Tag: rate

CO2 is increasing the rate of GLOBAL GREENING, even in places affected by drought – NaturalNews.com

Study: CO2 is increasing the rate of GLOBAL GREENING, even in places affected by drought A study conducted by a team of Australian and Chinese researchers has found that carbon dioxide…

Amid concerns about a mystery megabuyer acquiring over 52,000 acres of land in Solano County in the San Francisco North Bay region, residents of the county have recently received a survey gauging their support for “a new city.” The survey, circulated by a company known as Flannery Associates, claims that a ballot initiative might be coming to county residents as early as next year regarding the development of a “new city” in eastern Solano County. (Related: San Francisco’s biggest hotels are shutting down due to unpaid debts as fewer tourists visit the crime-riddled, crap-smothered city.) “This project would include a new city with tens of thousands of homes, a large solar energy farm, orchard with over a million new trees, and over 10,000 acres of parks and open space,” reads the survey. The poll then goes on to present a variety of statements that prompt respondents to answer if they are more or less likely to support the project. Some of the statements include: “Solano County residents would be given priority and down payment assistance to buy or lease homes in this new project.” “It would be funded entirely by private sector money.” “It is being led by a group of architects and planners interested in building livable and sustainable communities, not typical developers.” “It is being funded by a group of California firms and wealthy families who are committed to our state’s future.” Furthermore, the “new city” has also been pitched as having the feel of a college town, with its layout having an emphasis on walkability and being made up of a mixture of housing, schools and small businesses. State records indicate that Flannery Associates and its parent company, Flannery Holdings, were incorporated in Delaware in 2018. Since its incorporation, the company has gone on a spree purchasing land in Solano County at premium rates. The prices Flannery Associates was offering to landowners in the county was so high that the company sued several local landowners who it alleges conspired to raise prices even higher to overcharge the company. In its complaint, Flannery Associates provided courts with information on its land purchases. Its filings note that the company had already paid more than $800 million for approximately 140 properties in the Montezuma Hills and Jepson Prairie Reserve areas of Solano County, sometimes offering to pay more than $15,000 per acre. Land acquisitions raise concerns due to proximity to military base Flannery Associates’ land purchases have also raised national security concerns due to the proximity of the land to Travis Air Force Base. Catherine Moy, mayor of Solano county seat Fairfield, noted that she, as a member of countywide boards, had received other offers “to buy land at greatly inflated prices” very near Travis. These offers were turned down. Democratic Rep. Mike Thompson, whose congressional district includes parts of Solano County, said that he has been “pushing” the Department of the Treasury, the Department of Defense and the Federal Bureau of Investigation to open an investigation to find out the exact nature of these land acquisitions. Democratic Rep. John Garamendi, whose district covers the rest of Solano County, called the survey being circulated to residents a setup and said he does not believe Flannery Associates will actually build a “new city” in the county. “To build a new city there is an extraordinary risk,” he said. “Over my nearly five decades of experience in public life, with hundreds of surveys I’ve paid for as well as hundreds and maybe thousands that I’ve looked at, this is a B.S. survey.” “I do know that they have purchased land that could put Travis Air Force Base and national security at serious risk,” he added. “Why are you hiding?” Garamendi and Thompson have been working with a group of state and local politicians like Moy to identify the mysterious figures behind Flannery Associates. But the company has so far been able to maintain its anonymity through Delaware’s corporate protection laws. “I tried contacting the firm that is pushing this poll,” said Moy. “My email bounced back. I then searched for the firm elsewhere, but couldn’t locate them. They are yet another mystery in the ongoing saga of Flannery.” Learn more stories coming out of California at CaliforniaCollapse.news. Watch this video discussing how Flannery Associates’ land acquisitions are a threat not just due to its proximity to Travis Air Force Base, but also due to it buying land around the interstate electrical grid system. This video is from the Alex Hammer channel on Brighteon.com. More related stories: San Francisco retailers LEAVING metro area in droves due to unchecked RETAIL THEFT. Video of deserted mall and streets in downtown San Fran reveals Democrats destroyed city. California’s homeless construct two-mile-long vehicle encampment in San Francisco’s North Bay region. Rise of remote work and decline of commuters contributing to San Francisco’s “urban doom loop.” POLL: San Francisco residents most likely to move to different city due to high crime rate and homelessness. Sources include: SFGate.com CBSNews.com SFChronicle.com Brighteon.com

