More Falls Coming in China Stocks

More Falls Coming in China Stocks

Shanghai is the world’s worst-performing major stock market this year despite respectable corporate earnings, a disconnect which is feeding growing talk that Chinese equities are now a screaming buy. Not so fast, say brokers and analysts, who warn shares have further to fall due to US-China trade squabbling, slowing Chinese economic growth, and a government […]

Buy Emerging Markets as Trade War Bites

Buy Emerging Markets as Trade War Bites

China is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries — loosely defined as having fast growing but volatile economies — have seen their currencies battered in recent weeks, plunging their finances into turmoil, and raising fears […]

Horse Racing: The World’s Most Complex Team Sport

Horse Racing: The World’s Most Complex Team Sport

Horse Racing: The World’s Most Complex Team Sport My contribution to the Horsetech Conference Market Report, the full report covers everything from diet, medicine and psychology and is a must read for any one in the industry. As the victor returns to the winners circle and the proud connections pose for their photo, what you […]

Hillary Clinton Caught Lying About Brett Kavanaugh

Hillary Clinton Caught Lying About Brett Kavanaugh

Hillary Clinton came out swinging against Supreme Court nominee Brett Kavanaugh, bashing the judge for his hardline statements against contraception. The problem: he never said them. Kavanaugh’s confirmation hearings dragged on over three bitter days last week, as Democrats took the judge to task over his opinions on abortion, gun rights, affirmative action, and the […]

JPMorgan are predicting the next financial crisis to strike in 2020

JPMorgan are predicting the next financial crisis to strike in 2020

JPMorgan are predicting the next financial crisis to strike in 2020 With the 10th anniversary approaching of the catalyst for the last major global stock market crash – the Lehman Brothers’ collapse – strategists from JPMorgan are predicting the next financial crisis to strike in 2020. Wall Street’s largest investment bank analyzed the causes of […]

US Backs Terrorists in Syria

US Backs Terrorists in Syria

Washington is seeking to obstruct moves towards peace to “artificially prolong” the conflict in Syria by saving Al-Qaeda-linked terrorists from imminent defeat, Russian Foreign Ministry spokesperson Maria Zakharova has said. The US is obviously struggling to justify its military presence on Syrian territory as it uses officials and biased media to prepare the world for […]

China May Shake Markets

China May Shake Markets

The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilised. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports towards personal consumption, while at the same time battling a mountain […]

Facebook will Control Political Truths

Facebook will Control Political Truths

Facebook is better prepared to defend against efforts to manipulate the platform to influence elections and has recently thwarted foreign influence campaigns targeting several countries, chief executive Mark Zuckerberg said Thursday. From no on Facebook will decide what political news you see. Zuckerberg, posting on his Facebook page, outlined a series of steps the leading […]

Did Google Hack the 2016 Election

Did Google Hack the 2016 Election Video of an internal Google meeting shows the company’s top officials talking about using AI to fight populism and “low-information voters” in the wake of Donald Trump’s victory in the 2016 US presidential election. The 1-hour “confidential, for internal use only” video was posted by Breitbart on Wednesday. It […]

The EU are the New Nazi’s

The EU are the New Nazi’s

The EU are the New Nazi’s The EU parliament’s vote to trigger Article 7, allowing punitive measures against Hungary, has provoked disbelief and indignation, with commentators describing the “authoritarian” move as contrary to the bloc’s own self-interests. Citing Hungary’s anti-immigration policies and concerns about “media suppression,” the European Parliament voted on Wednesday to invoke the […]

Nikki Haley Extends Support for Terrorists

Nikki Haley Extends Support for Terrorists

Nikki Haley Extends Support for Terrorists Any attack on Syria’s Idlib province is going to be “dealt with,” US ambassador to the UN Nikki Haley warned, as Washington seeks to stop the Russian-backed Syrian army from retaking the last remaining jihadist stronghold. The US has struck Syria twice after claims of chemical weapons use by […]

Tesla Executives Run for the Door, is this Enron 2.0?

Tesla Executives Run for the Door, is this Enron 2.0?

