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.... However, recent uncertain economic figures for the world’s largest economy, including retail sales, as well as the possible impact of the recent two storms means this is by no means certain. Meanwhile the Bank of England last week hinted it may increase rates in November, but while this gave an immediate boost to the pound, it only reverses the rise the Bank sanctioned in the immediate wake of the Brexit vote. ... [Read full article on Guardian ]
Monday 18th of September 2017 11:10:43 AM
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Latest Finance News related to Sanction

UK debt crisis and the onward march of neoliberalism | Letters image
Source : Guardian [Read Article] Thursday 21st of September 2017 06:39:04 PM
....• Beginning in 2011, the DWP has created a black hole of destitution into which it forces an ever increasing number of debtors. It starts with a benefit sanction for a minor offence. ...
Five reasons why global stock markets are surging | Nick Fletcher image
Source : Guardian [Read Article] Monday 18th of September 2017 11:10:43 AM
.... However, recent uncertain economic figures for the world’s largest economy, including retail sales, as well as the possible impact of the recent two storms means this is by no means certain. Meanwhile the Bank of England last week hinted it may increase rates in November, but while this gave an immediate boost to the pound, it only reverses the rise the Bank sanctioned in the immediate wake of the Brexit vote. ...
Bell Pottinger unlikely to honour payments to co-founder Tim Bell image
Source : Guardian [Read Article] Wednesday 13th of September 2017 01:42:52 PM
....In a statement BDO said that it is working with the “remaining partners and employees to seek an orderly transfer of Bell Pottinger’s clients to other firms in order to protect and realise value for creditors”. The Public Relations and Communications Association banned Bell Pottinger last week for at least five years, saying it had never before “passed down such a damning indictment of an agency’s behaviour” – an unprecedented sanction against a City PR firm of Bell Pottinger’s size. ...
Darling: Brexit would not have happened without banking crisis image
Source : Guardian [Read Article] Wednesday 13th of September 2017 12:16:45 PM
....Darling said sending bankers to prison would not have created a less toxic political backdrop. “It is very difficult to criminalise bad judgment,” he said, adding that sanctions imposed by City regulators were the most effective deterrence to bad behaviour. ...
Halfords and Prudential criticised over unpaid traineeships image
Source : Guardian [Read Article] Tuesday 12th of September 2017 05:00:26 AM
.... Participants can continue to claim benefits if they are eligible, but are otherwise unpaid. Traineeships, which were introduced in 2013, are under the spotlight as jobcentres across Britain prepare to sanction potentially thousands of young people if they do not agree to take up a traineeship, apprenticeship or work experience. ...
PR execs behaving badly... What else would you expect? | Catherine Bennett image
Source : Guardian [Read Article] Saturday 9th of September 2017 11:04:21 PM
.... They should have known, the PRCA said, “that the campaign was at risk of causing offence, including on the grounds of race”. The PRCA’s director general, Francis Ingham, said the company had “brought the PR and communications industry into disrepute with its actions and it has received the harshest possible sanctions”. ...
Transition deal keeping UK in EEA is worst of all worlds, says David Davis image
Source : Guardian [Read Article] Thursday 7th of September 2017 06:31:43 PM
.... “It is its very essence. The true saboteurs of Brexit are those who would sanction the exclusion of parliament from this process. ...
The City's timidity has let Sports Direct's Keith Hellawell survive | Nils Pratley image
....The complaints against Hellawell are well known and extend far beyond the failure to honour a promise to commission an independent review of working practices. He tolerated a lack of a permanent finance director for three years, ran into rows over bonuses, sanctioned trading arrangements with members of Ashley’s family and is seemingly happy with Sports Direct’s baffling habit of buying stakes in other retailers. ...
The Guardian view on EU migration: economically and culturally vital | Editorial image
.... EU migrants would be subject to an income test and would be stopped from bringing some family members. If they worked or resided in breach of the new rules, they would face criminal sanctions. ...
Seoul pleads with Vladimir Putin to help tame North Korea image
Source : Guardian [Read Article] Wednesday 6th of September 2017 01:38:42 AM
....Putin has said he opposes fresh economic measures against the regime. While he condemned North Korea’s provocations, Putin said further sanctions would be useless and ineffective, describing the measures as a “road to nowhere”. ...
Bell Pottinger expelled from PR trade body after South Africa racism row image
Source : Guardian [Read Article] Monday 4th of September 2017 05:59:00 PM
.... Both have previously denied such a relationship. “Bell Pottinger has brought the PR and communications industry into disrepute with its actions and has received the harshest possible sanctions,” said Francis Ingham, director general of the PRCA. ...
