India’s government is about to embark on a spending spree, if historical facts and figures are to be believed. During the last two years of an Indian government’s five-year long term, there is generally a significant pick up in government… Read More ›
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This Is The Hottest Sector Of The Market And It May Just Be Getting Started
Very different messages were appeared to be sent by two signals about the strength of consumer spending in the United States. While on one hand, the consumer spending figure reported Friday was quite weak, with the Bureau of Economic Analysis announcing… Read More ›
IMF Says As Oil Prices Rise, Middle East Will See Ballooning Deficits Tumble
A director at the International Monetary Fund (IMF) said that as austerity, taxes and stable oil prices begin to take effect, oil exporters in the Middle East and North Africa will see their budget deficits shrink. “Sizeable adjustments were made in… Read More ›
At Southeast Asian Leaders’ Meeting, China Scores Tacit Victory
In a situation where U.S. allies in Asia have previously criticized Beijing over its actions in disputed maritime territory, China won approval from Southeast Asian leaders on Saturday at a meeting. With a statement noting “the improving cooperation between Asean… Read More ›
As Talks Edge Closer, EU Throws Down Brexit Gauntlet To U.K.
Listing demands Prime Minister Theresa May must satisfy before they will discuss the trade deal she wants and urging her to be more realistic in her expectations, European Union governments threw down the gauntlet to the U.K. ahead of Brexit… Read More ›
In Hopes Of Living Longer, An Extreme High-Fat Diet Is What Silicon Valley’s Elite Are Flocking To
In hopes of prolonging their lives and improving their health, a lot of the Silicon Valley elite are doing extreme experiments on their bodies. The latest fad among this set is sticking to a so-called ‘ketogenic’ diet that is considered… Read More ›
South Korea Presidential Frontrunner’s Aide Says Paying For THAAD ‘Impossible’
A top foreign policy adviser to South Korean presidential frontrunner Moon Jae-in said on Friday that U.S. President Donald Trump’s suggestion that Seoul pay for the THAAD advanced U.S. missile defense system would be an “impossible option”. He wants South… Read More ›
Peak Oil Demand Is A Misleading Theory, Says Saudi Aramco CEO
While countering theories that demand will peak within years with his own forecast that consumption will keep growing for decades, the boss of Saudi Arabia’s state oil company defended petroleum as the mainstay of the global economy. “The global economy… Read More ›
Trump Wants Payment For THAAD Missile Defense System From South Korea, Threatens To Terminate Free Trade Deal
He will either renegotiate or terminate a “horrible” trade deal with South Korea, said U.S. President Donald Trump, reported Reuters. Reuters also said that for the THAAD missile defense system, the president also said he wants South Korea to pay for the… Read More ›
On Bets France Is Done Deal, Euro Goes From Dicey To Darling
The euro is suddenly everyone’s favorite even as it was perceived as the riskiest currency on the planet until Sunday’s French election. This shows what a difference a week can make. After the first round of the vote delivered all… Read More ›