On Wire

Breaking news, updates, and reports on current events.

China Tech Stocks Slump as Nation Issues Draft Competition Rules

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(Bloomberg) — China’s latest moves to tighten its grip on internet giants helped trigger a fifth consecutive day of selling in the nation’s bellwether technology stocks. The Hang Seng Tech Index dropped 3.1%, after the market regulator issued draft rules banning unfair competition among online platform operators. Alibaba Group Holding Ltd. fell nearly 5% and … Read more

Chinese Insist on Mandarin Only..No Local Dialects

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BEIJING – Hosts in China’s livestreaming industry should speak Mandarin and dress appropriately when they market products online, the country’s commerce ministry said on Wednesday, as it looks to tighten its oversight of the sector. Livestreaming marketing has seen its popularity surge in the last two years among brands like L’Oreal, Nike (NYSE:NKE), Dyson and … Read more

Taliban will be allowed to STAY on Twitter – as long as they don’t ‘glorify violence’ – but ex-president Trump is still banned

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Twitter refused to join its social media counterparts in banning the Taliban from its platform but permanently suspended Donald Trump’s account Facebook, WhatsApp, Instagram, TikTok and YouTube have all banned and terminated accounts that are related to, promote or praise the Taliban On Tues The social media giant used this justification to permanently ban Donald … Read more

Homebuilder confidence sinks to 13-month low

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Homebuilder confidence fell to a 13-month low in August as higher material costs and home prices hurt sentiment. The National Association of Homebuilder’s/Wells Fargo Housing Market Index declined by 5 points in August to 75, the lowest reading since July 2020. Any reading above 80 signals strong demand. The index can range between 0 and … Read more

Crisis management skills? They really ought to question his cognitive functions.

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Biden’s crisis management and communication under scrutiny amid Afghanistan collapse President Joe Biden’s crisis management skills are being questioned after the White House underestimated public reaction to the Taliban taking control of Afghanistan and was slow to address the nation about the messy conclusion to the 20-year war. Though the precarious conditions in Kabul appear … Read more

RED WAVE incoming…

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In what could be an indicator of things to come in the 2022 mid-term election, the GOP flipped a state senate seat in a Connecticut special election on Tuesday night – the first flip for either party in 2021. The Republican State Leadership Committee (RSLC) announced in an email: State Republicans tonight delivered the first flip … Read more

Audit Takes Massive Turn — Release Date Revealed

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The final report from Maricopa County, Arizona, is expected to be released in the very near future. Arizona Republican Senate President Karen Fann announced on Twitter that the audit report is being prepared for presentation to the Senate. It will then be reviewed for accuracy and clarity and released to the public. READ MORE HERE

Central Banks Are Now in the Endgame

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By Egon von Greyerz Central bankers were handed the Midas curse half a century ago. Midas turned everything that he touched into gold– even his own food. Exactly 50 years ago (15 Aug, 1971) central bankers were handed a much worse curse by Nixon. But instead of turning everything into gold, their curse was to turn … Read more

George Gammon: Is The US Headed Towards A Civil War?

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Rebel Capitalist, Released on 8/17/21 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more

Biden’s Disgraceful Management of Afghanistan

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by Martin Armstrong The White House released this photo of Biden’s national security meeting concerning Afghanistan. Anyone who has been forced to work virtually knows one thing — it sucks! A trading room was vibrant because when people work together in a common office, you get far more done than individually. The financial markets would NEVER have … Read more

The Collapse Of Afghanistan Has Brought Us A Lot Closer To A Chinese Invasion Of Taiwan

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by Michael Snyder The way that the Biden administration has handled the U.S. withdrawal from Afghanistan is not going to bring peace.  Instead, I believe that it is going to result in more war.  For decades, the overwhelming strength of the United States restrained other major powers from becoming too adventurous.  But now the stunning defeat … Read more

Nolte — Biden’s presidency has collapsed…

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What we are witnessing today is the end of Joe Biden’s presidency… Afghanistan was merely the last straw… Joe Biden Lost Entire Country in a Single Day After 20 years, thousands of American lives, and trillions of dollars, Afghanistan collapsed in a single day. Think about the extent of that failure. All those years, all … Read more