ASIA: In July, India’s manufacturing activity showed a slight easing for the second consecutive month, as per a private business survey by S&P Global. The Manufacturing Purchasing Managers’ Index (PMI) declined marginally to 57.7 from 57.8 in June but was slightly higher than expected (57.0). Despite the moderation, the pace of expansion remained healthy, with […]

  First, it was toilet paper, then baby formula, and now it’s non-basmati rice that people are running to the stores and buying in bulk. India has put into effect on July 20th the ban on non-basmati rice in order to calm domestic prices. According to the International Food Policy Research Institute, the global rice […]

QUESTION: Marty, Will the Brics launching a gold backed currency be the catalist for bankrupting 3rd world economies? Or is it rising interest rates on their debt? Tks for all the light u share in a confusing economic landscape. Cbeers .baldy ANSWER: It is unlikely that we are looking at a BRICS single currency like the […]

ASIA:   Walt Disney is considering various strategic options for its Star India business, such as a joint venture or a sale, according to sources familiar with the matter. The company has engaged in discussions with at least one bank to explore opportunities for growth and cost-sharing for the India business. However, the talks are […]

ASIA:   A working group of the Reserve Bank of India has stated that the increased use of the Indian rupee in international trade and capital account transactions will lead to the currency gaining international acceptance. The group suggests promoting the rupee for import and export without any limits, allowing non-residents to open rupee accounts […]

ASIA:   In the first five months of the year, China’s industrial firms experienced a significant decline in annual profits, with a 18.8% year-on-year slump. This decline follows a contraction of 20.6% in profits from January to April. The weakening demand and squeezed margins indicate that the country’s post-COVID economic recovery is faltering. Various indicators, […]

ASIA: In May, Asian bonds experienced a significant increase in foreign investments, with the highest monthly inflows in nearly two years. This surge was driven by expectations of a more moderate approach to monetary tightening by the U.S. Federal Reserve. Data from regulatory authorities and bond market associations revealed that foreign investors bought a net […]

The border crisis that we have in the United States is part of the cycle of disease that our model has been projecting. In late May, Sarasota County, Florida, health officials confirmed that they had identified a case of locally transmitted malaria. Then a second confirmed case appeared on June 23 rd in Texas, discovered in […]

Zelensky has sold out Ukraine to JPMorgan and BlackRock. While everyone was distracted with trivial news stories, BlackRock and JPMorgan partnered with the Ukrainian government to “establish a reconstruction bank that will serve as a conduit for public seed capital to fund rebuilding projects.” They are aiming to steer “public steer capital,” government grants that […]

  Klaus Schwab is a control freak in how he runs the World Economic Forum. Make a single mistake and you are in trouble. Schwab seeks perfection and he is taking those ideas and seeking to indoctrinate the entire world. He has his young global leaders infiltrating governments around the world. We saw that in […]