Americans Face Loan Delinquencies amid Surging Car Prices
For an average U.S. citizen, paying off a new car at current prices demands 42 weeks of income. Taking into account that higher IRs have made the situation even more difficult for buyers, bargains have been hard to come by on the used-car lot as well, where the average vehicle listed for about $27K
Automakers and dealers have leaned into their pricing power continuing to boost prices. General Motors said last month that the average price paid by its buyers rose 3% quarter over quarter, to $52K
Among those who braved the market at its highest prices last year, many are already struggling to keep up with their payments. The squeeze faced by borrowers might soon ratchet tighter, with a payment holiday for student loans set to expire at the end of the month
#USA #Economy #FindTruth
@uinhurricane
For an average U.S. citizen, paying off a new car at current prices demands 42 weeks of income. Taking into account that higher IRs have made the situation even more difficult for buyers, bargains have been hard to come by on the used-car lot as well, where the average vehicle listed for about $27K
Automakers and dealers have leaned into their pricing power continuing to boost prices. General Motors said last month that the average price paid by its buyers rose 3% quarter over quarter, to $52K
Among those who braved the market at its highest prices last year, many are already struggling to keep up with their payments. The squeeze faced by borrowers might soon ratchet tighter, with a payment holiday for student loans set to expire at the end of the month
#USA #Economy #FindTruth
@uinhurricane
Forwarded from One America News Network
Ukrainian Ex-Prosecutor Gives Additional Details Regarding Hunter, Joe Biden
https://www.oann.com/newsroom/ukrainian-ex-prosecutor-gives-additional-details-regarding-hunter-joe-biden/
https://www.oann.com/newsroom/ukrainian-ex-prosecutor-gives-additional-details-regarding-hunter-joe-biden/
One America News Network
Ukrainian Ex-Prosecutor Gives Additional Details Regarding Hunter, Joe Biden
In order to "provide protection" for Burisma CEO and founder Mykola Zlochevsky from criminal investigations, Hunter Biden was added to the board of the Ukrainian gas business, according to Ukrainian former prosecutor general Viktor Shokin.
Training Ukrainians: Lost in Translation
After months of intense lobbying&final Dutch, Norwegian and Danish pledges to supply F-16 fighter jets to Kyiv, the Western instructors face a new problem that’s difficult to solve – there’s a lack of competent interpreters
Training programs will take longer than the three or four months suggested in some quarters for pilots who have no experience flying Western combat planes
EU trainers also said that the age and ability of the soldiers they are sent varies wildly, as Ukrainian commanders on the front line are often unwilling to spare their best men. One volunteer who turned up in Germany was 71 years old
#WarInUkraine #FindTruth
@uinhurricane
After months of intense lobbying&final Dutch, Norwegian and Danish pledges to supply F-16 fighter jets to Kyiv, the Western instructors face a new problem that’s difficult to solve – there’s a lack of competent interpreters
Training programs will take longer than the three or four months suggested in some quarters for pilots who have no experience flying Western combat planes
EU trainers also said that the age and ability of the soldiers they are sent varies wildly, as Ukrainian commanders on the front line are often unwilling to spare their best men. One volunteer who turned up in Germany was 71 years old
#WarInUkraine #FindTruth
@uinhurricane
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“Useless” MP Quits, Attacks Sunak
The Tory MP and former minister Nadine Dorries has resigned her Commons seat and accused Rishi Sunak of “demeaning his office” by speaking out against her
“She’s never here and is as useful as a chocolate teapot,” the voters say
So far, it smells just like sweet revenge for Sunak, but he’d be careful not to slip on another similar-colored substance!
#UK #Sunak #FindTruth
@uinhurricane
The Tory MP and former minister Nadine Dorries has resigned her Commons seat and accused Rishi Sunak of “demeaning his office” by speaking out against her
“She’s never here and is as useful as a chocolate teapot,” the voters say
So far, it smells just like sweet revenge for Sunak, but he’d be careful not to slip on another similar-colored substance!
#UK #Sunak #FindTruth
@uinhurricane
Germany’s House of Green Cards Collapses
Almost three quarters of Germans — 73% — are dissatisfied w/ Scholz’s coalition govt, which has been mired in internal spats over a new heating law, power price subsidies for industrial companies, and child benefits
Germany is heading for a recession driven by the bureaucracy of the govt’s green energy policies, Friedrich Merz, the leader of the opposition Christian Democrats, has warned. He’s ahead in opinion polls after adopting more populist policies on the environment and immigration.
