Economics

More than $125 million of taxpayer money is earmarked to be used as no-strings-attached “guaranteed income” for low-income families across the U.S., a Daily Mail analysis revealed Sunday.

Argentine President-elect Javier Milei held a surprise lunch meeting with former U.S. President Bill Clinton on Monday during his brief visit to New York.

The Chinese Foreign Ministry applauded convicted felon Luiz Inácio Lula da Silva on Tuesday for becoming president of Brazil again and expressed hope that Beijing’s influence in South America’s largest economy would grow tremendously during his third term in power.

Swedish Finance Minister Elisabeth Svantesson has warned that Sweden may be facing a recession this winter that may last years.

Wang Haidong, director of the Department of Aging and Health at China’s National Health Commission, on Tuesday announced demographic studies that showed China will become a “severely aging society” by 2035, with 30 percent of its vast population over 60 years old.

David Bahnsen, chief investment officer at The Bahnsen Group, spoke with Breitbart News about how the Marxist economic worldview that is prevalent across American financial institutions today “deteriorates freedom.”

Grade requirements are responsible for “disproportionately” pushing “students of color” out of STEM disciplines as well as finance and economics fields, according to a recent Salon piece that warned such policies contribute to “persistent racial wage gaps” long after graduation.

Matthew Peterson, the general partner of New Founding and the president of American Firebrand PAC, joined Breitbart News Sunday on Sirius XM with host Matthew Boyle to discuss how to fight back against woke corporations.

Washington Post columnist Michelle Singletary said Wednesday on MSNBC’s “Chris Jansing Reports” that many Americans were “not suffering” as much as they think from inflation.

Shanghai’s formerly robust economy slowed significantly in the first quarter of 2022, lagging almost two percent behind China’s overall growth and five percent behind its performance in 2021, thanks to severe coronavirus lockdowns imposed on the city.

China’s state-run propaganda newspaper Global Times on Wednesday blamed American sanctions on Russia due to the war in Ukraine for Sri Lanka’s increasingly dire economic disaster – a disaster greatly exacerbated by the country taking out predatory loans from China.

A loaf of bread is set to cost 20 per cent more in Britain as a result of the Russian invasion of Ukraine causing a global wheat shortage.

Inflation numbers in the Eurozone hit a record high of five per cent in a single month in December, topping the previous record set the month before as high energy prices are believed to be driving the trend.

‘You are getting poorer,” Steve Cortes said of inflation and supply chain breakdowns yielding a “Biden Blue Christmas” for Americans.

The World Bank has canceled its annual Doing Business report after an independent investigation found the bank “pressured” economists into modifying data in 2018 to boost China’s ranking, the Wall Street Journal reported Thursday.

Desmond Lachman, an economist and senior fellow with the American Enterprise Institute (AEI), told Breitbart News on Sunday that the U.S. is beginning to resemble a Latin American country given its inflation, government spending, and printing of money.

China celebrated its vast and growing economic power during the 100th birthday celebration for the Chinese Communist Party (CCP) on Thursday, with dictator Xi Jinping humblebragging that his party has achieved its first centenary goal of “building a moderately prosperous society in all respects.”

Pope Francis said Monday that poverty is not a natural condition of human beings but always a consequence of the selfishness of others.

The Bovespa Index, the Sao Paulo stock exchange, hit a record high for the third consecutive day on Tuesday on the news that Brazil’s GDP had increased by 1.2 percent in the first quarter of 2021 — a particularly stunning achievement given the severity of the Chinese coronavirus outbreak in the country.

The Rich States, Poor States report reveals states with low taxes, fewer regulations and worker freedom are the most prosperous.

Joe Biden’s “climate change” policies will end energy independence and lock away trillions worth of natural resources, said Stephen Moore.

Rep. Jason Smith told Breitbart News Friday that House Democrats, in private discussions with him, have said school shutdowns should end.

A top North Korean official used his platform at an ongoing plenary meeting on Thursday to condemn senior communist officials “seized with extreme passivism and self-protectionism” for pursuing less aggressive economic goals than those dictator Kim Jong-un proposed.

Russia’s population dropped by over half a million people between January 2020 and January 2021, the country’s Federal State Statistics Service (Rosstat) revealed on Thursday. The drop is the largest on record since 2005.

China’s state-run Global Times applauded Joe Biden on Tuesday for choosing Brian Deese, a BlackRock executive, to lead his National Economic Council because his work let him witness “the sweetness of doing business with China.”

Violence, looting, and disorder erupted in Chile on Sunday evening after an overwhelming majority of people voted in favor of destroying the country’s constitution, replacing it with a new document more favorable to the nation’s left wing.

Rep. Alexandria Ocasio-Cortez (D-NY) wrote on Twitter that Kevin Hasset’s use of the term “human capital stock” is derogatory and suggested that it is racist.

Dubai — Debt levels, unemployment and budget deficits will spike as the Middle East endures a coronavirus-led recession, piling pain on economies already hit by conflicts and an oil price slump, the IMF said Wednesday.

A mystery illness has killed more than 2,000 nomads in Ethiopia’s Somali region since 2014, according to a report by Voice of America (VOA).

The GOP faces a political “extinction event” if they block economic relief to those financially hit by the coronavirus, warned Alan Tonelson.

Conservatives must not shun the last institution — elective government — within which they have some power, said Michael Lind.

U.S. Treasury Secretary Steven Mnuchin took time Thursday to advise Swedish climate worrier Greta Thunberg to attend college and study economics before telling others how to manage the planet’s resources.

Ukrainian Prime Minister Oleksiy Honcharuk tendered his resignation on Friday after he was secretly recorded saying that President Volodymyr Zelensky does not understand economics.

China would not abide by the terms of any trade deal with the U.S. regardless of what is in the final Chinese language translation of the agreement, warned economist Alan Tonelson.

Author Gordon Chang said the “Phase One” trade deal with China “does not look like the best deal that President Trump could have obtained from the Chinese” because the United States is giving away more than it gets in return from China. 

On Thursday’s broadcast of Fox News Channel’s “American Newsroom,” Job Creators Network president Alfredo Ortiz weighed in on U.S. holiday sales records.