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Banking, Economy

“Developing nations spent record $443.5 billion on public debt in 2022, World Bank says”

December 15, 2023

“Developing countries paid a record $443.5 billion in 2022 to service their public debt as global interest rates surged, according to the World Bank… The cost of servicing debt for the world’s 24 poorest nations could surge by as much… Continue Reading…

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Economy

[Japan] “Thousands of tonnes of dead fish wash up on beach and nobody knows why”

December 13, 2023

“The haul – mostly sardines and some mackerel – washed ashore in Hakodate on the northernmost main island of Hokkaido on Thursday morning. It created a sliver blanket stretching half a mile along the coastline…”

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Economy

“New Orleans braces for drinking water emergency from drought-stricken Mississippi River”

December 13, 2023

“Officials in Louisiana are in a race against time as salt water from the Gulf of Mexico threatens drinking water supplies in New Orleans and its surrounding areas because of unusually low levels in the drought-addled Mississippi River. New Orleans… Continue Reading…

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Business, Economy

“U.S. tap water has a $47 billion forever chemicals problem”

December 13, 2023

“The U.S. Environmental Protection Agency is adding some “forever chemicals” to the list of toxins in drinking water that must be reported. That is going to require a lot of infrastructure investment… About 300 million people in the U.S. receive… Continue Reading…

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Economy

“As food prices rise in June, analysts warn of a ‘tipping point’ for Americans”

December 13, 2023

“…Food prices rose 3% in June compared to a year ago, according to the latest data from the Bureau of Labor Statistics. After a year of price hikes, consumers continued to see food prices rise, but at a slower rate. Grocery… Continue Reading…

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Business, Economy

Book: “The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance”

December 12, 2023

“…The expression “Get woke, go broke” has entered the common lexicon as we’ve seen company after company invoke the false gods of diversity, equity, and inclusion to their financial demise. But this surface discussion masks a much darker truth. What… Continue Reading…

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Economy, Energy

“…Venezuela threatens to invade oil-rich Guyana, US worries about how far Maduro will go”

December 12, 2023

“Venezuela’s threats to annex a majority of Guyana may be an effort by its leader to consolidate power at home ahead of a potential presidential election next year instead of a real intention to invade its neighbor, U.S. officials say. But Washington… Continue Reading…

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Economy

“99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says”

December 12, 2023

“…”It is likely that only the top 1% of consumers by income will be better off than before the pandemic,” Kolanovic wrote, pointing to the growing signs of credit card and auto loan delinquencies, as well as Chapter 11 filings.… Continue Reading…

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Economy

“Canada’s surging cost of living fuels reverse immigration”

December 12, 2023

“The dream of making it big in Canada is turning into a battle for survival for many immigrants due to the high cost of living and rental shortages, as rising emigration numbers hint at newcomers being forced to turn their… Continue Reading…

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Economy

“Drug shortages hit record highs”

December 11, 2023

“Drug shortages in the U.S. have hit a record high and lawmakers warn they could mean life or death for millions of patients. A House committee is investigating what Congress can do to the supply chain to make sure doctors… Continue Reading…

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