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China on Monday sanctioned eleven U.S. citizens, including several U.S. senators, in retaliation for sanctions Washington imposed on Chinese officials and their allies in Hong Kong for their role in stifling political freedoms in Hong Kong. “In response to the erroneous actions of the U.S., China has decided to impose sanctions today on those individuals …
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It used to be the case in America that very few employers would screen out applicants just because they didn’t have “proper” educational credentials. That has changed dramatically over the last 60 years. Now, huge numbers of jobs are blocked off to those who don’t have a college degree to their name. In today’s Martin …
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TikTok is threatening to sue the Trump administration over an executive order issued Thursday evening banning Americans from transacting with ByteDance, the Chinese technology firm that owns the short-form video app, beginning Sept. 20. “We are shocked by the recent Executive Order, which was issued without any due process,” the company said in a statement. …
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Latinos constitute a more “diverse” community than African Americans, Joe Biden said on Tuesday in an interview with members of the National Association of Black Journalists and National Association of Hispanic Journalists. “Unlike the African American community, with notable exceptions, the Latino community is an incredibly diverse community with incredibly different attitudes about different things,” …
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Dr. Anthony Fauci, chief medical advisor for the Trump administration’s coronavirus task force, said Wednesday that the country can overcome the coronavirus without shutting down the economy a second time. “There seems to be a misperception that either you shut down completely and damage a lot of things, mental health, the economy, all kinds of things, …
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The Trump administration is seeking to boost arms sales to India following deadly clashes between Chinese and Indian soldiers, Foreign Policy reported on Tuesday. India reported 20 soldiers killed and dozens injured in fights with their Chinese counterparts in a border region in the Himalayan Mountains. The soldiers fought with clubs wrapped in barbed wire, rocks, …
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White House Chief of Staff Mark Meadows suggested Monday that President Trump will issue executive orders regarding another wave of coronavirus relief should negotiations with Democrats on another relief package fail. “This president will do more in the next four weeks than Joe Biden and his team did in the last 40 years, so you …
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The credit cycle drives the business, or trade, cycle. It should be obvious that changes in the quantity of money, mostly in the form of bank credit, have an effect on business conditions. Indeed, that is why central banks implement a monetary policy. By increasing the quantity of money in circulation and by encouraging the banks …
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Monopolies are bad. Regardless of your political views, that statement probably elicited nothing stronger than a yawn. Why? Because even some of the most ardent free market crusaders recognize the dangers of monopolistic power. Competition is the great driving force behind our economy, producing innovation, rewarding efficiency and good management, and reducing prices. Monopolies produce …
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Ammon Bundy, an anti-government activist who lead the 41-day armed takeover of the Malheur National Wildlife Refuge back in 2016, expressed support for the Black Lives Matter movement and for defunding the police in a recent Facebook video. He said in the video that he had considered attending, near his home in Boise, Idaho, “a …