Topic filter : Barack Obama

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....Donald Trump’s election as US president has triggered a surge in positive economic sentiment, because he pledged that his administration would aggressively pursue the policy trifecta of deregulation, tax cuts and reform, and infrastructure construction. Republican majorities in both houses of Congress reinforced the positive sentiment, as they signalled Trump would not face the kind of paralysing gridlock that Barack Obama confronted for most of his presidency. ... [Read full article on Guardian ]
Monday 20th of March 2017 01:22:15 PM
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....As investors dumped risky assets and rushed to safe havens such as gold and government bonds, the worries were amplified by a strongly worded editorial in the Wall Street Journal published on Wednesday. The newspaper, which is owned by Rupert Murdoch’s media empire, said the US president’s unsubstantiated claims that he was bugged by his predecessor Barack Obama had undermined his credibility, a situation worsened by his failure to back down. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:23:59 AM
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....But sentiment has turned this week after it became clear that there is likely to be a protracted delay before the Trump administration can get tax cuts through Congress. Investors believe a failure to secure agreement on Capitol Hill to repeal Barack Obama’s healthcare act – the new administration’s first legislative test – will lead to a further sell-off on Wall Street. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:21:57 PM
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Latest Finance News related to Barack Obama

Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott image
....But sentiment has turned this week after it became clear that there is likely to be a protracted delay before the Trump administration can get tax cuts through Congress. Investors believe a failure to secure agreement on Capitol Hill to repeal Barack Obama’s healthcare act – the new administration’s first legislative test – will lead to a further sell-off on Wall Street. ...
Asian shares drop as investors fear Trump won't deliver on promises image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:59 AM
....As investors dumped risky assets and rushed to safe havens such as gold and government bonds, the worries were amplified by a strongly worded editorial in the Wall Street Journal published on Wednesday. The newspaper, which is owned by Rupert Murdoch’s media empire, said the US president’s unsubstantiated claims that he was bugged by his predecessor Barack Obama had undermined his credibility, a situation worsened by his failure to back down. ...
Trump must convert surging US confidence into real growth | Mohamed El-Erian image
....Donald Trump’s election as US president has triggered a surge in positive economic sentiment, because he pledged that his administration would aggressively pursue the policy trifecta of deregulation, tax cuts and reform, and infrastructure construction. Republican majorities in both houses of Congress reinforced the positive sentiment, as they signalled Trump would not face the kind of paralysing gridlock that Barack Obama confronted for most of his presidency. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
....Donald Trump has begun the process of rolling back carbon pollution standards for vehicles following a meeting with automakers in Detroit, Michigan. Trump has directed the Environmental Protection Agency to review fuel efficiency standards that were a key plank of Barack Obama’s effort to reduce greenhouse gas emissions. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... Both countries have said they are interested in talks; they share the same legal system and much the same approach to trade. Australia is attempting to resurrect Barack Obama’s Trans Pacific Partnership free trade deal without the US now that Donald Trump has killed it off, but should still be keen to open its market to the UK. ...
US interest rate rise almost certain after bumper jobs growth image
Source : Guardian [Read Article] Friday 10th of March 2017 06:15:58 PM
....75%. President Donald Trump grabbed the chance to hail the strong jobs numbers, covering the first full month of his administration, as a personal victory, despite the momentum clearly springing from the legacy of his predecessor, Barack Obama. ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
....Second, Trump will respond, as populists do, by attempting to distract attention from his failure to deliver the economic goods. This means directing his ire and that of his supporters toward others – whether internal enemies like the press, the intelligence community, and Barack Obama, or external adversaries like such as Islamic State and China. ...
Trump trademarks approved by China image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:56:30 PM
....These are outlawed by the Constitution. Barack Obama's former ethics lawyer Norman Eisen said there was a risk of a conflict of interest. ...
Fixing America's failing infrastructure won't be easy, despite Trump's pledge image
....According to the CBO since 2008, the federal government had transferred $65bn into the HTF from the US treasury’s general fund to cover the shortfall. Later that year, Barack Obama signed the Fixing America’s Surface Transportation (Fast) Act into law, buying time for the HTF by infusing an additional $70bn into it from the general fund. ...
Sorrell: companies that offend good governance tend to perform better image
....”. Sorrell said that the Trump administration is more pro-business than Barack Obama’s government, but that uncertainty remains in a number of markets. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
....The US media is “all Trump, all the time” – and they have had plenty of fuel. Amid Trump’s initial moves to “shake up” Washington, DC, including a five-year lobbying ban and approvals of pipelines that Barack Obama had blocked, he has made some serious – and avoidable – mistakes. ...
