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News & Articles By Arsenio Toledo
08/01/2022
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By Arsenio Toledo
Russia reduces amount of gas flowing to Europe through Nord Stream 1 pipeline by 80%
Russia has once again reduced the amount of gas flowing through Nord Stream 1 to Europe. The country has now cut gas flows by 80 percent, causing an energy crisis in Europe ahead of the cold winter season. According to Russian state-owned energy corporation Gazprom, the company has reduced gas supplies over the Nord Stream […]
08/01/2022
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By Arsenio Toledo
China deploys tanks to prevent people from withdrawing savings from troubled banks
The Chinese Communist Party (CCP) has ordered the deployment of tanks in the central province of Henan to prevent people from withdrawing their money from the Bank of China, which wants to turn the savings of depositors into “investment products.” Henan’s Bank of China branches collaborated with the CCP to prevent depositors from withdrawing their savings […]
07/29/2022
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By Arsenio Toledo
New Jersey government asks residents to conserve water as heatwave threatens the state’s water supply
New Jersey Gov. Phil Murphy and his administration have asked residents and businesses in the state to conserve water amid a persistent heatwave that kept metro area temperatures over 100 degrees Fahrenheit for days. “Now is the time for New Jersey to be especially mindful of water usage and proactively moderate our consumption,” said Commissioner of Environmental Protection […]
07/29/2022
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By Arsenio Toledo
New vehicle retail sales for July expected to DROP by 10.8% year-over-year
The latest projections from automotive industry research and consulting firms show that new vehicle retail sales for the month of July are expected to crash by nearly 11 percent compared to the number of cars sold in the same month last year. The forecast was made jointly by J.D. Power and LMC Automotive, which both predict […]
07/27/2022
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By Arsenio Toledo
Ukraine has sold $12 billion of its gold reserves since start of Russian invasion
The central bank of Ukraine has sold over $12 billion of its gold reserves since the start of the Russian invasion. This is according to the deputy head of the National Bank of Ukraine, who confirmed on July 17 that the bank has sold $12.4 billion of its gold reserves since late February. “We are […]
07/27/2022
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By Arsenio Toledo
Record number of Americans having difficulties covering household expenses as inflation crisis continues
The Census Bureau has found that more Americans are now having difficulties paying their bills than during the Wuhan coronavirus (COVID-19) pandemic lockdowns in 2020. The bureau conducted a poll in late June and early July asking whether adults in households have had difficulty paying for usual household expenses in the last seven days. According to the data, […]
07/26/2022
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By Arsenio Toledo
Food collapse, labor shortages affecting restaurants all over the country
The continued collapse of America’s food production is causing shortages, affecting restaurants all over the country. Perry Stone of Perry Stone Ministries, noted that the shortages are affecting restaurants in his hometown of Cleveland, Tennessee, a small city that gets a lot of visitors – including those coming in to visit his church services. (Related: […]
07/26/2022
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By Arsenio Toledo
California regulator to investigate crypto companies for not disclosing risks of crypto lending activities
The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing cryptocurrency accounts as it begins an investigation into whether big players in this part of the crypto industry have broken the law. Without naming which companies, the DFPI stated that multiple businesses engaged in providing interest-bearing […]
07/26/2022
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By Arsenio Toledo
Desperate crypto investors scramble, beg to withdraw their money
Regular Americans who invested and stored their assets in crypto banks are now reeling and fighting tooth and nail just to get all of their assets back. Big-name cryptocurrency lending companies like Celsius Network and Voyager Digital also offered bank-like accounts that pay interest rates far higher than traditional lenders. These companies even marketed themselves […]
07/25/2022
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By Arsenio Toledo
US unemployment claims rise to highest level in eight months
The number of Americans that have applied to receive unemployment benefits has jumped for the third week in a row. According to the Department of Labor, this latest jump in jobless claims is the highest in eight months. For the week ending on July 16, initial unemployment claims increased by 7,000 to 251,000. Economists surveyed by Reuters only expected […]
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