Whats going on in the World

[movetheboat]

jan 6th we hit bottom as a country!!!! disgrace!!

 

[jpd]

Feds finally realize that we have an inflation problem......guess it wasn't the "transitory" talking point parroted all across the media.

Federal Reserve raises interest rates by 0.75%, most since 1994, amid effort to slow inflation

The Federal Reserve raised interest rates by the most since 1994 on Wednesday, pushing its benchmark rate higher by 0.75% in a bid to slow inflation.

www.yahoo.com

 

[wader]

Russia aims to boot former Soviet nations from NATO by relinquishing sovereign recognition: lawmaker

Russian lawmakers are attempting to establish a legal groundwork to boot former Soviet Union nations from NATO by repealing their sovereign status.

www.foxnews.com

A Russian lawmaker on Wednesday said Moscow will look to repeal its recognition of the independence of former Soviet nations like Lithuania, Latvia and Estonia in an attempt to revoke their NATO protections.

State Duma deputy Yevgeny Fedorov told a Latvian news outlet that reversing Russia’s decision to recognize the Baltic States as sovereign would allegedly create legal grounds to force the alliance to divert to 1997 borders.

 

[jpd]

Best analysis I've read on the sham 1/6 hearings

“Pelosi’s decision to shred the long tradition on balanced committees was a signature muscle play,” said liberal law professor Jonathan Turley on Twitter. “The Jan. 6 Committee was stripped of any pretense. It was as subtle as her ripping up President Trump’s State of the Union speech on the House floor. The Committee can now deliver precisely what Pelosi demands: politics unburdened by process. The shame is that it could have been so much more if the committee were balanced and allowed a broader scope of inquiry.”

 

[wader]

Ukrainian Farmers Poison Russian Troops With Spiked Cherries as Guerrilla War Terrifies Invaders

UESLEI MARCELINORussian authorities have gone all out to tighten their grip on cities taken over by Putin’s troops in eastern Ukraine, but ordinary citizens are fighting back—with arson attacks and poisoned fruit.The latest surprise for Russian troops came in Melitopol, where Mayor Ivan Fyodorov...

www.yahoo.com

Russian authorities have gone all out to tighten their grip on cities taken over by Putin’s troops in eastern Ukraine, but ordinary citizens are fighting back—with arson attacks and poisoned fruit.

The latest surprise for Russian troops came in Melitopol, where Mayor Ivan Fyodorov said local farmers had caused “mass illness” among Russians by poisoning cherries.

“Our farmers prepared another gift for the [Russians]—recently treated sweet cherries, which caused mass illness among those who stole them from the farmers. It’s the latest kind of partisan resistance on the territory of Melitopol,” Fyodorov told local reporters on Thursday.

Russian authorities are continuing to face difficulties implementing their occupation agendas due to pro-Ukrainian pressure in occupied areas,” the report noted, describing teachers “refusing to teach under Russian curricula” in Berdyansk and “unidentified Ukrainian partisans” targeting staffers of Russia’s Emergency Ministry in Mariupol.

Petro Andriushchenko, an aide to the Mariupol mayor, described the latter incident in a post on Telegram on Wednesday.

He said two tractors and three large truck trailers parked outside the Russian Emergency Ministry’s headquarters “suddenly” went up in flames on July 9 due to an arson attack.

Two days later, he said, on the eve of the city’s “Day of Russia” celebrations, a staffer for the same ministry was stabbed in the back while standing in a crowd.

“The injury turned out to be fatal,” he said. “We’re talking to you, scum. Start looking behind you. Retribution is already near.”

 

[jpd]

 

[longcast]

Mortgage rates surge to 5.78%, highest level since 2008

Freddie Mac says mortgage rates have surged to the highest level since 2008, the result of rising inflation expectations and higher Federal Reserve interest rates.

www.foxbusiness.com

 

[jpd]

 

[movetheboat]

The teen who targeted Black people in a mass shooting at a Buffalo supermarket says in federal court he has $16 and two shares of Disney stock to his name


NYDAILYNEWS.COM
Buffalo supermarket shooter says he has $16 to his name in federal court appearance

 

[jpd]

Almost a quarter of a million - in one month.