Uber hires Eric Holder to investigate sexual harassment allegations image
Source : Guardian [Read Article] Tuesday 21st of February 2017 03:06:50 AM
....In a staff email shared with the Guardian on Monday, Uber’s CEO, Travis Kalanick, said Holder would conduct an “independent review” and also revealed that women made up only 15% of the company’s workforce in engineering, product management and scientist roles. The hiring of Holder, who was attorney general under Barack Obama, comes as the description of harassment from Susan Fowler, a former site reliability engineer, has gone viral, prompting women across Silicon Valley to share stories of facing misconduct and discrimination in the male-dominated tech industry. ...
Donald Trump retains direct tie to businesses, documents show image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:30:22 PM
....The details align with what Trump and attorney Sheri Dillon outlined at an 11 January news conference about Trump’s plan for what would become of his global business empire while he is president. Previous ethics advisers to Barack Obama and George W Bush and the leader of the Office of Government Ethics have said Trump has not gone nearly far enough to absolve himself of potential conflicts of interest. ...
Trump’s honeymoon with the stock market will soon be over | Nouriel Roubini image
....The Nobel laureate economist Edmund S Phelps has described Trump’s direct interference in the corporate sector as reminiscent of corporatist Nazi Germany and fascist Italy. Indeed, if Barack Obama had treated the corporate sector in the way that Trump has, he would have been smeared as a communist; but for some reason when Trump does it, corporate America puts its tail between its legs. ...
Retreat from globalisation will destabilise the world economy | Mohamed El-Erian image
.... In the longer term, it would confront the threat of systemic fragmentation and proliferating trade wars. • Mohamed El-Erian is chief economic adviser at Allianz and was chairman of Barack Obama’s Global Development Council. ...
Smoot and Hawley, the ghosts of tariffs past, haunt the White House image
Source : Guardian [Read Article] Sunday 29th of January 2017 12:00:23 PM
.... And America has certainly taken a protectionist turn. Successful presidents including Barack Obama and Bill Clinton have campaigned on the perils of free trade only to drop the rhetoric once installed in the White House. ...
Uber: the app that changed how the world hails a taxi image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
.... By the time they got back to San Francisco, Kalanick was ready to get more involved, at least as an adviser, and Camp was ready to listen to him. A few weeks into 2009, after a trip to Washington DC to see Barack Obama’s first inauguration as president, Camp called Kalanick. ...
Trump didn’t kill TPP, the people did | Owen Jones image
Source : Guardian [Read Article] Tuesday 24th of January 2017 09:39:47 AM
.... There is no need to congratulate Trump’s bigoted regime or pretend he has assembled a cabinet that isn’t teeming with corporate interests. The Republicans didn’t co-operate with Barack Obama, and it would surely be a mistake for Democrats to normalise a deeply unpopular demagogue who actively threatens an admittedly already compromised democracy. ...
Trump withdraws from Trans-Pacific Partnership amid flurry of orders image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:46:50 PM
. Donald Trump has begun his effort to dismantle Barack Obama’s legacy, formally scrapping a flagship trade deal with 11 countries in the Pacific rim. ...
Top Trump adviser says post-Brexit trade deal feasible within a year image
Source : Guardian [Read Article] Tuesday 17th of January 2017 05:16:19 PM
....Teresa May’s hopes of striking a trade deal with the incoming Donald Trump administration have been given a boost after a leading adviser to the president-elect said a new accord could be achieved within six to 12 months. Anthony Scaramucci, a Wall Street financier and member of Trump’s transition team, said at the World Economic Forum in Davos that Barack Obama’s successor would seek a swift and mutually beneficial agreement. ...
Xi Jinping signals China will champion free trade if Trump builds barriers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 03:50:06 PM
....After later meeting US vice-president Joe Biden on the sidelines of the Davos summit, Xi said that the world needed China and the United States to have a stable and cooperative relationship. He added that links between the two countries had “weathered wind and rain, but generally have continued to forge ahead”, saying that under Barack Obama there had been a “correct” development in relations. ...
Trump is a conservative – but that won't stop him sending deficits soaring image
....In the early 2000s, another Republican president, George W Bush, essentially followed Reagan’s playbook, again slashing taxes and sending deficits soaring. In 2012, at the height of the standoff between the Republican-controlled Congress and Democratic president Barack Obama over deficits and the national debt, Republican presidential candidate Mitt Romney proffered an economic plan that featured eye-popping deficits to finance tax cuts and higher military spending. ...
