Economic slowdown ahead—government layoffs and cuts drag growth into 2025. Commerce Secretary Lutnick forecasts strong recovery by late 2025

4/ Trump even stated he wouldn’t rule out a recession in 2025 That added fuel to the sell-off as investors reassess US economic growth Especially under a president who is less focused on short-term economic prosperity pic.twitter.com/M3lDTxZm1Y — Bravos Research (@bravosresearch) March 22, 2025 6/ Google Trends data shows searches for "recession" have spiked to …

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EU targets 15 MEPs for money laundering, arrests made amid corruption scandal.

Another corruption scandal in the European Parliament—just another day in politics. Will this be another #Qatargate (a socialist job by the @TheProgressives!!), brushed aside to protect the elites, or will someone finally be held accountable?#Huaweihttps://t.co/n1uAjjows0 pic.twitter.com/XxVSoI5pTS — Rob Roos 🇳🇱 (@Rob_Roos) March 13, 2025 The European Parliament has, once again, found itself at the heart …

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Canada’s New Liberal Leader, Mark Carney, Calls a Snap Election on April 28

by Mike Shedlock Due to actions by Trump, Conservatives are no longer runaway favorites. Canada election polls from Wikipedia Snap Election April 28 The Wall Street Journal reports Canada’s Mark Carney Calls a Snap Election Canada’s Prime Minister Mark Carney called a snap election on Sunday, sending Canadians to the polls for a vote on April …

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Big Banks, Government Fraud & SBA Scandal with Lloyd Chapman

from Kerry Lutz’s Financial Survival Network The discussion focused on the challenges facing small businesses in the U.S. and the role of the Small Business Administration (SBA) in supporting them. Kerry Lutz and Lloyd Chapman highlighted the SBA’s historically low budget of approximately $800 million, which they argue is insufficient given that small businesses account for 99.9% of …

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Recession looms—GDPNow sees -1.8% drop, S&P 500 risks 30% decline.

TLDR: GDPNow estimates a -1.8% annualized GDP decline for Q1 2025, signaling contraction. Two straight quarters of GDP decline typically indicate a recession. Policy uncertainty, including tariffs and mass-firings, threatens further economic damage. Federal worker layoffs could devastate local economies, real estate, and key industries. Immigration policies may harm agriculture and tourism, worsening economic strain. …

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Minneapolis mayor breaks federal law.

Minneapolis Mayor Jacob Frey spoke at a town hall hosted by Ilhan Omar Thursday night, during which he said the city will continue to be a “safe haven” for undocumented immigrants and the transgender community.

Tension as DOGE cuts jobs in Trump country.

When staff at a tax office in Ogden, Utah, arrived at work a few weeks ago to find dozens of their colleagues had been dismissed by Elon Musk’s cost-cutting task force, they swiftly appealed to their Republican congressman. They hoped that Blake Moore, whose district office is in the same building as the Internal Revenue …

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Even heavy cooking can’t hide the impact of UK hyperinflation this time.

Preliminary results must have been so sky high that even the usual heavy cooking must have struggled to hide UK hyperinflation this time https://t.co/IFuE5UuAOo — JustDario 🏊‍♂️ (@DarioCpx) March 21, 2025 The U.K.’s Office for National Statistics said Friday it paused publication of its index of producer prices, a new disappointment for the data agency …

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China’s deep-sea cable cutter threatens 95% of global communications, operates at 4,000 meters.

The new deep-sea cable-cutting device can sever lines at depths of up to 4,000 meters and has been designed for China’s advanced crewed and uncrewed submersibles. In a move that could disrupt crucial undersea communication networks and energy infrastructure worldwide, a Chinese scientific body has unveiled a compact device that can cut cables and power …

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CDC, NIH and more health agencies brace for layoffs with DOGE and RFK Jr.’s restructuring. Here’s what we know.

Officials at agencies throughout the Department of Health and Human Services say they are bracing for steep layoffs, as Secretary Robert F. Kennedy Jr. and his aides are nearing their final decisions on a sweeping restructuring of the department. Decisions by Kennedy and his team on the changes to the department’s makeup and organization are …

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Global markets have turned highly unstable. The odds of panics, financial crashes, and crises are uncomfortably high.

via creditbubblebulletin: Somehow, it staged a remarkable comeback. “Transitory” was spoken five times during the post-meeting press conference, twice by Chair Powell: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory. And that can …

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