The U.S. Dollar is facing a cross-road where it could emerge victorious or it could collapse. The financial authorities like the International Monetary Fund (IMF), or the Federal Reserve (Fed) have done very little to reactivate the economy. The US Economic Data changes dramatically signaling a lack of balance in our monetary system, while countries like China depreciate their currency, effectively declaring economic war.
Still, most investors seek the safety of the US dollar when storm-clouds emerge, as the dollar has been the preeminent global reserve currency for most of the century. and its position as the world's preferred reserve-currency is undeniable. Yet, one of the striking changes in the global economy over the past decade and a half is the rising importance of emerging market economies, but the global financial crisis broke conventional views about the amount of reserves an economy needs to protect itself from the effects of global crises. It's up to you to get the information you need to secure your financial future, because everything that happens in the economic world, sooner or later will affect your pocket.
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Immigration News: During last month's address to Congress, Trump said he wanted to move toward a merit-based system for legal immigration.While America has a number of short-term visa programs for skilled foreigners, the bulk of immigrant visas - those with a direct path to permanent residency - are awarded on the basis of a family relationship. There are an estimated 800,000-plus illegal migrants living in LA. The city decided back in 1979 that its police would not cooperate with federal immigration agencies and the LAPD ended the practice of stopping people exclusively to find out about their legal status. This policy has been maintained by both Democratic and Republican administrations. READ MORE HERE
Corporate News: Just a few days after being sworn in as president, Donald J. Trump convened a meeting at the White House of some of the nation’s most prominent chief executives to discuss how to improve manufacturing. Mr. Trump was joined by Elon Musk of Tesla, Mark Fields of Ford, Andrew Liveris of Dow Chemical, Marillyn A. Hewson of Lockheed Martin and Michael Dell of Dell, among others . READ MORE HERE
