WASHINGTON, DC—In a blow to First Amendment freedoms, the U.S. Supreme Court has declined to hold Facebook/Meta accountable for colluding with the government to silence constitutionally protected speech.
Category: 29 July 2025
Post
RUSSIA’S CENTRAL BANK CUTS KEY INTEREST RATE BY TWO FULL POINTS
On 28 July, the Central Bank of the Russian Federation knocked two points off its policy interest rate, lowering it to 18 percent. The cut is the largest since May 2022 when the country was coping with the imposition of Western sanctions related to Russia’s attack on Ukraine.
Post
ECB HOLDS INTEREST RATES FIRM AS A BULWARK AGAINST TARIFF UNCERTAINTY
On 24 July, the European Central Bank (ECB) decided to hold its key policy rate at 2 percent after reducing it eight times in a row over the past 13 months.
Post
AUTO STOCKS RISE ON “BAD” U.S. TRADE DEAL WITH JAPAN
U.S. automakers criticized Donald Trump’s trade deal with Japan as bad for the American auto industry while car companies’ share prices rose on the world’s stock exchanges. (See “Japan and U.S. Agree on Outline of a Trade Agreement”in this issue.)
Post
CHINA’S INDUSTRIAL SECTOR SAGS AGAIN IN JUNE
In China, manufacturers’ profits declined again in June as the country’s deflation continued and consumer demand remained feeble, the U.S.-China trade agreement remained unsettled, and the global economy remained generally uncertain, the country’s National Bureau of Statistics (NBS) reported.
Post
“PATRIOTIC” FILMS ABOUT THE ISRAELI SLAUGHTER OF PALESTINIANS ARE COMING
Who says politicians can’t be funny? Nearly everything that President Donald Trump says cannot be taken seriously which means it is intended to be a joke and now it is also being reported that Israeli Prime Minister Benjamin Netanyahu responded to an observation that there is a lack of free speech on podcasts in the United States
Post
U.S. TRADE AND ECONOMIC POLICIES PUSHED EURO UP…AND DOWN
Last week it was reported that the dramatic shift in U.S. trade and economic policies, and their erratic implementation, have shaken investors’ confidence in the U.S. dollar as a safe store of wealth, The New York Times reported.
Post
WORLD ECONOMIES PROVE RESILIENT TO TARIFFS
Economies in Asia, Europe, and the U.S. have not faltered greatly as Donald Trump’s tariff war proceeds, although exporters are receiving fewer orders, The Wall Street Journal reported.
Post
U.S. ECONOMIC BRIEFS
American companies did more business overall this month as manufacturing sagged and the service sector showed its strongest month since December.
Post
HIGH INTEREST RATES, RECORD PRICES SINK JUNE U.S. HOME SALES
The spring selling season, the year’s busiest for residential real estate, flopped this year as mortgage interest rates were stuck above 6.5 percent and the median home price set a record in June.