Author: Press Room

International Man: A recent BHG Financial survey found that 62% of Americans earning over $300,000 a year still struggle with credit card debt.What’s your take on this?Doug Casey: BHG is basically a Shylock for the upper middle class. They loan mainly to doctors and successful small businessmen, typically at around 12%. They’re in a position to know when their demographic is in trouble. But why are they in trouble? I suspect it’s because middle-class borrowers have assumed lower-class time preferences. In other words, instead of saving for something you want— a house, a car, or whatever—people want it now and are willing…

James Cameron’s Avatar: Fire and Ash underperformed in Thursday night previews. And this is an underperformance of its expected underperformance — at least compared to its two predecessors. The Disney sycophants at Deadline do their best to spin this underperformance, but as you will see, their logic makes little sense. Fire and Ash grossed just $12 million on its opening day preview. This is a lot less than the $17 million Avatar: Way of the Water grossed on its first Thursday night in 2022. “Keep in mind that we’re closer to Christmas, hence audiences are bound to come out for…

Three people were arrested after protesters attempted to break into a prison where banned terror organisation Palestine Action is holding a hunger strike, as lawyers representing the strikers claim they are on the verge of death. Lawyers representing the Palestine Action hunger strikers have warned the group of five people on a rolling hunger strike over a series of demands including that they be released from prison said they are “reaching a critical stage and nearing the point of no return”. As of Friday two of the group are on day 48 without food and a third is on day…

Wednesday on CNN’s “News Central,” Rep. Jason Crow (D-CO) said it would be “complete insanity” for the Trump administration to begin a land war in Venezuela. Host Brianna Keilar asked, “Does the objective here appear to be stopping drugs, or does it appear to be regime change to you?” Crow said, “It appears to be the latter, right? This is not a drug operation and this is exactly why Congress needs to get involved now and recapture its power. This is a slippery slope. This does not end well. This  escalation, the continued escalation against Venezuela is exactly how wars…

The funds reportedly play a key role in President Donald Trump’s Ukraine peace plan The EU’s insistence on seizing Russian central bank assets stands in the way of US President Donald Trump’s attempts to resolve the Ukraine conflict, Politico and The Times have reported, citing officials in Washington.EU leaders are meeting in Brussels on Thursday to debate using an estimated €210 billion ($246 billion) in Russian assets to back a so-called “reparations loan” for Kiev – a move Moscow has condemned as “theft.” Belgium, where most of the assets are held, has demanded that the legal risks be shared among…

One year of spousal chain migration is projected to cost the British taxpayer £5.6 billion during their lifetimes, a government watchdog has admitted. A report from the independent Migration Advisory Committee this week has revealed that the 51,000 foreigners who were brought to the UK between 2022-23 as a spouse of either a British citizen or permanent resident will come with a “net fiscal cost” of £109,000 by the end of their lives. This means that partner chain migration for that year alone will cumulatively cost the taxpayer £5,559,000 by the end of their lives. In contrast, UK residents of…

Federal Bureau of Investigations (FBI) Deputy Director Dan Bongino confirmed that he would be leaving the agency in January, as reports swirled of his upcoming departure. In a post on X, Bongino thanked President Donald Trump, Attorney General Pam Bondi, and FBI Director Kash Patel for giving him “the opportunity to serve with purpose.” “I will be leaving my position with the FBI in January,” Bongino wrote in his post. “I want to thank President Trump, AG Bondi, and Director Patel for the opportunity to serve with purpose.” “Most importantly, I want to thank you, my fellow Americans, for the…

The Hungarian prime minister has criticized the bloc’s decision to provide Ukraine with a €90 billion interest-free loan Hungarian Prime Minister Viktor Orban has criticized the EU’s decision to provide Ukraine with a €90 billion interest-free loan, warning that the move brings the bloc “closer to war.” He argued, however, that an alternative plan to seize Russian frozen assets would have been even worse.Speaking early Friday after EU leaders agreed on the joint borrowing scheme, Orban described it as a fundamentally flawed decision that will burden European taxpayers without delivering realistic returns.“It is a bad decision, which brings Europe closer…

A Colombian mercenary recruitment network for the Sudanese Rapid Support Forces (RSF) insurgent militia is using U.K. registered firms, an investigation conducted by the Guardian revealed on Friday. RSF is a paramilitary group responsible for a litany of heinous actions and war crimes in the ongoing Sudanese civil war. Earlier this month, the U.S. imposed sanctions on a transnational network that recruited, trained, and deployed hundreds Colombians to fight for RSF. The sanctions targeted two Colombian individuals as the leaders of the network: Alvaro Quijano and his wife Claudia Oliveros. The Guardian reported that both are described by the U.K.’s…

President Donald Trump participated on Wednesday in the dignified transfer of the three Americans, including two soldiers and an interpreter, killed in Syria on Saturday. Trump and Secretary of War Pete Hegseth saluted side by side as the remains of the three Americans, Iowa National Guardsmen Sgt. Edgar Torres-Tovar and Sgt. William Howard and civilian interpreter Ayad Mansoor Sakat were transferred from a C-17 at Dover Air Force Base. “That was a beautiful event for three great people, and they’re now looking down and their parents and wives and all of the people that were there were, I mean, devastated,…