Migrant encounters hit another high, over 100K removed under Title 42

The number of unaccompanied increased significantly in May — up by 21% to 14,699, with CBP taking in an average of 692 to custody per day.

nypost.com

 

[longcast]

Ford CFO flags increase in car loan delinquencies

Consumers falling behind on their car loan payments may be the next economic domino to fall as fears of a potential recession grow.

www.foxbusiness.com

A rise in auto loan delinquencies, or late payments, may be the next signal that the U.S. economy is headed towards a potential recession, according to a new warning from Ford Credit, the automaker's financing arm.

 

[longcast]

ExxonMobil hits back after Biden threatens energy producers

ExxonMobil fired back at President Joe Biden after he sent a letter to oil companies threatening to use "emergency powers" if they don't boost supply.

www.foxbusiness.com

The statement ended imploring the Biden administration to – rather threaten emergency powers – "promote investment through clear and consistent policy that supports U.S. resource development."

 

[longcast]

Housing market goes from bad to worse

The U.S. housing market is getting battered by rising interest rates and sky-high prices, as housing starts and builder confidence continue to decline.

www.foxbusiness.com

 

[longcast]

US economy headed for imminent recession, Fed GDP tracker shows

A closely watched Federal Reserve tool showed economic growth in the second quarter may have stalled, raising the possibility that the economy is already in a recession.

www.foxbusiness.com

 

[movetheboat]

INFLATION FIGHT WORKING!!! LGB​

ENERGY KICKED IN THE BALLZ TODAY

​

Energy Futures​

SYMBOL	PRICE	CHANGE	%CHANGE	VOLUME
*OIL	110.03	-7.56	-6.429	69,642
*BRENT	113.52	-6.29	-5.25	314,053
*NAT GAS	7.023	-0.441	-5.91	96,841
*RBOB GAS	3.797	-0.159	-4.01	41,245

 

[wader]

INFLATION FIGHT WORKING!!! LGB​

ENERGY KICKED IN THE BALLZ TODAY

​

Energy Futures​

SYMBOL	PRICE	CHANGE	%CHANGE	VOLUME
*OIL	110.03	-7.56	-6.429	69,642
*BRENT	113.52	-6.29	-5.25	314,053
*NAT GAS	7.023	-0.441	-5.91	96,841
*RBOB GAS	3.797	-0.159	-4.01	41,245

till Monday comes.........

 

[movetheboat]

till Monday comes.........

energy was the worst performing sector of the week......june teenth monday...stock markets closed....energy futures probably trade

 

[wader]

European Commission recommends war-ravaged Ukraine for EU candidacy

The European Commission on Friday recommended that Ukraine, which has been at war since Russia invaded in February, become a candidate for European Union membership.

www.yahoo.com

LONDON — The European Commission on Friday recommended that Ukraine, which has been at war since Russia invaded in February, become a candidate for European Union membership.

“We all know that Ukrainians are ready to die for the European perspective,” Commission President Ursula von der Leyen said. “We want them to live with us, the European dream.”

The decision will be left up to EU leaders, who will vote at a summit in Brussels next week. Some leaders have already shown their support for Ukraine's joining the bloc.

Sweden, which is currently applying for membership in NATO, said it was in favor of Ukraine’s candidacy. “Every state has the sovereign right to choose their own path,” Foreign Minister Ann Linde tweeted. “Sweden stands behind their commitment and choice.”

 

[OVERBORED]

These passive aggressive actions give Russia all the more reason to continue it's incursion.

 

[jpd]

Had been a while since I picked up some bagels from a local bagel shop.
Went from $6 a half dozen to $7.50, a 25% increase.

5 weeks later, $9.00 for the same 6 bagels.