The US trade deficit widened in July, growing by 0.3% from a downward revised $43.5 billion to $43.7 billion, and beating expectations of $44.7 billion, as exports decreased more than imports. The goods deficit decreased less than $0.1 billion in July to $65.3 billion. The services surplus decreased $0.2 billion in July to $21.6 billion.
Breaking down the components, first exports:
Update 3: The Irma hits just keep on coming, with the NHC Atlantic Ops twitter page reporting that as of this moment, Irma is now the stronger hurricane in the Atlantic basin outside of the Caribbean Sea and Gulf of Mexico in NHC records. “Preparations should be rushed to completion in the hurricane warning area,” the NHC said.
Authored by Guy Milliere via The Gatestone Institute,
Via The Saker,
Authored by Jon Schwartz via The Intercept,
The most alarming aspect of North Korea’s latest nuclear test, and the larger standoff with the U.S., is how little is known about how North Korea truly functions. For 70 years it’s been sealed off from the rest of the world to a degree hard to comprehend, especially at a time when people in Buenos Aires need just one click to share cat videos shot in Kuala Lumpur. Few outsiders have had intimate contact with North Korean society, and even fewer are in a position to talk about it.