I know but one freedom and that is the freedom of the mind. – Antoine de Saint-Exupery
THE DAY AT A GLANCE:
The economy is proving to be consistently volatile amid inflation, sanctions, and rising interest rates. The latest comments by Federal Reserve Chairman Jerome Powell caused stocks to plummet yesterday.
In a speech for the National Association For Business Economics, Powell said,
We will take the necessary steps to ensure a return to price stability. In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so.
And if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well.
As reported by CNBC, “A basis point is equal to 0.01%. FOMC officials indicated that 25 basis point increases are likely at each of their remaining six meetings this year. However, markets are pricing in about a 50-50 chance the next hike, at the May meeting, could be 50 basis points.”
Powell's comments alone caused stocks to dip, which illustrates the potential impact of the Federal Reserve's upcoming decisions.
The recent economic activity has brought flashbacks to the economics of the 1970s.
As the US economy struggles amid uncertainty, other countries are distancing themselves from the dollar. New comments from the Institute for the Analysis of Global Security suggest central banks are beginning to question “putting all their eggs in one basket.” One in ten counties is under some form of US economic sanction. However, as sanctions and other economic punishments continue to be handed out like candy, the US dollar will continue to play less of a role in the global economy.
For instance, Saudi Arabia has already expressed interest in using the Chines yuan instead of the US dollar within oil deals. This decision, and those it inspires, will threaten US market dominance.
Meanwhile, Saudi Arabia recently warned it will not accept blame for international oil shortages after its facilities were targeted. Iran-backed Houthi rebels used drone and missile strikes to attack a liquified natural gas plant, water desalination plant, oil facility, and power station. The incident is predicted to cause more upheaval to the already stressed global oil market.
US relations with Saudi Arabia are also under threat as the Biden Administration seeks to revive the Iran Nuclear Deal. Similarly, relations with Russia are continuing to dwindle after President Biden called Putin a “war criminal.”
Russian correspondence to US officials suggests his comments put “Russian-American relations on the verge of rupture.”
Russia's grave warning comes despite White House Press Secretary Jen Psaki's lowly attempt to cover for Biden. She said the president was speaking from his heart, and the State Department is currently investigating whether or not Putin has indeed committed war crimes.
Biden has continued to express concern over Russia's future attacks against the US. On Monday, he said,
The more Putin's back is against the wall, the greater the severity of the tactics he may employ … one of the tools he's most likely to use in my view, in our view, is cyberattacks. The magnitude of Russia's cyber capacity is fairly consequential and it's coming.
ALN will continue reporting on the Russia-Ukraine War and its impacts as they unfold.
One Last Thing:
Biden's Supreme Court Nominee's confirmation hearings are ongoing and will continue throughout the week.
Ketanji Brown Jackson is currently under investigation by the Senate Judiciary Committee due to her previous legal decisions, including light sentencing for sex offenders in three cases regarding child pornography. She is also an extreme abortion advocate and has approved partial-birth abortions.
Last Laugh:
National Security Adviser Nancy McEldowney is the latest Kamala Harris staffer to leave her office. The VP has a history of quickly churning out staffers due to a reportedly chaotic environment.
Thank you for reading today's brief.
Liberty Rising Brief: Countries Distance Themselves From the US Dollar
Will Trump Dump JD Vance?
ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
Fox News’ Kilmeade Fires Back At Racism Allegations
Trump’s ‘Dying Wish’ Exposed – What He Wants If Assassinated
Kamala Harris ‘Owns’ All Of Biden’s Many National Security Failures
Does This Single Fact Signal Our Imminent Financial Collapse?
Sponsored
Help the American Conservative Union Hold Biden AccountableI know but one freedom and that is the freedom of the mind. – Antoine de Saint-Exupery
THE DAY AT A GLANCE:
The economy is proving to be consistently volatile amid inflation, sanctions, and rising interest rates. The latest comments by Federal Reserve Chairman Jerome Powell caused stocks to plummet yesterday.
In a speech for the National Association For Business Economics, Powell said,
As reported by CNBC, “A basis point is equal to 0.01%. FOMC officials indicated that 25 basis point increases are likely at each of their remaining six meetings this year. However, markets are pricing in about a 50-50 chance the next hike, at the May meeting, could be 50 basis points.”
Powell's comments alone caused stocks to dip, which illustrates the potential impact of the Federal Reserve's upcoming decisions.
The recent economic activity has brought flashbacks to the economics of the 1970s.
As the US economy struggles amid uncertainty, other countries are distancing themselves from the dollar. New comments from the Institute for the Analysis of Global Security suggest central banks are beginning to question “putting all their eggs in one basket.” One in ten counties is under some form of US economic sanction. However, as sanctions and other economic punishments continue to be handed out like candy, the US dollar will continue to play less of a role in the global economy.
