Category Archive: 5) Global Macro

McDonald’s plans to reopen in Ukraine

McDonald's Corp said on Thursday it plans on reopening its restaurants in Ukraine over the next few months in an early sign of western businesses returning to the country, even as the conflict with Russia continues.

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A Most Peculiar Recession

So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions--those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic. In the good old days, a recession laid waste to entire industries which never recovered their previous employment.

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Gravitas: US announces largest military package yet for Ukraine

The US has announced a $1 billion military package for Ukraine. The latest package brings total US commitments to almost $10 billion. Reports claim only 30% of these weapons are making it to the front lines. What about the rest? Palki Sharma tells you.

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Explosions rock Russian airfield in Crimea, cause for blast not known

Smoke blankets Russian air base at Crimea after a series of explosions that killed at least one civilian on Tuesday, Russia ruled out the possibility of attacks claimed that the blast came from detonations of stored ammunition.

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Are Older Workers Propping Up the U.S. Economy?

Are 55 and older workers propping up the U.S. economy? The data is rather persuasive that the answer is yes.The chart of U.S. employment ages 25 to 54 years of age and 55 and older reveals a startling change.There are now 20 million more 55+ employed than there were in 2000, an equivalent of the entire workforce of Spain.

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Russian oil transit halted via Druzhba pipeline to central Europe | Latest World News | WION

Energy supply concerns grip three European nations as Russian oil supply through Ukraine has been halted. According to Russian oil firm Transneft, transit payment issues was the reason behind its move.

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Gravitas: Russia’s Wagner Group is hiring mercenaries from prisons

Russia's Wagner Group has reportedly launched a 'recruitment drive'. It is recruiting mercenaries from Russian prisons. Billboards with the group's ads have been installed in Russian cities. What is the Wagner Group? How does it help Moscow? Palki Sharma reports.

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High inflation: what you need to know

In many countries, inflation is at its highest level since the early 1980s, and consumers are feeling the pinch. What can be done to bring it under control? 00:00 - Global inflation is rising again 00:24 - What is inflation? 00:51 - Why is high inflation a concern? 01:40 - How to control inflation 03:00 - How monetary policy can tame inflation Sign up to our daily newsletter for the latest coverage: https://econ.st/3JrA0c5 Read more on our...

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Another Historic Social Security Cost of Living Increase is on the Way

It’s almost time for the Social Security Administration to break out pencil and calculator to find out how much more it costs to live this year than it did last, and then decide how much of a raise Social Security beneficiaries will get in 2023. For 2022, the Social Security Cost of Living Adjustment (COLA) was 5.9%, the largest increase since 1982.

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Can We "Export Inflation?" Yes We Can, Yes We Are

A strong currency exports inflation to those nations which do not issue the currency. Though it's difficult to be confident of anything in the current flux, I am pretty confident of three things: 1) price is set on the margins 2) currencies are the foundation of every economy 3) the financial forecasts issued to calm the public do not reflect operative geopolitical goals.

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WION Fineprint: Oil & gas price surge amid Ukraine war | Latest English News

As global economies show worrying signs of rising food prices, soaring gas prices and high inflation rates, oil super majors witness record-breaking profits. How? Well, the Russian invasion of Ukraine is driving these stunning profits for the oil giants.

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WION Dispatch: ‘SCO has agreed to trade in local currencies,’ says Russian FM

The formal meet of the foreign ministers of the SCO grouping is currently underway in Uzbekistan's capital Tashkent. Russian foreign minister said, SCO has agreed to trade in local currencies.

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How Much of "Inflation" Is the Price Being Jacked Up Under the Excuse of "Inflation"?

The problem for global corporations feasting on "Inflation" profiteering is that the vast majority of consumers can't afford another lavish vacation, overpriced vehicle or specious subscription.

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When You Can’t Go On by Charles Hugh Smith, Chapter by Chapter

Hear it Here - adbl.co/3OFQ1MB When I burned out, what I wanted but could not find was a practical guide by someone who had experienced burnout themselves. None of the material I found spoke to what I was experiencing or to my sense that our economy is now optimized to burn people out. I decided to write the guide I wanted but could not find. This is my experience of burnout, reckoning and renewal. This book is my account of what helped me....

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The Roundtable Insight – Charles Hugh Smith on the USD, Emerging Markets and Investment Implications

Http://financialrepressionauthority.com/2022/07/28/the-roundtable-insight-charles-hugh-smith-on-the-usd-emerging-markets-and-the-investment-implications/ Support us on Patreon - https://www.patreon.com/roundtableinsight

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What Can The Beatles Teach Us about Management?

Own your work. Don't give it away or let others profit at your expense. Leverage it when opportunities arise. What can The Beatles teach us about management?Young readers may wonder why The Beatles still matter 52 years after the band broke up. It's a fair question.

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Russia-Ukraine war: Deadly attack on a prison in Donetsk, dozens dead

It has been several months since the Russian invasion of Ukraine has been raging on. Armies of both countries are fighting since the invasion began. Now, a Deadly attack on a prison in Donetsk claim dozens of lives.

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Fed Official: Inverted curve means Fed is awesome [Ep. 269, Eurodollar University]

James Bullard, St. Louis Fed chief, says the yield curve is twisted by the inflation surge, and may not be a recession message. Indeed, markets are twisting it because they have confidence the central bank will get control of consumer prices.

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Weekly Market Pulse: Opposite George

It all became very clear to me sitting out there today, that every decision I’ve ever made, in my entire life, has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have, in every aspect of life, be it something to wear, something to eat… It’s all been wrong.

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When You Can’t Go On: Burnout, Reckoning and Renewal By: Charles Hugh Smith

Hear it Here - adbl.co/3OFQ1MB When I burned out, what I wanted but could not find was a practical guide by someone who had experienced burnout themselves. None of the material I found spoke to what I was experiencing or to my sense that our economy is now optimized to burn people out. I decided to write the guide I wanted but could not find. This is my experience of burnout, reckoning and renewal. This book is my account of what helped me. The...

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