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News & Articles By Kevin Hughes
04/05/2022
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By Kevin Hughes
America about to suffer as Federal Reserve struggles to battle inflation
The worst inflation in four decades has spurred the Federal Reserve to start a series of interest rate hikes. It’s not going to work. The plain truth is that the Federal Reserve doesn’t know how to battle inflation and America is about to suffer the consequences. With prices soaring at a pace not seen since the early 1980s, […]
03/30/2022
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By Kevin Hughes
Poll: The Biden economy is terrible, according to 70 percent of Americans
An Associated Press-NORC poll on Friday, March 25, revealed that around seven in 10 Americans said President Joe Biden’s economy “is in bad shape” already. The poll also showed that nearly two-thirds of Americans denounced how Biden is managing the economy. Moreover, a bulk of Americans said Biden’s policies have hurt the economy instead of helping it. In […]
03/29/2022
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By Kevin Hughes
BlackRock CEO: Conflict in Ukraine marks end of globalization
BlackRock CEO Larry Fink said that the conflict in Ukraine marks the end of globalization as governments and businesses sever ties with Russia. BlackRock, the world’s biggest asset manager, is a leading provider of investment, advisory and risk management solutions. “The Russian invasion of Ukraine has put an end to the globalization we have experienced over […]
03/14/2022
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By Kevin Hughes
Global markets in state of chaos due to Russia-Ukraine War
Many people thought that the global financial markets would not be affected by the Russia-Ukraine War. They were wrong. Investors have received a harsh warning during the past week with the stock prices plunging, commodity prices going absolutely crazy and a dark cloud of fear blanketing Wall Street. The war in Ukraine has forever transformed economic […]
03/11/2022
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By Kevin Hughes
Mike Adams tells Dr. Alan Keyes: Crash of global markets will cause social unrest, political uprisings around the world
The Health Ranger Mike Adams told “Let’s Talk America” host Dr. Alan Keyes that the crash of global markets will lead to riots, social unrest and political uprisings around the world. “They are crashing the global markets or the supply chain of oil, energy, food and fertilizer. This is all happening simultaneously because it’s interrelated. […]
03/10/2022
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By Kevin Hughes
Russian banks turn to Chinese card system as American Express, Visa, Mastercard suspend Russian operations
Russian users of American Express, Visa and Mastercard have turned to China’s UnionPay credit card system following Russia’s complete expulsion from the Western financial system. American Express along with Visa and Mastercard suspended operations in Russia just hours after Ukrainian President Volodymyr Zelenskyy appealed to the companies to cease all business operations in Russia during a video call […]
03/03/2022
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By Kevin Hughes
US oil prices rise to a 7-year high as conflict between Russia and Ukraine continues
As Russia continued its assault on Ukraine’s capital Kiev, oil prices continued to rise Tuesday, March 1, with the U.S. crude reaching its highest level since June 2014. West Texas Intermediate crude futures, the U.S. oil benchmark, surged 11.5 percent to $106.78 per barrel at its peak for the day. It dropped during the afternoon trading and […]
03/02/2022
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By Kevin Hughes
Ontario government shuts down 39 trucking companies for participating in Freedom Convoy
The Ontario Ministry of Transportation has closed 39 independent trucking companies for their participation in the Freedom Convoy protest against Wuhan coronavirus (COVID-19) restrictions. In another round of anti-protest sanctions, the ministry affirmed that 12 trucking companies in Ontario and 27 outside the province have been slapped with seizure orders canceling their authority to carry out […]
02/17/2022
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By Kevin Hughes
“Bidenflation” triggers stunning downfall of consumer sentiment to 10-year low
Consumer sentiment went down in the early weeks of February as consumers lost faith in the economic policies of the Biden administration. Inflation during Biden’s term — “Bidenflation” for short — soared to the worst level in four decades and the long-term economic view of American households dropped to its least favorable level in 10 […]
02/15/2022
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By Kevin Hughes
Inflation is officially up 7.5 percent from last year, highest annual increase since 1982
The Department of Labor announced Thursday, February 10, that inflation in January rose 7.5 percent compared to the same month last year, the highest since February 1982 which was 7.6 percent. The year-over-year rate or “annualized rate” in December 2021 was 7.1 percent. The number surpassed economists’ prediction that consumer prices in January would increase to […]
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