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  • US Freight rail strike could cost US economy $1 billion in first week

    From cnn.com

    A US freight rail strike could cost the US economy $1 billion in the first week of the strike, according to a new analysis from the Anderson Economic Group. In the first three days alone, US workers and consumers could see potential losses of a quarter billion dollars as a transit strike involving rail is one of the most expensive and disruptive events that can happen to the economy. “Economic impacts caused by a national railroad strike include lost wages for the industry’s workers and production slowdowns due to non-delivery of critical components in some vulnerable industries,” the report from Anderson ... (full story)

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    Tanzanians sue Barrick Gold in Canada over alleged mine shootings by police

    From miningweekly.com|Nov 24, 2022

    A group of 21 Tanzanian nationals on Wednesday filed a lawsuit in Canada alleging the world's second-biggest gold miner, Barrick Gold, was complicit in extrajudicial killings by ...

    US New-Home Sales Unexpectedly Rise, Driven by Demand in South

    From bnnbloomberg.ca|Nov 23, 2022

    Sales of new US homes unexpectedly rose in October, largely driven by an increase in the South and likely representing a pause in an otherwise weak housing market. Purchases of ...

    Chile Miners Say Trucker Strike a Threat to Supplies

    From usnews.com|Nov 23, 2022

    Miners in Chile, the world's largest copper producer and second largest lithium producer, said on Wednesday an indefinite strike by truckers threatened supplies to operations in ...

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    China expands lockdowns as COVID-19 cases hit daily record

    From apnews.com|Nov 24, 2022|3 comments

    China is expanding lockdowns, including in a cental city where factory workers clashed this week with police, as its number of COVID-19 cases hit a daily record. People in eight ...

    Nickel West employees safe after earthquake

    From australianmining.com.au|Nov 24, 2022

    BHP has confirmed that all Nickel West employees are safe after it temporarily lost communication with its underground workers following an earthquake on Wednesday. Geoscience ...

    IFO Economist: The German economy is sending signals of hope

    From @financialjuice|Nov 24, 2022

    tweet at 4:02am: IFO ECONOMIST: THE GERMAN ECONOMY IS SENDING SIGNALS OF HOPE. tweet at 4:04am: IFO ECONOMIST: 59.3% OF COMPANIES SURVEYED COMPLAINED ABOUT SUPPLY BOTTLENECKS IN NOVEMBER VS 63.8% IN OCTOBER. tweet at 4:06am: IFO ECONOMIST: 46.8% OF COMPANIES SURVEYED WANT TO RAISE PRICES IN THE COMING THREE MONTHS, PRESSURE TO INCREASE PRICES ARE SINKING CONTINUOUSLY.

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  • Posted: Nov 24, 2022 1:10am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 940
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    From bnnbloomberg.ca|Nov 24, 2022
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