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May 19, 2024
Economy

Bill Gates: Lockdowns Should Be Prolonged Until 2022, With Restaurants Closed for Another Six Months

December 14, 2020 at 03:50 AM
The American billionaire and Microsoft founder has been repeatedly warning that the country would see “lots of additional” coronavirus-related deaths if the nation does not follow restrictive measures to prevent the spread of the dangerous disease. Read More »

The Plot Against the Small Businesses : How pandemic policy has benefited the corporate elite

December 14, 2020 at 03:00 AM
If one were to consider the upward transfer of wealth and market share to Big Business since the start of the COVID-19 pandemic, one would think such economic changes were intended. After all, it’s no secret that the interests of politicians and the corporate elite align more often than not. Read More »

Cashless World Signals a Global End to Privacy

November 17, 2020 at 03:45 AM
Countries are moving to digital currencies at lightning speed. This is the future of money. Digital currencies will replace cash on an ASAP agenda. We are witnessing Europe, Canada, Asia, and even China all moving toward this new digital world for (1) total control, (2) taxes, (3) to track everyone and every transaction. We have been witnessing world leaders, including Trudeau, eager to see the fall of Trump because he has stood in opposition to this movement. Read More »

Iraq and Saudi Arabia Agree to Coordinate Positions Within OPEC

November 11, 2020 at 02:47 AM
Iraq and Saudi Arabia have agreed to coordinate positions within OPEC and cooperate in the energy sector, according to a joint statement following the work of the two countries' coordinating council. Read More »

Analysts Reveal Reasons for Stronger Rupee Relative to American Dollar Despite Historic GDP Fall

October 23, 2020 at 03:46 AM
The Indian rupee has gained significantly relative to the US dollar in the last six months. Almost a month into the pandemic in April, the rupee fell to record lows against the dollar and, in a spectacular rebound, clawed back over 5 percent. Read More »

China Is Now the World’s Largest Economy. We Shouldn’t Be Shocked

October 21, 2020 at 03:35 AM
China has now displaced the U.S. to become the largest economy in the world. Measured by the more refined yardstick that both the IMF and CIA now judge to be the single best metric for comparing national economies, the IMF Report shows that China’s economy is one-sixth larger than America’s ($24.2 trillion versus the U.S.’s $20.8 trillion). Why can't we admit reality? What does this mean?  Read More »

India to Benefit From US Covid Stimulus But Economic Divide Remains a Concern, Analysts Say

October 20, 2020 at 05:28 AM
The US government rolled out an economic stimulus package worth $2 trillion in March, as the Covid pandemic hit. Globally, stimulus worth estimated at some $11 trillion has been deployed to counter the economic impact of the contagion. India pumped $266 billion for its own economy in May, amid the pandemic. Read More »

Medical Marijuana Could Be New Cash Crop Export to US and Europe, Says Rwanda

October 15, 2020 at 03:37 AM
The Rwanda Development Board said the country could make $10 million per hectare by cultivating the narcotic, which is now used for medicinal purposes, creating much-needed jobs and forex revenue during the coronavirus pandemic. Read More »

‘Falling Into China’s Trap’: UK Navy Contract with Chinese-Linked Firm Flagged as ‘Maritime 5G’

October 07, 2020 at 03:55 AM
At the end of July this year British MPs launched an inquiry targeting foreign involvement in the procurement process of military weapons for the UK’s defence supply chain, seeking to crack down on the possibility of “interference from adversaries”. Read More »

Growing US Oil Sales to China Make Mideast Suppliers Find New Markets, Reports Suggest

October 06, 2020 at 05:41 AM
The increasing US oil exports to China have forced Middle Eastern suppliers to search for other markets, The Wall Street Journal reported on Monday. Read More »
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