NEWS: JUNE 21 – 2022






EU removes food and fertilizers sanctions from Russia



The extent of sanctions imposed are very high and proper guidelines and processes have not been laid out that has confused businesses and even countries. The EU has been trying to clarify to the companies that it’s safe to trade food and fertilizers commodities from Moscow amidst the rising confusion.

“Our sanctions don’t target food, don’t target fertilizers. Everyone that wants to buy Russian food and fertilizers, they can do it, no obstacles… so they can operate, they can buy, they can transfer, they can insure,” EU Foreign Policy Chief Josep Borrell said on Monday.






NATO’s Baltic states are preparing for an escalation in tension after Russia threatened retaliation against Lithuania for imposing European Union sanctions on certain goods heading to the Kaliningrad exclave, part of Russia wedged between Poland and Lithuania on the Baltic Sea coast.

The Kremlin has warned Lithuania of “serious consequences” for its application of EU sanctions on certain goods, including Russian steel and iron ore. Baltic diplomats, meanwhile, have told Newsweek that Moscow is “trolling” its NATO rivals and probing for weaknesses in the alliance’s unified front on Ukraine.






Health care professionals are raising the alarm about deteriorating conditions in Canadian hospitals leading experts to conclude that the system is on the verge of collapse or is already collapsing.

Dr. Katharine Smart, president of the Canadian Medical Association (CMA) told CTV News on June 15 that, “What’s clearly coming is the collapse of the current health care system,” and that there doesn’t appear to be any political will “to take it seriously.”






U.S. stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in the energy sector, after Federal Reserve Chair Jerome Powell said the U.S. central bank is “strongly committed” to bringing down inflation.

In his testimony to the Senate committee, Powell pledged an “overarching focus” on bringing down decades-high inflation and reiterated that ongoing increases in the policy rate would be appropriate, with the exact pace dependent on the economic outlook.






Twitter, a soon-to-be jewel in the world’s richest man’s crown, has onboarded at least a dozen FBI and intelligence agents since 2019—and mostly to very high positions—according to a new investigative journalism report.

MintPress News (MPN) published a June 21 article that appeared to rely on a simple scrape of LinkedIn bios, making the discovery based on publicly available information.






Another symptom of a lesser-noticed bubble popping has surfaced: the prices that used semi trucks are garnering at auction are taking a sharp leg down.

Citing Chris Visser, a Senior Analyst at J.D. Power Valuation Services, shipping industry news outlet Freight Waves stated in a June 16 article that the price of model year 2020 trucks at auction had dropped significantly, down 11 percent from only two months ago in April.

And data was even worse for 2019s, dropping a staggering 15.9 percent month over month with 2018s stumbling 8.9 percent in the same timeframe.






Apollo News reported that Zhengbang Technology, one of China’s leading pig breeding companies, is falling into a deep debt crisis, with a debt level of up to 97.03% of the company’s net assets.

Within the last 15 months, Zhengbang Technology has lost about $3.2 billion. From June 9 to 10, Zhengbang Technology’s share price fell 11.18%.

In addition, Zhengbang Technology is still facing nearly $3 billion in interest liabilities at the end of Q1 2022.

Link: THE BL





A Twitter user, @TragedyInChina, posted a video on June 20 showing a policewoman trying to carve out all English letters on the world map in a kindergarten school. The female police officer is holding an iron rod with a blade attached to the head, which looks like a shovel.

Her process of removing English letters starts from right to left.

She seemingly has finished removing the word “South America,” and is now finishing off the word “North America.”

Link: THE BL


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