CIA pins the blame on Saudi Crown Prince for Khashoggi death November 17, 2018 The CIA believes the head of Saudi Arabia's royal family, Crown Prince Mohammed bin Salman, is directly responsible for the killing of journalist Jamal Khashoggi. Reports suggest that sources close to the US intelligence agency have assessed evidence of Khashoggi's murder in detail, and have informed other parts of US government, including Congress, of its [...]
Judge orders White House to hand back CNN correspondent’s press pass after tiff with Trump November 16, 2018 CNN correspondent Jim Acosta has won the battle to have his White House ban lifted – temporarily at least. After lawyers from CNN and the Trump administration battled it out for over two hours in court today, Judge Timothy Kelly granted the network's requests for Acosta to be allowed back into the White House. CNN had requested [...]
Six reasons you should care about share buybacks November 15, 2018 | City Talk Warren Buffett, the billionaire investor, recently hit the headlines with the announcement that he plans to spend almost $1 billion buying back shares in his investment company, Berkshire Hathaway. This practice has been increasingly common over recent years, with major implications. Buybacks have fundamentally altered the investment landscape over recent years. However, this is not [...]
US midterm elections: Is gridlock good? November 14, 2018 | City Talk Further tax cuts unlikely but will Trump strike a deal on trade? Keith Wade, Chief Economist, says: “The midterm elections restored some faith in opinion polls with the Democrats taking the House of Representatives and the Republicans holding the Senate. Conventional wisdom has it that a gridlocked Congress is good for markets as it prevents [...]
The US midterms: Good for Democrats, but better for markets November 13, 2018 American politics is in a febrile state. Deep partisan divisions, heightened by Donald Trump’s controversial rhetoric and policies, have resulted in a historic year for midterm voter turn-out. Last Tuesday, voters on the left and right were spurred on by a conviction that the 2018 midterms were more important than any other in history. Politically, [...]
Is central bank independence even a thing? November 13, 2018 Parents often find it tough to let go of the control they have on their children’s lives, no matter how old they are. While children usually tend to wriggle out of these constraints, the constant jostling between two often opposing opinions is a worldwide phenomenon. And such is the relationship between the government and the [...]
Impeaching Trump would be disastrous for the Democrats November 9, 2018 It took the President mere hours after holding his post-midterms press conference to drop the inevitable bombshell. After months of lambasting Jeff Sessions, the attorney general was being fired, replaced with the more amenable Matthew Whitaker. Why such ire towards Sessions, when he had been one of Donald Trump’s fiercest supporters on the campaign trail? [...]
China’s Xi issues warning to Trump as he prepares to meet with Putin at G20 November 8, 2018 Chinese President Xi Jinping has warned US President Donald Trump to respect its choices, ahead of the two world leaders meeting at the G20 summit in Argentina later this month. China and the US have been embroiled in a trade war for several months, placing tariffs on hundreds of billions of dollars worth of goods on both [...]
DEBATE: In losing the US House of Representatives, has President Trump lost his mandate? November 8, 2018 In losing the US House of Representatives, has President Trump lost his mandate? David Waywell, author and political commentator, says YES. Republican losses in the midterms were not as overwhelming as some might have predicted, but defeats in the House of Representatives do mean that Donald Trump loses the mandate he took rather for granted. [...]
Good news – the evidence is in from across the Atlantic, and tax cuts benefit everyone November 7, 2018 From discussions on how the UK should reform its tax and regulatory landscape to make the most of post-Brexit opportunities, to the rallies midterm election candidates have been holding across the US championing or lambasting the President’s tax cuts, the debate is still raging about how changes to taxes impact economies. But if you need [...]