It’s wake up time. For months, there has been a tremendous amount of denial out there. So many of the “experts” assumed that the Federal Reserve and other central banks had everything under control and that things would “return to normal” before too long. But that hasn’t happened. Instead, the wheels seem to be coming off the bus and nobody seems to know what to do. The Fed appears to be determined to keep raising interest rates in a desperate attempt to fight inflation, and this has forced other central banks all over the globe to raise rates as well in order to keep their currencies from absolutely tanking. But all of these interest rate hikes are taking us into a major global economic downturn, and central bankers in Europe are literally screaming at the Fed to end the madness.
But the Fed is not going to end the madness, and so things are going to get really bad.
In fact, Bank of America is now projecting that the U.S. economy will lose 175,000 jobs a month during the first quarter of 2023…
As pressure from the Fed’s war on inflation builds, nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter, the bank said. Charts published by Bank of America suggest job losses will continue through much of 2023.
“The premise is a harder landing rather than a softer one,” Michael Gapen, head of US economics at Bank of America, told CNN in a phone interview Monday.
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China has suspended several 2025 export controls on strategic materials — including rare earths, superhard materials, and lithium batteries – for a year. Is this a concession to the US, or a move in a far more complex game?
"The first aim of China’s export controls was to consolidate its leverage in negotiations. The second was to establish a long-term framework for managing such controls," says Yana Leksyutina, deputy director at the Institute of China and Contemporary Asia, Russian Academy of Sciences (RAS).
Сhina could activate this mechanism at any moment, and now everyone knows it’s a lever it holds, she explains to Sputnik.
Balancing the Mineral Market
"The moratorium on export bans to the US essentially resets the rare earth market to where it was previously," Jeff J. Brown, author of 'The China Trilogy' and founder of Seek Truth From Facts Foundation, tells Sputnik.
In the meantime, there will be a global rush by the US and its NATO allies to acquire as many rare earth ...
The Israeli regime has reportedly signed contracts worth millions of dollars in recent months to sway American public opinion as part of attempts to launder the occupying entity’s genocidal war crimes against Palestinians in the besieged Gaza Strip.
Israeli daily Haaretz reported on Friday that the multimillion-dollar campaign aimed to reshape US public opinion, both online and offline, through coordinated influence operations combining digital marketing, AI, geotagging, and religious messaging.
The contracts, signed between the Israeli regime and firms linked to US President Donald Trump, reveal a “hasbara [propaganda] campaign” and schemes to target millions of US churchgoers, deploy bots, hire influencers, and try to make ChatGPT more pro-Israel.
The largest contract, worth $6 million, was signed with Clock Tower X, owned by Trump’s former digital campaign chief Brad Parscale, to produce and distribute roughly 100 core pieces of pro-Israel content per month and thousands......
