Business as Usual?: Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation By David Lawder and Se Young Lee. Reuters•August 23, 2019 WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% […]
Business as Usual?: The recession question we should be asking isn’t ‘when’ but ‘how bad?’ Where’s the bubble going to burst? The triggers of previous downturns aren’t entirely the same today, but there is one new near-to-bursting bubble Financial Post. August 15, 2019. Joe Chidley. It’s taken a […]
Business as Usual?: Trump heaps pressure on Fed and its chairman Powell to cut rates Reuters•August 21, 2019 WASHINGTON (Reuters) – President Donald Trump on Wednesday continued to pressure the Federal Reserve and the central bank’s chairman to lower interest rates, saying its policies were hampering U.S. growth […]
Business as Usual?: China strikes back at U.S. with new tariffs on $75 bln in goods By Se Young Lee and Judy Hua. Reuters•August 23, 2019 * China sets extra tariffs of 5% or 10% * Targeted goods include soybeans, beef, pork, crude oil * U.S. imposed tariffs […]
Business as Usual?: Harvard Economist Warns Hong Kong Could Trigger World Recession Enda Curran. Bloomberg•August 23, 2019 Hong Kong’s rolling political turmoil could prove a tipping point for the world economy, Harvard University economist Carmen Reinhart said. Noting an incidence of shocks that have rattled global growth, including […]
Business as Usual?: America’s manufacturing sector shrank for the first time in nearly a decade By Anneken Tappe, CNN Business Updated 12:38 PM ET, Thu August 22, 2019 New York (CNN Business) The manufacturing sector has become the problem child of the US economy. American manufacturing activity is slowing as rising […]
Business as Usual?: 5 of the world’s biggest economies are at risk of recession. By Charles Riley, CNN Business. Updated 10:38 AM ET, Wed August 14, 2019 London (CNN Business) Five big economies are at risk of recession. It won’t take much to push them over the edge. The British […]
Business as Usual?: China Scoops Up More Gold for Reserves During Trade War By Ranjeetha Pakiam August 7, 2019 Bloomberg There’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold […]
Business as Usual?: Preparing For Long Term Crisis? Chinese Suddenly Stocking Up On Everything. Just like the Brits for Brexit. PNW. August 9, 2019 Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into […]
Business as Usual?: Trump flirts with currency war in escalating conflict with China. Wants to ‘devalue’ or weaken the dollar. Heather SCOTT. AFP•August 8, 2019 Washington (AFP) – President Donald Trump on Thursday took a step closer to sparking a currency war in the escalating conflict with China, […]
