#economy
18 of the 50 Million Barrels of Crude Oil That Should Have Dropped US Gas Prices ALREADY SOLD to China and India
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Biden's attempt to revive the oil market in the United States and keep gasoline prices again became a cover for another international deal. The Americans are so unhappy with the economic situation that they have forced the presidential administration to move in the direction of fixing the petrol chaos. On orders from the White House, the Department of Energy will release 50 million gallons of crude oil to stabilize gasoline prices. But Biden did not say that a third of this amount has already been sold to India and China. China and India have been actively purchasing U.S...
Biden is thinking about closing the oil pipeline 5 and Energy Secretary has already predicted gasoline prices of more than $ 4
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The Biden administration is seriously considering a total exit from the oil and gas market, as pipeline 5, connecting Superior, Wisconsin, with Sarnia, Ontario, is likely to be closed. Despite the long-term practice of extermination and infringement of the indigenous peoples of America, this time it was the requirement of the Bay Mills Indian Community that laid the basis for the termination of the pumping of oil and gas, referring to the agreement of 1836, according to which these resources and land belong to the Indians. On the other side, there is a coalition of 13 Re...
Government cryptocurrency will deprive people of the right to their own money
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The main anti-US government whistleblower, Edward Snowden, warns that Central Bank Digital Currencies (CBDC) are dangerous to society, as they will destroy the concept of freedom and transfer the ability to spend or own money in the hands of the government. “Most of your money exists not as something folded in your wallet, but as an entry in a bank’s database, faithfully requested and rendered beneath the glass of your phone,” Snowden wrote. “If someone else gets to decide *if* and *how* you can spend it, is it really yours?” Most of your money exists not as somethin...
Gas prices hit a seven-year high
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A record rise in gasoline prices was recorded this week. Based on the analysis of prices from more than 150 thousand gas stations throughout the country, it becomes clear that the US government cannot keep the oil market stable. Highest gas prices of 2021 cast shadow over holiday weekend road trips. Gas prices are at their highest levels since the start of the year. Gas prices rising across the US The average cost of gasoline in the U.S. continues to increase as Americans hit the road. pic.twitter.com/1klNH4nTVc — Samson Nyimu (@SamsonNyimu2) October 11, 2021 The cu...
Tourists visiting the United States must be fully vaccinated but illegal immigrants should not: White House
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The Biden administration has attempted to create conditions for opening the borders to tourists. As part of this procedure, foreigners will need to undergo a full vaccination, while illegal immigrants continue to leave temporary detention centers, being infected with Covid-19. As part of plans to reopen US borders, a White House official told Reuters it will require nearly all foreign visitors to the US to be vaccinated, reported Reuters. The reopening of borders will be "a phased approach that over time will mean, with limited exceptions, that foreign nationals traveli...
US Holds Hearings to Require Private Companies to Condemn Their Own Consumers
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A Senate hearing on Tuesday turned into an attempt by the American government not only to devalue the shares of super-profitable companies, but, literally, to turn Chinese consumers away from American products. After the very first question, it became obvious that Sen. Tom Cotton (R-AR) explicitly urges Coca-Cola to commit financial suicide. Paul Lalli, Coca-Cola’s Global Vice President for Human Rights met face-to-face with a senator who weaves a political bias in doing business. A bizarre way to divest the assets of American companies that sponsor the Beijing Winter Ol...
Biden's lunacy attack promises to reduce inflation with a weird strategy
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It becomes obvious that a person who, for almost 50 years of his political career, has not been able to bring anything useful to the United States, will be able to do even worse in the next 4 years. “Spending money we don't have will lead to printing more money which will lead to more inflation,” says common sense and the vast majority of viewers of Biden's speech. Joe Biden's speech in Cincinnati undermined the president's credibility, confirming that the current government does not understand a damn thing about economics. "No. Look, here's the deal. Moody's today w...
Court verdicts Walmart to pay $125,000 to an employee with Down syndrome who was fired after 16 years of work
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Walmart will now have to pay $125 million to an employee with Down syndrome who was fired after 16 years of work. The court hearings took place in Green Bay, Wisconsin, and took four days for the jury to verdict. On Friday, a federal jury determined that Walmart violated the Americans with Disabilities Act dismissing Marlo Spaeth, who worked for Walmart for 16 years, for her schedule issues. And now Spaeth will receive $125 million from the retailer and may not ever work for the rest of her life. "The jury here recognized, and apparently was quite offended, that Ms. S...
Unemployment in the United States rises again despite vaccinations and the "recovery" of the economy
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Over the past week, more than 412,000 Americans have filed for jobless benefits, according to official data on the US labor market. New statistics showed that since April, the number of unemployed has increased by almost 40 thousand people. Another 118,000 applications were filed for Pandemic Unemployment Insurance, a federal program for self-employed people and gig workers, reports CBS News. However, since the beginning of the year, the new data is not critical, since every week in January, the Ministry of Labor received 1 million jobless claims. Now this figure has fa...