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News & Articles By Arsenio Toledo
03/23/2023
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By Arsenio Toledo
Russia and China pledge friendship, denounce the West
Chinese President Xi Jinping promised Russian President Vladimir Putin that significant changes are coming at the conclusion of the latter’s state visit that had both nations denouncing the United States and the West. This occurred at the end of Xi and Putin’s three-day meeting in Moscow, with the Chinese leader informing his Russian counterpart that their nations […]
03/22/2023
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By Arsenio Toledo
Newly-built One Vanderbilt skyscraper in New York City evacuated after intense shaking
People in the 93-floor skyscraper One Vanderbilt in Manhattan panicked and fled after the entire building shook following an elevator malfunction. One Vanderbilt, one of New York City’s newest skyscrapers, is a $3.31-billion tower sitting just north of Grand Central Station in Midtown Manhattan. The recently opened building was undergoing maintenance on the afternoon of Tuesday, […]
03/15/2023
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By Arsenio Toledo
Small and regional banks are being left to fend for themselves while big banks like Silicon Valley Bank are being bailed out
As the federal government scrambles and spends as much American taxpayer dollars as it can to bail out big banks like Silicon Valley Bank and Signature Bank, small and regional banks that have been negatively affected by the fallout of their collapses are being left to fend for themselves. Following the near-overnight bank failures of […]
03/15/2023
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By Arsenio Toledo
PLANNED DEMOLITION? Biden and FDIC BLOCKED efforts by private buyers to take over Silicon Valley Bank before it collapsed
Right before Silicon Valley Bank collapsed and was subsequently nationalized using taxpayer dollars, the Federal Deposit Insurance Corporation (FDIC) prevented efforts by private buyers to purchase the bank. Members of the Wall Street Journal editorial board noted that, despite federal claims that it could not find a buyer for SVB, a source has told them that both the […]
03/14/2023
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By Arsenio Toledo
Bank collapse contagion? Customers line up to take their money out of First Republic Bank
Customers of First Republic Bank in Southern California are lining up outside bank branches, eager to withdraw their funds in the wake of the collapse of Silicon Valley Bank (SVB). SVB’s collapse has raised fears that First Republic could suffer a similar bank run that could lead to its own demise. Analysts have even pointed […]
03/14/2023
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By Arsenio Toledo
CLAIM: Signature Bank shut down and seized by feds to send warning message to crypto industry
Federal regulators on Sunday, March 12, announced that they were intervening to shut down Signature Bank. The bank’s director claims it was seized to send banks a message to stay away from cryptocurrencies. This decision was made two days after Signature Bank customers, spooked by the overnight collapse of Silicon Valley Bank, withdrew more than […]
03/14/2023
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By Arsenio Toledo
SHUTTING DOWN: General Motors offers buyout to 35k salaried workers in Michigan in an attempt to reach $2B in cost savings
The majority of General Motors’ salaried workers were offered voluntary buyouts as the automotive company struggles to cut $2 billion from its costs. GM has approximately 58,000 salaried employees in the United States, around 60 percent of whom work in Michigan across 25 facilities and offices in the state, including GM’s global headquarters at the […]
03/14/2023
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By Arsenio Toledo
China may have already deployed unstoppable hypersonic missiles capable of targeting American bases in the Pacific
The chief of the Defense Intelligence Agency (DIA) has warned that China may have already deployed a near-unstoppable hypersonic missile capable of striking American bases in the Pacific. DIA chief scientist Paul Freisthler told a House Armed Services subcommittee that China has been working on building an intercontinental ballistic missile tipped with a hypersonic glide warhead since […]
03/14/2023
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By Arsenio Toledo
Shareholders file class action suit against Silicon Valley Bank over alleged securities fraud
The recently collapsed Silicon Valley Bank (SVB) is now facing a lawsuit filed by its shareholders, who are alleging that the bank is in violation of federal securities laws. The class action suit of shareholders led by Chandra Vanipenta is directed against SVB Financial Group, the bank’s parent company, and its Chief Executive Officer Greg Becker and […]
03/13/2023
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By Arsenio Toledo
RINO Ohio Gov. Mike DeWine still refusing to declare disaster in East Palestine weeks after toxic chemical spill
Republican Ohio Gov. Mike DeWine is still refusing to issue a disaster declaration even as Norfolk Southern’s trains continue to derail all over the country and the one that caused the disaster in East Palestine, Ohio continues to wreak havoc on its residents. “Despite the fact that Mike DeWine lit and ignited a chemical weapons bomb […]
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