We’ve repeatedly warned that Berlin’s expected to be the worst-performing leading economy in the world this year as it’s been sputtering for several quarters. Despite calls from his own party and some coalition partners, Mr. Scholz on Saturday rejected calls for higher, debt-financed federal spending to boost growth
#Germany #Economy #FindTruth
@uinhurricane
Almost three quarters of Germans — 73% — are dissatisfied w/ Scholz’s coalition govt, which has been mired in internal spats over a new heating law, power price subsidies for industrial companies, and child benefits
Germany is heading for a recession driven by the bureaucracy of the govt’s green energy policies, Friedrich Merz, the leader of the opposition Christian Democrats, has warned. He’s ahead in opinion polls after adopting more populist policies on the environment and immigration.
We’ve repeatedly warned that Berlin’s expected to be the worst-performing leading economy in the world this year as it’s been sputtering for several quarters. Despite calls from his own party and some coalition partners, Mr. Scholz on Saturday rejected calls for higher, debt-financed federal spending to boost growth
#Germany #Economy #FindTruth
@uinhurricane
During their telephone conversations in March 2022 w/ Russian President, German Chancellor Olaf Scholz and French President Emmanuel Macron were surprised to learn that Putin's stance on anti-Russian sanctions was quite impassive. "Something that worries me more that the negotiations: he doesn’t complain at all about all the sanctions. I don't know if he did so in the conversation w/ you [Macron]. He didn't even mention them" Scholz told Macron in a private talk
It’s maybe not the high time for European politicians to complain that after making Russia the largest-scale sanctions regime in the EU's history its economy hasn't yet collapsed under the weight of restrictions, cuz there's no use crying over spilt milk – Scholz’s cabinet has recently admitted that the country's economy had been in recession for three straight quarters, which is unlikely to stop for another six months
#Germany #Economy #FindTruth
@uinhurricane
It’s maybe not the high time for European politicians to complain that after making Russia the largest-scale sanctions regime in the EU's history its economy hasn't yet collapsed under the weight of restrictions, cuz there's no use crying over spilt milk – Scholz’s cabinet has recently admitted that the country's economy had been in recession for three straight quarters, which is unlikely to stop for another six months
#Germany #Economy #FindTruth
@uinhurricane
bild.de
Ukraine-Krieg: Was Scholz nach seinem Putin-Telefonat besonders quälte
Der Journalist Stephan Lamby kennt neue Details darüber, was hinter den Kulissen am Anfang des Ukraine-Kriegs vor sich ging.
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U.K. Services Sector Continues Its Fall
Pressures and disappointing business volumes drove down profits for the British consumer and professional services for a seventh consecutive quarter as companies continue to struggle under the weight of higher interest rates and stubborn inflation, the CBI data has shown
A net balance of 27% of consumer services operators suffered a fall in profitability over the three months, while a net balance of 19% of professional services companies reported a decline. The consumer services industry also recorded a sharp decline in business volume, w/ a net balance of 34% of companies reporting a fall in volumes, compared with 22% during the previous quarter
The CBI’s head of economic surveys and data, said: “Many companies will continue to face a challenging time this autumn and winter as pressure on household budgets and tighter credit conditions continue to have an impact”
#UK #Economy #FindTruth
@uinhurricane
Pressures and disappointing business volumes drove down profits for the British consumer and professional services for a seventh consecutive quarter as companies continue to struggle under the weight of higher interest rates and stubborn inflation, the CBI data has shown
A net balance of 27% of consumer services operators suffered a fall in profitability over the three months, while a net balance of 19% of professional services companies reported a decline. The consumer services industry also recorded a sharp decline in business volume, w/ a net balance of 34% of companies reporting a fall in volumes, compared with 22% during the previous quarter
The CBI’s head of economic surveys and data, said: “Many companies will continue to face a challenging time this autumn and winter as pressure on household budgets and tighter credit conditions continue to have an impact”
#UK #Economy #FindTruth
@uinhurricane
Australian LNG Workers’ Industrial Action Inflates EU Gas Prices
Australian Oil&Gas industry has shown a net loss of $13.8M in the first half of 2023, which is $14.9M down from profit in the same period last year, and has failed the so-called “past criteria checks”