Tesla Executives Run for the Door, is this Enron 2.0? Tesla confirmed on Wednesday that finance executive Justin McAnear is leaving the electric car maker as it strives to become profitable by the end of the year. Word that McAnear was heading for the off-ramp followed chief accounting officer Dave Morton’s departure after just a […]

Russia Slams US Sanctions

Russia Slams US Sanctions

Russia’s top diplomat Sergei Lavrov condemned US foreign policy on Wednesday, stoking tensions between the two powers by accusing Washington of imposing sanctions before it enters negotiations. Moscow has faced increasingly harsh punitive measures since angering the West and Kiev by annexing Crimea in 2014 and backing separatist rebels in eastern Ukraine. In recent months […]

Protectionism and the World Economic Forum

Protectionism and the World Economic Forum

Protectionism and the World Economic Forum China warned Wednesday that protectionism poses a “serious hazard” to growth and cautioned “individual countries” against isolationism, in a veiled reference to the deepening trade spat between Washington and Beijing. The comments from China’s vice premier comes as the world’s top two economic powers edged closer to an all-out […]

The Next Euro Crisis

The Next Euro Crisis

The Next Euro Crisis With trade tensions, an Italian government bucking at deficit limits and emerging market currency woes threatening the eurozone, observers will look to the European Central Bank for reassurance Thursday, while policymakers strive to project stability. Since July, when ECB President Mario Draghi proclaimed “confidence” in the outlook for growth and inflation, […]

Trade War Creates Opportunities

Trade War Creates Opportunities

A growing number of Chinese companies are adopting a crafty way to evade US President Donald Trump’s tariffs: remove the “Made in China” label by shifting production to countries such as Vietnam, Serbia and Mexico. The world’s two largest economies have been locked in a months-long trade fight after Trump imposed 25 percent customs duties […]

Argentina Under Pressure

Argentina Under Pressure

Argentina Under Pressure Argentine President Mauricio Macri’s government will continue discussions with the International Monetary Fund this week as efforts to stave off an economic crisis multiply. It will be a crucial week for Macri and his government after a turbulent few months in which the currency has been badly hit by a crisis of […]

Trade War Hits Europe

Trade War Hits Europe

Top officials from the US and EU meet in Brussels on Monday in an effort to iron out differences on trade talks announced to great fanfare this summer. US President Donald Trump and European Commission head Jean-Claude Juncker in July pledged to hold off from further tit-for-tat tariffs and to work towards a limited trade […]

Turkey Must Act to Save Economy

Turkey Must Act to Save Economy

Turkey’s economic growth slowed to 0.9 percent in the second quarter, official statistics showed on Monday, with further declines expected as the impact of the tumble in the value of the lira begins to show up in the data. The second quarter performance was down considerably from the 1.5 percent seasonally-adjusted quarter-on-quarter growth registered in […]

Muslim Refugee Goes on Terror Rampage in Paris

Muslim Refugee Goes on Terror Rampage in Paris

At least seven people have been injured, four seriously, in Paris after a man attacked people with a knife and an iron bar at two separate locations. The attacker is believed to be an Afghan national. In an initial incident, the attacker wounded three people in front of a cinema in the 19th arrondissement late […]

Asia Lower on Trade Fears

Asia Lower on Trade Fears

Donald Trump’s latest threat to impose tariffs on all Chinese imports sent Asian markets tumbling Monday on growing fears of an all-out trade war between the world’s top two economies. The president’s comments Friday added to the uncertainty on trading floors, which have also been hit by a concerns of a brewing financial crisis in […]

The Next Financial Crisis

The Next Financial Crisis

The Next Financial Crisis The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund (IMF). In an interview with AFP, the now-disgraced Strauss-Kahn — who ran the fund at the height of the 2008 […]

Elon Musk Trying to Destroy Tesla

Elon Musk Trying to Destroy Tesla

Elon Musk Trying to Destroy Tesla The Fake Buy-Out Tweet The Stupid Tube for a Cave Rescue in Thailand On going Public Despite with a Thai Rescuer Publicly Smoking Marijuana A lawsuit filed Thursday accused Musk of trying to burn short-sellers (those betting that Tesla’s share price would decrease) in the market. “This appears to […]

South Africa Declares War on White Farmers

South Africa Declares War on White Farmers

South Africa Declares War on White Farmers The controversial land-confiscation policy proposed by the Ramaphosa-led Racist ANC government could ignite clashes among South African citizens, who are split into two rival camps on the issue along racial lines. The new legislation allowing land seizure without compensation, which was proposed by the ruling African National Congress […]

