The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
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Tag: Tariffs
The US is fine with China’s economic success, as long as it’s on Washington’s terms
Treasury Secretary Yellen says engagement with Beijing is possible, as long as American ‘leadership’ is preserved
The US is fine with China’s economic success, as long as it’s on Washington’s terms
IMF sets another condition for crisis-hit Pakistan to revive loan
Crisis-hit Pakistan has made various economic modifications including hikes in fuel prices, raising taxes, and others demanded by IMF to unlock the loan program.
IMF sets another condition for crisis-hit Pakistan to revive loan
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Pakistan and the International Monetary Fund:
In 2018, Imran Khan became Prime Minister of Pakistan. For this, they arranged friendly loans from Saudi Arabia, United Arab Emirates and China to avoid tough IMF conditions. In 2019, when economic conditions worsened, they went to IMF for the twenty-second time for a loan of US$1 billion. IMF gave loan based on conditions such as hike in energy tariffs, removal of energy subsidy, increase in taxation, privatization of public entities and fiscal policies to the budget.
IMF bailout package — rescue or trap for Pakistan?
“The IMF’s agenda is not to strengthen global economies because if it does that, then the Fund itself will be out of business,” he said.
In Ethiopia, China and the US map rival roads to lasting peace
When US Secretary of State Antony Blinken arrived in Addis Ababa late on March 14 , China’s special envoy for the Horn of Africa, Xue Bing, had already held meetings with some Ethiopian government officials.
In Ethiopia, China and the US map rival roads to lasting peace
How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’
Import tariffs placed on more than US$300 billion worth of Chinese goods during the Trump administration increased US prices, according to a report from a bipartisan US trade commission, confirming a widely held view among analysts of trade and tariffs that they caused “self-inflicted harm”.
How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’
US Shoots Itself in the Foot in Africa
In Africa as in the rest of the world, US machinations undermine its goals and bring other nations together as they seek to protect themselves from a desperate empire.
US Shoots Itself in the Foot in Africa
China meets American hegemony head-on
In a rare scathing essay, Beijing’s foreign ministry has blasted Washington’s continued attempts at world domination
China meets American hegemony head-on
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No holds barred as China launches frontal assault on American dollar hegemony
Disclaimer: This information is not presented as a source of financial advice. You should not rely, for financial advice, on statements or representations made within this blog or by any externally referenced Internet sites. Before making any final decisions or implementing any financial strategy, you should consider obtaining additional information and advice from your accountant or other financial advisers who are fully aware of your individual circumstances.
Biden’s “Buy American” plan could kill US jobs
For a variety of reasons, the US is already one of the worst places in the world to build infrastructure. And now, president Joe Biden’s plan to “buy American” for future government infrastructure projects will likely make things even worse.
Biden’s “Buy American” plan could kill US jobs
It’s Worse Than I Thought: The Myth of Jeffrey Zients
There is no reason to trust a longtime corporate stooge to serve as President Biden’s chief of staff.
The Myth of Jeffrey Zients
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Read More »Canadian reporter caught falsely claiming Trudeau was briefed with names of ‘Chinese-funded’ election candidates
On November 7, 2022, Global News reporter Sam Cooper published a report titled “Canadian intelligence warned PM Trudeau that China covertly funded 2019 election candidates: Sources”. Cooper has a problem though: on November 20, Canadian PM Justin Trudeau admitted that he was never briefed about supposed Chinese-funded election candidates, doesn’t know their names (if they even exist) and only learned of the alleged Chinese election interference from media reports.
Canadian reporter caught falsely claiming Trudeau was briefed with names of ‘Chinese-funded’ election candidates
Ms. Cat’s Chronicles 
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