The Biden White House has boasted of a buoyant economy, even as filling station prices hit $8 per gallon in some states and interest rate hikes bite into household earnings. Dr Jack Rasmus, professor of economics and politics at Saint Mary's College in California, argued the US was facing a major slump.
The US is on the road to ruin as attempts to control inflation plunge the economy into recession, says an economist.
Media have speculated that Federal Reserve interest rate hikes will finally come to an end, after figures for October showed the first fall in retail sales in seven months, especially in the motor and hobby sectors.
Fed Chairman Jerome Powell has made no secret of his intention to flatline the US economy at the cost of American jobs, all in the name of taming rampant inflation fuelled by sanctions on energy and food exporter Russia.
Economist Dr Jack Rasmus told Sputnik that that slump was worse than it appeared.
The impending US government shutdown was narrowly averted on Thursday when President Joe Biden signed another stopgap spending bill into law shortly before the funding deadline expired on November 17.
The stopgap spending bill does not include Biden’s funding requests for Ukraine and Israel, which essentially means that these countries won’t be getting more US money anytime soon, according to Michael Maloof, a former senior security policy analyst in the Office of the Secretary of Defense.
“There was $1 billion left by, once again, one of those creative accounting systems within the Defense Department. Oh, look, we found another $6 billion. Well, it's now down to this pile that they miraculously discovered, it is down to $1 billion. And it's not going to last,” he told Sputnik, apparently referring to funds the US allocated previously to support Kiev.
At the Asia-Pacific Economic Cooperation (APEC) summit, Russia presented its initiatives to develop transport corridors, Deputy Prime Minister Alexei Overchuk, who led the Russian delegation, said.
"We stressed the importance of maintaining uninterrupted supply chains. And we also presented to economic leaders our initiatives in the area of connectivity, as well as investment and development, building and improving our railroad infrastructure," Overchuk told reporters.
He noted modernization and improvement of the route in the eastern part of Russia, which will be able to maintain flows of goods from the Asia-Pacific region to the West.
“We also presented to economic leaders our initiative to create a North-South Corridor with the Baltic Sea and the Persian Gulf,” Overchuk said.
Over 8,800 online users have signed a petition to the Finnish authorities urging them not to close the southeastern land border crossings with Russia, as the families and spouses of a number of nationals reside in both countries and may be prevented from visiting each other by the new restrictions.
On Thursday, the Finnish cabinet said it had decided to close four out of eight checkpoints on the border with Russia from November 18 to February 18, 2024 due to the deteriorating situation with migrants.
As of 09:55 GMT Saturday, the petition launched on November 16 was signed by 8,848 people, according to the аdressit.com website.
"The government's decision to completely close the border traffic between Finland and Russia contradicts the human rights. I demand that the law be changed because it breaks family ties. Many people have close relatives on both sides of the [Finnish-Russian] border," the petition's description states.
Israeli and Hamas officials are in the middle of negotiations in Qatar with support from the United States, US investigative journalist Seymour Hersh said citing sources.
"Talks between the Hamas leadership and Israel, with support from the United States, are now going on in Qatar," Hersh said in his column published on Substack on Friday. "The American team includes CIA Director William Burns, President [Joe] Biden’s most experienced foreign policy aide."
According to Hersh, a tentative agreement was reached days ago between Israel and Hamas.
Under the tentative agreement, Hamas agreed to release 50 women and elderly hostages in return for the release of hundreds of women and teenage girls of Hamas families who are now in Israeli jails, Hersh added.
The advanced hydroacoustic complex of a Borei-class submarine enables it to effectively track underwater enemy weaponry, accurately measure ice thickness, and detect open water patches.
Russia’s Borei-class strategic nuclear-powered submarines are equipped with sonar systems that are much more sensitive than those installed on their US rivals, Russian military experts Vitaly Bychkov and Vladimir Semiletov have pointed out in an article published by the Arsenal Otechestva (lit. Arsenal of the Motherland) magazine.
They praised the hydroacoustic complex as “one of the innovative means of superiority” of the Borei-class submarines.
This week, the residents of California’s fourth largest metropolis were surprised to find their streets free of homeless encampments, drug addicts, pimps, and dealers. Did a political revolution happen while they slept, or is something else at play?
Just as the denizens of San Fransisco were finally getting used to the stench of human urine in the morning, along comes the street cleaners to flip the status quo on its head. Is this a sign that the voters' extravagant tax dollars are finally being put to good use? Well, we can dream. The fact is, this Democratic city, which is playing host to the Asia-Pacific Economic Cooperation (APEC) summit (November 14-16), has taken great strides to hide its seedier side from the world’s gaze. This old trick has been tried before.
