THE AMERICA ONE NEWS
May 31, 2025 |
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America First News
19 Jul 2023
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#economy
The Epoch Times: Australia's Renewable Energy Projects Suffer Under High Inflation
Analysis finds rising costs of renewable energy projects in Australia due to inflation and supply chain issues. Onshore wind had the highest increase in capital costs at 35%, followed by gas open cycle and black coal at 24%. COVID-19 pandemic and the war in Ukraine worsened the situation. However, renewable energy remains the cheapest option for new-build electricity generation in Australia. The levelized cost of solar panels ranged from $48 to $81 per megawatt hour, while onshore wind varied between $58 and $96 per megawatt hour. Offshore wind projects were more expensive, ranging from $149 to $194 per megawatt hour.
The Epoch Times: New York Federal Reserve Reports Surge in Credit Application Rejections
The New York Federal Reserve Bank reported a significant increase in credit application rejections, reaching its highest level since June 2018. Rejection rates were high for auto loans, credit card applications, mortgages, and mortgage refinancing. This has raised concerns about a potential recession and tighter credit conditions.
The lending sector in the United States has been affected by the collapse of three regional banks, leading to a decrease in credit flow for businesses. The Federal Reserve's decision to raise borrowing rates has made credit more difficult to acquire. The housing sector has been particularly impacted, with rising mortgage rates discouraging Americans from buying or selling properties.
#health
The Epoch Times: Researchers Identify Three New Biomarkers to Help Treat Prostate Cancer
Researchers from the University of South Australia have discovered three new biomarkers for prostate cancer, allowing for more accurate and urgent treatment. This breakthrough has the potential to improve the way prostate cancer is diagnosed and graded. The new biomarkers will assist doctors in determining which patients require immediate treatment and which can be closely monitored. This development has led to a commercial test to determine the aggressiveness of the cancer.
The Federalist: Proposed Biden Rule Would Promote 'Junk' Insurance, Not End It
The Biden administration has proposed a regulation that claims to protect consumers but actually shuts down a form of health coverage that competes with Obamacare. The proposed rule would undo a regulation finalized by the Trump administration in 2018, which allowed for the sale of short-term, limited-duration insurance plans. This move would shift more people onto the Obamacare exchanges, which are considered junk insurance.
#sports
Forbes: FC Barcelona Announce New Signing
FC Barcelona have announced the signing of defensive midfielder Oriol Romeu from Girona. The 31-year-old, who previously played for Barca's academy and made two appearances for the first team, will join on a three-year contract. Romeu had a successful spell at Southampton before returning to Catalonia with Girona last season.
Forbes: Women’s World Cup: England Feel ‘Empowered’ To Strive Change, Says Lucy Bronze
The England women's national team has announced they will pause discussions with the English FA on performance-related bonuses until after the Women's World Cup. The players are focused on the tournament and want to make a difference in women's football. Other national teams, such as Canada, Spain, France, Nigeria, and South Africa, have also been involved in disputes with their respective governing bodies.
#technology
The Federalist: Get Race Quotas Out Of The Cockpit
A fear of turbulence and concerns about pilot training and hiring in America lead the author to question the safety of flying. With the increase in race-based hiring and the decrease in experienced pilots, the author suggests the creation of a new airline that focuses on merit and rigorous screening processes. Until then, the author will continue to rely on Xanax for a bumpy flight ahead.