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Chinese leaders unhinged as economy weakens

November 19, 2018 by Richard Schulman Leave a Comment

Papua New Guinea's prime minister concedes that for the first time in its history there would be no final communique. China refused to approve the US draft critical of its trade policies. China's emissaries freaked out and provoked an international incident by barging into Papua New Guinea offices trying to reverse the situation to its favor.

Trade correspondent L.C. reports: An economic summit of world leaders held in Papua New Guinea ended in acrimony yesterday, the Wall Street Journal reported today, “as a fight over Chinese trade practices cast doubt over the ability of Washington and Beijing to resolve their trade battle soon. For the first time in the Asia-Pacific Economic […]

Filed Under: Trade  Tagged: auto tariffs, business uncertainty, China

Trade in split Congress likely to be bipartisan but protectionist

November 12, 2018 by Richard Schulman Leave a Comment

Xi-Trump summit unlikely to settle US-China trade differences

Trade correspondent L.C. reports: In the wake of the highly partisan US midterm elections, trade is one of the few areas where bipartisanship is possible. Most observers believe that Congress will pass the US-Canada-Mexico (USMCA, a.k.a. NAFTA 2.0) implementing bill during 2019. It is also likely that Congress will approve the start of trade talks […]

Filed Under: Trade  Tagged: midterm elections, protectionism, split Congress, USMCA, Xi Jinping

Has fusion power’s “SpaceX” moment arrived?

October 30, 2018 by Richard Schulman Leave a Comment

Tri Alpha Energy (TAE)'s fusion research reactor

The search for fusion power, long the exclusive precinct of deep-pocketed governments moving at glacial speeds, is now going commercial. That’s as promising a development for the early delivery of working fusion power reactors as commercialization proved for the decoding of the human genome and space travel. The late Microsoft co-founder Paul Allen “was among […]

Filed Under: Fusion power  Tagged: General Fusion Inc., Google, International Atomic Energy Agency (IAEA), Lockheed, Paul Allen, stellarator, TAE Technologies, tokamak

Business investment stagnating in face of trade uncertainty

October 29, 2018 by Richard Schulman Leave a Comment

Investment stagation stemming from trade uncertainty is likily having an impact on stock market fragility

“The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014,” Bloomberg writes. The growth “followed a 4.2 percent advance in the prior three months…” But sustained growth and productivity gains require […]

Filed Under: Trade  Tagged: aluminum tariffs, Jagdish Bhagwati, Narendra Modi, Shinzo Abe

On Halloween, Progressives give rein to their inner ghoul

October 26, 2018 by Richard Schulman Leave a Comment

Megyn Kelly

Dateline Halloween 2015 Dateline Halloween 2018 We don’t know why Megyn Kelly cried and apologized to the morons at NBC for having defended childhood Halloween playfulness. She should exit the place with a huge exit package, a smile on her face, and the tougher for the experience.

Filed Under: Progressive insanity  Tagged: Megyn Kelly, NBC, Yale

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