UK Prime Minister Rishi Sunak has said he intends to confront critics of his government’s controversial plans to deport asylum seekers to Rwanda, days after the proposal was struck down by London’s Supreme Court.
The Rwanda asylum policy, which was part of a campaign pledge by Sunak to vastly reduce the flow of immigrants arriving into the UK on small boats across the English Channel, would see those arriving illegally deported to the African nation.
However, on Wednesday the Supreme Court unanimously ruled that the policy was not actionable. It claimed people sent to Rwanda would be at “real risk” of being returned to their home country, regardless of whether their grounds to seek asylum were legitimate or not – a breach of international human rights law.
A senior lawmaker in Israel has urged the military to “burn” Gaza and not allow any fuel into the Palestinian enclave unless all hostages held by Hamas are released.
The comments made on Friday by Nissim Vaturi, deputy speaker of the Knesset, are the latest in a string of incendiary remarks by Israeli politicians on the deadly fighting with Hamas.
“All of this preoccupation with whether or not there is internet in Gaza shows that we have learned nothing. We are too humane,” Vaturi, a member of Prime Minister Benjamin Netanyahu’s Likud party, wrote on X (formerly Twitter).
“Burn Gaza now, nothing less! Don’t allow fuel in, don’t allow water in until the hostages are returned!”
Australia’s military has accused Beijing of “unsafe and unprofessional conduct” following an incident off Japan’s coast, claiming a Chinese warship emitted dangerous sonar waves near Australian divers despite repeated warnings.
In a statement on Saturday, Canberra’s Defense Minister Richard Marles said his government had voiced “serious concerns” to China over the encounter in Japan’s exclusive economic zone earlier this week, which involved an Australian frigate and a People’s Liberation Army Navy (PLA-N) destroyer.
The once-glorified clean-energy stocks are now facing their darkest days, plunging the industry into a financial abyss that threatens America’s ambitious environmental aspirations. The much-touted green revolution is looking more like a red alert as the sector hemorrhages tens of billions in market value.
Sure, we’re told that hundreds of billions is still pouring into renewable energy projects, despite the fact that the stock market seems to have declared a resounding “no thanks” to these ventures. The iShares Global Clean Energy ETF (Exchange-Traded Fund), the poster child for the industry, has nosedived by over 30% this year and a whopping 50% since the dawn of 2021.
Not to be outdone, specific sectors are getting their fair share of punishment. The Invesco Solar ETF is down over 40% in 2023, while the First Trust Global Wind Energy ETF is witnessing losses of about 20% this year and a grim 40% since January 2021. It seems the wind has been knocked out of their sails.
Reporters with a Turkish broadcaster have accused Israeli police of assaulting a member of their team, with footage of the Friday incident appearing to show an officer smashing the journalist’s camera with the barrel of his rifle.
Working for Türkiye’s TRT news outlet, the camera crew was reporting from East Jerusalem’s Old City, where Israeli security forces clashed with Palestinians near Al Aqsa Mosque.
“The Israeli police physically interfered with the TRT news team, breaking their camera with the barrel of a gun as they were working to cover events in the volatile region,” TRT reported, adding that the team was “reporting on Israeli forces blocking and using force against Palestinians heading to Al Aqsa Mosque” at the time.
Daily raids, increased Israeli checkpoints between major cities and a clampdown on travel permits for inhabitants to work outside the West Bank are all "fuelling anger” in the Palestinian territory says FRANCE 24's James André, reporting from Tel Aviv. "What we have is very difficult conditions to move around in the occupied West Bank, a catastrophic economic situation and daily calls for people to come out and protest. One of these protests could very well turn into a full-blown riot.”
Israeli troops carried out building-by-building searches at Gaza's main hospital on Friday, after a communications blackout in the Palestinian territory compounded fears for civilians trapped inside the facility. Al-Shifa hospital has become a focal point for Israeli operations in northern Gaza since soldiers raided the complex on Wednesday, hunting for a command centre they say militant group Hamas operates at the site. Hamas and hospital managers deny that charge, and there has been international concern about thousands of people -- including wounded patients and premature babies -- believed to be inside. As Israeli forces search Gaza hospital, FRANCE 24's Will Hilderbrandt is joined by Dr Rob Geist Pinfold, Lecturer in Peace and Security in the School of Government and International Affairs at Durham University.
At a Chinese-run lithium mine in Namibia, local workers have complained for months about squalid living conditions and unsafe work practices.
