United States

By John Mauldin from Mauldin economics

Following Treasury Secretary Mnuchin's threat that the US could impose economic sanctions on China if it does not implement the new sanctions regime against North Korea:

"If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the US and international dollar system, and that’s quite meaningful."

Authored by John Ivison via NationalPost.com,

Participation in the ballistic missile defence program would be costly, but, amid nuclear threats, it appears Canada is no longer under the protective umbrella of the U.S.

Politicians approach most subjects with open mouths, but they are rarely at a loss for words.

That’s why the testimony at a House of Commons defence committee, specially convened to consider the thorny problem that is North Korea, was so memorable.

New cryptocurrencies are emerging almost daily, and many interested parties are wondering whether central banks should issue their own versions. But what might central bank cryptocurrencies (CBCCs) look like and would they be useful? This feature provides a taxonomy of money that identifies two types of CBCC - retail and wholesale - and differentiates them from other forms of central bank money such as cash and reserves.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Review & Update

Two weeks ago, I noted: