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News & Articles By Arsenio Toledo
06/07/2022
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By Arsenio Toledo
Electricity prices expected to rise significantly this summer
As the energy and inflation crises continue to wreak havoc on the United States, Americans are being forced to use up larger portions of their paychecks to pay their electric bills – and it’s likely to get worse over the summer. According to the Energy Information Administration (EIA), in 2021 average residential electricity prices rose by 4.3 […]
06/07/2022
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By Arsenio Toledo
Glenn Beck: An economic and financial hurricane is coming and Americans need to prepare for it
Conservative political commentator and radio host Glenn Beck warned that an economic and financial hurricane is coming to America and people need to prepare for it. During an episode of his radio show, “The Glenn Beck Program,” he quoted JPMorgan Chase & Co. CEO Jamie Dimon and how the Wall Street executive believes America is […]
06/07/2022
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By Arsenio Toledo
Russian political scientist warns “nuclear war is coming” if the West keeps escalating conflict in Ukraine
Russian political scientist Sergey Mikheyev went on Russian television to warn that the war in Ukraine will escalate into a nuclear Third World War. Mikheyev, a regular pundit on state-owned channels and a known ally of Russian President Vladimir Putin, made this statement during an appearance on a state-owned television station. “The nuclear war is […]
06/07/2022
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By Arsenio Toledo
EU’s embargo on Russian oil will cause oil prices to skyrocket – but Russia will be largely unharmed
The European Union (EU) has just agreed to a partial ban on Russian oil imports. This ban, once fully implemented, is expected to cause oil prices to skyrocket. But Russian officials say the embargo will leave them relatively unscathed. The EU relies on Russia for more than 25 percent of its oil and 40 percent of […]
06/07/2022
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By Arsenio Toledo
Price of gas has more than doubled since Biden’s first day in office
The average price of gas in the United States has more than doubled since President Joe Biden’s first day in the White House in Jan. 2021. On Jan. 20, 2021, Biden’s inauguration day, the average price per gallon of gas was approximately $2.39. As of Saturday, June. 4, the average price for a gallon of gas is at […]
06/06/2022
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By Arsenio Toledo
Record-high oil prices to rise further following Europe’s ban on Russian oil
The European Union (EU) has recently decided to expand its economic sanctions on Russia for the invasion of Ukraine with an embargo on Russian oil. This decision is expected to make record-high global oil prices surge even higher. On May 30, EU leaders agreed to embargo around 90 percent of Russian oil imports to the bloc by the […]
06/03/2022
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By Arsenio Toledo
Shanghai in CHAOS as residents rush to flee the city following rollback of COVID-19 restrictions
The Chinese Communist Party (CCP) has officially rolled back most of its Wuhan coronavirus (COVID-19) restrictions in Shanghai. But this sudden relaxation of restrictions only created chaos as residents en masse packed up their bags and fled the city amid concerns that Beijing could force them back into their homes. Shanghai’s 25 million residents spent […]
06/03/2022
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By Arsenio Toledo
California ordering new water restrictions amid worst drought in state’s recorded history
California is in the middle of its worst drought in recorded history, resulting in mandatory water rationing for millions of people in the state. Nearly all of California is experiencing either a severe, extreme or exceptional drought. Freak weather patterns left the state with very little rainfall from January to March, when California typically receives half […]
06/02/2022
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By Arsenio Toledo
American fuel prices about to breach $5 per gallon mark just as country enters summer travel season
Average gas prices in the United States could soon breach the $5 per gallon mark just as the country enters its summer travel season. National average gas prices are at $4.67 a gallon as of June 1, according to the AAA. This is 12 percent higher than the past month, $1.63 higher than a year earlier […]
05/31/2022
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By Arsenio Toledo
Russian central bank to launch pilot program for digital ruble by 2023
The Central Bank of Russia is on track to begin its pilot project using a digital ruble. This project will involve real customers and real transactions. Western sanctions that have escalated since the beginning of Russia’s invasion of Ukraine have cut the country off from large parts of the global financial system. Since then, the […]
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