Bell Pottinger is a textbook example of how not to manage a crisis | Nils Pratley image
.... If the outfit had been allowed to remain in the trade body, all those fine words about professional standards would have been seen as worthless. The sanction makes Bell Pottinger’s business prospects substantially bleaker but that, presumably, is the point. ...
The longer Brexit stays up in the air, the higher the risk flights will be grounded image
....They are demanding that cabotage rights – which allows airlines to operate within other EU countries – be stripped from British-owned carriers that operate links throughout Europe. The reciprocal sanction – to ban access to British domestic routes for European carriers – would affect virtually no one. ...
Look under the bonnet and the US economy is in for a rough ride | Phillip Inman image
.... Britain and the US are among the countries where richer baby boomers vote to offload the problem to younger, lower-income groups, who must now borrow excessively just to make ends meet. Like it or not, low interest rates will be around for a decade or more unless older voters sanction their governments filling the void with taxpayer cash. ...
Gambling firm 888 fined record £7.8m for failing vulnerable customers image
Source : Guardian [Read Article] Thursday 31st of August 2017 07:37:18 AM
.... This penalty package of just under £8m reflects the seriousness of 888’s failings to protect vulnerable customers. “The 888 sanction package will ensure those affected don’t lose out, that the operator pays the price for its failings via a sum that will go to tackling gambling-related harm and that independent assurance will be given to see that lessons are learned. ...
Trump's trade policy on China won't win its help on North Korea | Jeffrey Frankel image
.... Even a conventional war would likely be catastrophic. Trade is relevant to the North Korean nuclear challenge, because strict economic sanctions by China – potentially including a halt in oil supplies – are probably the world’s best bet for stopping the North’s nuclear programme (in exchange for certain security guarantees from the US). ...
Bell Pottinger faces sanction over claims it stirred racial tension in South Africa image
. Bell Pottinger will be given a “disciplinary sanction” by the UK’s public relations trade body over allegations that the leading PR firm ran a secret campaign to stir up racial tension in South Africa on behalf of its billionaire clients. ...
Tax return fines: HMRC wrongly hunts ONE MILLION taxpayers for late filing penalties  image
.... . Anthony Thomas, chairman of the Low Incomes Tax Reform Group (LITRG), said in January: “We are anxious that people may feel somewhat panicked by penalty notices from HMRC and just pay financial sanctions for filing Self-Assessment forms late without considering that there may be a perfectly good reason for the delay in filing that may make them eligible for special treatment. ...
Bell Pottinger faces hearing over claims it stirred racial tension in South Africa image
....Rupert said Bell Pottinger’s contract with Richemont was cancelled after 15 to 18 years. As well as pressing for industry sanctions against Bell Pottinger, Maimane has written to a host of the PR firm’s biggest clients calling on them to drop the agency. ...
Armed police called to Heathrow over British Airways flight delay image
Source : Guardian [Read Article] Thursday 10th of August 2017 08:22:04 AM
....Should that go ahead, cabin crew will have been on strike for the whole of July and August, the union said, accusing BA of making a “half-hearted offer” in its attempt to alleviate the situation. Unite also said it was pursuing legal action over allegations that BA has imposed sanctions on striking staff. ...
Britain’s young suffer as austerity continues to take its toll | Letters image
....90 a week for the under-25s. Then it can be stopped for several months by a zero-hours contract or a benefit sanction. ...
British Airways cabin crew extend strike for further two weeks image
Source : Guardian [Read Article] Thursday 3rd of August 2017 12:23:42 PM
. British Airways cabin crew will strike for a further two weeks in August, including over the bank holiday weekend, in a long-running dispute over pay and staff sanctions. ...
HSBC shows what happens when a bank stops shooting itself in the foot | Nils Pratley image
....Mark Tucker becomes chair of HSBC in October. He should start by offering investors a firm pledge: if he is ever tempted to sanction a return to grandiose deal-making, he will lie down until the feeling goes away. ...
Qatar makes legal complaint to WTO over Gulf trade boycott image
Source : Guardian [Read Article] Monday 31st of July 2017 05:33:52 PM
....Qatar has filed a wide-ranging legal complaint at the World Trade Organisation to challenge a trade boycott by Saudi Arabia, Bahrain and United Arab Emirates, Qatar’s WTO representative Ali Alwaleed al-Thani has told Reuters. By formally “requesting consultations” with the three countries, the first step in a trade dispute, Qatar triggered a 60-day deadline for them to settle the complaint or face litigation at the WTO and potential retaliatory trade sanctions. ...
