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News & Articles By Arsenio Toledo
04/07/2023
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By Arsenio Toledo
Recession fears surge as new job creation slows down, jobless claims rise
Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According to the Department of Labor‘s report, job openings slipped to 9.9 million in February, the lowest since May 2021. This is […]
04/05/2023
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By Arsenio Toledo
25-Car freight train carrying beer derailed in Western Montana
On Sunday, April 2, 25 train cars from a freight train derailed near the small town of Paradise, Montana, the latest incident in a months-long trend of catastrophic train derailments. According to the Plains-Paradise Rural Fire District, the derailment occurred at around 9 a.m., and it poses “no current threat to public safety and no […]
04/05/2023
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By Arsenio Toledo
Illegals pose as migrant children to get expedited access across U.S. border
A new report from Florida has found that many illegal immigrants into the United States – some of them gang members and others who end up becoming murderers – are posing as migrant children to get through the border. This is according to a five-month-long investigation by the Florida Statewide Grand Jury, an arm of […]
04/05/2023
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By Arsenio Toledo
American banks are sitting on a TIME BOMB of $1.7 trillion in unrealized losses
Banks in the United States are sitting on a time bomb of unrealized losses totaling around $1.7 trillion. This is according to a study released on March 13 by the New York University Stern School of Business (NYU Stern) that took a closer look at the unrealized losses banks in the U.S. were likely holding. The study […]
04/03/2023
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By Arsenio Toledo
Social Security reserves draining faster than expected
Social Security’s reserves are being drained at a faster rate, and the benefits it pays out to sustain about 67 million Americans are now set to be depleted in 2034, one year earlier than previously projected. An economic slowdown, persistently high and record-breaking inflation and weaker productivity growth are all contributing to the downturn in Social […]
03/29/2023
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By Arsenio Toledo
Disney to begin mass layoff of 7,000 employees this week
The Walt Disney Company announced on Monday, March 27, that it already began letting go of 7,000 of its workers in a mass layoff the company announced earlier this year. Chief Executive Officer Bob Iger said the layoffs are necessary for the company to control costs and create a more “streamlined” business. The job cuts were initially […]
03/29/2023
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By Arsenio Toledo
IMF head warns: Risks to stability of global financial system have increased after recent upheavals across banking sector
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that the risks to the stability of the global financial system have increased along with “the need for vigilance,” especially after the recent upheavals in the banking sector. Georgieva made these pronouncements while speaking at the China Development Forum in Beijing. She reiterated her view that […]
03/28/2023
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By Arsenio Toledo
Putin to deploy tactical nuclear missiles in neighboring Belarus following increased Western provocations
Russian President Vladimir Putin has announced that his country will begin stationing tactical nuclear missiles in neighboring Belarus as a deterrent amid escalating Western aggression. Putin noted that this recent move was triggered by the United Kingdom’s decision to supply Ukraine with armor-piercing tank rounds containing depleted uranium for its new batch of British-supplied Challenger […]
03/24/2023
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By Arsenio Toledo
US bondholders preparing to sue Swiss government over wipeout of $17 billion worth of Credit Suisse bonds
American investors in Credit Suisse and corporate litigators are preparing to take on the government of Switzerland over its decision to wipe out $17 billion worth of Credit Suisse bonds. Swiss bank Credit Suisse was sold to one of its main competitors, UBS, in a sale brokered by the Swiss government. As part of this deal, […]
03/24/2023
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By Arsenio Toledo
America could turn the Philippines into the next Ukraine in proxy war with China
The United States could turn the Philippines into the next Ukraine by using the Southeast Asian nation to fight a proxy war against China. The Office of the Spokesperson of the U.S. Department of State recently announced that Under Secretary for Political Affairs Victoria Nuland will be meeting with senior Philippine officials “to discuss key aspects of the […]
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