oh no, Chewbacca is not going to be in any more of the star wars movies? darn.
Chat
Moderator: Global Moderator
Re: Chat...Where's the beef?
Beyond Meat stock drops after lead underwriter downgrades it
-
- Hero Member
- Posts: 2776
- Joined: Fri Dec 29, 2017 12:20 pm
- Location: Germany
Re: Currency
China’s central bank said on Tuesday that Washington’s currency move would “severely damage international financial order and cause chaos in financial markets,” while preventing a global economic recovery.
China “has not used and will not use the exchange rate as a tool to deal with trade disputes,” the People’s Bank of China (PBOC) said in the country’s first official response to the latest U.S. salvo.
“China advised the United States to rein in its horse before the precipice, and be aware of its errors, and turn back from the wrong path,” it said.
China “has not used and will not use the exchange rate as a tool to deal with trade disputes,” the People’s Bank of China (PBOC) said in the country’s first official response to the latest U.S. salvo.
“China advised the United States to rein in its horse before the precipice, and be aware of its errors, and turn back from the wrong path,” it said.
Re: Chat
Perhaps China is trying to create 'doubt' ?
Their wealth is bound to be affected. Less purchasing from China? Lower profit margins?
Many in China have done very well but many have not and work in factories a low wages.
Trump says China is ‘killing us with unfair trade deals’
ANDREA SHALAL AND NANDITA BOSE
WASHINGTON
REUTERS
PUBLISHED 3 HOURS AGO
UPDATED AUGUST 7, 2019
FOR SUBSCRIBERS
KEVIN LAMARQUE/REUTERS
U.S. President Donald Trump on Wednesday said his tough stance on China’s behaviour in global markets would ultimately benefit the American economy, even as Beijing signalled it could strike back by curbing sales of critical chemicals known as rare earths.
The U.S.-China trade war escalated sharply in recent days after Washington on Monday branded Beijing a currency manipulator for the first time since 1994, and said it would impose 10 per cent tariffs on the remaining $300-billion in Chinese imports, starting on Sept. 1.
The moves have jolted financial markets and fuelled concerns about a global recession.
U.S. Treasury yields slumped on Wednesday, with 30-year yields nearing record lows, on growing fears of a global downturn and bets the Federal Reserve would have to cut interest rates further to counter growing recession risks.
Trump told reporters at the White House that the market reaction had been anticipated, but he remained confident in the strength of the U.S. economy.
“Ultimately, it’s going to go much higher than it ever would have gone, because China was like an anchor on us. China was killing us with unfair trade deals,” he said.
White House officials say they still expect Chinese negotiators to come to Washington in September for talks, and that the latest tariffs could still be averted if the world’s two largest economies make progress on a trade agreement.
But hopes for a deal are dimming. Goldman Sachs on Tuesday said it no longer expects the United States and China to reach agreement before the November 2020 presidential election given the “harder line” being pursued by both sides.
BEIJING’S NEXT MOVE?
Financial markets have calmed somewhat amid signs that China would not allow the yuan to weaken much further after letting it slip below 7 per dollar for the first time in over a decade.
But China still has some levers left to pull.
The Chinese rare earths association on Wednesday said it would support countermeasures in the escalating trade dispute with the United States and accused Washington of using “trade bullying behaviour” to suppress China’s development.
The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping during his visit to a rare earth plant in Jiangxi in May.
Xi’s visit stoked fears China would use its dominance over production of rare earths, a group of 17 chemical elements prized for their use in consumer electronics and military equipment, in the escalating trade war, although no restrictions on supplies have so far been announced.
HUAWEI RULES EXPECTED
Tensions could spike further on Wednesday when the White House Office of Management and Budget is due to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei Technologies, a senior administration official said.
The ban was part of a defence law passed last year and is part of a broad U.S. push against Huawei, the world’s largest telecommunications network gear maker. Washington has accused the company of espionage and stealing intellectual property.
Huawei has repeatedly denied it is controlled by the Chinese government, military or intelligence services. It has sued the U.S. government over the restrictions in the defence law.
Trump had assured Xi that some of the restrictions would be relaxed, but U.S. companies have complained that they have received few answers about the situation so far.
The U.S. government has urged its allies not to use Huawei equipment, which it says China could exploit for spying. The response from allies has been mixed.
Their wealth is bound to be affected. Less purchasing from China? Lower profit margins?
Many in China have done very well but many have not and work in factories a low wages.
Trump says China is ‘killing us with unfair trade deals’
ANDREA SHALAL AND NANDITA BOSE
WASHINGTON
REUTERS
PUBLISHED 3 HOURS AGO
UPDATED AUGUST 7, 2019
FOR SUBSCRIBERS
KEVIN LAMARQUE/REUTERS
U.S. President Donald Trump on Wednesday said his tough stance on China’s behaviour in global markets would ultimately benefit the American economy, even as Beijing signalled it could strike back by curbing sales of critical chemicals known as rare earths.
