“The trade relationship is the linchpin between the two countries, and as it breaks, we should probably expect other areas to see more stress.” Loading History offers cautionary lessons. What happened the last time the US put a trade embargo on an ambitious great power in Asia? It was 1941, when the US imposed an
Trump tariffs on China an economic act of war Read More »
Chalk this one up to the bond vigilantes. This is the term used periodically to describe investors who push back against what are perceived to be irresponsible fiscal or monetary policies by selling government bonds, in the process pushing up yields, or implied borrowing costs. Most of the focus on markets in the wake of
At least 29 Palestinians, including children, have been killed in an Israeli air strike on a multi-storey residential building in the east of Gaza City, a local hospital says. The Hamas-run Civil Defence agency said warplanes targeted the area near al-Hawashi mosque in the Shejaiya neighbourhood on Tuesday morning. It initially reported that 23 people
Israeli strike on Gaza residential building kills 29, medics say Read More »
The recent case of 15 uniformed first responders killed on their way to work is but the latest in a long, long line of similar crimes The Israeli army has executed 15 Palestinian medics in Gaza, buried them and lied about them being “terrorists.” For those paying attention, this barbarism is not new, only the latest
How Israel hunts and executes Palestinian medics — RT World News Read More »
A toxic algae has led to an uptick in sea lion attacks on beachgoers in Southern California, according to experts in the area. The typically docile and playful creatures can become violent and disoriented when infected with domoic acid toxicosis, a neurological disease caused by seasonal algae that is poisonous to sea lions. In late
‘Deranged’ sea lion attacks on California beachgoers blamed on toxic algae – National Read More »
A sharp sell-off in U.S. government bond markets and the dollar has set off fears about the growing fallout from President Trump’s sweeping tariffs, raising questions about what is typically seen as the safest corner for investors during times of turmoil. Yields on 10-year Treasuries — the benchmark for a wide variety of debt —
WASHINGTON — President Trump walked back plans on Wednesday for a global trade war that sparked fears of economic panic and recession, a dramatic reversal after a week of market turmoil that led to a historic surge of relief on Wall Street. But the president further escalated his standoff with China over tariffs, raising duties on America’s
Markets soar as Trump pauses most global tariffs, escalates trade war with China Read More »
A stock ticker shows trading at a securities firm in Beijing April 9. Kevin Frayer/Getty Images AsiaPac hide caption toggle caption Kevin Frayer/Getty Images AsiaPac President Trump’s sweeping “Liberation Day” tariffs have upended the global economy, sending stock markets into turmoil. “This is, without a doubt, the biggest trade policy shock, I think, in history,”
Editor of ‘The Economist’ explains Trump’s tariffs : NPR Read More »
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It’s started. At 12.01am EST (04:01 GMT) on Wednesday, United States President Donald Trump’s “reciprocal” trade tariffs kicked in. And no country has been hit worse than China, which now effectively faces a 104 percent levy on the goods it sells to the US. Even as Washington moved to start negotiations with other trading partners
Trump’s tariff war: What’s at stake for China’s economy? | Donald Trump News Read More »
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