With the IMF predicting that 60 per cent of the growth in the global economy next year will take place in China, it would be better for the U.S. to [ … ]
Category: world economy
Russia’s $583 Billion Reserves Now Hold More Gold Than Dollars – Bloomberg
A multi-year drive to reduce exposure to U.S. assets has pushed the share of gold in Russia’s $583 billion international reserves above dollars for the first time on record. Source: [ … ]
Gold Hits 5-Month Low in GBP Ahead of UK Vote, ‘De-Dollarization’ to Support 2020 Prices | Gold News
GOLD PRICES rallied on Tuesday in London, halving Friday’s $20 plunge against a fast-weakening US Dollar as world stock markets struggled below last week’s near-record highs and the British Pound [ … ]
China (and the world economy) at the end of the road – GnS Economics
Unlike in 2009 and in 2015/2016, monetary stimulus will be ineffective in resuscitating the global economy this time around. Source: China (and the world economy) at the end of the [ … ]
PEPE ESCOBAR: The Age of Anger Exploding in Serial Geysers
The presidential election in Argentina pitted the people against neoliberalism and the people won. What happens next will have a tremendous impact all over Latin America and serve as a blueprint for [ … ]
In Iraq, Lebanon and Chile, Locally Driven Protests Can Have a Global Impact
From Lebanon and Iraq to Ecuador and Chile, popular protests have shaken governments worldwide. Has popular dissatisfaction with the unfair distribution of globalization’s spoils reached a tipping point? Or are [ … ]
Burn, Neoliberalism, Burn | The Vineyard of the Saker
A bird’s eye view of the vineyard Source: Burn, Neoliberalism, Burn | The Vineyard of the Saker
Economics Nobel goes to poverty-fighting science | Science News
Three scientists share the Nobel Memorial Prize in Economic Sciences for developing real-world interventions for tackling poverty. Source: Economics Nobel goes to poverty-fighting science | Science News
BIGGEST FINANCIAL EVENT IN A GENERATION | Jim Willie On Metals & Markets | Silver Doctors
Jim Willie tells Elijah Johnson and James Anderson the launch of the gold and oil Yuan contracts is the most important financial event in a generation. Source: BIGGEST FINANCIAL EVENT [ … ]
In trade dispute, China has a secret weapon | The Japan Times
Source: In trade dispute, China has a secret weapon | The Japan Times
ALERT: Syria first strike in World War 3 – Deep Analysis | Zero Hedge | Zero Hedge
I don’t agree with everything in this article nevertheless I found it interesting.Source: ALERT: Syria first strike in World War 3 – Deep Analysis | Zero Hedge | Zero Hedge
Book Review: The Fix: How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number by Liam Vaughan and Gavin Finch | USAPP
In The Fix: How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number, Liam Vaughan and Gavin Finch offer a multidimensional journalistic account of the Libor scandal, [ … ]
China will fight back over U.S. tariffs: Ambassador – People’s Daily Online
Chinese Ambassador to the US Cui Tiankai said Thursday China will retaliate after U.S. President D Source: China will fight back over U.S. tariffs: Ambassador – People’s Daily Online
Shares slump as Trump sparks fears of global trade war | This is Money
The US President unveiled a punishing array of measures to target China’s £266bn surplus with America, hitting everything from robots to rail equipment. Source: Shares slump as Trump sparks fears [ … ]
The myth of a neo-imperial China | Asia Times
New Silk Road infrastructure projects could bring back a peaceful and prosperous Eurasia Source: The myth of a neo-imperial China | Asia Times