Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to promote use of local currencies and reduce dependence on the U.S. dollar.Indonesia, Thailand, Malaysia and Singapore are already progressing with the implementation of bilateral transactions using QR codes among one another -- which was initiated last year, said Perry Warjiyo, governor of Indonesia's central bank, on Friday.…Nikkei AsiaVietnam,...

Dr. Carey W King joins the live steam as a special guest. Dr. King performs interdisciplinary research related to how energy systems interact within the economy and environment as well as how our policy and social systems can make decisions and tradeoffs among these often competing factors. Carey’s research goals center on rigorous interpretations of the past to determine the most probable future energy pathways. He reaches these goals by bridging the gaps between economic and...

We can talk about a higher rate of GST in Australia, but it will never happen My latest in The Conversation #auspol Share this:Like this:Like Loading...

As it provokes a new Cold War, the U.S. is warning that its corporate and financial interests, which came first after the 1980s Dengist reforms, no longer take precedence, writes Patrick Lawrence.Consortium NewsThe US Problem With China: Beijing Is Better at CapitalismPatrick Lawrence

Fiscal flows have slowed dramatically and a major tax drain is coming.

Censorship moves to a new level in denying funding.Racket NewsGoFundMe, Go To HellMatt Taibbi

YoY initial claims restart the yellow caution flag, suggest unemployment will rise towards 4.0%  – by New Deal democrat I’ll post on personal income and spending a little later. But first, initial jobless claims declined -4,000 to 228,000 last week. The more important 4 week average increased 250 to 237,500. With a one week delay, continuing claims increased 28,000 to 1.725 million: For forecasting purposes, the YoY% change is more...

Not Everything We Call Cancer Should Be Called Cancer, rsn.org. The NYPD Denied Our Request for Body Camera Footage of a “Friendly Fire” Killing. Here’s How We Got It Anyway, ProPublica, Mike Hayes. Clarence Thomas officially discloses private jet trips on GOP donor Harlan Crow’s plane, CNN Politics, Ariane de Vogue and Devan Cole. Stay away from Arizona. That’s what Canada essentially is telling its people, msn.com, Phil Boas. Arizona...

I have been avoiding keeping up-to-date with the Irish national accounts over the last several years for reasons that I documented in this blog post – Ireland – not as rosy as the official story might suggest (January 2, 2018). Ireland has been held out as the poster nation for the Eurozone boosters because of its seemingly ‘impressive’ growth performance after entry into the common currency and its resilience after the Global Financial Crisis. During the GFC, I wrote a series of blog posts...

Sullivan's whole speech is an argument against free markets and for protectionism and sector subsidies. It does away with the economic framework the U.S. had build after the end of the second world war. This is supposed to be replaced it with bilateral and block wise agreements that are to the advantage of the U.S., to the disadvantage of its agreement 'partners' and which exclude China and other 'hostile' economies....How the worm turns. End of an era.Moon of AlabamaHuawei Chips Demonstrate...