Russia’s Security Council Secretary Sergei Shoigu announced that Russia would remove the blacklist status from the Islamic Emirate of Afghanistan (IEA) in anticipation of a lucrative trade and transportation deal. The Trans-Afghan Corridor railway service will connect Afghanistan to ports in Uzbekistan and Pakistan. The 573 km railway is expected to cost between $4.8 billion […]
Mexico’s new President Claudia Sheinbaum is asking Trump to use a bit more common sense when threatening to implement tariffs before a tit-for-tat game ensues. “One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum said. It would come as no surprise if the incoming […]
Donald Trump wants to ensure that America’s neighbors to the north and south help him fight the migrant crisis, announcing that he will punish both Canada and Mexico with a 25% tariff on goods until migrants stop crossing into America from their lands. Justin Trudeau reportedly called Donald Trump within two hours of his public […]
Donald Trump believes tariffs could offset taxes, but tariffs will be a tax in itself to the American consumer. Trump is proposing to raise taxes from 60% to 100% on Chinese goods. He would also like to implement a universal tariff from 10% to 20% on all international imports. Ultimately, the consumer will end up […]
Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may have never heard of at that moment in time. The dollar is basking in […]
Semiconductor chips were the main topic at an adjacent conference in the Hilton Bonnet Creek this week. An employee of mine spoke with one attendee who said shareholders were concerned that their manufacturing headquarters were located in Taiwan. Should they be concerned? I’m told the general consensus was that even in the event of China […]
Sanctions and a mysteriously erupted underwater gas pipeline have led to a dramatic decrease in trade between the European Union and Russia. In June, trade between the two fell by 10% to €4.9 billion, marking a low not seen since September 1999, when trade fell to €4.6 billion. Russia continues to export gas (1.1 […]
US manufacturing is in trouble as companies move offshore to avoid taxation, high wages, and asinine green legislation. John Deere, an American branded company, announced it will move manufacturing from Illinois to Ramos, Mexico. This is part of a growing trend of companies simply finding it difficult to turn a profit in the US. John […]
The Environmental Protection Agency wants to decimate the fossil fuel industry in the US. The European Environment Agency has planned to eliminate its fossil fuel industry as well, as has Environment Canada and every nation following the green agenda put forth by the World Economic Forum. These agencies gave Russia and the middle east a […]
Chinese President Xi Jinping believes that that the United States made an attempt to provoke him into invading Taiwan. Xi is attempting to explain to the world that the Neocons in the West have become the aggressors. He said he will not take the bait, for now, but the West continues to instigate global warfare. […]
