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Escalating U.S.-China trade war causing anxiety in America’s heartland


Blake Nicholson, BISMARCK, N.D.
The Associated Press, Published May 14, 2019, Updated May 15, 2019

When U.S. President Donald Trump began talking about tariffs in 2017, Upper Midwest soybean farmer Jamie Beyer suspected that her crop could become a weapon. Two years later, she and her family are watching the commodity markets on an hourly basis as an escalating trade war between the U.S. and China creates turmoil in rural America.

“It’s hard to concentrate on planting when you’re constantly checking your phone to see if another (Trump) tweet has prompted a dip in the market,” said Beyer, of Wheaton, Minnesota. Beyer’s family farms about 3,500 acres in Minnesota and South Dakota and she figures it has lost about $230,000 because of the trade war.

These are days of “a little bit of panic” among farmers, she said, and the anxiety is spreading to the agricultural lending industry. One economist said the farm sector might face its great... show more


 

I charged $18,000 for a Static HTML Page


https://idiallo.com/blog/18000-dollars-static-web-page
How to earn $21k in 7 weeks #economy


 
Thanks Donnie!

#Trump #economy


 

AT&T promised 7,000 new jobs to get tax break—it cut 23,000 jobs instead | Ars Technica

AT&T has cut more than 23,000 jobs since receiving a big tax cut at the end of 2017, despite lobbying heavily for the tax cut by claiming that it would create thousands of jobs.

AT&T in November 2017 pushed for the corporate tax cut by promising to invest an additional $1 billion in 2018, with CEO Randall Stephenson saying that "every billion dollars AT&T invests is 7,000 hard-hat jobs. These are not entry-level jobs. These are 7,000 jobs of people putting fiber in ground, hard-hat jobs that make $70,000 to $80,000 per year."
https://arstechnica.com/tech-policy/2019/05/att-promised-7000-new-jobs-to-get-tax-break-it-cut-23000-jobs-instead/
broken #economy


 
Tariffs and Cost of Living Adjustments

#Trump #economy #SocialSecurity


 
Why Outlawing #Cryptocurrency Purchases is a Terrible Idea https://www.eff.org/deeplinks/2019/05/why-outlawing-cryptocurrency-purchases-terrible-idea giving #monopoly to crooks who keep crashing the #economy


 
Uber stock price slides again. Good.

This is an unethical company that has never earned a profit, who exploits contingent workers and spies on its competitors and mobile app users. As such, they do not deserve prosperity. They have not earned it.

https://www.theguardian.com/technology/2019/may/13/uber-ipo-flops-as-shares-slide-again

#deleteuber #uber #labour #humanrighs #business #economy


 

On the trade war between the US and China

“I expect that China will retaliate and they will do it in as commensurate a way as they can, and that will include not just imports,” said Susan Shirk, former deputy assistant secretary of state during the Clinton administration. “I think our farmers and our farm exports to China will be targeted because that’s what President Drumpf cares about politically,”

He said China’s shrinking current account balance, and the tariffs re-escalation “will create an opening for the (People’s Bank of China) to accept further market-driven depreciation ” of the yuan in the second half of this year.

#US #USA #News #Politics #... show more


 

Senate Testimony on Privacy Rights and Data Collection in a Digital Economy


HN Discussion: https://news.ycombinator.com/item?id=19893518
Posted by aaronbrethorst (karma: 51152)
Post stats: Points: 138 - Comments: 24 - 2019-05-12T18:19:56Z

#HackerNews #and #collection #data #digital #economy #privacy #rights #senate #testimony
HackerNewsBot debug: Calculated post rank: 100 - Loop: 39 - Rank min: 100 - Author rank: 81


 

187 countries sign plastic waste agreement - but the U.S. was not among them,


#environment #pollution #plastic #
... show more


 

187 countries sign plastic waste agreement - but the U.S. was not among them,


#environment #pollution #plastic #economy #politics #trump
Nearly every country in the world agreed to a treaty aimed at limiting plastic waste pollution, but the U.S. was not among them, as it has not ratified a treaty to which the provision was added.

