G20 and the Financial War

By Alasdair Macleod – Re-Blogged From Goldmoney

This weekend, the G20 nations meet at Buenos Aires. The most important issue will be America’s use of trade policy, ostensibly to bring an end to China’s unfair trade practices. Rather, it could mark a significant milestone in the cold war against China and drive the global economy into a slump.

Introduction

President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be forced to climb down on its restrictive practices, technology and patent theft, and modify its Made in China 2025 (MiC2025) initiative to open it to American corporations. Trade negotiators from both sides have been working in the background to achieve some sort of progress before Presidents Trump and Xi meet at the G20 this weekend, which buoys up hopes of a positive outcome.

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Robots in the Workplace

By Morgan Franklin – Re-Blogged From RS Components

The future role of robots in everyday life is a hot topic, particularly when it comes to the workplace. As more and more industries welcome automation, it’s no surprise that workers are concerned, but just how worried are they? Take a look at the infographic below to see who is most concerned [in the UK -Bob] when it comes to robots taking their job.

Wind farms are the ‘new apex predators’: Blades kill off 75% of buzzards, hawks and kites that live nearby, study shows

By Harry Pettit – Re-Blogged From Daily Mail

  • Predatory bird numbers are four times higher in areas away from win turbines
  • This is having a devastating ‘ripple effect’ across the food chain
  • It means numbers of certain small animals are growing unchecked

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For the UK’s Nationalists, President Trump is a ‘Role Model’

LONDON — The demonstrators let out a collective scream: “Whose streets? Our streets!”

Anger crackled in the air as the protesters — some in red MAGA caps or dressed in flag-themed clothing — grew incensed at a small group of liberal counterprotesters who were chanting “racist scum” at them from behind a metal barricade.

“They’re the fascists!” a woman yelled back at the liberals, as her fellow demonstrators nodded approvingly.

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Big Short’s Eisman Is Shorting U.K. Banks On Brexit

By Mark O’Byrne – Re-Blogged From Silver Phoenix

Eisman says U.K. is one of the biggest risks globally

– He is betting against two UK banks in the lead up to Brexit – Eisman may short 50 other UK firms if “Trotskyite” Corbyn becomes UK PM – Eisman is famous for betting against the US housing market ahead of the 2008 subprime-mortgage crisis

by Business Insider UK

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100 Percent Renewables—Poor Policy for Ratepayers

By Steve Goreham – Re-Blogged From Master Resource

Two states and more than 80 cities and counties have now announced a goal of receiving 100 percent of their electricity from renewable sources. Wind, solar, and biofuels are proposed to replace electricity from coal, natural gas, and nuclear power plants. But evidence is mounting that 100 percent renewables is poor policy for US households and businesses.

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US CO2 Emissions Fall Under Trump, While the World Increases #MAGA

Mike Bastasch at the Daily Caller – Re-Blogged From WUWT

Greenhouse gas emissions continued to plummet during President Donald Trump’s first year in office, according to new Environmental Protection Agency (EPA) data.

  • U.S. greenhouse gas emissions fell 2.7 percent from 2016 levels, according to the EPA.
  • Emissions on a per-capita basis hit a 67-year low last year, federal data shows, and supporters are touting EPA’s data as proof Trump’s agenda is working.
  • EPA’s new data comes on news that, globally, greenhouse gas emissions are set to rise to historic highs by the end of the year, despite nearly 200 countries signing the Paris climate accord.

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