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News & Articles By Ramon Tomey
02/06/2023
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By Ramon Tomey
Economic collapse incoming: Sweden hit with wave of bankruptcy filings
The Scandinavian nation of Sweden saw a sharp increase in the number of companies filing for bankruptcy. Russia Today (RT) mentioned that the number of bankruptcy filings surged to the highest level in at least a decade in January. It cited a Feb. 1 Bloomberg report that also pointed out the increase coinciding with an […]
12/21/2022
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By Ramon Tomey
Watchdogs demand Congress stop funding Wuhan lab responsible for COVID-19
Seven watchdog groups urged Congress to stop funding the controversial laboratory in China responsible for the Wuhan coronavirus (COVID-19). The seven groups outlined this demand in a Dec. 16 letter addressed to Sen. Patrick Leahy (D-VT), Sen. Richard Shelby (R-AL), Rep. Rosa DeLauro (D-CT) and Rep. Kay Granger (R-TX). Leahy and Shelby head the Senate Appropriations […]
11/17/2022
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By Ramon Tomey
Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency
Bitcoin’s sudden drop in value, triggered by the collapse of cryptocurrency exchange company FTX, dealt a “deadly blow” to the Central American nation of El Salvador. The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic recession seriously […]
11/15/2022
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By Ramon Tomey
Texas judge strikes down Biden’s student loan forgiveness plan
A federal judge struck down the student loan forgiveness plan put forward by President Joe Biden. Had the plan pushed through, hundreds of billions of dollars in student loans would be canceled – setting a disastrous precedent. District Judge Mark Pittman, a magistrate for the U.S. Northern District of Texas, nixed the plan in his Nov. 10 […]
11/15/2022
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By Ramon Tomey
No more! European countries call for end to Ukraine funding
Several European countries called for an end to sending money to Ukraine and bankrolling Kyiv’s ongoing war effort against Russia. Hungary led the charge by blocking €18 billion ($18.6 billion) in financial aid the European Commission planned to send. This threw a wrench into the plans of Brussels, as the money cannot go to Kyiv without […]
11/04/2022
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By Ramon Tomey
Former CT Dem state rep pleads guilty to STEALING pandemic relief funds
A former Democratic state representative from Connecticut pleaded guilty to stealing funds allocated for Wuhan coronavirus (COVID-19) pandemic relief during his term. Former State Rep. Michael DiMassa entered a guilty plea before a federal court Nov. 1, in connection with the theft of federal COVID-19 relief funds amounting to more $1.2 million. As per court documents and […]
10/24/2022
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By Ramon Tomey
Switzerland to destroy 9M expired doses of Moderna COVID-19 vaccine after consumer demand plummets
Switzerland is set to destroy nine million expired doses of Moderna’s mRNA Wuhan coronavirus (COVID-19) vaccine. Another 5.1 million doses are due to meet the same fate by February 2023. Reuters noted that the wastage reflects the Swiss strategy of ordering more vaccines than it needed to ensure its population of around 8.7 million would get sufficient […]
09/19/2022
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By Ramon Tomey
More Americans unable to pay on time as “buy now, pay later” loan scheme becomes popular
As the “buy now, pay later” (BNPL) loan scheme gains popularity, the number of Americans unable to pay on time has also risen. BNPL loans allow customers to pay for items in installments instead of shelling out the full amount. These financial services, considered short-term loans, are popular with younger Americans that fear never-ending credit […]
04/01/2022
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By Ramon Tomey
Biden’s proposed TAX HIKES will lead to RECESSION, financial planner Carlos Cortez Jr. warns
Carlos Cortez Jr., the founder and president of Clearwater, Florida-based Cortez Wealth Management, joined former TruNews host Lauren Witzke to discuss the effects of President Joe Biden’s tax hikes in a recent episode of “The Stew Peters Show.” Cortez predicted two possible scenarios that both have recessions as their endgame. “Either [the Federal Reserve] continues to raise […]
10/08/2021
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By Ramon Tomey
Expert: US could approach “high-inflation era” soon
An economic expert has warned that the U.S. may be nearing an era with high inflation rates. Capital Economics Chief Market Economist John Higgins claims that inflation will remain “significantly higher on average” over the next decade. His forecast comes amid different economic issues plaguing various parts of the world that threaten to increase prices. […]
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