economic impact

chinaUS and Reach Agree on Phase One Trade Deal and Meeting With Trump for Final Approval

U.S. negotiators have reached the terms of a phase-one trade deal with China and they are meeting with President Donald Trump for final approval. Trade advisers were set to meet with the president at 2:30 p.m. to discuss the agreement. …

chinaThe Post Brexit-EU Versus the USA and China in Terms of GDP

It seems likely that the UK election will hand Boris Johnson and his Conservatives a majority. This would mean a Brexit where the UK leaves the EU by the end of 2020. At the end of 2019: The US economy …

economic impactPrior 80 years and the Next 80 Years

There is a relatively common belief and idea that we are in an age of accelerating technology. Technology is advancing and there is a good chance that various super-technology will be developed over the next 80 years. The story of …

economic impactWorld Emissions Are Trending 38 Billion Tons CO2e Too High 2030 for 1.5 Degree Target

The 2019 UN Emission Gap report indicates that global emissions must drop 7.6 percent per year from 2020 to 2030 for the 1.5°C goal and 2.7 percent per year for the 2°C goal. The UN report says a 30 billion …

businessDOW is up 400 Point With Talk of a Mini-Trade Deal With China

Reports indicate that the US and China could agree to a partial trade agreement. It is expected to cover currency and agriculture purchases and a delay in the tariff hike scheduled for next week. Trump and Chinese Vice Premier Liu …

businessPG&E Forces Customers to Suffer Billions in Costs Because PGE Failed to Make Their System Safe

PG&E is choosing to create what could be among the worst power outages in US history. This is not an outage where the weather directly caused the outage. It was not a hurricane that broke power lines. The winds had …

chinaHopeless Inequality is the Real Issue in Hong Kong and the World

Xi Jinping is going completely to the Chairman Mao playbook. However, China is misunderstanding the Hong Kong issues. The police in Hong Kong and soon the Chinese Army are over-reacting. This article will review the over-reaction and how it goes …

economic impactTrade War is Turning US Trade Profile Back to 1980s Levels and Causing a GDP Hit

Wharton professors have projected that even if the recently imposed tariffs are removed, GDP will be permanently smaller relative to having had no trade war. Extending the current trade war by several more years will lead to smaller losses in …

chinaChina GDP Growth Drops to 6.3%

China is reporting a GDP growth rate of 6.3% and unemployment of about 5.1%. The agricultural production situation is relatively good, and the summer grain has achieved a bumper harvest. The total output of summer grain this year has increased …

economic impactSeven Years of India GDP Growth Was Overstated at 7% Per Year Instead of 4.5%

Official Indian estimates placed annual average GDP growth between 2011-12 and 2016-17 at about 7 percent but new research estimates that actual growth may have been about 4.5 percent with a 95 percent confidence interval of 3.5 – 5.5 percent. …