Society's ChildS


Piggy Bank

Tough times ahead for US consumers - strategist

downtown
© LeoPatrizi/Getty ImagesDowntown pedestrians
Decreasing spending power is signaling trouble for the economy, according to Chris Watling...

American consumers are facing challenging times, with household spending expected to cool further, Chris Watling, the chief executive of the financial advisory firm Longview Economics, has warned.

In an interview with CNBC this week, the strategist cited the latest economic indicators showing consumers have been quickly running out of excess cash while household savings have been under growing pressure.

Watling said:
"I think the US consumer is walking towards a cliff, basically. Of course, retail sales have been quite strong for the last few months, and everyone gets quite excited about that, but, actually, if you look at what's going on, the household savings ratio has been run down, and, in fact, real income growth has been negative for three months."
Watling pointed out that the consumer and the labor market are under a lot of pressure at the margins:
"We had a good payrolls month, but if you look at a lot of the indicators of where the labor market is likely to go, a lot of them are fraying at the edges."
The strategist added that a substantial labor market downturn could invoke a recession in the country. He cautioned:
"We're going to get to the point in the next few months. I think the US is in for a tough time."

Comment: Gazans are looting warehouses. Will the US become as desperate?
The UN's Palestinian refugee agency has reported mass looting of aid warehouses in Gaza, saying thousands of people have broken into distribution centers to take flour and other "basic survival items" as the ongoing Israel-Hamas war makes their situation increasingly desperate.

UNRWA Affairs director Thomas White said on Sunday in a statement:
"This is a worrying sign that civil order is starting to break down after three weeks of war and a tight siege on Gaza. People are scared, frustrated and desperate. Several warehouses, including a facility in Deir al-Balah that stores aid brought in by humanitarian convoys from Egypt, were looted on Saturday. Tensions and fear are made worse by the cuts in the phones and internet communications lines. They feel that they are on their own, cut off from their families inside Gaza and the rest of the world."
Just over 80 trucks have crossed into the strip from Egypt since humanitarian aid began trickling in a week ago. No trucks could be brought in on Saturday because the loss of telecommunications services blocked the UNRWA from coordinating the aid convoy's passage. Phone and internet services were restored as of Sunday morning, the agency said.

White said:
"Supplies on the market are running out while the humanitarian aid coming into the Gaza Strip on trucks from Egypt is insufficient. The needs of the communities are immense, if only for basic survival, while the aid we receive is meager and inconsistent. We call for a regular and steady flow line of humanitarian supplies into the Gaza Strip to respond to the needs, especially as tensions and frustrations grow."
The UNRWA added that the current system for receiving aid trucks is "geared to fail." White claimed that there are too few trucks, the inspection process is taking too long, and the supplies coming in don't match the needs of aid organizations.



Pills

'Pharmageddon' is coming: Thousands of pharmacists plot next walkout over work conditions

cvs pharmacy
© Jeffrey Greenberg/Education Images/Universal Images Group via / Getty ImagesA customer at a CVS pharmacy counter.
Workers from some of the nation's biggest pharmacy chains, from CVS to Walgreens, have planned another "walkout" starting Monday as they continue to plead for better working conditions.

They're calling it "pharmageddon," Shane Jerominski, a licensed pharmacist for over a decade who is helping coordinate the latest protest, told FOX Business.

From Monday through Wednesday workers at Walgreens, CVS and Rite Aid have pledged to call in sick, according to Jerominski. It comes on the heels of a protest earlier this month when Walgreens employees at 200 of its nearly 9,000 locations called out sick. Shortly before that, CVS employees in at least a dozen Kansas stores didn't show up to work in a separate walkout.

Pistol

Florida shooting leaves at least 2 dead, 18 injured during Halloween celebrations

shooting florida
© Gabriele RegalbutoThe shooting happened on a street near bars and clubs Tampas Ybor City neighborhood where revelers were celebrating Halloween.
A shooting in Tampa, Florida, killed at least two people and injured 18 more after a fight broke out between two groups on a street crowded with hundreds of people during Halloween celebrations early Sunday, authorities said.

The shooting happened just before 3 a.m. near a strip of bars and clubs in the 1600 block of East 7th Avenue in the Ybor City neighborhood, Tampa Police Chief Lee Bercaw told reporters at the scene.

"It was a disturbance or a fight between two groups," Bercaw said. "And in this fight between two groups, we had hundreds of innocent people involved that were in the way."

Comment: Footage from the shooting can be seen below, some of the scenes are graphic:








Brick Wall

US trying to block Chinese access to African resources - FT

cobalt mine
© Getty Images / mabus13
The planned sale of mining group Chemaf Resources, which operates copper and cobalt mines in the Democratic Republic of the Congo (DRC), is set to intensify the battle between the US and China for African resources, the Financial Times reported on Thursday.