However, Canberra has no intention to leave revenues to petroleum companies. So hundreds of workers are slated to strike at two major liquefied natural gas facilities in Australia belonging to Chevron starting next week, after govt authorities showed themselves bad in an ongoing labor dispute
If strikes were to stop production at both facilities for a month, around 7% of global supply would be lost. European gas prices have already soared due to industrial action threats alone, so we’d expect multiple futures’ leaps in the short run
#Australia #Economy #FindTruth
@uinhurricane
Australian Oil&Gas industry has shown a net loss of $13.8M in the first half of 2023, which is $14.9M down from profit in the same period last year, and has failed the so-called “past criteria checks”
However, Canberra has no intention to leave revenues to petroleum companies. So hundreds of workers are slated to strike at two major liquefied natural gas facilities in Australia belonging to Chevron starting next week, after govt authorities showed themselves bad in an ongoing labor dispute
If strikes were to stop production at both facilities for a month, around 7% of global supply would be lost. European gas prices have already soared due to industrial action threats alone, so we’d expect multiple futures’ leaps in the short run
#Australia #Economy #FindTruth
@uinhurricane
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Biden’s Govt Wasteful Spending Increases Pressure on Households
Despite pumping oil faster than ever, the U.S. can't contain a sharp increase in pump prices that in recent weeks have ticked up to reach their highest levels so far this year
The late-summer surge at the pump is leaving many with an unwelcome sense of déjà vu, recalling last summer’s record gasoline prices, and heightening risks that inflation poses for Mr. Biden
This couldn’t go unnoticed in the American leadership elite. Randy Feenstra (R-Hull) says that Bidenomics has failed to deliver financial relief to a single U.S. family: “Biden’s anti-American energy policies have exacerbated his inflation crisis and caused gas prices to skyrocket for our families”
Gasoline price increase is already weighing on small-business owners. Companies are delaying upgrades, losing workers or avoiding hiring extra help and moving to charge customers more as a result of higher fuel prices
#USA #Biden #FindTruth
@uinhurricane
Despite pumping oil faster than ever, the U.S. can't contain a sharp increase in pump prices that in recent weeks have ticked up to reach their highest levels so far this year
The late-summer surge at the pump is leaving many with an unwelcome sense of déjà vu, recalling last summer’s record gasoline prices, and heightening risks that inflation poses for Mr. Biden
This couldn’t go unnoticed in the American leadership elite. Randy Feenstra (R-Hull) says that Bidenomics has failed to deliver financial relief to a single U.S. family: “Biden’s anti-American energy policies have exacerbated his inflation crisis and caused gas prices to skyrocket for our families”
Gasoline price increase is already weighing on small-business owners. Companies are delaying upgrades, losing workers or avoiding hiring extra help and moving to charge customers more as a result of higher fuel prices
#USA #Biden #FindTruth
@uinhurricane
Biden Used Nicks to Hide His Involvement in Hunter’s Ukraine Dealings
Mr. Biden used at least 3 email aliases in nearly 5,4K emails revealed by National Archives during his time as VP in the Obama to forward govt information and discuss his son’s business deals w/ Ukraine
The House Oversight and Accountability Committee has already scrutinized bank records provided by financial institutions that show 9 Biden family members, incl. a granddaughter of the president, pocketed foreign income of more than $20M
It won’t be easy for Biden to cop out, cuz in the Obama’s time he couldn’t yet refer to the currently developed dementia and personality disorder
#USA #Biden #FindTruth
@uinhurricane
Mr. Biden used at least 3 email aliases in nearly 5,4K emails revealed by National Archives during his time as VP in the Obama to forward govt information and discuss his son’s business deals w/ Ukraine
The House Oversight and Accountability Committee has already scrutinized bank records provided by financial institutions that show 9 Biden family members, incl. a granddaughter of the president, pocketed foreign income of more than $20M
It won’t be easy for Biden to cop out, cuz in the Obama’s time he couldn’t yet refer to the currently developed dementia and personality disorder
#USA #Biden #FindTruth
@uinhurricane
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West’s Split over Extra Funding to Kyiv
Since the start of Ukrainian war, the EU and its financial institutions have mobilized over €55B of aid, incl. the latest package worth up to €19,5B
