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News & Articles By Arsenio Toledo
07/03/2022
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By Arsenio Toledo
Biden admin preventing America’s second-largest LNG plant from restarting operations
The administration of President Joe Biden is preventing America’s second-largest liquefied natural gas (LNG) plant from restarting operations after it was forced to shut down due to a fire in June over alleged “risks to public safety.” On June 8, an unexplained explosion knocked out Freeport LNG’s plant in Quintana, Texas, after the blast caused a fire […]
07/01/2022
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By Arsenio Toledo
Wells Fargo CEO warns American economy unprepared for Fed interest rate hikes
Wells Fargo CEO Charles Scharf warned that America’s economy is not prepared to deal with the Federal Reserve’s interest rate hikes. Scharf gave this warning during an interview on CNBC. It follows the Fed’s announcement that it will try to rein in out-of-control inflation with more rate hikes. Fed Chair Jerome Powell claimed this is the only […]
07/01/2022
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By Arsenio Toledo
Still no end in sight: Food inflation soars to highest level in 42 years
Food prices in the United States have once again shot up, this time at their fastest annual pace in 42 years. According to data released by the Department of Commerce on June 30, the personal consumption expenditures price index showed food prices in May 2022 increasing by 11 percent year-over-year. Furthermore, the Bureau of Labor Statistics’ Consumer Price Index […]
06/30/2022
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By Arsenio Toledo
Biden announces MASSIVE military expansion in Europe in response to string of Russian victories in Ukraine
In response to consistent Russian gains in Ukraine, President Joe Biden announced that the United States is significantly expanding its military presence in Europe. Biden made this announcement during a summit with other North Atlantic Treaty Organization (NATO) members. “We’re stepping up. We’re proving that NATO is more needed now than it ever has been,” said Biden at the […]
06/30/2022
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By Arsenio Toledo
Texas drought could eclipse drought of 2011, the state’s worst on record
The ongoing drought in the state of Texas is approaching levels not seen since the historic drought of 2011. More than 45 percent of the contiguous United States is currently experiencing a drought, including most of the Southwestern U.S., which is dealing with severe, extreme or exceptional levels of drought. The 2011 drought was the driest […]
06/30/2022
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By Arsenio Toledo
“Crypto Nostradamus” John Perez: $2 trillion loss in value just the start, larger crypto crash coming
John Perez, the “crypto Nostradamus” who predicted the cryptocurrency market’s ongoing collapse, believes an even bigger crash is looming over the horizon for cryptocurrencies. Latest reports by industry analysts have warned that cryptocurrencies have lost around $2 trillion in value since their peak in Nov. 2021. This is according to crypto data website CoinMarketCap, whose investigation found […]
06/29/2022
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By Arsenio Toledo
Ukrainian farmers destroy harvest equipment to prevent Russians from seizing their crops
Ukrainian farmers are destroying their own harvest equipment to prevent the Russian army from confiscating them and their unharvested crops. Dan Basse, president of agricultural industry research firm AgResource Company, noted that many of his clients in Ukraine “have been actually damaging their combines so the Russians can’t combine the wheat.” “It’s a war zone. […]
06/29/2022
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By Arsenio Toledo
Hackers steal over $104 million worth of crypto assets from blockchain bridge
Hackers have stolen approximately $104 million worth of cryptocurrency from cryptocurrency startup Harmony, which hosts the Horizon “blockchain bridge.” Blockchain bridges facilitate communication between different blockchains and allow users to send cryptocurrencies and other assets like tokens and NFTs between different blockchains. These bridges play big roles in the world of decentralized finance (DeFi), as the spread-out nature […]
06/28/2022
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By Arsenio Toledo
Announcement of Russia defaulting on debts an attempt to divert attention away from the West’s endless money printing
The announcement that Russia has defaulted on its debt is an attempt by Western central banks to hide the fact that it is destroying the global financial system by flooding it with more newly printed money. Russia has supposedly defaulted on its external sovereign bonds for the first time since 1918. This is the culmination of severe […]
06/28/2022
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By Arsenio Toledo
Food and fuel shortages, price spikes continue to get worse in protest-hit Ecuador
In protest- and riot-hit Ecuador, regular people are continuing to suffer due to food and fuel shortages and price spikes. Tens of thousands of Ecuadorians all over the country are currently embroiled in demonstrations, strikes and violent protests, putting the country at a near standstill as the global spike in food prices and the constricting […]
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