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 […]

Inflation was transitory. Now, the credit rating of the United States plummeting from AAA to AA+ by Fitch is “arbitrary,” according to Treasury Secretary Janet Yellen. “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 129.05 points or -0.42% to 30,957.77 Shanghai decreased 50.23 points or -1.52% to 3,246.24 Hang Seng decreased 246.92 points or -1.25% to 19,431.25 ASX 200 decreased 3.40 points or -0.05% to 7,259.90 Kospi increased 10.47 points or 0.41% to 2,567.55 […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 129.05 points or -0.42% to 30,957.77 Shanghai decreased 50.23 points or -1.52% to 3,246.24 Hang Seng decreased 246.92 points or -1.25% to 19,431.25 ASX 200 decreased 3.40 points or -0.05% to 7,259.90 Kospi increased 10.47 points or 0.41% to 2,567.55 […]

ASIA:   China’s benchmark lending rates have remained unchanged for the ninth consecutive month in May, aligning with market expectations. The decision was influenced by factors such as a weakening yuan and widening yield differentials with the United States, which limited the potential for significant monetary easing. Although recent data indicated a slowdown in the […]

ASIA:   Singapore’s March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than forecast. On a seasonally adjusted month-on-month basis, NODX increased 18.4%, Enterprise Singapore data showed, versus the prior month’s 8.2% decline. Economists had forecast 1.7% growth. The trade […]

ASIA:   China’s central bank kept interest rates unchanged while increasing liquidity injections for a fourth consecutive month, with the aim of supplying the market with enough long-term funds. The move also indicates policymakers’ comfort with the country’s modest economic growth target for this year, set at around 5%, which is at the lower end […]

ASIA:   Xi Jinping secured a precedent-breaking third term as president of China on Friday during a parliamentary session in which he tightened his control of the world’s second-largest economy as it emerges from a COVID slump and diplomatic challenges mount. Nearly 3,000 members of China’s rubber-stamp parliament, the National People’s Congress (NPC), voted unanimously […]

Watch the video above or click here for the latest interview with USAWatchdog. Commentary from Greg Hunter: Legendary financial and geopolitical cycle analyst Martin Armstrong said at the end of last year the U.S. is being set up for a “nightmare fall.” Train derailments and political problems are spinning out of control, but the biggest […]

  QUESTION: Marty; Why would Biden allow the billions he is sending to fill the pensions of government workers in Ukraine? YD ANSWER: This video has been going viral. However, this was from the beginning – of April 28th, 2022. The pensions are all the Ukrainian politicians – not the people. This is the kickback […]