Markets
Tehran's Grand Bazaar strikes in protest at rial collapse
- June 28, 2018
Monday's protests in Tehran began at the capital's sprawling Grand Bazaar, which has always been a center of conservatism in Iranian politics and where the ayatollahs' 1979 Islamic Revolution first gathered pace. Iranian state news agency Tasnim quoted Ali Fazeli, the head of Iran's Chamber of Guilds business association, as saying that the protest at the Grand Bazaar had fizzled out later Monday. (more...)
- June 28, 2018
Monday's protests in Tehran began at the capital's sprawling Grand Bazaar, which has always been a center of conservatism in Iranian politics and where the ayatollahs' 1979 Islamic Revolution first gathered pace. Iranian state news agency Tasnim quoted Ali Fazeli, the head of Iran's Chamber of Guilds business association, as saying that the protest at the Grand Bazaar had fizzled out later Monday. (more...)
Trump softens trade stance toward China and raises optimism
- June 28, 2018
As modernised by FIRRMA , CFIUS is the best approach to protect USA technology, because it provides a very comprehensive and agile set of tools. "It seems like this move is being undertaken with the goal of coming to a resolution ultimately on the trade policy issues the US has with China ", said Stephen Ezell, who manages global innovation policy at the Information Technology and Innovation Foundation think tank. (more...)
- June 28, 2018
As modernised by FIRRMA , CFIUS is the best approach to protect USA technology, because it provides a very comprehensive and agile set of tools. "It seems like this move is being undertaken with the goal of coming to a resolution ultimately on the trade policy issues the US has with China ", said Stephen Ezell, who manages global innovation policy at the Information Technology and Innovation Foundation think tank. (more...)
Clive Bull Challenges Leave Mean Leave Co-Chair Over Airbus Scaremongering
- June 28, 2018
Thousands of supporters of the European Union gathered in central London on Saturday to call on the British government to hold a final public vote on the terms of Brexit . Marking the anniversary, Britain's foreign minister Boris Johnson , one of the main proponents of the "Leave" vote, wrote a column in tabloid newspaper the Sun defending Brexit. (more...)
- June 28, 2018
Thousands of supporters of the European Union gathered in central London on Saturday to call on the British government to hold a final public vote on the terms of Brexit . Marking the anniversary, Britain's foreign minister Boris Johnson , one of the main proponents of the "Leave" vote, wrote a column in tabloid newspaper the Sun defending Brexit. (more...)
Harley-Davidson may face credit downgrade because of European Union tariffs
- June 28, 2018
He added: "I've done so much for you, and then this". Companies are now coming back to America. On Wednesday, Trump again took to Twitter to urge the company not to move any of its operations overseas and warning "we won't forget" the decision. (more...)
- June 28, 2018
He added: "I've done so much for you, and then this". Companies are now coming back to America. On Wednesday, Trump again took to Twitter to urge the company not to move any of its operations overseas and warning "we won't forget" the decision. (more...)
Trump Harley-Davidson attack over tariffs, trade is reversal
- June 27, 2018
Tuesday marked Trump's second straight day of leveling attacks at Harley Davidson . "The president is saying enough is enough", she said . "Now they are trying to use the tariffs to excuse and deflect from that decision", the congressman said in a statement to Roll Call Tuesday afternoon. (more...)
- June 27, 2018
Tuesday marked Trump's second straight day of leveling attacks at Harley Davidson . "The president is saying enough is enough", she said . "Now they are trying to use the tariffs to excuse and deflect from that decision", the congressman said in a statement to Roll Call Tuesday afternoon. (more...)
US stocks slide on escalating US-China trade tensions
- June 27, 2018
Actions such as US President Donald J. Trump's unilateral tariff hikes in a technology dispute with Beijing show World Trade Organization (WTO) rules need to keep pace with changes in business, said an European Union vice president, Jyrki Katainen . (more...)
- June 27, 2018
Actions such as US President Donald J. Trump's unilateral tariff hikes in a technology dispute with Beijing show World Trade Organization (WTO) rules need to keep pace with changes in business, said an European Union vice president, Jyrki Katainen . (more...)
OPEC meeting in Vienna agrees to raise oil output
- June 27, 2018
Oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) of oil to hit the markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears. Losses in USA crude prices were limited by the likelihood that an outage at Syncrude Canada's 360,000 bpd oil sands facility would last through July. (more...)
- June 27, 2018
Oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) of oil to hit the markets after OPEC agreed to raise production and as US equity markets slipped on trade war fears. Losses in USA crude prices were limited by the likelihood that an outage at Syncrude Canada's 360,000 bpd oil sands facility would last through July. (more...)
Iran's president says his country is in "economic fight" with U.S.
