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Economy

“US Trade Deficit Narrowed Last Year by the Most Since 2009”

February 8, 2024

“The annual trade shortfall shrank nearly 19% to $773.4 billion from a record in 2022, Commerce Department data showed Wednesday. In December, the deficit in goods and services trade widened slightly from the prior month to $62.2 billion. The figures… Continue Reading…

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Economy, Energy

Attack On Energy Sector: “Biden administration pauses new liquified natural gas development”

February 7, 2024

“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…

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Economy

“U.S. economy added 353,000 jobs in January, much better than expected”

February 7, 2024

“…Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held at 3.7%, against the estimate for 3.8%. Wage growth also showed… Continue Reading…

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Economy

“Farmers set fires and attack barriers near EU summit as anger spreads”

February 6, 2024

“Farmers threw eggs and stones at the European Parliament on Thursday, starting fires near the building and setting off fireworks amid protests to press a summit of European Union leaders to do more to help them with taxes and rising… Continue Reading…

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Economy

KIRK ELLIOTT WARNS OF IMPENDING FINANCIAL CRISIS PLUS NEWS ON THE U.S. BORDER [Click Here]

February 5, 2024

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Economy

“A $560 Billion Property Warning Hits Banks From NY to Tokyo”

February 5, 2024

“…New York Community Bancorp’s decisions to slash its dividend and stockpile reserves sent its stock down a record 38% on Wednesday, with the fallout dragging the shares to a 23-year low on Thursday. The selling bled overnight into Europe and… Continue Reading…

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Banking, Economy

“IMF expects a soft landing for the world economy in 2024”

February 1, 2024

“…The IMF estimates in its new World Economic Outlook report that the global economy will grow 3.1% this year, the same as in 2023, before rising modestly by 3.2% in 2025. The latest forecast is two-tenths of a percent higher… Continue Reading…

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Economy

“France’s protesting farmers encircle Paris with tractor barricades, vowing a ‘siege’ over grievances”

January 29, 2024

“JOSSIGNY, France (AP) — Protesting farmers encircled Paris with traffic-snarling barricades Monday, using hundreds of lumbering tractors and mounds of hay bales to block highways leading to France’s capital to pressure the government over the future of their industry, which has been… Continue Reading…

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Business, Economy, Energy

Chinese EV’s A Path To Destruction

January 26, 2024

I had to share this link. EV’s are garbage. Do not buy them. [Edit] Click the link to watch the video

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Business, Economy, Energy

“Electric cars will never dominate market, says Toyota”

January 25, 2024

“Electric cars will never account for more than a third of the market and consumers should not be forced to buy them, the boss of Toyota has said. Akio Toyoda, chairman of the world’s biggest carmaker by sales, said that electric… Continue Reading…

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