Revealed: the insidious creep of pseudo-public space in London image
Source : Guardian [Read Article] Monday 24th of July 2017 06:30:29 AM
....Outside City Hall on the south bank of the Thames, home to London’s democratically elected mayor and assembly, private security guards working for the More London estate (ultimately owned by the sovereign wealth fund of Kuwait) prevented the Guardian from carrying out any interviews. Security officers intervened within moments of a reporter attempting to ask questions of members of the public, and immediately escorted him to the security office where it was explained that unsanctioned journalistic activity is banned on the site. ...
Jared Kushner sealed real estate deal with oligarch's firm cited in money-laundering case image
....The scam had been uncovered by Sergei Magnitsky, an accountant who died in 2009 in a Moscow jail in suspicious circumstances. US sanctions against Russia imposed after Magnitsky’s death were a central topic of conversation at the notorious Trump Tower meeting last June between Kushner, Donald Trump Jr, Trump campaign manager Paul Manafort and a Russian lawyer with ties to the Kremlin. ...
Exxon fined $2m for violating Russia sanctions while Rex Tillerson was CEO image
. ExxonMobil showed “reckless disregard” in violating Russian sanctions while Rex Tillerson was the oil company’s CEO, the treasury department said on Thursday. ...
British Airways cabin crew extend strike into August holiday peak image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:25:45 PM
. Striking British Airways cabin crew have announced a further two weeks of action for the first half of August in their battle over pay and sanctions at the airline. ...
HBOS inquiry: the time for delays is over | Nils Pratley image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:28:07 PM
.... Indeed, as head of the Prudential Regulation Authority at the time, he was one of the authors of the damming 400-page report that declared that “ultimate responsibility for the failure of HBOS rests with its board”. That same report, however, left the question of sanctions against individuals in the air. ...
Cracking a joke about Wimbledon’s dress code | Brief letters image
Source : Guardian [Read Article] Sunday 16th of July 2017 04:35:55 PM
....4m. This is a company that was rewarded with a £100m profit last year, so not a particularly onerous sanction. ...
British Airways cabin crew strikers prepared for long haul image
Source : Guardian [Read Article] Saturday 15th of July 2017 03:00:09 PM
.... I just want a living wage. While a pay deal of 7% over three years has been agreed in principle, crew have refused to accept sanctions against those involved in earlier walkouts: the withdrawal of bonuses and travel perks. ...
Sexual harassment in Silicon Valley: have we reached a tipping point? image
....”. This power imbalance means that bad behavior often goes unpunished, particularly since there’s no codified professional framework to protect founders when they are interacting with investors: there’s no employment contract, no human resources department, and no sanctions for those who abuse their positions of power. ...
One by one, Brexit’s ‘salvations’ are seen to be illusory | Nick Cohen image
....Other countries have their national interests too. The supposedly omnipotent German car manufacturers did not stop Angela Merkel imposing sanctions on Russia after the invasion of Ukraine, even though sanctions hurt sales. ...
Ending austerity means increasing taxes or deficit, warns thinktank image
Source : Guardian [Read Article] Saturday 8th of July 2017 07:00:02 AM
. Philip Hammond will have to rip up the government’s deficit reduction plan or increase taxes for most of the population if he decides to end seven years of austerity by sanctioning higher public sector pay, reversing welfare cuts and providing extra cash for Whitehall departments, a thinktank has said. ...
'Battle mood' EU threatens bourbon whiskey in US steel trade row image
Source : Guardian [Read Article] Friday 7th of July 2017 11:17:26 AM
....Only two US presidents – Richard Nixon and Gerald Ford – have granted relief under section 232 of the 1962 trade law, citing national security concerns stemming from the global oil crisis of the 1970s. The European council president, Donald Tusk, also revealed some members of the G20 were opposing words in the draft communique supporting sanctions, and asset freezes being imposed on Libyan smugglers of refugees. ...
HMRC wins Rangers 'big tax case' ruling image
Source : BBC [Read Article] Wednesday 5th of July 2017 04:12:59 PM
....". It's unlikely the football authorities will have much appetite to sanction another investigation but that won't stop some calling for just that. ...
Russia's future looks bleak without economic and political reform | Kenneth Rogoff image
.... And, in the face of intense lobbying by powerful oligarchs, the CBR kept interest rates up to tame inflation, which had reached more than 15% but has since fallen to close to 4%. Of course, western sanctions – particularly restrictions on banks – have exacerbated the situation. ...
