WASHINGTON – US Treasury Secretary Janet Yellen on Wednesday rejected the idea of a near-term capital increase for the World Bank and said she expected US nominee Ajay Banga to win election as the bank‘s next leader, with no challengers emerging as the nomination period closed. Ms. Yellen told US lawmakers that she wants World Bank reforms to vastly expand lending to ...
VATICAN CITY – Pope Francis has a respiratory infection and will need to spend “a few days” in hospital for treatment, the Vatican said in a statement on Wednesday, amid concern for the 86-year-old’s condition. The statement said the pontiff was taken to Rome’s Gemelli hospital after complaining of breathing difficulties over ...
We have written lots of Dailys, not to mention talked a lot in media, about the significance of the 23-month moving average. Here are some past comments: What has happened in the last 2 years? A bullish run in 2021 ...
In this week’s edition of Trading Simplified, Dave delves into why traders need patience, especially during less-than-ideal conditions. He discusses the fact that patience “gets used up” and why we must be vigilant not to give into temptations such as boredom, ...
In his 1884 article “Mind as a Social Factor,” Lester F. Ward attacked the laissez-faire doctrine in an “inversion of values” that would have made Friedrich Nietzsche blush. “But how shall we distinguish,” Ward asked, this human, or anthropic, method ...
Canadian politicians tout their healthcare system as morally superior to private medicine. There is nothing moral about relegating thousands of people to death each year for lack of medical care. Original Article: “Democracy Created Canada’s Lethal Healthcare System” This Audio Mises ...
At the end of February 2023, the price of oil (WTI and Brent), Henry Hub and ICE natural gas, aluminum, copper, steel, corn, wheat, and the Baltic Dry Index are below the February 2022 levels. The Supply Chain Index and ...
A driver who goes with the flow of traffic and adjusts to traffic conditions usually gets places in good time and safely. Similarly, a good trader who trades in sync with price action is likelier to make better trades and ...
Political correctness in Western societies fosters polarization and a toxic culture of ignorance. Although people are rightly outraged by the cancellation of prominent figures, the most glaring consequence of political correctness is the proliferation of ignorance. When speakers are cancelled ...
Karl Marx may have been a philosopher or just someone with an opinion. He was not, however, an economist. Original Article: “Karl Marx Was Not an Economist” This Audio Mises Wire is generously sponsored by Christopher Condon. ...