Federal employees’ retirement funds will not be invested in Chinese stocks Washington. The Coalition for a Prosperous America (CPA) today applauded the Federal Retirement Thrift Investment Board for its decision not to invest government employees’ retirement money in companies based in China. CPA had actively urged the Trump administration to stop the Board’s plan to…
Editors note: Australia is pushing back against its Beijing overlords. Australia and other countries spar with Beijing over its handling of the pandemic [Rachel Pannett | May 14, 2020 | WSJ] SYDNEY—For years Australia tried to balance diplomatic concerns with China against the importance of their bilateral trade relationship. Now, the two countries are openly…
Editors note: Japan’s new rules require that foreign investors must notify their finance ministry before buying one percent of many companies. This will help their national security but it will also drive down the already-undervalued yen so their exports are even more competitive. Activists wary after finance ministry names stocks covered by law on foreign…
Editor’s note: The WTO was designed to be one of several agencies in a future global govt. Instead it aided and abetted the hollowing out of the US economy and the legitimization of authoritarian state-capitalism. “What’s good for the global economy” replaced “what’s good for America” as the guiding principle for Washington’s trade negotiators, diplomats, and…
