Daily Archives: May 18, 2022

2022-05-18: News Headlines

Editor (2022-05-18). The war against food—who is to blame. mronline.org This week President Joseph Biden stopped at an Illinois farm to say he's going to help the Ukraine ship 20 million tonnes of wheat and corn out of storage into export, thereby relieving grain shortages in the international markets and lowering bread prices around the world.

Ann Brown (2022-05-18). Pro-Reparations Summer Lee Wins Pennsylvania DNC Primary, Fights Off Heavy AIPAC Funding, Dem Party Establishment. moguldom.com Former labor organizer Summer Lee, 34, came out on top in the Pennsylvania 12th Congressional District Democratic primary on May 17, narrowly leading against DNC establishment favorite Steve Irwin in a tight race. While the race is still too close to call, the pro-reparations progressive candidate Lee, 34, has declared victory. Irwin, a 62-year-old business and …

_____ (2022-05-18). Only A People's Monetary Reset Can Prevent A Feudalistic Technocracy. popularresistance.org Fortunately for the United States, our national debt is in U.S. dollars. As former Federal Reserve Chairman Alan Greenspan once observed, "The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default." | Paying government debt by just printing the money was the innovative solution of the cash-strapped American colonial governments. The problem was that it tended to be inflationary. The paper scrip they issued was considered an advance against future taxes, but it was easier to issue the money than to tax it back, and over-issuing devalued the curr…

Dana Sanchez (2022-05-18). Target Stock Crashes 25% After Walmart Crash: What Are Big Retailers Saying About Inflation And The Coming Downturn? moguldom.com Target, the eighth-largest retail chain in the U.S., saw its stock plunge 25 percent on Wednesday after announcing a drop in profit for the first quarter of 2022. Its results were "eerily similar" to the top U.S. retailer Walmart, whose Q1 earnings were reported Tuesday, helping to push its stock price down 11 percent. Walmart …



Dana Sanchez (2022-05-18). Walmart Stock Falls 11 Percent In A Single Day: 'We See Switching From Gallons Of Milk To Half Gallons'. moguldom.com The stock price for the world's second-largest retailer, Walmart, fell by 11 percent on Tuesday, May 17, after the company reported lower-than-expected earnings in the first quarter — its worst single-session decline since 1987 — as rising costs for food, fuel and wages weighed on profits. While Walmart's revenue was up 3 percent in Q1, …

Isheka N. Harrison (2022-05-18). Are Toxic, Hyper-Trauma Social Media Keeping You Distracted, Depressed And Sick? moguldom.com Heavy social media use has been linked to depression, anxiety, illness and lack of focus, according to several studies. Users who took a one-week break from social media experienced reduced depression and anxiety, according to a study published on May 6, Bloomberg reported. Researchers at the University of Bath followed 154 people age 18 to …




Doreen Chowdhury (2022-05-18). The Return of Global Inflation: A Threat to Our Interdependent World? moderndiplomacy.eu Soaring commodity price has become a major problem in many countries. When poor people are readjusting their monthly budget to address this price hike, shortage are taking place quite often. Even in Bangladesh, the lines for TCB trucks (subsidized government selling points) are getting bigger and bigger every day. The problem became more severe in …

Newsroom (2022-05-18). How Liquidation Auctions Give Small Businesses a Chance to Compete in Retail. moderndiplomacy.eu Liquidation auctions are a goldmine for small businesses. Many of the small businesses struggle with capital and filling up their stock. Running a small business is not the easiest thing to do in the current market situation. Liquidation auctions are a great marketplace for small businesses where they can register massive profits when it comes …



Newsroom (2022-05-18). Southeast Asian nations need to accelerate their clean energy transitions. moderndiplomacy.eu Southeast Asia's reliance on fossil fuels to meet rising demand for energy is proving to be a significant vulnerability in today's energy crisis. Meeting energy security and emissions goals will require countries in the region to make major efforts to improve energy efficiency, accelerate renewable power generation and switch to low emissions fuels, according to …

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