TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
Once upon a time, the U.S. dollar was backed by the gold standard in a framework that established what was known as the Bretton-Woods agreement, made in 1944. The dollar was fixed to gold at a price of $35 an ounce, though the dollar could earn interest, marking one notable difference from gold. The system ended up Read More…
Following the Trump administration’s move to target Iran with fresh sanctions while ending sanctions relief, China has come to Iran’s aid with an extraordinary gesture. According to the Times of Israel, the president of Iran’s central bank announced that a Chinese state-owned investment firm has provided a $10 billion credit line for Iranian banks. The contract for Read More…
All day Saturday, South Korea braced for a possible new missile test by North Korea as the provocative northern neighbor marked its founding anniversary, just days after its sixth and largest nuclear test rattled global financial markets and further escalated tensions in the region. Throughout the week, South Korean officials warned the North could launch Read More…
The U.S. and South Korean militaries will go forward with their annual massive sea, land and air drills, despite tension with North Korea who has recently threatened to shoot four Hwasong-12 intermediate-range ballistic missiles toward the U.S. owned island of Guam. The annual joint exercises started in the 1970s, called Ulchi-Freedom Guardian, have long been planned for the Read More…
In a troubling repudiation of President Donald Trump’s demands that Beijing do more to rein in its bellicose neighbor, Beijing, through the state-owned media, cautioned the US president on Friday that it would intervene (militarily) on North Korea’s behalf if the US and South Korea launch a preemptive strike to “overthrow the North Korean regime,” Read More…
A new UN report has found that two billion people around the world do not have access to clean drinking water. However, the report covers just a small part of the global population and fails to address the impact that war and corporate profiteering have had on drinking water access. NEW YORK — According to a Read More…