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News & Articles By Arsenio Toledo
12/16/2022
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By Arsenio Toledo
Millions of Americans in multiple states face elevated risk of winter power outages
Millions of people in multiple states are at an elevated risk of having power outages this winter. Texas, New England, the Great Lakes and the American Southeast are facing “unprecedented” and “widespread” reliability risks this winter, according to the 2023 Winter Assessment report of the North American Electric Reliability Corporation (NERC), the United States’ grid reliability coordinator. (Related: […]
12/16/2022
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By Arsenio Toledo
Federal Reserve once again raises interest rates, Fed chair warns of more rate hikes next year
Federal Reserve Chair Jerome Powell warned that the central bank will continue raising interest rates next year just as it raised its benchmark interest rate to the highest level in 15 years. Powell claimed that if the Fed does not continue raising interest rates in 2023, Americans will have to pay a higher cost as […]
12/15/2022
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By Arsenio Toledo
Almost a thousand Indian and Chinese troops engage in fresh clashes along disputed border
Hundreds of Indian and Chinese soldiers engaged in border clashes on Friday, Dec. 9, leading to several injuries. It was the first breakout of violence between both nations since their massive clashes in 2020. Indian Minister of Defense Rajnath Singh confirmed that the clashes occurred in a recent address to lawmakers in the Indian Parliament. […]
12/15/2022
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By Arsenio Toledo
Gallup poll shows most Americans believe the government is the nation’s top problem in 2022
A new Gallup poll shows that Americans have listed the United States government as the nation’s main problem for the seventh time in the past 10 years. The poll, published by Gallup on Tuesday, Dec. 13, was conducted from Nov. 9 to Dec. 2 consisting of 1,020 American adult respondents. The results found that 19 […]
12/14/2022
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By Arsenio Toledo
Bahamian government wants to take back $256 million-worth of luxury properties bought by FTX executives (with other peoples’ money)
Lawyers in the Caribbean archipelagic nation of the Bahamas say FTX founder and CEO Sam Bankman-Fried and co-CEO Ryan Salame spent $256.3 million buying different properties in the country. Now, regulators want all of these properties returned to the state. The Bahamian officials went to a federal court in Delaware asking the court to dismiss FTX’s […]
12/14/2022
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By Arsenio Toledo
Foxconn spends $500 million to expand manufacturing in India, reduce reliance on tumultuous iPhone plant in China
Taiwan’s Foxconn Technology Group has just announced a $500 million investment to expand its operations in India as it seeks to diversify its supply chain after labor unrest in its massive plant in Zhengzhou, China, disrupted manufacturing. Foxconn is one of the largest electronics contract manufacturers in the world. Its plant in Zhengzhou, known as […]
12/12/2022
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By Arsenio Toledo
Severe water shortages loom as American government fails to invest in water infrastructure
The United States’ water shortage situation is critical. More states could experience more severe water shortages in the future if droughts persist and if the government fails to invest in water infrastructure. During an appearance on the show “Liberty and Finance,” investment guru and financial expert Rick Rule discussed how this situation will only get […]
12/09/2022
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By Arsenio Toledo
Ukrainian drone strikes deep within Russia could spark a bigger war involving the US
Ukraine’s recent drone strikes deep within Russian territory could escalate the conflict, as Russia could come to the conclusion that the strikes were done with the help of the United States. The drone strikes conducted by Ukraine were supposedly in retaliation for Russian strikes targeting Ukrainian energy infrastructure. (Related: Ukrainian drones strike airbases inside Russia […]
12/08/2022
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By Arsenio Toledo
Switzerland plans to temporarily limit electric vehicle use this winter due to energy shortage
Switzerland is planning to temporarily limit the use of electric vehicles this winter in case the country’s energy supply drops low enough that power blackouts become a possibility. Under the new plan, which takes inspiration from Wuhan coronavirus (COVID-19) lockdowns, Switzerland could ban electric cars from making non-essential journeys during the winter to deal with potential energy shortages. […]
12/07/2022
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By Arsenio Toledo
Poland’s liberals could start a CIVIL WAR if they regain power in 2023 election, warns conservative leader
Jaroslaw Kaczynski, chairman of Poland’s ruling conservative party, Law and Justice (PiS), has accused his country’s leading opposition party of planning to launch a campaign of unprecedented repression if his party loses. Kaczynski said this could lead to “something like a civil war.” Kaczynski, who briefly served as Poland’s prime minister from 2006 to 2007, […]
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