Falling Chinese imports show that the domestic-led side of
the economy may be struggling. Global demand for products remains strong so Chinese
exports move higher with the trade surplus widening. Interestingly, the exports
to the US are up but cut in one-half from the prior month and exports to Europe
are slowing but exports to neighboring Asian nations doubled. Premier Li
promises continued stimulus to encourage growth. The politicians and central
bankers keep goosing the markets with easy money.
[Text is Redacted: Purchase June 2014-06 to Read the Complete Chronology]
HSY files a trademark infringement lawsuit against a
Colorado-based pot confectioner manufacturing products too closely resembling
Hershey’s famous chocolate products. Several CSX tanker rail cars and cars
carrying steel derail in Pittsburgh.
13 people die and dozens are injured at Karachi Airport,
Pakistan, as armed militant gunmen attack the facility. Pakistan authorities
retake the airport but the attack flares up again a few hours later. Ukraine’s
newly-elected President Poroshenko is sworn in to office.
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