ASIA:   BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to “overweight” on Tuesday, saying investors were realizing that the U.S. Federal Reserve may have to become more aggressive in its campaign to subdue inflation. BlackRock also said it was going “overweight” on Chinese and other […]

Russia has fitted its fleet with tactical nuclear weapons both in the North Sea and in the Atlantic. The United States and NATO have convinced themselves that they can destroy Russia and China and neither will resort to nuclear weapons.  Nobody ever questions: What if we are wrong? Once upon a time, it was PRESUMED […]

Perhaps NATO is starting to wake up. They now realize that they may have to wage war on two fronts simultaneously. NATO is considering what they call a defensive move which is an “Article 5 conflict” but also an “out-of-area” battle. This is showing that NATO is no longer what it was supposed to have […]

ASIA:   Chinese provinces spent more than £42.8bn on tackling Covid-19 in 2022, according to data released by local governments, with the figure expected to rise as the huge cost of the pandemic hits the world’s second-largest economy. Although national statistics are not yet available, at least 20 of China’s 31 provinces have published figures […]

ASIA:   The Agricultural Bank of China, one of the country’s largest commercial lenders, has pledged stronger financial support for spring farming. The bank said it will strive to issue more than 160 billion yuan ($23.48 billion) in loans for spring farming preparations this year and will improve the efficiency of financial services. The financial […]

ASIA:   The idea of lifting the cryptocurrency ban has started floating in China as a former central bank official has called the country to review its stringent crypto restrictions. Huang Yiping, a former member of the Monetary Policy Committee at the People’s Bank of China (PBoC), believes that the Chinese government should think again […]

The European Central Bank has just announced its monetary policy statement that they “will stay the course in raising interest rates significantly at a steady pace and in keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2% medium-term target.” Besides inflation, the other problem that governments […]

  ASIA:   The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the country compete with China in military equipment, semiconductors and artificial intelligence. Washington wants to deploy more Western mobile phone networks on the subcontinent to counter China’s Huawei Technologies, welcome more Indian computer chip […]

ASIA: The Bank of Japan should let government bond yields move more flexibly and be ready to raise short-term interest rates swiftly if “significant” upside risks to inflation materialize, the International Monetary Fund (IMF) said on Thursday. In a proposal after an annual policy consultation with Japan, the IMF said the central bank’s ultra-loose monetary […]

QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems. I assume, there might be big differences between countries. Many thanks and best regards, R. ANSWER: […]