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Economy
Lagarde Says Trade War Biggest Threat to the Global Economy
Trade tariffs are the biggest obstacle for the global economy, but the U.S. economy remains in a good place. Christine Lagarde, who is the incoming president of the…
The Federal Reserve Approaches Interest Cuts
The world was in a frenzy last week with hopes the Federal Reserve will cut interest rates. This, however, was not the case, and the Fed is choosing a meeting by…
Trade War Opens New Economic Threats for China
China's manufacturing advantages are declining. Trade war tariffs are sending multinational corporations to other nations for cheap labor.
Trade War Could Be Beneficial to India
India could increase trade benefits in the midst of the US-China trade conflict, particularly under categories on which US has imposed tariffs on China.
Monetary Policy Easing Escalates as Other Banks Follow
Finance Brokerage – Monetary policy: Increasing monetary policy stimulus from the European Central Bank is escalating, as the bank’s meeting, this week comes closer.
European Central Bank Stimulus Anticipation Heightens
Finance Brokerage – European central bank: The euro was slightly under pressure on Monday trading ahead of the European Central Bank’s meeting later this week.
China acts cautiously and postpones tariffs till December
China plans to cancel all of the additional tariffs as a part of a trade agreement. However, pushed ahead Sunday with increased duties of 5% to 10% on a variety of…
China’s new “Endurance” Strategy
Trade tensions grow. China and the U.S. choose different tactics to battle it. For now, China’s current strategy as ‘endurance’. The main goal is to preserve China’s…
China accepts high trade threshold
China’s proposed tax on oil could hurt margins at its own refineries. China hurts its own domestic front by making their international refineries less competitive.
U.S. – China Trade Relations’ Tension
Brief overview of recent fallout in the U.S. and China trade relations. The result of Trump’s suggestion to declare the trade war as a national emergency.
Central Bankers to Meet in Jackson Hole
Finance Brokerage – Central Bankers start their meeting in Jackson Hole with Fed Chairman Jerome Powell’s speech followed by Bank of England Governor Mark Carney’s.
Japan Revises Forecasts; Says GDP Growth Could Slow
Finance Brokerage – Japan: Due to significantly weak exports, the Japan government lowered its GDP for 2019.
Prime Minister Boris Johnson and economy of U.K.
Boris Johnson, who became the leader of the Conservative Party, will be the next Prime Minister of U.K.
The debt ceiling and U.S. economy
Republican and Democratic parties managed to come to an agreement to suspend the debt ceiling for two years.
Japan’s economy and the elections
Elections in the Japanese parliament will influence Japan’s economy at a time when the country is struggling to deal with economic problems
President Trump and the U.S. economy
U.S. President Donald Trump said that the U.S. economy is growing faster than ever before and praised his role for this accomplishment.
Turkish economy and the effects of double sanctions
Turkey, which is a NATO member, is facing sanctions from the U.S. as well as the EU. The country is already in a difficult situation due to the deteriorating…
Retail Sales Data and U.S. Economy
U.S. retail sales increased in June, and the results are higher than expected. This shows that consumers support the U.S. economy.
Carmakers and AUW union to discuss contract details
U.S. carmakers and United Auto Workers Union started negotiations to prepare the new contract.
The biggest economies and local problems
China has one of the biggest economies in the world. The economic growth rate dropped in the second quarter.