President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

President Trump’s Trade Deals are “Pro-Growth, Remove Uncertainty”

Monday, white House economic adviser Larry Kudlow said trade deals with China, Canada, and Mexico will strengthen the economy, adding that exports will double with China under the P-1 of President Trump’s new agreement.  “These deals are both pro-growth and yeah, they do remove some uncertainty,” he said. “They also increase incentives to invest…I think […]

UK PM Pledged to Get BREXIT Done Before Christmas

UK PM Pledged to Get BREXIT Done Before Christmas

UK PM Boris Johnson pledged Saturday to repay the trust of voters in the working-class heartland of northern England who rejected the Labour Party and helped give him an 80-seat majority in Thursday’s election. Speaking to cheering supporters PM Johnson acknowledged the seismic shift that helped sweep him to victory. “I know that people may […]

US Trade Deal with China Will Boost Global Economy

US Trade Deal with China Will Boost Global Economy

US Treasury Secretary Steven Mnuchin said Saturday a “P-1” trade deal between the United States and China was “very good” for global economic growth, and added that the 2nd phase could come in several steps. The United States and China cooled their trade dispute Friday, announcing a “P-1” agreement that reduces some US tariffs in […]

US Supreme Court to Hear President Trump’s Case to Shield Financial Records

US Supreme Court to Hear President Trump’s Case to Shield Financial Records

Friday, the US Supreme Court agreed to hear President Trump’s appeals in 3 separate cases to prevent his financial records, including tax returns, being handed over to Democratic-led House of Representatives committees and a New York prosecutor. The court will hold oral arguments in March, with rulings due by the end of June. “We are […]

UK’s Labour Party Implodes, Seeks New Leader

UK’s Labour Party Implodes, Seeks New Leader

The Labour Party’s crushing defeat at the hands of turned-off voters will bring the left-wing party a new leader, thus ending Jeremy Corbyn’s reign and give it an urgent task: To recover the allegiance of its core working class voters. Traditional Labour voters in the north and central parts of England deserted the party in […]

US May Impose 100% Tariffs on EU Goods

US May Impose 100% Tariffs on EU Goods

$BA, $EADSY The Trump Administration may place 100% tariffs on European goods that had been absolved from such duties, including such storied products as Irish & Scotch whiskies and Cognac. The Office of the United States Trade Representative published a list Thursday of additional European goods now under consideration for the tariffs amid the fallout […]

“2020 Will Be a Very, Very Strong Economic Year”

“2020 Will Be a Very, Very Strong Economic Year”

White House economic adviser Larry Kudlow predicts that Y 2020 “will be a very, very strong economic year” as the jobs market only stands to get stronger in the wake of Friday’s China-US trade deal. “I think it will be pro-growth. I think it will help business confidence and business investment,” Mr Kudlow said. Kudlow spoke […]

Boris Johnson, Donald Trump Friendship Back on Track

Boris Johnson, Donald Trump Friendship Back on Track

The political friendship between President Trump and British Prime Minister Johnson is back on track. PM Johnson’s Conservative Party’s expected victory in Thursday’s election, clears the way for his BREXIT deal with the European Union, and a trade deal with the United States. And that means the friendship that had been “soft peddled” before the vote in […]

President Trump Leads All Dems in Battleground States

President Trump Leads All Dems in Battleground States

Despite impeachment insanity, President Trump has beaten his Democratic rivals in the battleground states Michigan, Pennsylvania and Wisconsin in the latest poll from GOP firm Firehouse Strategies. Firehouse and Optimus surveyed likely voters in the 3 states, asking who they would be more likely to vote for in a head-to-head matchup between President Trump and the […]

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

Over 7,000,000 Jobs Created Under President Trump’s Policies, America is Working!

