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MSM: Half of China's toy factories close after exports slump

Nearly half of China’s toy factories closed last year as the financial crisis tightened its grip. The country started the year with 8,610 factories producing and exporting 70 per cent of all the...

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State Department Floating Ammo Import Ban?

It looks like those who said the Obama Administration would strike while the iron is hot may have been correct, and the Administration may be doing it in a way that does not require them to even get a...

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Nouriel Roubini: The U.S. Financial System Is Effectively Insolvent

For those who argue that the rate of growth of economic activity is turning positive–that economies are contracting but at a slower rate than in the fourth quarter of 2008–the latest data doesn’t...

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US Hides Behind Iran Sanctions Threat

Whereas United States President Barack Obama promised in his new year message to Iran that he was committed to a new diplomacy that “will not be advanced by threats”, a month later this is precisely...

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MSM: America threatens trade war with China

The United States government is planning to revive a bill that will punish China for artificially boosting its trade through “currency manipulation”. Members of the US Senate and Congress believe that...

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The Almighty Renminbi? – Nouriel Roubini

The 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a rising China and its currency. While the dollar’s...

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Can The Economy Recover? – Paul Craig Roberts

There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.” Paul Craig Roberts Infowars July 16, 2009...

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MSM: Rebalance or else, IMF says

(Reuters) – The International Monetary Fund has been warning for years about the risk of global imbalances — namely huge U.S. current account deficits and surpluses in China. Today its chief economist...

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U.S. senate votes to maintain big pharma’s monopoly by blocking competitive...

(NaturalNews) – The United States Senate recently rejected two separate proposals that would have allowed the importation of cheaper medication from other countries, apparently in order to preserve a...

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World War

(PressTV) – ‘Saudi Arabia training Iraq terrorists’ Saudi Arabia has set up a military base near its border with Jordan for training militants to conduct terrorist activities in war-weary Iraq,...

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US Postpones Japanese Beef Imports Over Radiation Testing Concerns

(HigginsBlog) – The US has order a halt to the resumption of Japanese beef imports over concerns about Japan’s testing methods. The US has further postponed the resumption of Japanese beef imports over...

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USDA Lifts Ban on Chinese Processed Chicken Imports

(NaturalBlaze) – There are many reasons, this year, to believe that the USDA will be more lax than ever on meat safety. Eat large-scale and processed meats at your own risk. Just before Labor Day...

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