Archive for the 'Economy' Category
Nancy Pelosi Urges Support Of $50 Billion ‘CHIPS’ Bill Hours After Disclosing $8 Million Nvidia Stake
July 16th, 2022Via: ZeroHedge: Oh, look: Nancy Pelosi is pushing legislation that stands to benefit her significantly thanks to a couple of brand new, multi-million dollar trades she has made. Stop us if you’ve heard this one before… This past week it hit the terminal that House Speaker Pelosi was doing a little portfolio re-jiggering, including exercising […]
U.S. Consumer Inflation Rises to Highest Annual Rate Since 1981
July 13th, 2022Via: Reuters: U.S. consumer prices surged 9.1% in June, the largest annual increase in more than four decades amid stubbornly high costs for gasoline, food and rent, cementing the case for another 75-basis-point interest rate hike by the Federal Reserve this month. The larger-than-expected increase in the year-on-year consumer price index reported by the Labor […]
Germany Plans ‘Warm Up Spaces’ in Response to Gas Shortages
July 12th, 2022Via: Summit News: Cities across Germany are planning to use sports arenas and exhibition halls as ‘warm up spaces’ this winter to help freezing citizens who are unable to afford skyrocketing energy costs. Bild newspaper reveals how the the nation’s Cities and Municipalities Association has urged local authorities to set aside public spaces to help […]
French, German Leaders Warn Populations “Prepare For Total Cut-Off Of Russian Gas”
July 10th, 2022I hope Cryptogon readers in Europe are planning for the winter ahead. Via: ZeroHedge: European populations are bracing for a frigid upcoming winter amid an impending avalanche of high energy costs and emerging inflation. On Sunday French Economy and Finance Minister Bruno Le Maire warned that Russia is poised to totally halt gas supplies to […]
Germany Begins Rationing Hot Water, Dimming Street Lights and Shutting Down Swimming Pools Due to Energy Shortages
July 9th, 2022Via: ZeroHedge: Earlier today we wrote that Germany’s largest landlord, Vonovia, had taken the unprecedented step of restricting heating at night, a terrifying preview of what lies in stock for the “most advanced” European nation this winter. Alas, it’s going to get worse, much worse. According to the FT, Germany is now rationing hot water, […]
Sir Lanka Protesters Storm President’s House Amid Economic Meltdown
July 9th, 2022Via: ZeroHedge: Thousands of protesters stormed Sri Lankan President Gotabaya Rajapaksa’s official residence as part of an anti-government demonstration calling for his resignation following the country’s economic collapse. Demonstrators marched to Sri Lanka’s commercial capital of Colombo early Saturday. They jumped security fences surrounding the residence and overran the president’s security forces. Rajapaksa was evacuated […]
Millions Of Barrels From US Emergency Oil Reserve Sent Abroad, Including To China
July 7th, 2022Via: ZeroHedge: With a growing number of people realizing that the Biden administration has drained more oil from the US strategic petroleum reserve, which is meant to be used during real emergencies not fake, made up ones such as Democrats facing a catastrophic failure at the midterm elections more people are starting to ask the […]
Germans Warned of Hot Water Rationing, Limit to Maximum Allowed Room Temperatures
July 6th, 2022I hope readers in Europe have a plan for the winter ahead… Via: Summit News: Hamburg’s environment minister has warned Germans that hot water could be rationed and limits on maximum room temperatures introduced as a result of the energy crisis. “The state environment minister, Jens Kerstan, announced that the hot-water supply for private households […]
The Big Secret
July 2nd, 2022Via: The Big Secret:
Bill Gates Granted Authority To Buy 2100 More Acres Of North Dakota Farmland
July 2nd, 2022Via: Summit News: Bill Gates, who already owns close to 270,000 acres of land in the U.S., has been granted the legal authority to buy another 2100 acres in North Dakota despite protests by local residents. Gates, already the largest farmland owner in the country, has secured the go ahead to buy the land for […]
