Tag: Tariffs

IMF sets another condition for crisis-hit Pakistan to revive loan

Tina Marie (Ms. Cat)

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.

How much did Trump-era tariffs on China cost Americans? New US findings confirm ‘self-inflicted harm’

Tina Marie (Ms. Cat)

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’

China meets American hegemony head-on

Tina Marie (Ms. Cat)

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

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Canadian reporter caught falsely claiming Trudeau was briefed with names of ‘Chinese-funded’ election candidates

Tina Marie (Ms. Cat)

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

Biden’s Tech-War “Goes Nuclear”

Tina Marie (Ms. Cat)

Biden’s Tech-War “Goes Nuclear”

So, where is all of this heading, you ask?

To more conflict, more confrontation, higher prices, lower standards of living and, eventually, a disintegration of the prevailing order. That much is certain. The problem, of course, is that the China hawks now control the levers of power in Washington which means that the attacks on China will intensify, decoupling will accelerate, and a massively-destabilizing international crisis will soon follow.

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Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job