Tag: Trade Wars

The Centre of International Insecurity

Tina Marie (Ms. Cat)

The Biden administration is no longer in charge of the White House. Relying on a select network of think-tanks and their corporate proxies, the Big Defense is. What it wants, it seems to get.

The Centre of International Insecurity

Related:

Scott [Horton] is joined by Dan Steinbock to discuss an article he wrote about the network of Democratic organizations running American foreign policy. Steinbock has dug deep into the Center for a New American Security (CNAS) and WestExec Advisors, two organizations that have allowed top foreign policy officials to make money cycling between government, think tank and advisory roles. Steinbock also takes a step back and examines how these organizations are connected to weapons companies, Wall Street and technology firms.

6/27/22 Dan Steinbock: How Hawkish Democrats Make Money Pushing War

PRC Could Starve US Military-Industrial Complex of Ability to Build Weapons With One Move: Report

Tina Marie (Ms. Cat)

The United States is the world’s largest exporter of armaments, accounting for more than 38 percent of international weapons sales between 2017 and 2021. The Pentagon is also the US military-industrial complex’s single largest buyer, with its $801 billion in military spending dwarfing that of all of Washington’s major adversaries combined.

PRC Could Starve US Military-Industrial Complex of Ability to Build Weapons With One Move: Report

Dow drops 400 points after Trump says he could wait on China deal

Tina Marie (Ms. Cat)

U.S. equities slid on Tuesday after President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election.

The Dow Jones Industrial Average fell more than 400 points shortly after the opening bell, led lower by trade-vulnerable Apple, Caterpillar and 3M. The S&P 500 slid 1.2% amid losses in chip stocks like Nvidia, Micron and Advanced Micro Devices. The Nasdaq Composite also lost 1.3%.

Markets hit their lows of their day after Fox News reported that the White House still plans on moving ahead with scheduled Dec. 15 tariffs on Chinese goods notwithstanding recent efforts at a “phase one” trade truce.

— Read on www.cnbc.com/amp/2019/12/03/stock-market-wall-street-in-focus-amid-south-america-trade-tariffs.html

Futures Fade China PMI Euphoria After Trump Restarts Trade War With Brazil, Argentina

Tina Marie (Ms. Cat)

Top Overnight News from Bloomberg

The House this week begins the solemn task of deciding whether to bring impeachment articles against President Donald Trump, faced with a sharply divided American public, a compressed timetable and doubts about how and if the White House will participate
Peter Navarro, the self-described “bad cop” of Trump administration economic policy, wants to shake up the World Trade Organization
Chancellor Angela Merkel’s government was thrown into crisis after Germany’s Social Democrats redrew the country’s political map by electing a new leadership seen as a threat to the survival of their coalition; Chancellor Angela Merkel’s party told the new leadership that there will be no renegotiation of the terms of their alliance
The Labour Party gained on the ruling Conservatives in four of five polls with two weeks until the U.K. election, with one of them signaling a possible hung parliament
First it was India and South Korea. Now Japan and New Zealand are joining Asia Pacific’s fiscal stimulus bandwagon, raising concerns for bond investors who will be asked to fund the attempt to re-ignite growth
For years, OPEC ignored the rise of the U.S. shale industry and came to regret its mistake. Now, the group is making another bold gamble on America’s oil revolution: that its golden age is over
— Read on www.zerohedge.com/markets/futures-fade-china-pmi-euphoria-after-trump-restarts-trade-war-brazil-argentina

Nice! Bankrupt America! 😡