Skip to main content

Author: Author1

ECB’s Weidmann says do not expect central banks to keep interest rates low forever

Written on . Posted in PT Global Economy.

Bundesbank President and hence ECB board member Jens Weidmann in an interview with a German newspaper.

  • We expect Germany’s debt burden during the pandemic to be smaller than during the 2008 financial crisis
  • says he doesn’t expect second coronavirus wave to inflict more economic damage than first wave
  • German government’s emergency fiscal measures must be terminated once crisis unleashed by the pandemic is over
  • says 2021 general election in Germany should play no role in the decision to end or extend economic rescue measures
  • governments should not expect central banks to keep interest rates low forever. Read More

5 Great Trump Victories in 2020

Written on . Posted in PT World Order.

President Donald Trump may have lost re-election in one of the strangest and most contested elections in American history, but he achieved a great deal in 2020. While Americans are exhausted by the constant warfare between Trump and the left-leaning legacy media, the president will leave a solid legacy on a great many issues.

The annus horribilis of 2020 was a tough year for the president. He survived impeachment, but Mitt Romney became the first U.S. senator to vote for the removal of a president of his own party. Trump had been warning about China for many years, and while the COVID-19 pandemic proved his warnings correct, it also devasted the economy his policies had helped to strengthen. Trump thought himself lucky to face Joe Biden in the election, but he let himself go too much in the first debate and the legacy media buried Trump’s successes while spewing out almost 100 percent negative coverage.

Even though it seems Biden will replace Trump next month, Republicans picked up seats in the House of Representatives and Trump won more Hispanic and black voters in a powerful rebuke to the Left’s identity politics narrative.

Donald Trump vows support for anti-abortion movement at March for Life rally - CNNPolitics

Despite Trump’s struggles in 2020, he achieved at least five important victories this year.

1. The March for Life

Read More …

Arab communities shattered, as organized crime fuels a skyrocketing murder rate

Written on . Posted in PT Middle East.

On December 16, Nimr Suleiman was sitting in a house in al-Reineh with several friends when a group of armed men burst in and opened fire.

Suleiman was hit by a spray of bullets and died on the spot. While his death is still being investigated, it is believed that the intruders had intended to gun down one of his companions.

The killing marked a tragic new record for bloodshed among Israel’s Arab citizens: 90 homicides since the start of 2020. By December 28, the toll had hit 96, representing a harrowing 50 percent jump in the murder rate among Arab Israelis in only four years.

“We’re counting our time in murders,” lamented Joint List MK Mansour Abbas, who directs a parliamentary committee on eliminating organized crime in Arab communities, in early November. Read More

Watch: Democrat Jon Ossoff Promises Illegal Aliens Amnesty at ‘Latinx Meet and Greet’

Written on . Posted in PT World Order.

Georgia Democrat Senate candidate Jon Ossoff vowed amnesty for all illegal aliens “who otherwise follow the law,” if he is elected, in response to a question about immigration during a campaign event Wednesday.

Jon Ossoff event

A self-described Deferred Action for Childhood Arrivals (DACA) recipient from Mexico, who was part of a small crowd gathered in front of Super Mercado La Villa for a “Latinx Meet & Greet” event Wednesday morning, asked Ossoff what he thought about immigration law for Latinos.

Ossoff said, “I will stand with you and all Dreamers, all DACA recipients, because Dreamers are every bit as American as any of us, and I’ll have your back in the U.S. Senate.” Read More

“Rat Poison Squared” Bitcoin Tops $29k, Surpasses Berkshire Hathaway’s Market Cap

Written on . Posted in PT Global Economy.

Bitcoin surged above $29,000 overnight and, despite a quick dump (that we’ve seen at each big figure break), has stabilized there as mainstream interest and trading activity soars.

And at $539 billion, the largest cryptocurrency surpassed the market cap yesterday of finance giant Berkshire Hathaway, the CEO of which, Warren Buffett, famously likened Bitcoin to “rat poison squared.”

And while crypto may remain “rat poison” to some, CoinTelegraph’s William Suberg notes that bitcoin has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market.

Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes. Read More

China scores an EU investment deal before Biden takes office — and it wants to do more

Written on . Posted in PT Global Economy.

