News Monitoring

Trump's trade war: Why the economy may soon feel the pain 9/21/2018, 9:36:38 PM Americans may soon pay more for everything from shampoo to bikes, while companies scale back investment ✔ The trade war is balancing on a knife edge, wrote UBS economist Robert Martin in a recent note ✔ Net foreign direct investment in the U.S. -- or total investments through acquisitions and direct stakes in real estate like production facilities and research centers -- has slid every quarter since Mr. Trump was elected in 2016, Adam Posen, president of the Peterson International Institute, noted recently in the publication Foreign Affairs ✔ But most don't support tariffs as a way to prompt better behavior from Beijing Europe carmakers SUFFER amid burgeoning trade war between Donald Trump and EU 9/21/2018, 9:07:01 PM EUROPE is beginning to suffer amid the developing trade war between Donald Trump and the EU with factory growth stagnating this month. ✔ Automakers are Europe’s worst perfo...

Mayhem after 80mph Storm Bronagh blow 9/21/2018, 11:09:02 PM A CLEAN-UP operation is underway after heavy rain and gusts of nearly 80mph brought chaos to parts of Britain after Storm Bronagh blew in. ✔ Coming on the heels of Ali, in which two people died, the second named storm of the year has caused travel misery and widespread disruption, with fallen trees and flooding blocking roads and rail routes ✔ Speed restrictions were in place for many trains across the network in England and Wales due to high winds, which were forecast to reach between 45mph and 50mph across much of the country Eight days after it arrived, Florence is a sprawling disaster that just doesn't seem to end - Los Angeles Times 9/21/2018, 10:17:27 PM Eight days after Hurricane Florence slammed into land with nearly 3 feet of rain, new evacuation orders on Friday forced residents to flee to higher ground amid a sprawling disaster that's beginning to feel like it will never end. ✔ About 25 miles n...