According to the outlet, the struggling Dubai-based group has hired an adviser to assist in the sale of the company and its strategic mines in the DRC, and is targeting a valuation of about $1 billion.

Backed by commodity trader Trafigura Group, Chemaf Resources has put itself up for sale after a slump in cobalt prices left it struggling to finish key projects.

The sale process was launched in September and has sparked interest from Chinese investors, while the US government is also trying to broker proposals by Western or Middle Eastern bidders to prevent the assets falling into Chinese hands, the FT wrote, citing people familiar with the matter.

Bell

EU may become complicit in 'genocide' - Spanish official

spanish social rights minister
© Gustavo Valiente / Europa Press via Getty ImagesFILE PHOTO: Spanish Social Rights Minister Ione Belarra.
Spanish Social Rights Minister Ione Belarra has urged European leaders to take immediate action against Israel, including severing diplomatic ties and imposing economic sanctions, amid the intensified bombing and expanded ground operations against Hamas militants in the besieged Palestinian enclave.

She also called for Israeli Prime Minister Benjamin Netanyahu to be prosecuted for the alleged war crimes committed against civilians in Gaza.

"After this hellish night in Gaza, I have a very simple but very important message for European leaders. Do not make us complicit in genocide. Act. Not in our name," Belarra said in a passionate video message on X (formerly Twitter) on Saturday.

Comment: See also: NewsReal: Israel and US Implementing 'Final Solutions' to End Palestine and Multipolar World


Colosseum

Middle East situation could push oil prices up to 70% higher - World Bank

oil pump california
FILE PHOTO
The World Bank has warned that the current war in Palestine could push worldwide oil prices.

The World Bank warned on Monday that an escalation of the current war in Gaza may boost global oil prices as high as $157 per barrel in extensive interruption.

In its Commodity Markets Outlook, the World Bank warned that "In a 'large disruption' scenario — comparable to the Arab oil embargo in 1973 — the global oil supply would shrink by 6 million to 8 million barrels per day. That would drive prices up by 56% to 75% initially — to between $140 and $157 a barrel."

Global oil prices could rise to between $93 and $102 per barrel in a "small disruption" scenario and between $109 and $121 in a "medium disruption" scenario.

Comment: It's likely that the dire, economic situation, that threatens to dethrone the US hegemon, once and for all, is part of the reason that Israel felt compelled to initiate its armageddon efforts. However, the current chaos creation likely also fulfills a number of other elements of the deep states agenda, such as their depopulation program: Iran-Russia set a western trap in Palestine

Also check out SOTT radio's: NewsReal: Israel and US Implementing 'Final Solutions' to End Palestine and Multipolar World




Info

I fought for the IDF in Gaza. It made me fight for peace

Beit Hanoun, Gaza
© Ali Hassan/Anadolu Agency, via Getty ImagesBeit Hanoun, Gaza, after Israeli bombardment on July 26, 2014.
When my Israeli infantry unit arrived at the first village in Gaza, in July 2014, we cleared houses by sending grenades through windows, blowing doors open and firing bullets into rooms to avoid ambush and booby traps. We were told Palestinian civilians had fled.

I realized this wasn't true as I stood over the corpse of an elderly Palestinian woman whose face had been mutilated by shrapnel. She had been lying on the sand floor of a shack, in a pool of blood.

That was my experience the last time Israeli troops entered the Gaza Strip in a large-scale way, when my special forces unit, attached to the 993rd Nahal Brigade, was one of the first to go in.

Attention

Staggering 22,187 Chinese nationals arrested attempting to cross US southern border

chinese nationals border patrol
A massive 22,187 Chinese nationals were arrested crossing the U.S. southern border between January and the end of September, representing an almost thirteen-fold increase on the same period last year. The number of Chinese crossings appears to be accelerating, with arrests in September up by 70 percent compared to August, for a total of over 4,000.

Many of the Chinese illegals, who are overwhelmingly lone adults, begin their journey in Ecuador, which allows visa-free travel for Chinese nationals. From there, they join migrants of many other nationalities for the long march north through the Darien Gap, a roadless land route from South America to North America, covered in thick rainforest.

While fewer than 400 Chinese nationals are recorded as having made the arduous trek in over a decade from 2010 to 2021, the figure rose to 2,005 in 2022. So far in 2023, officials in Panama say they have registered 15,567 Chinese slogging through the Gap.

Comment: See also:


Newspaper

US al-Shadadi base in Syria successfully targeted by Iraqi Resistance

Syria US America military
© APUS occupation soldiers sit in an army vehicle in al0Hasakah, Syria, Tuesday, Feb. 8, 2022
The Islamic Resistance in Iraq has targeted, again, the US occupation base located in eastern Syria's al-Shadadi, in the al-Hasakah countryside.

