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Revenge of the day traders: What's the GameStop craze all about?


And remarkably, as things stand, it actually worked.
Those with even a passing interest in the financial world will no doubt have clocked the drama around GameStop, investors tapping into the online forum Reddit, hedge funds and the sharemarket.
So why is an obscure American videogame retailer creating such a buzz? Why are online communities of investors mobilising? And why are professional fund managers now looking over their shoulders?
What is GameStop and why is everyone talking about it?
GameStop is a chain of US videogame stores publicly listed on the New York Stock Exchange. They’re the parent company of the EB Games, which can be found in shopping centres and malls across Australia and New Zealand. ....

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US unveils plan to counter China's rise from India to Taiwan – ThePrint


China
Assumes China “aims to dissolve U.S. alliances and partnerships in the region. China will exploit vacuums and opportunities created by these diminished bonds.”
“China seeks to dominate cutting-edge technologies, including artificial intelligence and bio-genetics, and harness them in the service of authoritarianism. Chinese dominance in these technologies would pose profound challenges to free societies.”
“China will take increasingly assertive steps to compel unification with Taiwan.”
Act to “counter Chinese predatory economic practices that freeze out foreign competition, undermine U.S. economic competitiveness, and abet the Chinese Communist Party’s aspiration to dominate the 21st century economy.”
“Build an international consensus that China’s industrial policies and unfair trading practices are damaging the global trading system.” ....

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