ASIA: China’s President Xi Jinping said China will strive to hit key economic and social development targets set for this year, even as authorities maintain an aggressive approach to containing Covid-19. Xi said China should push for high-quality development and better coordinated policies around development and safety. He was speaking during a visit to Chengde […]

ASIA: India’s July crude oil imports slumped to their lowest in a year, tanker arrival data from industry sources showed, and are likely to rebound in August as refiners are expected to boost runs after the maintenance of units. Crude imports in July fell 12.5% month-on-month to 3.4 million barrels per day (bpd), but rose […]

ASIA: China released economic data for July that showed slower-than-expected growth as the world’s second-largest economy battled floods and a resurgence of Covid-19. The slowdown was particularly apparent in individual Chinese consumer spending, despite authorities’ efforts to build up consumption as a driver of economic growth. The data showed consumers cut back on spending across […]

ASIA: A group of the most influential American business groups is urging the Biden administration to restart trade talks with China and cut tariffs on Chinese-made goods that had remained in place after the start of the trade war between the two countries. The group on Thursday in a letter asked that the Biden administration […]

ASIA: Singapore will reopen their borders to some travelers from Germany, Hong Kong, Macao, and Brunei as soon as August 26. Transport Minister S. Iswaran stressed that Singapore’s “connectivity with the rest of the world is essential, if not existential.” The nation has already opened borders to travelers from China, New Zealand, and Taiwan, but […]

ASIA: President Xi Jinping of China is considering raising taxes on wealthy citizens to create a “common prosperity.” In a Tuesday meeting, the president urged for a “reasonable adjustment of excessive incomes and encouraging high income groups and businesses to return more to society.” However, exact tax figures or plans were not revealed. The top […]

ASIA: China’s  State Administration for Market Regulation (SAMR) has imposed new regulations that prohibit businesses from altering product information regarding their product orders and sales. The agency also has prohibited companies from leaving fake reviews or fabricating consumer sentiment. Using algorithms to redirect online consumers to avoid online competitors is also illegal and seen as […]

ASIA: China’s economic recovery slowed in July, according to new data by the National Bureau of Statistics. Retail sales grew 8.5% last month, beneath analysts’ expectations of 10.9%, and below June’s reading of 12.1%. Industrial production slowed to 6.4% YoY after experiencing an 8.3% boost the month prior. Unemployment increased from 5% to 5.1%, with […]

Our 2021 World Econo0mic Conference that Nigel Farage called the Alternative to Davos, will be held November 5, 6, & 7, 2021 in Orlando. While Davos has been about trying to control Tickets are available for the in-person event and virtual. Like last year, the virtual attendance will be limited since this will be a live […]

  Nearly 50% of those who have COVID in Israel were fully vaccinated. The significance of this overlooked detail is that getting vaccinated will NOT STOP COVID. This means there will NEVER be a return to normal – it is impossible. A staff member went to a party in Miami and returned with the Delta […]