China Virus

LONDON—The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite across world markets and dented the greenback’s safe-haven appeal. U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said...

Sen. Lindsey Graham (R-S.C.) warned House Speaker Kevin McCarthy (R-Calif.) that China would be the beneficiary of the U.S. defense budget proposed in the tentative debt ceiling deal. “I respect Kevin McCarthy. I want to raise the debt ceiling. It would be irresponsible not to do it. I want to control spending. I’d like to have a smaller IRS. I’d...

The trend away from the U.S. dollar in global trade and finance is accelerating rapidly as inflation persists, government debt levels explode, and the Chinese Communist Party (CCP) roams the planet negotiating deals in other currencies. The economic and political implications of the dollar’s possible loss of its prized status as global reserve currency are hard to overstate, according to...

News Analysis The lesson of Russia’s war in Ukraine has forced the Group of Seven (G-7) countries to confront Beijing head-on this year, and the unified statement from the Hiroshima summit represents a big step that, according to some experts, was “unthinkable” two years ago. The big question, though, is whether the G-7 countries can stay united and strong when...

House Minority Leader Hakeem Jeffries (D-N.Y.) was noncommittal on whether Democrats would support a debt ceiling deal negotiated between Republicans and the White House. On the evening of May 27, Speaker of the House Kevin McCarthy (R-Calif.) announced during a press conference that he and President Joe Biden had reached what he called “an agreement in principle that’s worthy of...

Insurance company State Farm is halting new property insurance policies in the state of California as the firm battles inflationary pressures and increasing exposure to wildfire risks. In California, State Farm will “cease accepting new applications including all business and personal lines property and casualty insurance, effective May 27, 2023,” the firm said in a May 26 statement. The company...

SYDNEY, Australia—Assistant Minister to the Prime Minister, Patrick Gorman, said it was “disappointing” that the individual who leaked an exchange between Labor MPs and the Reserve Bank of Australia (RBA) Governor Philip Lowe, saying that they were trying to damage the government. “There’s plenty of ways to have a fight in Parliament. But breaching the confidentiality of a government committee...

Arizona Gov. Katie Hobbs, a Democrat, has accused the previous state administration of misappropriating $50 million in government funds. The funds were part of what the federal government provided to Arizona under the $1.9 trillion “American Rescue Plan,” an effort by the Biden administration, signed into law in March 2021, that intended to mitigate the economic impacts of government-mandated restrictions and...

There’s an old cliché: The truth always finds you out. But this is a lesson that governments never learn, especially when they have a corrupt media to cover for their lies. We see this on issue after issue, but nowhere has the government-media collusion been stronger than on the deliberate poisoning of American drinking water. The final report of a...

Commentary The threat of COVID-19 has passed. But the threat of COVID-19 policy remains for the thousands of health-care workers terminated as a result of their decision to refuse the COVID-19 genetic vaccines. And the threat of COVID-19 policy also remains for all British Columbians who wish to preserve our essential right to informed consent, and our essential freedom to...

The outlook of Americans towards their retirement plans has worsened over the past year according to a recent Gallup poll, with concerns about rising prices and recession sapping away optimism. The expectations of non-retired Americans for a comfortable retirement are now at their “most pessimistic” level since 2012, falling by 10 percentage points since 2021, said a May 25 survey...

Eight out of the 10 least affordable cities for homebuyers in the United States are located in California, according to a recent report, with the state’s median sales price of a home over 30 percent higher compared to the early pandemic period. The eight Californian cities include Santa Barbara, Berkeley, Santa Monica, Glendale, Burbank, Los Angeles, Pasadena, and San Francisco,...

Florida Gov. Ron DeSantis paid a price on the opening night of his campaign for gambling on a new launch format, with the Twitter chatroom crashing after some 600,000 listeners attempted to tune in. But after tech issues were resolved, the conversation on Twitter Spaces—with billionaire Elon Musk and investor David Sacks—quickly turned to policy, both foreign and domestic. During...

NEW YORK—Wall Street fell again Wednesday as stocks tumbled worldwide on worries about the economy. The S&P 500 dropped 0.7 percent after House Speaker Kevin McCarthy said Republicans and Democrats remain “far apart” in their efforts to prevent a potentially disastrous default on the U.S. government’s debt. The main U.S. stock index is on track for its worst week in...

Commentary China is diminishing in the eyes of most of the rest of the world, especially with other Asians. That is a key conclusion to emerge from a massive global survey conducted by the famous Pew Research Center. Pew’s weighing of a range of global opinions on China makes clear that Asians, in particular, but also Americans and, to a...

The UK inflation rate has dropped for the first time in eight months, but prices on basic essentials remain high. The latest data from the Office of National Statistics (ONS) showed a drop in the Consumer Prices Index (CPI) 12-month inflation rate in April to 10.5 percent, which is lower than November’s 10.7 percent, and down from the peak in...

“What Elon Musk did is, by buying Twitter, he severed ties between Twitter officials and some very privileged journalists who had exclusive or premier access to Twitter,” says Paul D. Thacker, an investigative reporter and Twitter Files journalist. Thacker recently revealed a number of relationships between Twitter staff and certain journalists, pharmaceutical companies, and government officials that dealt with censoring...

By Leo Hohmann, 5/17/23 We’ve heard a lot over the last two years about athletes, entertainers, journalists and other known people dying suddenly and unexpectedly of “natural causes,” or “unknown causes” even though most of them were thought to be completely healthy up until the moment they collapsed. But what about the unknowns? The ones that don’t make the news?...

“We make up about 4 percent of the global population in America, yet we consume 55 percent of prescription drugs. How is that possible? 80 percent of prescription opiates are in this country. So this tells you the stranglehold that Big Pharma has.” At the FLCCC Conference last month, I sat down with critical care physician and FLCCC co-founder Dr....

The threat to personal data privacy is amplified with the widespread usage of biometric information in daily circumstances Biometric information like facial recognition, fingerprints, and voice and eye scans being collected by businesses can be hacked and manipulated, with the threat amplified following the proliferation of artificial intelligence, said a recent warning by the U.S. Federal Trade Commission (FTC). In...