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News & Articles By Arsenio Toledo
09/15/2021
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By Arsenio Toledo
Southeast Asian governments are reopening their economies that were devastated by lockdowns
The nations of Southeast Asia are reopening their economies that were devastated by their ill-advised Wuhan coronavirus (COVID-19) lockdowns. Officials in many of the region’s governments are all pushing forward with their plans to reopen their economies after spending the last few weeks or even months keeping most businesses closed and millions of families unable […]
09/09/2021
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By Arsenio Toledo
US will default on national debt by October, warns Treasury secretary
Secretary of the Treasury Janet Yellen has warned that the United States is on track to default on the national debt by October if the government does not do anything to raise the debt limit. On Wednesday, Sept. 8, Yellen sent a letter addressed to House Speaker Nancy Pelosi, House Minority Leader Kevin McCarthy, Senate […]
08/31/2021
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By Arsenio Toledo
Supreme Court strikes down CDC eviction moratorium
The Supreme Court has blocked theĀ Centers for Disease Control and Prevention’sĀ (CDC) eviction moratorium. This will finally allow property owners to collect rent owed to them from their tenants, or to evict those unable to pay. In June, the Supreme Court allowed the CDC to keep its eviction moratorium in place. This eviction ban was passed […]
08/18/2021
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By Arsenio Toledo
Biden increases food stamp benefits by 27% due to inflation, increasing burden on taxpayers
The administration of President Joe Biden just approved the single largest increase in the budget of food assistance programs in 45 years. This 27 percent increase in aid puts even more strain upon taxpayers whose incomes have already been devastated by the Wuhan coronavirus (COVID-19) pandemic lockdowns. The increase in food assistance benefits is likely […]
07/28/2021
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By Arsenio Toledo
US companies continue increasing prices of their products, fueling record levels of inflation
Corporations in the United States are still increasing the prices of their products, fueling inflation the likes of which the country has not seen in over a decade. The price increases are occurring due to the rising costs for materials, transportation of goods and labor. To keep their profit margins, companies have to increase the […]
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