Japan signals openness to Belt and Road

Japanese Prime Minister Shinzo Abe has said his government will “properly respond to” individual cooperation programs related to the China-proposed Belt and Road Initiative. Abe made the remarks on Wednesday when meeting with Toshihiro Nikai, secretary-general of the ruling Liberal Democratic Party, and Yoshihisa Inoue of junior coalition partner Komeito to talk through Japan’s strategy on… Please follow and like us:

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In A “Synchronized” Global Economy, China’s Numbers Are Worrisome

In a January 10 research piece, Capital Economics points to key dots that are not often connected, which is nothing new for the independent research provider. In a global economy, historically geographic regions have exhibited a degree of noncorrelation. For hundreds of years, the economic ripples occurring in China were gently felt in the US. But… Please follow and like us:

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Corp Americas New Way To Steal From You: ARBITRATION – America’s Lawyer

To learn more about this topic, visit AL.Law Via America’s Lawyer: Mike Papantonio discusses, how businesses have been stripping American consumers of their rights with binding arbitration clauses that they tuck into their contracts with attorney, Tim O’ Brien. Transcript of the above video: Mike Papantonio: One of the biggest scams ever collectively pulled off by… Please follow and like us:

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Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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5 Ways Congress Fell Short in Spending Your Money in 2017

As 2017 comes to a close, it’s worth remembering that America’s mountain of debt continues to grow. Here are five key facts about federal spending in 2017 to remember: 1. The deficit reached $666 billion. 666 is known by many as the number of the beast in the book of Revelation in the New Testament. In… Please follow and like us:

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Chinese Leaders Proclaim End To Government Bond Risk Backstop, Look To Detroit For Guidence

Xu Zhong, head of the People’s Bank of China’s research bureau, is in an unusual position. In a nation known for government intervention in free market forces, he recognizes the slippery slope of the moral hazard of the government bailing out risky lending practices. Looking at how local Chinese governments have become over-leveraged, he says the… Please follow and like us:

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Question Posed: How Did Bob Corker Go from ‘Dead Broke’ to $69 Million Net Worth During 11 Years in U.S. Senate?

“How do you increase your net worth by 69 million dollars while you’re working full-time as a Senator?” That’s the question Rolling Stone reporter Matt Taibbi asked about Senator Bob Corker (R-TN) on Friday. Neither Taibbi nor Rolling Stone are fans of Corker (or of President Trump, Republicans, or conservatism in general). And Rolling Stone has… Please follow and like us:

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Rising debt for youths in S. Korea

SEOUL – South Korea’s younger generation is facing rising debt while the older generation has less living costs, boosting worries about low birthrate amid an aging population, data showed on Thursday. According to data jointly released by Statistics Korea, the Bank of Korea and the Financial Supervisory Service, householders aged under 30 have an average debt… Please follow and like us:

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Economy Growing At Fastest Pace In More Than Two Years

Last quarter, the U.S. economy grew at its quickest pace since 2015, and the unemployment rate has remained steady at a 17-year low, leaving some economists to question why the Republican tax bill, which will likely only create a small boost, was necessary. The $1.5 trillion tax cut package passed by Congress this week slashed corporate… Please follow and like us:

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4 credit card traps to avoid in 2018

With the new year just around the corner, it’s a good time to reflect on your life and accomplishments over the past 12 months. It’s also a good time to think about your finances! With credit card debt at staggering levels nationwide, it’s high time to get serious about spending. Of course, credit cards can be… Please follow and like us:

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Can you really get rich quick selling on Amazon?

Wouldn’t you like to make as much as $10,000 in the next 30 days by becoming a power seller on Amazon? That’s one of the promises made by two brothers who ran a website pushing products and seminars that claimed to be able to teach you to make a fortune with very little effort. RELATED: This… Please follow and like us:

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Xi’s China rising, Trump’s America waning

In less than a year in office, US President Donald Trump has managed to alienate more allies and provoke more enemies faster and more decisively than any of his predecessors in recent history. All of a sudden, we face the simultaneous threats of war from the Korean Peninsula to the Middle East. Meanwhile, US’ chief rival,… Please follow and like us:

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8 of the Worst Financial Blunders by Athletes

What would you do if you won the lottery tomorrow? Would you continue adding to your car collection, buying really expensive one-of-a-kind vehicles? Would you make your own 3-D printer mold for bobble heads? Would you invest in cryptocurrency? And how would you fend off the money moths? That’s what some professional athletes seem to think… Please follow and like us:

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The average household is carrying almost $16,000 in credit card debt

There’s been so much good news on the economic front these days — from consumer confidence on the rise to a thriving stock market and strong jobs report — that you’d be forgiven for not noticing one of other things that is happening: Americans are doing quite bit more borrowing these days. We consumers are accumulating… Please follow and like us:

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China’s tough measures rid property market of speculation fever

BEIJING – China’s property market is expected to cool in the fourth quarter as real estate investment growth faltered, monthly property sales value dropped and home prices declined in hot spot cities, economists said. The property market remained stable in October, with new residential housing prices seeing slower growth year-on-year in 13 of the 15 major… Please follow and like us:

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