Sage Investment Club

The US is weighing cutting off Huawei from American suppliers over security concerns

The Wall Street Journal (gated) with the report. In brief, the Journal citing ‘people familiar’: The Biden administration is considering entirely cutting off Chinese telecommunications giant Huawei Technologies Co. from U.S. suppliers over national-security concerns by tightening export controls targeting the firm The background to this is that Huawei was placed on the US Department […]

A South American currency union? Don’t hold your breath By Reuters

© Reuters. Brazil’s President Luiz Inacio Lula da Silva sits with Argentina’s President Alberto Fernandez and Brazil’s Finance Minister Fernando Haddad, as they attend a meeting with Brazilian and Argentine business representatives, at the Casa Rosada presidential p By Rodrigo Campos NEW YORK (Reuters) – South America is not likely to have a common currency […]

Reparations for Black Americans ‘could finally lead to closure’: Sandy Darity

Black Americans whose ancestors were enslaved have been excluded from full citizenship in the United States for the last 247 years — and granting them full citizenship will cost between $13 trillion and $14 trillion, economist William “Sandy” Darity told a conference of fellow U.S. economists last week. To see the impact of second-class citizenship […]