- June 27, 2018
The Tasnim news agency quoted the head of Iran's Chamber of Guilds, Ali Fazeli, as saying that the situation at the bazaar had calmed and that protesters' demands were being "delivered through the chamber to the government". He did not elaborate on the number of people detained. Rouhani said the three branches of government - administration, parliament and judiciary - bear "heavy responsibility" to counter the US plot. (more...)
- June 27, 2018
The Tasnim news agency quoted the head of Iran's Chamber of Guilds, Ali Fazeli, as saying that the situation at the bazaar had calmed and that protesters' demands were being "delivered through the chamber to the government". He did not elaborate on the number of people detained. Rouhani said the three branches of government - administration, parliament and judiciary - bear "heavy responsibility" to counter the US plot. (more...)
Harley-Davidson move 'consequence' of USA tariffs
- June 27, 2018
The president on Tuesday tweeted that if Harley goes through with its plans to move some production overseas , "it will be the beginning of the end - they surrendered, they quit!" Trump first tweeted on Monday that "Ultimately [Harley-Davidson] will not pay tariffs selling into the European Union ", adding: " Taxes just a Harley excuse - be patient!" In its SEC filing Harley-Davidson said the company maintains a strong commitment to US-based manufacturing which is valued by ... (more...)
- June 27, 2018
The president on Tuesday tweeted that if Harley goes through with its plans to move some production overseas , "it will be the beginning of the end - they surrendered, they quit!" Trump first tweeted on Monday that "Ultimately [Harley-Davidson] will not pay tariffs selling into the European Union ", adding: " Taxes just a Harley excuse - be patient!" In its SEC filing Harley-Davidson said the company maintains a strong commitment to US-based manufacturing which is valued by ... (more...)
Turkey's Erdogan clinches second term with majority vote
- June 26, 2018
He faces a 142 year sentence if convicted. "I also congratulate the Turkish people on the high turnout in the elections", Stoltenberg said as he arrived for a meeting with European Union foreign and defence ministers in Luxembourg . (more...)
- June 26, 2018
He faces a 142 year sentence if convicted. "I also congratulate the Turkish people on the high turnout in the elections", Stoltenberg said as he arrived for a meeting with European Union foreign and defence ministers in Luxembourg . (more...)
Chip stocks plunge after Trump's reported plan to restrict foreign technology investment
- June 26, 2018
The two powers usually find themselves on opposite sides in economic disputes. The meeting between economic decision makers from the European Union and China took place after the U.S. He told CNBC : "We have to reform WTO in order to make multilateralism better functioning in the future". Trade tensions between the USA and China have escalated in the last several weeks with the Trump administration's planned tariffs on $50 billion worth of Chinese imports and Beijing's announcement of ... (more...)
- June 26, 2018
The two powers usually find themselves on opposite sides in economic disputes. The meeting between economic decision makers from the European Union and China took place after the U.S. He told CNBC : "We have to reform WTO in order to make multilateralism better functioning in the future". Trade tensions between the USA and China have escalated in the last several weeks with the Trump administration's planned tariffs on $50 billion worth of Chinese imports and Beijing's announcement of ... (more...)
Merkel's CSU allies to gauge EU migrant deal on July 1
- June 26, 2018
He mentioned Libya - the main jumping off point for countries bound for Europe - other African countries and the Balkans. The prime ministers of Denmark, Belgium and Luxembourg also backed the idea of outsourcing the effort to tame migration, although they emphasized the need to respect global law. (more...)
- June 26, 2018
He mentioned Libya - the main jumping off point for countries bound for Europe - other African countries and the Balkans. The prime ministers of Denmark, Belgium and Luxembourg also backed the idea of outsourcing the effort to tame migration, although they emphasized the need to respect global law. (more...)
Harley workers are first casualties in trade war
- June 26, 2018
Harley-Davidson said the tariffs will add $2,200 (€1,880) on average to the price of its motorcycles in Europe, but it will seek to absorb the cost. Harley tied its higher costs to a sequence started by Trump, who praised the company as a model American manufacturer during a February 2017 meeting at the White House . (more...)
- June 26, 2018
Harley-Davidson said the tariffs will add $2,200 (€1,880) on average to the price of its motorcycles in Europe, but it will seek to absorb the cost. Harley tied its higher costs to a sequence started by Trump, who praised the company as a model American manufacturer during a February 2017 meeting at the White House . (more...)
USA to curb Chinese investment in tech firms
- June 26, 2018
United States Secretary of the Treasury Steven Mnuchin holds a news conference after the G7 Finance Ministers Summit in Whistler, British Columbia, Canada, June 2, 2018. But trade policy advisor Navarro, the administration's harshest China critic, has advocated a far more confrontational approach with Beijing . He said markets have misunderstood the president's plans. (more...)
