I find it interesting how nobody seems to distinguish between a digital currency and blockchain cryptocurrency. The former is not traceable other than that transaction. To eliminate cybercriminals, the World Economic Forum is pushing ending paper money and moving to cryptocurrencies – not digital. With blockchain, the government would be able to trace […]

ASIA: China has announced that it will allow couples to have up to three children after census data showed a steep decline in birth rates. The cost of raising children in cities has deterred many Chinese couples. The latest move was approved by President Xi Jinping at a meeting of top Communist Party officials. Chinese […]

ASIA: Despite a reasonable economic recovery, the giant Chinese economy will be bedeviled by serious problems, says a top corporate survey specializing in China. This 2021 China Corporate Payment Survey, made available to IANS, was conducted between February and April this year by COFACE, which surveyed over 600 companies across 13 broad sectors located in […]

The Federal Reserve has discontinued updating the M1 and M2 weekly money supply series and is instead now updating the series monthly. What is really going on is what I have been talking about and was one of the key subjects behind the book I published – Manipulating the World Economy (5th edition to be […]

ASIA: The US and China’s top trade negotiators have held “candid, pragmatic” talks, in their first meeting under the Biden presidency. US Trade Representative Katherine Tai and Chinese Vice Premier Liu He held a virtual meeting to discuss matters. In the virtual meeting, both sides said they discussed the importance of the trade relationship between […]

ASIA: As the trade deal between the U.S. and China runs into its second year, Chinese purchases are still running short of the agreed amount, according to the U.S.-based Peterson Institute for International Economics. The deal stipulated that relative to imports from the U.S. in 2017, China needed to buy at least $200 billion more […]

ASIA: Cryptocurrency miners, including HashCow and BTC.TOP, have halted all or part of their China operations after Beijing intensified a crackdown on bitcoin mining and trading, hammering digital currencies amid heightened global regulatory scrutiny. Cryptocurrency exchange Huobi on Monday suspended both crypto-mining and some trading services to new clients from mainland China, adding it will […]

I hear the whispers – Ron DeSantis for President. Indeed, he seems to be the ONLY politician who understands the gravity of what is taking place in America. He now signed legislation that allows Florida to impose fines on social media platforms that ban users with ever-changing guidelines and clear outrageous bias. The bill (SB 7072) […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 46.78 points or 0.17% to 28,364.61 Shanghai increased 10.73 points or 0.31% to 3,497.28 Hang Seng decreased 46.18 points or -0.16% to 28,412.26 ASX 200 increased 15.60 points or 0.22% to 7,045.90 Kospi decreased 12.12 points or -0.38% to 3,144.30 […]

ASIA: Trade between China and the US continued an upward trend in the past four months, official data showed, highlighting inseparable economic relations between the two countries. In the first four months of the year, China’s trade with the US rose 50.3 percent year-on-year to 1.44 trillion yuan ($222.8 billion), making the US its third […]