitted that the ongoing migrant crisis “will destroy” the Big Apple and that he does not see a way to fix the issue, has already gone viral. For Eddie Scarry, the D.C. columnist of the Federalist, rival politicians publicly denouncing President Joe Biden’s immigration policies are […]
09/12/2023
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By Belle Carter
High interest rates contribute to the doubling of the federal deficit despite Biden’s claim of “strong economy”
The federal deficit has been forecasted to skyrocket to double last year’s $1 trillion to roughly $2 trillion for the fiscal year ending Sept. 30, despite President Joe Biden’s claim of robust and improving overall economic growth because of his government measures. The administration’s claim that the financial status is strengthening came when the deficit […]
09/11/2023
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By Belle Carter
City of Birmingham declares bankruptcy, shuts down nonessential spending after being hit with $950 million equal pay claims
The local government body of Birmingham, the U.K.’s second-largest city, effectively declared bankruptcy on Sept. 5 because it no longer has enough money to pay the £760 million ($954 million) equal pay claims it owes to female government employees who were paid less than men in the past. Birmingham City Council, which provides services for […]
09/05/2023
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By Belle Carter
Farmers Insurance lays off 2,400 employees in the name of “long-term profitability”
American insurer Farmers Insurance Group revealed in an August 28-dated press statement that it is set to lay off 11 percent, or roughly 2,400, of its workers across all lines of business from a workforce made up of nearly 21,000 people. The release cited the excuse of creating a more efficient organization via austerity initiatives. […]
08/30/2023
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By Belle Carter
End of the U.S. empire and its weaponized dollar? BRICS to account for HALF of global food production when new member states join next year
The BRICS (Brazil, Russia, India, China and South Africa) bloc of top emerging economies, which was formed in 2009, just took a major step in the expansion of its influence by inviting six more progressive nations to become new state members. Come January 2024, Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates […]
08/30/2023
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By Belle Carter
Unhappy comeback: Embattled Chinese real estate giant Evergrande crashes again by 87% after 17-month suspension
The shares of the bankrupt former Chinese property giant Evergrande plunged 79 percent on Monday, its first trading day following a suspension of more than 17 months, which it used to try to restructure its offshore debt. The stock of the embattled real estate developer Evergrande Group, which trades in Hong Kong under what was supposed […]
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