  • China and the European Commission announced Wednesday that they finished talks on a “Comprehensive Agreement on Investment” which officials said will give each region’s businesses greater access to the other’s market.
  • The deal was rushed into place and comes before Joe Biden is sworn in as U.S. president. In contrast to the Trump presidency, Biden’s administration is widely expected to work alongside allies such as the EU to manage relations with China.
  • At a late-night press conference on Wednesday, a China Ministry of Commerce spokesman told reporters that China hopes for deals with other countries. Read More

US Flies Nuke-Capable B-52 Bombers To Middle East

Written on . Posted in PT Middle East.

The US military flew nuclear-capable B-52 bombers to the Middle East Wednesday, CNN reports.

The purpose of the move, according to a statement from US Central Command, was “to underscore the US military’s commitment to regional security and demonstrate a unique ability to rapidly deploy overwhelming combat power on short notice.”

“The United States continues to deploy combat-ready capabilities into the US Central Command area of responsibility to deter any potential adversary and make clear that we are ready and able to respond to any aggression directed at Americans or our interests,” Gen. Frank McKenzie, the commander of US Central Command, said in a statement.

Wednesday’s flight constitutes the third bomber deployment in the Middle East in the last 45 days, noted CNN. Read More

Chinese State-Run Media Steps Up and Defends Swalwell

Written on . Posted in PT World Order.

There are two kinds of Chinese media: the actual, state-run media that answers to the Chinese Communist Party, and the U.S. and other Western media that rent themselves out to the CCP’s interests. This story focuses on the former.

Axios reported earlier this month that Rep. Eric Swalwell (D-Calif.) had a relationship with a woman who turned out to be a spy for China’s communist government. The full nature of the relationship with Swalwell has not been confirmed, but Fang Fang (or Christine Fang, as she called herself) slept with at least two U.S. mayors and engaged in fundraising and campaign staffing for Swalwell. She established relationships with many California officials as they were on the political rise, according to the Axios report. In 2015, the FBI caught onto her and warned Swalwell about her. This was the same year the House Democrats under Speaker Nancy Pelosi, who had been briefed on the spy and her relationship with Swalwell, elevated him to the House Intelligence Committee.

Swalwell spent the entire Trump presidency blaming Russia for all manner of ills, but never blaming China for anything, even after the CCP attempted to cover up the coronavirus outbreak. This attempted coverup cost the world valuable time and allowed the virus to spread around the globe. More than 200,000 Americans have reportedly died due to the virus. Read More

Hawley Takes Lead On Final Effort To Save Trump

Written on . Posted in PT World Order.

U.S. Sen. Josh Hawley (R-MO) said Wednesday that he will join several House Republicans in objecting to the 2020 Electoral College vote when the results are presented to Congress on January 6.

In a news release, Hawley said he will object “to highlight the failure of some states, including notably Pennsylvania, to follow their own election laws as well as the unprecedented interference of Big Tech monopolies in the election.”

If Hawley or other senators object to each one of those, that action will trigger a process in which each body will debate allegations of voter fraud and election irregularities in each one for two hours apiece, or up to 12 hours.

“Following both the 2004 and 2016 elections, Democrats in Congress objected during the certification of electoral votes in order to raise concerns about election integrity. They were praised by Democratic leadership and the media when they did,” Hawley said. Read More

‘We won’t force vaccine; but here’s what we will do’

Written on . Posted in PT Middle East.

Although Health Ministry Director Hezy Levy yesterday insisted to reporters that “we won’t force people to take a vaccine. Israeli law doesn’t allow for it,” speaking before the Special Knesset Coronavirus Committee chaired by MK Yifat Shasha-Biton, Sheba Medical Center Chief Medical Officer and Chief Innovation Officer Dr. Eyal Zimlichman listed measures that are being planned to “maneuver” the population into vaccinating as a way of regaining freedom of movement.

The issue of how to “motivate” vaccine compliance has generated increasing interest, with commentators such as Mike Cernovich writing: “Government won’t force you to take vaccine. Amazon will. Airlines will. Banks will. You won’t be able to buy, sell, or trade without the vaccine.”

As if underscoring Cernovich’s words, Dr. Zimlichman told the committee: “Another thing that will apparently come into our lives, starting in small numbers already in January which is soon, and that’s the vaccine.

“If we’re discussing how to create motivation for Israeli citizens to vaccinate, I agree, you can’t force the population; it won’t work. We can talk about it until tomorrow, it won’t work.

“What is possible is to create motiv.ation. Whoever is vaccinated will automatically receive ‘green status’. Therefore, you may vaccinate, and receive Green Status to go freely in all the green zones: They’ll open for you cultural events, they’ll open to you the shopping malls, hotels, and restaurants. Read More