ASIA:   The World Bank has maintained its economic growth forecast for India at 6.3% for the fiscal year 2024 (FY24), which is the same as its previous estimate in April. This growth projection is attributed to a slowdown from the 7.2% growth observed in FY23, primarily due to adverse global factors affecting foreign demand […]

Poland has not been attacked by terrorists because they do not allow them within their borders. MEP Dominik Tarczynski delivered a cutting speech addressed to the “Dear Leftists” who have lost in Polish elections eight consecutive times. He tells the left that they will continually lose because the people of Poland do not want illegal […]

Our founder, Martin Armstrong, began trading in the mid-1960s. He noticed that it did not matter what the investment was; everything would rally in the heat of a buying panic and then crash in the blink of an eye. His history teacher in high school brought in a black & white movie, The Toast of […]

ASIA:   The US and China have established two working groups to discuss economic and financial matters, as announced on September 22. This decision was made by US Treasury Secretary Janet Yellen and Chinese Vice-Premier He Lifeng during their meeting in Beijing in July. The economic group will involve collaboration between the US Treasury department […]

ASIA:   S&P Global Ratings has kept India’s growth forecast for the current fiscal year at 6%. This decision is based on factors such as the global economic slowdown, increased risk of below-average monsoons, and the delayed impact of interest rate hikes. Although the agency views the recent surge in vegetable prices as temporary, it […]

Italian PM Giorgia Meloni announced that Italy will begin cracking down on illegal immigration in the wake of the Lampedusa invasion. The small fishing island of Lampedusa in Sicily has seen its population double this month after countless African migrants arrived on shore. Meloni promised a tough stance on migration during her campaign yet illegal […]

ASIA:   China’s central bank, the People’s Bank of China (PBOC), has announced a second reduction in the reserve requirement ratio (RRR) for banks this year. This move, effective from September 15, involves a 25 basis point cut for all banks, excluding those with a 5% reserve ratio already in place. The reduction is aimed […]

ASIA:   In August, China’s consumer prices increased by 0.1% compared to the same period last year, marking a return to positive territory. This follows a 0.3% decrease in July. Core inflation, which excludes food and fuel prices, remained steady at 0.8% in August. Factory-gate prices, as measured by the producer price index (PPI), declined […]

ASIA:   Asia-Pacific markets experienced declines on Friday, with Japan’s Nikkei 225 falling 1.16% and erasing gains from the previous week, while the Topix was down 1.02% to close at 2,359.02. Japan’s second-quarter GDP growth was revised to 4.8%, lower than preliminary estimates of 6% and expectations of 5.5%. Hong Kong canceled trading for the […]

ASIA:   China’s top economic planner is establishing a new department called the private economy development bureau, aimed at supporting private businesses and boosting economic growth. This bureau will monitor and analyze the private sector, as well as formulate policies to promote its expansion. This move is part of China’s recent efforts to restore confidence […]