A snarling warning from US President Donald Trump ahead of trade talks with China rattled stock markets on Tuesday, as brewing no-deal Brexit worries also roughed up the pound and Irish bonds again.
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens.
European and US stocks climbed on Friday as investors kept a watch on developments at a G20 summit in Japan, where US President Donald Trump and Chinese counterpart Xi Jinping are due to hold key trade talks.
A host of US consumer companies have warned that costs related to tariffs on goods imported from China would weigh on their results. The United States increased tariffs on $200 billion worth of Chinese goods to 25% from 10% in May.
The UAE and India enjoy strong and cordial relations across multiple fronts, backed by top-level political and people-to-people interactions.
The world’s lungs are on fire. The Amazon ablaze dominates front pages. Inaction from Brazilian President Jair Bolsonaro is centre stage at this weekend’s G7 in Biarritz. Heart-breaking videos of indigenous peoples running from their homes and of animals fleeing for their lives have spread over social media.
As the fires in the Amazon rage into their third week, with smoke blanketing the city of Sao Paolo and even visible from space, the world’s attention has been belatedly sparked with the hashtag #AmazonFires trending globally. The INPE which tracks deforestation in Brazil found 1330 square miles of rainforest have been lost since January alone. An increase of 40 per cent on the previous year.