News Roundup! PDJT Dominated The G7, Russia & PDJT Both Understand That Climate Change Is A Joke, China Is Dying, Germany’s Economy Is On Life Support, Economic Train Is Smiling, They Are Scared To Death About RBG…..

Our President absolutely dominated at the G7.

From the article linked above:

“No matter what you read and hear from the media, this G-7 was all about Trump re-aligning the world — reshaping the world economy with America’s interests first and foremost,” said Varney on Fox Nation’s “My Take.”

“Trade was the headline issue … A deal with Japan — they will import a lot more of our agricultural product. Britain gets a major trade deal after Brexit, and there’s dialogue with Germany on car tariffs as well, but the most important — China,” stressed Varney.

Varney believes that it is time for America’s European allies to get on board with the President’s agenda.  “Europeans are frankly scared of America. Their economies are sinking.  They’ve entered the fantasy land of negative interest rates. Their money is pouring over here, and they just don’t know what to do.  My advice — jump on the Trump train and quit whining about Iran and climate change,” advised Varney.

Our President loves our country and doesn’t hesitate to tell everyone.

Our President understands that Climate Change is a complete joke especially when countries like China, Russia, India etc. don’t do anything to combat it.

From the article linked above:

Despite the climate crisis and environmental concerns, the country says it aims for a big dig of the carbon-rich rock. Much of it will be extracted in new Arctic fields.

“I would like to congratulate everyone whose life is connected with coal mining, with this key industry in our country’s economy,” President Vladimir Putin said this week while greeting the governors of Russia’s main coal-extracting regions.

Coal mining has been a key industry in Russia for a long time. And its role will be no less significant in the future, the participants of the meeting said.

Big growth

Over the last 10 years, Russia has boosted its annual coal production by more than 30% to a total of 440 million tons, and the country is now the world’s third-largest producer, Energy Minister Alexander Novak said.

China is in serious trouble! Signs are visible everywhere you look.

From the article linked above:

A quarter of the Chinese production capacity used by global sportswear brands is lying idle, according to an industry executive, as the trade war pushes the biggest labels out of the Asian nation’s factories.

“Factories are under pretty massive pressure,” Ding said. “With Trump’s policy, these international brands are shifting sourcing overseas, which results in unoccupied production capacity,” he said, referring to President Donald Trump’s campaign of levying tariffs on Chinese-made exports to the U.S. in order to force policy concessions from Beijing.

Idle capacity in a country that’s long been the workshop to the world underscores the blow of the trade war to Chinese manufacturers, who are also grappling with an economy that’s expanding at its slowest pace in three decades. There are growing signs that the global supply chain that’s been in place for decades — and powered by China’s economic rise — is being permanently transformed.

The pivot away from China by global firms from Microsoft Corp. to bike maker Giant Manufacturing Co., is ongoing and accelerating as the trade war heats up. 

From the article linked above:

  • The tariffs on Chinese goods are projected to have a “cost impact” on Home Depot’s U.S. sales of about 2%, or $2 billion.
  • The company’s suppliers are moving some manufacturing to other countries, including Taiwan and Vietnam.
  • That reduces the impact of the tariffs to about 1%, executives say.

Home Depot’s suppliers are trying to head off some of the increased costs from rising tariffs by moving at least some of their production out of China, executives told investors Tuesday.

“I’m not aware of a single supplier who was not moving some form of manufacturing outside of China,” said Ted Decker, executive vice president of merchandising. “So we have suppliers moving production to Taiwan, to Vietnam, to Thailand, Indonesia and even back into the United States.”

The German Economy is teetering on totally collapsing.

From the article linked above:

The gloom hanging over the German economy has deepened after a closely watched survey of the country’s business leaders this month found that sentiment had sunk to its lowest level in seven years, the Financial Times reported.

An intensifying trade war between the US and China is weighing particularly heavily on Germany’s export-focused economy, prompting calls for the government in Berlin to ditch its commitment to running a budget surplus to provide a fiscal stimulus.

The Ifo business climate survey of German executives fell from 95.8 to 94.3 in August, worse than consensus forecasts provided by Reuters. This is the fifth straight month of falling sentiment, highlighting how pessimistic executives have become. “There are ever more indications of a recession in Germany,” said Clemens Fuest, president of the Ifo Institute, which published the survey.

Meanwhile, the Economic Train continues to crisscross our country picking up passengers and running over her enemies.

From the article linked above:

The U.S. Census Bureau reported new orders for manufactured durable goods rose $5.0 billion or 2.1% to $250.4 billion in July, beating forecasts. Durable goods orders are now up for two consecutive months after a 1.8% gain in June.

The consensus forecast was looking for a solid gain of 1.2% for the month.

Indicator Prior Consensus Forecast Forecast Range Actual
New Orders – M/M ∆ 2.0% 1.2% -1.6% to 2.5% 2.1%
Ex-transportation – M/M ∆ 1.2% 0.0% -0.9% to 1.0% -0.4%
Core capital goods – M/M ∆ 1.9% 0.0% -0.2% to 0.1% 0.4%

From the article linked above:

The Dallas Federal Reserve Texas Manufacturing Outlook Survey picked up steam in August, with the key production index hitting the highest level in nearly a year.

Indicator Prior Consensus Forecast Forecast Range Actual
Production Index 9.3 N/A N/A 17.9
General Activity Index -6.3 -3.0 -3.0 to -2.0 2.7 

The production index — a key measure of state manufacturing conditions — surged 9 points to 17.9, its highest reading in nearly a year.

They can spin as much as they want! RBG is in terrible shape and the signs are visible.

From the article linked above:

  • The justice’s health has become a matter of public concern because of partisan make-up of the nine-member panel.
  • If Ginsburg retires while a Republican controls the presidency, conservatives are likely to be able to wield more influence over the direction of the country for years to come.

The fact that the tumor was localized makes it more likely that Ginsburg had pancreatic cancer, according to Raja Flores, a leading cancer surgeon and the chairman for the department of thoracic surgery at the Mount Sinai Medical Center in New York.

There are two main types of pancreatic cancer: Adenocarcinoma and neuroendocrine carcinoma. According to the Pancreatic Cancer Action Network, about 90% of pancreatic cancers fall into the first category, which has a lower survival rate.

Radiation is more common for adenocarcinoma than for neuroendocrine carcinoma, according to Joe Hines, the director of UCLA’s Agi Hirshberg Center for Pancreatic Disease.

“I want to be really careful, it’s impossible for me to say exactly,” he said. But, for neuroendocrine carcinoma, “treatment has generally been surgical.”

“The question is more in the long term — is this going to be it because there are no more tumors in her body? Or has her body mutated, where there will be more and more tumors in her body?” he said. 

Flores said that the human body is always creating new growths, but the immune system acts in ways to keep those growths in check. If the system that detects those growths is under-performing, it could spell trouble.

He said the results of a scan in about six months will be “critical.”

“You want to see if there are any residual tumors,” he said.

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