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News & Articles By Ramon Tomey
07/28/2022
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By Ramon Tomey
Protests rock Argentina as socialist government cuts subsidies
Protests erupted in the South American nation of Argentina over its government’s decision to cut government subsidies. The government led by President Alberto Fernandez had previously slashed subsidies in the energy sector based on household income in June. However, plans to extend these subsidy cuts to other programs did not sit well with Argentinians – […]
07/28/2022
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By Ramon Tomey
Germany on the cusp of RECESSION following Nord Stream gas flow reductions
Germany is now teetering close to a recession, as reflected by a survey measuring business confidence in the country. The Ifo Institute for Economic Research’s Business Climate Index (BCI), which measures business sentiment in Germany, fell to 88.6 in July from 92.2 the previous month. The Munich-based think tank’s index, which polls 9,000 managers across […]
07/26/2022
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By Ramon Tomey
Intense DROUGHT driving Texas ranchers to sell off cattle herds
The drought affecting the whole of Texas is forcing ranchers to sell off their cattle herds. One report by CBS News elaborated on this issue, emphasizing the reality of ranchers having to sell off herds of cattle due to the lack of water and grass to feed them. It cited footage from North Texas that showed […]
07/24/2022
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By Ramon Tomey
Beijing deploys TANKS to quell angry depositors wanting to withdraw their savings
The Chinese government has deployed tanks on the streets to quell angry citizens wanting to withdraw their savings. In a scene resembling the infamous Tiananmen Square protests and subsequent massacre in 1989, Beijing sent tanks from the Chinese People’s Liberation Army (PLA) to patrol the streets of Henan province as protesters clashed with law enforcement. Depositors, […]
07/21/2022
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By Ramon Tomey
EU energy firms racking up more DEBT to offset exorbitant energy costs
As energy prices continue their ascent, energy firms in the European Union (EU) are taking on more debt to offset these costs. Bloomberg reported on July 18 that the companies’ overall debt has jumped by more than half since the pandemic’s onset in early 2020. The total amount of debt now stands at €1.7 trillion ($1.74 trillion). Furthermore, […]
07/19/2022
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By Ramon Tomey
California’s untilled fields set to double amid water crisis in the state
More fields in California meant for growing food crops may become idle as the water crisis in the Golden State worsens. According to Josue Medellin-Azuara, associate professor at the University of California, Merced (UC Merced), around 800,000 acres of farmland in California could be left untilled. This was double the size of unworked farms in 2021, […]
07/12/2022
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By Ramon Tomey
Farmers across EU rise up against tyrannical “green” mandates that threaten food supply
Footage of farmers across Europe taking to the streets against policies that threaten the world’s food supply went viral on social media. The radical policies imposed by the European Union sought to slash carbon emissions by more than half come 2030. Dutch farmers have protested for weeks against Amsterdam’s plan to forcibly close farms. The […]
07/10/2022
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By Ramon Tomey
United Nations brags about supposed “benefits” of WORLD HUNGER in now-deleted op-ed
The United Nations (UN) touted the supposed “benefits” of world hunger in an op-ed dating from 2008. The piece, which the UN initially defended as “an attempt at satire,” was subsequently taken down. In the article published in the UN Chronicle, University of Hawaii political science professor George Kent argued that hunger actually has “great […]
07/08/2022
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By Ramon Tomey
FDA to help foreign baby formula makers sell their products beyond current shortage
The Food and Drug Administration (FDA) is set to assist foreign companies who manufacture baby formula in marketing their products beyond the current domestic shortage. According to the Wall Street Journal (WSJ), the regulator is developing a new framework to allow global baby formula makers to stay in the U.S. market. This framework will involve […]
07/07/2022
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By Ramon Tomey
German banks prepare for companies to default on loans due to energy crunch
German banks are preparing for a possible influx of companies defaulting on their loans as the country faces a looming energy shortage. Quoting several high-ranking banking officials, Bloomberg reported that financial institutions in the European nation are expected to put aside extra funds. This, it added, sought to tackle a potential spike in defaults in […]
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