China has become the first country to receive more than 1m patent applications in a single year — a record the World Intellectual Property Organisation said reflected “extraordinary” levels of innovation in the world’s most populous nation. “[The Chinese] are making innovation a central part of their economic strategy,” Francis Gurry, director-general of the UN agency, said at a briefing in Geneva. While sceptics have long argued […]
November 24, 2016 by: Jamie Chisholm, Global Markets Commentator Thursday 08:30 GMT. European equity markets are trading cautiously in the wake of solid US data that bolstered the case for a near-term rate rise from the Federal Reserve and which has triggered another bout of dollar strength. The rampant buck is battering many emerging market currencies and leaves gold down $5 to $1,182.5 an ounce, the metal’s […]
By Shinichi Saoshiro | TOKYO TOKYO Most Asian stock markets fell on Thursday as upbeat economic data strengthened the prospect for higher U.S. interest rates, while the dollar’s bull run continued with U.S. bond yields propelled to multi-year highs. Japanese stocks swam against the tide and rose to a near 11-month high as the yen weakened. Spreadbetters saw a mixed opening for European stocks, forecasting a slightly […]
Submitted by Brandon Smith via Alt-Market.com, As I noted in my last article World Suffers From Trump Shellshock – Here’s What Happens Next, there are two primary consequences of a Trump presidency that actually serve globalists and elites in the long run. The first is the consequence of a perfect scapegoat for the economic crisis which the elites have been gestating since 2008. Trump enters the White […]
So Brexit was not a historical accident after all. The Trump victory seals it. A complacent, mainly urban liberal class, has been undone by a revolt. Nationalists are in charge of Washington and London now. These “strongmen” and “strongwomen” will control borders, restrict the movement of labour and subject cross-border M&A to ever tighter public scrutiny tests. Security will come first. The twin freedoms of capital and […]
With the gardening season upon us again we narrow down the most suitable plants for our climate. newslide 1. Flame tree (Delonix regia) The Delonix regia, or flame tree, should be your go-to if you’re looking to add a splash of colour to your garden. Sprouting fiery red, orange or yellow flowers, the flame tree, native to Madagascar, is typically found in tropical or near-tropical climates. It […]
The ads’ sponsor The Humane Society Legislative Fund formed in 2004 as the lobbying arm of the Humane Society of the United States, a public charity to which donations are tax-deductible. Donations to the Humane Society Legislative Fund, however, are not tax-deductible, as it’s organized as a “social welfare” nonprofit under section 501(c)(4) of the U.S. tax code. Electoral politics cannot be the primary focus of charities […]
WASHINGTON: President-elect Donald Trump said Tuesday he would “love” to clinch a deal to end the intractable conflict between Israel and the Palestinians, despite Israel’s revived plans to build 500 new homes for Jewish settlers in annexed east Jerusalem.“I would love to be the one who made peace with Israel and the Palestinians, that would be such a great achievement,” Trump said in an interview with The […]
The US government bond market suffered a renewed sell-off and the dollar powered to a fresh 13-year high on Wednesday, as stronger economic data bolstered the case for an interest-rate increase and reinforced the view that the multi-decade bond bull market has reached a turning point. The Republican sweep of the White House and Congress, coupled with president-elect Donald Trump’s promise to unleash a $1tn economic stimulus […]
By Lucia Mutikani | WASHINGTON WASHINGTON New orders for U.S. manufactured capital goods rebounded in October, driven by rising demand for machinery and a range of other equipment, the latest indication of an acceleration in economic growth early in the fourth quarter. The brightening economic outlook received a further boost from other data on Wednesday showing a jump in consumer sentiment this month following the election of […]
Mid-morning last Friday, as Tokyo’s foreign-exchange traders were contemplating lunch, the first pictures of Donald Trump meeting the Japanese prime minister, Shinzo Abe, flashed up. The yen bears loved it. Setting aside the gold-encrusted Babylonian decor of Trump Tower and forced bonhomie, conventional market wisdom before November 9 was that an image like this would send global investors everywhere screaming into haven, long yen positions. Forget an […]
At the Bundesbank’s Frankfurt offices, its dealers sit in front of rows of Bloomberg and Reuters terminals and search for €10bn-worth of their government’s bonds to buy each month. As prices for the debt hit record highs earlier this year, they struggled to find bonds cheap enough to meet their target, set as part of the European Central Bank’s quantitative easing programme. Now, as investors anticipate higher […]
