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…

Texas has been on a tear. The “Lone Star State” currently stands as one of only two U.S. states with a population of 30 million or more. According to the latest employment data from July, Texas has once again taken the lead nationwide in terms of jobs added throughout the past year. Straight Arrow News…

The latest swell of dedollarization really gained steam after the U.S. levied harsh financial sanctions against Russia for invading Ukraine. Russia, its allies and economic partners have gone as far as discussing creating a brand new currency to combat dollar dominance. As the current world reserve currency, the U.S. dollar is at the center of…

The U.S. dollar has been the world’s dominant reserve currency for as long as most people alive can remember. Dedollarization talk in the past has never amounted to much, but with renewed calls to dedollarize, is king dollar about to lose its reign? I should say never is a very long time. I shouldn’t say…

The U.S. dollar’s global dominance has been a sure thing for about a century. Now emerging economies are looking to dethrone it. Foreign ministers from Brazil, Russia, India, China and South Africa, nations known collectively as BRICS, have recently discussed using alternative currencies to challenge U.S. global influence. Representatives from the bloc gathered in Cape…