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News & Articles By Ethan Huff
10/03/2022
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By Ethan Huff
SIXTH property insurer declares bankruptcy after Hurricane Ian
The insurance industry is not doing so well as the sixth insurance company so far this year declares insolvency. According to reports, state regulators in Florida have asked a judge to place a property insurance company in receivership following Hurricane Ian. The Florida Department of Financial Services is seeking to be the appointed receiver for […]
09/26/2022
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By Ethan Huff
Europe is collapsing, and it’s just the first domino of many to fall
The European Union (EU) is rupturing at the seams due to a variety of factors, including the ongoing and escalating energy crisis. European nations are not in agreement about how to deal with the problem, let alone how to move forward. Contentions abound as Russian oil and gas runs dry in Germany, the EU’s economic […]
09/25/2022
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By Ethan Huff
Germany to nationalize struggling energy firm Uniper amid worsening financial crisis
After bailing out one of the country’s largest private utility companies, Germany is now considering nationalizing it. Uniper, which is being hit exceptionally hard by the ongoing European energy crisis, needs a lot of help if it is going to survive. The company has seen tremendous losses ever since the West imposed sanctions against Russia […]
09/23/2022
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By Ethan Huff
Chinese state-run media urges “de-dollarization,” says Federal Reserve engaging in “financial looting” of the world
An editorial published by the Global Times, a media outlet run by the Chinese Communist Party (CCP), expresses worry about the Federal Reserve’s manipulation of the United States dollar. Calling it “financial looting,” the piece blasts the Fed for its continued interest rate hikes, which are strengthening the dollar while weakening other currencies. With the […]
09/22/2022
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By Ethan Huff
McDonald’s CEO warns companies will vacate Chicago due to rampant crime
Another major corporation could soon be leaving Chicago due to escalating crime: the McDonald’s fast-food chain. McDonald’s CEO Chris Kempczinski says his company’s employees feel unsafe and no longer want to come to work. This includes corporate employees at the main offices of McDonald’s, which are located in the heart of the Windy City. As […]
09/21/2022
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By Ethan Huff
High energy prices are coming to America, too
At this point, there is simply no denying that the world is in a serious crisis. Inflation is through the roof, the financial markets appear ready to collapse, another global world war is looming, and in Europe especially it is becoming too costly for ordinary people to continue heating and powering their homes. And unfortunately […]
09/20/2022
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By Ethan Huff
FedEx cratering as economy implodes, shipping demand falls off cliff
Things are not looking good for global shipping giant FedEx, which just announced the implementation of significant cost-cutting measures due to a “softness” in global shipping volume. Softness, in this context, means that people and companies are no longer shipping things as much as they once were. This is, in part, due to ongoing supply […]
09/15/2022
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By Ethan Huff
SANCTIONS BACKFIRING: European manufacturers closing up shop due to skyrocketing energy costs
There is a pretty good chance that Europe is done for as it pertains to manufacturing. The soaring cost of energy has made it prohibitively expensive for primary-metals producers and other heavy industries to continue doing business across the continent, which is boycotting Russian energy over Vladimir Putin’s invasion of Ukraine. Anti-Russia sanctions have all […]
09/14/2022
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By Ethan Huff
Leaked documents show British police are preparing for “greater civil unrest” this winter
She has only been on the job for a few days, but new British Prime Minister Liz Truss has maybe a few weeks left to roll out a solid, confidence-inspiring plan to turn around Great Britain’s economy – or else face widespread unrest this fall and winter. Police chiefs across the United Kingdom say that […]
09/14/2022
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By Ethan Huff
Idiocracy: Germany finally admits that “without energy, no economy can run”
Peter Adrian, head of the Association of German Chambers of Industry and Commerce (DIHK), is reportedly coming to grips with the fact that Germany will collapse without Russian energy. It was all fun and games poking the Russian bear for political points. But now that the Nord Stream 1 (NS1) pipeline has been turned off […]
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