President Trump has “added more than 7 million jobs” during his time in office, a Treasury official said at the weekend. Monica Crowley, Assistant Secretary of Public Affairs at the Treasury Department, gave in a radio interview following the administration’s announcement last Friday that payrolls increased by 266,000 in November, far above Wall Street expectations. […]

“Strong Jobs Data Undercuts Trump Impeachment Argument”

“Strong Jobs Data Undercuts Trump Impeachment Argument”

This 50-year low in the nation’s unemployment and other robust economic data reported Friday “really undercuts the whole argument” for impeaching President Trump, former economic adviser Stephen Moore said on TV Friday. “Why Nancy Pelosi would want to go through with this sham impeachment, when we have the best economy in 50 years … ,” […]

President Trump Proposes Tariffs on Up to $2.4-B in French Imports

President Trump Proposes Tariffs on Up to $2.4-B in French Imports

$FB, $AMZN, $GOOGL The Trump Administration is proposing tariffs on up to $2.4-B worth of French imports in retaliation for France’s tax on American tech giants like Google, Amazon and Facebook. The Office of the US Trade Representative says France’s new digital services tax discriminates against US companies and says that the new tariffs could […]

President Trump Restores Steel Tariffs on Brazil and Argentina

President Trump Restores Steel Tariffs on Brazil and  Argentina

Monday, President Trump said he will reinstate steel and aluminum tariffs on Brazil and Argentina because he claimed the South American countries are devaluing their currencies. He announced the move on his Twitter feed. “Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers. Therefore, […]

Majority of GOP Say Donald Trump Better President Than Abe Lincoln

Majority of GOP Say Donald Trump Better President Than Abe Lincoln

The majority of Republicans say President Trump is a better leader than President Abraham Lincoln, a new poll showed. In the Economist/YouGov weekly tracking survey,  53% of Republicans said President Trump is a better President compared with 47% who chose America’s 16th President, who led the nation through the Civil War. Among all Americans, Lincoln beats […]

President Trump Signs Hong Kong Bill that May Strain Relations with China

President Trump Signs Hong Kong Bill that May Strain Relations with China

Wednesday, President Trump signed a bill into law that expresses US support for Hong Kong protesters, a move that may strain relations with China and further complicate the president’s effort to wind down his trade war with Beijing. The legislation, S. 1838, requires annual reviews of Hong Kong’s special trade status under American law and […]

President Trump, “I am Designating Mexican Drug Cartels as Terrorists”

President Trump, “I am Designating Mexican Drug Cartels as Terrorists”

President Trump says he will “absolutely” designate Mexican drug cartels as terrorist groups because of they kill tens of thousands of Americans annually and play a huge role in drug and human trafficking. “They will be designated … I have been working on that for the last 90 days. You know, designation is not that […]

Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Commentary: Dragging down China with Turmoil in Hong Kong is an Illusion

Despite Beijing’s strong and repeated opposition, the US Senate last Tuesday passed the so-called Hong Kong Human Rights and Democracy Act of 2019. By passing the bill, the Senate has not only shown indifference to the chaotic situation on the ground and the need to end violence and restore order, but also tried to embolden […]

Senate Passes Stopgap Spending Bill, Averts Shutdown

Senate Passes Stopgap Spending Bill, Averts Shutdown

The Republican-held Senate passed a temporary government-wide spending bill that would keep federal agencies up and running through 20 December and avert a government shutdown after Midnight Thursday. The spending bill, passed by a 74-20 vote, would keep federal the government open for another month in hopes the additional time will help negotiators wrap up […]

China Wants a Trade Deal, Invites US Negotiators to Beijing…

China Wants a Trade Deal, Invites US Negotiators to Beijing…

China has invited Top US trade negotiators for a new round of face-to-face talks in Beijing in its continued efforts to strike a limited deal, the Wall Street Journal reported Thursday. The report said Chinese Vice Premier Liu He invited US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin for a meeting in Beijing, […]

President Trump Wants Zero Interest Rates, Told Powell

President Trump Wants Zero Interest Rates, Told Powell

$USD President Trump said he “protested” US interest rates that he considers too high relative to other developed countries in a meeting Monday with Fed Chairman Powell. Mr. Powell met with President Trump and Treasury Secretary Steven Mnuchin at the White House residence in the morning at the President’s request to discuss the economy. It […]

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

President Trump,”US Will Hike Tariffs on China Without Trade Deal”

The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade dispute, President Trump said Tuesday, threatening an escalation of the action that has damaged economic growth of the world’s 2nd largest economy severely. Speaking at a cabinet meeting at the White House, President Trump said […]

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice Blocks House’s Attempt to Access President Trump’s Tax Returns

