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Crimea Crisis Cools Off, Stocks Begin to Rally

Posted on March 4, 2014

Russia’s ruble rebounded from a record low while stock-index futures in the U.S. and Europe advanced after a report that President Vladimir Putin had ordered troops back to bases after military exercises concluded amid tensions in Ukraine’s Crimea region. Gold fell with oil. The ruble strengthened 0.7 percent against the dollar at 7:23 a.m. in […]

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Market Takes A Dip As Ukraine Crisis Escalates

Posted on March 3, 2014

Wall Street was setting up for a tough session on Monday, with U.S. stock futures under pressure as investors moved out of perceived riskier assets following a weekend of escalating tensions over Russia and Ukraine. Futures for the S&P 500 index fell 19 points, or 1%, to 1,838.90, while those for the Dow Jones Industrial […]

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Secretary of State John Kerry Says “All Options On the Table”

Posted on March 3, 2014

Secretary of State John Kerry said repeatedly Sunday morning that “all options are on the table” as the U.S. determines how to respond to Russia’s decision to invade Ukraine’s Crimean peninsula. “The United States is currently considering all options,” Kerry told ABC’s George Stephanopoulos while appearing on “This Week.” “The hope of the U.S. and […]

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What Do Obamacare and Sochi Olympics Have In Common?

Posted on February 14, 2014

I know what you’re thinking when you read the headline to this post: “How in the world can Obamacare and the Sochi Olympics have anything in common?” Well, from a practical standpoint, they don’t. However, when you look at them as ego-driven political maneuvers that have cost billions and backfired somewhat spectacularly, we start to […]

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Assemblymember Urges State To Post Information On Fukushima Disaster’s Risk To California Beaches

Posted on January 16, 2014

Fukushima Nuclear Fire

The difficulty of finding accurate, current information about the science and the level of risk involved has exacerbated confusion and worry among some in the public. Saying that Californians are concerned and seeking information about potential health risks caused by contaminated water coming to the state from the Fukushima nuclear power plant disaster, Assemblymember Bob […]

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Android Beats Apple: Patent-Free Competition Works Best

Written by Gary North on November 13, 2013

Apple’s iPhones and iPads are popular, but they are the wave of the past. Android is the future. The reason? Android is based on public domain software, called open source. Apple is based on patent law, attorneys, and the U.S. Government’s patent office. It is the free market vs. political rewards. The free market will […]

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Chinese Government Official Warns Congress: Get This Settled.

Written by Gary North on October 8, 2013

The Vice Foreign Minister of China, Zhu Guangyao, held a press conference. He told reporters that the U.S. government has a responsibility to get the issue of the debt ceiling solved before the October 17 deadline. “We ask that the United States earnestly takes steps to resolve in a timely way the political issues around […]

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China’s “Land Grab”: As Big as Belgium

Posted on October 3, 2013

China needs food. Here is how it will get it. It would be the biggest so called “land grab” agreement, where one country leases or sells land to another, in a trend that has been compared to the 19th century “scramble for Africa”, but which could now spread to the vast and fertile plains of […]

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Summers Out, Asian Stocks Up, Economic Analysis Gone

Written by Gary North on September 16, 2013

The inability of the financial media to explain economic causation never ceases to amaze me. The simplest ideas regarding cause and effect elude the analysts. This headline caught my attention: Asia stocks rise as Summers exits Fed contention. It was supplied by the Associated Press. Lawrence Summers is the former president of Harvard University who […]

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Indians Who Bought Gold, Won. Those Who Didn’t, Lost.

Written by Gary North on August 29, 2013

A great article by Grant Williams traces the decline of India’s rupee. The idiot Keynesians who ran the Bank of India destroyed the rupee. In India, fathers buy gold for their daughters’ dowries. They don’t buy rupees. India put a tax on gold imports in a vain attempt to save the rupee. It didn’t work. […]

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