Donald Trump announces ‘small additional’ 10% tariff on Chinese goods
Donald Trump has announced a 10% tariff on $300bn worth goods going into the US from China, starting from September 1.
Early today it was...
Bank of England Governor steps up no-deal Brexit warnings
Shoppers and motorists will face higher prices, and a “substantial number” of firms could find they can no longer compete in the event of...
US Federal Reserve cuts interest rate for first time in more...
The US Federal Reserve has cut its key interest rate for the first time in a decade.
The cut aims to counter threats ranging from...
UK budget deficit swells as June borrowing hits four-year high
Britain’s budget deficit swelled by more than expected last month, after the UK Government borrowed more than £7 billion (€8bn) to help balance the...
Is gold is your best play in the current market?
Gold for years has been trading within a range of 1,200-1,400 USD/oz after falling from its highs of 1,900 in 2011. Widely used as...
OBR warns no-deal Brexit could lead to recession
Crashing out of the EU without a deal could push the UK’s economy into recession and increase borrowing by £30 billion (€33bn) a year,...
G20 finance officials pledge to protect global growth
Finance ministers and central bank chiefs from the Group of 20 major economies concluded a meeting in Japan with a pledge to do all...
G20 talks brainstorm tactics for trade war and digital disruption
G20 finance ministers gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions.
The central bank governors...
Trump ‘deadly serious’ about Mexico tariffs
A top White House official has said US President Donald Trump is “deadly serious” about slapping tariffs on imports from Mexico.
But he acknowledged there...
Bank of England holds rates at 0.75% amid Brexit chaos
The Bank of England has held interest rates at 0.75% once more with Brexit uncertainty reaching its peak as Prime Minister Theresa May battles...
