China’s top tech stock index has returned 29 percent this year through 18 August, more than twice the NASDAQ’s 12.4 percent.
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EUROPEANS PILE UP SAVINGS, SLOWING GDP GROWTH
In this year’s first quarter, Europeans’ gross savings ratio – the amount of disposable income not spent on goods and services – was 14.3 percent, rising above the average of 12.5 percent during the five years before the COVID War, the European Union’s statistics office reported.
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U.S., CANADA TRADE TALKS COLLAPSE, BOTH SIDES IMPOSE TARIFFS
Trade negotiations between the U.S. and Canada ended abruptly on 21 August, with both sides saying the other had sprung last-minute changes that were unacceptable.
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GOING OUT OF BUSINESS TRENDS
America’s economic decline continues to spread from Main Street to major corporations.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Companies continue slashing jobs as economic pressures intensify and business conditions weaken.
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GAZA/LEBANON DEATH TOLL
Israel killed about 73,431 Palestinians and injured another 174,437 since the genocidal war started in October 2023.
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LIGHT-POWERED “MICRODRONES” HUNT AND CAPTURE BACTERIA
At Germany’s University of Würzburg, researchers have built robots 50 times smaller than the width of a human hair that navigate through liquid, grab bacteria, transport them, and deposit them in a specified location.
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HUMAN HOOKWORM BECOMES A LIVE-IN DRUG FACTORY
Hookworms are parasites about a half-inch long that settle in a person’s small intestine.
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ECONOMIC UPDATE
Chief Seattle said that “All things are connected like the blood which unites one family.”