ASIA: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrencies, such as registration, trading, clearing and settlement, three industry bodies said in a […]

ASIA: China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. Factory output grew 9.8% in April from a year ago, in line with forecasts but slower than the 14.1% surge in March, National Bureau of Statistics […]

QUESTION: Dear Mr. Armstrong Thank you very much for the information you provide about what is going on according to the worlds economy and the scary development we are witnessing in the world. A while ago I think i saw that you wrote something like that the globalists will not succeed to put through the […]

I have written before how a friend of mine who is very senior at one of the investment banks in New York called to see if I would go to dinner. I thought he was here in Florida to catch a breath of fresh air and relax outside of what use to be called the […]

ASIA: Singapore is locking down once again after a recent rise in cases. Although the lockdown will be less strict than prior requirements, authorities are urging people to work from home and limit gatherings to two people. The new restrictions will begin on Sunday and last for a month. The nation has already fully vaccinated […]

It has long been known behind the facade of the upstanding media that Bill Gates was not exactly the quiet nerd. The information surrounding his arrest has been scrubbed, so all that remains is the fact that he was arrested for a traffic violation with no other details. It is not likely he was arrested […]

ASIA: The mainland China share market finished the session lower on Thursday, May 13, 2021, amid bearish sentiment stemming from rising US inflation and concern to bring forward monetary stimulus tapering, an online business daily reported. Meanwhile, weaker than expected new loan data for April and Sino-U. S. tensions also weighed down sentiments. At the […]

ASIA: As with most developed nations, China reported a significant decline in births last year (0.53%). The nation abandoned their one-child policy in 2016 that was put into effect in 1979, however, the population has continued to decline. China’s birth rate was 0.57% between 2000 and 2010, with a total population f  1.41 billion. The […]

ASIA:   Moody’s Investors Service on Tuesday slashed India’s growth forecast for the current financial year to 9.3 per cent saying that the second wave of coronavirus infections hampers economic recovery and increases risk of longer-term scarring. With this, Moody’s has joined several analysts who revised their GDP forecasts for India in the face of […]

ASIA: The Chinese yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for China’s economy. The currency rose as much as 0.3% to 6.4114 a dollar, the strongest since June 2018, after breaching its previous year-to-date high of 6.4245 reached […]