Oil prices reach fresh 2019 high as US tightens sanctions on Iran April 22, 2019 The price of crude oil climbed over three per cent today following the announcement by the US government that it will end exemptions from Iranian oil sanctions that it granted to countries such as China, India and Japan. Read more: Oil prices reach new 2019 high as tensions rise in Libya Secretary of state Mike Pompeo [...]
National Enquirer sold to US magazine distributor April 19, 2019 US tabloid newspaper The National Enquirer, which admitted paying hush money to get President Donald Trump elected, has been sold to James Cohen, the chief executive of Hudson Media. The weekly tabloid, which was also accused of allegedly trying to blackmail Amazon founder Jeff Bezos, has been sold by American Media Inc (AMI) for a reported [...]
‘End of my presidency’: Document shows that Trump was terrified of Mueller investigation April 18, 2019 US President Donald Trump believed the Mueller investigation into his campaign’s ties with Russia would be “the end of my presidency” according the the newly released report. Trump delivered the remarks when then-attorney general Jeff Sessions told him that a special counsel was being appointed to look into allegations of a conspiracy, according to the [...]
US trade deficit shrinks as exports to China surge April 17, 2019 The US trade deficit narrowed again in February, the government said today, reaching its lowest figure in seven months as the Trump administration continues to wage tariff wars around the globe. Read more: EU trade in goods surplus with US increases as economic tensions rise The goods trade deficit with China decreased by 28 per [...]
EU threatens $20bn of tariffs on US goods from ketchup to helicopters April 17, 2019 The European Union has threatened to slap $20bn (£15.3bn) worth of tariffs on American goods in retaliation for possible tariffs from the US, as the long-running conflict over aircraft subsidies continues. Read more: US threatens tariffs on $11bn of EU goods The European Commission today said it could tariff everything from rum and ketchup to tractors and helicopters, [...]
EU trade in goods surplus with US increases as economic tensions rise April 17, 2019 The European Union’s trade in goods surplus with the US grew in January and February compared to a year earlier, a development that could further raise tensions with the Trump administration. Read more: EU officials given go-ahead to negotiate with Trump on tariffs Meanwhile, the EU’s trade in goods deficit with China increased, driven by [...]
Extraordinary? It’s business as usual in Trump’s White House April 17, 2019 Donald Trump is probably the most extraordinary individual to ever be President of the United States. But his presidency is actually rather ordinary. This is not to argue that Trump is an ordinary President – far from it. In almost everything he says and does, how he projects himself in speeches, tweets and meetings with [...]
Monetary policy is too crucial to leave in Labour’s meddling hands April 16, 2019 Even by Donald Trump’s standards, it was an extremely Donald Trump thing to do. Last week, the President nominated Herman Cain for a seat on the board of the Federal Reserve, attempting to hand oversight of the world’s largest economy to a maverick gold-standard enthusiast. The nomination appears to be doomed, largely because of the [...]
EU member states give green light on US trade talks despite French resistance April 15, 2019 The European Union has voted to kick off trade talks with the US in the face of French resistance, it announced today. Read more: US threatens tariffs on $11bn of EU goods A meeting of member states today voted overwhelmingly to give the European Commission, which deals with trade policy, the green light to start negotiations [...]
Boeing should rebrand 737 Max jet after deadly crashes, tweets Trump April 15, 2019 Boeing should seek to turn around the fortunes of its 737 Max jet by rebranding the model, according to US president Donald Trump. Read more: Boeing to reduce 737 model production in wake of crashes In an early morning tweet from Washington, Trump offered the world’s biggest jet manufacturer a slice of his unique wisdom, [...]