Trade War - SERIES 63 {10 articles}

Trump trade war: Could U.S.-Mexico deal signal more stock gains?

Wall Street cheers U.S.-Mexico trade deal, view agreement as step in right direction in global tariff fight. ✔ The start of the televised phone call with Mexico's president Monday announcing a major trade agreement got off to an awkward start ✔ It’s worth remembering that every trade deal is different, Craig Erlam, senior market analyst at currency trading firm OANDA, told USA TODAY

China and US come to aid of industries hit by trade war

Washington to pay $4.7 billion in assistance to affected farmers ✔ Beijing, meanwhile, is supporting companies through greater lending ✔ There will be six days of public hearings for affected industries and organizations, raising businesses' hopes that Trump will reconsider ✔ Similar policies will not be able to offset the impact if the trade war intensifies

Global stocks soar on US-Mexico trade breakthrough as Canada is sidelined

Stock markets hit six-month high as trade war fears recede, with Steve Mnuchin saying: ‘Our objective is to get Canada on board quickly’ ✔ Wilbur Ross, the US commerce secretary, confirmed on Tuesday that the Trump administration is fully prepared to go ahead with or without Canada in ripping up Nafta and warned that Canada’s economy can’t survive well without a US deal ✔ In announcing the deal on Monday, Trump said: With Canada, frankly, the easiest thing we can do is to impose a tariff on their cars coming in

Mitsubishi Electric moves machine tool production out of China

US-bound devices now made in Japan to avoid additional tariffs ✔ Mitsubishi Electric will move production for markets other than the U.S. out of Japan ✔ But they are feeling indirect pressure from the trade war, with manufacturers less willing to invest in new machinery, for instance ✔ Komatsu plans to relocate output of certain parts for American-built hydraulic excavators from China to Japan and Mexico

Trump To Japanese Prime Minister For Some Reason: 'I Remember Pearl Harbor'

“I’m on to the Japanese,” Trump reportedly told Shinzo Abe at a meeting this summer. ✔ And you can’t say that about a lot of the world leaders, a U.S. official told the publication ✔ The escalating trade war and Trump’s relationship with North Korea have continued to be points of contention between the two countries ✔ There is no change in our basic recognition about the threat of North Korea’s nuclear weapons and missiles

Wall Street hovers near record high

undefined ✔ The bilateral deal helped allay some trade war fears and helped boost stocks ✔ The dollar also came under pressure from a speech by Fed chair Jay Powell at a symposium of central bankers in Jackson Hole, Wyoming, on Friday, which was largely interpreted as dovish

Trump freezing Canada out in NAFTA negotiations is 'straight from the Art of the Deal' | Markets Insider

undefined ✔ Hugo Perezcano Diaz, former head of international trade for the Ministry of Economy in the Mexican government, told Business Insider in early August he thought a NAFTA deal could be reached in coming months but games the president is known to play seemed to keep optimism at bay

Intraday Update: Stocks Stall Out Waiting for Canada

The higher the peak, the harder the climb. So stocks were expected to take a breather after making fresh records. ✔ Meanwhile, the Dow Jones Industrial Average was treading water ✔ No deal could lower the probability that the central bank of Canada hikes rates next week ✔ Qualcomm (QCOM) was up 3.1% to $69.44 after it announced preliminary results of its modified Dutch auction

Analysis | Trump: Diplomatic snake-oil salesman

Trump's over-the-top claims won't cease. ✔ But Trump and the U.S. Trade Representative Robert Lighthizer say they’re moving ahead regardless, which doesn’t appear possible ✔ But the path laid out by Trump doesn’t appear to be a viable one, and like his previous, self-proclaimed diplomatic coups, it falls apart almost instantly upon further inspection

U.S. consumer confidence races to near 18-year high

U.S. consumer confidence surged to near an 18-year high in August, as households remained upbeat on the labor market, pointing to strong consumer spending that should help to sustain the economy for the remainder of the year. ✔ Stocks on Wall Street were trading flat a day after the United States and Mexico reached an agreement on an overhaul of the North American Free Trade Agreement (NAFTA) ✔ The dollar .DXY slipped to a four-week low against a basket of currencies ✔ Our Standards:The Thomson Reuters Trust Principles

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Disasters - SERIES 336 {20 articles}

