Skip to main content

Trade War - SERIES 181 {18 articles}

World in 'deep kimchi' if trade war lasts: Philippines finance...

9/26/2018, 6:52:04 PM
The world economy will be in "deep kimchi" if the current trade war be... ✔ At the moment it doesn’t seem too positive, with the U.S. raising interest rates, with emerging markets not being the darling of the moment and everybody is going into safe havens like the dollar and the yen, Dominguez said ✔ Our Standards:The Thomson Reuters Trust Principles


China cuts more tariffs to shield economy from trade war

9/26/2018, 4:32:15 PM
Lowered duties offer $8.7bn in relief, as Beijing burnishes free trade credentials ✔ With this latest move, China appears to be differentiating itself from the U.S. administration under President Donald Trump, who is raising tariffs in an effort to shield U.S. interests ✔ Since July, Beijing and Washington have imposed tariffs on each other's goods in a tit-for-tat spat that has impacted $250 billion worth of Chinese exports, as well as $110 billion worth of U.S. goods ✔ Try 3 months for $9 Offer ends September 30th


Trump tells UN that China seeks to interfere in midterm elections

9/26/2018, 6:55:29 PM
His remarks came three days after China placed an advertising supplement in Iowa's largest newspaper attacking Trump's trade war with Beijing. ✔ Photo: AP Dan Coats, the director of US national intelligence, told reporters on September 12 that China was one of several countries with capabilities to interfere in the elections ✔ Our new podcast series from the team behind Phoebe's Fall View episodes


Erdogan urges Germany to designate Gulen network a terrorist group

9/26/2018, 7:55:10 PM
President Tayyip Erdogan urged Germany in a newspaper article on the eve of his ... ✔ REUTERS/Andrew Kelly Writing on the website of the Frankfurter Allgemeine Zeitung, the Turkish president also said the two allies should prevent the irresponsible policies of the United States from setting off a reckless trade war ✔ Our Standards:The Thomson Reuters Trust Principles


Fed raises rates for 3rd time this year with 1 more expected

9/26/2018, 6:34:30 PM
The Federal Reserve has raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expects to maintain a pace of gradual rate hikes. ✔ WASHINGTON (AP) The Federal Reserve has raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expects to maintain a pace of gradual rate hikes ✔ The U.S. economy, as measured by the gross domestic product, is expected to grow 3 percent for 2018 as a whole


Proposed WTO reforms would target Chinese subsidies

9/26/2018, 6:09:41 PM
EU and Japan hope fixes will keep Americans from quitting free trade body ✔ After the three co-sponsors submit their proposal in November, negotiations among other WTO members will begin ✔ There are hopes for reaching a full agreement as soon as 2019 with approval from a great majority of the body's directors ✔ Try 3 months for $9 Offer ends September 30th


'We don't consider political factors': Fed raises rates and says more are coming, brushing off Trump's concerns

9/26/2018, 7:43:27 PM
Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further hikes well into 2019, risking fresh criticism from President Donald Trump. ✔ Business Markets World markets 'We don't consider political factors': Fed raises rates and says more are coming, brushing off Trump's concerns 27 September 2018 5:32am Normal text sizeLarger text sizeVery large text size Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into 2019, risking fresh criticism from President Donald Trump ✔ Jerome Powell says politics 'doesn't play a factor' in Fed's decisions


Fed raises interest rates, gives bullish outlook for economy

9/26/2018, 6:14:03 PM
undefined ✔ Median forecasts released by the Fed’s policymakers pointed to one more rate rise this year, followed by three increases in 2019 and another in 2020 in line with previous expectations ✔ Donald Trump’s decision to impose tariffs on nearly $200bn of Chinese imports has dented confidence among some US businesses, but the Fed made no reference to trade worries in its post-meeting statement


China cuts some tariffs _ but does not address US complaints

9/26/2018, 4:47:05 PM
BEIJING (AP) — China announced more tariff cuts Wednesday on imports of construction machinery and other goods, but took no action to address the U.S. complaints about its technol ✔ The researchers concluded that stock and bond markets could be hurt by a general loss of confidence in the economy, and that an escalation of trade tensions could have significant adverse global effects on growth ✔ 26 on construction machinery and other goods but no action on U.S. complaints about its technology policy that are fuelling an escalating trade battle


Fed raises key rate to range of 2% to 2.25%, keeps forecast for 4 hikes in 2018

9/26/2018, 6:16:43 PM
The Fed raised its key short-term interest rate by a quarter point to a range of 2% to 2.25%. ✔ The economy grew at a 4.2 percent annual rate in the second quarter, the fastest in four years, and analysts expect 3 percent growth this year, which would be the strongest clip since 2005 ✔ Powell delivered the semi-annual monetary policy report before the House Financial Services Committee, expressing a positive outlook


Fed Raises Interest Rates Again — And More Hikes Are Coming

9/26/2018, 6:44:37 PM
Federal Reserve officials raised interest rates for a third time this year. ✔ The committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions and inflation near the committee’s symmetric 2 percent objective, the statement said, repeating previous language


World trade's top court close to breakdown as U.S. blocks another...

