1. Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. The Turkish lira and Argentine peso have crashed, while China’s stock market is stuck in a bear market. Problems long masked …
Read More »Corporate America is spending more on buybacks than anything else
For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. S&P 500 companies rewarded shareholders with $384 billion worth of buybacks during the first half of 2018, according to a Goldman Sachs report published Friday. That big bonanza for Wall Street is up 48% from last year and reflects …
Read More »Business leaders at China’s ‘Davos’ warn of damaging deadlock
Business leaders and officials in China say that Beijing is ready to dig in for a war of attrition with the United States on trade. The Trump administration launched its biggest barrage of tariffs yet just as top executives and policymakers were gathering for the start of a World Economic Forum event in the northern Chinese city of Tianjin on …
Read More »Investors are starting to worry about the economy
Wall Street doesn’t seem to care about the escalating trade war between the United States and China. The Dow jumped 175 points and the Nasdaq climbed 1% on Tuesday despite Washington and Beijing pushing ahead with another round of punishing tariffs. Investors are betting the US economy will continue to power ahead of the rest of the world. Yet beneath …
Read More »Premier Li Keqiang says Beijing will never devalue yuan to boost exports
The trade war between China and the United States is intensifying, but Beijing has just taken one potential weapon off the table. Premier Li Keqiang told an audience of global executives and policymakers that China would not weaken the yuan to boost trade with the rest of the world. “China will never go down the path of stimulating exports by …
Read More »Executives in China worry about what comes next
Companies in the front line of the trade war between the United States and China are anxious about what comes next. Executives at a World Economic Forum event in the northern Chinese city of Tianjin have been digesting the dramatic escalation in the conflict this week. Some appear relaxed, some worried, while others are hoping for the best. The Trump …
Read More »Ronaldo and Messi statistics at national team and club level
When it comes to statistics, both Ronaldo and Messi have incredible records for both their national teams and club teams. Here’s a brief summary: National Teams: Ronaldo has scored 115 goals in 191 appearances for Portugal, while Messi has scored 76 goals in 151 appearances for Argentina. Ronaldo has won the UEFA European Championship with Portugal in 2016, while Messi …
Read More »How can a person’s daily life style be?
There is no one-size-fits-all answer to this question, as everyone’s lifestyle will be different depending on their individual needs, preferences, and circumstances. However, here are some general guidelines for a healthy and balanced daily lifestyle: Sleep: Aim for 7-9 hours of sleep per night, and try to maintain a consistent sleep schedule. Diet: Eat a balanced diet that includes plenty …
Read More »Something about the wonderful Messi
Lionel Messi is a professional football player from Argentina who is widely considered to be one of the greatest footballers of all time. He has spent most of his career playing for FC Barcelona, where he has won numerous titles and awards, including ten La Liga titles and four UEFA Champions League titles. Messi is known for his incredible technical …
Read More »China strikes back by going after America’s energy companies
Editor’s Note: This story was originally published September 19, 2018. New York CNN Business — The United States has an abundance of natural gas that pollution-riddled China badly needs to wean itself off coal. Eying China’s voracious demand, Cheniere Energy, ExxonMobil (XOM) and other American energy companies are racing to build more than two dozen expensive facilities to export liquefied …
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