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Inside Beijing’s airpocalypse – a city made ‘almost uninhabitable’ by pollution | Cities | The Guardian
Inside Beijing’s airpocalypse – a city made ‘almost uninhabitable’ by pollution | Cities | The Guardian. The scene could be straight from a science-fiction film: a vision of everyday life, but with one jarring difference that makes you realise you’re on another planet, or in a distant future era. A sports class is in full […]
China proposes broadening use of Yuan for trade with Russia: report | Reuters
China proposes broadening use of Yuan for trade with Russia: report | Reuters. (Reuters) – China’s trade minister proposed more use of China’s currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday. The rouble has fallen about 45 percent […]
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg
China Offers Enhanced Cooperation as Russia Struggles – Bloomberg. China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis. “To help counteract an economic slowdown, China is ready to provide financial aid to develop cooperation,” Premier Li Keqiangsaid at a Dec. 15 gathering in Astana, Kazakhstan. While […]
Violence In South Sudan Threatens Chinese Oil Investment
Violence In South Sudan Threatens Chinese Oil Investment. On December 15, 2013, fierce fighting broke out in South Sudan’s capital, Juba. Rebel forces loyal to Machar targeted South Sudan’s oil fields, and what started as a clash, quickly escalated to a civil war. Violence swept the country, killing tens of thousands people and displacing over […]
Here’s Why Hong Kong Police Are Beating Umbrella Protesters
Here’s Why Hong Kong Police Are Beating Umbrella Protesters. Fear. That’s the explanation the son of a police officer arrived at to answer the question of why police acted aggressively towards protesters during the Hong Kong protests. Chiang Kang, a writer for Hong Kong news website inmediahk.com, recently asked his father, who’s a Hong Kong cop, why the […]
China Prepares To Bailout Russia | Zero Hedge
China Prepares To Bailout Russia | Zero Hedge. Earlier this evening China’s State Administration of Foreign Exchange’s (SAFE) Wang Yungui noted “the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, “SAFE is closely watching Ruble’s depreciation and encouraging companies to hedge Ruble risks.” His comments also echoed the ongoing FX reform […]
“Oil May Drop To $25 On Chinese Demand Plunge, Supply Glut, Ageing Boomers” | Zero Hedge
“Oil May Drop To $25 On Chinese Demand Plunge, Supply Glut, Ageing Boomers” | Zero Hedge. We have forecast since mid-August that Brent oil prices would fall to “$70/bbl and probably lower”, and the US$ would see a strong rise. As Chart 1 shows, Brent has now reached our target, falling 40%, whilst the US$ […]
BBC News – China’s manufacturing activity contracts at year-end
BBC News – China’s manufacturing activity contracts at year-end. China’s factory activity is in contraction, based on a private survey, reinforcing calls for more stimulus. The HSBC/Markit manufacturing purchasing manager’s index’s initial reading fell to 49.5 in December from November’s final reading of 50. A reading above 50 indicates expansion, while one below 50 points […]
Yes, it’s possible for a gold-backed renminbi to dethrone the dollar
Yes, it’s possible for a gold-backed renminbi to dethrone the dollar. “[W]e want to use our reserves more constructively by investing in development projects around the world rather than just reflexively buying US Treasuries. In any case, we usually lose money on Treasuries, so we need to find ways to improve our return on investment.”– […]
New York Times on Benefits of Gold in Currency Wars | www.goldcore.com
New York Times on Benefits of Gold in Currency Wars | www.goldcore.com. The New York Times published an important article this week in which the benefits of gold to nation states during a period of currency wars was highlighted. The article was noteworthy as the New York Times has rarely covered gold in a positive manner. The […]
China’s Role In The Global (Paper) Silver Market – Jeff Nielson – Sprott Money News
China’s Role In The Global (Paper) Silver Market – Jeff Nielson – Sprott Money News. A recent interview with a precious metals commentator in the Alternative Media raised several interesting points. While a number of the points raised are/were worthy of discussion; the topic which will be the focus of this commentary are the remarks (and conclusions) […]
The United States Will Be in a War With Russia and China by 2025 at the latest!
The United States Will Be in a War With Russia and China by 2025 at the latest!. All indications point to a war between the United States and China / Russia – for example the increasing beat of war drums from all sides and the military and nuclear build up of China and Russia. It […]
China says U.S. can’t slam others on rights when it has racism problems at home | Reuters
China says U.S. can’t slam others on rights when it has racism problems at home | Reuters. China’s foreign ministry said on Thursday that the United States has no right to confront other countries on their human rights records when it faces problems with racism and mistreatment of prisoners at home. Both U.S. Secretary of […]
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com
Gold Surges As Greece Crashes – Eurozone Debt Crisis Part II Cometh | www.goldcore.com. Gold jumped 2.3 percent to a six-week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a haven. Monday night and Tuesday saw renewed market turmoil across the world. Leading shares suffered their biggest […]
BEIJING WE’VE GOT A PROBLEM « The Burning Platform
BEIJING WE’VE GOT A PROBLEM « The Burning Platform. The Chinese stock market hit a four year high today at 3,020. This is up 53% since the middle of 2013 low and up 48% in the last six months. I guess this must mean the Chinese economy is operating on all cylinders. If you think […]
