China Again the Top US Creditor

The US Treasury said Tuesday 15th August that China had made in June, its most important purchases of US debt securities for six years. Beijing becomes the first US creditor. More than 19 800 billion dollars! It’s mind-boggling amount of US government debt in June. An amount that attracts the desires of many foreign investors, and primarily of …

North Korea: Macron calls to “prevent escalation of tensions”

The French president calls for de-escalation on Saturday after the long war of words between Donald Trump and his Korean counterpart, Kim Jong-un. The two countries defy and threaten nuclear bombings respectively since the beginning of the week. Emmanuel Macron Saturday called “the responsibility of all and to prevent any escalation of tensions” , after several days of …

F1 Chinese GP: Lewis Hamilton wins it Alone

Lewis Hamilton controlled the race from start to finish in the Chinese Grand Prix. The British racer, started on pole position, was never bothered by its competitors. Sebastian Vettel, winner in Melbourne, took second place and Verstappen, author of a superb recovery, completed the podium. Esteban Ocon first of the French advanced to 10th place …

Chinese Exports Plunged 7.3% in October

Chinese exports fell 7.3% year on year in October, more than expected, highlighting the plunge in September this gloom international demand, said Tuesday the administration of Customs. The Asian giant, the main commercial power in the world, saw its exports melt last month to 178.2 billion dollars, after a 10% decline in September, reflecting a …