Mike Norman Economics

Chinese tech titan Huawei, is reportedly gearing up to ship almost 225 million devices already running on HongMeng or Ark OS by October 2019 after the Android ban due to the sanctions imposed by the US administration.... This is occurring as the smartphone market tips away from luxury phones like the iPhone and Galaxy toward less expensive products. One of its sources claimed that the Ark OS performed 60 percent faster than Google’s Android.... Sputnik InternationalChina to Ship 225 Million...

Russian embassy alarmed by London’s plans to shift focus of UK special forces.The embassy said the plan, if implemented, is likely to constitute a breach of the UN Charter. The Russian embassy in London said it was alarmed by media reports about the Defense Ministry’s plans to shift the focus of its special forces to " dangerous international behavior" by other states, including Russia. "Such reports are alarming. Of course, it’s hard for us to say how reliable this information is and how...

The concept of human development views wellbeing as being affected by a wide range of factors including health and education. This column examines worldwide long-term wellbeing from 1870-2015 with an augmented historical human development index (AHHDI) that combines new measures of achievements in health, education, material living standards, and political freedom. It shows that world human development has steadily improved over time, although advances have been unevenly distributed across...

A top U.S. financial regulator is worried that climate change could threaten global financial markets.Rostin Behnam, a commissioner at the Commodity Futures Trading Commission (CFTC), said that the financial system was at risk from the growing frequency and severity of storms. “The impacts of climate change affect every aspect of the American economy – from production agriculture to commercial manufacturing and the financing of every step in each process,” Behnam said at the meeting of the...

With the total rejection of these peace offerings, Lu Shaye has induced Canada to demonstrate where its true allegiance lay. Once Canada’s true colors were exposed, Ambassador Lu himself, breaking with the typical protocols of subtle and polite diplomatic conduct for which the Chinese are well known, called out the “racist, Five Eyes Intelligence network” which is really trying to run the world. In January 2019 Ambassador Lu described the hypocrisy of the western technocratic elite who...

Hudson, who, by my primitive criteria, is one of the best (true) economics and economic history brains of our time doesn't mince the words and calls it as he sees it (correctly): Trump’s Trade Threats Are Really Cold War 2.0. Hudson correctly identifies the issue…. Reminiscence of the FutureSo, Michael Hudson Calls It.Andrei Martyanov

Igor Sechin, the CEO of Rosneft and one of the most powerful people in Russia, isn’t jumping on the Alt-Media bandwagon of speculating about America’s supposedly imminent demise but is instead warning that it might actually be about to enter a “golden age”, albeit one that could very easily lead to “energy colonialism” all across the world.... And this is what is now happening. Exhibit #1 is "freedom gas." More expensive, but, hey, "freedom" doesn't come without cost. Eurasia FutureRussia...

According to the trails at Nuremburg, Mike Pence, Mike Pomoeo, and Lindsey Graham are all initiating in war crimes by urging wars when there is no threat to the U.S.And these guys reckon they are Christians as well! With Christians like that, who needs the Devil!This is From Mike Pence' speech, where the bit I have highlighted made me laugh. The U.S. thinks that when it runs its gunboats near China's waters, it is they who are being aggressive. “It is a virtual certainty that you will fight...

I've been traveling a few days. Here's the market wrap.

Backgrounder. Here is a bit of background for the backgrounder provided by Elijah J. Magnier. Iran's Leader of the Revolution is Grand Ayatollah Sayyid Ali Hosseini Khamenei. Born in 1939, he was President of Iran from 1981until 1989, when succeeded Grand Ayatollah Sayyid Ruhollah Mūsavi Khomeini.  In addition to being the supreme theocrat, the Grand Ayatollah is also a good strategist, with a comprehensive vision for Iran Most Iranians are Shi'ite, a sect that comprises about 10%...