California Today: What an Earthquake Could Do to the State’s Housing Crisis 10/19/2018, 1:06:58 PM Friday: An earthquake drill raises some difficult questions, LeBron James‘s Lakers debut and saving an entangled owl in the Bay Area. ✔ [The Los Angeles Times] • The Bay Area has some of the worst roads in the nation , according to a new report ✔ She added that birds often become tangled in cords, strings and netting, especially with Halloween decorations in October ✔ Britain Releases Anjem Choudary, Radical Islamist Preacher, Under Strict Controls Wife of missing Interpol chief says he might already be dead 10/19/2018, 2:23:28 PM Grace Meng says husband is a victim of 'political persecution' and calls Chinese officials 'cruel' and 'dirty' ✔ A Somali police officer says a number of people were wounded after a suicide bomber detonated an explosives-laden vehicle at a checkpoint outside the headquarters after being stopped by security forces AP ...

Trade War - SERIES 107 {19 articles}

US-China trade war worries are 'overdone,' says CEO 9/10/2018, 3:39:36 AM Worries about the U.S.-China trade war are overdone because the impact on China will not be as immediate and challenging as investors may expect, says Jonathan Slone, CEO of brokerage and investment group CLSA. ✔ Investors are beginning to understand the picture is much more complex than just this noise that we hear over trade, he said ✔ Don't forget they have a demographic challenge, so they're actually changing their industrial policy to fit in with the secular change you're seeing in those overall trade negotiations Trade war fears scupper Volvo Cars initial public offering 9/10/2018, 1:15:09 AM undefined ✔ Like all large car manufacturers, Volvo is facing potential disruption to its business from the global trade war that has seen the US threaten to ramp up tariffs on automotive imports from Europe and China ✔ Volvo is still pursuing an ambitious midterm plan to double sales an...

Travel - SERIES 324 {32 articles}

The terrifyingly easy way holidaymakers could get sent to prison in Turkey 10/26/2018, 3:35:38 PM HOLIDAYMAKERS visiting Turkey have been warned to be extra cautious about criticising Turkish President Tayyip Erdogan’s government on social media. Even “liking” someone elseR… ✔ Getty - Contributor 2 The warnings come from the German Foreign Office to its citizens in response to a spate of cases of Germans arrested for online criticism of Erdogan ✔ The ministry added that even private comments could be risky ✔ Until now, holidaymakers had been able to apply for a visa after they have arrived, by using at kiosk at the airport in Turkey Want to see the Northern Lights? Now's the perfect time, according to aurora experts 10/26/2018, 12:11:27 PM undefined ✔ While Dr Case did err on the side of caution – the coronal holes could collapse or weaken by the time the sun rotates back around – he did suggest it may be possible to see the display in the UK ✔ Join the conversation...

Travel - SERIES 293 {31 articles}

Selfies in the Korean DMZ – and other unusual border travel experiences 10/19/2018, 2:43:20 PM undefined ✔ Such is the political turbulence that has come to define this second decade of the 21st century that it seems we can go from the worrying - and uncomfortably plausible - prospect of global nuclear warfare to selfies on the frontline in the space of less than 18 months ✔ The Wagah border ceremony is quite the spectacleCredit:AFP/SUJIT JAISWAL India-Pakistan While not quite enemies in the Korean style, India and Pakistan can never be described as best buddies The person giving you official travel advice may be an inmate 10/19/2018, 12:11:51 PM A unique program in North Carolina trains female inmates to dispense travel advice and handle roadside assistance for official state toll-free numbers. ✔ The program began in the 1980s, when tourism inquiries were handled by state employees or an imperfect computer system ✔ It’s all about beaches and families scouting universi...

Disasters - SERIES 353 {27 articles}

Canada earthquake: Is there a tsunami alert in Canada after three 6 magnitude tremors? 10/22/2018, 9:45:58 PM CANADA was hit by three strong earthquakes struck on Sunday night. But is there a tsunami alert in place? ✔ The earthquakes hit Canadian province British Columbia in less than an hour, according to the United States Geological Survey ✔ However, no casualties or any damage was reported ✔ At 10.39pm local time, the first 6.6 magnitude earthquake hit at a depth of 33 km ✔ The US National Tsunami Warning Center said a tsunami is not expected Costa Del Sol floods latest: Is it safe to travel to Malaga? Are the holiday resorts open? 10/22/2018, 8:12:33 PM COSTA Del Sol in Spain has been declared a disaster zone after intense flooding left one man dead. So is it safe to travel to Malaga? ✔ Some areas received more than half the rain they normally get in a year in just a few hours, with local reports describing the deluge as historic ✔ He offered his condolences to the vict...

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