Author: nick
In the unlit corridors of global commerce, where apparitions of data flicker between smoke and ledger, the latest release of China’s official economic metrics has not merely unsettled markets — it has unnerved them with a spectral chill that suggests an underlying rot far deeper than surface indicators can capture. What has emerged from Beijing’s statistical crypt this May is an anomaly so grotesque it threatens the very assumption of economic continuity. Numbers once massaged to reflect rosy panoramas of inexorable growth now convey a labyrinthine descent into implosion. Fixed-asset investment, which by its constitutional nature signals long-term confidence, contracted…
We must study again the things that can guide us-the speeches of Lincoln and the mighty Declaration of Independence itself. Source link
Princeton's Lax Title Shows Fluidity of NCAA Economics Source link
A ceasefire to the War in Iran entered its 53rd day on Saturday as Secretary of Defense said that President Donald Trump would be “patient” about signing a memorandum of understanding to end the conflict and open the Strait of Hormuz. “He wanted me to reiterate how patient he is in ensuring that with America undertaking this kind of historic endeavour [the Iran war], any deal will be a good one. A great one,” Hegseth said in Singapore on Saturday morning. Iran meanwhile reaffirmed its commitment to controlling the traffic through the Strait of Hormuz, with Iran’s Khatam al-Anbiya Headquarters…
NA In a motion filed yesterday, the Trump Administration indicated their intent to appeal the US Court of International Trade’s order requiring payment of refunds to all those businesses who paid illegal tariffs imposed by Trump using the the International Emergency Economic Powers Act of 1977 (IEEPA). The IEEPA tariffs were invalidated by the Supreme Court, in a case I helped bring and litigate (along with the Liberty Justice Center, and others). When Judge Eaton of the Court of International Trade (CIT) issued his order in March, I thought the administration might appeal on the grounds that it is inconsistent…
Europe is now openly admitting it faces a stagflation shock, but this crisis did not suddenly appear because of the Iran war. The war merely accelerated a collapse that was already well underway due to years of catastrophic policy decisions. Valdis Dombrovskis, European Commissioner for Economy and Productivity, described the situation as a “stagflationary shock” as oil prices surged again on fears the conflict could drag on and destabilize energy markets further. I have warned repeatedly that Europe was heading into a depression long before a single missile flew in the Middle East. Germany was already in industrial decline. Manufacturing across Europe…
Thank you very much. It’s an honor to be here, and I’d like to thank the Ronald Reagan Presidential Foundation and Institute for inviting me to join you. Of course, this year’s forum carries special significance as we celebrate 250 years of the American story. But milestones of this magnitude demand more than ceremony. Source link
The number of murders fell to a 60-year low after city leaders finally decided to start taking violence seriously enough, writes Charles Fain Lehman. Source link
The most successful ideology of the 20th century is still right for the 21st. Source link
Congress gave the Kennedy Center its name, and only Congress can change it, U.S. District Court Judge Christopher Cooper said in his ruling. Source link