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News & Articles By Laura Harris
05/24/2023
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By Laura Harris
IEA report: Nearly 80% of Russian crude oil has been rerouted from EU to China and India
The vast majority of Russian oil exports had been rerouted to China and India as Moscow continues to reduce its dependence on the European Union (EU) oil trade. In April, Russian oil exports reached their highest level in 14 months, with almost 80 percent heading to Asian markets due to Western sanctions, according to a recent report by the International […]
05/23/2023
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By Laura Harris
Nonprofit warn: Brits’ food bank dependency goes beyond cost-of-living crisis
Britons’ dependency on food banks just to eat each day goes beyond the U.K.’s ongoing cost-of-living crisis. According to the latest report by non-profit food bank operator Trussell Trust, it gave out nearly three million emergency food parcels across the U.K. between 2022 and 2023. From the 1.35 million parcels reported in 2017 to 2018, […]
05/17/2023
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By Laura Harris
Starbucks teams up with Amazon to launch BIOMETRIC payment system in certain locations
Coffee shop chain Starbucks has teamed up with tech giant Amazon to launch a biometric payment system in select locations. The system will utilize the Amazon One system that allows payments through palm scanning. According to Reclaim the Net, the program will be launched in selected Starbucks stores in the city of Edmonds in Washington […]
05/16/2023
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By Laura Harris
Biden administration may ban bank withdrawals amid decline in M2 money supply, Hugh Hendry warns
Hedge fund manager Hugh Hendry has warned that the Biden administration is mulling a freeze on U.S. bank withdrawals amid the decline in M2 money supply – a benchmark measure of how much cash and cash-like assets is circulating in the U.S. economy. “Sometimes it’s kind of relevant to panic. I would recommend you panic,” he said. […]
05/01/2023
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By Laura Harris
Walmart store closures leave local communities grappling with economic and social consequences
Walmart recently announced the permanent closure of six stores, leaving the affected cities grappling with the economic and social consequences. The closures have raised concerns about job losses, access to affordable goods and the overall impact on local communities. The shuttered stores were in South Bend, Indiana; Forest Park, Ohio; Brooklyn Center, Minnesota; Louisville, Kentucky; Everett, Washington; […]
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