Author: DailyWestern
China’s annual trade surplus now stands at $1 trillion, the largest trade imbalance ever accumulated by any single country, which amounts to 1 percent of present-day global GDP. That staggering surplus raises questions about the current structure of the global economy—and the effectiveness of Trump administration policy, given its avowed goal of reducing the U.S. trade deficit with China. Is China mercantilist? Is China’s trade surplus good for its domestic economy? And what is U.S. President Donald Trump’s strategy for dealing with China on trade? Those are just a few of the questions that came up in my recent conversation…
by Calculated Risk on 12/12/2025 08:05:00 AM Today, in the Calculated Risk Real Estate Newsletter: 2nd Look at Local Housing Markets in NovemberA brief excerpt: Tracking local data gives an early look at what happened the previous month and also reveals regional differences in both sales and inventory.November sales will be mostly for contracts signed in September and October, and mortgage rates averaged 6.35% in September and 6.25% in October (lower than for closed sales in October).In November, sales in these markets were down 5.7% YoY. Last month, in October, these same markets were up 2.8% year-over-year Not Seasonally Adjusted…
Manchester City can move two points behind Premier League leaders Arsenal by winning at Crystal palace on Sunday. The Cityzens have won four straight matches in all competitions, including a 3-0 home win over Sunday on December 6 and a 2-1 victory at Real Madrid in the Champions League on Wednesday. Palace have won their last three games, following up away wins over Burnley and Fulham with victory at Shelbourne in the Conference League on Thursday. 101GreatGoals.com has full team news from Crystal Palace vs Manchester City in the Premier League. You can also follow live text updates from the…
Prague – The European Commission must find other ways of financing Ukraine, the Czech Republic will not guarantee anything, said designated Prime Minister Andrej Babiš (ANO) in a video he published today on the X network. The EU summit, which will begin next Thursday, will deal with Ukraine’s financial needs in 2026 and 2027. For the negotiations, the European Commission has proposed two options: the first is a loan from the European Union, the second a reparations loan secured by frozen Russian assets. Since February 2022, Ukraine has been facing Russian military aggression. Babiš said that he agrees with Belgian…
Downshift in TX. These three states account for about 27% of national NFP employment, and about 1/3 of US GDP. Figure 1: Nonfarm payroll employment in CA (blue), NY (tan), and TX (red), all s.a., in logs, 2025M01=0. Source: BLS, and author’s calculations. This entry was posted on December 13, 2025 by Menzie Chinn.
Ligue 16:00 PMDecember 13, 2025Regular Season – 16Saint-Symphorien StadiumReferee: Romain Lissorgue, France Copy and paste this HTML code into your webpage to embed. Metz World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Paris Saint-Germain World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Turn off spoiler to view match statistics0.57Expected goals (xG)1.74Passing395 (86%)Accurate passes627 (92%) Turn off spoiler to view match events 1 G Jonathan Fischer 8.0 2 D Maxime Colin 6.0 15 D Terry. 6.7 5 D Jean-Philippe Gbamin 7.2 39 D Koffi Kouao 90+3′ Tripping 6.3 8 M Boubacar Traore 6.5…
Chicago Bulls guard Coby White has grown accustomed to seeing his name surface in trade chatter around the league. As the deadline approaches, that noise has picked up again, with reports linking him to potential interest from the Minnesota Timberwolves. Despite the speculation, White has been clear about where his heart currently lies, emphasizing his […] The post Coby White wants to stay in Chicago appeared first on TalkBasket.net.
FOX Weather Meteorologist Jane Minar breaks down a winter storm racing across America. NEW YORK, NY – After a week of tracking clippers, snow along the Northern Tier and a resilient Polar Vortex, a powerful cross-country winter storm is slamming millions across the U.S. this weekend to add to an already busy La Niña winter. The storm has been charging across the nation this week from Big Sky Country to the Plains, Midwest and now the Northeast’s Interstate 95 corridor through Sunday morning.A Winter Storm Warning is in place in Philadelphia, and Winter Weather Advisories are scattered throughout the region,…
Social media videos of a Catholic priest turning away Immigration and Customs Enforcement agents from his church are garnering support and thousands of shares, but they were generated with artificial intelligence tools. An Instagram video with 22,500 views as of Dec. 5, shows a passionate priest blocking ICE agents from entering his parish and giving a speech on the steps of the church, with a crowd of parishioners behind him. “You’re not welcome here, not today, and not on this church. I don’t know what god you worship, maybe an orange one, but my god is love,” the priest says…
Special Note: There is still uncertainty on when some economic reports will be released.The key economic reports this week are the November Employment report, October Retail Sales, November CPI, and November Existing Home Sales.For manufacturing, the December New York, Philly and Kansas City Fed surveys will be released this week. —– Monday, December 15th —– 8:30 AM: The New York Fed Empire State manufacturing survey for December. The consensus is for a reading of 10.8, down from 18.7.10:00 AM: The December NAHB homebuilder survey. The consensus is for a reading of 39, up from 38 the previous month. Any number…