Hottest Trends in Tech

Hottest Trends in Tech

Europe’s biggest tech fair, Berlin’s IFA, opens its doors Friday with a flood of new product launches. Here are some of the top trends making waves along the aisles: – Future TV: higher resolution, bigger screens – With four times as many pixels as today’s 4K ultra-high-definition (UHD) screens, the latest 8K TV sets have […]

Forex Major Pairs Morning Briefing

Forex Major Pairs Morning Briefing

Forex Major Pairs Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: We are at important marks in most currencies. There is the chance that the current USD’s strength could see a correction/reversal next month. This become bigger if certain Support and Resistances hold. PE Note: Watch out for crucial resistances on EUR at 1.1675-1.1700 and on Sterling at 1.2872, if breached, […]

Russia Takes Over Global Coal Market

Russia Takes Over Global Coal Market

Russia Takes Over Global Coal Market Russian President Vladimir Putin has announced plans to expand the country’s coal exports on the global markets as the Australians are shut out of the market by their own government. “Last year, domestic companies exported more than 190 million tons of coal,” the president said, noting that Russia is […]

Refugees Murder German Man Sparking Outrage

Police called in reinforcements as hundreds of protesters, including far-right activists, hit the streets in the German city of Chemnitz after the death of a native in a brawl. Two suspects, a Syrian and an Iraqi, were detained. The right-wing “Kaotic Chemnitz” (Chaotic Chemnitz) football fan group is said to have called for the Sunday […]

Facebook Plays Politics in Myanmar

Facebook Plays Politics in Myanmar

Facebook Plays Politics in Myanmar Facebook banned Myanmar’s army chief and other top military brass on Monday after a biased UN investigation recommended they face prosecution for genocide for a crackdown on Rohingya Muslims that was really Myanmar defending themselves against terrorist attacks. The site is the prime source of news and information for many […]

Australian Banks Prey on Average Australians

Australian Banks Prey on Average Australians

Australian Banks Prey on Average Australians The big 4 banks in Australia have operated in an environment of complete protection with competition regulated out of the market, the result has been a disaster for Australians. Australia must deregulate to allow greater competition and give Australians access to better banking, the idea that these 4 banks […]

Syria and Iran Strengthen Ties

Syria and Iran Strengthen Ties

Syrian President Bashar al-Assad on Sunday underscored the importance of placing long-term cooperation plans between Iran and Syria in the face of the challenges, according to the state news agency SANA. Assad made the remarks during his meeting with the visiting Iranian Defense Minister Amir Hatami, who arrived in Syria on Sunday to hold meetings […]

Scott Morrison Set to Fail Australia

Scott Morrison Set to Fail Australia

Scott Morrison Set to Fail Australia Scott Morrison is a disaster for Australia, he will immediately fail the nation with his pro-multiculturalism stance. According to his own website Australia is one of the most successful multicultural societies in the world. Cultural diversity is one of our greatest assets – sparking innovation, creativity and vitality. It […]

US Housing Report Points to Possible Correction

US Housing Report Points to Possible Correction

US Housing Report Points to Possible Correction US sales of newly-built single-family homes fell to a nine-month low in July, marking the second straight decline and underscoring weakness in the housing sector. The result was a downcast start to the third quarter for the housing sector, which is unlikely to contribute to GDP growth in […]

Australia for Australians

Australia for Australians

Australia for Australians While this proposition seems to be an issue in Australian politics I fail to see how the idea is racist any way. A country’s primary responsibility should be to it’s citizens not every economic or political refugee floating around the planet, the country does not need to be handing out foreign aid […]

Europe is an Economic Disaster

Europe is an Economic Disaster

Greece will formally turn the page on its debt saga this week, but the eurozone remains vulnerable to further crises, with economists particularly worried about the situation in Italy. After eight long years and three austerity-heavy bailouts, Athens will on Monday formally leave the financial rescue umbrella of its creditors from the EU and International […]

Fall in Copper Price May Indicate Global Correction

Fall in Copper Price May Indicate Global Correction

The plunge in the price of copper by more than 20 percent since the beginning of June has worried analysts who see it as a bad signal for the global economy. The red metal has acquired the sobriquet Doctor Copper for its ability to take the temperature of the world economy. – Why trust Dr […]

