Truth, Inspiration, Hope.

FINANCE

The headquarters of Merck in Darmstadt on November 22, 2019 in Germany. Merck’s antiviral COVID-19 pill, molnupiravir, was developed with $35 million in NIH and NIAID taxpayer funding at Emory University. Now, Merck is selling it back to the government at 35 times the cost of its generic counterpart.
The NIAID and NIH Financed Development of Merck’s COVID Pill, Now They’re Selling to Taxpayers at 3,500%
Merck’s recently announced pill-based antiviral treatment for COVID-19 was researched and developed at...
Made-in-China Passenger Jet Comes With 40 Percent Foreign Components
The Commercial Aircraft Corp of China (COMAC) is set to deliver its first large passenger jet, the C919...
evergrande-domino-effect-china
China’s Evergrande Crisis Could Lead to a Massive Domino Effect in Real Estate
Commentary by Cheng Xiaonong An overarching illusion about China's prosperity concerns the "construction...
Tattoos for Tacos: Mexican Restaurant’s Free Meal Deal for Permanent Wearers of Their Logo
While there is no such thing as a free lunch, exceptions to the rule may apply. One small San Francisco...
Chinese Manufacturing Sector Weakens, Power Crisis Remains a Major Threat to Factory Output
China was said to have made a strong economic recovery following the damage unleashed by the COVID-19...
Hundreds of Chinese Companies Might Soon be Delisted From American Stock Exchanges
Chinese firms have long secured funding from American capital markets without proper checks and balances...
China Fails to Boost Purchase of US Goods and Energy in Contravention of US-China Trade Deal
Katherine Tai, the United States Trade Representative (USTR), is expected to declare on Oct. 4 that China...
Surfers wait at Huntington Beach, California on September 25, 2021 as a container ship waits offshore. The western world is facing a major supply chain problem heading into the Christmas season that could be fueling record inflation.
US Supply Chain Under Pressure as Ships at California Ports Face 4-Week Unloading Time
As Christmas rush approaches, the North American supply chain is under pressure with ports in California...
Evergrande Crisis Could Cause a Damaging Domino Effect While Powerful CCP Families Profit
On Sep 22, in an attempt to assure concerned western investors, the Evergrande Group announced that it...