China will focus on high-end manufacturing development China’s Premier Li Qiang announced on Wednesday that the government plans to support advanced manufacturing. The authorities will strengthen their policy guidance to bolster this sector. China is the second-biggest economy around the globe, while the United States takes first place. However, the two countries are engaged in a longtime rivalry, both straining to gain more influence. Currently, America is gaining the upper hand. Meanwhile, Beijing is trying to counteract the latter’s actions. In the United States, national security recently restricted access to Chinese semiconductors, as well as AI technology. Li stated that […]

TOP STORIES _____________________________________________________________________________ Biden Claims It’s A ‘Possibility’ Communist China’s Xi Jinping Didn’t Know Spy Balloon Was Flying Over U.S. One of the most well-known female surfers in the world has publicly slammed a recent decision by the World Surf League to allow men to compete as women. Border crossers, arriving on buses from Texas to New York City, are expected to cost New Yorkers more than $4 billion over the next two years, according to new estimates. _____________________________________________________________________________ COVER STORY To Distract From GOP’s Biden Family Business Investigation, Media Dredge Up More ‘But Trump’ Excuses _____________________________________________________________________________ Inflation Or No Inflation […]

Commercial real estate REITs have been under intense pressure as the industry faces a tripple whammy of high-interest rates, work-from-home, and white-collar layoffs. On Wednesday, the Fed decided to hike interest rates by 0.25% and signaled that more rate hikes were coming. And recent data shows that the percentage of people working from home is still sharply higher than where it was during the pandemic. Worse, many large companies like Amazon, Salesforce, and Meta Platforms are laying off thousands of employees.  Therefore, with debt maturities coming up, there are concerns that the industry will be in trouble for a while. […]