America’s Socialists Should Take a Look at Venezuela

America’s Socialists Should Take a Look at Venezuela

America’s Socialists Should Take a Look at Venezuela Venezuela has had there experiment with Socialism running for sometime, and the results are the same as all Socialist models, failure, complete and utter failure. Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation […]

Pauline Hanson on Immigration in Australia

Pauline Hanson on Immigration in Australia

Last week Senator Pauline Hanson introduced her Plebiscite (Future Migration level) Bill 2018 to the Senate. The Bill proposes to give voters a say on whether Australia’s immigration levels are too high by casting a vote at the next general election. “For years the people of Australia have had immigration and population levels dictated to […]

Musk is Setting the Stage for his Tesla “Poor Me” Defense

Musk is Setting the Stage for his Tesla “Poor Me” Defense

Musk is Setting the Stage for his Tesla “Poor Me” Defense Musk knows trouble is coming and he is laying the ground work to defend any legal proceedings. Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which […]

China and the Moral Dilemma at Google

China and the Moral Dilemma at Google

China and the Moral Dilemma at Google Will politics beat shareholders interests? Google workers’ outrage over the notion of censoring searches to appease Chinese officials highlights the dilemma US tech companies face in accessing the lucrative market. Using technology to make the world better is a well-worn mantra in Silicon Valley, preached so strongly by […]

Musk Builds Excuse for Tesla Tweet

Musk Builds Excuse for Tesla Tweet

Musk Builds Excuse for Tesla Tweet Elon Musk has claimed exhaustion from overwork as he deals with the aftermath of a market-rattling tweet on taking Tesla private — a mess that worsened with reports that US regulators subpoenaed him over the statement. “This past year has been the most difficult and painful year of my […]

National Energy Guarantee a Failure for Australia

National Energy Guarantee a Failure for Australia

National Energy Guarantee a Failure for Australia Australia’s proposed National Energy Guarantee falls short of delivering much needed saving for the Australian’s. The plan is simply additional paperwork, a legal framework and structure that is bound to create additional costs for Australian Consumers. All subsidies on Renewable Energy must end immediately, the penalties on coal […]

No More Beauty Pageants

No More Beauty Pageants

No More Beauty Pageants As Liberal madness sweeps the world the nutters in charge of Miss Germany have followed the nutters in charge of Miss America to turn beauty pageants in to “personality contests” but not any personality is welcome, what they want are devout Liberals who will discuss things like Social Issues, and of […]

Media Silent on Racist South Africa

Media Silent on Racist South Africa

A list of white farmers whose lands are to be seized without compensation in South Africa has been published by the local minority rights group AfriForum. The government denies the accuracy of the list. The group has uploaded the list of the next land-expropriation victims on its website. AfriForum said it obtained the list through […]

Trump Goes All in on Iran

Trump Goes All in on Iran

The US is creating a so-called Iran Action Group, US Secretary of State Mike Pompeo has announced, adding that Brian Hook will lead the group in order to spur “international support for our efforts.” Speaking at the Thursday State Department briefing, Pompeo claimed that the world is demanding change in Iran’s behavior, so that it […]

Refugees Burn Sweden, Australia is Next

Refugees Burn Sweden, Australia is Next Swedish authorities much like their counterparts in Australia have long denied the problems associated with the massive influx of refugees. Like Australia’s “No African Gang Problem” Sweden too ignored all of the early indications of trouble, the massive spike in crime, women not safe on the streets in some […]

Australia Should Follow New Zealand and Ban Foreign Ownership

Australia Should Follow New Zealand and Ban Foreign Ownership

Australia Should Follow New Zealand and Ban Foreign Ownership Australians have been over taxed and severely handicapped financially over the last 30 years, while other countries have encouraged small business, created a citizen friendly financial system and political system. In Australia small business and workers have been treated like the enemy of the state while […]

Democrats Back Socialist Man in a Dress to Lead Vermont

Democrats Back Socialist Man in a Dress to Lead Vermont

Democrats Back Socialist Man in a Dress to Lead Vermont So if you put a man in a dress and he promotes socialism it is not politically correct to attack that proposition, well not for us Dave Hallquist now calls himself Christine Hallquist and is a socialist. The election of these alternate lifestyle people is […]