Blind trusts: what do Theresa May and Donald Trump have in common? image
Source : Guardian [Read Article] Friday 13th of January 2017 01:41:32 PM
....What is a blind trust, and why is the prime minister using one?Blind trusts are designed to give the public confidence that a minister cannot benefit personally from decisions over which he or she has influence. Some politicians will sell anything that could be construed as a conflict of interest – Barack Obama sold all his stocks shortly after becoming a senator. ...
Takata shares rise on US airbag settlement reports image
Source : BBC [Read Article] Friday 13th of January 2017 03:26:11 AM
....Takata has not disclosed the total cost of the global recall, but there have been multiple reports it is working on a restructuring deal and potential bankruptcy protection. The outgoing US administration is keen to clear several of its major investigations before President Barack Obama leaves office. ...
Spotify offers Barack Obama a job as 'President of Playlists' image
Source : BBC [Read Article] Tuesday 10th of January 2017 10:29:13 AM
. President Barack Obama recently joked that he was hoping for a job at Spotify when he leaves the White House. ...
Obama's labour market report card: not bad, could have done better image
Source : Guardian [Read Article] Friday 6th of January 2017 03:17:51 PM
....So that’s it. The last jobs report of Barack Obama’s presidency has been published and the figures encapsulate his eight-year presidency. ...
US wage growth shows Trump will inherit solid labour market image
Source : Guardian [Read Article] Friday 6th of January 2017 03:07:43 PM
. The US economy added more than 2m jobs in 2016 and finished the year with a pick-up in wages, suggesting Donald Trump will inherit a solid labour market from outgoing president Barack Obama. ...
US jobs growth slows to 156,000 during December image
Source : BBC [Read Article] Friday 6th of January 2017 02:39:54 PM
....The bureau revised up the number of new jobs created in November from an initial count of 178,000 to 204,000. Over the last year of Barack Obama's presidency, job growth reached 2. ...
Mexico and Mr Trump: What will happen to trade ties? image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:59:36 PM
....Donald Trump wasn't the first US presidential candidate to criticise Nafta. Hillary Clinton and even Barack Obama did so on their campaign trails. ...
Will Donald Trump's election put America first and global conflict next? image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 08:33:31 AM
....In Asia, US economic and military primacy has provided decades of stability; but a rising China is now challenging the status quo. US President Barack Obama’s strategic “pivot” to Asia depended primarily on enacting the 12-country trans-Pacific partnership, which Trump has promised to scrap on his first day in office. ...
US justice department accuses Barclays over mortgage mis-selling image
Source : Guardian [Read Article] Thursday 22nd of December 2016 10:59:23 PM
....Earlier this week Reuters reported that the Swiss bank Credit Suisse had been asked to pay between $5bn and $7bn to settle the long-running investigation. Bailed-out Royal Bank of Scotland has repeatedly warned that it too faces a penalty from the DoJ over the investigation that reflects an attempt by outgoing president Barack Obama to hold banks accountable for selling the bonds – which packaged up home loans – without telling investors about the risks. ...
Obama bans oil drilling 'permanently' in millions of acres of ocean image
Source : BBC [Read Article] Wednesday 21st of December 2016 06:35:18 AM
. Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US-owned northern waters. ...
Trump must overcome global barriers to deliver his economic promise | Mohamed El-Erian image
....As a result, markets seem convinced that the US will gradually exit its prolonged period of excessive reliance on unconventional monetary policy, replacing it with a mix of looser fiscal policy and pro-growth structural reforms an approach much like that pursued by Ronald Reagan. Barack Obama sought to purse a similar approach, but was frustrated by a highly polarised Congress. ...
Centrica has donated to US climate change-denying thinktank image
Source : Guardian [Read Article] Friday 16th of December 2016 06:00:45 AM
....Domenech is director of the thinktank’s Fuelling Freedom project, for which he has penned numerous articles attacking action on climate change. “Under the Clean Power Plan more people will suffer – and for no benefit to our climate,” he wrote of Barack Obama’s flagship energy plan to move away from fossil fuels. ...
Four lessons from Donald Trump's US election victory image
Source : Guardian [Read Article] Tuesday 13th of December 2016 11:42:09 AM
.... Republicans, even those who opposed Trump during the campaign, have coalesced behind him. Meanwhile, the Democrats in government – most notably Barack Obama – have largely echoed Clinton’s gracious concession-speech injunction that Trump should be given an opportunity to lead. ...
