“It’s the economy, stupid.” And now, thanks to the Ukraine War and the long series of sanctions and embargoes...
Tag Archive for: may 3 2022
CHINA’S ECONOMIC OUTLOOK DIMS China’s manufacturing and service economies both showed marked slowdowns in April. The country’s official purchasing...
KEY U.S. INFLATION GAUGE NOTCHES 40-YEAR RECORD The Personal Consumption Expenditures Price Index, the U.S. Federal Reserve’s preferred measure...
MAERSK: SHIPPING VOLUME DOWN, PROFITS UP
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 0AP Moller-Maersk, the world’s second-largest ocean shipping company, has raised its profit forecast for 2022 by 25 percent—from $24...
CHIP SHORTAGE WILL LAST INTO 2024, INTEL CEO SAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 0The shortage of computer chips that chip-maker Intel had expected to end next year now will extend into 2024...
RUSSIA CUTS INTEREST RATE, MAKES BOND PAYMENT IN DOLLARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 2On 29 April, Russia’s central bank trimmed its key interest rate for the second time during that month, dropping...
EUROPE MUST ACT NOW TO SECURE METALS, REPORT WARNS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 1To fulfill its announced plan to shift to carbon-neutral energy by 2050, Europe will need 35 times more lithium,...
RUSSIA ENDS GAS EXPORTS TO POLAND, BULGARIA. GERMANY AND ITALY ARE NEXT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 2Last week, state-controlled Gazprom, Russia’s largest natural gas company, cut off deliveries to Bulgaria and Poland because the two...
TOP TREND 2022: SELF-SUFFICIENT ECONOMIES: MORE COUNTRIES LINING UP
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 0Together, Russia and Ukraine ship a disproportionate share of the world’s barley, corn, wheat, vegetable oils. Russia also is...
TOP 2022 TREND, DRAGFLATION: GLOBAL ECONOMIC GROWTH SLOWS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 3 2022, 0During this year’s first quarter, the U.S. economy shrank 1.4 percent and the European Union’s economy grew 0.2 percent...
More than two-thirds of U.S. counties with an urban center and a population of 250,000 or more lost population...
U.S. orders for durable goods posted a 0.8-percent gain in March, reaching $275 billion. Durable goods are items intended...
ADJUSTABLE RATE MORTGAGE APPLICATIONS DOUBLE IN APRIL
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 3 2022, 1During April’s third week, the number of applications for adjustable rate home mortgages doubled from the last quarter of...
STRAPPED AMERICANS HITTING UP FRIENDS AND FAMILY FOR LOANS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 3 2022, 1About 25.6 million Americans, more than 10 percent of all adults, borrowed money from family or friends between 30...
CONSUMERS GET RECORD RAISES, BUT INFLATION BEATS THEM
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 3 2022, 0Private and government employers boosted workers’ compensation by 4.5 percent in this year’s first quarter, compared to a year...
TOP 2022 TREND, DRAGFLATION: U.S. MOVES CLOSER TO DRAGFLATION
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 3 2022, 3The U.S. economy contracted by 1.4 percent during this year’s first quarter, the commerce department reported on 28 April....
The cryptocurrency industry spent billions of dollars promoting itself during this year’s Superbowl, including an ad proclaiming “fortune favors...
FBI DOMESTIC SURVEILLANCE ABUSE: NO WARRANT, NO PROBLEM. According to U.S. intelligence officials, the Federal Bureau of Investigation conducted...
WILL THE ALGORITHM LET YOU KEEP YOUR CHILD?
Support, , TRENDS IN TECHNOCRACY by Joe Doran, may 3 2022, 0Social workers are relying on AI algorithms to help determine families that should be examined for possible interventions. Not...
BIDEN’S PICK TO HEAD NEW DOMESTIC “DISINFORMATION GOVERNANCE BOARD”: HOW LOW CAN YOU GO
Support, , TRENDS IN TECHNOCRACY by Joe Doran, may 3 2022, 1People are still coming to grips with the fact that fighters deemed wild “Conspiracy theorists” and purveyors of "pessimism...