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News & Articles By Arsenio Toledo
10/25/2022
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By Arsenio Toledo
Russian defense minister warns situation in Ukraine “trending towards uncontrolled escalation”
Russian Minister of Defense Sergei Shoigu recently warned that his country’s special military operation in Ukraine was rapidly deteriorating and trending towards “uncontrolled escalation.” Shoigu made this statement during calls to French Minister of the Armed Forces Sebastien Lecornu and Turkish Minister of National Defense Hulusi Akar. Shoigu told Lecornu that Moscow had concerns Ukraine could […]
10/21/2022
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By Arsenio Toledo
Qatar refuses to divert gas flows to Europe due to existing contracts with Asian customers
Qatar is refusing lobbying efforts by Europe to divert gas flows to the continent due to the disappearance of Russian natural gas. Qatari officials said they can’t go against their contracts with other clients just because the West demands it. European natural gas buyers have been scrambling to secure alternative sources of supply since the […]
10/20/2022
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By Arsenio Toledo
Bird flu and food inflation push turkey prices 73% higher than last year
Turkey prices are currently 73 percent higher than they were last year, and might stay that way or get worse as Thanksgiving approaches. The price per pound for an eight- to 16-pound turkey is currently at $1.99, up from $1.15 las year, according to data from the U.S. Department of Agriculture (USDA). This constitutes a 73 […]
10/19/2022
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By Arsenio Toledo
Los Angeles desperately trying to meet water demand as drought continues to threaten future supplies
The city of Los Angeles is pushing for water independence as severe drought continues to wreak havoc throughout California. However, many projects to expand the city’s ability to capture, store and recycle water remain unfinished, with target dates for some major projects set as far as 2050. “It’s as low as I can remember it,” said […]
10/18/2022
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By Arsenio Toledo
Mississippi River drought wreaks havoc across America’s supply chains
Drought conditions all along the Mississippi River are causing barges and other ships to get stuck at certain junctions of the river, clogging up a critical artery in the American supply chain. The low water is caused by a lack of rain in the Ohio River Valley and the Upper Mississippi. It has halted commercial […]
10/18/2022
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By Arsenio Toledo
Probability of a recession hitting the US within 12 months reaches 100%, warn economists
A new model projection from Bloomberg Economics predicts a recession in the next 12 months with 100 percent certainty, a blow to President Joe Biden’s economic messaging ahead of next month’s midterm elections. The latest recession probability models were done by Bloomberg economists Anna Wong and Eliza Winger. They believe there is a 100 percent […]
10/13/2022
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By Arsenio Toledo
Europe will experience the worst energy crisis in history if it keeps turning away Russian oil and gas
Experts have warned that the European Union’s act of divesting itself of Russian oil and natural gas exports will result in the worst energy crisis the continent has ever experienced. The latest data show that Russia has lost around 60 percent of its seaborne crude oil sales since February when the EU stopped purchasing Russian oil as part of […]
10/13/2022
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By Arsenio Toledo
Europe to feel impact of turning away from cheap, plentiful Russian energy
Moscow has warned that the European Union’s (EU) decision to turn away from Russian energy will lead to “very deplorable consequences” that will be felt for decades. Speaking to Russia-1, Kremlin Press Secretary Dmitry Peskov warned that Europe attempting to reduce its reliance on Russian energy imports could lead to their deindustrialization for up to 20 years. (Related: […]
10/11/2022
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By Arsenio Toledo
Russian lawmaker: Attack on Crimean Bridge “a declaration of war without rules” against Russia
The Russian State Duma has called the explosion at the Crimean Bridge a “declaration of war without rules,” warning that Moscow will almost certainly retaliate for the West’s attacks on vital civilian infrastructure. On Oct. 8 at approximately 6 a.m. local time, a massive explosion was set off by a truck while it was on […]
10/11/2022
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By Arsenio Toledo
GREAT RESIGNATION: Number of unemployed Americans who voluntarily left their jobs to look for better work reaches 32-year high
The latest jobs report from the Bureau of Labor Statistics (BLS) shows that the Great Resignation is far from over, and millions of Americans are still voluntarily leaving their jobs. According to the report, the number of unemployed Americans who quit or otherwise voluntarily left their jobs and immediately began looking for new employment rose to 15.9 […]
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