The governments of 187 countries agreed to add plastic to the United Nations-supported Basel Convention, which regulates the transfer of certain materials between borders, CNN reported Saturday.

The U.S. did not participate in the talks regarding plastic because it is one of just two countries that has not ratified the treaty, according to the TV network. Even though the U.S. did not ratify the treaty its trades with countries that have approved the deal will be affected.


 

Tata Steel and Thyssen Krupp not going to merge, Thyssen has announced

Thyssenkrupp unveiled plans last September to create two divisions: Thyssenkrupp Industrials, spanning its elevators, car parts and plant engineering businesses, and Thyssenkrupp Materials, which included materials trading and shipbuilding.

Thyssenkrupp shares have fallen by 47 percent over the past 12 months, valuing the business at $7.8 billion. That makes it the smallest constituent of Germany's 30-share DAX index, even after a 7 percent bounce on Friday's news.
This story is a little bit behind the latest progress, since only German newspapers seem to have gained this information of the deal's failure.
#Thyssenkrupp #India #Germany #Deutschland #News #Politics #TataSteel #Economy #Economics #Market


 
#USA #capitalism #economy #poverty


 
Image/Photo
#politics #Hungary #Economy #GDP
Did you know that Hungary ranks among EU’s leaders on these fiscal and growth numbers?
https://tinyurl.com/y27uqfzf


 
China and the Trade War

#economy #tariffs #China


 
Joe Bongiovanni - why monetary reform should be our number one priority

https://youtu.be/vEU13R5jt1w

uploaded: 2013

channel: https://www.youtube.com/user/joebhed/feed

… and why it creates inequality.

Joe Bongiovanni explains how money is created as debt by private banks and how that system heavily favors principles and values that are in direct opposition to those who seek a more just and sustainable world.

We are all playing by monetary rules that were written by our opponents. It’s a game we are bound to lose unless we change the rules.

For more information on HR 2990 visit:... show more


 

Bolsonaro's government lost fight against SC and opposition to remove protection from rain forest

Taken together, this means that Bolsonaro’s signature action to start the rollback of indigenous territories and declare open season on Amazon deforestation – which needs both congressional and judicial approval to fly – looks to be crashing on takeoff. It’s also a glimme
... show more


 
At the end of 8-years of #energy driven #economic #growth, with high #anti-China #tariffs growing the #domestic #industrial #economy, the #political ground will have moved out from under the #globalist #
... show more


 

Bolsonaro's government lost fight against SC and opposition to remove protection from rain forest

Taken together, this means that Bolsonaro’s signature action to start the rollback of indigenous territories and declare open season on Amazon deforestation – which needs both congressional and judicial approval to fly – looks to be crashing on takeoff. It’s also a glimmer of hope for indigenous and environmental protections in a country now led by a president openly hostile to Brazil’s indigenous peoples and Amazon rainforest – repositories of its vast social and biological diversity, and key to stabilizing the global climate.

On its first day in office, the Bolsonaro administration decided in executive action MP 870 to remove the authority to legally recognize and physically demarcate indigenous lands from the National Indian Foundation (FUNAI) and give it to the Ministry of Agriculture, Ranching and Supply (MAPA). MAPA is controlled by politicians affiliated with the anti-indigenous agriculture caucus of the c
... show more


 

Trump experiences highest poll rating during his entire presidency

"In addition to the initial interpretation of the Mueller report, which Drumpf claimed vindicated him from charges that he had colluded with Russia, the economy has offered several reasons for Americans to look more favorably on Drumpf. These include a strong jobs report on April 5, news that U.S. gross domestic product increased by 3.2 percent in the first quarter and U.S. stocks reaching new highs."
While reading this, remember that we are still talking of about 46 percent in a reliable poll, compared to pollsters like Rasmussen. 46 percent - this is hardly half of the American people, although we shouldn't interpret polls too much, they are not as representative as they would like to be. They only offer us a spy through the looking-glass.
Gallup noted, however, that its survey was conducted before controversy arose over Attorney General William Barr's characterization of special counsel Robert Mueller's report. It is unclear whether Barr's actions will negativ
... show more


