New York City is dying thanks to COVID. It has really killed Broadway. When I would often go to a play, the vast majority were tourists from overseas. I would often listen to the different languages being spoken around me. New York City is clearly dying as a mass exodus has taken place of not […]

ASIA: Indian refiners and at least one European refiner is re-evaluating their crude purchases to make room for Iranian oil in the second half of this year, anticipating that U.S. sanctions will be lifted, company officials and trading sources said. At least one European refiner has held in-depth discussions with Iran’s state oil firm NIOC […]

ASIA: The price of Bitcoin fell below $34,000 (£24,030) for the first time in three months on Wednesday, after China imposed fresh curbs on cryptocurrencies. Beijing banned banks and payment firms from providing services related to cryptocurrency transactions. Despite this, a major US based bank, Wells Fargo, said on Wednesday it would introduce professionally managed […]

ASIA: China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrencies, such as registration, trading, clearing and settlement, three industry bodies said in a […]

  I have been in meetings over the 40 years of my career, which were always dancing around the idea that we needed a one-world government. There have been those who have tried to get me drunk, hypnotize me to get me on a private jet to some secret place, to try to entice me […]

ASIA: China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. Factory output grew 9.8% in April from a year ago, in line with forecasts but slower than the 14.1% surge in March, National Bureau of Statistics […]

COMMENT: Dear Marty Something strange is happening with the European banks. For some time banks such as ING or CITCO have been closing down our company’s bank accounts claiming they cannot do business if the UBO owns more than 25% of the company. Now we are finding it near impossible to open new accounts with […]

I have written before how a friend of mine who is very senior at one of the investment banks in New York called to see if I would go to dinner. I thought he was here in Florida to catch a breath of fresh air and relax outside of what use to be called the […]

The Spanish parliament has passed an energy transition law to achieve climate neutrality by 2050. “As of today, Spain has a climate law on the basis of which it can resolutely build a green, sustainable, just future with prosperity for all,” said Spain’s Prime Minister Pedro Sánchez on Thursday’s parliamentary vote on Twitter. A central […]

ASIA: Singapore is locking down once again after a recent rise in cases. Although the lockdown will be less strict than prior requirements, authorities are urging people to work from home and limit gatherings to two people. The new restrictions will begin on Sunday and last for a month. The nation has already fully vaccinated […]