ASIA: China is moving to spur spending that was depressed by COVID curbs in some of its biggest cities, but piecemeal measures such as vouchers, subsidies for car buyers and digital yuan payments have been modest compared with other big global economies. Policymakers have instead stuck to their preferred approach to stimulus, which focuses on […]

The European Central Bank (ECB) has a major crisis beginning. The free markets always win, and the spreads on the interest rates among the member of the EU are widening for Greece and Italy. Fools are telling Lagarde to use stronger language to signal that divergences among the member states will not be allowed to […]

ASIA: Global markets fell sharply on Monday as fears over rising inflation and a slowdown in China’s export growth fueled worries about the health of the world economy. Analysts said the slowdown showed that the world’s second largest economy was suffering from the lockdowns in big cities such as Shanghai, which have affected factory production […]

President Biden on Friday declined to rule out Ukraine having to cede part of its territory to Russia in order to end this standoff with Moscow. Biden claims he won’t tell Ukraine what to do within their own borders but it’s OK to call for the assassination or overthrow of Putin inside Russia. This whole […]

  ASIA: China “firmly” opposes a new trade initiative between Taiwan and the United States, the Commerce Ministry said on Thursday, a plan the government in Taipei says is a recognition of the key position the island plays in global supply chains. The United States and Taiwan announced the U.S.-Taiwan Initiative on 21st Century Trade […]

ASIA: India has allowed wheat shipments of 469,202 tonnes since banning most exports last month, but at least 1.7 million tonnes is lying at ports and could be damaged by looming monsoon rains, Reuters reported. Shipments that have been allowed moved mainly to Bangladesh, the Philippines, Tanzania and Malaysia, said a senior government official, who […]

Kremlin spokesman Dmitry Peskov is warning the US that they have become instigators in the Russia-Ukraine war. “We believe that the U.S. is deliberately pouring oil on the fire. The U.S. is obviously holding the line that it will fight Russia to the last Ukrainian,” Peskov recently told reporters, according to Reuters. Peskov’s warning comes […]

ASIA: China’s factory activity fell at a slower pace in May as COVID-19 curbs in major manufacturing hubs eased, but movement controls continued to weigh on demand and production, raising concerns about economic growth in the second quarter. The official manufacturing purchasing managers’ index (PMI) rose to 49.6 in May from 47.4 in April, the […]

QUESTION: After Texas, what reforms would you advise if any? GH ANSWER: There will be those who immediately advocate ending private gun ownership. They have no idea what they are talking about for real criminals do not buy their guns in stores. Much of the weapons the United States hands out in various countries to […]

The rumors keep flying that Putin has cancer and has a maximum of three years to live. The stories are claiming he is ‘losing his eyesight’ but all of this is unconfirmed coming from reports in recent weeks that have suggested the 69-year-old president’s health has been deteriorating quickly. Much of this propaganda from Ukraine […]