The G20 Summit, an annual event that brings together world leaders from the largest economies, is scheduled for Sept. 9-10 in New Delhi, India. Chinese President Xi Jinping will not be present and will instead send a representative. Straight Arrow News contributor Peter Zeihan argues that Xi’s absence at the summit raises concerns about China’s…

The U.S. government’s deficit is expected to double from $1 trillion in fiscal year 2022 to $2 trillion this fiscal year, according to the nonpartisan Committee for a Responsible Federal Budget. The increase is largely due to a 16% increase in spending, partly driven by higher interest rates, and a 7% decrease in revenue.  Here…

Ukrainians recently launched their largest drone offensives to date against Russian positions, some more than one hundred miles deep into Russian territory. The strikes yet again demonstrate the novel, game-changing power of low-cost, commercially available drone technology in modern warfare. Straight Arrow News contributor Peter Zeihan argues that we might have hit “a turning point…

Central banks have spent years investigating how to launch their own digital currencies by creating an electronic version of cash that can be stored in a digital wallet. As many as 93% of these banks are involved in various initiatives related to central bank digital currencies (CBDCs). However, the question remains: Is this widespread excitement…

Hurricane Idalia continued to strengthen as it approached landfall in Florida, and the United State is attempting to stop a company’s expedition to the wreckage of the Titanic. These stories highlight The Morning Rundown for Wednesday, Aug. 30, 2023. Hurricane Idalia makes landfall as Category 3 hurricane Hurricane Idalia escalated to a Category 4 storm…

China is currently experiencing record high youth unemployment and a decrease in economic growth. Japan faced similar issues in 1989 when deflation and over-investment caused their stock market to collapse. Straight Arrow News contributor Larry Lindsey suggests that China could end up mirroring Japan’s crash. But he believes that China might be hit harder due…

The first Republican presidential debate offered American voters a chance to start assessing potential GOP candidates who may emerge as the party’s frontrunner in the coming year. Throughout the debate, the candidates engaged in vigorous exchanges, addressing a range of topics including age, policy positions, and inevitably, the role of former President Donald Trump. Straight…

At one point, China was so worried about its rapidly growing population that the Chinese Communist Party implemented notorious family-planning policies. But now its population has peaked, its workforce is aging and the party can’t convince its people to have more kids. In 2023, India will take the long-held title of the world’s largest population…

Republican presidential candidate Larry Elder is threatening to file an FEC complaint against the Republican National Committee and Fox News for violation of debate rules and illegal campaign contributions if they don’t let him take part in Wednesday night’s debate in Milwaukee. Elder said he met all the requirements for entry, including one percent support in three…

Call it a sign of the times for the Russian economy. A shopping mall is being turned into a factory to make kamikaze or suicide drones. At the same time, teenagers are being forced to build the weapons of war. Russia is using unmanned aerial vehicles like the Lancet and Shahed-136 in Ukraine to a…