ASIA: China has expressed its “strong indignation” after the US secretary of state, Mike Pompeo, sent a message hailing the re-elected Taiwanese president’s “courage and vision” to be read at her inauguration ceremony. China’s foreign ministry said Pompeo’s act had severely damaged peace and stability in the strait between Taiwan and China. It warned it […]

ASIA: China’s Foreign Ministry on Tuesday spoke highly of World Health Organization (WHO) member states’ adherence to the one-China principle, saying that this proved “Taiwan independence” will lead nowhere. Foreign Ministry spokesperson Zhao Lijian made the remarks after the World Health Assembly (WHA) decided not to discuss a proposal made by Taiwan authorities and a […]

QUESTION: Marty; I see that Socrates’ forecast for oil in 2020 was a major turning point. All the reversals worked great. But my question is, do you think with this 2020 turning point that this climate change agenda of Bill Gates will fail if oil bottoms here in 2020? GA ANSWER: The array picked up […]

ASIA: Chinese President Xi Jinping said when addressing the World Health Assembly that he supports calls for an investigation into the handling of the coronavirus pandemic, but insisted that any inquiry should wait until the virus is contained. More than 100 countries have called for an independent inquiry into the pandemic, which has so far […]

ASIA: Chinese industry rebounded in April from record falls, but the country’s economic recovery remains fragile after the latest threat from US President Donald Trump strained relations further. Industrial production rose 3.9% year-on-year in April after collapsing 13.5% during the January-February period, the National Bureau of Statistics said on Friday. Taiwan has sought India’s support […]

  ASIA: Market disruptions triggered by the coronavirus crisis have sent more capital into Chinese stocks and some strategists see this as part of a longer-term trend. Todd Willits, head of flow tracking firm EPFR, said in an interview that allocations to China are something people are looking to increase. As US stocks plunged to […]

ASIA: China has warned the US that stopping US government’s main pension fund from investing in Chinese equities will only hurt US investors. Trump administration officials linked the action to the coronavirus pandemic, which the US and Chinese governments have blamed on each other in increasingly bitter exchanges. The US Department of Homeland Security and […]

ASIA: China has suspended imports of red meat from four Australian abattoirs in a move analysts say was “politically motivated punishment” for Australia’s call for an inquiry into the origins of COVID-19. The Chinese embassy in Canberra did not respond to a request for comment. Israeli Prime Minister Benjamin Netanyahu will force additional checks on […]

ASIA: China on Monday threatened to retaliate against a US rule tightening visa restrictions on Chinese journalists in an escalating row after Beijing expelled more than a dozen American reporters. Citing China’s treatment of the reporters, the US Homeland Security Department issued new regulations on Friday, limiting visas for Chinese journalists to a maximum 90-day […]

Saudi Arabia has tripled its taxes from 5% to 15% on the back of this Coronavirus. This is a country now suffering from the collapse in oil demand and prices. Federal Finance Minister Olaf Scholz of the Socialists in Germany (SPD) is already advocating “solidarity” to convince the rich to turnover their assets to the […]