Far East

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United States Plummets To 17th In Economic Freedom Rankings

By Josh Friedman The United States fell to 17th place in the Economic Freedom Index, an annual ranking of countries by economic liberty. Nations like the United Arab Emirates, Georgia and Lithuania now offer more economic freedom than the U.S., according to The Heritage Foundation, a conservative Washington, D.C.-based think tank. In the 2017 Economic

Gold Rise Continues As Trump Rains On Dollar Parade

The price of gold has increased nearly $100 over the past month. Over the past week, the precious metal has received a jolt from President Donald Trump, who is stating publicly that he believes the U.S. dollar is too strong. Gold is trading at slightly below $1,213 an ounce early Tuesday, according to Gold Price.

By |January 24th, 2017|Americas, Far East, Featured, Money, News, South East Asia, United States|

China Plunges Bitcoin Price More Than 30 Percent

By JOSH FRIEDMAN After soaring to above $1,150 in the first week of 2017, the price of the cryptocurrency bitcoin fell to around $750 Thursday. Bitcoin hit a low of $752.11 early in the day, according to the CoinDesk Bitcoin Price Index. China is by in large driving the volatility in the price. Beijing imposes

By |January 12th, 2017|China, Far East, Featured, Money|

Where Does Your Passport Rank?

By JOSH FRIEDMAN Seven countries issue passports that provide more visa-free travel options than the U.S. passport, according to recently released rankings. German citizens have the world's top travel document. Henley & Partners (H&P), a residence and citizenship planning firm, ranks passports based on the number of countries and territories to which they provide visa-free access.

North Korea Get Its Nukes Ready

In response to new United Nations sanctions on Pyongyang, North Korean leader Kim Jong Un ordered his military to be ready to launch nuclear strikes at anytime, CNN reports. "Under the extreme situation that the U.S. imperialist is misusing its military influence and is pressuring other countries and people to start war and catastrophe, the

By |March 5th, 2016|Far East, News in Brief, North Korea|

North Korea Fires Rocket Into Space

North Korea fired a missile into space Saturday using ballistic missile technology, according to the U.S. State Department. Pyongyang disputes the claim, saying it launched an earth observation satellite on a rocket named Kwangmyongsong-4. The U.S., as well as North Korea's regional enemies, Japan and South Korea, condemned the launch, which came one month after Pyongyang conducted

By |February 7th, 2016|Far East, News, North Korea, Politics|

WTF is China?

China is the most populous country in the world. Also known as the People's Republic of China, is it never, ever, to be confused with the Republic of China. The latter corresponds to the island of Taiwan, which is considered an independent country by most countries. The notable exception being China, which does not recognise

By |March 10th, 2015|China, Daniel Palin, Far East, Featured, What the f*** is?|

WTF is North Korea?

North Korea is one of the world's few remaining dictatorships, and a source of endless fascination from the outside. Officially known as the DPRK (Democratic People's Republic of Korea), it occupies the upper half of the Korean Peninsula. The name is somewhat of a misnomer, as the country is neither democratic, nor is it a

North Korea should let its people reap what they sow

The North Korean regime is allowing farmers to exercise a little more control over their farming operations and even keep more of what they produce. Reports indicate that yields are increasing as a result of North Korean leader Kim Jong Un giving farmers limited power to make business decisions. Kim should now accept that agriculture is more productive when

By |March 8th, 2015|Commentary, Far East, Featured, FMP Commentary, North Korea|

China’s trade warriors

China's monthly trade surplus reached a record high of $60.6 billion in February, the BBC reports. A country's trade surplus is the difference in price between its exports and imports.   Find out WTF China is here

By |March 8th, 2015|China, Far East, Featured, Money|
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