 

#Microsoft will be shipping a #Linux #kernel with #Windows


source: https://devblogs.microsoft.com/commandline/announcing-wsl-2/
Yes, you did just read that heading correctly! We will be shipping a real Linux kernel with Windows that will make full system call #compatibility possible. This isn’t the first time Microsoft has shipped a Linux kernel, as we have already shipped one in 2018 when we announced #Azure Sphere . However, this will be the first time a Linux kernel is shipped with Windows, which is a true testament to how much Microsoft loves Linux!
#software #os #win10 #economy #OpenSource #news
Announcing WSL 2


 
capitalism is like windows 95 - is there a future in capitalism? - with it's massive instability?

Marx already realized it – modern days capitalism is a highly unstable system.

bad if your life depends on the inflow of money – you are basically trusting your life to windows 95 – it could crash any moment – nobody knows when – but everybody knows it will…


…just praying will not do the job.

... show more


 
Wow. There is so much confusion on the carbon tax in #Canada.

Poll shows around 80% of Canadians believed they were paying more for fuel and products due to the carbon tax, in a survey taken two weeks before the tax was implemented. 🙃

https://abacusdata.ca/will-climate-change-be-a-ballot-box-question-in-2019/

#cdnpoli #environment #economy


 
the migration catastrophe - clash of cultures

It’s old news but since 2015 and drowning refugees and raped and even murdered women – it is more present than ever before.

Image/Photocapitalism wants cheap workers – no matter where they are from – so they recruit whoever is willing to enslave him/her more than others.

To capitalism – it is not even important if a migrant integrates well into society or if they learn the language – all that matters if they can clean the floor at the lowest possible price.

Australia: Soon a Chinese colony?


In Australia – the first language... show more


 
from the new cold war 2.0 front - Russia vs USA high tech arms trade - Russia pitches Su-57 should US not deliver F-35

new cold war 2.0 – but this time it has nothing to do with communism – but with two nations with high-tech weapons wanting to extend their sphere of influence and trade as many weapons as they can.


src: defensenews.com


i only know the Sukhoi Su-57 from video games... show more


 
Joseph E. Stiglitz - The Economy We Need

Image/Photo

May 3, 2019 Joseph E. Stiglitz

“After 40 years of market fundamentalism, America and like-minded European countries are failing the vast majority of their citizens. At this point, only a new social contract – guaranteeing citizens health care, education, retirement security, affordable housing, and decent work for decent pay – can save capitalism and liberal democracy.

NEW YORK – Three years ago, US President Donald Trump’s election and the United Kingdom’s Brexit referendum confirmed what those of us who have long studied... show more


 

Thanks to Trump's tariff threat, Dow Jones slumps approx. 450 points

Dow Jones Industrial Average futures implied an opening decline of about 450 points as of Monday morning stateside. S&P 500 and Nasdaq-100 Index futures also pointed to declines for the two indexes at Monday’s open.
Hooray! Thanks, President Trump. This is exactly what the economy needed: A bloodletting decline.
Two sources briefed on talks confirmed that news to CNBC. The Chinese may back out of negotiations this week after Drumpf’s escalated tariff threat, they said, abandoning a six-month truce after Beijing waffled on some previously discussed commitments.
Works out for him, doesn't it?
The president’s announcement also appeared to contradict fresh suggestions from Treasury Secretary Steven Mnuchin and White House chief of staff Mick Mulvaney. Asked Tuesday about Mnuchin’s prior suggestion that the White House could announce an agreement with Beijing in the next two weeks, Mulvaney said, “I t
... show more


 

The Access Economy: Why the Normal Distribution Is Vanishing


HN Discussion: https://news.ycombinator.com/item?id=19833737
Posted by ranvir (karma: 633)
Post stats: Points: 123 - Comments: 86 - 2019-05-05T17:07:24Z

#HackerNews #access #distribution #economy #normal #the #vanishing #why
HackerNewsBot debug: Calculated post rank: 110 - Loop: 147 - Rank min: 100 - Author rank: 103


 
demagoguery = populism

Demagogue = Populist


Image/Photo




... show more


 

US department of inferior to decrease regulations on offshore drilling

The changes reduce the amount of live data that operators are required to provide onshore monitors and the amount of safety test reporting that they must provide to the Interior Ministry, the U.S. government department responsible for the management of public lands and natural resources.

