World

The White House Introduces New Stricter Sanctions on North Korea

As the Olympics in South Korea comes to an end, the Trump Administration has unveiled a new sanctions package against North Korea that will impact trading and shipping companies that are based in Kim Jong Un’s regime. “The administration sanctioned nearly 60 companies and ships and one individual it says are helping North Korea evade an international ban on coal ...

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China’s Silk Road: Can they Appease Pakistani Militants

It appears as though China has hit one of the many bumps in the silk road. Laborers working in Pakistan’s province of Baluchistan are being gunned down by militants. On Friday, three Pakistani workers were killed while making a trip to buy daily supplies in Hoshab, a small town about 175 miles from the construction site in Gwadar. “Gwadar’s deep-water port ...

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Saudi Arabia ‘Corruption Probe’ Nets $106B from Saudi Rich

The Ritz-Carlton hotel in Riyadh is finally reopening to the public following the Saudi Arabian government’s use of the space as a “luxury prison” to detain and question the country’s most prominent businessmen. The hotel was closed for 99 days, during which time the SA government imprisoned 381 people as part of an anti-graft campaign. Some detainees were released after ...

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Big Brother China Launches New Surveillance Tech

In preparation for the Lunar New Year, Chinese cops are ramping up their crowd-surveillance abilities with facial-recognition sunglasses. China is already a leader in its use of surveillance technology, but the new glasses “could expand the reach of that surveillance, allowing authorities to peer into places that fixed cameras aren’t scanning, and to respond more quickly,” reports the Wall Street ...

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Taliban Causing Devastation and Gaining in Afghanistan

Although there has been more of a focus on ISIS, the Taliban is still very much a threat in Afghanistan. There have been attacks in Kabul, the country’s capital, on the last two consecutive weekends, killing hundreds. Over the weekend, a car bomb in a fake ambulance blew up outside a hospital, killing at least 103 people. Just a week ...

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Half of Venezuela’s Economy has Disappeared Since 2013

We noted Venezuela’s collapsed as a country last fall, it no longer has democratic elections. The latest is the country has officially lost half of its economy since 2013. According to the International Monetary Fund, Venezuela’s inflation is at an all-time high with the prices of goods expected to skyrocket by 13,000% and unemployment will reach 30% this year. Last year ...

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NAFTA – Does Canada Secretly Want Out?

Meetings to negotiate a continuation of the North American Free Trade Agreement between Canada, Mexico and the US commenced this week in Montreal and are scheduled to conclude by January 31, 2018. Canada and Mexico have both expressed a desire to continue in the agreement.  US President Donald Trump, on the other hand, was sharply critical of NAFTA on the ...

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What is Happening at Davos?

The annual World Economic Forum in Davos, Switzerland came to an end earlier today and U.S. President Trump was the featured speaker on the last day. His message was that “America is open for business again and we are competitive once again.”  He stressed that his policies are meant to boost business and reward production, invites investment and attracts capital. ...

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Canada and TPP: A Pyrrhic Victory?

Canada and the remaining members of the old Trans-Pacific Partnership agreed Tuesday (January 23) to a revised trade agreement.  Last fall, participants rebranded the pact as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Rebranding the treaty was perhaps in order after the ignominy of both US presidential candidates coming out against the old TPP on the campaign trail in ...

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New Focus on Trade Agreements with China

President Donald Trump has made it clear that his administration’s trade policies will reflect his “America First” campaign. Last week, it was revealed that China had the largest-ever annual trade surplus with the U.S. in 2017. So why is the U.S. importing more from China than exporting? Well, for years Chinese companies have been accused of stealing trade secrets from U.S. companies and ...

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