Has Trump Created a Monster

Has Trump Created a Monster

Has Trump Created a Monster The trade battle started by the USA has had a not-so-unexpected consequence, China and Russia have been had at work building international allies to fight the US sanctions. New trade deals have been done at an alarming rate across the world, Americas inaction in South America and Africa have left […]

Putin Makes his Play for North Korea as America Drags Feet

Putin Makes his Play for North Korea as America Drags Feet

Russian President Vladimir Putin has expressed hope for a summit with North Korean leader Kim Jong-un at an early date, Pyongyang’s state media said Wednesday. The message was delivered to the North’s leader as Putin congratulated North Korea on the 73rd anniversary of Korea’s liberation from Japan’s 1910-45 colonial rule, according to the Korean Central […]

China Continues to Seek FDI

China Continues to Seek FDI

China’s securities regulator said it will allow individual foreign investors working in the country to buy and sell yuan-dominated Chinese A-shares, the latest incremental step by Beijing to widen access to its long-cloistered equities markets. The change would go into effect on September 15 and also applies to foreign employees of Chinese-listed companies who are […]

Soros Behind Social Media Censorship?

Soros Behind Social Media Censorship?

Months after denouncing social media as a “menace to society,” controversial billionaire George Soros is again investing into Facebook, Twitter and streaming services Spotify and Pandora, while scaling back his Google holdings. With hedge funds filing their second-quarter statements with regulators this week, it has emerged that Soros Fund Management LLC is once again investing […]

FacebookZoo Ant-Facebook Proving Popular

FacebookZoo Ant-Facebook Proving Popular

FacebookZoo, hosted on niche publishing platform Maven, went live on Tuesday. It aims to give disgruntled publishers an avenue to criticize the company’s censorship policy, as well as outline how its “ever-changing algorithms” have drastically affected their livelihoods in favor of shareholder profit. The new anti-Facebook blog, giving small and mid-sized publishers a place to […]

Asian Markets Bet on Success in Trade War

Asian Markets Bet on Success in Trade War

Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey’s financial crisis but later pared losses on news that China and the US would hold trade talks. Equities across the region suffered steep losses at the opening bell, with Tokyo and Shanghai off by more than one percent, dragged down […]

China Seeks to Settle Trade War

China Seeks to Settle Trade War

China Seeks to Settle Trade War China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said Thursday, the first public meeting on the subject in weeks as the trade conflict intensifies. Vice Commerce Minister Wang Shouwen, the deputy representative on international trade negotiations, will […]

Japan Hit with Trade War Losses

Japan Hit with Trade War Losses

Japan Hit with Trade War Losses Japan’s politically sensitive trade surplus with the United States shrank sharply in July, according to official data published Thursday, as the two allies continue to cross swords over US trade policy. The surplus with the US shrank 22.1 percent with reduced shipments of motor vehicles and microchip-making equipment dragging […]

Oceans Continue to Warm

Oceans Continue to Warm

Oceans Continue to Warm The number of days marked by potentially destructive ocean heatwaves has doubled in 35 years, and will multiply another five-fold at current rates of climate change, scientists warned Wednesday. Even if humanity does manage to cap global warming “well below” two degrees Celsius (3.6 degrees Fahrenheit), as called for in the […]

Uber Getting Ugly

Uber Getting Ugly

Uber on Wednesday disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and other “big bets.” The San Francisco-based smartphone ride star reported it lost $891 million on net revenue of $2.8 billion, while overall bookings rose to $12 billion. “We had another great quarter, continuing to grow […]

Tesla is all Trouble

Tesla is all Trouble

Tesla is all Trouble A former Tesla technician took to Twitter to detail what he says is extensive evidence of malpractice and waste at the electric carmaker’s factories, and potentially deadly battery defects in its cars. Martin Tripp is a former Tesla technician who used to work in the electric carmaker’s dystopian-sounding Gigafactory 1 battery […]

Are US Companies Above the Constitution?

Are US Companies Above the Constitution?