- June 26, 2018
United States Secretary of the Treasury Steven Mnuchin holds a news conference after the G7 Finance Ministers Summit in Whistler, British Columbia, Canada, June 2, 2018. But trade policy advisor Navarro, the administration's harshest China critic, has advocated a far more confrontational approach with Beijing . He said markets have misunderstood the president's plans. (more...)
Harley to shift production out of United States to avoid EU's tariffs
- June 26, 2018
The company did not comment on how many jobs would be shifted away from the USA, but said that it would take between nine and 18 months to move production away from Wisconsin. "So thank you, Harley-Davidson, for building things in America", Trump said at the time. They are a response to the Trump administration's tariffs on steel and aluminum imports from Europe. (more...)
- June 26, 2018
The company did not comment on how many jobs would be shifted away from the USA, but said that it would take between nine and 18 months to move production away from Wisconsin. "So thank you, Harley-Davidson, for building things in America", Trump said at the time. They are a response to the Trump administration's tariffs on steel and aluminum imports from Europe. (more...)
Erdogan calls for unity as he is declared victor in Turkish elections
- June 25, 2018
However the opposition raised doubts about the accuracy and reliability of the figures released by state-run Anadolu news agency, the sole distributor of the official vote tally. She and others in the city said they voted for the pro-Kurdish HDP, hoping it would exceed the 10 per cent threshold of votes needed to enter parliament. (more...)
- June 25, 2018
However the opposition raised doubts about the accuracy and reliability of the figures released by state-run Anadolu news agency, the sole distributor of the official vote tally. She and others in the city said they voted for the pro-Kurdish HDP, hoping it would exceed the 10 per cent threshold of votes needed to enter parliament. (more...)
Harley-Davidson to shift some production overseas
- June 25, 2018
But rather than hike prices in the USA, the company said it would absorb the cost in the short term ― projected to be some $30 million to $45 million through this year― and shift some production to worldwide factories in coming months. The Associated Press reports that while President Donald Trump is pointing to Harley as a prime example of an American business as those hurt by trade barriers, the bike maker has regularly warned against imposing tariffs. (more...)
- June 25, 2018
But rather than hike prices in the USA, the company said it would absorb the cost in the short term ― projected to be some $30 million to $45 million through this year― and shift some production to worldwide factories in coming months. The Associated Press reports that while President Donald Trump is pointing to Harley as a prime example of an American business as those hurt by trade barriers, the bike maker has regularly warned against imposing tariffs. (more...)
European Union blue was the theme of today’s Brexit anniversary rallies
- June 25, 2018
German industrial group Siemens said it urgently needed clarity on how its operations would have to be organised. "The more that we undermine Theresa May, the more likely we are to end up with 'a fudge, ' which would be an absolute disaster for everyone", he told the BBC . (more...)
- June 25, 2018
German industrial group Siemens said it urgently needed clarity on how its operations would have to be organised. "The more that we undermine Theresa May, the more likely we are to end up with 'a fudge, ' which would be an absolute disaster for everyone", he told the BBC . (more...)
Greek PM says country turning a page with debt deal
- June 25, 2018
The markets' initial positive reaction to the news of the agreement was reflected on the drop of Greek state 10-year bond yields to the lowest level since mid-May to 4.11 percent, Greek national news agency AMNA reported. The fund will begin assessing the sustainability of the Greek debt "as early as next week", Lagarde said, adding that the fund will remain engaged in Greece and will participate to the monitoring of the Greek economic performance and reforms after the end of the programme. (more...)
- June 25, 2018
The markets' initial positive reaction to the news of the agreement was reflected on the drop of Greek state 10-year bond yields to the lowest level since mid-May to 4.11 percent, Greek national news agency AMNA reported. The fund will begin assessing the sustainability of the Greek debt "as early as next week", Lagarde said, adding that the fund will remain engaged in Greece and will participate to the monitoring of the Greek economic performance and reforms after the end of the programme. (more...)
A Supreme Court Ruling Could Make Your Online Purchases More Expensive
- June 25, 2018
Boston-based Wayfair says it has been collecting sales tax as it has opened warehouses across the country to ship its sofas, rugs and other products. "Startups and small businesses may benefit from the physical presence rule, but here South Dakota affords small merchants a reasonable degree of protection", the ruling says. (more...)
- June 25, 2018
Boston-based Wayfair says it has been collecting sales tax as it has opened warehouses across the country to ship its sofas, rugs and other products. "Startups and small businesses may benefit from the physical presence rule, but here South Dakota affords small merchants a reasonable degree of protection", the ruling says. (more...)
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