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Market Talk – June 8, 2020

ASIA: Chinese apps are facing major challenges in India after an app named “Remove China Apps” made it easy for users to delete China-related services went viral. Though Google has pulled the app, anti-China sentiment will likely haunt Chinese apps in India as political tensions between the countries heighten. Decoupling from Chinese tech might not […]

German Companies Plan to Reduce Investments

According to a recent survey conducted by the Institute for Economic Research (Ifo), German companies plan to reduce investments by 50% this year due to the lingering effects of the coronavirus. In fact, 28% of companies reportedly already canceled investments. The manufacturing sector, the heart of the German economy and therefore the entire Eurozone, purportedly […]

The World Police

The US has long had the distinction of being the “world police” who would protect citizens of other nations against human rights abuses. Now, countries like Iran and North Korea are pointing their finger back at the US for its alleged double standard. Russian Ministry Spokeswoman Maria Zakharova said, “It’s time for the US to […]

Market Talk – June 5, 2020

ASIA: China is considering using about USD 28 billion in proceeds from government bond sales to help address risks in the banking sector, according to people familiar with the matter told Bloomberg. The debt will be part of the total issuance planned by the central government in 2020, and it’ll be used for measures including […]

Market Talk – June 4, 2020

ASIA: China has said it will loosen restrictions on international air travel that were put in place to control coronavirus. The move came hours after the US pushed Beijing to allow US airlines to resume flights to the country. Chinese Foreign Ministry spokesman said Zhao Lijian said the two sides had been in close communication […]

Market Talk – June 3, 2020

ASIA: The US government says it will block Chinese airlines from flying into the US in response to China’s decision to ban US air carriers on June 1, 2020. The Transportation Department restrictions will take effect on June 16 but could be enacted earlier if President Donald Trump decides to do so. The Transportation Department […]

Market Talk – June 2, 2020

ASIA: The World Health Organization struggled to get needed information from China during critical early days of the coronavirus pandemic, according to recordings of internal meetings obtained by the Associated Press. The recordings obtained show officials complaining in meetings during the week of January 6 that Beijing was not sharing data needed to evaluate the […]

From Sweden – Reality Check

COMMENT: In Sweden the schools (1-9 grade) have not been closed for a single day during March-May. High schools and universities have been locked down with digital lectures, but exams are in classrooms as normal. Bar desks are closed, but buffés (smörgåsbord) and serving at every second table have been allowed during corona. That is about […]

Market Talk – June 1, 2020

ASIA: China’s official manufacturing PMI for May came in at 50.6, according to the country’s National Bureau of Statistics. A private survey released Monday also showed manufacturing activity in China unexpectedly expanding in May, with the Caixin/Markit manufacturing PMI coming in at 50.7 for that month. PMI readings above 50 signify expansion, while figures below […]

Wikipedia, YouTube, Facebook, Twitter – All Social Media is Being Manipulated by the Left

The media which everyone knows is now so biased and manipulated, has the audacity to claim that Trump’s new Executive Order threatens free speech. The problem is their view of “free” speech is to twist whatever they desire to fit their agenda. Here is CNN and how they manipulate statistics to put out fake stories. […]