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The Best in Alternative News

The Decline and Fall of General Electric, the Poster Child of Obamanomics…

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Sometimes we look back a decade or so and reconsider our word choice. For instance, I used to call General Electric — with its heavy lobbying, its intimate ties to the White House, all its bets on green energy, on embryonic stem cells, on Obamacare, on industrial policy — the “for-profit arm of the Obama […]

China Reports Biggest-Ever Annual Trade Surplus With U.S….

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China reported its largest-ever annual trade surplus with the U.S. last year while its overall imbalance with the world shrank, potentially strengthening the Trump administration’s case for tougher penalties and other trade actions against Beijing. A global recovery led by the U.S. provided a shot in the arm for Chinese exporters last year, boosting China’s […]

Day #6 and 7 Schedule: President Trump Departs China – Heading To Vietnam APEC CEO Summit…

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After a remarkably successful and consequential visit to China, President Trump and First Lady Melania will be departing Beijing today. President Trump travels to Vietnam for the APEC CEO Summit, while First Lady Melania heads back to Washington DC. In the morning, President Donald J. Trump will depart Beijing, Peoples Republic of China en route […]

Putin Orders to End Trade in U.S. Dollars at Russian Seaports…

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Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website. To protect the interests of stevedoring companies with foreign currency obligations, the government was instructed…

U.S., Canada and Mexico Outline NAFTA Priorities – Canada’s Hilarious Virtue Signaling, and Mexico Perpetually Offended…

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I find it interesting that Chinese TV is more interested in NAFTA renegotiation than most U.S., Canada or Mexico media. Against the backdrop of China exploiting NAFTA as a backdoor into the U.S. market we accept this disparate level of interest is not accidental. China is specifically the “third party dumper” mentioned by Robert Lighthizer…

Trump’s Right About Germany…

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President Donald Trump had harsh words for Germany at a NATO meeting in Belgium this week, where he reportedly referred to the Germans as “bad, very bad.” Gary Cohn, the president’s top economic adviser, later clarified that Trump was referring to Germany’s trade practices. The criticism of a close U.S. ally at a typically pre-programmed […]

Canadian Political Pressures Force Trudeau’s Hand on U.S. Trade Disputes…

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Canada escalated a trade dispute with United States by making threats Washington called inappropriate in part because Prime Minister Justin Trudeau is under pressure to secure support in a key region ahead of the country’s 2019 elections. Washington last month slapped tariffs on timber imports, prompting Trudeau to say he was considering a ban on […]

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