Poverty levels in Argentina hit a multiple-year high in January following the drastic economic reforms carried out by newly installed President Javier Milei, the Social Debt Observatory of the Catholic University of Argentina (UCA) said in its latest report released this past weekend. According to the data, the share of people in poverty in the country surged to 57.4% last month, the highest since... 

By sheer cowinkydink, another ransomware attack has taken down operations of another major American industry. This time, the target is America’s largest meat processer, JBS. White House Deputy Press Secretary Karine Jean-Pierre on Tuesday said that the hacker group behind the attack is “likely based in Russia.” Wednesday morning, in another of a series of whodathunk moments, the FBI issued a... 

Australia’s billionaires enjoy a pay bump of 52.4% thanks to demand from crippled overseas economies for the nation’s natural resources, but the spoils go to the chosen few, widening the gulf between the ‘gots’ and ‘not gots’. Rich lists are a funny thing – they never really give you a warm, fuzzy feeling. Quite the opposite in fact. While those who compile them are motivated by an inquisitive... 

The wealth of the top 1% has soared during lockdown, but the booming fortunes of tech billionaires like Facebook boss Mark Zuckerberg and Amazon’s Jeff Bezos reveal deep faultlines in society. The coronavirus pandemic has directly cost some 500,000 lives. But the damage it has wreaked on the world economy will cost many more. In America, the unemployment rate in April was 14.7%, up from just... 

As winter tightens its grip, a disturbing report from the End Fuel Poverty Coalition reveals that nearly 5,000 people lost their lives in the UK last winter due to residing in cold and damp homes, exacerbated by the inability to afford soaring energy costs. The coalition, which comprises organizations such as Greenpeace, WWF, Green Alliance, Save the Children, and Age UK, among others, emphasizes... 

Illegals who crossed the border and were bused to Chicago are instead turning back and regretting their decision, as the situation in the Windy City is no longer conducive for them. “Since August last year, 20,700 migrants have arrived in Chicago from Texas,” the Daily Mail stated. “[Texas] Gov. Greg Abbott sent migrants to Chicago and other Democrat-run cities because of their proud... 

Pope Francis challenged French President Emmanuel Macron and other European leaders to open their ports to people fleeing hardship and poverty, insisting Saturday that the continent isn’t facing a migration “emergency” but rather a long-term reality that governments must deal with humanely. For a second straight day in the French port city of Marseille, Francis took aim at European countries... 

In retrospect, it’s surprising that it took so long. With Case-Shiller reporting that the nation’s worst-by-far (not to mention feces-covered) real-estate market is that of San Francisco, where prices have seen annual declines for the past 8 months, half of which have seen double-digit drops… …overnight RedFin reports more bad news for those unlucky enough to be living in the socialist... 

2022 was a terrible year for billionaires, many of which lost nearly $2 trillion combined. Despite stock, crypto, and bond market turmoil, as well as soaring interest rates, elevated inflation, and increased risk of economic uncertainty, the ultra-wealthy were increasingly purchasing luxury vehicles. Rolls-Royce Motor Cars published a press release stating it recorded its “highest-ever annual... 

Pope Francis has threatened humanity with a harrowing vision of the future, saying he has had a vision which contained omens of an even darker future for humanity. At a Mass at the Vatican on Sunday, the Pope said that he has a dire vision for the world with ‘omens of even greater destruction and desolation’. The Mass was commemorating the feast of Our Lady Guadalupe, which fell on Monday. But... 

Canadian authorities have given the green-light for a 32-year-old woman to be sent to heir death due to her extremely low income. The decision to kill the low-income woman is part of a new project by the Canadian government to solve inflation, homelessness, skyrocketing crime, and food shortages by euthanising the poor. Denise, whose real name has been omitted to protect her identity, suffers from... 

Rockefeller Foundation President Rajiv Shah told Bloomberg Television’s David Westin a “massive, immediate food crisis” is on the horizon. Shah provides what could be a timeline for the next global food crisis that could begin “in the next six months.” He said global fertilizer supply disruptions caused by the Russian invasion of Ukraine would have an “even worse”... 

The inflation rate in the South American country of Argentina is exceeding forecasts, creating worries for many. According to the latest government data, Argentina’s monthly inflation rate officially rose to 6.7 percent in March, the highest level in two decades. Both food and gasoline are affected by the increase, which is outpacing some people’s salaries and savings. The INDEC statistics agency... 

Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing away all expectations), giving locals a distinctly unpleasant deja vu feeling even before the Russian invasion of Ukraine broke what few supply chains remained and sent prices even higher into the stratosphere… … on Monday, Germany will take one step... 

Lack of agricultural raw materials and supplies, energy shortages and housing shortages. A whole generation of “entitled” Westerners will learn what it means to live in poor conditions where there is a lack of most things, warns the world’s largest fund manager Blackrock. Chairman Rob Kapito says that dramatic inflation will be so high that major effects are to be expected in the...