ASIA: China will unveil bigger tax and fee cuts this year and step-up payments to local governments to offset their hit to revenues, Finance Minister Liu Kun said on Tuesday, amid efforts to support a slowing economy. China’s strong economic recovery from its sharp pandemic-induced slump started losing momentum in the middle of last year, […]

After Viktor Yanukovych was removed from power in early 2014 during the 2014 Ukrainian Revolution, the chairman of parliament Oleksandr Turchynov was appointed to the role of acting president. The Ukrainian people were very upset for they believed that there would be no real change. You MUST draw a line between what the people did and what the […]

ASIA: India and the United Arab Emirates signed a broad trade and investment pact on Friday that will eventually cut all tariffs on each other’s goods and aims to increase annual trade between the two nations to $100 billion within five years. The virtual signing ceremony marks the first trade deal sealed by the Gulf […]

From the outset, my position was that Ukraine should have been split according to language. Borders have been drawn by politicians, and this policy has given us so many problems over the years. It is language and culture that should define a national border. Ukraine is exerting old-world imperialistic philosophy. While Putin ordered Russian troops Monday to “maintain peace” […]

Viktor Tatarintsev, ​Russia’s ambassador to Sweden, has said that Russia is not worried about sanctions. “Excuse my language, but we don’t give a s–t about all their sanctions,” he told reporters. We have already had so many sanctions and in that sense they’ve had a positive effect on our economy and agriculture.” In fact, he […]

ASIA: Japan ran its biggest trade deficit in a single month in eight years in January as high energy costs swelled imports and manufacturers struggled with global supply constraints, causing a decline in car shipments. Imports soared 39.6% year-on-year in January to hit a record high in terms of their value in yen, coming to […]

ASIA: Singapore is committed to reopening its economy and borders to the rest of the world, said Deputy Prime Minister Heng Swee Keat on Monday. The continued opening of the vaccinated travel lanes (VTLs) for quarantine-free travel with more than 20 countries despite the global surge in Covid-19 cases reflects this commitment, he said. Mr […]

In all honesty, Biden is the very last person you should put on the phone with Putin, who is clearly the most intelligent world leader on the stage today. The US is showing it is pathetic, incompetent, and barks but has no teeth. The West has clearly surrendered Ukraine to Russia. There is no way […]

QUESTION: Greetings! You have said “they” want the economy to turn down, this is their goal with all the lockdowns. So now you say that if the economy has a low after March it will mean a decline into 2023. Does this mean “they” are winning if this happens? C ANSWER: No. This is the […]

ASIA: The Reserve Bank of India’s monetary policy committee (MPC) stuck to its accommodative policy stance to help the economy recover from the pits of the pandemic, keeping the key lending rate at record lows on Thursday. As expected, the MPC held the lending rate, or the repo rate, at 4%. The RBI however, surprised […]