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Lawmakers Urge U.S. Action To Halt China's Organ Trade

May 9, 2024 / 0 Comments

Authored by Susan Crabtree via RealClearPolitics, A group of leading China critics in Congress is urging the State Department to step up its efforts to curb Beijing’s gruesome $1 billion forced organ harvesting trade, which targets ethnic and religious minorities, including Uyghurs, Tibetans,...

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The Missing Piece Of The Puzzle: Behind The Inexplicable "Strength" Of US Consumers Is $700 Billion In "Phanton Debt"

May 9, 2024 / 0 Comments

Yesterday we discussed the latest consumer credit data, which revealed that the amount of credit card debt across the US has hit a new record high of $1.337 trillion (even though it appears to have finally hit a brick wall, barely rising in April by the smallest amount since the covid crash),...

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Argentina To Mine Bitcoin With Stranded Gas

May 9, 2024 / 0 Comments

Authored by Vivek Sun via BitcoinMagazine.com, Argentina's energy sector is increasingly turning to Bitcoin, this time with a state-owned facility using stranded natural gas from oil fields that would otherwise be wasted. JUST IN: 🇦🇷 Argentina state-owned company’s subsidiary will mine...

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"Is Consumer Travel Spending Easing?" - BofA Identifies New Trend As Travel Companies Miss Earnings 

May 9, 2024 / 0 Comments

One theme we've spotted this earnings season has been an increasing number of companies warning about low-income consumers.  From McDonald's to Starbucks to Tyson Foods, executives on earnings calls have warned about mounting headwinds hitting the working poor.  Last Tuesday, Starbucks CEO...

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