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 91 {35 articles}

Japan earthquake latest: Where did Hokkaido earthquake hit? Have there been aftershocks? 9/6/2018, 7:36:38 AM JAPAN’S northern island of Hokkaido has been left reeling from a magnitude-6.6 earthquake which struck on Thursday morning and follows just days after the country was devastated by Typhoon Jebi. Where did the Hokkaido earthquake hit? ✔ The tremors have measured from magnitude 4.3 to 5.4 near the epicentre of Thursday morning’s major quake ✔ A magnitude 9.0 earthquake, the most powerful ever recorded in Japan, struck on March 11, 2001, off its northeastern coast, triggering a tsunami that devastated communities along the Pacific coast and killed nearly 20,000 people Rescuers rush to north Japan amid damage after quake kills 7 9/6/2018, 7:33:35 AM ASAHIKAWA, Japan (AP) — Rescuers were rushing to unearth survivors and restore power Thursday after a powerful earthquake jolted Japan's northernmost main island of Hokkaido, buck ✔ ASAHIKAWA, Japan (AP) ...

Travel - SERIES 103 {33 articles}

One year after Hurricane Irma, Florida's travel industry recovers 9/7/2018, 9:47:48 AM One year after Hurricane Irma hit the USA, Florida recovers. Hotels are re-opening and airlift is increasing. ✔ The resort has two new restaurants and an expanded adults-only area ✔ Attractions re-open All 10 Keys state parks are open for day use as restoration efforts continue ✔ When it debuts in late fall, this center will showcase the Keys’ four national wildlife refuges with exhibits and a nature bookstore operated by the Florida Keys Wildlife Society Booking flights? Cheapest website to compare prices on isn't the one you'd think 9/7/2018, 9:31:25 AM THE cheapest website for comparing flights has been revealed, and it might not be one that you’d normally use. Which? looked at the leading comparison websites and searched for 10 different flight … ✔ also surveyed people about 12 flight comparison sites that they would recommend to others ✔ For those heading off to the lik...

War Countries - SERIES 374 {10 articles}

Asia's meth boom 11/3/2018, 1:09:33 AM From the jungles of Myanmar to the streets of Hong Kong, police throughout Asia are fighting a war against methamphetamine. ✔ Zhao has reportedly negotiated a 99-year lease with the Lao government to operate what's known as the Golden Triangle Special Economic Zone ✔ Follow Joshua Berlinger on Twitter CNN's Yong Xiong, Chermaine Lee and Sean Walker and contributed reporting Australian nun Patricia Fox to return from Philippines after losing deportation fight 11/3/2018, 3:24:53 AM Saga puts spotlight on wider issue of expatriate involvement in human rights’ campaigning in Asia-Pacific ✔ And Australian journalists have been imprisoned, detained, harassed or banned in countries such as Indonesia, Vietnam, China, Thailand, Myanmar, Malaysia, Nauru and Papua New Guinea ✔ Supporters in a convoy of colourful vehicles planned to accompany her to the international airport on Saturday where she had been told intelligence agents ...

Trade War - SERIES 279 {22 articles}

Japan downgrades view of export picture as costs of trade war rise 10/23/2018, 7:51:59 AM Japan's government downgraded its assessment of exports for the first time ... ✔ Washington and Beijing have slapped tit-for-tat tariffs on each other in recent months, and plans for bilateral trade talks to resolve the dispute have stalled ✔ Japan is at risk because it exports to China much manufacturing equipment and electronic parts, which are used to make finished goods for the United States and other markets ✔ Our Standards:The Thomson Reuters Trust Principles United States’ fury at China over trade war: ‘They don’t respond – NOTHING!’ 10/23/2018, 10:41:51 AM CHINA has refused to engage with the United States for months to discuss ways to defuse the escalating trade war, Donald Trump’s top economic adviser Larry Kudlow has said. ✔ China’s demands include the US to scrapping a ban on exports to China of integrated circuits, and giving Chinese companies equal treatment in nation...

Disasters - SERIES 352 {23 articles}

Powerful East Coast storm may develop Friday into the weekend 10/22/2018, 4:45:08 PM The storm may form as a strong cold front combines with the remnants of Category 5 Hurricane Willa, about to hit Mexico’s west coast. ✔ This may be enough to cause pockets of flooding, especially in areas that have had substantial rain in recent weeks, but widespread issues are less likely ✔ In this scenario, elevations above 2,000 feet in the Appalachians could see accumulating snow ✔ The temperature outlook from the National Weather Service over the next six to 10 days Freezing Rome covered in giant sheet of ice after massive hail and rain storms 10/22/2018, 7:35:27 PM WINTER came early to Rome after a massive hail storm enveloped the city and sparked havoc among its residents. Remarkable photographs taken in the Italian capital show streets caked in ice, with ca… ✔ Firefighters responded to similar incidents in Florence and Pisa and parts of northern Italy, including Milan, where strong ...

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