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Trump will ask $8,600 million for border wall in his 2020 budget

12-03-2019

On Monday, the 11th of March 2019, the US President Donald Trump would be asking US Congress an additional amount of $8,600 for funding the wall he promised to build over the southern border with Mexico

US SEC to review stock trading rules, could yield large shakeups

11-03-2019

On Friday, the 8th of March 2019, the US Securities and Exchange Commission (SEC) had issued a statement saying that the SEC would soon be launching a review of the fundamental set of rules controlling stock trading on United States

US February job growth trips to a nearly one-and-a-half year low

11-03-2019

US February Job data released on Friday, displayed that the employment growth of the world’s largest economy had remained almost unchanged, while the economy created only 20,000 new jobs, widely missing Wall St. estimation

No immediate policy change for US economy despite slowdown signs: Fed

11-03-2019

Despite an intensified economic outcry over the global market, the United States seemed to have little headaches, as Fed Chair Jerome Powell told on Friday, the 8th of March 2019, that the Federal Reserve had not been detecting problems

Brazil’s Sao Paulo state to offer tax breaks to automakers

10-03-2019

On Friday, the 8th of March 2019, the Brazilian state of Sao Paulo said that it would be offering fresh tax cuts to automakers

Oil dips one percent on US supply surge, price remained well-supported

10-03-2019

On Friday, the 8th of March 2019, both UK and US crudes fell more than one percent after falling as much as 3 percent during the intra-day trading, after release of a fresh batch of disappointing data from US alongside China

US weekly jobless claims fall, productivity improves

09-03-2019

On Thursday, the 7th of March 2019, the US Labor department revealed weekly unemployment report and surprisingly, the number of American citizens applying for unemployment benefits fell last week

ECB slashes growth forecast, adds new fiscal injection & delays rate hike

09-03-2019

On Thursday, the 7th of March, during the ECB minutes, the European Central Bank had trimmed its growth forecast for 2019 to 1.1 from previous 1.6 percent and lowered inflation forecast for 2020, 2021, alongside delayed a rate hike

US trade deficit hit record high in 2018, as Trump’s trade war waged

08-03-2019

US trade deficit had reached a record high in 2018, as lower tax triggered strong domestic demands had been fueling imports despite Trump’s America first policies, targeted at shrinking a growing trade gap.

Companies hiring more Americans without college degree, CEOs to Trump

08-03-2019

At a White House Forum on Wednesday, the 6th of March 2019, Chief Executives of major companies said that they were going to hire more American citizens without college degree, as they had not been finding sufficient applicants

Trump set to scrap trade privileges for India

07-03-2019

The US President Donald Trump appeared to be setting the stages for a new front in his trade wars, as the US administration had been closing in to end a preferential trade treatment for India

China seeks to slash taxes, boost long-term lending to crop up economy

07-03-2019

China had been on the lookout for new financial stimulus through instilling billions of dollars in tax trimming, monetary injections and infrastructure spending, as its economic growth had been contracting abruptly

S&P downgrades Mexican oil firm PEMEX rating despite financial stimulus

06-03-2019

On Monday, the 4th of March, 2019, the rating agency, Standard & Poor had smudged the stand-alone credit profile of Mexican oil firm, Petroleos Mexicanos (Pemex), slashing the credit rating to ‘B-‘ from previous ‘BB-‘

French tax on internet giants could generate 500mln euro annually: Le Maire

05-03-2019

On Sunday, the 3rd of March, the French Finance Minister, Bruno Le Maire told that an additional three percent tax on the large internet service providers could generate as many as 568.5 million pounds (500 million euros) per year.

White House to host CEOs for workforce advisory meeting

05-03-2019

On next Wednesday, the 6th of March, 2019, the White House would meet major CEOs, who had previously joined a Trump Administration’s advisory board on workforce issues.

Strong Dollar hurts US competitiveness, says Trump

05-03-2019

On Saturday, Donald Trump had again rekindled criticism over the Federal Reserve’s monetary policy, sprouting that the United States Central Bank’s tight monetary policy had been exhorting a strong American dollar and hurting the competitiveness

EU-offered long Brexit delay “not possible”: UK Trade Minister Fox

05-03-2019

On Sunday, the 3rd of March, 2019, the British Trade Minister, Liam Fox, said that the possibility of so-called EU-offered long Brexit delay might not take place ahead of an upcoming European Union election, scheduled to be held on May, 2019.

UK firms post weakest growth since April 2013

05-03-2019

On Sunday, the 3rd of March, 2019, the Confederation of British Industry had published a report, stating that the British businesses had been going through their weakest growth in roughly six years over past 3 months

Euro-zone unemployment remains at a record ten-year low

05-03-2019

On Friday, the 1st of March, the statistics office, Eurostat had issued a statement, saying that the unemployment rate in the euro zone had remained unchanged, from a month earlier to a ten-year low in January, 2019

OPEC oil production plunged to a four-year low in February

05-03-2019

On Friday, the 1st of March, a research result revealed that the oil production of OPEC, a 28-nation pact of petroleum producing nations had been dropped to a four-year low in February

US rejects World Trade Organization obligations

04-03-2019

On Friday, the 1st of March, the Trump Administration had dropped another set bombardment at the World Trade Organization

Trump directs China to lift tariffs on US farm products

04-03-2019

On Friday, the 1st of March, the United States President Donald Trump said that he again had asked China to remove all of the tariffs over US agricultural products immediately, citing the progresses made

Canadian PM meets Trump on tariff issue, sources cite little progress

03-03-2019

On Thursday, the 28th of February, the Canadian Prime Minister Justine Trudeau had been in a talk with US President Donald Trump over US tariffs on aluminum and steel

ECB may inject new financial stimulus next week

03-03-2019

The European Central Bank (ECB) had been taking the impacts of global slowdown too lightly for months, however, they would finally be making a tentative step next week to gear up the eurozone economy, injecting new cash

US auto sales fall in February on weak SUV demands

03-03-2019

On Friday, the 1st of March, 2019, US automakers had reported a decline in US sales last month, as demands for SUVs had surprisingly been slowed down after years of radical growth

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