The U.S.-China trade war escalated sharply in recent days after Washington on Monday branded Beijing a currency manipulator for the first time since 1994, and said it would impose 10 per cent tariffs on the remaining $300-billion in Chinese imports, starting on Sept. 1.
The moves have jolted financial markets and fuelled concerns about a global recession.
U.S. Treasury yields slumped on Wednesday, with 30-year yields nearing record lows, on growing fears of a global downturn and bets the Federal Reserve would have to cut interest rates further to counter growing recession risks.
Trump told reporters at the White House that the market reaction had been anticipated, but he remained confident in the strength of the U.S. economy.
“Ultimately, it’s going to go much higher than it ever would have gone, because China was like an anchor on us. China was killing us with unfair trade deals,” he said.
White House officials say they still expect Chinese negotiators to come to Washington in September for talks, and that the latest tariffs could still be averted if the world’s two largest economies make progress on a trade agreement.
But hopes for a deal are dimming. Goldman Sachs on Tuesday said it no longer expects the United States and China to reach agreement before the November 2020 presidential election given the “harder line” being pursued by both sides.
BEIJING’S NEXT MOVE?
Financial markets have calmed somewhat amid signs that China would not allow the yuan to weaken much further after letting it slip below 7 per dollar for the first time in over a decade.
But China still has some levers left to pull.
The Chinese rare earths association on Wednesday said it would support countermeasures in the escalating trade dispute with the United States and accused Washington of using “trade bullying behaviour” to suppress China’s development.
The Association of China Rare Earth Industry issued a statement after a special working meeting on Monday to discuss the “guidance” given by Chinese President Xi Jinping during his visit to a rare earth plant in Jiangxi in May.
Xi’s visit stoked fears China would use its dominance over production of rare earths, a group of 17 chemical elements prized for their use in consumer electronics and military equipment, in the escalating trade war, although no restrictions on supplies have so far been announced.
HUAWEI RULES EXPECTED
Tensions could spike further on Wednesday when the White House Office of Management and Budget is due to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei Technologies, a senior administration official said.
The ban was part of a defence law passed last year and is part of a broad U.S. push against Huawei, the world’s largest telecommunications network gear maker. Washington has accused the company of espionage and stealing intellectual property.
Huawei has repeatedly denied it is controlled by the Chinese government, military or intelligence services. It has sued the U.S. government over the restrictions in the defence law.
Trump had assured Xi that some of the restrictions would be relaxed, but U.S. companies have complained that they have received few answers about the situation so far.
The U.S. government has urged its allies not to use Huawei equipment, which it says China could exploit for spying. The response from allies has been mixed.
-
- Hero Member
- Posts: 2776
- Joined: Fri Dec 29, 2017 12:20 pm
- Location: Germany
Have a good day - Random Act Of Vandalism That Are Genius
Have a good day everyone
Watch the youtube video. Cool creativ stuff!
Watch the youtube video. Cool creativ stuff!
Code: Select all
https://www.youtube.com/watch?v=9eplIvkA8-I&feature=youtu.be
-
- Hero Member
- Posts: 2776
- Joined: Fri Dec 29, 2017 12:20 pm
- Location: Germany
How much bigger is 1 billion than 1 million
People don't have a strong intuitive sense of how much bigger 1 billion is than 1 million. 1 million seconds is about 11 days. 1 billion seconds is about 31.5 years.
Wow!
Wow!
-
- Hero Member
- Posts: 2776
- Joined: Fri Dec 29, 2017 12:20 pm
- Location: Germany
The most successful words in marriage
Today we are invited to a wedding.
When I was looking for some wedding wishes I found this one:
The most successful words in marriage:
Yes, darling, you are right!
Tell me who doesn't know about that?!
He's happy and I'm rest in peace.
But that doesn't mean I never hear those five magic words
When I was looking for some wedding wishes I found this one:
The most successful words in marriage:
Yes, darling, you are right!
Tell me who doesn't know about that?!
He's happy and I'm rest in peace.
But that doesn't mean I never hear those five magic words
-
- Hero Member
- Posts: 2776
- Joined: Fri Dec 29, 2017 12:20 pm
- Location: Germany
Sometimes ...
Sometimes I just want to sit down and stare at the wall,
it is really relaxing.
Re: Chat-Great Truths …
Great Truths …
1. In my many years I have come to a conclusion that one useless man is a shame,
two is a law firm,
and three or more is a congress.
-- John Adams
2. If you don't read the newspaper
you are uninformed,
if you do read the newspaper
you are misinformed.
-- Mark Twain
3. Suppose you were an idiot.
And suppose you were
a member of Congress.
But then I repeat myself.