Are US Companies Above the Constitution? It seems in the case of Alex Jones the answer is a resounding yes. Alex Jones might be an idiot but he broke no laws, however in banning him Google, Facebook and Twitter have breached his constitutional rights. First Amendment – Religion and Expression. Congress shall make no law […]

Qatar Dumps Trump Backs Turkey

Qatar Dumps Trump Backs Turkey

Qatar has pledged $15 billion of direct investment in Turkey’s financial markets and banks. The news comes in a statement released on Turkey’s President’s website following his meeting with Qatar’s Emir Tamim bin Hamad Al Thani. “The Turkish President and Emir of Qatar met today [Wednesday[ in the presidential complex in Ankara. They have exchanged […]

Palm Beach Polo Tainted by Glenn Straub #MeToo Troubles

Palm Beach Polo Tainted by Glenn Straub #MeToo Troubles

Palm Beach Polo Tainted by Glenn Straub #MeToo Troubles A South Florida fixture for more than Three decades, Palm Beach Polo Golf and Country Club is a landmark of luxury living and world-class sporting in the heart of America’s equestrian capital, Wellington, Florida. But no matter how manicured the lawns or refined the residents, the […]

Sell the German Rally

Sell the German Rally

Sell the German Rally Germany’s economy rebounded from a first-quarter slowdown to book 0.5 percent quarter-on-quarter growth between April and June, federal statistics authority Destatis said Tuesday in preliminary data but this looks like a misleading indicator. Analysts surveyed by data company Factset had predicted expansion would remain at the level seen between January and […]

Australia to Increase Spying on Citizens

Australia to Increase Spying on Citizens

Tech companies could face fines of up to Aus$10 million (US$7.3 million) if they fail to hand over customer information or data to Australian police under tough cyber laws unveiled Tuesday. The government is updating its communication laws to compel local and international providers to co-operate with law enforcement agencies, saying criminals were using technology, […]

China Takes an Economic Hit in Trade War

China Takes an Economic Hit in Trade War

The Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record low in the first seven months of the year and retail sales slowed. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports and towards personal consumption, while at the […]

Fighting Terrorism in Yemen

Fighting Terrorism in Yemen

Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, stated that the UAE, as part of the Arab Coalition, led by Saudi Arabia, is committed to combatting terrorism and confronting and destroying Al Qaeda in Yemen. He also pointed out that their operations in Yemen include facing the Houthis militia and confronting the […]

Palm Beach News: Palm House Mystery Deepens

Palm Beach News: Palm House Mystery Deepens

Palm Beach News: Palm House Mystery Deepens Those following the Palm Beach drama of Palm House Hotel would now be in a state of total confusion. After the FBI made a very public arrest of Robert Matthews, he was slapped with charges that he masterminded a scheme to defraud EB5 investors of $50m. At the […]

Tesla Looks to be in Trouble

Tesla Looks to be in Trouble

Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private. Many in US financial circles are wondering where he will he get all this money, and have turned skeptical despite the reverence in which they normally […]

China Performing Well Under Trade War Conditions

China Performing Well Under Trade War Conditions

China Performing Well Under Trade War Conditions China’s imports of automobiles surged in July after lower tariff rates went into effect, data showed. In July, China imported 165,000 units of automobiles and chassis, up 50 percent year on year, data from the General Administration of Customs showed. In U.S. dollar terms, the value of imported […]

Glenn Straub: Palm Beach #MeToo Investigation?

Glenn Straub: Palm Beach #MeToo Investigation?

Glenn Straub: Palm Beach #MeToo Investigation? The billionaire Glenn Straub, 70, president of the Palm Beach Polo & Country Club, Glenn Straub, is already under criminal investigation, according to the Broward State Attorney’s Office and we at LTN will be publishing a series of articles investigating a possible #MeToo link to the Palm Beach identity. […]

Joe Walsh Charged in Palm Beach Saga

Joe Walsh Charged in Palm Beach Saga

After Joe Walsh publicly blamed Robert Matthews of fraud and claimed himself innocent, the wheels of justice kept turning. Many familiar with the case found it astounding that the FBI had claimed a $50m fraud against Robert Matthews but filed nothing on Joe Walsh. Joe Walsh took to the media to pass all blame on […]

China Gets a Trade Boost as Sanctions Lift USD

The recent fall of the yuan has been a boon to Chinese exporters facing a trade war with the United States, but it poses financial risks that could prompt Beijing to prop up its currency. While markets are spooked by the standoff between the world’s two biggest economies, a weaker currency makes exporters’ goods cheaper, […]

Russia Thrives in Hostile Environment

Russia’s economy saw year-on-year growth of 1.8 percent in the second quarter benefitting from rising oil prices and despite increasingly harsh US sanctions, the national statistic agency Rosstat said. Russia’s economy expanded by 1.3 percent in the first quarter of the year compared to the same period of 2017, after two years of recession in […]