2016: the year Facebook became the bad guy image
Source : Guardian [Read Article] Monday 12th of December 2016 11:00:10 AM
....We used to joke that we could sell the whole election to the highest bidder. In the runup to the election, misinformation and fake news – such as articles suggesting Hillary Clinton was a murderer or that the pope endorsed Trump – proliferated on social media so feverishly that even Barack Obama said it undermined the political process. ...
Donald Trump has a handy scapegoat when economic clouds appear image
Source : Guardian [Read Article] Sunday 11th of December 2016 07:00:21 AM
....To illustrate the faith consumers have in a Trump presidency, the Conference Board consumer confidence index shook off a dip in October to regain pre-recession levels. And the CNBC All-America Economic Survey found that the percentage of Americans who believe the economy will get better in the next year climbed by an unprecedented 17 points to 42% – the highest it has been since Barack Obama was first elected in 2008. ...
So the Fed won’t raise interest rates? Watch this space image
Source : Guardian [Read Article] Sunday 11th of December 2016 06:59:20 AM
....In September, the then presidential candidate said Yellen should be “ashamed” of what she had been doing to the US by maintaining low interest rates. He then railed about the Fed’s supposed lack of independence and suggested that rates would not change while Barack Obama remained in the Oval Office, in order to protect his legacy. ...
Will Trump herald a US economic boom? image
Source : Guardian [Read Article] Wednesday 7th of December 2016 11:57:31 AM
....Consider regulation. Under Barack Obama, labour regulation expanded significantly, not to mention the dramatic increase in environmental legislation. ...
US economy adds 178,000 new jobs making Fed rate hike likely image
Source : Guardian [Read Article] Friday 2nd of December 2016 06:55:25 PM
....9% in October and was the lowest since August 2007, before the global financial crisis struck. Deputy labor secretary Chris Lu said that President-elect Trump was inheriting a far better economy than the one outgoing president Barack Obama had inherited from George W Bush, but “the unfinished business was wages”. ...
The Trump effect has rallied the US markets – but what next? image
Source : Guardian [Read Article] Monday 28th of November 2016 03:04:14 PM
.... Trump has become far more conciliatory as well, telling the New York Times that he did not want to “hurt the Clintons” by appointing a special prosecutor to investigate his former opponent. Similarly, after years of criticising Barack Obama, Trump has spoken positively – even glowingly – about him. ...
Potential clash image
Source : BBC [Read Article] Thursday 24th of November 2016 01:10:13 AM
.... . President Barack Obama did not create a blind trust, but instead invested in mutual funds and other broad financial instruments he could not control. ...
Asia leaders defend trade deals despite Trump stance image
Source : BBC [Read Article] Monday 21st of November 2016 01:41:01 AM
.... . But after the Apec meeting, US President Barack Obama reiterated his support for the pact, saying not going ahead would undermine the US position across Asia Pacific. ...
Can Trump strike the right balance on monetary policy? image
Source : Guardian [Read Article] Friday 18th of November 2016 10:42:32 AM
.... If Trump cares about his base – or if he at least wants to avoid a political backlash from it – he should appoint dovish Fed governors who will favor easy-money policies that weaken the dollar. Ironically, Barack Obama’s appointees, such as Brainard and Tarullo, are actually ideal for Trump’s agenda. ...
Federal Reserve hints at interest rate hike in December image
Source : Guardian [Read Article] Thursday 17th of November 2016 02:22:57 PM
....Yellen said she intended to see out her full term at helm of the Fed until January 2018, despite Trump repeatedly calling for her to leave the position early due to her hesitancy to raise rates, which he claims has been artificially slowing down the economic recovery. Trump has not addressed his concerns about Yellen since the election, but during the campaign he accused her of creating a “false economy” by keeping interest rates artificially low to help Barack Obama and the Democratic candidate, Hillary Clinton. ...
Obama meets Merkel in Berlin to discuss TTIP and Russia in wake of Trump win image
Source : Guardian [Read Article] Thursday 17th of November 2016 12:38:55 PM
. Barack Obama is meeting Angela Merkel in Berlin to talk about Russian sanctions, the fight against Islamic State and the future of the EU-US trade agreement in the aftermath of Donald Trump’s election victory. ...
