Category Archives: Economics

Economic policies, business, investing, saving, banking, currency

“Fire & EXPLOSION reported at Pemex oil refinery in southern Mexico”

“An oil refinery in Mexico has caught fire, according to videos that have emerged on social media. An explosion at the same facility was also reported, but the extent of the damage remains unclear. Parts of the Antonio Dovali Jaime … Continue reading

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“JP Morgan traders accused of manipulating price of gold, silver for a DECADE…”

“Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling a crackdown. Current and former JP Morgan precious metals traders … Continue reading

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“Saudi Arabia shuts down pipeline to Bahrain after drone strikes – report”

“Riyadh has reportedly shut down a pipeline to Bahrain after drones targeted two key Saudi Aramco oil plants on Saturday. The closure comes amid supply shortage fears as the kingdom struggles to restore the facilities. The drone raid, claimed by … Continue reading

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“…oil jumps the most in history after Saudi attacks”

“Oil prices soared after a coordinated attack hit the heart of Saudi Arabia’s oil industry on Saturday, forcing the kingdom to cut its oil output in half. Brent crude futures, the international benchmark, rose as much as 19.5% to $71.95 per … Continue reading

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“Drone Strikes in Saudi Arabia Wipe Out 5% of Global Oil Supply”

“Drone attacks on two critical production facilities in Saudi Arabia wiped out over 5% of the world’s oil supply in one go, eliminating the spare capacity of the entire globe. The attacks, which targeted an oil processing facility at Abqaiq … Continue reading

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Good News: “6.2 million Americans off food stamps under Trump”

“More than 6.2 million individuals dropped off food stamps since President Donald Trump completed his first full month in office, according to the latest data from the U.S. Department of Agriculture (USDA). The most recent USDA data shows that 6,268,285 … Continue reading

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