“The Chinese policy mix includes a tool box of administrative measures … In general, one of the lessons that the United States and others can learn (from China) is that to have supervisory policies for bank regulatory systems can be a useful part of the tool set.”-Robert Zoellick, World Bank […] Continue Reading…
China has tightened money supply (monetary policy) in order to control inflation. Now they will modify it with a “directional loose” money supply.
What they mean is that certain industries will be allowed easier access to financing. Those industries include agriculture, certain small and medium sized businesses, and construction of low income housing.
Chinese officials hope […] Continue Reading…
“The U.S. has made other economies, including China, partly pay the bill for its recovery.”- Zhang Xiaoqiang, National Development and Reform Commission
“…the global economy is strapped stiff in the chariot of the U.S. dollar. The United States adopted quantitative easing policies and successfully levitated the inflation level on a global scale. […] Continue Reading…
“A series of actions adopted by the EU this year suggests that tougher trade policies adopted towards China may increase the possibility of trade protectionism.”-Bai Ming, Chinese Academy of International Trade and Economic Cooperation
Last November, the European Union put together a five year plan to boost European production. The plan targets China […] Continue Reading…
Several pro-gun states, like Idaho, are hoping U.S. gun makers will settle in their state.
Idaho has even passed a law that exempts guns made in Idaho from Federal gun control laws (Idaho Firearms Freedom Act, aka; made in Idaho gun law).
Now the race is on, between other states that have passed similar laws (like […] Continue Reading…
“I have believed for a long time that Israel wants this al-Aqsa Mosque simply not to exist.”-Mark Dankof
August 11, Israel orders the construction of 1,200 illegal settlement homes around al Quds (Jerusalem). On top of that one Israeli official said they are about to authorize another 2,700 more homes in occupied Palestinian territory.
Some officials […] Continue Reading…
For weeks now lower class Israelis have been protesting the bad economic situation in Israel. Now, August 13/14, there are hundreds of thousands of protestors in 18 Israeli cites.
Recently eleven Israeli soldiers went awol (absent with out leave) because they were starving. Military service in Israeli is mandatory, and you must pay for certain […] Continue Reading…
The American Broadcasting Company interviewed Bill Bratton, the man just hired by the U.K. Prime Minister to help with civil disturbance issues.
In the interview ABC pressured Bratton with a question about being offered to take over Scotland Yard.
Bratton explained that the U.K. Parliament requires the person hired for that position to be a U.K. […] Continue Reading…
Prime Minister David Cameron hired former Los Angeles cop, Bill Bratton, to advise him on how to handle the growing discontent of the people of the Britain.
London police are pissed off at the idea that they are not considered good enough for Cameron to consult with: “The Association of Chief Police Officers and […] Continue Reading…
“We shouldn’t be cutting services. We should be investing in young people, we should be investing in our society.”-protestor
August 13, thousands took to the streets in North London’s Hackney. They were protesting all the cuts to social programs for the lower classes. The main stream right wing media in the U.S. and U.K. ignored […] Continue Reading…