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News & Articles By Mary Villareal
11/09/2022
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By Mary Villareal
French glassmaker Duralex halts production amid energy crisis in Europe
Duralex CEO Jose Luis Llacuna recently announced that their company – the largest glass manufacturer in France – has suspended its operations for five months due to the rising electricity prices. “Our gas and electricity bills have risen from €3 to €13 million ($3 to $13 million) a year. The price of energy usually represents five to […]
11/09/2022
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By Mary Villareal
Over £1.3 trillion wiped off the value of UK bonds since beginning of 2022
Following major sell-offs across bond markets, new figures revealed that the U.K. bond market has shed more than £1.3 trillion ($1.4 trillion) since the beginning of 2022. Just over £882 billion ($1.02 trillion) has been wiped off the value of Gilts and Index-linked Gilts in the year-to-date. The value of the U.K. corporate bonds has also fallen by £514.5 […]
11/08/2022
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By Mary Villareal
Poland’s inflation reaches all-time high in October, but economists warn the worst is yet to come
Poland recorded its highest all-time inflation rate in October 2022, but economists warn that the worst is yet to come for the Central European country. Figures from Statistics Poland (GUS) showed the country reporting a 17.9 percent annual inflation rate for October. Energy prices saw the biggest jump at 41.7 percent, followed by prices of food […]
11/07/2022
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By Mary Villareal
Russia warns: World’s nuclear-armed states on the verge of direct armed conflict
The world’s five nuclear-armed states are “on the verge of a direct armed conflict,” according to the Russia’s Ministry of Foreign Affairs. Moscow has warned of catastrophic repercussions and insisted that averting a fight is its top priority. On November 2, the Kremlin released a statement that said Western nations are “encouraging provocations with weapons […]
11/04/2022
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By Mary Villareal
America is witnessing the DEMISE of the middle class
Middle class in the United States used to mean that one can afford a decent living standard, such as owning a house and a car, with some savings in the bank. When baby boomers reminisce about the “good old days,” they usually refer to a time when being middle class was normal. However, the American […]
11/03/2022
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By Mary Villareal
Gender war: Putin calls gender fluidity propaganda a CRIME AGAINST HUMANITY
America’s involvement in the war in Ukraine is possibly connected to the LGBTQ agenda. In an episode of “Good Morning, Patriot” show, the host talked about how Democrats are supporting Ukraine because Russia stands for the traditional family and refuses to “bow down” to the LGBTQ agenda. In February, Russian President Vladimir Putin announced what […]
11/03/2022
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By Mary Villareal
North Korea’s launch of multiple ballistic missiles threatens South Korea
North Korea launched at least 23 missiles into the ocean on Wednesday, November 2, one of which came down less than 60 kilometers (40 miles) off the coast of South Korea. South Korean President Yoon Suk-yeol called it “territorial encroachment.” According to Seoul’s Joint Chiefs of Staff (JCS), one of the missiles that Pyongyang launched […]
11/01/2022
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By Mary Villareal
US oil price to surge again in December as Saudis cap production and EU embargo takes effect
Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase production to make up for the anticipated drop in supply. Saudi Arabia has issued a warning aimed at the U.S. over crude oil and supply agreements, with Prince […]
11/01/2022
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By Mary Villareal
Monthly expenses of Americans have now outpaced their personal income growth, says NRI exec
The monthly expenses of Americans have now outpaced their personal income growth. This was according to Kristi Rodriguez, senior vice president of the Nationwide Retirement Institute (NRI), which provides expertise and resources on retirement planning concepts that include Social Security optimization, healthcare and long-term care considerations and tax-efficient retirement income. “Households are spending more, not as much […]
11/01/2022
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By Mary Villareal
Food supply woes persist: Grain shippers delay deliveries amid barge quagmire
Grain shippers have delayed deliveries until later in the year amid uncertainty about when barge traffic will normalize. This has softened the demand for barges, with the St. Louis barge spot rate falling to $72.58 per ton in the week of October 18 from its peak of $105.85 per ton in the week of October […]
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