ASIA: Overseas investors disposed of a combined net total of $5.08 billion in Indonesian, Thai, Malaysian, South Korean, and Indian bonds last month, marking the biggest monthly outflow since March, regulatory data and bond market associations showed. The emerging Asia bonds were hit by a surge in U.S. yields and a jump in the U.S. […]

People are less likely to splurge for their daily morning $6 coffee amid a looming recession, and Starbucks stock is down over 30% this year. However, another main problem facing Starbucks stores is crime. CEO Howard Schultz announced that the company is closing 16 stores with “many more” closures to come. While potential union busting […]

Yet another shake-up among Schwab’s leaders. Estonia’s Prime Minister Kaja Kallas stepped down from her role on a technicality before being reappointed a day later. Kallas’ Reform Party reached an agreement with the Social Democrats and Isamaa Party to form a new three-party coalition. Estonia shares a 180-mile border with Russia and has strongly supported […]

Renters across the globe are in a bad spot as housing has become unaffordable. The situation is particularly bad in Australia where rentals have reached a high not seen since 2009. As of March, the average rental was A$600 per week, surpassing the mid-2018 high of A$550. The is not enough supply to meet demand. […]

COMMENT: I thought you were just a Trumper warning what would happen if Biden won. I have come back to your site because I can see inflation approaching 10% as you said and the dollar is rising which made no sense as gold stalled. I think you also said that real estate will decline perhaps […]

  ASIA: China will fare the worst if spiking inflation, slowing growth, and rising interest rates lead to stagflation, according to the results of a stress test of 20,000 companies conducted by credit rating agency, S&P Global Ratings. The company said over 90% of its sample was made up of unrated companies with debt totaling […]

Unemployment among the youth (16-24) in China has reached a record high of 18.4%. Unemployment is drastically more prevalent in this demographic compared to the nation as a whole where unemployment sits at 5.9%. Youth unemployment tends to be higher in most nations, with the US posting a 7.8% unemployment rate for the youth and […]

Italian Prime Minister Mario Draghi announced his resignation on Thursday after he fell out of favor with the Five Star Movement. Similar to Boris Johnson, once your own people turn their backs on you, it is time to bow out. “I want to announce that this evening I will present my resignation to the President […]

ASIA: Singapore’s economy grew 4.8 percent year-on-year in the second quarter of 2022, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Thursday (Jul 14). On a quarter-on-quarter seasonally adjusted basis, Singapore’s gross domestic product (GDP) was unchanged in the second quarter after posting an expansion of 0.9 percent in […]

Tamara Lich was one of the Canadian Freedom Convoy organizers. She made a cryptic video in February stating that the Canadian government hunting her down. Lich asked protestors to remain peaceful and said that she knew “this too shall pass.” It has not. Lich remains jailed in Ottawa since defying the government by demanding an end […]