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HomeFinancial Crisis

Financial Crisis

Egypt
Energy Crisis

As economic crisis deepens, will Egypt slow megaprojects down?

January 18, 2023 Mariel Alumit

Cairo, Egypt – The Egyptian economy is struggling. The national currency has lost nearly half its value in less than a year, reaching a historic low of 32 Egyptian pounds to the dollar last week, […]

Inflation
Finance

Asking Markets About The Inflation Outlook Is Like Asking Toddlers What They Think Is Going To Be For Dinner

January 17, 2023 Mariel Alumit

By Michael Every of Rabobank Yesterday was quiet due to the Martin Luther King Day holiday in the US. The trading that took place mostly saw bond yields and equities drift a little higher, neither […]

Economists
Bankruptcy

Economists Warn Americans Recession Is Coming

January 16, 2023 Mariel Alumit

Authored by Jack Phillips via The Epoch Times, Two top economists said that despite contrary predictions, a recession will likely hit the United States in the near future. “Some economists argue that the strength of […]

Peter
Finance

Peter Schiff: The Recession Everybody Denies Exists Is Going To Get Worse

January 16, 2023 Mariel Alumit

Via SchiffGold.com, Peter Schiff recently appeared on Dan Bongino’s Unfiltered on Fox News to talk about the economy, inflation, the stock market, the Federal Reserve and investing in 2023. Peter said the recession that everybody […]

Stock
Finance

Stock Market Investing Action Plan: Netflix, SLB Earnings; Will Oil Top $80?

January 16, 2023 Mariel Alumit

The stock market showed modest signs of rising strength as the young uptrend gained a dash of momentum. Industrials and materials stocks continue to gather strength, and oil prices are back near the upper end […]

Cheapest
Finance

Most Expensive And Cheapest Appliances To Use By Region

January 16, 2023 Mariel Alumit

Wholesale power prices jumped last year and are yet another cost burden on consumers’ wallets. A new study breaks down the cheapest and most expensive household appliances to use based on geographical region. Jonathan Merry, […]

Virginia
Climate Crisis

In Virginia, carbon emissions drop as data centers boom, thanks to RGGI pact

January 16, 2023 Mariel Alumit

​Virginia’s participation in an East Coast greenhouse gas emissions pact is pivotal to curbing the climate impact of its thriving data center industry. Globally, northern Virginia has become one of the largest data center hubs […]

Inflation
Financial Crisis

Inflation finally easing hides true toll of Bidenomics — it’s up 13.7% since he took office

January 16, 2023 Mariel Alumit

“Two years in, it’s clearer than ever that my economic plan is working.” That was President Joe Biden’s borderline insane response to the latest inflation data. Working?!? Yes, the latest data pegs CPI at “only” 6.5%. Yes, […]

Risks
Financial Crisis

Visualizing The Biggest Global Risks Of 2023

January 16, 2023 Mariel Alumit

The profile of risks facing the world is evolving constantly. Events like last year’s invasion of Ukraine can send shockwaves through the system, radically shifting perceptions of what the biggest risks facing humanity are. Visual […]

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