Spreading the truth. Empowering the people.
by WARREN MOSLER Still in contraction: China Imports Tumble in June Imports to China plunged 7.3 percent from a year earlier to USD 161.86 billion in June 2019, much worse … Read more
According to data from the United States International Trade Commission, cited by the Financial Times, U.S. imports of mobile phones from Vietnam more than doubled in the first four months of … Read more
by Shaun Richards Today gives an opportunity to head east and look at what is sometimes considered to be the engine room of the world economy looking forwards. We can … Read more
via @TaviCosta: One of the many cracks in a debt-loaded economy near implosion. Alligator jaws always snap shut.
From last night's #SteveSays: "The snooty establishment call Trump the ignoramus. He was right about China. The entire establishment got it wrong. Now as president, Donald Trump is delivering exactly … Read more
BREAKING: US set to impose tariffs on remaining $300 billion in Chinese imports — The Spectator Index (@spectatorindex) May 10, 2019 The Latest on the tariffs standoff between the United … Read more
This was a low-quality GDP report. All one-offs – lower imports, higher inventories & Pentagon spending. Real final private sales a puny 1.3%. Removing more lipstick from this pig shows … Read more
Last year, five nuclear reactors restarted their operations in Japan. They were part of a group of reactors that had been closed soon after the 2011 nuclear disaster in Fukushima. … Read more
via CNBC: The U.S. trade deficit in goods rose 12.8 percent in December, according to an advanced estimate from the Census Bureau. The move comes amid trade hostilities between the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter These unsettling tidbits about sudden problems on the demand-side in China. Imports by China and other emerging Asian economies in December plunged to the lowest level … Read more
by howmuch Now that the global trade war, started by United States President Donald Trump, is in full swing, many people want to learn the facts before passing judgement. Global … Read more
via RT: America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil … Read more
via yahoo: With little prospect of a restart for U.S.-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all … Read more
via WSJ: Brian Hook, who has been appointed as special representative and chief of a new Iran Action Group at the State Department, said the U.S. would issue waivers from … Read more
