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Small Business Growth

been in ‘brutal profit taking mode’ over Chinese stimulus [Video]

Paul Gambles of MBFG Family Office Group reacts to China’s latest round of stimulus measures. He notes that the stimulus aims to address long-term economic issues rather than fix broken markets. He does believe that China can hit its 5% growth target, and he has been taking profit off the back of overreactions to the stimulus.

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Small Business Growth

Examining economic impact of rural ports [Video]

The director of the Illinois Institute of Rural Affairs says new research shows that rural inland ports, like the Corn Belt Ports initiative, can be drivers of economic development. Dr. Chris Merrett says developing related business clusters is key to growth. “You know Silicon Valley, right?”  He says, “We do have people who are competitors, […]

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Small Business Growth

Musk’s X to be reinstated in Brazil after complying with Supreme Court demands [Video]

*** Brazilian Supreme Court justice has ordered the suspension of Elon Musk’s social media platform X nationwide escalating *** feud between the two men over freedom of speech far at accounts and misinformation justice. Alexandra De Moraes warned Musk on Wednesday night, that failure to name *** local legal representative could mean that his platform was blocked. The company hasn’t had *** representative since earlier this month. Jim Moraes is basing his decision on local law requiring foreign companies to have *** representative in order to receive notification of court decisions and also to take any requisite legal action. Jim Mora’s defenders have said that his decisions targeting X have been lawful and that they’ve served to protect democracy. Musk, on the other hand, has characterized Jim Moraes as an authoritarian censor and his claims have been amplified by Brazil’s political right. Brazil is an important market for X with tens of millions of regular users and also *** potentially huge growth market for Elon Musk’s satellite company, Starlink and now starlink is also in Jim Mora’s crosshairs. It said that this week, the judge froze its accounts apparently in an attempt to get it to pay for X’s fines