Business as Usual?: Trump is playing a dangerous game with America’s economy By Matt Egan, CNN Business Updated 7:36 AM ET, Tue August 6, 2019 New York (CNN Business) President Donald Trump’s escalating trade war against China threatens to inflict a powerful shock to the American economy that not even the Federal […]
Blog note. Jesus indicated that ‘fearful sights’ (various natural disasters) would occur leading up to the time known as the Tribulation and Great Tribulation (a combined seven year period of great destruction on earth). Although these types of things have occurred in the past for centuries and thousands […]
Jesus indicated that one (of many) signs of the end times or the end of the age grace would be that love for one another would grow cold. Matthew 24:12, “And because iniquity shall abound, the love of many shall wax cold.” This can be interpreted that lawlessness and violence […]
South Korea says ‘won’t be defeated again’ as Japan trade row spirals By Makiko Yamazaki and Ju-min Park. Reuters•August 1, 2019 TOKYO/SEOUL (Reuters) – South Korea fired back at Japan over a deepening trade dispute on Friday, pledging it would not be “defeated again” by its neighbor, laying […]
Japanese car sales plunge in S. Korea as trade row rages AFP•August 5, 2019 Japanese automakers saw sales in South Korea slump last month, industry data showed Monday, as President Moon Jae-in thanked his citizens for responding to the intensifying trade dispute with “one heart”. Japan in early […]
Hong Kong Risks an Economic Fate Worse Than Recession Enda Curran. Bloomberg•August 13, 2019 Already hurting from the U.S.-China trade war, Hong Kong’s economy could be facing something much worse than a recession. With protests continuing to disrupt the territory’s retail and tourism industries — and bringing the […]
Hong Kong spends billions to avert recession as protests hit the economy By Mark Thompson, CNN Business Updated 10:09 AM ET, Thu August 15, 2019 London (CNN Business) Hong Kong is pumping billions of dollars into its economy in a bid to avert a recession as the city’s political crisis disrupts business and slams financial […]
Argentina on the Cusp of Default. Fear Looms as Traders Dump Assets. Sydney Maki and Aline Oyamada Bloomberg. August 13, 2019 (Bloomberg) — Suddenly, fears of a full-blown financial crisis in Argentina have once again come rushing to the fore. In the wake of President Mauricio Macri’s stunning […]
Argentina’s massive stock market and currency sell-off triggers risk of contagion, analysts warn. Argentina is in recession and has 55% inflation. 2nd largest economy in South America. UPDATED WED, AUG 14 2019 1:04 AM EDT Sam Meredith. CNBC. The risk of contagion has flared-up following a stock market and […]
New Zealand’s central bank stuns as bold 50-basis-point rate cut bowls over kiwi dollar AUGUST 6, 2019 Reuters. WELLINGTON (Reuters) – New Zealand’s central bank stunned markets on Wednesday by cutting interest rates a steep 50 basis points and even flagged the risk of going nuclear by taking […]
