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Posts published by “Samatha Fetzer”

Gold faces more headwinds as U.S. inflation threat remains

Gold faces more headwinds as U.S. inflation threat remains  KITCOWholesale prices rise sharply and show new Fed chief could confront stubborn inflation  MarketWatchUS producer prices rose 0.5% in December, more than expected, on uptick in services inflation  Yahoo FinanceUS Producer Prices Increased in December by More Than Forecast  BloombergWholesale Prices Jumped in December  The Wall Street Journal...

The vanishing allure of doing business in China

IT IS NOTHING new for foreign firms to endure shakedowns by the Chinese Communist Party. As far back as revolutionary times, Chairman Mao’s victorious troops did not directly confiscate foreign-owned assets as their Bolshevik forerunners had done in Russia. Instead, they wore them down with higher taxes and fines so big that eventually companies gave…