Mexico can expect a windfall of as much as $2.9bn next month from its annual oil hedging programme, but that will be dwarfed by an expected bonanza from the central bank that could pour close to $20bn into government coffers in April, analysts say. For a government facing bitter spending cuts, an increasingly uncertain economic outlook, sharply lower growth prospects next year and the threat of a […]
Impala Asset Management, the $2.2bn hedge fund run by George Soros’s former chief investment officer, is benefiting from bets that an overhaul of America’s infrastructure and sustained demand from China will buoy appetite for commodities. Robert Bishop, who founded Impala in 2004, said they decided infrastructure would be a win whoever won the US election, but doubly so in the case of Donald Trump, a real estate […]
Eurozone corporate bond risk premiums have jumped to their highest level since July, as Donald Trump’s victory in the US election effectively erases gains generated by the European Central Bank’s policy of buying companies’ debt. A sharp rise in global bond yields since Mr Trump’s triumph has also spurred an underperformance of European credit relative to the US corporate debt market. Higher corporate credit spreads in euros, […]
As night fell on June 15, volunteers at the Birstall Wellbeing Centre in West Yorkshire were preparing for their usual Wednesday group session. The centre offers Reiki healing, palm readings and holistic massage. Rebecca Walker, who opened the centre eight years ago, is haunted by that night in June. At about 6.30pm, a man in his 50s walked through the door. He was thin, on the short […]
Hold your real assets outside of the banking system in one of many private international facilities –> https://www.sprottmoney.com/intlstorage Posted with permission and written by John Rubino All this talk of massive new infrastructure spending financed with a tsunami of freshly-minted currency should be lighting a fire under gold. That it hasn’t is a testament to how out-of-whack the precious metals market […]
A record run of declines; its worst performance since last year’s surprise devaluation and eight-year lows plumbed on a near-daily basis. Whichever way you cut it, China’s currency is having a testing month. However, unlike the infamous devaluation ruckus in August 2015, and the turmoil in markets that followed renminbi weakness in January, investors are not panicking this time. At least not yet. This month the offshore […]
China’s handling of its state reserves of raw materials such as cotton and sugar will be a key factor shaping the direction of agricultural commodities in 2017, according to a major lender to agribusinesses. China is “the most striking wildcard” that will drive agricultural markets, said Stefan Vogel, head of agri commodity markets at Rabobank, the Dutch lender that is a leading financier to farmers and agribusinesses […]
South Korea on Wednesday signed a military intelligence-sharing pact with Japan aimed at better managing the threat from North Korea’s increasingly active missile and nuclear weapons programmes. The deal, which comes as Seoul scrambles to adjust to the region’s shifting geopolitical landscape, has faced fierce domestic opposition from critics who slam it as an example of embattled President Park Geun-hye’s unilateral decision-making. Ms Park is embroiled in […]
Via The Daily Bell, Barack Obama on fake news: ‘We have problems’ if we can’t tell the difference The US president denounced the spate of misinformation across social media platforms, including Facebook, suggesting American politics can be affected. -Guardian Is fake news the new “conspiracy theory.” We’ve read that it may be, and it seems likely to us. That’s because “conspiracy theory” has seemingly lost credibility as […]
Donald Trump is showing no signs of ditching the unpredictable, pugilistic style that marked his campaign, by clashing with media chiefs, unsettling the US’s closest ally and intervening in the legal fate of his election rival during a 24-hour blizzard of activity. Most of the president-elect’s freewheeling decisions were broadcast over social media on Tuesday, a day after he broke with convention to announce a policy agenda for the […]
SYDNEY Asian stocks crept to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street, where the three main indices seized record peaks for a second straight session. Australia’s main index led the early action with a rise of 0.5 percent to a one-month top, helped by strength in bulk commodity prices. Japan’s Nikkei .N225 was closed for a holiday after enjoying […]
This kind of manipulation of the law is unfolding at a keen moment of weakness for the press, which has already been buffeted by falling revenue and mounting public disaffection. Only 40 percent of the public — the lowest rate since at least the 1990s — trusts the media “to report the news fully, accurately and fairly,” according to a Gallup survey conducted in September 2015. This […]