The Islamic Resistance in Iraq announced on Sunday morning, that it successfully targeted the al-Shadadi US occupation base in al-Hasakah countryside, eastern Syria.

At midnight between 28 and 29 October, Al Mayadeen's sources confirmed that the US occupation base in al-Omar oil field east of Deir Ezzor in Syria came under attack, leading to explosions inside the base. The sources added that the sounds of explosions were heard in surrounding areas. It is worth noting that the base has been the target of several attacks recently.

On Friday, Al Mayadeen's correspondent reported that a strike targeted the base itself.

Comment: The US' failed war in Ukraine, in addition to Israel's escalation of its ethnic cleansing in Gaza, alongside Israel's recent attacks on Lebanon, and Syria, will likely result in more attacks on its occupation bases throughout the Middle East. However, it's worth remembering that chaos creation in the region is actually the goal of the US-Israel: Also check out SOTT radio's: NewsReal: Israel and US Implementing 'Final Solutions' to End Palestine and Multipolar World




Bizarro Earth

Protesters storm Russia's Dagestan airport in search of Israelis, 'external enemies' blamed for stoking mob

Dagestan airport
© AFP PHOTO / TELEGRAM CHANNEL @ASKRASULThis frame grab taken from video footage posted on the Telegram channel @askrasul on October 29, 2023 shows protestors on the apron area of an airport in Makhachkala. A mob looking for Israelis and Jews overran an airport in Russia's Caucasus republic of Dagestan on October 29, after rumours spread that a flight was arriving from Israel. )
A mob looking for Israelis and Jews overran an airport in Russia's Caucasus republic of Dagestan on Sunday, after rumours spread that a flight was arriving from Israel.

The violence in the region, which erupted amid the war between Israel and Hamas in Gaza, prompted Israel to call on Russia to protect its citizens.

Dozens of protesters broke through doors and barriers with some running onto the runway, according to videos posted on social media, and Russia's RT and Izvestia media.

AFP could not immediately verify the videos.

Comment: Footage of the incident can be seen in the Tweets below.

The Moscow Times reports that 60 have been arrested for their involvement in the mobbing:
At least 60 people were arrested after an anti-Israeli mob stormed an airport in Russia's North Caucasus republic of Dagestan on Sunday night, Russia's Interior Ministry has said.

"More than 150 active participants of the riots have been identified, 60 of them have been detained and taken in for further investigation," law enforcement authorities said in a statement released early Monday.

The night before, hundreds of people gathered outside the Makhachkala International Airport in the majority-Muslim republic of Dagestan, throwing objects at police officers and running onto the tarmac in search of Israelis and Jews rumored to be on an arriving flight from Tel Aviv.

Nine police officers were injured during the clashes, two of whom have been hospitalized, according to the Interior Ministry.

Dagestan's Health Ministry said more than 20 people were injured, including civilians, two of whom were in critical condition.

Around 1,200 people were estimated to have taken part in Sunday night's storming of the airport, Russia's RBC news website reported, citing two anonymous Interior Ministry sources in Dagestan.

According to the two sources, police and other law enforcement agents managed to clear the airport of rioters by 1:45 a.m. Moscow time on Monday, around seven hours after the unrest broke out.

Russia's civil aviation agency said it planned to reopen Makhachkala International Airport for arriving flights by Tuesday "after a thorough inspection of the terminal, airfield and adjacent territory." It had initially planned to close down the airport until Nov. 6.

Dagestan's Governor Sergei Melikov on Monday blamed "external enemies of our country" for stoking the unrest, claiming that a Telegram channel run from inside Ukraine had spread rumors about "Israeli refugees" arriving in Dagestan.

"I'm ashamed today," he said in a briefing with reporters, telling those involved in the unrest on Sunday to "wash away their disgrace" by going to fight in Russia's war against Ukraine.

The Telegram channel, which Melikov identified by the name Utro Dagestan, denied his claims.

Russia's Investigative Committee, which probes major crimes, said its chairman Alexander Bastrykin had ordered his local subordinates to closely monitor their probe into the "organization of mass unrest," a charge that carries a maximum sentence of 15 years in prison.

Kremlin spokesman Dmitry Peskov said Monday that President Vladimir Putin would convene a meeting with top officials later in the day to discuss the events in Dagestan, which he described as having been sparked by "attempts from the outside to divide Russian society."

State-run media outlets have largely ignored Sunday night's storming of the airport, with the independent news outlet Agentstvo reporting that only one of Russia's three major broadcasters ran a small story on the event as of Monday morning.

Regions across the North Caucasus, but especially Dagestan, have witnessed a series of anti-Israeli demonstrations in the weeks since Israel launched a relentless bombardment of the Gaza Strip in response to Hamas fighters' bloody attack inside Israel on Oct. 7.








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