Chief Justice John Roberts ordered an indefinite delay in the House of Representatives’ demand for President Trump’s financial records to give the Supreme Court time to figure out how to handle the dispute, and his order contains no hint about what the court ultimately will do. The court’s hold could last a matter of days […]

President Trump Summoned Mr. Powell to the White House

President Trump Summoned Mr. Powell to the White House

Moonday, President Trump summoned Fed Chairman Powell to the White House to discuss the economy and interest rates. President Trump tweeted after the meeting that it had been “good & cordial.” The Fed said in a statement that Mr. Powell’s message to Preisdent Trump was similar to the one he expressed in congressional testimony last week, when […]

Cash Payouts to American Farmers in Time for Thanksgiving

Cash Payouts to American Farmers in Time for Thanksgiving

Sunday, President Trump welcomed a “cash” payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs. “Our great Farmers will receive another major round of ‘cash,’ compliments of China Tariffs, prior to Thanksgiving,” he wrote on Twitter. “The smaller farms and farmers will be big beneficiaries. In the meantime, and […]

Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

Secretary Mnuchin Met Speaker Pelosi Over Border Wall Stalemate

House Speaker Nancy Pelosi (D-CA),  and Treasury Secretary Mnuchin met Thursday in an effort to come to an agreement over funding for President Donald Trump’s wall for the southern border. Congressional and White House officials have been in a stalemate over $5-B for President Trump’s wall for months and now face a 21 November deadline. […]

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

President Trump, “We Have Delivered on Our Promises, Exceeding All Expectations” (Video)

$SPY Over 1,350 people attended the lunchtime speech according to the Economic Club of NY spokeswoman. The club’s membership is a who’s who of New York’s financial elite, and its trustees include John Williams, president of the Federal Reserve Bank of New York, and billionaire hedge fund investor John Paulson, 1 of President Trump’s Top […]

Commentary: Merkel Needs President Trump to End the Trade Dispute

Commentary: Merkel Needs President Trump to End the Trade Dispute

$VLKAY, $BMWYY, $DDAIF The German economy is at the cusp of recession Now 30 yrs after the fall of the Berlin Wall, and 29 years after Germany was reunified into 1 country, Europe’s strongest economy is facing significant headwinds that risk spilling over into the rest of the EU and the world The closely watched […]

“Nobody I Would Rather Run Against Than ‘Little Mike’ Bloomberg”

“Nobody I Would Rather Run Against Than ‘Little Mike’ Bloomberg”

Friday, President Trump is responded to a possible run by former New York City Mayor Michael Bloomberg for the Democratic Presidential nomination, saying “There is nobody” he would “rather run against.” President Trump responded to news that billionaire Little Mike Bloomberg is opening the door to a 2020 White House bid. President Trump predicted Friday […]

Beijing, US to Lift Tariffs as Talks Advance

Beijing, US to Lift Tariffs as Talks Advance

Thursday, China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade dispute, the Chinese commerce ministry said. The interim US-China trade deal is widely expected to include a U.S. pledge to scrap tariffs scheduled for 15 December on about $156-B worth of Chinese imports, including cell phones, […]

The Trump Economy Working for Minorities

The Trump Economy Working for Minorities

Despite his reputation for being racially divisive, President Trump’s approval ratings have drifted upward among non-Whites in the last 2 years. While it’s impossible to say exactly why, but a reasonable explanation is that the US’s long economic expansion has been particularly beneficial for minority workers. There is strong evidence that President Trump’s rhetoric on […]

President Xi Jinping pledged to further open China’s economy

President Xi Jinping pledged to further open China’s economy

President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “tear down walls” as he opened an annual trade fair in Shanghai. Xi addressed an audience including French President Emmanuel Macron at the import exhibition, staged annually by China to show its willingness to free up its vast domestic markets […]

UN Chief Receives Paris Agreement Withdrawal Notice from Washington

UN Chief Receives Paris Agreement Withdrawal Notice from Washington

UN Secretary-General Antonio Guterres Monday received a formal notice from US Secretary of State Mike Pompeo on his country’s withdrawal from the Paris Agreement on Climate Change. “The United States of America notified the secretary-general, in his capacity as depositary, its withdrawal from the Paris Agreement of Dec. 12, 2015, on Nov. 4, 2019,” said […]

