Sri Lanka has defaulted on its debts for the first time in its history. It has faced an economic and political crisis triggered by global shock waves from the pandemic and the war in Ukraine. Inflation has hit 40% and the shortages of food, fuel, and medicines combined with the rolling power blackouts, have led […]

  ASIA: China is trying once again to lift the spirits of its huge tech industry after a bruising regulatory offensive that has weakened some of its biggest businesses at a time of stalling economic growth. In a rare public display of support for the private sector, Vice Premier Liu He said Tuesday that the […]

QUESTION: Marty, You were named hedge fund manager of the year in 1998 for producing the highest return during the Long Term Capital Management collapse over the Russian bond crisis. At the WEC in Orlando, you said in 2019 that we were facing a liquidity crisis that would be similar to that event. Well, the […]

Transportation Secretary Pete Buttigieg, the man who suggested everyone immediately switch to electric vehicles to combat the “Putin gas hike,” has a new message for American parents struggling to feed their babies – deal with it. Buttigieg appeared on CBS and could not contain his utter ignorance and lack of empathy. “This is a capitalist […]

ASIA: India’s wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market. India banned wheat exports on Saturday, just days after saying it was targeting record shipments of 10 million tonnes this year, as a scorching heatwave […]

The aid to Ukraine has got to stop. Any aid for the people should be through KNOWN charitable organizations. The more aid to Zelensky, the greater the war.

ASIA: China’s consumer and producer prices rose more than expected in April, according to data from the National Bureau of Statistics released Wednesday. The consumer price index rose by 2.1% last month from a year ago, boosted by a surge in energy and fresh vegetable costs. The reading topped expectations for a 1.8% rise forecast […]

QUESTION: Hi Martin, I work on defense issues for my job, but I am no Neocon. Second Strike works just fine too or more likely “Launch Under Attack” (LUA), and even with older weapons. Everybody goes down together and most likely via miscalculation especially given possible Nuclear Winter which given Volcano data actually looks plausible. No […]

ASIA: India has asked its central bank to either buy back government bonds or conduct open market operations to cool yields that have hit their highest since 2019, as inflation risks push foreign investors to sell, a government source told Reuters on Monday. The 10-year benchmark bond ended at 93.69 rupees on Monday, yielding 7.46%, […]

Krystal Ball provides a bipartisan view on the manipulation tactics that both Republicans and Democrats have been using throughout US history to gain votes. Remind the voters to hate the opposition who will turn their world into a dystopian nightmare — Vote for me and this time will be different! The reality is that most […]