“The Drumpf administration, in other words, wants to hand over responsibility for industry safety to the very entity the commission warned against entrusting with that responsibility,” said Bob Deans, a spokesman for the advocacy group the Natural Resources Defense Council, according to the Times.

#Environment #Environmentalism #DepartmentOfInferior #Economy #Economics #Capitalism #Corporatism #CorporatismKills #CapitalismKills #Trump #DonaldTrump #US #USA


 
Low unemployment is misleading and the press is culpable by touting these numbers and not explaining to the public at large how the economy works.

Sure, low unemployment is nice. More jobs were gained last month, but what kinds of jobs? Minimum wage?
Is minimum wage enough? Not in this economy, and the push to $15/hr is not favored by the Trumpists.

Can a minimum wage earner afford rent or a mortgage? How about school?
How about medical insurance?

They talk about how good the economy is. Sure, for Corporations and Stockholders. How many wage earners have stocks/bonds, and 401k plans?

Is GDP growing apace with population growth?
Are exports increasing?
Why are they not talking about the budget deficit?
Who is going to pay for it?

Some economy.

#politics #progressives #trumpresign #gop #resist #impeach #economy #budget #unemployment
A Peek Behind the Numbers Shows Trump’s Economy Inflicts Pain on Most Americans


 
Low unemployment is misleading and the press is culpable by touting these numbers and not explaining to the public at large how the economy works.

Sure, low unemployment is nice. More jobs were gained last month, but what kinds of jobs? Minimum wage?
Is minimum wage enough? Not in this economy, and the push to $15/hr is not favored by the Trumpists.

Can a minimum wage earner afford rent or a mortgage? How about school?
How about medical insurance?

They talk about how good the economy is. Sure, for Corporations and Stockholders. How many wage earners have stocks/bonds, and 401k plans?

Is GDP growing apace with population growth?
Are exports increasing?
Why are they not talking about the budget deficit?
Who is going to pay for it?

Some economy.

#politics #progressives #trumpresign #gop #resist #impeach #economy #budget #unemployment
A Peek Behind the Numbers Shows Trump’s Economy Inflicts Pain on Most Americans


 

Nothing says “greatest country in the world” like “lunch debt preventing high school seniors from graduating.”


https://t.co/zxhi4Fr5QF

#politics #education #economy #wtf

Twitter: philip lewis on Twitter (philip lewis)


 

Is the USA trying to provoke World War III !?


#war #peace #oil #sanctions #Iran #shipping #politics #global #trade #economy
First the Trump administration unilaterally smashed a multinational, UN-endorsed agreement, the JCPOA, or Iran nuclear deal. Now the waivers that magnanimously allowed eight nations to import oil from Iran without incurring imperial wrath in the form of sanctions will expire on May 2 and won’t be renewed.
PEPE ESCOBAR: War on Iran & Calling America’s Bluff


 

Trump: We're losing our ass defending Saudi Arabia


If you. want to understand how stupid and disgusting trump is, you should watch this short video of him.

The best analysis I got was on Reddit;:
I love watching Trump ignore his own circular logic and cover up his own behavior in real time.

In a single breath he mentions that the Saudis buy hella weapons from us, are rich, and receive subsidies from Ame
... show more


 

Remote Code Execution on most #Dell computers


source: https://d4stiny.github.io/Remote-Code-Execution-on-most-Dell-computers/
I’ll be looking at a Remote Code Execution vulnerability I found in Dell #SupportAssist, #software meant to “proactively check the health of your system’s hardware and software” and which is “preinstalled on most of all new Dell devices”.
#news #fail #economy #... show more