You are here

Asia

Global Shares Trade Mixed In Thin Holiday Trade; Yen Rises As China Rebounds

With most global market closed for Christmas holiday, and traders taking the day and the week off, global stocks traded mixed in thin, subdued conditions as the dollar dipped against the yen, with the USDJPY sliding for a fourth straight day to 117, while the EUR was flat at 1.0450, taking stock of the US 10Y yield which closed lower on Friday.

The United States And The Race For Global Hegemony

The United States And The Race For Global Hegemony

Submitted by Federico Pieraccini via Strategic-Culture.org,

The previous article focused on the definition of an international order, globalization, geopolitical theories and how this has changed the notion with which a nation exercises control over a foreign country. In this second part I intend to examine the various geopolitical theories, their translations into modern concepts, and practical actions that the United States have undertaken in recent decades to aspire to global dominance.

The Strategy Of Rimland

Caterpillar Posts Record 48 Consecutive Months Of Declining Retail Sales

Caterpillar Posts Record 48 Consecutive Months Of Declining Retail Sales

While Caterpillar's CEO may have resigned recently, admitting that he misjudged the business strategy, and even the company issued a press release cautioning the market may have gotten ahead of itself, CAT  stock does not appear to be bothered, soaring by 12% since the Trump presidential victory, and continues to trade near 2016 highs on hopes an infrastructure push would make excavators great again. For now, however, the woes at the heavy industrial manufacturer continue, with yet another month of declining global sales, the company's 48th in a row.

Pages