Global News

The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead

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– The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead:

Policymakers appear to be hoping that a short sharp monetary shock… will be sufficient to anchor inflationary expectations without triggering recession…

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Australia… Just when you thought Covid was over… new legislation introduced in WA allows “officers” to break into your home without a warrant, force people into a quarantine facilities, and force vaccinate against their will…

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Kwarteng Greenlighted BOE £100 Billion Of Bond-Buying To Quell Market Mayhem

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– Kwarteng Greenlighted BOE £100 Billion Of Bond-Buying To Quell Market Mayhem:

Last week, the Bank of England intervened to prevent a gilt market crash by pledging to purchase long-dated bonds after the fallout from Prime Minister Liz Truss’s proposed tax cuts. As collateral calls mounted, forcing pension funds to scramble for cash from investment managers to meet margin calls, Bloomberg revealed that the central bank’s bond-buying program is much larger than previously announced.

Bloomberg reported Finance Minister Kwasi Kwarteng signed off on a £100 billion ($113 billion) bond-buying program for the BoE to soothe strains in the gilt market which has so far halted a sell-off that threatened to spiral out of control, sparking a liquidity crisis among pensions funds. Initially, the BoE pledged £65 billion ($69 billion) to buy long-dated gilts.

Kwarteng approved the purchase of long-dated gilts up to £100 billion, according to a letter from Kwarteng to Mel Stride, a member of Parliament who leads the Treasury Committee.

“The Bank has requested an extension to the maximum size of the APF by £100 billion to £966 billion,” the Chancellor wrote in a letter dated published on Friday. “There was a special urgency to incur this liability.”

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46 Trillion Dollars In Financial Wealth Has Already Been Lost During The Great Global Market Crash Of 2022

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– 46 Trillion Dollars In Financial Wealth Has Already Been Lost During The Great Global Market Crash Of 2022:

In less than one year, 46 trillion dollars in financial wealth has been wiped out.  If that isn’t a “crash”, how would you define one?  Since last November, stocks and bonds have been plunging all over the globe.  When there is a good day like we saw on Monday, sometimes that can fool us into thinking that everything is going to be okay.  But in order to understand what is really going on we need to step back and look at the bigger picture.  And when we look at the bigger picture, it becomes exceedingly clear that we are in the midst of a historic worldwide market crash.  According to Bank of America, a whopping 46.1 trillion dollars in financial wealth has already been wiped out since last November…

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WEF Attendee Liz Truss Says British Economy “Needs A Reset” As Market Conditions Worsen

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– WEF Attendee Liz Truss Says British Economy “Needs A Reset” As Market Conditions Worsen

Any legitimate conservative leader or candidate would therefore know about globalist terminology such are the term “Reset” and try to avoid using it at all costs…

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South Korea Vow “Stern Response” After North Korea Ballistic Missile Flies 4,500km At A Speed Of Mach 17

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– South Korea Vow “Stern Response” After North Korea Ballistic Missile Flies 4,500km At A Speed Of Mach 17:

According to South Korea’s Joint Chiefs of Staff, North Korea’s intermediate-range ballistic missile flew ~4,500km with an apogee of ~970km, reaching a speed of Mach 17 before splashing in the Pacific ocean, some 2800 nautical miles east of Korea, having traveled above Japan. The JSC added that South Korea and US intelligence authorities are still analyzing more details.

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High School Girl’s Volleyball Team Banned From Own Locker Room After Complaining About Trans Athlete

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– High School Girl’s Volleyball Team Banned From Own Locker Room After Complaining About Trans Athlete:

Conflict among the girl’s volleyball team at Randolph High School began after a trans team member was allowed into the girl’s locker room, where students say he began to make comments that caused the females discomfort.

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