QUESTION: As of today, Basel III comes in effect. Rumour goes that in a couple of months, there will be a lot of turmoil on the market and it would be the start of the implementation of an SDR like thing where people would lose 20-30% of their value and get stuck with this new […]

Asia: China’s central bank asked police to investigate a fake rate-cut report. The report emerged on social media, causing pressure on tech firms within China. In other news, China furthered relationship with Russia after purchasing 24 fighter jets Su-57. The Su-57 jet is touted as the world’s best military jet, which is quite controversial as […]

Asia: Japan’s emperor is going to step down at the end of the month, ushering in a new imperial era called “Reiwa,” which will focus on fortunate harmony and people coming together. China is set to curb all types of fentanyl production following a plea from the U.S. The Chinese-based drug has had a huge […]

Asia: Today marked the second and final day in this round of U.S. – China trade negotiations in Beijing. According to RT News, “The US just ‘invaded’ an island in the East China Sea & no one noticed.” This island belongs to the Japanese, Okinawa archipelago, and was taken over and used as a military […]

The British Parliament has rejected Prime Minister May’s BREXIT plan for a third time. This now leaves them to come up with a plan that Brussels must accept by April 12th or face a hard exit. On top of that, the phone here is melting down with questions about how “hard” is a “hard-landing” going […]

Asia: U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer began a new round of discussions in Beijing today, and reports are that the two sides have made early progress in the current round of negotiations – including perhaps forced technology transfers. The recent issue regarding the Chinese company Huawei seems to be […]

Asia: China Beige Book, the only large-scale independent data provider on the Chinese economy, released a report this Wednesday indicating a first-quarter recovery. After polling 3300 Chinese businesses, the firm found that private borrowing outweighed that of state-owned enterprises. However, the cost of borrowing has risen substantially. Bank loan rates currently average 6.9%, while the […]

Asia: Still more bumps in the road, were the words used by the former treasury secretary Jack Lew regarding the US-China trade deal. Still, if no agreement is reached soon, the US has warned it will up the tariffs from 10% to 20% on the 200 Billion dollars’ worth of trade.  A hit to US […]

Over the centuries, sailors have told legends of monster waves that would appear out of nowhere in the middle of the open sea. Most scientists dismissed the stories as fabrications and legends. These stories were reported over the centuries by sailors who repeatedly saw these rogue waves of gigantic proportions rise up from nothing far above the […]

Asia: Little in the way of news from Asia. China promises wider financial access for foreign investors as US-China trade war talks enter a crucial stage. In an announcement to the UN in Geneva, Japan’s ambassador said his country has not developed fully autonomous weapons systems and has no plans to do so. Most of […]