US Must Keep ‘Economic Strangle Hold’ on Iran

US Must Keep ‘Economic Strangle Hold’ on Iran

United States must continue to “economically strangle” Iran, but also be prepared to take military action, along with allies in the Middle East and Israel, if its actions continue, former Senator Joe Lieberman said Monday, after Iran’s announcement that it is in violation of the international nuclear deal. “Nothing else will stop them,” Senator Lieberman said Monday […]

President Trump Puts New Sanctions on Iran

President Trump Puts New Sanctions on Iran

Monday, The Trump administration sanctioned members of Iranian supreme leader Ayatollah Ali Khamenei’s inner circle. Separately, the administration is issuing an up to $20-M reward for information about missing former FBI agent Robert Levinson. He disappeared in Iran in Y 2007 but the Iranian government has never acknowledged arresting him. Senior administration officials announced the […]

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020

The signing of the world’s largest trade pact will likely be kicked back to 2020, according to a draft statement by Southeast Asian leaders, delaying a deal craved by China to offset a painful tariff war with the US. The 16-nation Regional Comprehensive Economic Partnership (RCEP) spans from India to New Zealand and includes 30 […]

Britain’s Brexit-weary business community relishing the prospect of a pre-Christmas general election

Britain’s Brexit-weary business community relishing the prospect of a pre-Christmas general election

Britain’s Brexit-weary business community relishing the prospect of a pre-Christmas general election Britain’s Brexit-weary business community on Wednesday relished the prospect of a pre-Christmas general election, even if fears linger in some quarters over a possible Labour government. Business bigwigs hope the festive vote, proposed by Conservative Prime Minister Boris Johnson, will inject certainty into […]

President Trump, “The Fed does not have a clue!” (Update)

President Trump, “The Fed does not have a clue!” (Update)

Fed statement: “the labor market strong and that economic activity rising at a moderate rate, job gains have been solid, on average, the unemployment rate low, household spending strong, business fixed investment and exports weak inflation sans than food & energy below 2% ” President Trump launched a fresh attack on the Fed Tuesday, saying […]

Poll: President Trump’s Base Holding Firm

Poll: President Trump’s Base Holding Firm

In a sign President Trump’s base continues to support him, 40% of voters agree he is the victim of a political “lynching,” according to a new USA Today/Suffolk University poll. Still, 54% of those polled disagree. USA Today noted that while the President’s core supporters do not make up a majority of the electorate, they do give […]

China’s Promise: “No Forced Tech Transfers + Access to Finance”

China’s Promise: “No Forced Tech Transfers + Access to Finance”

Tuesday, China Tuesday promised more improvements in conditions for foreign companies including an end to officials pressing them to hand over technology; a Key irritant in its tariff war with Washington. The announcement adds to a number of market-opening promises by the government, which is trying to make China’s cooling, state-dominated economy more productive. Beijing […]

The Raid that Killed ISIS Leader Abu Bakr al-Baghdadi

The Raid that Killed ISIS Leader Abu Bakr al-Baghdadi

For all the attention, invention and investment that the U.S. intelligence community devotes to spy satellites, communications intercepts, and new technologies such as artificial intelligence, the raid that killed ISIS Leader Abu Bakr al-Baghdadi was launched by the same old-fashioned tool that led to Osama bin Laden: human intelligence. After years of trying in vain to get a real-time […]

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise'”

Paul Ebeling’s DC Commentary: “Investors Ignoring Trump Impeachment ‘Noise

$USD, $DIA, $SPY, $QQQ, $RUTX, $VXX The US Dem House’s impeachment focus is not even a distraction to the financial market, as nothing will or can come of it, as in the world of geopolitics something big happened at the weekend. Sunday, President Trump announced that Abu Bakr al-Baghdadi, the leader of the so-called Islamic […]

ECB Christine Lagarde’s first task will be to heal rifts among policymakers

ECB Christine Lagarde’s first task will be to heal rifts among policymakers

ECB chief Mario Draghi bows out Monday, passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers. The man credited with saving the euro during his eight-year tenure at the European Central Bank will be sent off with speeches by German Chancellor Angela Merkel, French President […]