Mystery buyer of over 52,000 acres in the Bay Area may be planning to build a new city Amid concerns about a mystery megabuyer acquiring over 52,000 acres of land…

Data coming out of Europe shows that business activity this month has contracted to its lowest level since November 2020. In the Eurozone – the parts of the continent that currently use the euro as its main legal currency – the HCOB Flash Eurozone composite purchasing managers’ index (PMI) fell to 47.0 in August from 48.6 in July, its weakest level in 33 months. A PMI is a comprehensive index attempting to measure the prevailing direction of economic trends in certain economic sectors. The quoted flash composite PMI is focused on the eurozone’s manufacturing and services sectors. (Related: Conservative German party brands EU a “failed project,” calls for its complete overhaul as a federation of autonomous nations.) A reading of 50 or above would have marked an expansion in economic activity, while a reading below last month’s 48.6 would have signaled a contraction in the continent’s economy. Some economists were hoping for a very modest increase to 48.8 for August. The recent PMI would be the lowest reading since April 2013 if the Wuhan coronavirus (COVID-19) pandemic months were excluded. Cyrus de la Rubia, chief economist for the Hamburg Commercial Bank in northern Germany, said the eurozone’s service sector is “unfortunately showing signs of turning down to match the poor performance of manufacturing.” The services PMI dropped to a 30-month low at 48.3, while the manufacturing PMI only rose slightly from 42.7 in July to 43.7 in August – nowhere near enough to prevent the eurozone from entering a recession. “Considering the PMI figures in our GDP [growth] nowcast leads us to the conclusion that the eurozone will shrink by 0.2 percent in the third quarter,” predicted de la Rubia. “The downward pressure on the economy of the eurozone in August stems mainly from the German service sector, which switched from growth to contraction at an unusual pace,” de la Rubia added, noting that reduced output in German manufacturing also added to arguments that the country is becoming “the sick man of Europe.” Euro, British pound falling in value Following the release of the eurozone composite PMI, the euro responded by losing approximately 0.3 percent of its value compared to the United States dollar, trading at a low of $1.0809. Across the English Channel, the United Kingdom pound similarly experienced a dip, falling by 0.8 percent in value to $1.2636. These values represent a more than one-month low for the euro and a two-month low for the pound. Furthermore, the worse-than-expected readings have made financial analysts predict that both the Bank of England and the European Central Bank (ECB) may respond with less aggressive interest rate increases. “The continuing sharp drop in the PMI data will test the ECB’s growth optimism,” said Mark Wall, chief European economist at Deutsche Bank. “Ongoing manufacturing weakness might be more than just cyclical. It could reveal a more persistent and structural competitive shock.” “The weakening in services might reveal that monetary transmission is stronger than the hawks were expecting,” he continued. “We are expecting the ECB to pause [rate increases] in September, but it is not clear that inflation is where the ECB wants it yet. A pause should not be misinterpreted as the peak.” Back in July, ECB President Christine Lagarde herself noted that, for August, the central bank would either raise rates or pause rate hikes. No discussions were done considering decreasing interest rates. “We continue to expect services inflation to ease enough over the coming months to convince the ECB to not hike past September,” said Melanie Debono, senior Europe economist for economic research firm Pantheon Macroeconomics. “Stagnating employment combined with decreasing production and results therefore in lower output per head,” said de la Rubia. “As a result, the ECB may be more reluctant to pause the hiking cycle in September.” Current predictions suggest that ECB rates will remain unchanged next month at 3.75 percent. Learn more about the rapidly deteriorating state of the global economy at EconomicRiot.com. Watch this video discussing how at least four European countries – Estonia, Germany, Hungary and the Netherlands – are already in a recession and at least 24 more are on the verge of it. This video is from the channel MEGA (Make Earth Great Again) on Brighteon.com. More related stories: The international monetary system will COLLAPSE, warns James Rickards – it’s not a matter of IF but WHEN. Bond investors warn: Brace for INEVITABLE RECESSION caused by Fed’s continued RATE HIKES. Calm before the storm: Financial experts warn current market calm is a sign of impending recession. Germany falls into RECESSION amid high energy prices and drop in consumer spending. Europe has spent hundreds of billions in energy subsidies to shield citizens from EU-caused energy crisis. Sources include: CNBC.com Barrons.com MarketWatch.com Investopedia.com Brighteon.com

IMPLOSION: Latest data shows Europe’s economy has contracted to its lowest activity level since first year of pandemic Data coming out of Europe shows that business activity this month has contracted…

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