Top Economic News

 

US/China trade talks may center on the Yuan.
China floats the idea of adding a nuclear element to the South China Sea.
Turkey faces more sanctions.
Turkey making the mistake of trying to make something look like a hostage swap.
​Saudi Arabia has more problems than Canada.
Musk's boring company asks for tariff relief.
Tesla gong private not oo easy.​​
Why San Francisco is not prepared for an earthquake.

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China and Russia continue to trade with North Korea.
Chinese firm touting innovative software used parts of Google Chrome.
China and US look to restart trade negotiations.
Can Wang Shouwen and David Malpass brigde the gap?
China has banned banks from certain lending activities in off-shore markets.
2-year Italian bonds have tripled to 1.4% in the last month.
Goldman's Crimella is concered about demand for Italian sovereign debt.
Turkey refuses to let American Pastor Andrew Brunson go.
The trend in not Turkey's friend.​

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If Turkey implodes, who else gets hurt?
IEA says sanctions on Iran will make maintaining the world's oil supply difficult.
California sees a softening of employment but no recession because of tariffs on China.
Japan and the US are talking trade.
Is Iran on the brink as well?

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Chinese avoid putting tariffs on US oil imports.
China should stop stealing the best US ideas.
Chinese CPI rises above expectations.
US adds more sanctions over Russia's nerve agent attack.
Will the US increase sanctions on Turkey?
The US government report on Friday is projected to show near-record American harvests.
Saudi Arabia and Canada in a diplomatic fight.
Violence in Mexico City is still well below the national averages and comparable to some US cities. 

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China imports about 13% of US LNG.
China's state media accuses Trump of starring in his own "street fighter-style deceitful drama of extortion and intimidation."
India is stepping up to the trade dispute plate.
Turkish policymakers trying to prop up the Lira via a change in reserve requirements.
Tariffs show little impact on the German surplus.
US takes aim on the oil sector in Iran.
 

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Bullard says other countries won't stop their own tariffs because they are protectionists.
Bullard says no reason the US expansion can't continue.
China in the tariff war for the long haul.
Sinopec, China's largest refiner, will delay making any purchases of US oil.
The first round of tariffs on Iran hit today.
Attempt to assasinate Venezuelan President Maduro failed.
Saudi Arabia suspends diplomatic trade ties with Canada.
​Saudi Arabia is starting to stockpile oil.

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What economist are saying about the employment number.
Wilbur Ross warns we will create a situation that is more painful to China.
Un-named sources said China will not reduce oil purchases from Iran.
The US cut China out of the RIMPAC naval exercises.
Chinese State Councillor Wang Yi said China was willing to maintain constructive contact.
Seattle housing market under pressure after Chinese buying drys up.
Pompeo says North Korean is behaving in a manner that is inconsistent with denuclearization.
Rhodium, the world's most precious metal is about to become even more expensive. 

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The US and the US business community are suffering from Chinese promise fatigue.
The US house and now Senate have passed the massive defense bill.
China draws Pakistan closer with another loan.
The BOE raised rate .25 bps to 0.75%.
Kim Jong Un returned the remains of 55 Korean war soldiers to the US.
Oil tanker owners scrap the most ships in years.

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Both the business community and the US Government are suffering from Chinese promise fatigue.
The Senate voted 87-10 forthe the National Defense Authorization Act.
Rand Paul will lead a delegation to Moscow.
China offers Pakistan another $2b in loans.
The BOE raised rates 25 BPS to 0.75.
Trump thanks Kim Jung Un for returning suspected remains of US soldiers killed in the Korean War.
Oil tanker owners scrap the most ships in decades.
 

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The BOJ and the stealth taper.
The Euro area gets higher inflation but weaker growth.
​Italy's growth slowed to the weakest pace in 2 years.
China PMI falls.
​A tax break that would allow taxpayers to inflation adjust initial value of an asset.
Permian basin oil overwhelmed the pipeline.
Renewed activity at a North Korean missile factory.
Pompeo warns against an IMF bailout of Pakistan that could aid China.
China urged the US to not allow a stopover by the Taiwanese President.
The EU hit six Russian companies that built a bridge linking Crimea to Russia.

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