World

China has surpassed the World Bank as the World’s Largest Creditor

The opaque lending of China to developing countries has missed the eyes of the World Bank and other regulatory institutions. The reporting is far from transparent, as one would assume that the Chinese prefer to do their credit work under the radar. With that said, let’s try to establish some data points. “Between 2000 and 2017, other countries’ debt owed ...

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OPEC Meeting Overshadowed by G20 Meeting

Last week’s G20 meeting got all of the attention from investors and the media. Well, actually it was the meeting between President Trump and President Xi that got all of the attention. The two leaders did agree to a truce in the tariffs, and that was a positive step, but it certainly didn’t mark the end of the trade war. ...

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China Stumbles as the World Economy Revolves around Beijing and U.S.

It really isn’t a surprise that the global markets are on high alert to the volatility that comes from Chairman Xi and President Trump. Trump will be a topic for another day, as we will focus on the issues that plague Xi and his regime. The Maoist policies enacted by Xi over the last six years have gone mostly unnoticed ...

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Violence Shakes Hong Kong as Chinese Puppet Regime Cracks Down on Massed Protests

Hong Kong is in a massed state of shock, fear, and panic as police crackdown on massive protests a substantial portion of the pseudo city-state’s roughly 7 million citizens took to the streets to participate in. The massive violent clash for control of the city center is the worst violence Hong Kong has seen since 1997. The protests, in which ...

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Why Should We Educate the International Students?

In the latest tit for tat going on between Trump and Beijing, education is being thrown in the mix. The influx of Chinese students to our upper-tier universities has caused the administration to take a closer look at why we allow some 360,000 Chinese students on to our campuses. The parable of giving a man a fish, and he will ...

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Why the U.S. Dollar is the Global Currency of World Trade

Those that despise the U.S. around the world wish nothing more than the demise of our natural monopoly on the numeraire, and its place as trade reserve extraordinaire. Dollar denominated global transactions account for roughly 60 percent of reserves, with the euro falling a distant second at 20 percent of reserves, dwindling down to a few rubbles and yuan from ...

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Are Rare Earth Elements at Core of Trade War with China?

Something that is termed rare in relation to earth seems by its very definition to be of import. According to the Rare Earth Technology Alliance, there are 17 elements that are considered to be rare earth elements—15 elements in the lanthanide series and two additional elements that share similar chemical properties. This is right about when I started nodding off ...

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Oil Tumbles for a Second Consecutive Week

West Texas Intermediate Crude moved from below $45 a barrel to over $65 a barrel from December through April, but after breaking the $65 mark, the price has tumbled in recent weeks. As of Friday morning, the price was flirting with a key support level in the $55 area. The weekly chart below doesn’t reflect the downward move on Friday ...

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