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
Communist Politics Are Bringing Disaster to China–And Xi Jinping
News analysis China is not doing well, and Xi Jinping is largely to blame. Draconian efforts to...
Truckers Spending $1,200+ to Fill Up as US Diesel Prices Set 25-Year High
The price of ultra low sulfur diesel (ULSD) in the United States not only suddenly broke sharply away...
Russian Gas Exports Soar Even as Kremlin Requests Payment in Rubles
As the invasion of Ukraine continues into its third month, Russia has continued to supply a large amount...
China Hints at Respite in Regulatory Crackdown on Tech Firms
Leading Chinese officials are scheduled to have a conference with the country’s big tech companies in...
Oil Used in Oreos and Toothpaste Becomes 10% More Expensive After Indonesia Bans Exports
Just days after Indonesia, the world’s largest exporter of the world’s most widely used vegetable oil...
The Understated, Yet Massive Power of Asset Management Firms BlackRock and Vanguard
Commentary Until recently, economic competition was the driving force for small and large companies...
Ex-Lehman Bros Trader Charged in Alleged Multi-billion Dollar Viacom, Discovery Pump Scheme
The founder and Chief Financial Officer of one of the most shocking cases of squandered generational...
Apple Complied With 100% of Chinese Government App Store Takedown Requests in 2020: Report
The world’s largest company acquiesced to 100 percent of App Store takedown requests made by the Chinese...
China Rolls out Private Pension Plan in Efforts to Tackle Economic Challenges Linked to its Aging Population
In a major move to address China’s growing elderly and aging population, Beijing has unveiled a private...