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming'” (Video)

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming

Sunday, President Trump announced that ISIS leader Abu Bakr al-Baghdadi died during an overnight raid led by US military forces in Syria, a major victory. President Trump said the world’s most wanted terrorist died “whimpering and crying and screaming.” No US personnel were lost in the operation, however “many” of al-Baghdadi’s fighters or companions were […]

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

President Trump has No Concern about Impeachment Witnesses, WP Story ‘Phony’

Saturday, President Trump admonished the Washington Post for a “phony” story that reports he is irked and worried amid Democrats’ impeachment inquiry. In a Tweet, President Trump put down the Friday article reporting that he is frustrated witnesses are coming forward to testify  before the House. “The Fake Washington Post keeps doing phony stories, with zero sources, that […]

President Trump, “Here is the Thing, I am the Team”

President Trump, “Here is the Thing, I am the Team”

Friday, President Trump waved off the need for any extra help in countering House Democrats’ impeachment efforts, declaring “I’m the team.” The remarks outside the White House before leaving for an event in South Carolina recalled Donald Trump’s 2016 declaration while accepting the GOP Presidential nomination that “I alone can fix it.” “Here’s the thing. I do […]

“No and No” to President Trump’s Impeachable Offenses

“No and No” to President Trump’s Impeachable Offenses

Alan Dershowitz, Harvard Law professor emeritus, accused those seeking to impeach President Trump of engaging in an “Alice in Wonderland process.” He made his comments in a column posted Thursday on the Gatestone Institute’s website. “The goal of the impeach-at-any-cost cadre has always been the same: impeach and remove Trump, regardless of whether or not he […]

Sterling struggles to bounce back from losses owing to renewed Brexit uncertainty

Sterling struggles to bounce back from losses owing to renewed Brexit uncertainty

Sterling struggled to bounce back from losses owing to renewed Brexit uncertainty after Boris Johnson proposed a general election to resolve the long-running saga, while Asian markets were mostly down after a broadly positive week. With the prime minister giving up on a pledge to leave the EU by his Halloween deadline, he called for […]

Dems Push for President Trump’s Impeachment is Illegitimate

Dems Push for President Trump’s Impeachment is Illegitimate

No US President has ever been removed from office via impeachment. Congressional Republicans pressed efforts to discredit the Democratic-led impeachment inquiry against President Trump Thursday with plans for a Senate resolution calling it illegitimate, while the White House lauded lawmakers in his party who stormed into a high-security room and interrupted testimony. The House is […]

There is No Substance for the Impeachment of President Trump

There is No Substance for the Impeachment of President Trump

There is “no substance” to Democrats’ allegations Vs President Trump, and their closed-door hearings are being held “with a predetermined outcome,” House Freedom Caucus Chairman Andy Biggs said Thursday while explaining why GOP lawmakers decided to push their way into a closed-door hearing. “What we felt was so important is to elevate the conversation for […]

Impeachment is All About Stopping ‘The Trump Economy’

Impeachment is All About Stopping ‘The Trump Economy’

The Pelosi/Schiff House led impeachment investigation Vs President Donald Trump is all about the collapsing the economy. “This economy is the best economy in 30 years,” Christopher Ruddy said in a TV interview Thursday, referencing the insights of Yale economist Robert Shiller. “He is not known for being a Republican,” Mr. Ruddy said. “An incredible […]

American Airlines Up, Evidence the Trump Economy is Strong

American Airlines Up, Evidence the Trump Economy is Strong

American Airlines rode strong demand for flying in the traveling public to higher earnings Thursday despite mounting costs connected to the prolonged grounding of the Boeing 737 MAX. Fuller flights amid a good consumer environment enabled American’s profits to soar 14.2 percent higher in third-quarter to $425 million. Revenues increased three percent to $11.9 billion. […]

Google Under Siege in France

Google Under Siege in France

French media firms said Thursday that they would drag Google before the country’s competition regulator over its refusal to compensate them for displaying their content in defiance of a strict new EU copyright law. The APIG press alliance, which groups dozens of national and regional newspapers, said it would also press the French government to […]

