Tag: Senior

Senior Pentagon Official Overseeing Elementary Schools Division Arrested in Human Trafficking Sting | The Gateway Pundit

In a recent crackdown on human trafficking in Coweta County, Georgia, an unsettling revelation has come to light: among those apprehended in a law enforcement sting operation is Stephen Francis…

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…

Russian officials claimed that private military company Wagner Group founder and chief Yevgeny Prigozhin is dead as he was one of 10 passengers aboard a plane that crashed in a field around 200 miles north of Moscow. Russia’s civil aviation agency, the Federal Air Transport Agency (Rosaviatsia), published a list of the 10 people on board a plane flying from Moscow to Saint Petersburg on Aug. 23. This plane, described as a private business jet, crashed near the village of Kuzhenkino in the Tver Oblast, around the halfway point between Moscow and Saint Petersburg. Video footage spreading on Russian news outlets and social media confirms that an aircraft was seen plummeting to the ground in Tver Oblast. The Rosaviatsia’s list includes three crew members onboard the plane. Other Russian authorities claim that eight bodies have already been recovered from the wreckage. It is not clear if Prigozhin’s body has been identified. (Related: Top Russian astronomer mysteriously ends up in hospital after FAILED moon mission.) Other reported passengers on the plane are Dmitry Utkin, the head of Wagner’s military operations, and Valery Chekalov, the head of Wagner’s security services. Two Wagner veteran officers and two of Prigozhin’s bodyguards were also among the listed passengers. The plane’s pilot, co-pilot and flight attendant also died in the crash. While Prigozhin’s death is still unconfirmed, both Russian state media as well as Telegram channels affiliated with Wagner have reported his death. Russian federal authorities have announced an investigation into the plane crash and have suggested that the plane carrying Prigozhin may have violated air safety rules. Wagner claims jet carrying Prigozhin was shot down by Russia The plane crash has immediately fueled suspicions regarding possible Kremlin involvement in the crash since the long-term fate of the Wagner founder has been the subject of intense speculation since his short-lived mutiny. In fact, pro-Wagner sources are already claiming that the plane was shot down by Russian air defenses. Videos shared on pro-Wagner Telegram channels claim to prove that the plane carrying Prigozhin was shot down because the plane immediately dropped from a large cloud of smoke – a kind of freefall that can occur when an aircraft sustains severe damage. Frame-by-frame analysis by the Associated Press supports the theory that the plane suffered some kind of explosion mid-flight. Other sources claim to have footage showing a Russian missile striking the aircraft carrying Prigozhin, with one supposed insider source claiming that Russian air defenses shot two S-300 missiles at the aircraft. Furthermore, Russian sources claim that a second Wagner Group-owned private business jet departed Moscow at around the same time the plane that crashed took off but then turned around and landed back in Moscow around the time of the incident. The existence of this second jet has fueled speculation that Prigozhin may still be alive and that the plane crash was a ruse for him to escape into exile. “The Russian Ministry of Defense (MoD) and the Kremlin have been destroying the Wagner private military company and weakening Prigozhin’s authority since the rebellion,” noted the military-focused think tank the Institute for the Study of War in one of its latest assessments of the ongoing conflicts in Russia and Ukraine. “Prigozhin was likely attempting to counter the Russian MoD’s and the Kremlin’s destruction of Wagner,” the think tank continued. “The assassination of Wagner’s top leadership was likely the final step to eliminate Wagner as an independent organization… Wagner PMC’s future without a leader remains uncertain.” “No matter what caused the plane crash, everyone will see it as an act of vengeance and retribution [by the Kremlin, and] the Kremlin wouldn’t really stand in the way of that [view],” noted political analyst Tatiana Stanovaya, a senior fellow for the think tank the Carnegie Russia Eurasia Center. “From Putin’s point of view, as well as the security forces and the military – Prigozhin’s death must be a lesson to any potential followers,” she continued. Stanovaya does not believe there will be much outcry from the Russian public over Prigozhin’s death, and that those who supported him will likely be “more scared than inspired to protest.” Learn the latest developments within Russia at RussiaReport.news. Watch this episode of “Judging Freedom” as host Judge Andrew Napolitano and guest former Marine Corps intelligence officer Scott Ritter discuss Prigozhin’s possible assassination. This video is from the What Is Happening channel on Brighteon.com. More related stories: Russian electronic warfare systems are successfully disabling “sophisticated” US-supplied Ukrainian weapons. Putin is setting up private armies for protection against Wagner-style rebellion. European security officials claim Putin appeared indecisive in first hours of Wagner Group rebellion. Was Prigozhin’s mutiny a Western intelligence op derailed by Russian spies? Russian energy oligarch found dead in his detention cell – the 40th high-profile Russian death since February 2022. Sources include: DailyMail.co.uk News.Sky.com UnderstandingWar.org APNews.com Newsweek.com Brighteon.com

Wagner Group founder and leader Yevgeny Prigozhin presumed dead as Russia claims he was passenger in plane crash Russian officials claimed that private military company Wagner Group founder and chief…

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