Commentary The Bank of Canada (BoC) has raised the key overnight rate to 5 percent and the Bank Rate to 5.25 percent. The increases of one-quarter of a percent were widely anticipated by market observers. Coincidentally, the U.S. Consumer Price Index (CPI) for June was released and the core rate, at 3 percent, was lower
Bank of Canada Raises Rates as Inflation Lingers and Slowdown Looms Read More »
The human body has more than 60,000 miles worth of veins and arteries, and the two kinds of blood vessels differ in purpose; veins carry blood back to the heart, and arteries carry oxygenated blood away from the heart to be distributed. This is the process by which tissues and organs receive oxygen, nutrients, and
What Do Healthy Veins Look Like? Read More »
At least 93 percent of central banks are already researching the implementation of central bank digital currencies (CBCD), according to a recent survey. Twenty-four central banks in emerging and in advanced economies are expected to have digital currencies in circulation by 2030, the Bank for International Settlements (BIS) said in a survey published on July
Central Banks Are Increasingly Interested in CBDCs, Says BIS Survey Read More »
Commentary Amajor leader of the Brexit movement, Nigel Farage, has just had his decades-old bank accounts closed, allegedly for “commercial” reasons, while seven additional banks have apparently refused to have him as a customer. Until we have independent evidence of what is really going on with Farage’s accounts, we cannot definitively rule out the possibility that
The Politicization of Banking and the End of Freedom Read More »
News Analysis On July 11, we reported that House Republicans released two text messages that show that a group of prominent scientists conspired to dismiss the origin of the COVID-19 pandemic in order to protect China. It has now emerged that those messages are part of a much larger trove that was apparently being held
Rep. Jim Jordan (R-Ohio) leveled severe criticism at the FBI and the U.S. government for suppressing the Hunter Biden laptop story—along with a host of other violations—in his opening statements at Wednesday’s House Judiciary Committee hearing on “the politicization of the nation’s preeminent law enforcement agency.” … Read More RSS Feed | The Epoch Times
Rep. Jordan Criticizes FBI For Suppressing Hunter Biden Laptop Story Read More »
The two trust funds undergirding Social Security will have a zero balance in 10 years, forcing a 25 percent reduction in payments to all beneficiaries, Phillip Swagel, director of the nonpartisan Congressional Budget Office (CBO), reported to Congress. The Social Security program includes two trust funds, Old-Age and Survivors Insurance and Disability Insurance, which provide
Social Security Bankrupt in 10 Years Unless Congress Acts, CBO Director Says Read More »
The RCMP are investigating at least 70 cases of sexual assault at a youth detention facility in Nova Scotia’s Annapolis Valley, and they say up to 200 people may come forward. The alleged assaults occurred at the Nova Scotia Youth Centre in Waterville, N.S., between 1988 and 2017, the RCMP told a news conference Wednesday,
NS RCMP Investigating 70 Alleged Sex Assaults at Youth Jail, More Cases Likely Read More »
House Homeland Security Committee Chairman Mark Green (R-Tenn.) discusses the policies needed to secure the border, the next steps for the “Secure the Border Act” and other border security measures, and the committee’s recently launched oversight investigation into Homeland Security Secretary Alejandro Mayorkas in an event held by Heritage Foundation at 3:30 p.m. ET on
The U.S. Environmental Protection Agency (EPA) on Wednesday announced a new proposed rule for lead pain in a bid to prevent children from being exposed to the toxic substance. In a news release issued by the federal agency, officials predict that the rule will reduce lead exposures for 250,000 to 500,000 children under the age
New Federal Rule Could Force Millions of Homes and Schools to Remove Lead Dust Read More »