Hooters has closed its remaining restaurants across four US states as the company continues restructuring following Chapter 11 bankruptcy. While debates over branding have surrounded the chain for years, company leaders point to inflation, rising operating costs and shifting consumer habits as the primary drivers behind its decline. INR Report: Based on reporting by ZeroHedge HERE. ·…
The annual St. Petersburg International Economic Forum (SPIEF) will be held over June 3-6. In its nearly three decades of existence, this event has borne witness to fundamental global shifts and it has shifted along with the world. Founded with the aim of facilitating foreign investment in Russia, it became known as Russia’s Davos in the 2000s, when Western executives descended upon St. Petersburg in their private jets in the hopes of securing…
Alex Krainer · One of the recurring themes of this newsletter has been the doom facing Great Britain, its economy and its undead empire, most recently rebranded as “Global Britain.” My curiosity about all this was prompted by the hysterical reactions from the U.K. to the U.S. withdrawal from Afghanistan in August 2021. A number of high-level British officials were indignant, as though they felt betrayed by the Americans. Who knew…
High energy prices, bureaucracy, and taxes are said to be key factors behind the increase in filings · RT: FILE PHOTO. © Global Look Press / CHROMORANGE / Bilderbox · The number of bankruptcies in Germany is alarmingly high and continues to grow, the country’s Chamber of Commerce and Industry (DIHK), has warned. It urged Berlin on Monday to take urgent measures to remedy the situation and tackle…
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