9/26/2018, 4:45:36 PM
- The supreme court of world trade is close to breakdown after the United States... ✔ FILE PHOTO - The World Trade Organization (WTO) headquarters are pictured in Geneva, Switzerland, July 26, 2018 ✔ REUTERS/Denis Balibouse Almost 70 countries have repeatedly petitioned the United States to let the appointments go ahead ✔ Our Standards:The Thomson Reuters Trust Principles


Here comes the Fed ...

9/26/2018, 5:55:12 PM
The Federal Reserve is set to announce that after a two-day policy meeting, it decided to raise interest rates. But Wednesday's news is all about what Fed officials including Chairman Jerome Powell say about the future of the US economy and interest rates. ✔ Read more: Here's how the Fed raises interest rates and why it matters Some economists are urging the Fed to be even more patient with hiking because short-term rates could soon tip over longer-term ones, which are normally higher ✔ Now read: A fund manager who's crushing nearly all of her peers breaks down 3 under-the-radar stocks driving her strong performance JPMorgan studied decades of market history and compiled a playbook for guarding against losses in the next recession UBS details all the possible outcomes of the midterm elections and why a so-called blue tsunami could be the most devastating for stocks


Federal Reserve hikes interest rates and predicts ‘strong’ 3.1 percent growth this year

9/26/2018, 6:27:34 PM
The Fed stressed U.S. economy is thriving and the central bank will continue to raise interest rates in the coming months despite President Trump's anger at the rate hikes. ✔ In a telling signal, the Fed deleted the line from its statement that said monetary policy will remain accommodative, an indication the Fed believes it’s getting closer to the so-called neutral level of interest rates where policy doesn’t help or hurt the economy


Fed hikes its key interest rate again and signals more are coming despite Trump's criticism - Los Angeles Times

9/26/2018, 6:58:47 PM
Despite President Trump's unusual public criticism of their monetary policy, Federal Reserve officials inched up their key interest rate again on Wednesday and indicated they would be undaunted in continuing to hike the rate in the face of strong economic growth. ✔ The U.S. economy grew at a 4.2% annual rate in the second quarter of the year, the best since 2014, boosted by solid growth worldwide and the stimulus of the tax cuts that kicked in Jan. 1 ✔ When presidents do try to influence the Fed, they typically do it behind the scenes


Trump metals tariffs will cost Ford $1 billion in profits, CEO says

9/26/2018, 6:36:47 PM
Steel and aluminum tariffs imposed by the Trump administration have cost Ford Mo... ✔ U.S. President Donald Trump’s steel and aluminum tariffs will boost car prices by hiking commodity costs for manufacturers, automakers have warned ✔ During the presidential campaign, Trump lambasted U.S. trade deficits as detrimental to American manufacturers and workers ✔ Our Standards:The Thomson Reuters Trust Principles


Trump accuses China of 2018 election meddling, but presents no evidence at UN

9/26/2018, 7:43:17 PM
U.S. President Donald Trump on Wednesday accused China of seeking to meddle in the Nov. 6 U.S. congressional elections, saying Beijing did not want his Republican Party to do well because of his pugnacious stance on trade. ✔ Don Emmert | AFP | Getty Images US President Donald Trump speaks during the United Nations Security Council briefing on counterproliferation on the second day of the UN General Assembly, September 26, 2018 at the United Nations in New York ✔ Trump's focus on China and his allegation of election meddling came as a surprise during a formal meeting around the Security Council's horseshoe table that was expected to concentrate on the spread of nuclear, chemical and biological weapons


First lady Melania Trump headed to 4 African countries, leaving Trump troubles behind in Washington

9/26/2018, 4:56:53 PM
First lady Melania Trump is headed to Africa on Monday and will visit Ghana, Malawi, Kenya and Egypt. ✔ Her spokeswoman, Stephanie Grisham, has not disclosed details of her itinerary yet but did say it would take place during the first week of October ✔ Kenyatta wore a white dress topped by a black-trimmed, bright blue cape with a pattern of orange shuttlecocks ✔ Chip Somodevilla/Getty Images Fullscreen Last SlideNext Slide


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Trade War - SERIES 251 {10 articles}