Phase 1 of US-China Trade Deal Covers Intellectual Property

Phase 1 of US-China Trade Deal Covers Intellectual Property

The initial deal on US-China trade will include much of the scuttled May deal’s agreement regarding IP (intellectual property) and will target enforcement mechanisms, White House trade adviser Peter Navarro said early Thursday, adding that he hopes the Chinese negotiate in “good faith.” “The good news about this phase one … is it adopted virtually […]

Draghi Leaves EU Broken

Draghi Leaves EU Broken

At his final press conference Thursday, departing European Central Bank president Mario Draghi will downplay differences among policymakers over September’s big-bang stimulus package, hoping to limit their impact on the institution’s effectiveness, analysts predict. While he is widely credited with saving the euro, critics inside and outside the ECB have since last month launched a […]

North Korea’s Kim orders demolitions at South-built resort

North Korea’s Kim orders demolitions at South-built resort

North Korean leader Kim Jong Un has condemned a flagship tourist development with the South as an eyesore and ordered buildings there demolished, state media reported Wednesday, in a stark illustration of dire relations between Pyongyang and Seoul. The Mount Kumgang tourist complex was built by Southern company Hyundai Asan in the North on one […]

Some Perspective on “The Trump Lynching”

Some Perspective on “The Trump Lynching”

Deputy Press Secretary Hogan Gidley Tuesday defended President Trump’s use of the word “lynching” in a Tweet to describe the impeachment inquiry Vs him that when he talks about how the media and Democrats have been treating him since the day he announced his candidacy. “The day he was elected, before being sworn into office they were already […]

China Trade Talks on Target for Deal in November

China Trade Talks on Target for Deal in November

$SPY Equity indices in the Asia-Pacific region ended Tuesday on a higher note. Japan’s Nikkei Closed, Hong Kong’s Hang Seng +0.2%, China’s Shanghai Composite +0.5%, India’s Sensex -0.9%, SKorea’s Kospi +1.2%, Australia’s ASX All Ordinaries +0.3%. S&P 500 futures are up Tuesday, suggesting there is pace for the underlying gauge to extend gainers after it […]

Media’s Efforts to Impeach President Trump Exposed

Media’s Efforts to Impeach President Trump Exposed

Monday, Christopher Ruddy declared that the House impeachment probe against President Trump is a political “media effort to get the President without any evidence of a crime” that is backed by flawed polling and despite other surveys showing strong support for the President. “This has been a plan and a strategy for the Democrats from […]

“US is the Only Economy That is Really Growing”

“US is the Only Economy That is Really Growing”

White House economic adviser Larry Kudlow says that the US is the only global economy that is growing. The financial guru and agrees with recent research that predicts that such economic strength will easily carry President Trump into a 2nd White House term. “We are the only economy that is really, really growing,” Mr. Kudlow […]

Pound dips as Brexit saga drags but hopes for deal lend support

Pound dips as Brexit saga drags but hopes for deal lend support

Sterling fell on Monday after MPs voted to delay passing British Prime Minister Boris Johnson’s Brexit deal, though losses were limited by hopes the country can eventually avoid crashing out of the EU without a divorce agreement in place. The House of Commons sat on a Saturday for the first time in almost four decades […]

Key moments in Draghi’s eventful ECB tenure

Key moments in Draghi’s eventful ECB tenure

Mario Draghi hands over the keys of the European Central Bank to Christine Lagarde on October 31, leaving the former IMF chief an economy struggling to stay in gear. Here are some of the key moments that made the Italian central banker’s post-crisis tenure a transformative one for the Frankfurt institution: – Saving the euro […]

Departing Draghi leaves divided ECB to Lagarde

Departing Draghi leaves divided ECB to Lagarde

Departing European Central Bank president Mario Draghi will leave a conflicting legacy after chairing his final governing council meeting on Thursday, credited with saving the euro but dividing the institution with his easy-money policy. The gathering “is unlikely to be the good-natured celebration of his achievements that he might have hoped for,” said analyst Jack […]

Mexico Is Paying for President Trump’s Wall (in Part)

Mexico Is Paying for President Trump’s Wall (in Part)

Mexico’s massive deployment of its federal forces along the US southern border is blocking migrants from reaching the United States providing and paying for President Trump’s border wall. A Mexican military operation by military police from Mexico’s National Guard has blocked a large caravan of migrants in Tuzantan, Mexico, who were trying to head North and […]

