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News & Articles By Richard Brown
08/28/2023
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By Richard Brown
Domestic crisis may force China to invade Taiwan, lawmaker warns
Rep. Mike Gallagher (R-Wis.), chairman of the House China Committee, has warned that the deepening economic crisis in China might hasten the Beijing regime’s intentions of invading Taiwan. China’s property sector, a driving force behind the world’s second-largest economy, is plunging into a deepening crisis. Major players in this sector are defaulting on payments to lenders, burdened […]
08/24/2023
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By Richard Brown
Biden’s tariffs to drive up prices of canned goods, solar panels as “Bidenflation” intensifies
Tariffs are often touted as economic tools to protect domestic industries and address trade imbalances. But the recent plans of President Joe Biden’s administration to impose these on can-making metals imported from China, Germany and Canada will have potential ramifications for both international trade and everyday consumers. While the decision intends to address concerns about trade […]
08/21/2023
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By Richard Brown
Disney announces price hikes for Disney+ and Hulu ad-free plans to compensate for several box-office flops
Disney+ and Hulu will hike prices on their ad-free plans – part of Disney’s strategy to boost the profitability of its streaming business. Disney owns 67 percent of Hulu. Starting October 12, Disney+ Premium will see a price hike from $11 to $14 per month, while Hulu without ads will jump from $15 to $17.99 per month. These […]
08/21/2023
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By Richard Brown
Evergrande Group files for bankruptcy in the U.S. after two years of distress… debt defaults will now spread across America
Evergrande Group, once hailed as one of China’s most prominent real estate giants, has experienced a dramatic fall that has sent shockwaves through both the Chinese economy and global financial markets. On August 17, Evergrande filed for bankruptcy protection in the United States after two years of distress. Much of Evergrande’s corporate debt was held […]
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