Americas

By Chris at www.CapitalistExploits.at

Last week, China bypassed the World Trade Organisation agreements and using an old law officially launched a probe into Americas intellectual property practices.

China's foreign affairs minister, talking of America, stated that:

"We’ve come to the conclusion that they’re in an economic war and they’re crushing us.”

Reiterating this stance, a Chinese Communist Party spokesman went on to say:

Baltimore's 225-year-old monument to Christopher Columbus, said to be the oldest in the country and the world dedicated to the explorer that is still standing, has been severely vandalized.

This morning the words on the statue – Sacred to the Memory of Chris. Columbus Oct. XII MDCC VIIIC – were unreadable, a hole smashed in the stone.

“Racism: Tear it down,” one sign leaning on the monument base says.

 

While the growing woes facing the auto sector are well-known by now (see "Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending") and boil down to excess capacity, insufficient demand and just a tiny - if one listens to the experts - subprime lending bubble, one key culprit has emerged as the biggest catalyst behind the chronic weakness among US carmakers: a moribund fleet, or rental, industry which has been devastated in recent years from Uber's juggernaut of disruption.

Authored by Grgeory  Copley via OilPrice.com,

Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms which no longer even need to acknowledge “Western-style” democracy? 

Are we seeing the revival of a bloc of pre-Westphalian nation-states with major power support? 

After several days of delays, which prompted speculation among politicians and the media why the White House is dragging its feet on the issue and was the topic of several questions during Rex Tillerson's Tuesday media press conference, moments ago the Donald Trump officially signed into law new Russian sanctions that prevent the president from acting unilaterally to remove certain sanctions on Russia and adds sanctions against Russia, Iran and North Korea.