When the 737 MAX returns to service will you put your family on this airplane

When the 737 MAX returns to service will you put your family on this airplane

On September 12, Boeing started putting out 30-second videos in which employees tout its planes’ safety, hoping to reassure travelers about the 737 MAX that’s been grounded worldwide since two crashes that killed 346 people. “Safety is at the core of our business. We have put hundreds of engineers to work to ensure that this […]

China Vs USA for Tech Supremacy

China Vs USA for Tech Supremacy

China on Sunday said it aims to become a “great power” in the online world and took a swipe at Washington on trade, kicking off its annual conference promoting the Communist Party’s controlled and censored version of the internet. US-China rivalry is increasingly playing out in the digital sphere, as Beijing pursues dominance in next-generation […]

Malaysia held talks with Goldman over 1MDB charges: report

Malaysia held talks with Goldman over 1MDB charges: report

Malaysia held talks with Goldman Sachs about dropping charges against three units of the Wall Street bank that prosecutors brought over the multi-billion-dollar 1MDB scandal, a report said Thursday. Huge sums were stolen from Malaysian state fund 1MDB in a fraud allegedly involving former leader Najib Razak and his cronies, and spent on everything from […]

China says efforts ‘accelerated’ on US trade deal

China says efforts ‘accelerated’ on US trade deal

China said Thursday that its negotiators have “accelerated efforts” to hammer out the details of a partial deal with the United States, as the two sides edge towards an agreement in a lingering trade war. The initial deal was announced on Friday by US President Donald Trump and included promises to increase purchases of US […]

Inglis response to ABC 7.30 Report

Inglis  response to ABC 7.30 Report

In response to last night’s disturbing story on the ABC’s 7.30 Report regarding horse welfare, Australia’s leading thoroughbred auction house Inglis condemns the alleged actions of animal mistreatment. The alleged vision shown was appalling and the abattoirs involved need to be investigated ASAP and held to account. Cruelty towards any type of animal is totally […]

Racing NSW Response to ABC 7.30 Report

Racing NSW Response to ABC 7.30 Report

Racing NSW Response to ABC 7.30 Report Following the program that aired on the ABC’s 7.30 Report last night, Racing NSW Chief Executive, Peter V’landys AM, unequivocally condemned the alleged abhorrent actions of the Meramist Queensland Abattoir. The vision was sickening, and horrendous and Racing NSW calls upon the Queensland Government and its Department of […]

Brexit Latest

Brexit Latest

British and EU negotiators worked late into the night into Thursday in the hopes of presenting a last-minute Brexit deal to leaders meeting for a crunch European summit. Both sides said they were close to finding a basis for a treaty to ensure Britain heads for a managed withdrawal from the European bloc it has […]

Socialism Drives Europe to Recession

Socialism Drives Europe to Recession

Berlin will publish Thursday updated growth forecasts for Germany that are likely to reveal a still weaker outlook than before, but it remains hesitant to stimulate its own and partner economies. In the economy ministry’s predictions for growth in the gross domestic product, presented around 2:00 pm (1200 GMT), observers are already bracing for a […]

Investors Love Brexit

Investors Love Brexit

Sterling edged up Thursday as Britain and the European Union appeared close to a Brexit agreement, though investors remain on edge with any deal possibly facing strong opposition in Westminster. After years of wrangling, the two sides said Wednesday they were edging towards the basis for a treaty allowing Britain to avoid crashing out of […]

Trump: Turkey faces ‘big sanctions’ over Syria actions

Trump: Turkey faces ‘big sanctions’ over Syria actions

US President Donald Trump warned Monday that Turkey faces imminent sanctions over its incursion into northeastern Syria against Kurdish militia, but also signalled that Washington would avoid armed conflict with Ankara. “Big sanctions on Turkey coming!” Trump said, after Turkish attacks stepped up over the weekend on the Syrian Kurds, who had allied with the […]

Oil, Iran top agenda as Putin visits Saudi Arabia

Oil, Iran top agenda as Putin visits Saudi Arabia

Russian President Vladimir Putin will visit Saudi Arabia on Monday, where he is set to seal oil agreements as well as use his influence to defuse rising tensions in the Gulf. The meeting with King Salman and Crown Prince Mohammed bin Salman comes following attacks on Saudi oil installations that Riyadh and the US have […]

