Commentary Will inflation turn into stagflation? With inflation hitting 40-year highs, it’s the question of the hour. Currently, Wall Street and the Fed are saying no, forecasting a respectable 3.7 percent real for 2022, 2.7 percent for 2023, and 2.3 percent for 2024. These aren’t epic prints, but they’re also nowhere near recession. Of course, that same…
Australian Diplomats Ordered to Evacuate Ukraine
Australian diplomats have been ordered to evacuate Ukraine following the mobilisation of Russian forces into the two breakaway provinces of Donetsk and Luhansk. Foreign Minister Marise Payne condemned President Vladimir Putin’s decision to deploy troops under the pretence of “peacekeeping” and said Australia was working with the United States, United Kingdom, European Union, and other…
France’s Macron Condemns Russia’s Recognition of Rebel-Held Ukrainian Territories
French President Emmanuel Macron condemned Russia’s decision to recognize the independence of rebel-held Ukrainian regions, he wrote on Twitter on the Monday after convening an emergency national security meeting addressing the latest developments linked to Ukraine. A statement from the Elysee Palace said the decision was a unilateral violation of Russia’s international commitments and an…
Big Australian Corporations Push for More Skilled Immigrants
The business sector has called on the Australian government to temporarily boost the level of skilled migration to tackle acute labour shortages exacerbated by the loss of workforce during the COVID-19 pandemic. The Business Council of Australia (BCA), an industry association whose members comprise the chief executives of over 100 of the country’s largest corporations, has…
Shen Yun Presents Uncensored Chinese Culture, Says Dean Morse Tan
WASHINGTON, D.C.—Former Asian-American Ambassador at Large, Morse Tan found Shen Yun Performing Arts presents the “uncensored” Chinese culture not restricted by the Chinese Communist Party (CCP). He shared his view that communism denies the “fundamental reality” that there is a Creator, a common belief shared by people worldwide. “I think it’s very good to acknowledge that…
Northern Europe Battered by 3rd Major Storm; Deaths Hit 14
LONDON—Northern Europe has been battered by its third major storm in five days, with heavy rains and high winds killing at least two more people, disrupting travel and prompting hundreds of flood alerts across a region still recovering from last week’s hurricane-force winds. Storm Franklin pushed in from the North Atlantic on Sunday afternoon even…
Stocks Skid, Oil Pops as Ukraine Crisis Deepens
SINGAPORE/HONG KONG—Global stocks tumbled while safe-havens rallied and oil surged on Tuesday as Europe’s eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. MSCI’s broadest index of Asia Pacific shares outside Japan was on course for its worst day for this month, off…
Australia’s NT Leader Explains Why Border Restrictions Dropped Despite Former Tough Stance
Northern Territory (NT) Chief Minister Michael Gunner has provided an explanation as to why entry restrictions to the Australian territory have been removed despite having previously taken a hard line on COVID-19 vaccination status and testing. In a statement released over the weekend, Gunner said that the Omicron variant of the novel coronavirus is now…
Intel Analysts See Turnaround Plans as Long-Drawn, Ambitious, and Investment-Heavy
Intel Corporation shares ended last week sharply lower, as the chip giant’s Investor Day presentations left investors unimpressed. The Intel Analysts BofA Securities analyst Vivek Arya maintained an Underperform rating and $52 price target for Intel shares. Rosenblatt Securities analyst Hans Mosesmann maintained a Sell rating and $40 price target. Needham analyst Quinn Bolton kept…
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Shen Yun Presents Uncensored Chinese Culture, Says Former Ambassador Morse Tan
WASHINGTON, D.C.—Former Ambassador-at-Large for Global Criminal Justice, Morse Tan found Shen Yun Performing Arts presents the “uncensored” Chinese culture not restricted by the Chinese Communist Party (CCP). He shared his view that communism denies the “fundamental reality” that there is a Creator, a common belief shared by people worldwide. “I think it’s very good to…