ASIA: The Indian government is likely to stick to its fiscal deficit target as specified in the budget, and there may not necessarily be a need for increased government borrowing just yet, governor Shaktikanta Das said in an interview on Monday. Experts said the moves would likely increase fiscal concerns and raise doubts about the […]

According to politicians around the world, the Great Unwashed plebians should be grateful for the energy crisis. President Joe Biden recently declared that America is undergoing an “incredible transition” and we must suffer in order to reap the benefits. “Here’s the situation. And when it comes to the gas prices, we’re going through an incredible […]

ASIA: Earlier this week, China’s premier, Li Keqiang, warned that the world’s second-largest economy could struggle to record positive growth in the current quarter. “We will try to make sure the economy grows in the second quarter,” he said. A weaker yuan would probably help China’s export and trade balance, it would also make it […]

ASIA: US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan. Biden said he’s considering removing some of the tariffs and would talk with Treasury Secretary Janet Yellen about it after returning to the US […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 253.38 points or -0.94% to 26,748.14 Shanghai decreased 75.93 points or -2.41% to 3,070.93 Hang Seng decreased 357.96 points or -1.75% to 20,112.10 ASX 200 decreased 20.10 points or -0.28% to 7,128.80 Kospi decreased 41.51 points or -1.57% to 2,605.87 […]

  Everyone who voted for Biden will continue to see their future utterly destroyed. The climate change people are deliberately destroying the capacity to produce energy without any alternative in place. The word from DC is that they “do not give a sh-t” about the people. They want to destroy our ability to produce fossil […]

  ASIA: Southeast Asian nations are in store for a tougher trade environment as China’s economic growth slows due to hardline coronavirus controls, experts say, while the US attempts to boost engagement with the region are unlikely to offset falling demand. China’s economy is facing a number of headwinds – from new outbreaks to a […]

  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 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 508.36 points or -1.89% to 26,402.84 Shanghai increased 10.99 points or 0.36% to 3,096.96 Hang Seng decreased 523.60 points or -2.54% to 20,120.68 ASX 200 decreased 118.20 points or -1.65% to 7,064.50 Kospi decreased 33.64 points or -1.28% to 2,592.34 […]

COMMENT: Hi Martin! Thank you for all you do. I was discussing the baby formula shortage with my 94-year-old Italian grandmother, and it opened my eyes to how resourceful people can be when left with no alternatives. Baby formula was not an option in Sicily when her children were born. In fact, she did not […]