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News & Articles By Ramon Tomey
10/17/2024
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By Ramon Tomey
Car buyers in Germany shifting back to gas-powered vehicles after trying out EVs
Car buyers in Germany are switching back to internal combustion engine (ICE) vehicles powered by gasoline or diesel after trying out electric vehicles (EVs). Remix News reported on this finding, citing data from Huk-Coburg, Germany’s largest auto insurance company. According to the firm’s numbers, 34 percent of all EV owners switched back to an ICE […]
10/07/2024
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By Ramon Tomey
Electric car dealers urge gov’t to relax emissions regulations and EV mandates
Electric vehicle (EV) dealers are urging the Biden-Harris administration to relax emissions regulations and EV mandates. More than 5,000 dealerships across the U.S. exhorted the government to relax emissions regulations and EV mandates in an open letter. They expressed concern about emissions rules put forward by the Environmental Protection Agency (EPA) and state-level EV sales […]
09/18/2024
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By Ramon Tomey
Saudi Central Bank caught secretly BUYING GOLD in Switzerland
The Saudi Central Bank (SAMA) has been caught secretly buying gold in Switzerland, joining the growing number of nations stocking up on the yellow metal. Gold market expert and analyst Jan Nieuwenhuijs disclosed this in a Sept. 12 piece published by Idaho-based Money Metals Exchange LLC. He wrote that the SAMA has been secretly purchasing […]
09/16/2024
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By Ramon Tomey
Analysis: Biden-Harris EV mandates could cost the U.S. 123,000 auto manufacturing jobs
A new analysis has warned that an electric vehicle (EV) mandate put forward by the Biden-Harris administration could cut as much as 123,000 auto manufacturing jobs in America. The analysis published on Sept. 9 by the America First Policy Institute (AFPI) looked at the repercussions of the current administration’s EV mandate, alongside a more radical […]
09/06/2024
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By Ramon Tomey
Turkey submits request to join BRICS group of nations
Turkey has submitted a formal request to join the BRICS group of nations. Sources told Bloomberg News that Ankara “seeks to bolster its global influence and forge new ties beyond its traditional Western allies.” According to them, Turkish President Recep Tayyip Erdogan believes “the geopolitical center of gravity is shifting away from developed economies.” Thus, […]
08/13/2024
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By Ramon Tomey
Major solar panel company files for BANKRUPTCY after California ends subsidies for renewables
A major provider of solar panels for rooftops has filed for bankruptcy, dealing another serious blow to the much-hyped “green” energy sector. Watts Up With That (WUWT) reported, citing the Daily Caller, that rooftop solar firm SunPower filed for Chapter 11 bankruptcy in Delaware on Aug. 5. The San Jose, California-based SunPower will look to […]
07/10/2024
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By Ramon Tomey
ARMED GUARDS now escorting delivery drivers in crime-ridden California
Rising crime in the Golden State has prompted companies to deploy armed guards alongside delivery drivers. According to NBC Bay Area, one company – Core Mart – kickstarted the trend by hiring armed security to accompany drivers making deliveries. This comes as delivery drivers in the South Bay say they are increasingly worried about becoming […]
05/21/2024
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By Ramon Tomey
Gold price spikes to RECORD HIGH following death of Iranian President Raisi in helicopter crash
The price of gold hit a record high during trading on May 20, a day after the death of Iranian President Ebrahim Raisi in a helicopter crash. Spot gold prices rallied to $2,449.89 per ounce (oz) on Monday before paring some gains, with the price surge following a broader rally across metal markets. Other precious […]
05/10/2024
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By Ramon Tomey
Creditors pressure Ukraine to PAY UP on its loans
Two years after Russia’s special military operation in Ukraine, a group of creditors are now demanding that Kyiv pay up on its loans as early as 2025. According to the Wall Street Journal (WSJ), the group includes investment giants BlackRock and Pimco. The creditors reportedly granted Kyiv a two-year debt holiday in 2022, betting at […]
04/08/2024
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By Ramon Tomey
California discount chain 99 Cents Only announces permanent closure, begins liquidation
The California discount chain 99 Cents Only (99CO) has called it quits after more than four decades in the business, announcing that it will close for good. The company headquartered in Commerce, California announced its permanent shutdown in an April 4 press release. According to the statement, 99CO partnered with financial services firm Hilco Global […]
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