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Here’s The Proof: How The CPI Is Underrepresenting Food Inflation By 40%
Here’s The Proof: How The CPI Is Underrepresenting Food Inflation By 40% The “muzzle” on reported inflation has policymakers and analysts perplexed. As Joseph Carson, former director of economic research at Alliance Bernstein writes in his follow up to a “New Working Theory on Inflation“, numerous economic explanations and theories have been offered, and policymakers […]
Commerce Department Targets China With Proposed Tariffs On ‘Currency Manipulators’
Commerce Department Targets China With Proposed Tariffs On ‘Currency Manipulators’ A lot has happened since then-candidate Trump said he would label China a currency manipulator on ‘day one’ should he make it to the Oval Office. So far, at least, the pledge to hold Beijing accountable for manipulating its currency wouldn’t fall into the ‘promises kept’ column. But […]
China Enraged After US Sails Two Destroyers Through Taiwan Strait
China Enraged After US Sails Two Destroyers Through Taiwan Strait Just in case the “world tech and trade war I” was not enough to send US-China relations back decades, on Wednesday the US military sent two Navy destroyers through the Taiwan Strait in its latest transit through the sensitive waterway, “angering China” at a time […]
99 Lead Balloons… Are About To Come Crashing Down
99 Lead Balloons… Are About To Come Crashing Down ‘Lead balloon.’ That graphic description of public failure apparently dates from the US in 1924, and ironically was itself such a poorly-received idiom that it didn’t appear in the American press again until 1947. A few decades later, and the phrase was so well known that a […]
US Accuses Syria Of More Chemical Attacks Just As Chemical Weapons Narrative Crumbles
US Accuses Syria Of More Chemical Attacks Just As Chemical Weapons Narrative Crumbles The Institute for Public Accuracy published a report today about the leaked engineering assessment from the Organisation for the Prohibition of Chemical Weapons investigation into an alleged chemical attack in Douma, Syria which directly contradicts the findings of the official OPCW report on the […]
Lira Tumbles, Turkish Stocks Enter Bear Market After US Issues Ultimatum; Russia Furious
Lira Tumbles, Turkish Stocks Enter Bear Market After US Issues Ultimatum; Russia Furious The Turkish Lira tumbled as much as 1% against the dollar, leading a decline across emerging markets… … while Turkish stock market losses accelerated as the Borsa Istanbul 100 Index falls 1.5%, declining for a 6th day and 13 of the past […]
“No Talks, Only Resistance”: Iran’s Rouhani Slams Door On Trump’s “Call Me” Overture
“No Talks, Only Resistance”: Iran’s Rouhani Slams Door On Trump’s “Call Me” Overture At a moment the US Navy conducted provocative military exercises in the Arabian Sea on Monday, Iran’s president responded to overtures by Trump that Tehran should “call me” with a firm line of, “No talks, only resistance.” US military statements highlighted the Arabian Sea drills were specifically […]
On Hostile Coexistence with China
On Hostile Coexistence with China President Trump’s trade war with China has quickly metastasized into every other domain of Sino-American relations. Washington is now trying to dismantle China’s interdependence with the American economy, curb its role in global governance, counter its foreign investments, cripple its companies, block its technological advance, punish its many deviations from […]
Exxon Evacuates All Foreign Staff From Iraqi Oilfield On Security Concerns
Exxon Evacuates All Foreign Staff From Iraqi Oilfield On Security Concerns At the end of a week that’s witnessed a dangerous US military build-up in the Persian Gulf amid anti-Iran war rhetoric, Exxon Mobil has evacuated all of its foreign staff from Iraq’s West Qurna 1 oilfield, flying them to Dubai until “the situation is secure,” according […]
Top Iran Commander Invokes 9/11 To Say US Is “Frail”; A “Full Intelligence War” Is On
Top Iran Commander Invokes 9/11 To Say US Is “Frail”; A “Full Intelligence War” Is On lran is currently in “a full intelligence war” with the United States, according to statements by the head of Iran’s Revolutionary Guards, Major General Hossein Salami on Saturday. “We are in a full intelligence war with the United States and the enemies of the […]
Fake Has Become Realer Than Real And The Dogs Of War Are There To Keep It That Way
Fake Has Become Realer Than Real And The Dogs Of War Are There To Keep It That Way America’s self-imagined custodianship of human rights and freedom epitomize problems associated with fake prophesies. That Americans now rally behind the latest battle-cry of the Republic, ‘Make America Great Again’, indicate that they are indifferent to the fact […]
Beijing Backs Iran, “Firmly Opposes” Unilateral US Sanctions
Beijing Backs Iran, “Firmly Opposes” Unilateral US Sanctions In the latest sign of Beijing’s frustration with the US, the Chinese leadership have reiterated their opposition to American sanctions against Iran. After a meeting with Iranian Foreign Minister Javad Zarif, Chinese Foregin Minister Wang Yi reiterated Beijing’s ‘firm opposition’ to unilateral US sanctions against Iran. CHINA’S […]
Two More US Warships Travel To Persian Gulf As Tensions With Iran Escalate
Two More US Warships Travel To Persian Gulf As Tensions With Iran Escalate In the latest provocation against Tehran by the US, two Navy destroyers have entered the Persian Gulf as the American military continues to add to its assets in the region to head off any planned ‘aggression’, USNI reports. The USS McFaul and USS Gonzalez […]
Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66%
Total Catastrophe For U.S. Corn Production: Only 30% Of U.S. Corn Fields Have Been Planted – 5 Year Average Is 66% 2019 is turning out to be a nightmare that never ends for the agriculture industry. Thanks to endless rain and unprecedented flooding, fields all over the middle part of the country are absolutely soaked […]