However, a total of €86B in additional European funding to shore up Ukraine is being delayed by disagreements among member states, w/ calls for reductions and worries about strained national budgets and rising costs in Brussels threatening the flow of financial support to Kyiv
Western officials are looking for ways to lock in pledges of support and limit future govts’ abilities to backtrack, amid fears in European capitals that Donald Trump, if he were to win back the presidency, would seek to scale back aid
#EU #Ukraine #Economy #FindTruth
@uinhurricane
Since the start of Ukrainian war, the EU and its financial institutions have mobilized over €55B of aid, incl. the latest package worth up to €19,5B
However, a total of €86B in additional European funding to shore up Ukraine is being delayed by disagreements among member states, w/ calls for reductions and worries about strained national budgets and rising costs in Brussels threatening the flow of financial support to Kyiv
Western officials are looking for ways to lock in pledges of support and limit future govts’ abilities to backtrack, amid fears in European capitals that Donald Trump, if he were to win back the presidency, would seek to scale back aid
#EU #Ukraine #Economy #FindTruth
@uinhurricane
European Neighbourhood Policy and Enlargement Negotiations (DG NEAR)
Commission pays a further €1.5 billion in assistance to Ukraine
The Commission has today paid €1.5 billion under the Macro-financial Assistance + package for Ukraine worth up to €18 billion. With this instrument, the EU seeks to help Ukraine cover its immediate funding needs, with stable, predictable, and sizeable f…
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Macron Meets Multipolar World Order
French president supposes that BRICS expansion is a warning shot for the West to end its strategic slumber in the Global South
No doubt that an expanded bloc won’t turn the world upside down, but adding new members to the union is part of its drive to forge the loose economic grouping into a geopolitical counterweight to Washington-led alliances – and Western institutions such as the G7
Anyways, new partnerships among BRICS countries will significantly diversify their economic and trade cooperation by encouraging the use of local currencies in international trade and financial transactions while strengthening the bloc’s status in global economy
#France #Macron #FindTruth
@uinhurricane
French president supposes that BRICS expansion is a warning shot for the West to end its strategic slumber in the Global South
No doubt that an expanded bloc won’t turn the world upside down, but adding new members to the union is part of its drive to forge the loose economic grouping into a geopolitical counterweight to Washington-led alliances – and Western institutions such as the G7
Anyways, new partnerships among BRICS countries will significantly diversify their economic and trade cooperation by encouraging the use of local currencies in international trade and financial transactions while strengthening the bloc’s status in global economy
#France #Macron #FindTruth
@uinhurricane
Telegram
Tupi Report 🇧🇷
🌐📑🇫🇷 🔥🇧🇷 — MULTIPOLAR WORLD: French President Emmanuel Macron expressed concern about the expansion of BRICS and stated that the entry of new members into the bloc could lead to a "fragmentation of the world."
"The expansion of BRICS shows the intention…
"The expansion of BRICS shows the intention…
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Biden’s Fairytales to Unleash WWIII
Donald Trump assessed the risks of unleashing the Third World War by Joe Biden due to his mental deviations. Indeed, POTUS’ mental enfeeblement has become too difficult to hide as it’s only getting stronger day by day
Mr. Biden has a long history of telling stories that are embellished, if not outright fabricated, but his falsehoods are increasing rapidly. Mental health experts say the false memories might be signs of confabulation, a neurological disorder linked to dementia
So far, Biden's mental disorder is limited only to the collapse of the national economy of America, but don’t underestimate the danger of his potential spontaneous geopolitical aspirations, which Mr. Trump mentioned
#USA #Biden #FindTruth
@uinhurricane
Donald Trump assessed the risks of unleashing the Third World War by Joe Biden due to his mental deviations. Indeed, POTUS’ mental enfeeblement has become too difficult to hide as it’s only getting stronger day by day
Mr. Biden has a long history of telling stories that are embellished, if not outright fabricated, but his falsehoods are increasing rapidly. Mental health experts say the false memories might be signs of confabulation, a neurological disorder linked to dementia
So far, Biden's mental disorder is limited only to the collapse of the national economy of America, but don’t underestimate the danger of his potential spontaneous geopolitical aspirations, which Mr. Trump mentioned
#USA #Biden #FindTruth
@uinhurricane