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America First News
10 Jul 2023
#society
Newsbusters: CNN Is Disappointed That 10,000 Babies DIDN’T Die From Abortions
CNN released an article expressing disappointment that 10,000 babies were born in Texas due to the state's abortion law. The study assumed the law caused the increase in births and presented it as a negative outcome. Conservatives criticized CNN for their perspective, while others celebrated the lives saved.
#economy
Forbes: China Might Turn Yen At 160 Into Another Crisis
"Eisuke Sakakibara, known as Mr. Yen, predicts further weakening of the yen, potentially falling beyond 160 to the dollar. The real concern is whether China will use the yen's plunge as a reason to depreciate the yuan, which could trigger a race to the bottom in exchange rates. This could have negative repercussions for the global financial system. "
"Asian policymakers, including Sakakibara, played a crucial role in the 1997-1998 Asian financial crisis. The collapse of Yamaichi Securities in Japan made Washington panic. Now, the yen's plunge has raised concerns about how China and Japan will respond. A weaker yen could lead to increased inflation in Japan. The focus is on whether China will let the yuan catch up with the yen's slide, which could cause instability in the global financial system. "