“Tsinghua’s rapid plant construction threatens to flood the semiconductor market and sink prices, following a pattern set by Chinese makers of liquid crystal displays, solar panels and other commoditized technologies.”
“‘Law-abiding people’ must fear state surveillance because it makes it more more likely that they will become non-law-abiding without any change in their behavior.”
Read more: http://www.econlib.org/archives/2018/06/why_the_surveil.html
“The German company Adidas may provide shoes for players forced to switch last minute as recent EU law has sought to shield EU companies from American sanctions on Iran.”
“Share-buyback announcements led to ‘abnormal returns’ in the share price over the next 30 days. Executives used this share price surge to cash out.”
“Jobs at PDVSA were once coveted for their generous salaries and benefits, including cheap credit for housing. Now, many PDVSA workers can’t feed their families on wages that amount to a handful of U.S. dollars a month.”
“In addition to the minimum 30 percent black ownership requirement, mining company boards must be 50% black people with 20% black women.”
“An inverted yield curve has been a great tool to predict U.S. recessions, with the yield spread between three-month bills and 10-year notes falling below zero before each of the past seven slowdowns. But it doesn’t usually happen immediately. That means a recession could come in late 2019, in 2020, or even later. That probably doesn’t come as a surprise to most investors after one of the longest economic expansions in history.”
Read more: https://www.bloomberg.com/view/articles/2018-06-13/fed-decision-an-inverted-yield-curve-is-imminent
“It’s truly astonishing that someone so dangerous and out of touch has been able to rise to power. And even more astonishing how quickly it’s happened.”
“Unfortunately, a very strong faction in Washington doesn’t support any peace agreement and instead seeks to overthrow the DPRK government.”
Read more: https://original.antiwar.com/Reese_Erlich/2018/06/12/a-deal-with-north-korea-dont-blow-it-this-time/
“Who really gets hurt by Mexican tariffs on American cold cuts? The answer: Mexicans. Who really gets hurt by Canadian tariffs on American steel? Canadians.”
Read more: http://www.independent.org/newsroom/article.asp?id=9398