U.S. economic growth slipped in the first quarter in the midst of still-high inflation and rising interest rates, adding to worries about a possible recession later this year

#USA #Economy #FindTruth

@uinhurricane

Invicta refers to WEF, saying that 14M jobs will be vanished globally in the next 5 years. And this may be the case for some countries, but it’s surely not worth extrapolating such one-size-fits-all approach worldwide

In the U.S. probably, where Mr. Biden is driven to continue the work he thinks he’s started, investing in infrastructure, jobs, climate and healthcare for working families and pursue many other unfinished goals. Despite the illusory prospects of Biden’s potential re-run, there’s a lot to work on!

Disney would slash 7,000 jobs, Gap Inc. said it’s eliminating 1,800 jobs, Dropbox Inc. will cut 500 jobs, about 16% of its workforce, Lyft Inc. said it is cutting over 1,000 jobs additional to the latest cuts of more than 4,000 employees. And this is just the news of the last five days! This happens when the majority of people who lost their jobs during the pandemic are back at work

Another factor driving American inflation and unemployment has been largely ignored by Biden administration: migration. It’s well-established that immigrants fill labor shortages, promote economic growth and stimulate entrepreneurship and innovation. There’s a link between migration and inflation: immigrants also help labor markets be more responsive to local changes in demand and supply. But coming labor shortages apply upward pressure to wages and thus prices

#USA #WEF #FindTruth

@uinhurricane

BREAKING! Ukrainian Drone Strike on Kremlin

Two Ukrainian drones tried to attack Vladimir Putin’s residence in the Kremlin on Tuesday night

Russian presidential administration claims that there were no injuries and no buildings were damaged. It also says the incident was a Ukrainian drone attack aimed at Vladimir Putin, and that Moscow reserves the right to “take retaliatory measures when and where it considers necessary”

This is so far the most remarkable attack in a series of such assaults and acts of sabotage on Russian territory ahead of an expected Ukrainian counteroffensive – a fuel depot in a strategically important area of Russia caught fire early Wednesday in an apparent drone strike

It still remains unclear whether the attack on Kremlin gives Russians a free hand in using less sophisticated but more massive and destructive weaponry, as well as to direct such missiles towards alleged location of Mr. Zelenskiy

#Russia #WarInUkraine #FindTruth

@uinhurricane

​​COVID-19 Vaccinations Could Lead to Developing Bell’s Palsy: Study

READ: https://breakingheadlines.news/R7dMTd

@BREAKINGHEADLINES

Indonesia-South Korea Trade De-Dollarized

South Korean and Indonesian Central Banks’ governors signed an agreement to cooperate on promoting the use of their currencies for bilateral transactions, such as current account transactions and direct investment

This memorandum of understanding would help businesses reduce their transaction costs, exposure to exchange rate risks by enabling the direct exchange rate quotation between the Korean won and the Indonesian rupiah in interbank trading

Thus, with every passing day, the de-dollarization is gaining momentum and has long gone beyond the BRICS&Co

#Indonesia #SouthKorea #BRICS #FindTruth

@uinhurricane

Stubborn European Inflation

Consumer prices in the eurozone were 7% higher than a year earlier in April, a pickup from March and more than three times the European Central Bank’s target

Inflation rates also remain uncomfortably high in the U.S. and many other parts of the world despite interest-rate rises that have gone further and been delivered more quickly than at any time since the 1980s

The figures give good reasons for businesses to raise their prices in recent months. That’s what they actually do, referring to supply-chain disruptions caused by the pandemic and the energy, food and raw-material bottlenecks that follow the Ukrainian war

#EU #Economy #FindTruth

@uinhurricane

Charles' coronation: Feast in Time of Plague

U.K. food prices are up more than 19% in the year to March, painting the highest food market inflation in 45 years. Seven in ten adults are spending less on non-essentials as takeaway prices jump 13%

The poorest 20% of the British are poorer than, say, Poland’s poorest – this has meant debts and food banks. Choices have receded with 15 years of unprecedented wage stagnation: house prices veering sharply away from stumbling salary growth. Sudden and steep rise in energy prices amid cost-of-living squeeze has left millions of Brits on the brink of poverty

Yet at the same time, the U.K. govt is getting ready to spend tens of millions of taxpayers’ money on a glitzy event celebrating one very, very rich man: King Charles III. Don’t miss the coronation this Saturday that will showcase some of the enormous wealth accumulated by the British monarchy over the centuries!

