The World Economic Forum held a meeting recently in China, where they discussed issues such as globalist policies and new concepts to remodel the world. Part of the agenda is the remaking of societies on the basis of so-called 15-minute cities. So what do these proposals suggest, and does the CCP have any involvement? Here to speak…
Behind the Agenda to Remake Societies Into ’15-Minute Cities’–and the CCP Connection: Frank Gaffney
China’s Industrial Profits Tumble, Deepening Economic Gloom
BEIJING—Annual profits at China’s industrial firms extended a double-digit decline in the first five months as softening demand squeezed margins, reinforcing hopes of more policy support to bolster a stuttering post-COVID economic recovery. The 18.8 percent year-on-year slump in profits came on top of the 20.6 percent contraction in January-April, and added to evidence of…
Is America Conducting a National Suicide? | Sons of History, Ep. 3
The most efficient way of creating a monopoly is to secure government assistance that blocks competition from entering a specific economic arena. This can lead to a lack of economic opportunity and growth individually and corporately, but what happens when private industry and the government coordinate against the people’s liberty—the liberties enshrined in the Constitution?…
UK Economic Growth in April Driven by Consumer Spending: ONS
The UK economy rebounded in April, following weaker performance in March, official figures have shown. Britain’s GDP increased by 0.2 percent, marking growth after the 0.3 percent contraction in March. The Office of National Statistics (ONS) reported that increased consumer spending was one of the factors causing the rise. Wholesale and retail trade, car and…
China Factory Activity Slows, Adding to Economic Strains
BEIJING—China’s manufacturing slowdown deepened in May as consumer and export demand weakened, a survey showed Wednesday, adding to signs an economic rebound following the end of anti-virus controls is slowing. Chinese leaders are under pressure to shore up the recovery after a survey found a record 1 in 5 young workers in cities were unemployed….
Tech Companies Announce Mass Layoffs Amid Economic Woes
The mass layoffs that started late last year have continued into 2023, amid recession fears and economic slowdowns. So far, the number of tech layoffs globally this year has exceeded the total number from a year ago. According to data compiled by online tracker Layoffs.fyi, the running total of tech layoffs to date is 191,416,…
Addressing the Contradictory Myths of ‘More’
Commentary Humans, during the past century, were able to test the eternal belief that “more”—unlimited “more”—was what we needed. More human numbers; more food; more material goods; more wealth; more speed; more services; more years. The test results are coming in, and regardless of the utopian dreams, it is clear that “more” may often be…
50-state Report: GOP-Led States Are in Best Economic Condition
A new report ranks all 50 states from best to worst for economic conditions, showing which states have improved, and worsened, in creating an economic climate where businesses want to invest. The American Legislative Exchange Council (ALEC) released the state analysis, which ranks Utah as the number one state, North Carolina as second, and Arizona…
China’s Trade Contracts as Western Demand Weakens
BEIJING—China’s trade contracted again in January and February as U.S. and European demand weakened in the face of interest rate hikes. Exports sank 6.8 percent from a year earlier to $506.3 billion, an improvement over December’s 10.1 percent decline, customs data showed Tuesday. Imports fell 10.2 percent to $389.4 billion, deepening December’s 7.3 percent contraction. China’s…
Xi Jinping to Consolidate Even More Power
Commentary The upcoming National People’s Congress (NPC) in China, an annual ceremony of homage to the Chinese Communist Party (CCP), its leader, and the rubber stamps it liberally uses to approve all CCP policies, will fill screens around the country starting Sunday. The NPC will implement “the biggest government reshuffle in a decade as Xi Jinping…
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