Tag: Donald Trump

• Wednesday, October 24th 2018 - 08:55 UTC

  Trump-Xi summit in Buenos Aires next month announced the White House

  

  President Trump and his Chinese counterpart Xi Jinping will meet at the G-20 summit in Argentina next month, the White House announced on Tuesday, amid an escalating trade war between the world’s two largest economies. The G-20 Summit, comprising top 20 economies of the world, including India, is scheduled to take place in Buenos Aires in Argentine on November 30 and December 1.

• Wednesday, October 24th 2018 - 08:34 UTC

  Trump again bashes the Fed, saying it posed the biggest risk to the US economy

  

  United States president Donald Trump has sharpened his attacks on the Federal Reserve, saying it posed the biggest risk to the US economy. He also targeted Fed chairman Jerome Powell, telling the Wall Street Journal he seemed “happy” to be raising interest rates.

• Tuesday, October 23rd 2018 - 09:04 UTC

  Khashoggi murder: Top US official meets Saudi Crown Prince in Riyadh

  

  A senior US official has held talks with Saudi Arabia's crown prince in Riyadh, despite growing concern over the Saudis' role in the murder of journalist Jamal Khashoggi. US Treasury Secretary Steven Mnuchin met Mohammed bin Salman on Monday.

• Tuesday, October 23rd 2018 - 08:31 UTC

  United States 2018 federal budget deficit at its highest since 2012: US$ 779bn

  

  The United States federal budget deficit rose in fiscal 2018 to the highest level in six years as spending climbed, the Trump administration said. The deficit jumped to US$ 779 billion, US$ 113 billion or 17% higher than the previous fiscal period, according to a statement from Treasury Secretary Steven Mnuchin and Office of Management and Budget Director Mick Mulvaney.

• Friday, October 19th 2018 - 02:29 UTC

  Turkish police searching for Saudi journalist remains in outskirts of Istanbul

  

  Turkish police are searching a forest on the outskirts of Istanbul and a city near the Sea of Marmara for remains of a Saudi dissident journalist who disappeared two weeks ago after entering the Saudi consulate, two Turkish officials said.

• Thursday, October 18th 2018 - 09:04 UTC

  US receives US$ 100m payment from Saudi Arabia, when Pompeo was in Riyadh

  

  The United States received a payment of US$ 100 million from Saudi Arabia on Tuesday, the same day Secretary of State Mike Pompeo arrived in Riyadh to discuss the disappearance of journalist Jamal Khashoggi, a State Department official confirmed Wednesday amid global calls for answers in the case.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.

• Thursday, October 18th 2018 - 08:12 UTC

  US targets China on international rates for parcels sent by post service

  

  The United States has announced plans to withdraw from a 144-year-old postal treaty, which the White House says lets China ship goods at unfairly low prices. The United Nations treaty sets lower international rates for packages from certain countries, a move originally designed to support poorer nations.

• Tuesday, October 16th 2018 - 08:23 UTC

  US warns Central America to be cautious about relations with Beijing

  

  US Vice President Mike Pence warned Central American nations to be cautious when building relations with China, which has been increasingly active in the region. Amid mounting tensions between the United States and China, Pence brought up ties with Beijing as he met in Washington with leaders of El Salvador, Guatemala and Honduras as well as Mexico's foreign secretary.

• Thursday, October 11th 2018 - 09:08 UTC

  US markets suffer their sharpest one-day fall: fears of interest rates, inflation and trade tensions

  

  United States share markets suffered on Wednesday their sharpest one-day falls in months, as fears about rising interest rates, inflation, trade tensions intensified. The tech-heavy Nasdaq led the declines, sliding 4%, or 315.9 points, to 7,422. The Dow Jones and S&P 500 also fell by more than 3%, with losses accelerating towards the end of the day. Netflix fell 8%, while Amazon slid 6%.