ZH

FAST FIVE: US Trade Deficit With China Hits Record

Broken down, August exports were $209.4 billion, $1.7 billion less than July exports, while July imports were $262.7 billion, $1.6 billion more than July. Imports increased $160.6 billion or 8.4 percent. Some notable highlights from the report: August exports of services ($70.5 billion) were the highest on record. August imports Read more…

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ZH

FAST FIVE: Is The Threat Of High Oil Prices Overstated?

Authored by Robert Rapier via OilPrice.com, As US sanctions on Iran have forced some countries to stop importing oil from Iran, crude oil prices have inevitably risen. The US started down this path earlier this year when President Trump announced the withdrawal from the Obama-era Iran nuclear agreement. Under pressure from the US, Read more…

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