Milei is slashing spending across the country in his drive to reach zero deficit, leaving even elite universities struggling to keep lights on
Though touted as a model of environmental preservation, the country has recently signalled a shift from phasing out fossil fuels to boosting the economy. Franz Tattenbach on the tension between green credentials and growth“This country is what the world would like to be but is not,” says Franz Tattenbach, Costa Rica’s minister of environment and energy. The 69-year-old economist is keenly aware of his role as guardian of the country’s reputation for forward-looking biodiversity initiatives and...
At least two countries have declared bankruptcy due to an inability to repay foreign interest payments, primarily to China.
Unless the Biden administration takes action, China Shock 2.0 will cause more harm to the U.S. economy than the last one.
Over 30 countries have imposed restrictions on the social media platform.
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
Observers have learned it’s going to take more than a few months of robust numbers to prove a rebound is truly under way.
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, data released Tuesday showed. Compared to the […]
Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) There was much concern, in international circles, about the the U.S. Government’s recent efforts to open a NATO office in Tokyo so as to extend its military alliance against Russia to become also a military alliance against China. When that initiative scared some other NATO members, it was stopped, and […]
Investigation launched after trio appear to let He cross line firstKenya’s Willy Mnangat says they were all hired as pacemakers Organisers of the Beijing half marathon are investigating the men’s race after two Kenyans and one Ethiopian runner appeared to deliberately allow China’s He Jie to win.Footage of the final few hundred metres of the race seemingly shows Robert Keter and Willy Mnangat of Kenya and Ethiopia’s Dejene Hailu Bikila slow down and gesture in front of them, encouraging He to...
By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate
By Laura He, CNN Hong Kong (CNN) — China’s economy grew stronger than expected at the start of this year, mainly thanks to robust growth in high-tech manufacturing. Gross domestic product grew by 5.3% in the first quarter from a year ago, according to the National Bureau of Statistics on Tuesday. That beat the estimate