US-China trade war: Washington now wants control of the renminbi-yuan

The US- China trade war is now taking new dimensions, touching the very financial heart of the most populous country on earth. The Washington administration has already more or less ordered Beijing to perform unbelievable structural changes of American liking in the economy. Now they say monetary issues have to be inserted in the trade […]

A new global financial crisis develops fast; who denies it?

During the last two weeks the world’s largest stock markets had a wild time not seen since Lehman Brothers went bust on 15 September 2008. The New York stock exchange in Wall Street lost more than 8% of its capitalization in a few days and then recovered some of the losses to close last Friday […]