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News & Articles By Ethan Huff
09/25/2024
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By Ethan Huff
Volkswagen to trim upwards of 30,000 German employees as global economy falters
German auto giant Volkswagen is having trouble selling cars, which means a large number of the company’s employees is now on the chopping block. The latest reports suggest that VW could end up laying off 30,000 of its 300,000 German employees as part of a massive restructuring plan. Between 4,000 and 6,000 of the company’s […]
09/09/2024
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By Ethan Huff
CBDCs will allow police to collect, store personal data for surveillance state, IMF paper reveals
The International Monetary Fund (IMF) published a report recently that warns about the very serious privacy risks associated with central bank digital currencies (CBDCs). According to the paper, entitled “Central Bank Digital Currency Data Use and Privacy Protection,” any central bank can use its CBDC system to collect all sorts of private information about users. […]
09/09/2024
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By Ethan Huff
India to start trading with Russia outside SWIFT to avoid Western sanctions
The era of U.S. dollar dominance is coming to an end as the East takes control over the West. The next domino to fall is trade between India and Russia, which is now being conducted almost exclusively with local currencies (rupees and rubles) rather than Federal Reserve Notes (FRNs). Because of Western sanctions that prohibit […]
09/09/2024
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By Ethan Huff
Tech industry COLLAPSING as Intel, Apple, IBM and Cisco slash more than 27,000 jobs
The August data is in, and it clearly shows that the tech industry is in serious decline as the overall economy falters. More than 27,000 jobs were slashed in August at companies like Apple, IBM, Intel and Cisco. Intel alone is cutting 15 percent of its workforce while Cisco pivots away from human resources into […]
09/06/2024
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By Ethan Huff
Israeli economy brought to STANDSTILL as nationwide labor strike, protests seek to oust Netanyahu and his never-ending war in Gaza
The most tumultuous time in Israel’s history is here as the Jewish state descends into chaos over the Netanyahu regime’s handling of the war in Gaza. Upwards of 750,000-plus Israelis have taken to the street in protest after the bodies of six Israeli hostages were recovered from a Gaza tunnel. Netanyahu is refusing a hostage […]
09/06/2024
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By Ethan Huff
Volkswagen to close production plants in Germany as Europe’s industrial collapse accelerates
One of the world’s most iconic automobile brands is on shaky ground as the global economy teeters on the brink. Volkswagen, we are told, may have to close down several of its production plants in Germany due to falling profits. Consumers in China and other major markets simply are not buying cars like they once […]
09/06/2024
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By Ethan Huff
GOODBYE, WEST: India considers using Russia’s SWIFT alternative for trade settlements
Dedollarization efforts are moving forward as the Reserve Bank of India (RBI) considers joining the new System for Transfer of Financial Messages (SPSF) settlement system created by Russia after the Belgium-based SWIFT network banned Russia from participation over Moscow’s invasion of Ukraine. India could start using this Russian alternative system to conduct rupee-ruble trade settlements, […]
09/06/2024
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By Ethan Huff
Get ready for sky-high electricity bills as Green New Deal threatens to increase energy costs by 2,800%
The phase-out of earth-based fuels like oil and gas is in full swing. And in the not-too-distant future, average American households could end up paying energy bills that are 2,800 percent higher than they are currently. In order for wind and solar power generation to keep an industrialized economy grinding, these technologies require a lot […]
09/04/2024
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By Ethan Huff
Turkey, a strategic NATO ally, applies to join BRICS
In a major show of the shifting global power structure, Turkey reportedly wants in on the BRICS economic bloc. Bloomberg dropped the news that, according to people familiar with the matter, Turkey wants to expand beyond its traditional Western allies. A geopolitically important NATO member, Turkey’s embrace of Russia and its allies as opposed to […]
09/03/2024
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By Ethan Huff
Dozens of KFC restaurants across Midwest CLOSE SUDDENLY – Is EYM Group (Pizza Hut, Burger King) struggling to survive?
Hundreds of employees were let go abruptly after dozens of KFC restaurant locations across Illinois, Indiana and Wisconsin closed suddenly this past week. As many as 25 KFC restaurants owned by fast food franchisee EYM Chicken are now empty retail shells, but parent company EYM Group, which owns other fast-food chains like Pizza Hut, Burger […]
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