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Putin Slams Kiev’s “Barbaric Act” In 1st Public Comments On Dam Catastrophe Russian President Vladimir Putin has addressed the Nova Kakhovka dam blast in public comments on Wednesday for the first time, charging that it was a “barbaric act” of the Ukrainian government and its military forces.  Russia’s defense and foreign ministries had already laid blame…

Rogue Republicans Tank GOP Bills To Spite McCarthy Eleven House Republicans – most of them in the Freedom Caucus – joined Democrats on Tuesday in voting against a rule to advance four bills attempting to overturn Biden administration regulations to control gas stoves, in order to send a big ‘f-you’ to Speaker Kevin McCarthy for…

In Rebuke To Trump, DeSantis Says “Woke” Is “Existential Threat To Our Society” Authored by Steve Watson via Summit News, After Donald Trump proclaimed at the weekend that he doesn’t like the term ‘woke’ because nobody knows what it really means, his GOP challenger Ron DeSantis charged that those who do not treat it as…

1000s Evacuated As Massive Wall Of Water Surges Through Ukraine After Major Dam ‘Blown Up’ Images and videos posted on social media show a major dam and hydroelectric power plant in the Russian-occupied region of Kherson, located in southern Ukrainian, destroyed early Tuesday. Water rushed through the dam into the Dnieper River, which separates Ukrainian…

Stocks Sink As ‘Appulus’ Fails To Impress; Gold Up, Crypto Down, Oil Flat Eurozone PPI plunged overnight, but ugly US Services PMI data and slumping factory orders sent yields dramatically lower. For context, this was the worst day for the US macro surprise index since the first week of January… Source: Bloomberg The overnight extension…

Junk Firms Face Steepest Debt Costs In Decade As Economic Reckoning Arrives For corporations with junk credit ratings, the cost of debt servicing has skyrocketed, reaching levels not seen in over a decade. This surge can be attributed to the Federal Reserve’s rate-raising campaign. And it might force some companies to reevaluate capital structures.  Bloomberg…

If You Stand In The Way Of Their Agenda, You Will Pay A Price Authored by Michael Snyder via The End of The American Dream blog, The cultural environment that we live in has become insanely oppressive, and I am about to share an example with you that perfectly demonstrates this. A few days ago,…

Qatar Airways Plans To Cut World’s Fanciest Cabin Seats As ‘Economics Don’t Make Sense’ The economics of operating a first-class cabin on the next-generation long-haul aircraft no longer makes sense to Qatar Airways, according to Chief Executive Officer Akbar Al Baker, who Bloomberg quoted during an interview in Istanbul on Saturday.  First-Class Al Baker said there would…

Biden’s Green Rules Mean Appliances Will Soon Cost More And Do Less, Experts Say Authored by Kevin Stocklin via The Epoch Times (emphasis ours), A pledge by the Biden administration in December 2022 to take “more than 100 actions” to impose significantly tighter environmental standards on consumer goods is now becoming reality, and consumer groups…

Ukraine Officials Openly Taunting Russia As Zelensky Says ‘Ready’ For Counteroffensive Ukrainian leadership continues touting that it will “get back what’s ours” – in the recent words of the country’s chief military officer, Gen. Valerii Zaluzhnyi. President Volodymyr Zelensky is additionally telling Western press and officials that “we strongly believe that we will succeed.” Zelensky recently spoke to…

Over $1.3 Billion Of U.S. Tax Dollars Sent To China And Russia More than $1.3 billion U.S. tax dollars were sent to Russia and China over the past five years (since 2017), according to a new analysis released today by Senator Joni Ernst (R-Iowa) and OpenTheBooks.com auditors. This amount likely doesn’t reflect the total amount…

Biden Signs Debt Ceiling Bill, Ending Monthslong Political Battle Authored by Lawrence Wilson via The Epoch Times, President Joe Biden signed the Fiscal Responsibility Act on Saturday, suspending the debt ceiling for 19 months and bringing a monthslong political battle to a close. The compromise legislation negotiated by Biden and House Speaker Kevin McCarthy (R-Calif.)…

Washington ‘Equity Director’ Fired; Investigation Finds Racism, Sexism And Messages From God Washing State has fired their anti-racist ‘director of the Office of Equity’ for being a huge racist, according to findings from an internal investigation obtained by The Center Square. Karen A. Johnson (Courtesy of the Washington Office of Equity) Hired in 2021, Dr.…

FBI To Finally Hand Over Biden Corruption Docs Under Threat Of Contempt Rather than face a potential contempt of Congress vote in the GOP-controlled House, the FBI has agreed to hand over a subpoenaed document from the Biden family investigation which a whistleblower says contains allegations that Joe Biden, when he was VP, engaged in…

Recession Alert: Record Number Of Americans Worse-Off Financially Authored by Peter Reagan via Birch Gold Group, Two years ago, we referenced various reports about Americans’ savings (consumer and retirement), reporting that they had dropped to the lowest point in years. Unfortunately, things haven’t improved much since then. We just discussed the state of consumer debt, and it isn’t…

Native-Born Workers Tumble By 369K, As Foreign-Born Workers Soar To Record High Yesterday we pointed out something stunning (and a big problem for the Biden administration): while the US economy has added 3.3 million jobs from the pre-covid highs (make that 3.8 million after today’s blowout print)… … all of the new jobs have gone…

Zelensky Miffed Over NATO Inaction, Demands Membership & Security Guarantees ‘Now’ Ukrainian President Volodymyr Zelensky is letting his frustration and impatience over the question of entering the NATO military alliance be known. “Our future is in the European Union. Ukraine is also ready to be part of NATO. We are waiting for NATO to be ready…

“I Am The Enforcer” – EU’s Ministry Of Truth Threatens Google, Twitter, And Facebook With ‘Stress Tests’ Authored by Mike Shedlock via MishTalk.com, EU’s Thierry Breton tells US Big Tech corporations that he’s “The Enforcer” against disinformation… Stress Test for Truth Coming Up The Enforcer is coming after US technology companies demanding a stress test on…

Planned Layoffs Are Up Fourfold So Far This Year Companies announced a staggering 417,500 planned layoffs for the first five months of 2023. This is a massive acceleration and more than four times the job cuts compared to last year, according to Bloomberg, citing a report from outplacement firm Challenger, Gray & Christmas.  Disregarding early 2020,…

As Oil Plunges, OPEC Bans Mainstream Media Groups From Vienna Meeting Update (1400ET): The Financial Times reports that OPEC has barred several media groups from attending its crucial production meeting in Vienna this weekend, in a move officials said was driven by Saudi Arabia Reporters from Reuters, Bloomberg News and Dow Jones, the publisher of The…

Billionaire Jamie Dimon Hints At Run For Public Office; Bill Ackman Endorses Him For President JPMorgan’s CEO may be getting swept up in the Jeffrey Epstein scandal, but for a billionaire like Jamie Dimon, whose catch phrase is “that’s why I’m richer than you“ and may as well be “that’s why I will always be…

Southwest Pilot Climbs Through Airplane Windshield After Being Locked Out Of Cockpit This weekend, a pilot for Southwest got a taste of what can only be described as the true Southwest flying experience, when he was forced to board his plane through the cockpit window, after he wound up accidentally locked out of the cockpit.  Passenger Matt…