Obama defends globalisation on Germany visit image
Source : BBC [Read Article] Wednesday 16th of November 2016 09:41:43 PM
. US President Barack Obama has made a strong defence of globalisation as he arrived in Germany on his final visit to Europe before leaving office. ...
Qatar wins approval to turn US embassy in London into hotel image
Source : Guardian [Read Article] Wednesday 16th of November 2016 05:41:01 PM
.... After protesters broke through police lines, 200 were arrested and 50 people were treated in hospital. The opening of the new US embassy near Battersea power station, in south London, has been delayed and will take place during the presidency of Donald Trump, not Barack Obama’s as planned. ...
Barack Obama raises possibility of debt relief on final Greece visit image
Source : Guardian [Read Article] Tuesday 15th of November 2016 07:24:05 PM
. The outgoing US president, Barack Obama, has used his final trip to Europe to call for action to put Greece on a path to “durable” economic recovery, including the possibility of debt relief. ...
Joseph Stiglitz: what the US economy needs from Donald Trump image
Source : Guardian [Read Article] Tuesday 15th of November 2016 12:00:15 PM
....Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society. In April, President Barack Obama’s council of economic advisers released a brief showing increasing market concentration in many sectors (pdf). ...
Neoliberalism: the deep story that lies beneath Donald Trump’s triumph | George Monbiot image
.... Hayek’s triumph could be witnessed everywhere from Blair’s expansion of the private finance initiative to Clinton’s repeal of the Glass-Steagal Act, which had regulated the financial sector. For all his grace and touch, Barack Obama, who didn’t possess a narrative either (except “hope”), was slowly reeled in by those who owned the means of persuasion. ...
No politician can keep a promise to bring back jobs – especially not Donald Trump image
....In fact a 2015 US government report suggests that 40% of US jobs are now contingent, so that “millions of workers … are in temporary, contract, or other forms of non-standard employment arrangements” which have no “employer-provided retirement and health benefits, or … job-protected leave”. The states that turned from Barack Obama to Trump closely hew with the areas most affected by disruptions associated with globalisation and economic downturn. ...
Barack Obama calls for 'meaningful debt relief' for Greece image
Source : Guardian [Read Article] Sunday 13th of November 2016 07:39:08 PM
. The US president, Barack Obama, has signalled he will use a critical two-day visit to Athens this week to step up calls for the country to be given “meaningful debt relief”. ...
We are living in a depression - that's why Trump took the White House image
Source : Guardian [Read Article] Sunday 13th of November 2016 03:29:04 PM
....Words matter. The process of understanding why Donald Trump is now heading for the White House starts with the correct description of what has happened in the eight years since Barack Obama became president. ...
Mark Zuckerberg vows more action to tackle fake news on Facebook image
Source : Guardian [Read Article] Sunday 13th of November 2016 11:07:35 AM
....”. Though Facebook’s fake news problem is not new, commentators and even outgoing president Barack Obama have raised concerns about its role in spreading false information during the election. ...
Donald Trump has plenty of economic issues to hit before he gets to the UK image
Source : Guardian [Read Article] Sunday 13th of November 2016 07:00:12 AM
....Just as hard to predict is what this all means for the UK as it undergoes its own upheaval and potentially breaks away from a market of 500 million people. With Trump, the UK is no longer at the back of the queue for trade deals, as Barack Obama threatened it would be during the EU referendum campaign. ...
Congress will abandon Trans-Pacific Partnership deal, White House concedes image
Source : Guardian [Read Article] Sunday 13th of November 2016 01:14:48 AM
.... During the Democratic primary she was pushed by Bernie Sanders, a self-identified democratic socialist senator from Vermont, to give up her support. On Monday, Barack Obama is scheduled to travel to Greece, Germany and Peru, his final major trip abroad in office. ...
Corporate winners from Donald Trump’s election image
Source : Guardian [Read Article] Thursday 10th of November 2016 06:13:59 PM
....The president-elect has also pledged to allow a fresh application for the Keystone XL oil pipeline. President Barack Obama rejected the Canada-US pipeline in 2015, but Trump has said he would invite a fresh proposal from TransCanada, the company behind the plan. ...
Greenspan backs Fed's independence image
Source : BBC [Read Article] Thursday 10th of November 2016 02:00:18 AM
.... I couldn't vote for Hillary Clinton and Donald Trump was not my candidate," he added. During the course of his election campaign Mr Trump questioned the independence of the US central bank with his claims that Ms Yellen was keeping interest rates low at the behest of President Barack Obama and to help Mrs Clinton. ...
