China’s trade balance has set a new historic record. Again.

By the end of August, the trade balance surplus increased to $91.02 billion. Analysts had predicted growth to $83 billion. If you look at the chart and the timing of the explosive growth, the answer becomes obvious. China hasn’t lost its trade ties with Russia, has replaced all for…Read More

Meanwhile, Durov received nearly a million stars in less than an hour after his first post since the arrest.

That’s more than $10,000 — at this rate, Durov could even raise enough for bail in Paris!
#economy #durov

Intel might be sold to China – Qualcomm is interested in purchasing Intel Core’s division, which creates processors for PCs.

Intel itself denies any plans to sell parts of the business, but the numbers say otherwise – a 60% drop in stock value over six months, processor degradation, and the CEO’s prayers on Twitter hint at the inevi…Read More