The G7 meeting +1 (EU) met in Cornwall in southwest England. The London Financial Times, which has openly come out and advocated the Great Reset, reported that “Joe Biden has won support at the G7 summit for a ‘carry on spending’ plan, as western leaders rejected austerity in a post-Covid world and vowed to […]

ASIA: China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday. China bought $13.11 billion dollars worth of goods from the U.S. in May, down from $13.94 billion in April, data accessed through Wind Information showed. May’s figure marked the lowest monthly […]

ASIA: China has announced that it will allow couples to have up to three children after census data showed a steep decline in birth rates. The cost of raising children in cities has deterred many Chinese couples. The latest move was approved by President Xi Jinping at a meeting of top Communist Party officials. Chinese […]

ASIA: The US and China’s top trade negotiators have held “candid, pragmatic” talks, in their first meeting under the Biden presidency. US Trade Representative Katherine Tai and Chinese Vice Premier Liu He held a virtual meeting to discuss matters. In the virtual meeting, both sides said they discussed the importance of the trade relationship between […]

ASIA: As the trade deal between the U.S. and China runs into its second year, Chinese purchases are still running short of the agreed amount, according to the U.S.-based Peterson Institute for International Economics. The deal stipulated that relative to imports from the U.S. in 2017, China needed to buy at least $200 billion more […]

There is a rising minority that is starting to blame France’s prolonged economic decline on joining the euro. They are demanding that Macron take back control of their country. Creating the euro never produced the single interest rate as promised, nor did it transform Europe into the image of the United States. Their misunderstanding of […]

ASIA: Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny. Cryptocurrency exchange Huobi on Monday suspended both crypto-mining and some trading services to new clients from mainland China, adding it will […]

Schwab was forced to cancel his Singapore annual meeting in August. He has wiped out the European economy and he thought he could shift to Asia. That too is not going so well. Besides pretending that his World Economic Forum is 50-years-old when the actual first forum was in 1987, counting simple seminars before then. […]

The EU has simply been anti-British for years ever since Margaret Thatcher vowed to keep Britain out of the euro. Now, the EU is saying that Brits, even if vaccinated, must still quarantine for two weeks to visit Europe, citing the Indian variant. Under current restrictions, people from only seven countries, including Australia, Israel, and […]

ASIA: Trade between China and the US continued an upward trend in the past four months, official data showed, highlighting inseparable economic relations between the two countries. In the first four months of the year, China’s trade with the US rose 50.3 percent year-on-year to 1.44 trillion yuan ($222.8 billion), making the US its third […]