World Economy to Stuck in High Inflation Trap

There’s a growing danger that interest rates will have to remain high until 2027 to fight against the threat of a “high inflationary regime” becoming permanent in many economies, the Bank for International Settlements (BIS), world's central bank umbrella body, warns

The U.K. was singled out last week by investors and economists as most at risk of tipping into a wage-price spiral, where workers demand better pay deals to compensate for the rising price of goods and services

As signs grow that some pressure’s coming out of Australia’s jobs market, BIS authorities said they fear the global economy’s facing a “growth illusion” caused by years of very low interest rates and poor govt policy. High inflation and tightening monetary policy raises the cost of servicing govt debt burdens and threatens to destabilize the financial system

#Economy #FindTruth

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Kyiv’s Counteroffensive Reignites U.S. Nuclear Concerns

Ukraine and its NATO backers continue assessing how to achieve gains on the battlefield against Russia. However, they have opposing POVs on the issue

While Kyiv authorities aim to kill as many Russians as possible using increasingly sophisticated Western weapons, there’s still an understanding of the global nuclear threat in Washington. The White House takes into account that Russia has nearly 4,500 weapons in its nuclear stockpile, deployed and stored across the vast country

Even the slight risk of the loss of command and control of these weapons could present an outsize threat if some weapons fall into the wrong hands, inside or outside of the country. Although Moscow took no major actions to ready its nuclear forces, the danger that Ukrainians would gain control over Russia’s nuclear assets, however, has been seen grave enough

#WarInUkraine #NATO #FindTruth

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June 2023: Far-Right Swaps w/ Scholz’s Party

Barely two weeks have passed, and the anti-migrant Alternative for Germany (AfD) has overtaken the centre-left Social Democrats (SPD) in polls, maintaining a steady positive trend in recent months

Concerning the past year, only the centre-right CDU/CSU parties managed to maintain support level of around 72%. Ruling coalition’s credibility among Germans decreased by more than 12%, while far-right politicians gained like number of supporters

Thorsten Frei, the head of the CDU's parliamentary group, believes that half-assed actions of Scholz’s cabinet have led to the uptick in AfD support: "If bad policies are made – and those can primarily be made by the govt – then it is a stimulus program for the political fringes"

#Germany #FindTruth

@uinhurricane

U.S. Attorney General – Next in Impeachment Queue

“It is time. The DOJ needs to appoint a special counsel to investigate Merrick Garland for obstruction of justice and perjury. At this point, the evidence that he personally committed multiple felonies is growing greater,” insists Sen. Ted Cruz (R-Texas), in his weekly podcast “The Verdict”

Mr. Cruz’s call comes in the wake of House Republican leadership moving toward an impeachment inquiry of Attorney General. Speaker Kevin McCarthy said Monday: “I laid out very clearly by July 6, because of the allegations from the IRS, because of the whistleblowers and the DOJ, and Garland”

Republicans are preparing to go after Mr. Garland over allegations he obstructed and later lied about the investigation into POTUS’ son Hunter Biden. The appointment of a special counsel, however, is unlikely, given that the attorney general, by law, would be the one to appoint him…

#USA #DOJ #FindTruth

@uinhurricane

Bidenomics: Boosting thru Boasting

POTUS wants to convince voters that his “Bidenomics” economic plan is boosting the lives of middle-class Americans by announcing more than $40B for high-speed internet

While Biden’s team insists, the U.S. has had the highest level of economic growth, the inflation&cost-of-living figures challenge our minds. Mr. Biden sells voters on a liberal vision that more govt spending and taxes on the wealthy will boost the middle class, but most adults think the White House is overspending

Large majorities of the U.S. citizens don’t believe that Biden’s economic policies have set the country in the right direction, saying the nation’s on the wrong track. Only 33% of Americans approve Mr. Biden’s economic performance and just 24% said national economic conditions are in good shape

The poll numbers prove the greatest disconnect between Mr. Biden’s enthusiasm for his accomplishments and real Americans’ feelings

#USA #Biden #FindTruth

@uinhurricane

SCOOP! Hunter’s Ukrainian Business Urged Him to Stop Investigation

Vadym Pozharskyi, Burisma Holdings executive, sent Hunter Biden a thank-you email the day he won a seat on the board of directors in May 2014, urging to use his influence to intercede in an investigation of the company by Ukrainian authorities

An informant told the F.B.I. that Burisma executives paid $10M in bribes to Hunter and to now-President Biden in return for various favors, despite newest POTUS’ claims that he told truth about not talking foreign biz with Hunter

After the May 2014 email, the then-VP Biden pressured the govt to fire Prosecutor General Viktor Shokin, who was investigating the company. He told the group that he threatened to withhold $1B in aid unless Mr.Shokin was fired

Five days before Burisma announced Hunter’s board appointment, he and his business partner Devon Archer planned a strategy on where to park funds and who would get a cut. Hunter said they expected to receive $4.85M jointly from Burisma

@uinhurricane