“Apparently, if you are a Canadian who has investments in U.S. cannabis companies, you may be banned from entering the states for life, even if you have never used marijuana yourself.”
“The UK based pharma company Indivior PLC had got the restraining orders against Dr Reddy’s just a day after the US FDA granted the final approval last month.”
“The U.S. company was a major advocate for legislation to protect against what Bitzer last year called a ‘long story of dumping’ by foreign competitors LG and Samsung in the washing machine business. Now the company cites U.S. tariffs on steel and aluminium as contributing to the increased cost in Whirpool’s raw materials.”
Read more: https://www.cnbc.com/2018/07/24/whirlpool-stock-plunges-as-tariffs-hit-suppliers-steel-costs.html
“The aid will be facilitated by the Commodity Credit Corp, an agency set up during the Great Depression, and will not require congressional approval.”
“The company has said the tariffs will add $30 million to $45 million to its expenses for the rest of the year, costs which Harley-Davidson has said it will absorb as it plans to move operations overseas.”
Read more: http://www.chicagotribune.com/business/ct-biz-trump-tariff-threats-20180724-story.html
“Donald Trump is the last person who wants to see interest rates go up. Not only does his personal business empire depend on low rates… so does his political empire.”
Read more: https://bonnerandpartners.com/the-fed-cant-stop-whats-coming/
“Over time, attaining financial wealth became an absolute prerequisite for wielding geopolitical power and influence. The old military variety appears almost feeble standing next to the contemporary Financial Arms Race.”
Read more: http://creditbubblebulletin.blogspot.com/2018/07/weekly-commentary-intimidate-nobody.html
“The currency war has arrived. So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market.”
“‘We should prohibit U.S. persons from buying or mining cryptocurrencies,’ the California Democrat – whose largest donor is credit card processor Allied Wallet – declared.”
Read more: https://www.coindesk.com/u-s-congressman-calls-for-national-ban-on-crypto-ownership/
“Beijing once again changed the game with their aggressive deleveraging campaign, which sent shadow credit creation crashing to record lows just last month.”