ASIA: China has scrapped its population control policy. Families in China can have as many children as they like without facing fines or other consequences. The announcement ended, in practice, decades of restrictions on the number of children each household could have, as authorities attempt to encourage births in the face of a rapidly aging […]

ASIA: The United States and its allies accused China on Monday of a global cyberespionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacking. The United States was joined by NATO, the European Union, Britain, Australia, Japan, New Zealand and Canada in condemning the spying, which U.S. Secretary of […]

ASIA: Shares of Didi plunged more than 7% in US pre-market trade on Friday after officials from seven Chinese government departments visited the ride-hailing giant’s offices to conduct a cybersecurity review. The ride-hailing giant was forced to stop signing up new users and its app was also removed from Chinese app stores. The Cyberspace Administration […]

 ASIA: The Biden administration has vowed to work with Australia to push back against China’s “unfair” trade practices, as the Morrison government seeks international support to fight Beijing’s tariffs on Australian wine. With the US declaring support from Australia, the Guardian reported that the European Union is also set to join as a third party […]

ASIA: China’s central bank cut the amount of cash most banks must hold in reserve. The People’s Bank of China will reduce the reserve requirement ratio by 0.5 of a percentage point for most banks, according to a statement published Friday. That will unleash about 1 trillion yuan ($154 billion) of long-term liquidity into the […]

  COMMENT: I’m a Canadian and just turned 60 this year and after receiving paperwork about the Canadian Pension here is what I learned. If I take early pension at 60 I’ll receive 489. a month. If I wait till 65 it will be 760. a month. If I wait till 70 it jumps to […]

ASIA: The Biden administration on Tuesday warned businesses with supply chain and investment ties to China’s Xinjiang province that they could face legal consequences, citing growing evidence of genocide and other human rights abuses in the country’s northwest region. A joint statement by the State Department, Treasury, Commerce, Homeland Security, Labor and the Office of […]

Many questions have come about my post on Soros and how the pound was different from a floating exchange rate. Soros took the lead, but everyone in the club was on that trade. Europe created the ERM which was fixing the European currencies against one another which was the prelude to the Euro. This is […]

QUESTION: I believe there is a guy on YouTube ripping you off and claiming Soros is now targeting the dollar which he will destroy just as he did to the pound. Is Soros even capable of that? You said he was just the lead guy on that for the club. Care to comment? DH ANSWER: […]

  The White House and other federal agencies jumped into action as state and local governments began screaming that they were not prepared to protect renters if the federal eviction ban expired with regard to rent evictions. The Census Bureau has warned that politicians have created a nightmare with the COVID lockdowns that destroyed jobs. […]