Month: July 2022

How This Year’s ‘Crypto Winter’ Will Be Different

Commentary “This time is different” is a dangerous phrase in the world of finance. But for the cryptocurrency market, this time may actually be different. We are in the midst of a “crypto winter,” a term describing a period of very low prices for the nascent digital currencies market. This crypto winter has been especially…


Russia, Ukraine Reach Deal on Grain Exports, Turkey, UN Say

Officials from Russia, Ukraine, Turkey, and the United Nations have agreed to a deal to resume exports of Ukrainian grain through the Black Sea, according to Turkish and U.N. officials. A general agreement that was reached during talks in Istanbul last week will be put into writing, and signed by all parties on July 22…


Russia, Ukraine Reach Deal on Grain Exports, Turkey Says

Officials from Russia, Ukraine, Turkey, and the United Nations (U.N.) have agreed to a deal to resume exports of Ukrainian grain through the Black Sea from July 22, according to officials from Turkey and the U.N. A July 21 statement from Turkish President Recep Tayyip Erdogan’s office said that a general agreement had been reached during…


Closing Prices for Crude Oil, Gold and Other Commodities (July 21)

Benchmark U.S. crude oil for September delivery fell $3.53 to $96.35 a barrel Thursday. Brent crude for September delivery fell $3.06 to $103.86 a barrel. Wholesale gasoline for August delivery fell 13 cents to $3.15 a gallon. August heating oil fell 1 cent to $3.59 a gallon. August natural gas fell 7 cents to $7.93…


Democrats Should Stop Buying China’s DJI Drones With American Taxpayer Money

Commentary China’s DJI is selling drones to U.S. government agencies, including the FBI and DHS, and paying lobbyists in Washington to keep the flow going. The lobbyists are allegedly obstructing bills in Congress that would ban the practice. Instead of supporting American jobs and protecting American privacy, Democrats in the House of Representatives just stripped…


South Korea Given Deadline to Join US-Led Chip Alliance Amid Mounting Pressure from Beijing

South Korea once again faces a significant strategic dilemma amid growing calls to participate in the U.S.-led chip alliance designed to decouple countries from China. The semiconductor powerhouse was asked to make a decision by the end of August. The United States has reportedly asked South Korea to inform it whether it will join the…


Neocons Have Run American Foreign Policy for the Past 40 Years, With Catastrophic Consequences | Truth Over News

A leaked audio tape revealed Victoria Nuland planning the overthrow of the democratically elected government of Ukraine in February 2014. Shortly after, the president of Ukraine was removed and replaced by Nuland’s puppet. And it was all done with the help of the neoconservative movement and the support of then-Vice President Joe Biden. The U.S.-led…


Op-Ed Argues That Biden Should Keep Gas Prices High to Fight Climate Change

A new opinion editorial argues that President Joe Biden should strive to keep gas prices at their current levels as a measure to reduce carbon dioxide emissions by disincentivizing the use of gasoline-powered private transportation. In the op-ed, “The Earth Wants Biden to Keep Gas Prices High,” originally published on Bloomberg, economics journalist Eduardo Porter argues…


Why Public Schools Are ‘Hemorrhaging’ Students in Major Cities—and Where the Students Are Going

Commentary The new academic year hasn’t even begun and public school enrollment is already not looking good in some parts of the country. Seattle Public School fall enrollment is projected to be down to its lowest rate in a decade, declining even further from last year’s significant drop. Similarly, the New York City public schools…


SoCal Home Sales Drop to Lowest Level Since Great Recession

Home sales in California continued to fall in June and reached to the lowest level since 2008 amid hiking interest rates, according to data released by the California Association of Realtors (CAR) on July 18. Southern California home sales went down by 27.1 percent in the last year, with all six counties dropping more than 20…