ASIA: President Xi Jinping of China is considering raising taxes on wealthy citizens to create a “common prosperity.” In a Tuesday meeting, the president urged for a “reasonable adjustment of excessive incomes and encouraging high income groups and businesses to return more to society.” However, exact tax figures or plans were not revealed. The top […]

ASIA: China’s  State Administration for Market Regulation (SAMR) has imposed new regulations that prohibit businesses from altering product information regarding their product orders and sales. The agency also has prohibited companies from leaving fake reviews or fabricating consumer sentiment. Using algorithms to redirect online consumers to avoid online competitors is also illegal and seen as […]

ASIA: China’s economic recovery slowed in July, according to new data by the National Bureau of Statistics. Retail sales grew 8.5% last month, beneath analysts’ expectations of 10.9%, and below June’s reading of 12.1%. Industrial production slowed to 6.4% YoY after experiencing an 8.3% boost the month prior. Unemployment increased from 5% to 5.1%, with […]

Jacques Attali is a well-known French economist and social theorist. He has been a political adviser but also a senior civil servant, which is in itself a distorted term for they never see themselves as serving the people. We have simply been a herd of sheep to manage. Additionally, Attali was a counselor to the […]

  COMMENT: Hello Dear Mr Armstrong, In your recent article “what-is-the-real-agenda-with-vaccines-climate-change” You talk about power to be given to the UN for reasons that are cooked up with bad science. I agree, but I also see that this will never fully happen : China and Russia will not transfer power to the UN no matter what. […]

Many people have asked if I attend DAVOS meetings. The answer is NO! I considered taking a booth there to display Socrates, but decided against it because the overall theme of Davos was the very opposite of my personal views and the forecast of Socrates which says they will crash and burn. The World Economic […]

ASIA: India on Thursday proposed scrapping a controversial law that taxed companies retrospectively and said it will refund disputed amounts, a move that could potentially settle its multi-billion-dollar tax cases with Cairn Energy and Vodafone. The amendment to the tax law could resolve at least 17 disputes of tax payments amounting to 500 billion rupees […]

Based upon reports from inside several governments, the IMF has been directing all central banks to terminate paper money by 2022 and move to digital currencies. The real motive here is to terminate the underground economy and to ensure that everyone is 100% taxed as they determine. This has been the driving force behind the […]

ASIA: Intel Corp said on Monday its factories will start building Qualcomm Inc chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd by 2025. Intel said on Monday it expects to regain its lead by 2025 and described […]

ASIA: China’s central bank on Friday said that non-bank payment firms must report plans for overseas initial public offerings and other major events. This is the latest move in a widespread regulatory squeeze on the country’s tech firms. Non-bank payment firms should report both domestic and overseas listing plans, the People’s Bank of China (PBOC) […]