User: newstrust Topic: Business
Category: Global Economy :: China and Global Economy
Last updated: Sep 21 2019 05:25 IST RSS 2.0
 
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Trump sees no need for a preelection trade deal, as China cancels its farm tour 21.9.2019 LA Times: Business

President Trump said he did not need to secure a deal with China to end the trade war before the 2020 election, as a China delegation canceled a trip to the Midwest.

Trump may get much of the world’s manufacturing out of China — but it won’t be coming back to the US 21.9.2019 Raw Story
“Chimerica” is a term originally coined by the historian Niall Ferguson and economist Moritz Schularick to describe the growing economic relationship between the U.S. and China since the latter’s entry into the World Trade Organization (WTO) in 2001. In the words of Ferguson: “The Chinese did the saving, the Americans the spending. The Chinese did […]
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In fight over agriculture funding, US Rep. Filemon Vela calls GOP Texan ‘a racist Christian pretender’ 20.9.2019 Raw Story
Vela, a Brownsville Democrat, was firing back after U.S. Rep. Mike Conaway, R-Midland, accused Democrats of attempting to “score political points on the back of rural America.” Members of the Texas congressional delegation achieved a new level of acrimony Thursday as Democratic U.S. Rep. Filemon Vela accused his fellow Texan and Republican colleague U.S. Rep. Mike Conaway of being […]
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Opinion: President Trump's China policy is working, but you'd never know that from media reports 20.9.2019 LA Times: Opinion

Trump's tariffs have put billions of dollars in U.S. coffers and much-needed pressure on China.

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FedEx pilot is detained before boarding a flight in China 20.9.2019 L.A. Times - World News

FedEx says one of its pilots was detained in China after an item was found in his luggage before he boarded a commercial flight.

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The Mate 30 is a moment of truth for Huawei 20.9.2019 TechCrunch
We’ve known this day would come for a long time town. Over the past several months, however, it feels like it’s arrived in slow motion. Seemingly legitimate concerns over security and sanction violations have been muddled by chest-puffing and braggadocio and large-headed leaders promising to do deals. Executives were arrested in Canada and the company […]
US Fed cuts key interest rate a quarter point, citing ‘uncertainties’ 19.9.2019 Raw Story
The US Federal Reserve cut its benchmark interest rate for the second time this year on Wednesday but the policy committee is divided, with three of the 10 voting members dissenting. The central bank also moved to ease concerns about a cash crunch on financial markets by adjusting its key policy tool to help pump […]
Fed cuts interest rates to prop up the slowing economy 18.9.2019 Minnesota Public Radio: Law & Justice
The quarter-percentage-point cut will lower borrowing costs for households and businesses. That could give a lift to the stock market but may not help the economy much amid the trade war.
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Bonds rally and U.S. stocks slip as traders await Fed 18.9.2019 LA Times: Business

Bonds rallied globally while stocks struggled for traction before the Federal Reserve concludes its policy meeting Wednesday, with officials expected to cut interest rates again and possibly move further to calm money-market rates.

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Fed is expected to cut interest rates again by quarter point 18.9.2019 LA Times: Business

Amid slowing growth and pressure from Trump, Federal Reserve makes its second straight rate cut.

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Health fears prompt Swiss 5G revolt 18.9.2019 Raw Story
Switzerland was among the first countries to begin deploying 5G, but health fears over radiation from the antennas that carry the next-generation mobile technology have sparked a nationwide revolt. Demonstrators against the technology are due to fill the streets of Bern later this month, but already a number of cantons have been pressured to put […]
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How the Dystos Defeated the Technos: A dystopian vision 18.9.2019 BuzzMachine

History 302 — Fall semester, 2032 — Final essay [This is not prediction about tomorrow; it is extrapolation from today -Ed.] Summary This paper explores the victory of technological dystopians over technologists in regulation, legislation, courts, media, business, and culture across the United States, Europe, and other nations in the latter years of what is […]

The post How the Dystos Defeated the Technos: A dystopian vision appeared first on BuzzMachine.

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World's biggest amphibian 'discovered' in museum 17.9.2019 BBC News - Science & Environment
DNA from historical museum specimens may help save the giant salamander from extinction in the wild.
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Thailand Tiger Temple: More than half have died since rescue 16.9.2019 BBC: World
Thai authorities said the big cats died of a virus, or from genetic problems linked to inbreeding.
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Open Forum 16.9.2019 Outside the Beltway
Where you can't be off topic because there IS no topic.
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'We're tightening our belt': Trump's Midwest support tested as farmers struggle 15.9.2019 Minnesota Public Radio: Politics
Farmers in the rural Midwest say they are hurting because of President Trump's ongoing trade war and a recent decision on renewable fuels.
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A dive into the ‘deadliest wave of the opioid epidemic’ is the most frightening book of the year — and mandatory reading 15.9.2019 Raw Story
First a spoiler alert: Among the multiple apocalyptic revelations in Ben Westhoff’s Fentanyl, Inc.:  How Rogue Chemists Are Creating the Deadliest Wave of the Opioid Epidemic is sour news for all hard drug users, from casual weekend abusers to full-time cocaine cowboys. In light of developments presented in this epic book in gruesome and unprecedented […]
As Doubts Grow About The Economy, Trump’s Job Approval Suffers 14.9.2019 Outside the Beltway
As doubts about the health of the economy start to mount, President Trump's job approval is starting to suffer.
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Pound jumps on Brexit hopes as global stocks firm 14.9.2019 Raw Story
The British pound hit a seven-week high against the dollar Friday amid easing fears of a no-deal Brexit. Stock markets meanwhile won support after China said some US agricultural products including pork and soybeans would be exempt from added tariffs, ahead of trade talks between Beijing and Washington scheduled for October. After flirting with new […]
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Letters to the Editor: Trump lies? At least he's not a socialist, says a Republican 14.9.2019 LA Times: Opinion

Yeah, Trump lies, but his fibs and Twitter tantrums pale in importance to pushing back against the left and keeping the U.S. economy strong.

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