US Economy

The Real Antidote to Inflation: Stoking the Fire Without Burning Down the Barn

The Fed has options for countering the record inflation the U.S. is facing that are more productive and less risky than raising interest rates. The Federal Reserve is caught between a rock and a hard place. Inflation grew by 6.8% in November, the fastest in 40 years, a trend the Fed has now acknowledged is not […]

U.S. economy soars. Will it hold on for Trump’s 2020 reelection bid?

U.S. President Donald Trump will enjoy the backdrop of a strong economy as he delivers his second State of the Union address.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss a Trump economy where Americans working has reached a five-year high, as manufacturing, factory output continues to rise despite naysayer predictions.
The question ahead for the Trump White House, all the way up to 2020, is whether the economic surge is sustainable.

America Spends About Half of World’s Military Expenditures

The National Priorities Project headlines “U.S. Military Spending vs. the World” and reports: “World military spending totaled more than $1.6 trillion in 2015.
The U.S. accounted for 37 percent of the total.” But it can’t be believed, because, even if other nations aren’t under-reporting their military expenditures, the U.S. certainly is — under-reporting it by about 50%.

Trump’s plan finally becomes clear

The first stage of U.S. President Donald Trump’s plan to restore America’s former dominance as a manufacturing country will be announced this coming weekend in Riyadh Saudi Arabia and Washington DC, but its outlines are now already more than clear. The biggest-ever foreign sale of U.S.-made weaponry will be announced at that time, and, according to a little-noticed report by Reuters on May 12th, an unidentified U.S.

Obama departs, ending the most disastrous Presidency of the post-Cold War era

As Obama finally departs from the scene, this seems as good a moment as any to assess his Presidency.
In my opinion it has been a disastrous Presidency, which has hugely deepened divisions in America – a fact which more than any other explains the exaggerated reaction to his successor – and which has brought international relations to its most dangerous point of crisis since the end of the Second World War.