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July 26, 2016
The tension between China and Taiwan has been going on for decades. Historically, the Republic of China was a state established in East Asia from 1912 to 1949 on mainland China, which included Mongolia and Taiwan. It was preceded by the last imperial dynasty of China, the Qing dynasty, which was the last royal dynasty […]
July 25, 2016
Even though we have two central banks announcing rate decision this week, in addition to Tuesday being one of the busiest corporate reporting days of the year and hearing from the G20 at the weekend, this week looks to be one of the quietest! Asia had no reaction to anything emerging from the G20 […]
July 25, 2016
If Trump wins, he says he would prosecute Hillary for her crimes. At least in France, the courts are not as corrupt as they are in the United States. The highest court has ruled that the notorious head of the IMF (International Monetary Fund) Christine Lagarde must stand trial for a financial scandal. Back in 2008, […]
July 25, 2016
Have you ever wondered why you have to show your boarding pass to purchase something in the duty-free shops, after passing security, when in fact nobody can be there without a boarding pass? The answer is starting to surface. It turns out the government is tracking the destination of travelers who buy anything in the […]
July 25, 2016
In Ansbach, Bavaria, there was apparently a bomb attack on Sunday. The Bavarian interior ministry told Reuters, “At present we stand, it is not an accident.” It summarized the evidence that it was a “deliberately provoked explosion.” This bombing followed the horrific attack on two men from Hong Kong on a passenger train in southern […]
July 24, 2016
QUESTION: Marty, the Republican platform supports the return of Glass-Steagall. Is Trump for that? Thanks for all you do PL ANSWER: Yes. If there was anyone who would actually do that, it would be Trump. However, keep in mind the act would still have to get through Congress and the bankers would buy every vote […]
July 24, 2016
A reader from Austria sent this photo from Paznauner Taja Ischgl. It was snowing there on July 14. Unfortunately, we are heading into a global cooling period.
July 23, 2016
Data storage is rapidly shrinking. Now, a team of nanoscientists led by Sander Otte at Delft University of Technology in the Netherlands has just announced the densest method ever developed to store re-writable digital data. The method of moving around individual chlorine atoms on a flat sheet of copper can write a 1 kilobyte message at 500 terabits per square inch. […]
July 23, 2016
A volcano is coming to life just outside of Rome where the Pope’s summer villa sits. Castel Gandolfo is a town located 15 miles (24 kilometres) southeast of Rome in the Lazio region of Italy. An analysis of rocks from the region revealed a history of past volcanic eruptions whereby the volcano Colli Albani enters an eruptive phase […]
July 22, 2016
We saw a bit of a wobble today in Asian cash markets after BOJ governor Kuroda dismissed the idea of helicopter money and following a weak US session resulting in 1% declines for the Nikkei, Shanghai, and a small loss (-0.2%) in the Hang Seng. Oil didn’t help sentiment having lost 2% yesterday and no sign of recovery today as we head […]