Global Growth Could be on the Brink of Stalling

Global Growth Could be on the Brink of Stalling Trade expansion will likely slow further in the third quarter of 2018, the World Trade Organization’s (WTO) latest World Trade Outlook Indicator (WTOI) indicated on Thursday. The most recent WTOI reading of 100.3 is below the previous value of 101.8 and just above the baseline value […]

Russia Warns USA on Sanctions

Russia warned Friday that if the US followed through with threats to impose further harsh economic sanctions it would be seen as a “declaration of economic war”. The warning by Prime Minister Dmitry Medvedev came after Washington unveiled a raft of new sanctions against Russia over its alleged use of the Novichok nerve agent against […]

Brexit is Good for Business

Britain’s economy picked up speed to outpace the eurozone in the second quarter despite mounting concerns over Brexit, official data showed Friday, helped partly by sunny weather and the World Cup football tournament. Gross Domestic Product — the value of all goods and services produced in an economy — grew 0.4 percent in the three […]

US Vs Turkey is the Hot Battle

Turkish President Recep Tayyip Erdogan has called on the country’s citizens to sell foreign currencies to support the lira which has seen a record plunge against the US dollar amid a diplomatic conflict with Washington. “Change the euros, the dollars and the gold that you are keeping beneath your pillows into lira at our banks. […]

Dutch Politician Gang Raped by Muslim Refugees

A city councilor in The Hague and member of the anti-immigrant Freedom Party has taken her own life, hours after posting a video on Facebook in which she claimed she was gang-raped by Muslims as part of an intimidation campaign. Willie Dille, 53, reportedly ended her own life on Wednesday, shortly after sharing a video […]

Trade War Continues to Lower Commodity Prices

Commodities declined in July due to increased potential for rising production in energy commodities and lower demand expectations for base metals. The Bloomberg Commodity Index Total Return performance was lower for the month, with 15 out of 22 Index constituents posting losses. Credit Suisse Asset Management observed the following: Industrial Metals declined 4.69%, with all […]

Economic Update Japan

Japan bounced back to growth following its first contraction in two years, official figures showed Friday, but fears of US trade wars clouded the outlook for the world’s third-largest economy. The economy grew 0.5 percent quarter-on-quarter in the April-June period, compared with a 0.2-percent decline in January-March, according to data from the Cabinet Office. The […]

Philippines Economy Slows

Philippines Economy Slows

Philippine economic growth slowed sharply in the second quarter and fell well short of expectations as a result of policy decisions that included the shutdown of holiday island Boracay, officials said Thursday. The six percent expansion in April-June was the weakest in three years and ended a run of 10 consecutive quarters in which the […]

African Gangs Out of Control in Australia

African Gangs Out of Control in Australia

African Gangs Out of Control in Australia Last night African gangs staged yet another rampage in Melbourne continuing a trend of violent crimes that the Police are unwilling or unable to stop, in the rare instance a gang member is arrested the liberal judiciary give them a pass and Australia’s left wing media remain silent. […]

Tesla Running from Reality

Tesla Running from Reality

Exiting US stock markets, a possibility raised Tuesday by Tesla CEO Elon Musk, could ease some of the pressure on the electric automaker but will come at a hefty cost. – Testing the waters – Tesla debuted on Wall Street in 2010, seven years after its launch, with a Nasdaq listing under the ticker symbol […]

Musk Vs Wall St

Musk Vs Wall St

“Boring bonehead questions are not cool. Next?” Tesla chief Elon Musk complained in May, shortly before shutting down questions from Wall Street. The now-infamous conference call in a nutshell represents the unorthodox approach of Musk, whose brazen aspirations to remake the transportation universe and confrontational approach to opponents has aroused both passionate support and furious […]

Tesla will Approve Going Private

Tesla will Approve Going Private

Tesla’s board of directors said Wednesday it will evaluate chief executive Elon Musk’s proposal to take the electric car maker private. Given Musk is in total control of the board the answer is a forgone conclusion. Going private will save Tesla facing massive conversions and a public battle with debtors should one emerge, but it […]

