ASIA: China has told the US, the UK and Australia to abandon their “cold war” mentality or risk harming their own interests after the three countries unveiled a new defence cooperation pact. The trilateral security partnership, named Aukus, was announced on Thursday by the three nations’ leaders via video link, and will include an 18-month plan […]

We are getting reports claiming that Slovenia just today has issued series of new COVID measures, including that you can’t buy fuel at the gas station without covid-pass. We are trying to verify this other than emails from Slovenia. We will report if we can find any confirmation from official sources. If this proves true, […]

ASIA: China’s dramatic steps to contain the coronavirus this summer have taken a toll on consumer confidence in the country and are fueling concerns about the strength of the world’s second largest economy. Retail sales struggled in August, increasing just 2.5% compared to a year earlier, according to government statistics released Wednesday. That was much […]

ASIA: China’s sprawling real estate developer, Evergrande, has the distinction of being the world’s most debt-saddled property developer and has been on life support for months. The rating agency Fitch said this week that default “appears probable.” Moody’s, another ratings agency, said Evergrande is out of cash and time. Evergrande is faced with more than […]

ASIA: Japan’s wholesale inflation hovered near a 13-year high in August as raw material imports continued to rise on solid global demand, data showed on Monday, putting pressure on companies to pass on higher costs to households. Many analysts, however, expect companies to keep any price hike moderate as a state of emergency curbs to […]

COMMENT: Marty, You have been right about everything! This nightmare has unfolded exactly as you said it would globally not just here in the USA and nobody listened. I have attended many WEC’s and I’m so grateful for you and your staff. This feels hopeless. Is it time to leave the US? Where to? I’m […]

QUESTION: Marty; I had covid-19 and it was like the flu. Why do I have to now get vaccinated? I have never heard of getting the flu and then the doctor tells you to get the vaccine after the fact. I agree something is not right. This must be part of some sinister agenda. Any […]

ASIA: The SENSEX and Nifty50 were closed today to honor Ganesh Chaturthi. We wish those celebrating a happy holiday. The major Asian stock markets had a green day today: NIKKEI 225 increased 373.65 points or 1.25% to 30,381.84 Shanghai increased 9.98 points or 0.27% to 3,703.11 Hang Seng increased 489.91 or 1.91% to 26,205.91 ASX […]

The European Central Bank (ECB) has kept its monetary policy unchanged. However, it did slow down the pace of net asset purchases under its pandemic emergency purchase program. The ECB’s main refinancing operations remain at 0%, on the marginal lending facility at 0.25%, and on the deposit facility at -0.5%. The ECB said that it […]

ASIA: China’s GDP grew by 7.9% year on year in the second quarter of 2021, which was lower than the Caixin survey of economists that showed the median estimate for the second quarter was 8.2% growth. Chinese economists broadly agree that China’s potential growth rate is 6%. So, taking into consideration the base effect, China’s […]