UNILEVER FACES $2.3 BILLION IN COST INCREASES, SHIFTS STRATEGY Unilever, whose 400 consumer brands include Lifebuoy soap and Ben...
Tag Archive for: feb 15 2022
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Before 2020, airports boutiques hawking Gucci, Louis Vuitton, and other luxury brands were an integral part of traveling and...
On 8 February, the number of container ships waiting to enter ports at Los Angeles and Long Beach fell...
TURKEY’S BONDS DOWNGRADED. WORSE TO COME
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 15 2022, 2On 12 February, ratings agency Fitch lowered Turkey’s sovereign bond ratings deeper into junk status, dropping them from BB-...
The Bank of Russia announced on 11 February that it will raise its base interest rate from 8.5 percent...
TOP 2022 TREND: EUROPE WILL INVEST €43 BILLION IN CHIP MANUFACTURING
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 15 2022, 0The European Commission (EC) has announced €43 billion in funding to build new plants to make advanced computer chips...
TIGHTEN POLICY NOW, BUNDESBANK CHIEF SAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 15 2022, 0Europe’s central banks need to stop economic stimulus programs now, begin a “normalization” of monetary policies, and tighten the...
EU CUTS 2022 GROWTH FORECAST AS INFLATION RAGES ON
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 15 2022, 0Energy prices will be “a more protracted drag” on the European Union’s (EU’s) economy this year, moving the European...
AS FED RAISES INTEREST, SAVERS WON’T BENEFIT AS BANKSTERS CASH IN
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 0Although the U.S. Federal Reserve will raise interest rates this year, banks are unlikely to raise interest rates on...
MIDDLE-INCOME BUYERS TOO POOR TO BUY HOMES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 2At the end of 2021, there were 411,000 fewer homes on the market that were affordable for households making...
HOME PRICE RISE CONTINUES. END IS NEAR?
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 3The median sale price of an existing single-family home was $361,700 in 2021’s fourth quarter, a 14.6-percent gain from...
TOP 2022 TREND: THE CONSUMER SPENDING SHUFFLE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 5U.S. consumer spending on basic and essential goods and services such as clothing, food, housing, transportation, and utilities rose...
INFLATION ADDS AVERAGE $276 TO PLANTATION WORKERS OF SLAVELANDIA
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 1In the dead-woke world of the Presidential Reality Show®, where the President takes the stage to brag about strong...
Inflation ran at 7.5 percent in January, year over year, its fastest pace since February 1982, topping December’s 7-percent...
INTEREST RATE HIKES COMING, THE WORST IS YET TO COME
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 7January’s 7.5-percent inflation pace all but guarantees that the U.S. Federal Reserve will raise its key interest rate next...
S&P STOCK PRICES SAGGED TO THEIR LOWEST IN ALMOST TWO YEARS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 15 2022, 0The Standard & Poor’s 500 stock index traded in late January as low as 19.3 times expected earnings over...
France announced plans to develop up to 14 nuclear reactors to counter climate change. French President Emmanuel Macron announced...
By Philip Giraldi In 2005, President George W. Bush allegedly addressed a meeting of Republicans discussing whether to renew...
NY BITLICENSE IS DRIVING CRYPTO INNOVATION AWAY. It’s no secret that New York currently has the worst regulatory atmosphere...