ASIA:   India’s central bank, the Reserve Bank of India, seeking to arrest the rupee’s slide, is asking local banks to not build additional positions in the non-deliverable forward market, a move that could lead to offshore volatility spilling into local markets, bankers and traders said. The build-up of positions in this segment of the […]

ASIA: Japan’s inflation-adjusted gross domestic product shrank 0.3% in August from July as exports to China and Europe fell, as local demand remains sluggish, the Japan Center for Economic Research said in a report released on Tuesday. It is the first month-on-month contraction since May for the world’s third-largest economy, owing largely to external factors, […]

The French, especially in Paris, are starting to feel the effects of the gas shortage. There are reports of cars queued for miles outside gas stations. Some have reported waiting for over an hour, only to find that there was no petrol left to fuel their vehicle. Workers at TotalEnergies and Esso-ExxonMobil in France are […]

ASIA:   China’s central bank extended its bilateral currency swaps with European Central Bank, worth 350 billion yuan or 45 billion euros, according to a statement published on the Chinese central bank’s website on Monday. The swaps extension will help deepen bilateral cooperation and safeguard financial market stabilization, the Chinese central bank said. The International […]

COMMENT: Hi Martin It is obvious that Zelensky does not have a brain and is being controlled by outside forces. Is it Schwab or is he just a front also? You probably know more than what is going on than anyone else including intelligence. Thank you All the best MW REPLY: I cannot say everything […]

ASIA:   Holiday spending during China’s Golden Week fell to a seven-year low as broad Covid restrictions discouraged people from traveling or spending, while a darker economic outlook continued to dent consumer confidence. Spending by tourists for the week-long holiday that began Oct. 1 fell 26% year-on-year to 287.2 billion yuan ($40.4 billion), according to […]

COMMENT From Germany: Dear Marty, there was a sabotage act on the German railroad company „Deutsche Bahn“. Two cables in different locations were cut on Saturday morning (October 8th, 2022). Result: No trains were moving in all of northern Germany. This must have been accomplished by someone highly sophisticated and with insider knowledge. First, someone […]

QUESTION: “This New World Order will fail. ” assume status quo fails before NWO fails… what will the new status quo look like? RP ANSWER: We all have opinions. In times like these, the personal opinion does not help very much for as Julius Caesar said, people believe what they want to believe. Those who […]

OK. I cannot even count the emails coming in on this one.  It seems Schwab has found someone with the same name but is just a journalist, and he has been sending this out to everyone. Look. I began our WEC in 1985. Schwab started his WEF in 1987. Marcus Vetter did the film on […]

ASIA:   China’s GDP forecast is to be anywhere between 2.2 percent and 4.1 percent based on a survey conducted by Nikkei last month. Economists and other observers, globally, have also revised the GDP outlook for 2022 to 3.2 percent against Beijing’s official target of 5.5 percent. Compared to the second quarter when the economy […]