Tag: Economics

Posted on July 19, 2019July 19, 2019 Business Economy Finance World

UK deficit rises; gold hits six-year high; Trump blasts Fed – as it happened

Rolling coverage of the latest economic and financial news, as gold bullion prices burst through $1,450 per ounce and the UK’s budget deficit swells

• Latest: Trump criticises Federal Reserve
• UK deficit surges over £7bn in June
• Deficit cast shadow over new PM’s plans
  

Earlier:

• Introduction: Gold hits levels not seen since 2013
• Gold boosted by prospect of US interest rate cuts
• Iran seizes tanker; US shoots down drone (but whose?!)
  

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Posted on May 6, 2019May 6, 2019 US NEWS

Why did Trump threaten to raise China tariffs – and what now?

Trade talks seemed to be going well, but president alarmed markets with his tweets

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Posted on October 19, 2018 Business Economy Finance World

China growth slowest since financial crisis as trade war looms – business live

Economic growth of 6.5% in the third quarter was the weakest since early 2009 and is expected to slow further as the effects of China’s trade war with the US take hold

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Posted on October 10, 2018 Business Economy Finance World

IMF warns global economic stability at risk from no-deal Brexit

Annual report says continuing uncertainty could adversely affect market confidence

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Posted on September 20, 2018 Business Economy Finance

Global economic growth has peaked, warns OECD

Leading thinktank scales back forecasts and warns escalating trade war is denting investment

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Posted on September 18, 2018 Business Economy Finance US NEWS World

Trade war: US claims China is ‘out of bullets’ after imposing new tariffs — business live

All the day’s economic and financial news, as China accuses president Trump of poisoning trade talks with his latest salvo of tariffs

• Latest: US claims China is ‘out of bullets’
• China pledges to retaliate
• Introduction: Trump slaps $200bn tariffs on China
  
• The list of new tariffs
• Jack Ma: Trade war could last 20 years

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Posted on September 6, 2018 Business Economy Finance World

China warns US over tariffs, as emerging market fears grow – business live

All the day’s economic and financial news, as emerging market shares and currencies slide

• Latest: China warns US not to impose new tariffs
• Some EM currencies are rebounding
• Introduction: Emerging market selloff has alarmed investors
  
• Rupee hits record low
  
• Economists fear sell-off will continue
  

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Posted on August 25, 2018 US NEWS World

Markets wary as US-China trade talks end without breakthrough – as it happened

Trade row between world’s two biggest economies rumbles on; US central bankers defend Federal Reserve’s independence after Trump criticisms

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Posted on July 20, 2018 Business Economy Finance World

Trump threatens to put tariffs on all $500bn Chinese imports – business live

All the day’s economic and financial news, as the US president gives markets something new to worry about

• Latest: Trump could impose tariffs on $500bn of Chinese imports
• Trump: Fed is wrong to raise interest rates
  
• Analysts: Trump risks a currency war
  
• “Trump is acting like Erdogan”
• Chinese yuan hits fresh one-year low

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Posted on July 2, 2018 Business Economy Finance US NEWS

Tariff fears drag markets down as EU and Trump trade blows – business live

All the day’s economic and financial news, as US president says Europe is “possibly as bad as China”, and EU threatens tariffs on more American goods

• Latest: Eurozone factory growth slows as trade war fears bite
• FTSE 100 falls 1% in early trading
  
• Trump tells Fox News: Europe treats us unfairly
  
• EU: We’ll hit back if US imposes car tariffs
  
• Asian markets have fallen overnight

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Posted on June 15, 2018 Business Economy Finance US NEWS

Trump announces $50bn in China tariffs, escalating possibility of trade war

• President tells Fox he is ‘very strongly clamping down’
• China says it will impose tariffs of similar size and intensity

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Posted on April 13, 2018 Business Economy Finance US NEWS World

Trump would reconsider TPP trade pact on ‘better’ terms – business live

As tensions over Syria ease, trade developments and US bank earnings are in focus. European stock markets, oil prices, sterling and the dollar are all up.

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Posted on March 26, 2018 Business Economy Finance World

Markets wary as Trump tariffs continue to unnerve investors – business live

Talk of Chinese and US talks do little to ease tensions over trade

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Posted on March 25, 2018 Business Economy Finance US NEWS

Dow dreamers show Trump’s war on elites is pure fantasy

Economic advisers Larry Kudlow and Kevin Hassett represent the worst of establishment ideology – and ordinary Americans will suffer

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Posted on March 25, 2018 US NEWS World

Paper tigers? US and China in dispute over tariffs but trade war looks remote

Trump made a big play of slapping tariffs on Chinese imports, but experts say neither side will risk escalating the current spat

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Posted on March 25, 2018 World

Is it time to break up the tech giants such as Facebook?

Amazon, Facebook and Google are as dominant as Standard Oil or AT&T was. But breaking them up is not going to be easy

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