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Tag Archives: china
“Cash-Strapped” Venezuela Stares Into The Abyss… And Its Default Risk Goes Parabolic | Zero Hedge
“Cash-Strapped” Venezuela Stares Into The Abyss… And Its Default Risk Goes Parabolic | Zero Hedge. Some two weeks ago (when Venezuela CDS was trading at only 2300 bps) we previewed what – with almost absolute certainty – would be the first “casualty of the crude carnage” – Nicholas Maduro’s little socialist paradise that couldn’t: Venezuela. As a reminder, back then […]
China Blocks Carbon Review Sought by U.S. at UN Talks – Bloomberg
China Blocks Carbon Review Sought by U.S. at UN Talks – Bloomberg. China rejected scrutiny of efforts to limit carbon emissions, a key tool that the U.S. says is necessary as more than 190 countries work to devise a new deal to fight climate change. Chinese negotiators sought yesterday at a climate conference in Lima, Peru to delete provisions […]
It’s official (finally): The US is no longer the world’s #1 economy
It’s official (finally): The US is no longer the world’s #1 economy. It seems rather appropriate that just seven days after the US government hit a whopping $18 trillion in debt, mainstream financial media has picked up the IMF’s recent World Economic Outlook report, which puts the US economy as #2 in the world. There’s […]
China Bad-Loan Level Seen Understated After Economy Slows – Bloomberg
China Bad-Loan Level Seen Understated After Economy Slows – Bloomberg. China’s bad-loan ratio may have been understated by at least a third in the second quarter as an economic slowdown weakened borrowers’ ability to repay debts. The level may have been 1.5 percent or above,China Orient Asset Management Corp. said in a report yesterday, citing its survey of […]
And The Biggest Winner From The OPEC Price War Is… | Zero Hedge
And The Biggest Winner From The OPEC Price War Is… | Zero Hedge. “This is a golden time window to acquire more strategic oil at lower costs,” notes one Hong-Kong based analyst, as Bloomberg confirms what we have noted here and here, that China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer […]
Swiss Gold No – Repatriation, Demand from Russia, India and China More Important | www.goldcore.com
Swiss Gold No – Repatriation, Demand from Russia, India and China More Important | www.goldcore.com. IntroductionSwitzerland’s ‘Save our Swiss Gold’ referendum was convincingly rejected yesterday by the Swiss electorate following an aggressive anti-gold campaign in recent weeks that had been closely watched both in Switzerland and abroad. Unusually, it involved the Swiss National Bank (SNB) […]
China’s Nuclear Power Gamble Is Mind-Boggling
China’s Nuclear Power Gamble Is Mind-Boggling. The numbers that define China’s progress over the last 50 years are staggering. Over 300 million people lifted out of poverty. Over 160 cities with more than 1 million inhabitants. Over 630 million Internet users.. And now, following the recent climate change deal with U.S., China has a massive […]
China Strengthening Claim To South China Sea Oil And Gas
China Strengthening Claim To South China Sea Oil And Gas. Not gone and not forgotten, China is ready to solidify its claim to the South China Sea (SCS). Recent satellite imagery confirms China is conducting significant land reclamation operations in the Spratly Islands in the SCS. The SCS is an important fishing ground and is believed to […]
Exclusive: China ready to cut rates again on fears of deflation – sources | Reuters
Exclusive: China ready to cut rates again on fears of deflation – sources | Reuters. (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. […]
Tomgram: Michael Klare, The New Congress and Planetary Disaster | TomDispatch
Tomgram: Michael Klare, The New Congress and Planetary Disaster | TomDispatch. Looking for a little hope on climate change? Believe it or not, it’s here and it’s real. And I’m not referring to the fact that, at least temporarily, oil prices have gone through the floor, making environmentally destructive “tough oil” projects like western oil-shale fracking and Canadiantar sands extraction […]
On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” | Zero Hedge
On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming” | Zero Hedge. The news this week of China’s largest corporate bankruptcy – Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron […]
charles hugh smith-Have Central Banks Entered an Undeclared War?
charles hugh smith-Have Central Banks Entered an Undeclared War?. The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy. I recently suggested that the devaluation of the yen was Japan’s Monetary Pearl Harbor: a direct attack on the currencies of its major trading partners: the euro (European Union), the won […]
China And The New World Order
China And The New World Order. The following video was originally produced by The Corbett Report James Corbett does an excellent job in the following video of laying out the considerable evidence indicating that modern China is and always has been a puppet for the NWO financial elite. As we have covered here at Alt-Market for […]
The Great Change: Is this all we get?
The Great Change: Is this all we get?. As we endure the kind of 11-day Arctic blast of all-powerful Rossby Waves that will define our childrens’ future, we note a sudden uptick in interest in climate. Unfortunately, the new US-China bilateral climate deal leaves us feeling like that T-shirt that says, “I went to Beijing […]
The Desperate Suicide of Competitive Devaluation….. | Zero Hedge
The Desperate Suicide of Competitive Devaluation….. | Zero Hedge. The zero sum game of competitive global currency devaluations is on like Donkey Kong. Anyone still sleeping comfortably, confident that all will end well, best brace themselves for a resounding wake up call. Be alarmed, Japan just jacked the joint, and the jerry rigged monetary jig […]
