Posts Tagged ‘economy’

Will the Federal Reserve Make Trump a New Herbert Hoover? Is the US Economy Primed for a 1929-style Shock?

In recent months US President Trump has pointed repeatedly to his role in making the American economy the “best ever.” But behind the extreme highs of the stock market and the official government unemployment data, the US economy is primed for a 1929-style shock, a financial Tsunami that is more influenced by independent Fed actions […]

As Global Economy Weakens, Trump Escalates Trade War

Multiple rounds of Sino/US trade talks failed over unacceptable Trump regime demands and aims. They’re unrelated to the bilateral trade imbalance — caused by corporate America shifting operations to China and other low-wage countries.  Another round of US/China talks are scheduled for October 10 in Washington, impasse likely to continue — ahead of an October […]

Occupy Down Town Beirut! Is Lebanon’s Economy Collapsing beyond Resuscitation?

By Fatima Haydar – Beirut Lebanon, the tiny Middle Eastern country on the Mediterranean Sea, is still recovering from a devastating civil war. Almost three decades had passed and Lebanon is still suffering from the consequences of that war which ended in 1990. The economic situation in Lebanon is beyond repair; and the situation is […]

Hundreds protest state of economy in Lebanon

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‘It’s the economy, stupid’: Merkel goes to China

   A 3-day visit to China by Chancellor of Germany Angela Merkel, who was accompanied by a sizable delegation, began on 6 September. The visit itself and its outcomes are quite telling and indicative of the ever increasing pace of the radical transformation the current world order is undergoing. This is Angela Merkel’s 12th official […]

‘She is indeed ugly’: Brazil’s economy minister echoes Bolsonaro’s insults against Brigitte Macron

Paulo Guedes was complaining to businessmen in Fortaleza about media coverage of the Bolsonaro administration when he made the comments about French President Emmanuel Macron’s wife, which unsurprisingly is what the media has zeroed in on. “What I see in the newspapers is that he insulted [UN high commissioner for human rights Michelle] Bachelet, or […]

Iran’s economy resilient due to resourcefulness: Zarif

Tasnim – Iranian Foreign Minister Mohammad Javad Zarif said the Islamic Republic’s economy continues to be resilient despite facing various crippling sanctions from the US. Zarif, who was in Malaysia for a one-day visit, said Iran managed to weather the sanctions by undertaking programs for such purpose and relying on its resources. “Iran has programs […]

The Key To A Sustainable Economy Is 5,000 Years Old

The Key To A Sustainable Economy Is 5,000 Years Old Above Photo: Klaus Wagensonner / Flickr We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt […]

Trump’s Tweets and China-Baiting Distracts from Fundamentally Poor US Economy

The question on most financial analysts’ minds this weekend: is Trump’s trade war with China triggering an economic downturn, thus increasing odds that the US economy will fall into recession? Stocks fell rapidly on Wall Street at closing on Friday after Trump responded to China’s tariff threat against American imports – pushing the market to […]

Alex Newman – Globalists May Try to Crash Economy to Get Trump

Blog of Staś Staś Source Article from Related Posts Bill Maher’s ‘prickstarter’ campaign to oust Trump shows what liberal comedians think of the average American It’s a peculiar phenomenon of the Trump era that cable news hosts and late-night comedians Desperate Democrats Introduce ‘THUG Act’ to Stop Funding for G-7 at Trump Resort Democrat […]

Powell Hints At More Rate Cuts, Says "Economy In Favorable Place" But Warns Of "Significant Risks"

The much anticipated Jerome Powell Jackson Hole speech on “Challenges for Monetary Policy” is finally out, and the first thing that stands out is Powell’s assurance that the economy is in a “favorable place,” but immediately refers to “significant risks” in the very first paragraph of a text that, according to Bloomberg “ultimately appears to signal a rate cut […]

Grand Theft Economy: Rockstar Games Pays No Tax

Rockstar Games are supposed to be a British business success story. They’re one of the biggest names in the video games industry, and they’ve made billions of dollars through global hits like ‘Grand Theft Auto’ and ‘Red Dead Redemption. In the eyes of many gaming fans, they could do no […]

What Globalism Did Was to Transfer the US Economy to China

The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense of these long-term […]

Israeli economy grew at just 1% in Q2 2019

According to the first estimate by Israel’s Central Bureau of Statistics, the economy grew by just 1% on an annualized basis in the first quarter of 2019. This reflects a sharp slowdown from 4.7% in the first quarter of 2019 and 4.2% in the fourth quarter of 2018. The sluggish growth in […]

5 Sectors of The U.S. Economy That Are In Decline

By Steven Maxwell As regular readers of this site are probably well aware, it often feels like we are living in parallel worlds when it comes to media coverage of just about anything. This is extremely evident in the economy. In a game of numbers, one would think that there would be much more obvious […]

HSBC Will Slash Thousands Of Jobs As Economy Worsens

By Mac Slavo Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses, and it’s not likely to end here. The retail […]

Photos: Iran, Azerbaijan economy ministers’ meeting in Tehran

Iranian Minister of Finance and Economic Affairs Farhad Dejpasand and his Azerbaijani counterpart Shahin Mustafayev held a meeting in Ministry of Economic Affairs and Finance department in Tehran on Saturday.     Source Article from Related Posts Photos: Grand procession held in Tehran to commemorate Arbaeen Tasnim – A large number of residents of […]

US economy grew more slowly in 2018 than previously estimated

The US government says the economy grew more slowly in 2018 than it previously estimated, downgrading its estimate from 3% to 2.5%. President Donald Trump had frequently boasted of the 3% growth figure as evidence that his policies invigorated the economy. The US Commerce Department lowered its estimate of growth from the fourth quarter […]

Watch Live: Fed’s Powell Explains Why He’s Cutting Rates In ‘Greatest Economy Ever’

With the Fed’s critical July meeting – where equity bulls hope to see the central bank deliver the 50 bp cut to the Fed funds rate that President Trump has demanded – just weeks away, Fed Chairman Fed Powell will sit for his biannual testimony before Congress this week, starting with the House Financial Services […]

With a crumbling economy, Gaza’s poorest are pushed into homelessness

Amid growing financial strain, Palestinians in Gaza who are unable to pay rent are now living in tents. Most were tradesmen who lost their jobs in recent years. Some were once part of Gaza’s slim middle-class. Of those with degrees, many studied hard sciences. After a decade of siege on Gaza’s crumbling economy, even once […]

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