Posts Tagged ‘economy’

Israeli economy grew at just 1% in Q2 2019

According to the first estimate by Israel’s Central Bureau of Statistics, the economy grew by just 1% on an annualized basis in the first quarter of 2019. This reflects a sharp slowdown from 4.7% in the first quarter of 2019 and 4.2% in the fourth quarter of 2018. The sluggish growth in […]

5 Sectors of The U.S. Economy That Are In Decline

By Steven Maxwell As regular readers of this site are probably well aware, it often feels like we are living in parallel worlds when it comes to media coverage of just about anything. This is extremely evident in the economy. In a game of numbers, one would think that there would be much more obvious […]

HSBC Will Slash Thousands Of Jobs As Economy Worsens

By Mac Slavo Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses, and it’s not likely to end here. The retail […]

Photos: Iran, Azerbaijan economy ministers’ meeting in Tehran

Iranian Minister of Finance and Economic Affairs Farhad Dejpasand and his Azerbaijani counterpart Shahin Mustafayev held a meeting in Ministry of Economic Affairs and Finance department in Tehran on Saturday.     Source Article from Related Posts Tehran, Helsinki discuss JCPOA IRNA – The Office of the President of the Republic of Finland in […]

US economy grew more slowly in 2018 than previously estimated

The US government says the economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. The US Commerce Department lowered its estimate of growth from the fourth quarter […]

Watch Live: Fed’s Powell Explains Why He’s Cutting Rates In ‘Greatest Economy Ever’

With the Fed’s critical July meeting – where equity bulls hope to see the central bank deliver the 50 bp cut to the Fed funds rate that President Trump has demanded – just weeks away, Fed Chairman Fed Powell will sit for his biannual testimony before Congress this week, starting with the House Financial Services […]

With a crumbling economy, Gaza’s poorest are pushed into homelessness

Amid growing financial strain, Palestinians in Gaza who are unable to pay rent are now living in tents. Most were tradesmen who lost their jobs in recent years. Some were once part of Gaza’s slim middle-class. Of those with degrees, many studied hard sciences. After a decade of siege on Gaza’s crumbling economy, even once […]

41 Inconvenient Truths on the “New Energy Economy”

By Mark P. Mills A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have fueled societies for centuries. Regardless of one’s opinion about whether, or why, an […]

REALITY CHECK: U.S. Economy Tanking, War on Iran Waged by Khazarian Mafia, Military Ignores Trump

  Trump signs additional sanctions against Iran, refers to wrong ayatollah   Khazarian mafia’s Satanic summer solstice Iran sacrifice backfires big time By Benjamin Fulford The latest attempt by Khazarian Satanists to trigger World War III in Iran has backfired spectacularly. What happened was that U.S. President Donald Trump, following the orders of Satanic Chabad […]

Israel-founded firms ‘making impact’ in New York State economy

Israeli-founded companies are making a “substantial impact” on the New York State economy by generating significant revenue and hiring New Yorkers, according to the findings of a study released by the New York – Israel Business Alliance. The independent study, released Tuesday, showed that Israeli-founded companies in New York directly contributed $18.6 billion in revenue […]

Provoking Iran Could Start a War and Crash the Entire World Economy

Tensions in the Persian Gulf are reaching a point of no return. In recent weeks, six oil tankers have been subjected to Israeli sabotage disguised to look like Iranian attacks to induce the United States to take military action against the Islamic Republic. Some days ago Iran rightfully shot out of the sky a US Drone. […]

Secret Gold Trade With Uganda Exposes Underground Economy Keeping Maduro’s Venezuela Afloat

Authored by David Craggen via, Back in March, a Uganda-based gold refinery was caught importing a massive 7.4 million tons of gold under questionable circumstances.  At the time, no one could prove definitively that it was Venezuelan gold from the Maduro regime, and half of it had already been lost to export.  Now, a Wall […]

Secret Gold Trade With Uganda Exposes Underground Economy Keeping Maduro’s Venezuela Afloat

Authored by David Craggen via, Back in March, a Uganda-based gold refinery was caught importing a massive 7.4 million tons of gold under questionable circumstances. At the time, no one could prove definitively that it was Venezuelan gold from the Maduro regime, and half of it had already been […]

‘Deaths of despair’ soaring among Gen Z & millennials: ‘It’s the economy, stupid’

Suicide rates among teens and young adults aged 15 to 24 – the older end of “Generation Z” – spiked in 2017, reaching their highest point since 2000, according to a study published Tuesday in the Journal of the American Medical Association (JAMA). They’ve risen 51 percent in the past 10 years, buoyed by rising […]

#ICYMI: US weaponizes economy with volleys of intercontinental ballistic sanctions against bad guys

Launching intercontinental ballistic sanctions is much less messy than sending in troops and if used correctly can last for decades with minimal effort. The only problem is you can’t use sanctions against your allies which is extremely inconvenient, or at least it was, until Trump simply renamed sanctions and started calling them tariffs! Perfect! ICYMI […]

UK economy shrinks by 0.4 percent amid Brexit uncertainty

Britain’s planned withdrawal from the European Union, known as Brexit, is continuing to inflict losses on the economy as official estimates suggest the country lost nearly half a percent of its wealth in April. The Office for National Statistics (ONS) said on Monday that Britain’s GDP fell by 0.4 percent in April compared to […]

Data Show That a Free Press and a Free Economy Go Hand-In-Hand

By Kai Weiss Freedom of the press is attacked all around the world. The recently released 2019 edition of the Press Freedom Index shows once more a decline in press freedom—a trend that has been holding on for many years. As Reporters Without Borders, which compiles the index every year, writes, “hatred of journalists has degenerated […]

The Disconnect Between The Economy & Stocks Is At Record Highs

The bear case for U.S. stocks is getting more compelling by the day, according to Bloomberg macro strategist Mark Cudmore. Via Bloomberg, There’s been a remarkable deterioration in the macro environment since my column last week, yet U.S. equities have gained in value. This divergence is unsustainable but it’s a reminder that bear markets take many months to […]

Slowing Economy, Plunging Stocks Are Forcing The Fed’s Hand

Authored by John Rubino via, A few short weeks ago, the economy seemed to be growing, the trade war looked winnable and the Mueller Report appeared to take presidential impeachment off the table. And then… The economy hit a rough patch. Auto sales are down and home sales are way down. This morning: Pending home […]

Americans Haven’t Been This Confident In The Current Economy Since 2000

Americans’ confidence in consumption was expected to extend April’s modest rebound but instead it soared in May, led by a big surge in consumers’ view of the present situation. Headline Consumer confidence in May rose to 134.1 vs. 129.2 prior month. Present situation confidence rose to 175.2 vs. 169.0 last month – highest since Dec […]

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