First Republic Bank Going Down in Flames Hints at Further Trouble
Sputnik - Apr 27th 2023 3:18pm EDTFirst Republic Bank faced a brutal sell-off earlier this week, with its stock price having gone down by more than 93% since the beginning of this year. As options to save the bank dwindle, banking crisis fears are soaring.
US Closer Than Ever to Debt Debt Ceiling Crisis Thanks to Partisan Infighting
Sputnik - Apr 27th 2023 3:03pm EDTRepublicans and Democrats are once again trying to score political points against each other in the perennial fight over the federal budget. David Tawil, co-founder of ProChain Capital, warned that this time it could really go over the cliff edge.
From Caribbean to Siberia: Fidel Castro’s First Visit to USSR
Sputnik - Apr 27th 2023 2:35pm EDTThe visit of the Cuban leader to the Soviet Union started on April 27, 1963, at a time when the world was divided into two major blocs. Castro’s visit was seen as a challenge to the United States, which had been trying to isolate the island nation.
‘Toxicity’ of US Dollar Fuels Growing Sway of China’s Yuan in Mercosur Trade
Sputnik - Apr 27th 2023 1:23pm EDTArgentina’s shift to the yuan instead of the US dollar in trade with China after Brazil also effected such a swap is part of a trend fueled by trust in the Chinese currency and a desire to step away from the volatility that the US dollar is infused with, the director of China’s Institute for […]
Iran Can Now Track Unique Radar Signature of Individual F-35 Jets
Sputnik - Apr 27th 2023 12:56pm EDTBurdened by decades of Western restrictions on arms imports in the wake of the 1979 Revolution, the Islamic Republic has created a powerful homegrown defense sector, ranging from radar and missile systems to satellites and defense electronics.
Striving for Akkuyu: Browse Through Turkiye’s Quest for Nuclear Energy
Sputnik - Apr 27th 2023 12:17pm EDTThe Akkuyu nuclear power plant is a massive project that has been in the works for years. Located in the Mediterranean region of Turkiye, this facility is expected to provide a significant amount of energy to the country once it is up and running.
Fed Deliberately Throttling US Economic Growth, Jerome Powell Tells Pranksters
Sputnik - Apr 27th 2023 12:05pm EDTThe Federal Reserve has embarked on a series of interest rate hikes designed to cool inflation. These efforts have met with mixed success, nearly sparking a massive banking collapse last month. Does Fed officials’ public rhetoric match their private sentiments? A pair of Russian pranksters decided to find out.
Biden’s Big Business Backers Want to ‘Finish Job’ of Slashing Living Standards
Sputnik - Apr 27th 2023 12:02pm EDTJoe Biden’s bid for a second term as president was in doubt until his announcement this week, with pundits speculating he would be moved aside in favour of a more energetic candidate. Angie Wong, president of the conservative Legacy PAC , argued that another Biden administration would ‘finish the job’ of the first — but […]
Dems Going to ‘Cheat’ to Keep Biden in White House in 2024
Sputnik - Apr 27th 2023 11:29am EDTIt’s unbelievable that the Democratic Party decided to back Joe Biden’s re-election given his low poll numbers, Daniel McAdams, executive director of the Ron Paul Institute for Peace and Prosperity, told Sputnik. The party doesn’t seem to have any other real candidate except for Robert F. Kennedy Jr., whom top Democrats are trying to “disappear.”
Putin Calls Akkuyu NPP Key Russia-Turkiye Project
Sputnik - Apr 27th 2023 11:12am EDTMOSCOW (Sputnik) – Russian President Vladimir Putin said on Thursday that Turkiye’s Akkuyu Nuclear Power Plant (NPP) project is a key project which allows for the development of economic and neighborly ties between the countries.