Japan Surpasses China as Top Foreign Holder of U.S. Debt

(CNSNews.com) – Entities in Japan have surpassed entities in Mainland China as the top foreign holders of U.S. Treasury securities, according to the latest estimate published this month by the Treasury. In May of this year, the Chinese owned $1,110,200,000,000 in U.S Treasury securities and the Japanese owned $1,101,000,000,000. In June, however, Chinese ownership of […]

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Trump: If Putin Had Been at G7 Summit ‘We Could Have Solved’ Several Issues

(CNSNews.com) – President Trump said Monday it would be “better to have Russia inside the tent than outside the tent” of the world’s leading industrialized countries, arguing that if President Vladimir Putin had been in the room during the just-ended G7 summit, the leaders could have solved several issues that are instead now “in limbo.” […]

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Trump cancels Denmark trip

US President Donald Trump announced via Twitter that he has postponed his trip to Copenhagen, Denmark, due to Danish Prime Minister Mette Frederiksen’s statement that she has “no interest” in selling Greenland. The trip had been scheduled after Trump and his wife, First Lady Melania, accepted an invitation to visit Her Majesty Margrethe II, Queen […]

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Milton Friedman Opposed Drug Re-Importation

Is government-facilitated re-importation of prescription medicines from Canada – a policy now supported by politicians as diverse as President Donald Trump and Senator Bernard Sanders – an issue of free trade, or a backdoor method of imposing price controls?  That’s the way the question is usually framed in policy debates, but the great Nobel prize-winning […]

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US House Got One Right, Agreed to Repeal So-Called ‘Cadillac Tax’

While millions of Americans were vacationing this summer, the seemingly impossible happened in Washington: On July 17, Alexandria Ocasio-Cortez (D-NY), Nancy Pelosi (D-CA), Kevin McCarthy (R-CA), and Steve King (R-IA) all voted in favor of the same healthcare legislation. The bill in question, H.R. 748, sought to repeal the so-called “Cadillac Tax” imposed by the […]

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Warning: Banana shortage ahead

Colombia, a major source of banana exports, has declared a national emergency due to the spread of a banana-eating fungus called Fusarium wilt tropical race 4, or TR4. Signs of the fungus were first spotted in northern Colombia in June, Science reported. The fungus has devastated banana plants across Africa, Asia, Australia, and the Middle […]

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Illegal Immigration Hurts Black Workers Most

By Spencer P. Morrison Official estimates suggest that over 1 million people will illegally migrate into America in 2019.  The Democrats welcome them with open arms — they have even offered to give them “free” healthcare. In doing so they betray their most stalwart voters: black Americans.  How?  Illegal migrants compete directly with black Americans for jobs, […]

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