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Market Talk – February 12, 2020

ASIA: China’s Hubei province reported its lowest number of new coronavirus cases since January. This gives officials hope that the outbreak may be approaching its peak even as experts remain wary about its spread outside of China. Confirmed cases of the coronavirus have risen to almost 45,000 and deaths rose to 1,115 by February 11, […]

Market Talk – February 11, 2020

ASIA: China’s central bank has declared the country’s economic health as their first priority. President Xi Jinping has reportedly warned the country’s top officials that coronavirus containment efforts are hurting the economy. President Xi Jinping told officials during a February 3 meeting to balance their economic duties with their humane responsibilities. The pressure is on […]

Market Talk – February 10, 2020

ASIA: Amazon Inc has decided to take legal action in India to quash an antitrust investigation against the company. Amazon said in a statement that last month the Competition Commission of India (CCI) ordered a probe against the company over alleged violations of competition law and certain discounting practices, which could cause “irreparable” loss and […]

Market Talk – February 7, 2020

ASIA: India’s Ministry of External Affairs offered help to evacuate Pakistani students from the epicenter of the deadly coronavirus outbreak in China’s Wuhan after Pakistan refused to evacuate its citizens from Wuhan. In a statement released by India’s Foreign Affairs Ministry, India’s Foreign Minister S Jaishankar told Indian Parliament on Friday that when India sent […]

Angkor Wat & Its Decline and Fall

QUESTION: Angkor Wat was abandoned and the whole society seems to have vanished. I saw somewhere that this was due to climate change and the drying up of their canal system. Is this something that shows in Socrates? Best regards MU (Sweden) ANSWER: The fall of Angkor Wat was attributed to climate and abuse, but […]

Market Talk – February 6, 2020

ASIA: The coronavirus outbreak in China has continued to affect citizens, and has now killed more than 560 people and infected 28,000. The Chinese government has decided to take tough measures to counter this deadly virus. Chinese whistle blower Dr. Li Wenliang died on Thursday due to the coronavirus. Li Wenliang was the first person […]

Market Talk – February 5, 2020

ASIA: Hong Kong announced that any travelers from mainland China will be faced with a 14-day quarantine period before being allowed into the country. Carrie Lam, Hong Kong’s Chief Executive, said the measure will be in effect at midnight on the 8th of February. The virus has now affected around 25,000 people globally and deaths […]

Why Exaggerated Nonsense on Flu?

QUESTION: Mr. Armstrong; Why is there such an exaggerated response to this Coronavirus when the death toll is far less than the flu each year? Both the Swine and the Bird flu are far more dangerous. Do you have any take on why the conspiracy contingency just loves such doom & gloom? HC ANSWER: I […]

Market Talk – February 4, 2020

ASIA: China is at risk of facing a technical recession, defined as two consecutive quarters of GDP contraction. In 2019, China’s GDP grew by 6.1%, which marked the slowest rate of growth since 1990. Today, China confirmed that the death toll due to the coronavirus has reached 425, and over 20,000 citizens have been infected […]

The Zombie Apocalypse May Be Here – But it’s the Bird Flu not the Coronavirus

The more traditional bird flu has appeared in the same area of China. The bird flu outbreak was reported Saturday in Hunan, which borders the province of Hubei where the coronavirus broke out in December. Officials said, “The farm has 7850 chickens, and 4500 of the chickens have died from the contagion.” This is a […]