For instance, Saudi Arabia has already expressed interest in using the Chines yuan instead of the US dollar within oil deals. This decision, and those it inspires, will threaten US market dominance.
Meanwhile, Saudi Arabia recently warned it will not accept blame for international oil shortages after its facilities were targeted. Iran-backed Houthi rebels used drone and missile strikes to attack a liquified natural gas plant, water desalination plant, oil facility, and power station. The incident is predicted to cause more upheaval to the already stressed global oil market.
US relations with Saudi Arabia are also under threat as the Biden Administration seeks to revive the Iran Nuclear Deal. Similarly, relations with Russia are continuing to dwindle after President Biden called Putin a “war criminal.”
Russian correspondence to US officials suggests his comments put “Russian-American relations on the verge of rupture.”
Russia's grave warning comes despite White House Press Secretary Jen Psaki's lowly attempt to cover for Biden. She said the president was speaking from his heart, and the State Department is currently investigating whether or not Putin has indeed committed war crimes.
Biden has continued to express concern over Russia's future attacks against the US. On Monday, he said,
ALN will continue reporting on the Russia-Ukraine War and its impacts as they unfold.
One Last Thing:
Biden's Supreme Court Nominee's confirmation hearings are ongoing and will continue throughout the week.
Ketanji Brown Jackson is currently under investigation by the Senate Judiciary Committee due to her previous legal decisions, including light sentencing for sex offenders in three cases regarding child pornography. She is also an extreme abortion advocate and has approved partial-birth abortions.
Last Laugh:
National Security Adviser Nancy McEldowney is the latest Kamala Harris staffer to leave her office. The VP has a history of quickly churning out staffers due to a reportedly chaotic environment.
Thank you for reading today's brief.
Sponsored
Help the American Conservative Union Hold Biden AccountableAntoinette Aho
Will Trump Dump JD Vance?
Search
follow us
subscribe
Trending Stories
Will Trump Dump JD Vance?
ANALYSIS – Is Trump regretting his VP pick? WillBacklash Grows As Harley-Davidson Infected With Woke Virus
ANALYSIS – Say it isn’t so! Even asProject 2025 Will Return Sanity To Our Woke Military
ANALYSIS – “I disagree with some of the thingsNew Impeachment Investigation Launched Into Allegations Hunter Biden Invoked Joe’s Name
Congressional investigators are looking into further allegations againstCommentary
Will Trump Dump JD Vance?
Kamala Harris ‘Owns’ All Of Biden’s Many National Security Failures
Does This Single Fact Signal Our Imminent Financial Collapse?
Smoke Shop Shooting: 71-Year-Old Stops Armed Burglar
Security
Trump’s ‘Dying Wish’ Exposed – What He Wants If Assassinated
Kamala Harris ‘Owns’ All Of Biden’s Many National Security Failures
US Support For Israel In Its War Must Be ‘Ironclad’
US Fighters Intercept Chinese And Russian Bombers Near Alaska
Foreign Affairs
Trump’s ‘Dying Wish’ Exposed – What He Wants If Assassinated
Attacks Disrupt Paris: Major Infrastructure Targeted Hours Before Olympic Games
US Fighters Intercept Chinese And Russian Bombers Near Alaska
Disruptions Linger After IT Update Crashes Computer Systems Worldwide
Business & economics
Does This Single Fact Signal Our Imminent Financial Collapse?
Elon’s ‘Final Straw’ To Cost California Millions
Meet The Man Who Tracks Pelosi’s Investments – Guess His Earnings Last Month?
Congress Investigating Whether Woke Activists Broke Federal Tax Law With ESG Investment Schemes
heath & science
Old School Sold For Next To Nothing To Planned Parenthood
Elon Musk On Estranged Child: ‘Killed By The Woke Mind Virus’
Congressman Claims Biden Didn’t Recognize Him Despite Their Friendship
Congresswoman Sheila Jackson Lee Succumbs To Pancreatic Cancer
American Liberty Arms
Trump Shooter Put in Range Time Weeks Before Assassination Attempt
Armed Georgia Man And A Labradoodle Capture Inmate
More Anti-Gun Groups Fabricating Mass Shooting Data
The Truck Gun For Active Killer Interdiction: Realistic?
At American Liberty News, we eschew the mainstream media’s tightly controlled narrative to provide our readers with real news, real insights, and the means to take action. We seek out insightful coverage – and partner with knowledgeable and experienced people and organizations to bring you the information and insight our readers demand.
We humbly seek to provide the tools and information necessary for our readers to decide for themselves what is true and what is right.
TOP TAGS
TOP CATEGORIES
FEATURES
American Liberty News ©2022
Evolution Digital Media | 1900 Reston Metro Plz | Suite 600 | Reston, VA 20190