-- Mark Twain
4. I contend that for a nation to try
to tax itself into prosperity is like a
man standing in a bucket and
trying to lift himself up by the handle.
-- Winston Churchill
5. A government which robs Peter to pay Paul can always depend on the support of Paul.
-- George Bernard Shaw
6. A liberal is someone who feels a
great debt to his fellow man,
which debt he proposes
to pay off with your money.
-- G. Gordon Liddy
7. Giving money and power to
government is like giving whiskey
and car keys to teenage boys.
-- P.J. O'Rourke , Civil Libertarian
8. Government's view of the
economy could be summed up
in a few short phrases:
If it moves, tax it.
If it keeps moving, regulate it.
And if it stops moving, subsidize it.
-- Ronald Reagan (1986)
9. I don't make jokes.
I just watch the government
and report the facts.
-- Will Rogers
10. If you think health care is
expensive now, wait until you
see what it costs when it's free!
-- P. J. O'Rourke
11. No man's life, liberty, or
property is safe while the
legislature is in session.
-- Mark Twain (1866)
12. Talk is cheap, except when
Congress does it. -- Anonymous
13. The inherent vice of capitalism is
the unequal sharing of the blessings.
The inherent blessing of socialism
is the equal sharing of misery.
-- Winston Churchill
14. The only difference between a
tax man and a taxidermist is that
the taxidermist leaves the skin.
-- Mark Twain
15. There is no distinctly
Native American criminal class,
save Congress.
-- Mark Twain
16. What this country needs are
more unemployed politicians
-- Edward Langley ,
Artist (1928-1995)
17. A government big enough
to give you everything you want,
is strong enough to take
everything you have.
-- Thomas Jefferson
FIVE BEST SENTENCES
1. You cannot legislate
the poor into prosperity,
by legislating the wealthy
out of prosperity.
2. What one person receives without
working for, another person must
work for without receiving.
3. The government cannot give to
anybody anything that the
government does not first take
from somebody else.
4. You cannot multiply wealth
by dividing it.
5. When half of the people get
the idea that they do not have to work,
because the other half
is going to take care of them,
and when the other half gets
the idea that it does no good to work,
because somebody else
is going to get what they work for,
that is the beginning
of the end of any nation!
1. In my many years I have come to a conclusion that one useless man is a shame,
two is a law firm,
and three or more is a congress.
-- John Adams
2. If you don't read the newspaper
you are uninformed,
if you do read the newspaper
you are misinformed.
-- Mark Twain
3. Suppose you were an idiot.
And suppose you were
a member of Congress.
But then I repeat myself.
-- Mark Twain
4. I contend that for a nation to try
to tax itself into prosperity is like a
man standing in a bucket and
trying to lift himself up by the handle.
-- Winston Churchill
5. A government which robs Peter to pay Paul can always depend on the support of Paul.
-- George Bernard Shaw
6. A liberal is someone who feels a
great debt to his fellow man,
which debt he proposes
to pay off with your money.
-- G. Gordon Liddy
7. Giving money and power to
government is like giving whiskey
and car keys to teenage boys.
-- P.J. O'Rourke , Civil Libertarian
8. Government's view of the
economy could be summed up
in a few short phrases:
If it moves, tax it.
If it keeps moving, regulate it.
And if it stops moving, subsidize it.
-- Ronald Reagan (1986)
9. I don't make jokes.
I just watch the government
and report the facts.
-- Will Rogers
10. If you think health care is
expensive now, wait until you
see what it costs when it's free!
-- P. J. O'Rourke
11. No man's life, liberty, or
property is safe while the
legislature is in session.
-- Mark Twain (1866)
12. Talk is cheap, except when
Congress does it. -- Anonymous
13. The inherent vice of capitalism is
the unequal sharing of the blessings.
The inherent blessing of socialism
is the equal sharing of misery.
-- Winston Churchill
14. The only difference between a
tax man and a taxidermist is that
the taxidermist leaves the skin.
-- Mark Twain
15. There is no distinctly
Native American criminal class,
save Congress.
-- Mark Twain
16. What this country needs are
more unemployed politicians
-- Edward Langley ,
Artist (1928-1995)
17. A government big enough
to give you everything you want,
is strong enough to take
everything you have.
-- Thomas Jefferson
FIVE BEST SENTENCES
1. You cannot legislate
the poor into prosperity,
by legislating the wealthy
out of prosperity.
2. What one person receives without
working for, another person must
work for without receiving.
3. The government cannot give to
anybody anything that the
government does not first take
from somebody else.
4. You cannot multiply wealth
by dividing it.
5. When half of the people get
the idea that they do not have to work,
because the other half
is going to take care of them,
and when the other half gets
the idea that it does no good to work,
because somebody else
is going to get what they work for,
that is the beginning
of the end of any nation!