As we head into 2023, people need to buckle up for the most severe economic downturn in history.
Red Alert
December 23 (King World News) – Otavio Costa: The percentage of inversions in the US Treasury curve just shot up to 91%!
This is now worse than the global financial crisis.
Steep recession likely ahead.
Something Is About To Go Terribly Wrong With The Financial System
And The Bust Will Horrific
Peter Schiff: The U.S. will not experience a mild recession. Busts are proportionate to the booms that proceed them. The Fed pricked the biggest bubble it ever inflated. Cleaning up the mess QE and ZIRP created will result in a financial crisis and the most severe recession in U.S. history…
ALERT:
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
Millions On The Brink As Protest Break Out
Gerald Celente: Protests broke out across Europe and Asia last week over soaring inflation and wages that are not keeping up with the cost of goods, leading to a “New World Disorder” that will result in widespread civil unrest that will likely only get worse.
BANGLADESH: Nearly 100,000 protesters took to the streets last week to lash out at the soaring energy prices due to the suspension of gas and diesel imports, which has triggered power cuts across the country. The country’s currency has also depreciated by up to 25 percent, which put a strain on the middle class. In the meantime, its total foreign debt rose by 238 percent to $91.43 billion.
“I am a victim of oppression,” Russel Miah, a rickshaw driver, told NDTV.com. “I came here today to protest against the people who are responsible for my current situation.”
The protesters also expressed disgust over the country’s government and called for new elections. The report noted that none of the protests were covered in the media, raising suspicions authorities had pressured them not to.......More Below
https://kingworldnews.com/buckle-up-for-the-most-severe-economic-downturn-in-history/
US President Donald Trump confirmed on Wednesday the upcoming start of ground strikes against drug cartel targets in Latin America.
He made the remarks during Christmas greetings to the military.
Trump said the United States was "now going after the land" in its fight against drug cartel targets, noting that drug trafficking by sea was down 96 percent.
The U.S. president also extended special congratulations to the crew of the aircraft carrier USS Gerald R. Ford, currently deployed in the Caribbean.
BEIJING (Sputnik) - China has begun operating the world's first intelligent ultra-large oil tanker powered by methanol, the China Central Television (CCTV) reported on Monday.
The tanker, designed to transport crude oil, was successfully put into operation in the city of Dalian in China's northeastern coastal province of Liaoning, the report said. State-owned company Dalian Shipbuilding Industry Co Ltd independently designed and built the vessel, it added.
The tanker is approximately 333 meters (1,092 feet) long and can carry around 2.1 million barrels of crude oil, the CCTV reported. Designed to produce low emissions and having intelligent control capabilities, the tanker will serve the route to the Middle East, among others, according to the report.
The vessel is powered by a dual-fuel methanol engine, which reduces carbon dioxide emissions by 92% compared to conventional fuel, the CCTV reported. It is equipped with an intelligent ship platform, an intelligent liquid cargo ...
A car bomb has killed a senior General Staff member, officials have confirmed
Source: The Investigative Committee
A Russian general has been killed in a car bomb blast in Moscow, the Investigative Committee has reported.
Officials identified the victim as Lt. Gen. Fanil Sarvarov, head of operational training at the General Staff. According to the statement, an explosive device had been planted beneath the vehicle he was traveling in, and detonated on Monday morning in the southern part of the Russian capital.
The blast also damaged several other vehicles and seriously injured Sarvarov’s driver, media reports stated.
Russian officials said one line of investigation is an assassination carried out by Ukrainian intelligence services, noting that Kiev has previously used explosive devices in targeted killings of officials and public figures.
Last December, a bomb hidden in an e-scooter killed Lt. Gen. Igor Kirillov, commander of Russia’s Nuclear, Chemical, and Biological Defense ...