BREXIT Talks Down to the Wire

BREXIT Talks Down to the Wire

UK PM Boris Johnson briefed his Cabinet on the progress of last-minute BREXIT talks with the European Union. Britain is due to leave the 28-nation currency bloc on 31 October, and attempts for plans at the border between EU member Ireland and the U.K.’s Northern Ireland have been bumpy. Negotiations intensified last week after PM […]

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

President Trump has China “Where He Wants Them on Trade” + Closing Market Summary

$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,”  Mr. Cramer said on TV Friday. “I always […]

Hunter Biden Resigns Chinese Board

Hunter Biden Resigns Chinese Board

“Whatever happened to Hunter? Where the hell is he?” President Trump asked his rally crowd. “Let’s do another T-shirt. Where’s Hunter?” Soon after the rally, President Trump’s 2020 campaign website started selling $25 T-shirts emblazoned with “Where’s Hunter?” Forcing him out of his low-profile stance on the brewing China-Ukraine scandal. President Trump has called on […]

ECB account reveals deep divisions over stimulus

ECB account reveals deep divisions over stimulus

European Central Bank governors were divided as never before over their decision last month to re-launch “quantitative easing” (QE) mass bond-buying, an official account of the meeting showed Thursday, underscoring an already bitter public debate. While “all members agreed that a further easing of the monetary policy stance was warranted” to boost growth and inflation […]

Does a US employer have the right to sack a worker because they are gay or transgender?

Does a US employer have the right to sack a worker because they are gay or transgender?

Does a US employer have the right to sack a worker because they are gay or transgender? That question, which has caused deep divisions within US society, will go before the Supreme Court on Tuesday at a time when the political scene has already reached fever pitch over efforts to impeach President Donald Trump. The […]

China Vs NBA

China Vs NBA

The National Basketball Association won’t gag its personnel or apologise over a team executive’s tweet that ignited a firestorm in China, commissioner Adam Silver insisted Tuesday, standing firm despite a growing backlash that imperils the league’s lucrative Chinese following. The tweet last Friday by Houston Rockets General Manager Daryl Morey supporting pro-democracy protests in Hong […]

As US factories falter, White House insists economy like ‘a rock’

As US factories falter, White House insists economy like ‘a rock’

After a brief surge during his first years in office, and despite his lofty promises, the American manufacturing rebound has begun to crumble under President Donald Trump. Auto plants and steel mills are shutting down. Companies are announcing layoffs and furloughs. Factory output is in the red. The year-end outlook is grim, whipping up fears […]

President Trump Doing “Lord’s Work” when it comes to the US Economy

President Trump Doing “Lord’s Work” when it comes to the US Economy

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the White House chief economic adviser Larry Kudlow declared President Trump is doing the “Lord’s work” when it comes to defending the US economy in terms of dealing with China, and said he does not believe there is a recession in sight under current scenario. “I know everybody wants […]

President Trump: “No healthcare, No entry!”

President Trump: “No healthcare, No entry!”

Friday, President Trump signed a Proclamation suspending entry of immigrants who will not be covered by health insurance within 30 days of entering the United States or do not have the means to pay for their healthcare costs themselves. The Proclamation, issued by the White House, said it would not affect any individual’s eligibility for […]

“China Trade Talks May Yield Positive Surprises”

“China Trade Talks May Yield Positive Surprises”

White House economic adviser Larry Kudlow speculates that next week’s China trade talks with the US could very well stun everyone. Mr. Kudlow held out hope for progress in opening China’s financial services markets to American companies in trade talks next week, adding the US team was heading into them “open-minded.” “There could be positive […]

Updating Bernie Sanders’ Heart Health Issues

Updating Bernie Sanders’ Heart Health Issues

Presidential candidate Bernie Sanders , 78 anni, suffered a heart attack earlier this week, his physicians said Friday, describing his heart health issue in more specific terms than disclosed previously. Friday after Senator Sanders left the hospital, his treating physicians cast the events in a more serious light. “After presenting to an outside facility with […]