All we hear is the same claims that the dollar is dead and it will be totally worthless any day now. Over the last few weeks, all we hear from the majority now is that the dollar is finished. Virtually every page you turn or site you visit claims the death of the dollar. They […]

ASIA:   Singapore’s March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than forecast. On a seasonally adjusted month-on-month basis, NODX increased 18.4%, Enterprise Singapore data showed, versus the prior month’s 8.2% decline. Economists had forecast 1.7% growth. The trade […]

  ASIA: China’s consumer inflation fell to an 18-month low, rising by 0.7% year-on-year in March, slower than the 1.0% gain in February, indicating weak demand. The producer price index fell 2.5% year-on-year, the fastest decline since June 2020, falling for the sixth consecutive month. Food price inflation, a key driver of CPI, slowed to […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 289.71 points or 1.05% to 27,923.37 Shanghai decreased 1.79 points or -0.05% to 3,313.57 Hang Seng increased 154.04 points or 0.76% to 20,485.24 ASX 200 increased 90.90 points or 1.26% to 7,309.90 Kospi increased 35.78 points or 1.42% to 2,547.86 […]

ASIA: Japanese manufacturers’ sentiment soured in the first quarter to its worst level in more than two years, eclipsing an uptick in service-sector mood, a central bank survey showed, reinforcing views a strong post-COVID economic recovery is some time away. Corporate inflation expectations hit a fresh high with firms projecting inflation to stay above the Bank […]

ASIA: China’s manufacturing sector lost momentum in March due to weak export orders, slowing the country’s economic recovery from COVID-19 policies. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.0 in March from 51.6 in February, which was the first monthly activity expansion in seven months. However, China’s economy showed signs of recovery […]

ASIA:   Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world’s second-largest economy, seeking to win over foreign investors even as trade and geopolitical tensions with the West loom large. Li, who spoke alongside the prime ministers of Malaysia, Singapore and Spain, earlier this week told a […]

Former Russian President Dmitry Medvedev has warned the West and rightly so that the decision of the International Criminal Court (ICC) to issue an arrest warrant against his successor, Vladimir Putin, will have dire consequences for international law. But it would also justify immediate World War III. The ICC has been usurped by the Neocons […]

ASIA:   China’s central bank kept interest rates unchanged while increasing liquidity injections for a fourth consecutive month, with the aim of supplying the market with enough long-term funds. The move also indicates policymakers’ comfort with the country’s modest economic growth target for this year, set at around 5%, which is at the lower end […]

For the life of me, I have stated the obvious that the Biden Administration has been pushing China and Russia together not to mention North Korea, Iran, and perhaps even Turkey. I cannot believe that I am so brilliant that none of these people in the White House understood the historical event that just took […]