Commodities
When Coronavirus spread to the United States last March, the Wall Street was so shocked with the outbreak that the Dow Jones crashed nearly 3,000 points – about 13%. Everyone was panicked as none had experienced such a pandemic before. After all, the last time the world faced a pandemic at a similar scale was […]
... written on Jun 17 2021Gold is one of the most precious metals on the planet today. Its luxurious lustrous yellow color makes it desirable to most people. It’s no wonder this flashy stone is used majorly in the production of jewelry. For many investors, it seems to be an obvious choice when diversifying their investment portfolio. Its ability […]
... written on May 31 2021From Cargo Suspension To Price Hike – India Covid Crisis Shows How Much It Actually Depends On China
Weeks ago, as India saw its daily Coronavirus cases skyrocket to more than 250,000, the country received 300,000 Rapid Antibody Test Kits from the Chinese city of Guangzhou. Those test kits, which produce results in just 15 minutes and work on blood samples rather than nasal swabs, were quickly airlifted to Rajasthan and Tamil Nadu. […]
... written on May 13 2021The Cold War Has Begun – Beijing “Indefinitely” Suspends China-Australia Strategic Economic Dialogue
Relations between China and Australia have taken a twist for the worse when Beijing unexpectedly announced that the key economic dialogue with Canberra has been “suspended indefinitely”. The decision, made by the National Development and Reform Commission (NDRC), China’s top economic planner, saw the Australian dollar weakened against the U.S. dollar. The last time NDRC […]
... written on May 06 2021It’s been close to 12 months since China suspended imports of beef from Australia, and it’s hard to see how the ban would be relaxed anytime soon. In fact, the damage to Aussie red meat, valued at about A$3 billion, could be permanent. The exports of Australian beef to the Chinese market was the most […]
... written on Apr 19 2021Many people in today’s business industries designate their 401k benefit as a retirement. But these plans face exceptional risk with exposure to things like inflation threatening account holder’s funds. Without a diverse mix in the portfolio, there’s little protection for what you’ve worked so hard to accumulate. As people develop an understanding, whether through […]
... written on Apr 05 2021On Friday (March 26), China’s Ministry of Commerce announced that import duties between 116.2% and 218.4% will be imposed on Australian wines effective Sunday (March 28). The massive tariffs arrived after the ministry concluded that domestic wine industry had been hurt by the dumping of cheap Aussie wine. Worse, the anti-dumping punishment will last for […]
... written on Mar 26 2021If you boycott Xinjiang cotton, we’ll boycott you – said an internet user. That angry Chinese consumer is just one of 1.4 billion consumers in China who has started a nationwide boycott of Swedish fashion giant H&M. However, the attack against the world’s second-largest clothing retailer was first started when the Chinese Communist Party’s Youth […]
... written on Mar 25 2021The best way to provoke China is to play the Taiwan card. It works every time. And the trigger is always the United States. In January, the U.S. warned China – “We urge Beijing to cease its military, diplomatic, and economic pressure against Taiwan. We will continue to assist Taiwan in maintaining a sufficient self-defence […]
... written on Mar 05 2021Trying to reverse Donald Trump’s toxic “America’s first” agenda, President Joe Biden has started rallying the Group of Seven – G7 – allies back to the American flag. In his first address before the world since his inauguration as the 46th President of the United States, Biden declared in a virtual address to the Munich […]
... written on Feb 22 2021
