Economics - Page 2

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

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.

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.

Iran President Hassan Rouhani slammed Washington’s global clout on Thursday, claiming its manifest financial success and strong dollar combined to oppress helpless Muslim nations.

Producing items in Venezuela is three times more expensive than manufacturing them, according to a report this week from the Venezuelan Confederation of Industrialists (Confindustria). 

President Donald Trump asked Pentagon officials why America bears the burden of militarily defending Europe, said White House biographer Doug Wead, author of Inside Trump’s White House: The Real Story of His Presidency, in a Wednesday interview on SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak.

The New York Times is hiding the huge impact of immigration on Americans’ wages to help portray President Donald Trump’s policies as “anti-immigrant.”

Trump campaign spokesperson Kayleigh McEnany told Breitbart’s Washington editor Matt Boyle on Sirius XM’s Breitbart News Saturday that the president’s re-election team will hold down the key battleground states of Michigan, Wisconsin, and Pennsylvania in 2020 by clearly articulating the Trump administration’s accomplishments in creating a thriving economy.

Arthur Laffer, economist and author of Trumponomics: Inside the America First Plan to Revive Our Economy, told Breitbart News that “the poor, the minorities, the disenfranchised are disproportionately benefiting from tight labor markets” during President Donald Trump’s tenure.

Arthur Laffer praised Donald Trump’s economic policies while warning of Bernie Sanders’ socialistic prescriptions for centralization.

California Governor Gavin Newsom praised President Donald Trump at an investor summit at Stanford University on Monday, saying the administration’s “Opportunity Zones” program could boost investment in low-income areas.

Washington Examiner commentary editor Timothy Carney, author of Alienated America: Why Some Places Thrive While Others Collapse, described the “destruction of a way of life” among “working class” people in rural and industrial regions wrought by the status quo of globalization in a Monday interview on SiriusXM’s Breitbart News Tonight with hosts Rebecca Mansour and Joel Pollak.

Secretary of State Mike Pompeo told attendees at the World Economic Forum in Davos, Switzerland, on Tuesday that the defeat of entrenched political interests in top offices around the world – from America to Italy to Brazil – was a “positive development” for the world and a return to the worldview that “nations matter.”

Apple shares dropped 7 percent after CEO Tim Cook lowered the company’s projected revenues for the first quarter of its 2019 fiscal year, blaming China’s slowing economy for the shortfall.

Inflation in the crisis-stricken country of Venezuela is on track to hit 1.4 million percent by the end of 2018, according to the latest report from the International Monetary Fund. 

Free trade economists’ claims for months that the United States would be crippled by President Trump’s tariffs on $250 billion worth of Chinese products have been debunked by new research that shows it is China paying for the tariffs, not the U.S. 

President Donald Trump’s deputies have announced they will soon cancel the work permits which were awarded to 100,000 foreign visitors under a controversial outsourcing program created by President Barack Obama.

Democratic leaders are urging their party’s 2018 candidates to ignore migration issues even as the fast-growing caravan of migrants walks northwards through Mexico.

Shops in Zimbabwe have bare shelves as people, fearing a new round of hyperinflation like the one in the 2000s decade, are panic buying beer, bread, cooking oil, and other essentials.

President Donald Trump confirmed Wednesday that he refused a meeting with Canadian Prime Minister Justin Trudeau at the United Nations General Assembly over Canada’s refusal to negotiate their high tariffs on dairy products.

The European Central Bank (ECB) is out with a study claiming the United States would have the most to lose if it started a trade war with the rest of the world.

Pope Francis threw his weight behind a Vatican conference seeking to connect populism with xenophobia and racism Thursday as part of an ongoing pro-immigration campaign.

Japanese Prime Minister Shinzo Abe put doubts about his political future to rest on Thursday by winning an overwhelming victory over challenger Shigeru Ishiba for the leadership of the ruling Liberal Democratic Party, consolidating control of the party and all but ensuring another three-year term as leader of his country.

A husband and wife who own two convenience stores in Jacksonville, Florida, were accused of committing food stamp fraud, the Justice Department announced Monday.

China agreed to provide Venezuela with a $5 billion credit line in return for future oil payments ahead of socialist dictator Nicolás Maduro’s visit to Beijing, the country’s finance minister announced on Wednesday. 

Iranian lawmakers are urging the country’s regime to consider rationing food and using food coupons as the pressure of U.S. sanctions begin to take their toll, Radio Farda reported this week.

Authorities in Venezuela arrested 131 people on charges of “economic sabotage,” Nicolás Maduro’s socialist regime announced on Thursday.

Venezuela is set to face further economic turmoil after socialist dictator Nicolás Maduro announced economic reforms that include lopping five zeroes off the value of the Bolivar currency and increasing the country’s minimum wage by 3,500 percent this weekend.

ANKARA, Turkey — The Turkish lira continued to rebound from record losses on Thursday a day after Qatar pledged $15 billion in investments to help Turkey’s economy.

Contents: Iran’s anti-government protests expand as rial currency plummets; The Grand Bazaar and the prospects for regime change

TEHRAN, Iran — Iran’s currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions.

U.S. GDP rocketed up to 4.1 percent in Q2, a rise far outpacing the Q1 2.2 percent. The rise is the fastest since 2014, according to reports.

A West Texas shale oil town was named the nation’s “hottest” housing market, according to Realtor.com.