President Trump has announced the raising of tariffs on China effective Sept 1st and October 1st, 2019. This is one arrow in a quiver filled with economic consequences: The preexisting 25 percent tariff on $250 billion in Chinese goods will increase to 30 percent effective October 1st, 2019. The pre-planned 10 percent tariff on $300 […]
U.S. Container Ports Report Surprising Growth Despite Tariffs…
Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7% year-on-year import throughput growth in July, for a cumulative 1,865,645 teu. However, analyst John D McCown, of consultancy Blue Alpha Capital, still believes that the impact of tariffs on Chinese imports “will become dramatically more pronounced”. The better-than-expected […]
Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…
U.S. stocks, especially shares of tech companies, and bond yields rallied Tuesday after the White House said tariffs on key Chinese imports would be delayed. Early in the day’s session, equities turned positive on a report that China’s commerce secretary agreed to conduct a phone call in two weeks with U.S. Trade Representative (USTR) Robert […]
‘Another Nail in the Coffin’ of Democracy and Journalism as U.S. Newspaper Giants Gannett and GateHouse Announce $1.4 Billion Merger…
Members of the press and democracy advocates issued grave warnings about the future of journalism in the United States on Monday after the nation’s two largest newspaper publishers unveiled plans for a $1.4 billion merger that, if approved, will spawn an “unprecedented” media conglomerate. GateHouse Media announced Monday that it will purchase Gannett, which owns […]
JFK Files Reveal U.S. Planned to Buy Soviet Planes to Carry Out False Flag Attacks…
According to the partially declassified document, a March 22, 1962 meeting attended by the Special Group Augmented (SGA), a high-level Kennedy administration committee charged with overthrowing the Cuban government, included a discussion on the different possibilities for obtaining Soviet planes. The SGA group, which formally included Attorney General Robert Kennedy, CIA Director John McCone, National […]
Command of HM Montrose Refrain from Firing on the Iranian Revolutionary Guard Corp? Who in Iran Gave Orders to Capture the ‘Stena Impero’…
The US officially asked Europe, in particular the UK, France, Germany and Italy, to provide a naval force to patrol and protect ships sailing in the Straits of Hormuz, even if the command and control is handled by the Europeans and not the US. Washington wants to drag the old continent into the front line […]
UN Special Rapporteur on Torture Says He Is ‘Gravely Concerned’ About the Situation of Julian Assange…
“Gravely concerned”. The UN Special Rapporteur on torture, Nils Melzer, does not mince words in conveying his serious concerns about the situation of the WikiLeaks founder, Julian Assange. Last May, Melzer visited Assange at the Belmarsh high-security prison in London assisted by two doctors who are experts on torture and inhuman or degrading treatment. At […]
U.S. Formally Asks Germany to ‘Help Secure’ Strait of Hormuz…
The United States has formally asked Germany to join a European naval mission to protect shipping in the Strait of Hormuz, the US embassy in Berlin said Tuesday. Earlier, embassy spokeswoman Tamara Sternberg-Greller told the DPA news agency about the request. The embassy confirmed the statements to DW. “We’ve formally asked Germany to join France […]
U.S., Russian Delegations to Discuss New START Treaty in Geneva…
Delegations from the U.S. and Russia are expected to meet this week to discuss arms control and the possibility of coaxing China into negotiating a new, three-way nuclear weapons pact, two senior administration officials said Monday. The New START treaty, the last major arms-control treaty remaining between the U.S. and Russia, expires in 2021. There […]
Beijing Shocked President Trump Maintains Wrong Thinking to Magnanimous Panda Ahead of G20…
Oh dear, China is unhappy. According to the Global Times President Trump is not “showing enough good faith” to demonstrate he “wishes to ease the trade tensions” with magnanimous panda. Sincerity is not being observed. The G20 is coming up next week. Magnanimous panda has exhibited great gesture with North Korea. Expectations of reciprocal acquiescence […]
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