Economics

Iran possesses the second largest gas reserves on the planet, after Russia, and the fourth largest oil supplies

China Could Ramp Up Iranian Oil Purchases to Blunt U.S. Sanctions

The Wall Street Journal noted on Tuesday that the Trump administration’s plan to pressure Iran with renewed sanctions might have one big flaw: China. The Chinese are in a position to buy so much Iranian oil that the effect of isolating Iran from U.S. and European markets will be greatly diminished.

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Larry Kudlow: E.U. President Coming with Free Trade Offer Next Week

White House economic adviser Larry Kudlow said Wednesday that European Union President Jean-Claude Juncker will be coming to Washington, D.C. next week with a “free trade offer” for President Donald Trump’s consideration. He offered his remarks during a discussion with CNBC’s Jim Cramer at the Delivering Alpha conference in New York City, NY.

Larry Kudlow, a long-time fixture on the CNBC business news network who previously served in the Reagan administration, is interviewed on the floor of the New York Stock Exchange, Wednesday, March 14, 2018. President Donald Trump has chosen Kudlow to be his top economic aide. (AP Photo/Richard Drew)

Kudlow: Economic Growth Could Top Four Percent for ‘a Quarter or Two’

White House chief economic adviser Larry Kudlow predicted Wednesday at CNBC’s Delivering Alpha conference in New York that economic growth could reach as high as four percent for “a quarter or two.” Kudlow told CNBC’s Jim Cramer that the Trump administration plans

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Obama: Abolish the Nation-State!

Former President Barack Obama told an African audience that voters’ preferences for their own nation are no excuse for keeping nation-states and that all governments should welcome migrants who are “striving for a better life.”

Jeff Bezos

Amazon Faces Website Failures on Prime Day

Amazon faced serious website issues on one of the site’s most important days of the year — Prime Day, when many items are heavily discounted.

One of Kenya's newly acquired standard gauge rail locomotive, carrying Kenyan President pulls into Voi railway station on May 31, 2017 in Voi, during an inaugural ride on Kenya's new standard gauge railway from the coastal city of Mombasa to the capital, Nairobi. Kenya's President Uhuru Kenyatta on Wednesday inaugurated …

Report: ‘One Belt One Road’ Created Major Chinese Immigration Mess in Kenya

Kenya’s The Standard newspaper, which previously exposed outrageous discrimination on the part of Chinese workers in the country towards native Kenyans, reported on Sunday that Kenya has let in at least 5,000 Chinese workers to take jobs Kenyans could easily do — and an untold number of others illicitly using tourist visas to take Kenyan jobs.

Though it faces tougher U.S. sanctions, Iran says its revenue from crude oil sales are increasing because of improved market conditions. File Photo by William S. Stevens/U.S. Navy

Mnuchin: U.S. Willing to Consider Waivers for Iran Oil Sanctions

U.S. Treasury Secretary Steven Mnuchin said on Friday the United States will consider waivers for some countries that need more time to stop importing Iranian oil to avoid disrupting global oil markets. Reuters, which reported his remarks, said they were embargoed for release until Monday.

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Judges Revive Catch-and-Release For Migrants With Children

Administration officials are releasing thousands of migrants with young children into the United States, as required by judges, marking the partial return of catch-and-release policies for migrants with children.

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Chadwick Moore — Left for Dead in Danville: How Globalism Is Killing Working Class America

The story of Danville is one echoed in countless communities across the country, a gutted middle class left for dead in the wake of sweeping international trade deals in Washington, applauded by liberal economists and a lockstep media portraying such policies as inevitable, ultimately good, and a win for the American consumer–a narrative usually coupled with condescending and disdainful attitudes toward displaced workers for a perceived inability to sprint ahead with the times.