China has expanded its domestic debt to fund its growth, much of which qualifies as malinvestment, creating financial vulnerabilities its government is anxious to mask. As I noted in Trade Deal Follies: The U.S. Has Embraced the World’s Worst Negotiating Tactics (April 8, 2019), the trade deal was a Nothing-Burger for the […]

Russia promotes more European understanding of the Nord Stream II German-Russian pipeline project. “Our energy relations stand for interdependence, intertwining, and mutual benefit, and this partnership can be an effective tool to defuse geopolitical conflicts,” he said of the Energy Committee of the Russian State Duma, Pawel Sawalny, opposite the […]

Secretary of State Mike Pompeo recently recounted to an audience at Texas A&M University that when he was head of the Central Intelligence Agency he was responsible for “lying, cheating and stealing” to benefit the United States. “Like we had entire training courses. It reminds you of the glory of the American […]

Iranian President Hassan Rouhani signed a bill into law on Tuesday declaring all US forces in the Middle East terrorists and calling the US government a sponsor of terrorism, says Reuters. The bill was passed by parliament last week in retaliation for President Donald Trump’s decision this month to designate Iran’s elite […]

The Spanish General election in Catalonia was a stunning victory for the Catalan Separatists, their best ever election result, achieved despite their leadership being exiled or political prisoners and despite an avalanche of MSM propaganda against them. Four of those elected are currently in jail. The Spanish state has reacted […]

On Sunday, the chairman of the House Judiciary Committee threatened to subpoena Attorney General William P. Barr if he refuses to testify this week about the Mueller report. But a subpoena is unlikely to elicit Barr’s cooperation. “We’re fighting all the subpoenas,” says the president of the United States. In […]