China Loves a Trade War

China Loves a Trade War

Trade tensions between the US and China have been intensifying over recent months with each country imposing levies on mutual imports with extra duties. In July, Washington imposed tariffs on $34 billion worth of Chinese goods. US President Donald Trump accused Beijing of “being vicious” on trade, stressing that Chinese measures were targeting US farmers […]

India Needs Deregulation to Grow

India Needs Deregulation to Grow

India will remain one of the world’s fastest-growing major economies in coming years, the International Monetary Fund said Wednesday, in welcome news for Prime Minister Narendra Modi before elections next year. In a wide-ranging report on Asia’s third-biggest economy, the IMF commended government economic reforms but called for action to contain inflation and increase the […]

Blair Cottrell and the Hypocrisy of Australian Media

Blair Cottrell and the Hypocrisy of Australian Media

Blair Cottrell and the Hypocrisy of Australian Media Attacks on Australia Day, Anzac Day and Australian Culture are all fine in the ultra-left wing Australian media, but mention immigration, “African Gangs” or question the activities of some Mosques and the world ends. Whilst I do not agree with the idea of banning Islam in Australia, […]

The Trade War Scorecard

The Trade War Scorecard

The Trade War Scorecard China’s trade surplus with the United States eased in July after President Donald Trump imposed tariffs on Chinese goods in a showdown between the world’s two biggest economies, official data showed Wednesday. The Asian giant posted a $28.1 billion surplus last month after reporting a record $28.9 billion in June according […]

Elon Musk Pulls Classic Pump and Dump Move

Elon Musk Pulls Classic Pump and Dump Move

Tesla Chief Executive Elon Musk said Tuesday he was considering taking the company private, sending shares sharply higher before trading was halted, a classic pump and dump move. Musk, who has cut a controversial figure on social media and beyond, sent the financial world abuzz again around 1650 GMT, tweeting, “Am considering taking Tesla private […]

Twitter chief Jack Dorsey Defends Alex Jones

Twitter chief Jack Dorsey Defends Alex Jones

Twitter chief Jack Dorsey defended Tuesday his company’s decision to allow Alex Jones to use the platform to spread his message, saying he hasn’t broken user rules. Apple, Facebook, Spotify and YouTube have all banned Jones, who runs the website Infowars. “We’re going to hold Jones to the same standard we hold to every account, […]

Trade War Latest News

Trade War Latest News

The first round of President Donald Trump’s 25 percent punitive tariffs on China will hit $50 billion in goods starting August 23, the government announced Tuesday. Washington already imposed tariffs on $34 billion in Chinese products on July 6. But it held off on a final $16 billion as a result of concerns raised by […]

Malcolm Turnbull Gives $444 Million to an Arts Major to Save Reef

Malcolm Turnbull Gives $444 Million to an Arts Major to Save Reef

Malcolm Turnbull Gives $444 Million to an Arts Major to Save Reef What a festival stupidity Canberra has become, the Prime Minister has handed of $444m to an Arts Major to save Australia’s Great Barrier Reef. Anna Marsden head of the Great Barrier Reef Foundation has absolutely zero experience to qualify her to lead a […]

Economic Outlook for Australia

Economic Outlook for Australia

Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with […]

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes Australia’s population will hit a record 25 million on Tuesday, almost a decade earlier than forecast projected, as the country’s politicians flood the nation with hundreds of thousands of immigrants each year, according to latest government data. The Australian Bureau of Statistics estimates the population will reach 26 million […]

Are Facebook, Google and Twitter Plotting a Coup

Are Facebook, Google and Twitter Plotting a Coup

Are Facebook, Google and Twitter Plotting a Coup In America The US Constitution explicitly forbids government censorship. So Silicon Valley big-tech companies made themselves the gatekeepers of ‘goodthink,’ de-platforming anyone who runs afoul of their arbitrary ‘community standards.’ Alex Jones, the host of InfoWars, has often been derided by establishment media as a conspiracy theorist. […]

Free Speech is Dead

Free Speech is Dead

Twitter is on fire with debate over almost simultaneous decisions by Facebook, Apple, YouTube and Spotify to take action against controversial right-wing YouTube host Alex Jones’ and his InfoWars channel citing “hate speech”. InfoWars Editor-at-large Paul Joseph Watson tweeted on Monday that Facebook had “permanently banned” the outlets page for “unspecified” hate speech and described the […]

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