The Compulsory wearing of masks Law is nothing to do with safety or science and everything do with cash and PR. If it’s necessary to wear a mask now, then surely it was even more necessary back on March 12 when the Deputy chief medical officer, Dr Jenny Harries stated “For the average member of the…
On July 22, 1988, after the Democratic National Convention in Atlanta, the party nominee, Gov. Michael Dukakis, enjoyed a 17-point lead over Vice President George W. Bush. Five weeks later, on Labor Day, Dukakis was down eight points, the same margin by which he would lose the election. He had lost 25 points in one…
The hiring by Saudi Arabia of an international public relations firm to counter doubts about Mohammed bin Salman’s $500 billion USD dream of a futuristic city on the Red Sea suggests that the kingdom’s economic and financial crisis has not dampened his penchant for big ticket, high-profile projects. When Saudi Finance Minister Mohammed Al-Jadaan announced…
Last week FOMC Chair Jerome Powell and company did, essentially nothing, at their June meeting. They held interest rates at 0.25%, did not expand QE nor did they indicate any changes. This wasn’t what the market wanted, as the bond were pushing the Fed to take rates negative and further open up the liquidity spigots….
I want to do a bit more beating up on a NYT piece this morning on breaking ties with China. There is a widely held view in policy circles that the pandemic showed that our extensive economic ties with China are a bad thing. I will ask a simple question, how? First to get over…
Introduction The US has been threatening China with trade sanctions for several years. At the outset of the Trump administration in January 2017, Washington not only envisaged punitive trade measures, it also called for “an investigation into China’s trade practices” focussing on alleged violations of U.S. intellectual property rights. This initiative was then followed by renewed threats to “impose steep tariffs on…
