Chinese equity markets rose and fell in waves in recent months as Beijing announced, then failed to deliver, “bold” stimulus programs to revive the dormant domestic economy.
Author: admin (Kendrick Williams)
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RICHEST 1 PERCENT SEES FORTUNE HIT $52 TRILLION
The top 1 percent of American earners saw their net wealth pop to a combined $52 trillion in the second quarter of this year—benefiting from the additional $4 trillion they made in the past year alone, according to new data from the Federal Reserve.
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ELLISONS TAKE CONTROL: PARAMOUNT BUYS THE FREE PRESS FOR $150M IN CASH, STOCK, NAMES ZIONIST BARI WEISS EDITOR-IN-CHIEF OF CBS NEWS
Bari Weiss, the co-founder of The Free Press and staunch Zionist, was named the editor-in-chief of CBS News after Paramount Skydance announced its purchase of the outlet for $150 million.
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UNIPARTY TAKES AIM AT MAMDANI AS ERIC ADAMS BACKS OUT OF NYC MAYORAL RACE
Eric Adams, the New York City mayor, announced earlier this month that he will not seek reelection in November, which helps clear the way for Andrew Cuomo, the disgraced former governor, to take on Zohran Mamdani in a few weeks as the political establishment teams up to beat the pro-Palestinian candidate.
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MERZ’S LATEST COMMENTS ABOUT RUSSIA SHOULD BE SEEN AS A ‘DECLARATION OF WAR,’ WRITES WSWS
German Chancellor Friedrick Merz addressed an audience in Düsseldorf last week and said while Berlin is not technically at war, it should be noted that the country is also “no longer at peace either,” which WSWS said is essentially a “declaration of war.”
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PENTAGON’S CHIEF LAWYER DOES HIS BEST TO JUSTIFY MILITARY’S MASS MURDER IN THE CARIBBEAN
The Pentagon’s top lawyer tried to make the legal argument for the U.S.’s attacks on alleged drug boats in the Caribbean, and largely based his case on President Donald Trump’s position that the individuals in these boats are essentially terrorists looking to inflict harm on Americans, and should be dealt with accordingly.
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DONALD TRUMP JR. SAYS STABLECOINS WILL SAVE USD
Donald Trump Jr., President Donald Trump’s son, told a crypto conference in Singapore that stablecoins will eventually be the main catalyst in preserving “dollar hegemony” around the world.
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AUSTRALIA RAMPS UP DEFENSE WITH A$25 BILLION INVESTMENT
Australia announced last week that it will look to bolster its defenses to respond to “the most threatening strategic landscape” it has seen in decades, with an A$25 billion ($16.5 billion) investment in its military, with a focus on autonomous weaponry.
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SOUTH KOREA RAMPS UP MILITARY SPENDING OVER ‘ERA OF INCREASED CONFLICT’
South Korean President Lee Jae Myung announced last week that Seoul will increase its military spending by 8.2 percent in 2026 to become more self-sufficient in the face of new threats to the country’s “peace and prosperity.”
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MAJOR PROTESTS BREAK OUT ACROSS EUROPE IN SUPPORT OF PALESTINIANS, FLOTILLA
Major protests broke out over the weekend in capitals across Europe in support of the Palestinians in Gaza being tormented and killed by the IDF and the humanitarian-aid flotilla that was intercepted in international waters before reaching the battered enclave.