US, China trade war: Why robots may be a game-changer 10/15/2018, 6:39:21 PM America’s $1 trillion manufacturing opportunity sits with robots ✔ We are taking stuff from all over the world and moving to China so that their cheap labor-- or what was cheap labor can assemble goods and then ship it back all over the world, he said ✔ You still need to build the robot, you still need to service the robot, you need to build the factories [and] you need to transport the goods, he said Growing impact: a third of Japan Inc hurt by U.S.-China trade war -... 10/15/2018, 11:35:55 PM The number of Japanese companies affected by the U.S.-Sino trade war has jumped ... ✔ A man cycles past chimneys of facotries at the Keihin Industrial Zone in Kawasaki, Japan September 12, 2018 ✔ Companies responded anonymously to the survey, conducted for Reuters by Nikkei Research ✔ It polled 482 large and mid-sized non-financial firms, about 240 of which responded to the question about on the extent of th...
Post a Comment
Read more

Trade War - SERIES 223 {13 articles}

Chinese developers slash prices as economic outlook dims 10/9/2018, 12:33:42 PM Investors dump shares as trade war with US bites ✔ Currently, people are very pessimistic on China's economic outlook ✔ Last week, People's Bank of China cut reserve requirement ratios for most commercial banks, freeing up more than $100 billion of capital ✔ If the impact of the trade war worsens, the property sector remains one of the best ways to absorb job losses in the manufacturing and export sectors Jaguar Land Rover to shut its Solihull plant for two weeks as Chinese sales slump 10/9/2018, 1:15:13 PM Britain's biggest carmaker Jaguar Land Rover will close its Solihull plant for two weeks later this month after it reported a nearly 50 percent fall in sales to China as import duties and a trade war with the U.S.  hurt demand. ✔ About 45 percent of the firm's sales are diesel models, which have been hit by clampdowns and tax rises in some countries as governments try to cut a...
Post a Comment
Read more

Trade War - SERIES 269 {15 articles}

Trade war headwind blows into China's face 10/19/2018, 10:23:44 PM GDP growth slows to decade low as production and investment shrivel ✔ The trade war is decreasing Chinese production of mainstay products like smartphones and robots while making companies think twice about investing in the country ✔ The factory is mostly closed and no workers are here, the court-appointed administrator of Shandong Yongtai Group, a tiremaker that went bankrupt in August, said last month at its main factory ✔ Notably, growth dropped 0.2 percentage point from the April-June period China's economic growth slows to its lowest pace since early 2009 - Los Angeles Times 10/19/2018, 5:10:27 PM China's economy is growing at the slowest pace since the depths of the financial crisis, according to official data that heightens pressure on the leaders in Beijing navigating a trade dispute with the United States. And that doesn't even include trade-war effects, many economists say. ✔ The sl...
Post a Comment
Read more

Travel - SERIES 203 {10 articles}

Turkey trying to woo more Chinese tourists - Travel 9/28/2018, 3:34:24 AM undefined ✔ Based on what it has experienced over the years, Turkey is trying to diversify the sources of foreign arrivals, with emphasis given in particular to Asian countries like China, Japan, South Korea and India, said Mehmet Nuri Ersoy ✔ Cui Wei, the Chinese consul general in Istanbul who joined the dinner, spoke of tourism's significance in promoting Chinese-Turkish ties and deepening exchanges and contacts between the peoples How the Boeing 747 jumbo jet changed travel 9/28/2018, 1:08:04 AM The Boeing 747 is celebrating its 50th anniversary. Here are five ways the jumbo jet changed how we travel. ✔ Up-sized airports The 747's dimensions were huge compared to the 707s and Douglas DC-8s that were the mainstay of airlines' international fleets in the 1960s ✔ The shorter flight times, the higher altitudes, the better pressurization -- a lot of things we brought out with the 707 were ...
Post a Comment
Read more

Fashion - SERIES 364 {20 articles}

Actual Cat Walks the Catwalk in Turkey and Paws at the Models — Watch the Adorable Video 10/27/2018, 6:10:11 PM The haute couture on display during the Vakko ESMOD International fashion show in Turkey didn't seem to impress this kitty ✔ One attendee captured the moment on camera, posting the video on Instagram on Thursday, and it was quickly shared by fans including Jessica Seinfeld, who posted the video on Friday ✔ RELATED: The Real Housewives of New York City ‘s Most Over-the-Top New York Fashion Week Moments Asked if the animal had a future in fashion, Hakkı Ali admitted it can’t be ruled out Tigerlily Taylor shows her thriller genes in sexy lingerie shoot 10/27/2018, 11:42:19 PM TIGERLILY Taylor will rock you with her sexy new shoot. The model – daughter of Queen drummer Roger Taylor and supermodel Deborah Leng – models a black bra and thong and a nude bodysuit… ✔ But she admitted being bullied over the music of her famous father’s band, which was fronted by th...
Post a Comment
Read more