Finland Joining NATO – Is Ukraine Next?
Spread the loveIs NATO edging toward war with Russia? NATO members have delivered more than $70 billion in military aid to Ukraine. Much of that comes from the U.S., based…
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OPEC+ Production Cut Makes $100/barrel Oil Likely Soon
Spread the loveSaudi Arabia and Russia cutting back oil production will increase their revenue, while causing inflation in the USA to resume soaring.
The Truth Central Apr 4, 2023: Is Stagflation Looming for the US?
It looks like the U.S. is headed for a period of high inflation and low growth, better known as stagflation. Dr. Jerome Corsi breaks down what's happening and leading to…
“Dr. Doom” Economist Nouriel Roubini Warns of Stagflation, High Inflation Low Growth
Spread the loveThe Catch-22 scenario that central banks have triggered should have been obvious to every economist as soon as they began tightening into the financial weakness and instability created…
Fast-Food Giant McDonald’s Closes Corporate Office, Prepares for Layoffs
Spread the loveFast-food giant McDonald’s Corp. is preparing to notify its corporate staff about layoffs early this week in an extensive organizational overhaul. Last week, the Chicago-based fast-food chain sent…
Oil Prices Surge after OPEC+ Cuts Production
Spread the loveOil prices have surged after several of the world’s largest exporters announced surprise cuts in production. The price of Brent crude oil is trading above $84 a barrel…
Japan Breaks with U.S. & EU, Buys Oil from Russia Above $60/barrel Cap
Spread the loveIn the first two months of this year, Japan bought about 748,000 barrels of Russian oil for a total of ¥6.9 billion ($5.2 billion). Major break with U.S. and EU sanctions on…
Green Energy Transition Is a Delusion
Spread the loveThe “energy transition” is a massive shift, wholly artificial and politicized, from conventional energy (oil, natural gas) inexpensive, abundant, and reliable versus expensive and unreliable wind and solar.…
Social Security funding crisis will arrive in 2033, U.S. projects
Spread the loveMedicare recipients will face automatic benefit cuts starting in 2031 and Social Security won’t be able to make full retirement payments starting in 2033 unless Congress intervenes, according…
Dr. Jerome Corsi’s Take on Trump’s Indictment; The Coming Decline of the U.S. Dollar
Dr. Jerome Corsi speaks out about former President Donald Trump's indictment by a Manhattan jury, coming from the unique position of someone who has also been persecuted by U.S. political…
Gold Rises to $1,980/oz on Weaker Dollar & Inflation Fears
Spread the loveGold prices gained nearly 1% on Thursday as a weaker dollar and lower bond yields drove demand for the precious metal, while investors kept their eyes peeled for…
U.S. Dollar Losing Status as World’s Reserve Currency
Spread the loveOn Wednesday, Banco BOCOM BBM became the first Latin American bank to sign up as a direct participant in CIPS, a Chinese alternative to the US-dominated global payment…
China And Brazil Strike Deal To Ditch The US Dollar
Spread the loveThe deal, Beijing’s latest salvo against the almighty greenback, will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their…
CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law
Spread the loveA former chief executive of Binance’s de-facto U.S. subsidiary has enlisted a former federal prosecutor and top cop at the Commodity Futures Trading Commission to represent her in…
The Truth Central 3/30/23 – France Paying for Oil in Yuan; US Mortgage Industry in Danger
France and China struck an oil deal, but the NATO ally and Communist Adversary are exchanging in Yuan, not the US Dollar. Is this a sign of things to come?…
On April 1, 2023, Ukraine Banks Switching to IOS 20022, Setting Stage for XRP and Bank-Controlled CryptoCurrencies
Spread the loveOn April 1, 2023, the entire Ukrainian banking system shifts to IOS 20022, setting the stage for a worldwide switch to a new system of international payments that…
Saudi Arabia Enters Trade Alliance with China, Russia, India, Pakistan, and Four Central Asian Nations
Spread the loveBRIC nations advance economically as U.S. and EU enter deep recession over banking credit crunch. Saudi Arabia’s cabinet has approved a recent memorandum to take steps toward joining…
Mortgage Financing Takes Hit From Silicon Valley Bank Collapse
Spread the loveWith mortgage lending already at a decade low, the recent bank crisis has reverberated to cause contraction in fintech mortgage financing. Mortgage origination market has begun experiencing multi-million…
China and France Conclude First Liquid Natural Gas Deal in Yuan, NOT Dollars
Spread the loveChinese national oil company CNOOC 0883.HK, 600938.SS and France’s TotalEnergies TTEF.PA have completed China’s first yuan-settled LNG trade through the Shanghai Petroleum and Natural Gas Exchange, the exchange said on Tuesday.
Nuclear Energy’s Future and Is Commercial Real Estate the Next to Fall? – The Truth Central
With the collapse of a number of regional banks recently and the uncovering of the Federal Reserve's inability to properly stress test them beforehand, Dr. Jerome Cosi asks is commercial…