The World Stage

Written by SK Ashby

(Cartoonist - Matt Davies)

In other news, infamous shitbird Nigel Farage says the Brexit party will support Prime Minister Boris Johnson in the next election but only if he goes ahead with a hard, no-deal Brexit.

Remember when Farage ushered in the Brexit vote and then literally quit the next day because he didn't want to deal with it?

Meanwhile, a federal judge has temporarily blocked Missouri's attempt to ban abortion after just 8 weeks.

Finally, Bloomberg reports that American shoppers likely won't see many new toys (among other things) on shelves this holiday season because of Trump's trade war.

Even with President Donald Trump delaying tariffs on $160 billion of toys to smartphones to spare the Christmas boom for U.S. retailers, the damage has already been done. That’s because big toy purveyors like Walmart Inc. have already piled up inventory given the uncertainty over how the trade war will pan out, according to industry officials.

Retailers started a buying frenzy a year ago as trade tensions began to heat up -- shipping cargo volume to North America from Asia rose 7.9% in the second half of 2018, according to data compiled by Bloomberg. That growth has slowed significantly this year -- to just 0.2% in the first half -- as U.S. warehouses filled up. [...]

That means U.S. shoppers are likely to see fewer new items in stores during the holiday season as retailers limit purchasing to reduce stock toward normal levels, said Rahul Kapoor, head of research and analytics at IHS Maritime & Trade in Singapore.