An August fact-finding mission by the Mineworkers Union of Namibia into the Uis mine — which is operated by Chinese mining company Xinfeng Investments — found that the mine's local employees live in tiny, hot shacks made of corrugated zinc and without proper ventilation.
The union also faulted a lack of privacy in the sanitation blocks, where toilets and showers are lined up without partitions between them. By contrast, the mine's Chinese workers have comfortable air-conditioned rooms and decent bathrooms.
The union also criticized Xinfeng for failing to provide protective clothing and ensure adequate safety measures were in place for local workers.
As The Gateway Pundit reported earlier, House Speaker Mike Johnson has released the first bunch of January 6th videos that is now available to the general public on the Committee on House Administration website.
As of right now, there are over 90 videos on the Committee on House Administration site, but Rep. Johnson has promised to upload more as the days go on.
One of the most intriguing videos released is the moment a Capitol Police Officer is spotted un-cuffing and even fist-bumping a protester near an exit point.
The video starts with an officer guiding a handcuffed “protester” wearing a helmet and some protective gear to the Capitol’s exit point.
The Washington Free Beacon reported that the California governor has provided funding to mosques that preach anti-Semitism as well as Islamic advocacy groups with alleged ties to Hamas.
In January 2022, Newsom’s office released $47.5 million to provide “physical security enhancements to nonprofit organizations that are at high risk for violent attacks and hate crimes due to ideology, beliefs or mission.”
Of that money, $40 million has gone to “mosques whose leaders cheer the annihilation of Jews and Israel,” according to the Free Beacon.
Jerome Brooks (right) one of the Black male staffers who was berated by Congresswoman Sheila Jackson Lee (left), in her infamous audio recording has reportedly committed suicide at 36 years of age according to multiple sources. DEAD SILENCE... As far as we know, the Sheila Jackson Lee for Mayor of Houston Campaign has not said a word about the untimely death of Jerome Brooks, who, according to several sources took his life on Sunday, October 29, 2023, which was only a few days after "LEAKED AUDIO"of Congresswoman Sheila Jackson Lee, berating Jarome Brooks and another staffer calling them idiots surfaced.
Georgia prosecutors on Friday asked a judge to set Trump’s trial for August 5, 2024 – a few weeks before the Republican National Convention and 3 months before the 2024 election.
Fulton County DA Fani Willis’s prosecutors cited Trump’s other DC and Florida trials scheduled for March and May as the reason to begin the Georgia trial in August.
“The State requests that this Court schedule the remaining Defendants for a Final Plea hearing date of Friday, June 21, 2024, and to begin trial on Monday, August 5, 2024. This proposed trial date balances potential delays from Defendant Trump’s other criminal trials in sister sovereigns and the other Defendants’ constitutional speedy trial rights,” Georgia prosecutors wrote in a motion reviewed by The Gateway Pundit.
Jimmie Gardner, the brother-in-law of prominent Democratic figure and former Georgia gubernatorial candidate Stacey Abrams, has been arrested on serious charges of human trafficking and attacking a teenager.
Gardner, who has a controversial past including a previous conviction for sexual assault that was later overturned, was apprehended by Tampa authorities according to WFLA 8. He is accused of engaging in illicit activities with a 16-year-old girl.
A statement from the Tampa Police Department indicated that Gardner encountered the minor at 1:43 a.m. and extended an invitation to her to join him in his room at the Renaissance Hotel located at International Plaza.
“The Israelis raided a hospital and found … toilets and a ventilation system. They want you to believe this justified genocide. I’m so glad they are showing the world how pathetic their propaganda is.”
The yield curve is inverter, the unemployment and jobs rates are taking an absolute sh*t this month, you cant even rely on easy win stocks like MSFT and TSLA at this point, every investment you make loses money.
A grassroots activist concerned about election fraud worked for Maricopa County Elections Department in signature verification for five weeks prior to the 2020 election. After she was fired for what she said she believes was asking too many questions, she continued to look into anomalies, such as signatures accepted on mail-in ballot affidavits that did not match the voters’ signatures on their voter registrations. The volunteer activist canvassed some of the homes with mismatching signatures after the 2020 general election looking for votes to cure on behalf of Trump Victory, a project of the Trump Campaign.
The volunteer discovered that many of them — which were generally modest homes in heavily Democratic areas — had exactly 25 people registered to vote at each address.
Shelby Busch, co-founder of We the People AZ Alliance, which has worked uncovering evidence of wrongdoing in the 2020 and 2022 elections, told The Arizona Sun Times, “Unfortunately, these stories are not isolated occurrences. We received similar reports all across the state of Arizona.”