Tag: Donald Trump

Thursday, January 10th 2019 - 09:30 UTC
China/US technical trade talks end with “understanding of each others' concern”

Trade talks between China and the United States this week were extensive, and helped establish a foundation for the resolution of each others' concerns, China's commerce ministry said on Thursday, but gave no details on the issues at stake.
Thursday, January 10th 2019 - 08:48 UTC
Trump walks out of meeting with Democrats failing to lift the government shutdown

President Donald Trump has walked out of a meeting with Democratic leaders as negotiations broke down on the 19th day of a US government shutdown. The Republican president ended talks after Nancy Pelosi and Chuck Schumer stuck by their refusal to fund his planned US-Mexico border wall.
Thursday, January 10th 2019 - 06:18 UTC
Bolsonaro rejects migration pact: “Brazil is sovereign and decides who comes into our home”

Brazil's president Jair Bolsonaro reaffirmed his rejection of a global migration pact, saying decisions about who was able to come into his country need to be “sovereign.” His comments, posted in a series of messages on his Twitter account, reinforced Bolsonaro's declaration before he took office last week that he was going to pull Brazil out of the migration compact that was endorsed by the UN General Assembly in December.
Wednesday, January 9th 2019 - 08:40 UTC
World Bank says global economy is “soft landing”, so far “orderly”

The World Bank is warning of increasing risks, or what it calls “darkening skies”, for the world economy. In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next.
Wednesday, January 9th 2019 - 08:30 UTC
Government shutdown persists as Trump and Democrats clash over US/Mexican border wall funding

United States president Donald Trump has demanded funding for his long-promised US-Mexico border wall to halt “a growing humanitarian and security crisis”. But in his first TV address to the nation from the Oval Office, Mr Trump did not declare a national emergency to bypass Congress and build the barrier.
Wednesday, January 9th 2019 - 08:26 UTC
EU claims Trump administration has downgraded the block's diplomatic status

EU says the US government has changed the bloc's diplomatic status in Washington, in practice downgrading it. The Trump administration did not notify the EU about the change. The EU has asked the US to explain the move, EU spokeswoman Maja Kocijancic says.
Tuesday, January 8th 2019 - 09:25 UTC
US taxpayers will receive refunds, pledges Trump despite government shutdown

Millions of US taxpayers will still receive refunds despite an ongoing partial government shutdown, the White House has said. The Internal Revenue Service (IRS) has previously delayed tax refunds during a government shutdown.
Tuesday, January 8th 2019 - 08:37 UTC
World Bank President steps down; possible differences with Trump's policies

World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr Kim, 59, was not due to leave until 2022, after he was re-elected for a second five-year term in 2017.
Saturday, January 5th 2019 - 08:42 UTC
US delegation to hold trade talks in China on January 7/8, revealed Beijing

A US delegation will visit China next week for talks aimed at defusing the trade war between the world's two largest economies. The closely watched meeting follows a dismal week for US markets, with losses fuelled partly by trade fears.
Saturday, January 5th 2019 - 08:40 UTC
Fed brings relief to markets saying it would be “patient” about rate hikes

Federal Reserve Chair Jerome “Jay” Powell took steps to reassure financial markets on Friday, saying that the US central bank would be “patient” about rate rises. He also defended his independence, saying he would not resign if requested by US President Donald Trump.