TOKYO—Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine, China’s strict COVID-19 lockdowns, and a weakening global economy. The forecast, which serves as a basis for compiling the state budget and the government’s fiscal policy, included much higher wholesale…
Japan Slashes Fiscal Year GDP Growth F’cast to 2.0 percent on Global Demand Slump
Contrary to China Media, CCP’s Zero-COVID Policy Slowing the Global Economy
The Chinese Communist Party (CCP) media continues to hype the “Zero-COVID” policy claiming it brings greater certainty to China and favorably contributes to the world economy. However, this contradicts the findings of international research firms that say, in combination with the Russia-Ukraine war, the CCP’s COVID policy has slowed global economic growth and pushed inflation…
The Green US Supply Chain Rules Set to Unspool and Rattle the Global Economy
April 17, 2022
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Making a box of Cocoa Puffs is a complicated global affair. It could start with cocoa farms in Africa, corn fields in the U.S., or sugar plantations in Latin America. Then thousands of processors, transporters, packagers, distributors, office workers, and retailers join the supply chain before a kid in Minnesota, where General Mills is based,…
Live Q&A: Twitter CEO Warns of Coming ‘Hyperinflation’; FDA Documents Reveal Use of Fetal Body Parts
Twitter co-founder and CEO Jack Dorsey warned in a tweet, “Hyperinflation is going to change everything … It’s happening.” His warning comes as the United States faces inflation, lower employment, an international shipping crisis, and other looming issues that could impact the global economy. In other news, Judicial Watch has obtained FDA documents showing how…
Live Q&A: China’s Looming Economic Disaster to Hit US; Agenda Advances to End US Single Family Homes
September 21, 2021
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China Evergrande Group has crossed the three “red lines” of the Chinese regime’s regulations on real estate companies. As it drifts closer to bankruptcy, the Chinese and global economy are likewise facing a market disaster. And in other news, there’s a new regulatory campaign in the United States that aims to do away with single…
The Dirty ‘Great Reset’ Secret Behind Big Corporations’ New War Against Conservatives
Commentary In recent months, hundreds of large corporations and financial institutions have rallied around liberal causes and even put policies into place directly targeting conservatives or their views. For example, on April 14, hundreds of the largest corporations and financial institutions in the world, including Amazon, Google, Netflix, and Starbucks, signed a statement opposing “discriminatory legislation” that…
The International Monetary Fund Shows the Jobless Recovery
Commentary The International Monetary Fund (IMF) has published its April outlook for the global economy. It has been hailed by most commentators due to the strong upgrade in GDP recovery. The report states that “global growth is projected at 6 percent in 2021, moderating to 4.4 percent in 2022. … The upward revision reflects additional…
What Recovery? Clothes Retailers Cut Orders While Factories Fight to Survive
LISBON/DHAKA—Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. The global apparel industry, reeling from a punishing 2020, is seeing its hopes of recovery punctured by a new wave of COVID-19 lockdowns and patchy national…
‘Complacency’ Permeating Markets on Continued Monetary Support: IMF
WASHINGTON—A “sense of complacency” is permeating markets as investors, betting on continued accommodative monetary policy, are stretching asset prices, risking a sudden market correction, the International Monetary Fund (IMF) warned on Wednesday. The rollout of COVID-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices, despite rising infections…
IMF: ‘Complacency’ Permeating Markets on Continued Monetary Support
WASHINGTON—A “sense of complacency” is permeating markets as investors, betting on continued accommodative monetary policy, are stretching asset prices, risking a sudden market correction, the International Monetary Fund (IMF) warned on Jan. 27. The rollout of COVID-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices, despite rising…
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