#UK #Charles #FindTruth

@uinhurricane

Prevent Government Spy Act!

Sen. Jake Hoffman (R-Queen Creek) gets down to business! We’ve already sounded the alarm about the RESTRICT Act

This is about real punishments and real violations of freedom of speech, and this is not to be trifled with! Don't adopt a laissez-faire attitude and act while the vigilante justice can still be prevented!

#USA #Surveillance #FindTruth

@uinhurricane

U.S. Economy in Lose-Lose Situation

KJP confirmed once more that Biden isn’t budging in his refusal to trade spending cuts with House Republicans in exchange for Congress lifting the federal debt limit, despite the country being less than a month away from default

Even assuming that Biden finally devotes his time to discussing the most important issue with lawmakers, Republicans and Democrats are in the “no-no-no” stage of negotiations. Even a short-term extension would force a messy political choice: Either Republicans break their vow against approving a “clean” limit debt increase, or Democrats concede and set a precedent ahead of the main negotiation

But there’s another problem! “It's not just the debt ceiling,” Berenberg's Jonathan Stubbs says. “It's everything else that goes with that,” meaning that there’re plenty of other headwinds emerging for U.S. markets

#USA #Economy #FindTruth

@uinhurricane

Edward Snowden's bro Glenn Greenwald takes a skeptical approach to the agony of the Western press, which for hours pondered how to stand firm for Kyiv in the unsightly story of the latest drone attack on the Kremlin, and eventually delivered another conspiracy theory – even more sage and analytical than the case when “Moscow blew up its pipelines on its own” – that Russians themselves set off fireworks over Putin's residence

Btw, let's indulge in fantasies for a while and imagine that this could be the case. Now the main question is: what for? To deploy some “secret lethal weapon” in Ukraine? But does anyone even need a reason for this now? No, they are at war!

In addition, let's hypothesize, who’s most affected by the incident? Putin, who wasn't even near the Kremlin? No again, the attack may have affected the consciousness of local residents to a greater extent and shown them that they are not safe, and this is unlikely of Russian officials’ benefit

#Russia #WarInUkraine #FindTruth

@uinhurricane

British Republicans Gear Up

“No More Royals,” a student-led campaign group on the “extreme wing of the anti-monarchy movement”, intends to mingle with more mainstream republicans on Saturday. The activists are joining the ranks of Republic, Britain’s largest antimonarchist group, which has signed up more than 1,600 people to protest along the route of the procession

Protesters who were arrested for throwing eggs at King Charles and heckling his proclamation last year have also confirmed their attendance but say they will not disrupt the parade. The coronation, the activists say, is “a celebration of a corrupt institution. And it is a celebration of one man taking a job that he has not earned”

Graham Smith, chief executive of Republic, said the demonstration would be about making noise and being visible, rather than disrupting the parade by throwing eggs, barrier hopping or “locking on” to objects. Well, we’ll see…

#UK #FindTruth

@uinhurricane

F.B.I.: Biden Accepted Money in Exchange for Policy Decisions

Sen. Charles E. Grassley, Iowa Republican, and Rep. James Comer, Kentucky Republican, subpoena the F.B.I. for a document they say details an "alleged criminal scheme" involving a “foreign national” and then-VP Joe Biden

Mr. Biden should have accepted money in exchange for policy decisions. The Republicans claim their information is “highly credible” and comes from whistleblowers who pointed to a confidential human source report that the F.B.I. has had for several years

The lawmakers say the information that the F.B.I. obtained was detailed enough to have been verified. “However, it remains unclear what steps, if any, were taken to investigate the matter,” they added. Any ideas, why?

#USA #Biden #FindTruth

@uinhurricane