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Market Talk – April 14, 2020

ASIA: India has extended its national lockdown until May 3, 2020. Prime Minister Modi announced this decision today in a televised address to the nation. After April 20, some states that have avoided outbreaks may be allowed to resume. The country has at least 10,363 reported cases, including 339 deaths, according to the Ministry of […]

Market Talk – April 8, 2020

ASIA: India is planning to extend its nation-wide lockdown after many state governments requested to extend the lockdown retaining all or most of the existing curbs. The likelihood of lifting the lid on mass transit such as trains, metros, and flights and on inter-state movement of people appears slim. India’s state governments are demanding help […]

Market Talk – April 7, 2020

ASIA: A group of Indian government ministers advised Prime Minister Narendra Modi to partially lift the lockdown imposed on March 25 for 21 days to sustain the livelihood of millions who have little to eat and to control the unemployment rate in the nation which has climbed to more than 20%. The panel has recommended […]

UN Wants Global Power to Tax 10% for the Coronavirus

Anyone who thinks for one second that I am exaggerating by calling this a global coup does not know me very well. I do not buy into conspiracy theories. I rely upon qualified sources – not rumor or conjecture. I have WARNED that we are facing a leftist coup of major proportions. I have warned […]

Market Talk – March 30, 2020

ASIA: Prime Minister Narendra Modi sought forgiveness from the nation’s poor for his 21-day nationwide lockdown. During his address on national radio on Sunday, PM Modi said there was no other option to control this pandemic. The nation-wide lockdown has resulted in the mass exodus of hundreds of thousands of migrant laborers working in the […]

Market Talk – March 27, 2020

ASIA:  The Reserve Bank of India’s Monetary Policy Committee met today and announced a series of measures to counter the economic slowdown caused by the novel coronavirus pandemic. The repo rate and reverse repo rate have been cut by 74 bps and 90 bps respectively. All commercial banks and lending institutions can allow a three-month […]

Market Talk – March 19, 2020

ASIA: India reported two more deaths due to the coronavirus, bringing the death toll to five. The Indian government announced a total ban on flights by scheduled international passenger aircraft at Indian airports from March 22 to 29. Prime Minister Narendra Modi requested in his address to the nation to not come out of their […]

Market Talk – March 17, 2020

ASIA: India closed the Taj Mahal, one of the world’s premier tourist destinations, to counter the COVID-19 virus outbreak in the country. India has so far managed to keep cases low by responding fast and aggressively to the coronavirus and urging people to practice social distancing. India has reported 125 cases of the coronavirus. India […]

Market Talk – March 5, 2020

ASIA: India’s Supreme Court has overturned India’s central bank’s decision that restricted banking access for virtual currency trading. Following this decision, cryptocurrency companies are expected to revive plans to invest and expand their business in India. India’s service sector activity gathered momentum in February driven by a quicker expansion in new work orders that supported […]

Market Talk – February 21, 2020

  ASIA: China ‘s powerful State Council has decided to waive some business contributions to social insurance plans through June, and emphasized that “stable employment” must be a priority. The policy moves also come as the country begins a gradual return to work in manufacturing, technology, and other major industries. China Passenger Car Association (CPCA) […]