US voters chose candidate with a more radical approach to economy image
Source : Guardian [Read Article] Wednesday 9th of November 2016 07:53:12 PM
....Trump has said his spending commitments will be matched by savings elsewhere, although again history suggests that this is easier said than done. Congress is, for example, unlikely to allow the new president to repeal Barack Obama’s Affordable Health Care for America Act unless there is something to replace it. ...
Globalisation backlash enters new phase with Trump win image
Source : Guardian [Read Article] Wednesday 9th of November 2016 10:09:27 AM
.... He has threatened to brand China a currency manipulator, a decision that could easily prompt a full-scale trade war between the world’s two biggest economies. The two trade deals Barack Obama has been negotiating – the Trans-Pacific Partnership (TPP) and the Trans-Atlantic Trade and Investment Partnership (TTIP) are dead in the water. ...
Will the US election mean the end of free trade? image
Source : Guardian [Read Article] Friday 4th of November 2016 03:32:35 PM
.... Hillary Clinton argues for investment in education and infrastructure, and a higher minimum wage. Donald Trump, too, advocates infrastructure spending along with tax cuts and the repeal of Barack Obama’s healthcare law. ...
iPhone 7? You're fired! image
Source : BBC [Read Article] Saturday 1st of October 2016 11:10:06 PM
....Some Chinese nationalists have also targeted the iPhone to demonstrate their displeasure against an international tribunal ruling which went against Chinese claims to rights in the South China Sea. US President Barack Obama has called on China to respect the ruling which is part of a long-running dispute with the Philippines. ...
Memory keepers  image
Source : BBC [Read Article] Tuesday 27th of September 2016 11:48:58 PM
.... . "When I grew up, what I knew of Belsen was that Belsen," said Mr Rosensaft, who has been appointed to the United States Holocaust Memorial Council by US President Barack Obama. ...
US hits Chinese firm with sanctions over North Korea ties image
Source : BBC [Read Article] Tuesday 27th of September 2016 12:55:57 AM
....China's Foreign Ministry said last week that Hongxiang was being investigated for illegal behaviour and economic crimes. Last week, the US said that President Barack Obama and Chinese Prime Minister Li Keqiang agreed to step up cooperation in the UN Security Council and in law-enforcement channels after North Korea's latest and largest nuclear test on 9 September. ...
US President Barack Obama urges China to tackle excess capacity image
Source : BBC [Read Article] Tuesday 20th of September 2016 01:58:11 AM
. US President Barack Obama has urged China to accelerate measures to tackle overproduction of industrial goods. ...
US lifts decades-long trade sanctions against Myanmar image
Source : BBC [Read Article] Wednesday 14th of September 2016 05:07:10 PM
. Long-standing trade sanctions against Myanmar are to be lifted, US President Barack Obama has said. ...
No rush to raise interest rates, says Fed official image
Source : BBC [Read Article] Monday 12th of September 2016 03:30:11 PM
....However, last month Federal Reserve chair Janet Yellen said the case for a hike "had strengthened". The speculation over the Fed's next move comes amid a claim from Donald Trump that the US central bank was keeping interest rates low to boost the popularity of President Barack Obama. ...
TPP? RCEP? Trade jargon explained image
Source : BBC [Read Article] Tuesday 6th of September 2016 12:36:36 AM
....Asia business correspondent Karishma Vaswani explains some of the trade deals - and the jargon behind them - that will be discussed at the summit of the Association of Southeast Asian Nations (Asean) in Laos this week. The summit will also be attended by regional leaders, along with US President Barack Obama. ...
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Brexit: Japan warns firms may move European HQ out of Britain image
Source : BBC [Read Article] Sunday 4th of September 2016 11:55:33 AM
....Mrs May said she would use the summit to scope out trade deals so they could be signed quickly after the UK's exit from the EU. President Barack Obama, however, stressed that the US would prioritise trade talks with the Asia-Pacific region and the EU. ...
G20 leaders told 'avoid empty talk' by China's Xi Jinping image
Source : BBC [Read Article] Sunday 4th of September 2016 09:36:01 AM
Theresa May: UK will be 'global leader in free trade' image
Source : BBC [Read Article] Saturday 3rd of September 2016 01:45:25 PM
....The assurance comes as she faces a row with Beijing over a delayed decision on the Hinkley Point power station. At the summit, Mrs May will meet one-to-one with US President Barack Obama. ...

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