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HomeFinancial Crisis

Financial Crisis

Financial Crisis

UK Inflation Unexpectedly Comes In Red Hot, Remains In The Double Digits

April 19, 2023 Mariel Alumit

Futures are trading near session lows, weighted down by the latest inflation data out of the UK where early this morning, we learned that March inflation remained in the double digits with annual price rises […]

ENB Daily Standup

Daily Energy Standup Episode #105 – Sanctions don’t work – The Western Leaders Have Devastated The Financial Future For The Citizens Of The West

April 19, 2023 Andy Del Prado

The Western Leaders Have Devastated The Financial Future For The Citizens Of The West – Daily Standup Top Stories IEA: Russia’s March oil exports hit highest level since pandemic start April 18, 2023 Mariel Alumit Russia’s […]

US
Finance

US banks fall as withdrawals spook markets

April 17, 2023 Mariel Alumit

Billions were wiped off the value of US lenders last night as aftershocks from the collapse of Silicon Valley Bank (SVB) continued to rattle the markets. State Street, one of America’s oldest banks, saw its […]

Money
Finance

Recession Risk Grows After Money Supply Shrinks At Fastest Pace Since Great Depression

April 17, 2023 Mariel Alumit

Authored by Andrew Moran via The Epoch Times, The U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show. In […]

Finance

Lula: Peace Club To De-Dollarization

April 15, 2023 Mariel Alumit

Authored by Andrew Korybko via The Automatic Earth blog, Brazilian President Lula was successful in reaching an agreement to de-dollarize his country’s trade with China, the significance of which was earlier explained in the context […]

Finance

Can the World Bank’s new president fix the institution?

April 15, 2023 Mariel Alumit

Video Duration 25 minutes 35 seconds 25:35 For nearly 80 years, the World Bank has said its main goals have been to fight poverty and promote global prosperity. But now, a growing number of world […]

Aljazeera International

Argentinians buckle under 104.3 percent inflation

April 14, 2023 Mariel Alumit

Argentina’s annual inflation rate soared to 104.3 percent in March, the official statistics agency has said, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed […]

Exxon
Finance

Exxon Mobil: They Don’t Call It Black Gold For No Reason

April 13, 2023 Mariel Alumit

Introduction Since last summer Exxon Mobil (NYSE:XOM) has rocketed higher, gaining about 30% over this period. 30% growth in essentially 8 months is very unusual for a big-cap, value stock like XOM. Admittedly a good bit […]

Price
Finance

Dow Jones Futures: S and P 500 Slips As Fed Sees Recession; Buffett Concerns Hit These Stocks

April 13, 2023 Mariel Alumit

Dow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures. Delta Air Lines earnings missed views while more economic data is on tap. The stock market rally retreated Wednesday […]

Bankruptcy

Fiscal Insanity: The Government Borrows $6 Billion A Day, And We’re Stuck With The Bill

April 13, 2023 Mariel Alumit

Authored by John & Nisha Whitehead via The Rutherford Institute, We’re not living the American dream. We’re living a financial nightmare. The U.S. government is funding its existence with a credit card. The government–and that […]

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