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) […]

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 […]