Shanghai went under a full lockdown at the end of March under China’s zero-COVID tolerance policy. When cases allegedly rose, China extended the lockdown indefinitely. Shanghai hosts the busiest container port in the world, and its inability to operate is contributing to the supply chain crisis in a profound way. A member of the EU […]

ASIA: Crisis-stricken Sri Lanka defaulted on its $51 billion external debt on Tuesday, calling the move a “last resort” after running out of foreign exchange to import desperately needed goods. Sri Lanka’s finance ministry said in a statement that creditors, including foreign governments, were free to capitalize any interest payments due to them from Tuesday […]

ASIA: China’s producer inflation for March was higher than expected. The producer price index surged 8.3% as compared with a year ago, official data showed Monday, above expectations for a 7.9% increase in a Reuters poll. Chinese consumer inflation also rose more than expected in March, with the consumer price index climbing 1.5% year-on-year. That […]

In 2014, California basically decriminalized theft by permitting shoplifters to take what they please, as long as it was under $950. Prop 47, the Safe Neighborhoods and Schools Act, emboldened criminals to do as they please with no repercussions as they cannot be prosecuted for a felony charge. California does not aggregate robberies, so a […]

Black Lives Matter (BLM) has become a money-laundering operation. The problematic organization used a catchy slogan to spread hate while the people in charge became millionaires. It recently came to light that the group purchased a mansion in Los Angeles for $6 million in October 2020 with charitable donations. Dyane Pascall, a BLM member with […]

QUESTION: So what do you think of the Supreme Court nominee? DA ANSWER: It is a joke. Biden ruled out everyone other than a black woman, which is in itself racist. This is all propaganda. In NYC, I have watched judges. A black judge will typically impose a harder sentence on someone who is black […]

ASIA: China’s five major state-owned banks have adopted a slew of measures to ease the residential mortgage burden for individual borrowers affected by the COVID-19 epidemic.  These steps include postponing mortgage repayments, extending repayment periods, as well as deferring principal and interest repayments on housing loans, the banks told Xinhua. Bank of China has urged […]

QUESTION: Marty; Socrates is always amazing. I understand this forecast of war and Russia comes from the computer and you wish you were wrong. There is a video out there also saying the Bucha is a false flag even showing that people pretending to be dead in the streets with no blood and then when […]

ASIA: Indian shares fell for a third straight session on Thursday, as global sentiment soured on hawkish US Federal Reserve minutes, while investors looked forward to the Reserve Bank of India’s policy decision on Friday amid rising inflationary pressures. The NSE Nifty 50 index declined 0.6% to 17,692.70, and the S&P BSE Sensex fell 0.5% […]

ASIA: Core consumer prices in Japan’s capital rose at the fastest pace in more than two years in March, propelled by energy costs that have hit a four-decade high following Russia’s invasion of Ukraine. The relentless uptrend in global commodity prices could ruin Japan’s fragile recovery from the pandemic, even as domestic COVID-19 infections wane […]