FINANCE
On May 14 (Tuesday) Argentina's central bank cut the benchmark interest rate, after inflation slowed for the fourth straight month. The annual rate crested just shy of 300 percent, amid a tough austerity drive by libertarian President Javier Milei. The central bank said in a statement it had cut the
Elon Musk and Joko Widodo Meet to Discuss Possible Investments in Indonesia
On Saturday, May 14, Indonesian President Joko Widodo met with Tesla CEO Elon Musk in Texas to discuss...
Twitter a Workplace Where Hires ‘Become Commie,’ Project Engineer Says in Undercover Video Interview
The newest object of Elon Musk’s attention, Twitter, “does not believe in free speech” under the outgoing...
Here’s Just How Badly ‘Zero-COVID’ Has Damaged China’s Economy
Financial analysis The world’s second largest economy is paying the price for its unrelenting “zero-COVID...
The Cost to Hire a Trucker Is Crashing, but It’s the Busiest Time of Year
The market to contract a small trucking operation to carry goods is crashing despite this being the busiest...
Crashing Crypto Market Has Investors Openly Contemplating Suicide
It’s been a bad week for the cryptocurrency markets, perhaps the worst since Bitcoin became mainstream...
COVID Lockdowns Cut 98% of Tesla’s April China Sales, Production Also Hard-Hit
As China continues implementing citywide lockdowns in Shanghai and Beijing in order to uphold its “zero-COVID...
China’s Belt and Road Initiative Is Losing Money All Around the World
Now in its ninth year, the ambitious Belt and Road Initiative (BRI) may be on the verge of collapse.&...
US Firms Report Huge Dip in China Sales as Beijing Continues ‘Zero-COVID’ Measures
Several major companies, including Starbucks, Apple, Estee Lauder, and other U.S.-listed companies have...
USTR Begins Review of Four-Year China Tariffs, Hints at Potential Lifting of Restrictions
The Office of the U.S. Trade Representative (USTR) announced Tuesday, May 3, that it will begin a statutory...