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India set to eclipse US with global economic growth share by 2024

11 hours ago NAMEX Comments Off on India set to eclipse US with global economic growth share by 2024
India is expected to become a much bigger driver of global growth than the world’s current largest economy, the US, in just five years, according to Bloomberg calculations based on International Monetary Fund (IMF) data. The global economic watchdog warned about the risks of the slowdown that the world is currently facing as it downgraded Read More

Justin Haskins: Elizabeth Warren is pretending to be something she’s not – let’s not fall for her masquerade

17 hours ago NAMEX Comments Off on Justin Haskins: Elizabeth Warren is pretending to be something she’s not – let’s not fall for her masquerade
Sen. Bernie Sanders of Vermont proudly calls himself a democratic socialist. But fellow Democratic presidential candidate Sen. Elizabeth Warren of Massachusetts – who holds many similar extreme-leftist positions – claims she’s really a capitalist. That’s a claim that would add a few feet to Pinocchio’s nose. Warren can call herself anything she wants. She falsely Read More

‘Abominable’ film axed in Malaysia after rebuffing order to cut China map

19 hours ago NAMEX Comments Off on ‘Abominable’ film axed in Malaysia after rebuffing order to cut China map
KUALA LUMPUR (Reuters) – DreamWorks’ animated movie “Abominable” will not be released in Malaysia after its producers declined to meet a censor board requirement to cut a scene showing China’s “nine-dash line” in the South China Sea, the movie distributor said on Sunday. FILE PHOTO: Bikers go past an empty space where a promotional poster Read More

China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy

1 day ago NAMEX Comments Off on China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy
WASHINGTON (Reuters) – China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level. People’s Bank of China Governor Yi Gang, Federal Reserve Chairman Jerome Powell and Nigeria’s Finance Minister Read More

SoftBank seeks to avoid WeWork’s liabilities with new investment: sources

1 day ago NAMEX Comments Off on SoftBank seeks to avoid WeWork’s liabilities with new investment: sources
NEW YORK (Reuters) – SoftBank Group Corp (9984.T) is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter. FILE PHOTO: A WeWork logo is seen outside its offices in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Read More

Russia mulls using yuan & euro instead of US dollar for external loans in 2020

1 day ago NAMEX Comments Off on Russia mulls using yuan & euro instead of US dollar for external loans in 2020
Further turning away from the greenback, Russia is eyeing the yuan and the euro as currencies for Eurobonds next year, Russian Finance Minister Anton Siluanov has said on the sidelines of an IMF and World Bank meeting. Answering journalists’ questions about the impact of US sanctions on the Russian sovereign debt market, Siluanov said that Read More

Cutting rates is bringing us closer to ‘the greatest amount of debt’ in human history – RT’s Boom Bust

1 day ago NAMEX Comments Off on Cutting rates is bringing us closer to ‘the greatest amount of debt’ in human history – RT’s Boom Bust
Ridiculously low interest rates around the world have recently become a hot topic among policymakers and market analysts. RT’s Boom Bust discusses how further cuts would affect ballooning negative yielding global debt. “In August we saw that we were at $17 trillion negative yielding global debt… The IMF is warning that if we reach $19 Read More

Buttigieg’s recent attack on Warren over Medicare-for-all contradicts previous debate

2 days ago NAMEX Comments Off on Buttigieg’s recent attack on Warren over Medicare-for-all contradicts previous debate
South Bend, Ind. Mayor Pete Buttigieg slammed Sen. Elizabeth Warren, D-Mass., at this week’s Democratic debate over her not being clear about whether middle-class tax hikes would fund Medicare-for-all. But remarks Buttigieg made at a previous debate contradicted his hardened stance. Buttigieg, who has campaigned on “Medicare-for-all-who-want it,” called out Warren for being “evasive” on whether Read More

Russian military finds new ‘definitive’ proof to back Moscow’s Arctic shelf claim – Deputy PM

2 days ago NAMEX Comments Off on Russian military finds new ‘definitive’ proof to back Moscow’s Arctic shelf claim – Deputy PM
Additional research and acoustic profiling carried out by the Russian military has provided new data that puts Moscow’s claim on the resource-rich continental shelf in the Arctic Ocean beyond doubt, Deputy PM Yury Borisov said. The Defense Ministry has gathered “a large amount of data”, which will be made public during a UN commission meeting Read More

Marc Thiessen: Elizabeth Warren tells voters economy not working for them – Most voters disagree

3 days ago NAMEX Comments Off on Marc Thiessen: Elizabeth Warren tells voters economy not working for them – Most voters disagree
With three polls showing her in the lead, Sen. Elizabeth Warren, D-Mass., may soon eclipse former Vice President Joe Biden as the front-runner for the Democratic presidential nomination. That’s great news for Republicans, because Warren has a problem: The central message of her campaign is that the economy is working for the very wealthy but Read More