Top Economic News

 

Chinese trade balance with the US hits a record.
Tariffs generate growing frustration among GOP lawmakers.
Trump tells May her Brexit plan will kill off a US trade deal.
German e-cars will catch up with Tesla.
Robot trains are slashing mining costs in Australian Outback.
Mark Karpel is delighted he won't become a bitcoin billionaire.
South Korea increases engagement with North Korea.
South Korea intercepted two Russian military aircraft that entered South Korea's air defense territory.

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China said they are shocked at the US tariff action.
China has non-tariff weapons to hit back.
The tariff list includes high tech minerals the US needs.
Trade wars will create opportunities.
Festivus at the Nato summit begins with an airing of the grievances.  Feats of strength to follow.
16 of 29 contries not paying 1.5% of GDP let alone the 2% agreed upon 4 years ago.
Germany gets 40% of its gas for heating from Russia.
The US embassy in London is advising Americans to keep a low profile during Trump's visit.
Ex-apple employee  has been charged with stealing secrets for a Chinese firm.
After Tesla deal, Shanghai to speed up cancellation of foreign ownership limits.
 

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Singapore's Sovereign Wealth Fund Temasek said it may slow investments as risks rise.
Few countries manage to pull off soft landings.
China's debt bomb.
Bank of the Ozarks, the countries largest construction lender.
The Tax dodge that cost the German treasury billions.
BMW finalizes accord to produce electric minis in China.
Iran says it will sell as much oil as it can to protect banking.
Tesla moves firs to hike prices in China.
Telsa is planning to build a large new plant in China.
Only 5 of 27 NATO countries are meeting the 2% target.
Brexit is dead...long live Brexit! 

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Pompeo is optimistic on negotiations with North Korea.
David Davis quits the BREXIT team.
Musk sent two engineers to check out the situation with the kids in Tailand trapped in a cave.
Trump to meet with Nato before meeting with Russia.
US/Russian summit issues.
Ukranian President asks for US guarantee that Ukranian interests will be protected.
Samsung Life Insurance is being forced to reform.
Russia is building massive icebreakers to service the energy sector above the Arctic Circle.
A British woman died from exposure to the Novichok nerve agent.
The ​US is trying to limit oil from Iran as supply is already taking a hit from Venezuela and Libya.

 

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Does the first round of Tariffs really mean anything?
What is at the core of the trade dispute?
Copper prices slumping.
June hiring for grads looks good.
TSA looking for recruits in a tight labor market.
10-year yields at 3.75%!
OPEC and Russia raise oil output.
Iran wants compensation for re-entering talks.
Talks with North Korea have begun.

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UK economic strength shows need for a rate hike.
The tail risk of a Sino-US trade war.
US Pork producers brace for new pork tariffs.
Despite the trade tensions, the US and China are a natural fit when it comes to LNG.
A second nerve agent poisoning in the UK.
Companies turn to felons to fill labor shortages.

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US government to deny China Mobile a license.
How the Fed got in trouble for enacting sensible monetary policy?
The Fed more likely to bring another stock market correction than trade issues.
Chinese loan rules squeezing some Chinese banks.
China heads for record downgrades and defaults.
Ways to lose your Bitcoin.
Wilbur Ross explains two additional shares he shorted.
Manhattan had its worse second quarter since the financial crisis.
Germany and Austria trying to work out an immigration deal.
Sec. of State Pompeo to meet with Kim Jong Un.
Libya's force majeure cuts oil supplies by 850k BPD

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The US Chamber of Commerce on the tariffs.
The EU warns of new tariffs.
China will halt any disorderly Yuan slide.
Mexico elected The first left-wing President in recent times.
The structure of the Mexican government.
​Oil deal may stir the pot in the Middle-East.
Iran urges OPEC to reftrain from unilateral actions.
US has  a plan to dismantle North Korea's missiles.​
 

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Will the Chinese chop the stock sell-off at the knees?
The US ends 70 years of a military presence in the South Korean capital.
The EU reaches a migration deal.
Employees at dozens of leading banks are said to be facing a German probe relating to tax evasion.
SpaceX with a used first stage booster.  Upon return the booster was ditched in the Atlantic?
The US Justice Department announced charges agains 601 people possibly involved in the opioid epidemic.
Who is funding Mexico's Presidential election?​​
"Whatever you got, finish it the hell up!"

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China is slowing approvals for offshore bonds and considering a ban on short-dated issuance of dollars, to reduce financing options for debt-laden developers.
Xi warns Mattis that China won't surrender one inch of territory.
Mattis assures South Korea on US troop commitment.
Australia passed an anti-foreign meddling law.
Europe's migration crisis is a make or break issue.
​Syrian opposition decries US silence over offensive in the southwest.
Mexico's favorite to win the Presidency, Obrador, vowed to root out corruption.
The House of Representatives rejected a compromise bill on immigration.
The Supreme court took away the punch bowl.

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