Bugle Call – America First to Make America Great Again supporting Civil Liberties, Election Integrity, Bill of Rights, and Religious Freedoms that will MAGA.
Buglecall supports a free market economy with limited government intervention. We believe in an economy which rewards entrepreneurship and innovation, a simple tax system that encourages US corporate investment and incentivizes individual spending and long term saving. We believe in a workplace which reinforces and prioritizes the employment opportunities of US citizens and legal immigrants including the reinvigoration of the US manufacturing base. We value energy independence where coal and oil industries flourish while maintaining the pristine quality of our land, air and water.
Ukraine’s air force claimed Friday it shot down a Russian strategic bomber, but Moscow officials said the plane crashed in a sparsely populated area due to a malfunction after a combat mission.
Swiss Watch Exports Crash In China & Hong Kong Fears of a luxury slowdown are materializing. New data from the Federation of the Swiss Watch Industry shows that exports of luxury timepieces tumbled the most since 2020 as demand crashed in Asia. Swiss watch exports dropped in March. Their value fell by 16.1% compared with the same month in 2023 to 2 billion Swiss francs ($2.2 billion). Cratering demand in China and Hong Kong caused most of the decline. Weakness was reported across all six main markets. Exports to mainland China, the second-biggest market for Swiss watches, plunged 42%, the worst decline since March 2020, when the global economy began seizing up due to government-enforced lockdowns. Shipments to Hong Kong tumbled even more, down 44%. “The negative trend is even worse than we expected and the decline in China is really worrying and probably indicates that inventories in the region were once again too high,” Jean-Philippe Bertschy, an analyst at Vontobel in Switzerland, told Bloomberg. Faltering demand for Swiss watches comes one day after LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, controlled by the family of billionaire Bernard Arnault, reported that “uncertain geopolitical and economic environment” has weighed on luxury spending. LVMH shares in Paris are 10.5% below the peak put in early last year. For a broader view of global luxury stocks, the MSCI World Textiles, Apparel & Luxury Goods Index also shows the index well below (-21%) the peak put in at the end of 2021. A combination of China’s slower-than-expected economic recovery and generational highs in interest rates across the Western world are some of the reasons why a global slowdown in the luxury market has materialized. Tyler Durden Fri, 04/19/2024 – 04:15
San Francisco is the latest U.S. city preparing to receive a pair of pandas from China, in a continuation of Beijing’s famed “panda diplomacy.”