HBOS took £240m hit after 'serious control breakdown' in Reading image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:35:25 PM
.... The passage said: “A serious control breakdown in corporate’s Reading office was discovered in March 2007. “A senior member of staff had been sanctioning limits and additional facilities beyond the scope of his delegated lending authority undetected for at least three years. ...
Subway: What's behind the sandwich chain's UK success? image
Source : BBC [Read Article] Tuesday 4th of July 2017 03:32:42 PM
....It has faced questions about staff pay after the UK tax authorities found some of its franchisees were not paying the minimum wage. Mr Dowding said the company took action, but declined to say what sanctions it imposed on the seven franchisees. ...
Rupert Murdoch's Sky bid is now very likely to succeed image
Source : Guardian [Read Article] Thursday 29th of June 2017 03:01:16 PM
.... The allegations amount to “significant corporate failure” but Sky would still be a fit and proper organisation to hold a broadcast licence under 100% ownership by Fox. That outcome was expected since the regulatory threshold for removing a broadcast licence is high (Owen Oyston, who did suffer the sanction, was convicted of rape) and it would be a brave regulator that deprived the punters of live football, even temporarily. ...
Murdoch's Sky takeover bid: culture secretary's verdict due this week image
....Fox News was taken off air between 5am and 11pm on election day to avoid any issues with Ofcom. The company has never had a more serious sanction handed down by Ofcom, unlike UK broadcasters including ITV and the BBC which have both been fined for serious breaches. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
.... It has become clear to many of May’s advisers and close colleagues that the Tory party might not survive a second election this year without stealing some of Labour’s clothes. There is the possibility she will sanction scrapping, or dramatically reducing tuition fees, to nullify one of Labour’s most popular pledges. ...
BA cabin crew call two-week strike in July over pay dispute image
Source : Guardian [Read Article] Friday 16th of June 2017 01:51:16 PM
....Members of the Unite union rejected a deal that included bonuses and travel perks being withheld from crew who had taken action earlier in the year. Unite said they had called the action, which runs from 1 to 16 July, after the airline refused to accept the union’s final compromise position on the sanctioning of striking cabin crew. ...
Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
....EU officials are expected to announce in the coming weeks that the tech giant has been guilty of manipulating its search engine results to favour its new Google Shopping service, which offers price comparisons on products. The unprecedented sanction, if tabled, follows a seven-year investigation by Brussels. ...
Ex-Barclays director who backed Vote Leave appointed City minister image
Source : Guardian [Read Article] Wednesday 14th of June 2017 04:45:30 PM
....Barclay, according to his website, qualified as a solicitor before working in financial regulation and then financial crime prevention. He was director of regulatory affairs and then head of anti-money laundering and sanctions in the high street banking operations of Barclays. ...
Russia lifts sanctions on Turkish food in diplomatic thaw image
Source : BBC [Read Article] Friday 2nd of June 2017 02:18:40 PM
....The food ban affected many items, including fresh Turkish cucumbers, apples, pears, grapes, strawberries and chicken and turkey offal. Russia continues to ban imports of most Western food and drink, in retaliation for wide-ranging Western sanctions in place since Russia annexed Crimea in 2014. ...
Putin scorns US claims over Trump-Russia ties image
Source : BBC [Read Article] Friday 2nd of June 2017 11:58:17 AM
.... Do we need to give you a tablet?" he said in a debate at the St Petersburg Economic Forum. A US journalist had asked him if Russia had reached a secret deal with Mr Trump to soften US sanctions on Russia. ...
British Airways cabin crew to hold four-day strike over pay dispute image
....Unite members of the mixed fleet, set up in 2011 on inferior pay and conditions, will walk out from 16 June in a dispute over “poverty pay” at the airline. A proposed deal was reached in May, but one which included sanctions against crew who had been on strike and deprived low-paid staff of travel perks. ...
Ukraine raids offices of 'Russian Google' image
Source : BBC [Read Article] Tuesday 30th of May 2017 05:02:57 PM
....Yandex, which says it has 11 million users in Ukraine, denies doing so. The Ukrainian President, Petro Poroshenko, announced sanctions against the firm earlier this month. ...
Ofcom to review charges for calls to directory inquiries services image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
....Prices have increased by up to 17-fold since BT’s service was opened up to competition in 2003, but in 2013 Ofcom abandoned its own proposals to impose a cap on 118 call charges after protests from the telecoms industry. Instead, last year it sanctioned a top price bracket of £15. ...
The British (pitch) invasion image
Source : BBC [Read Article] Friday 26th of May 2017 09:47:31 PM
.... It meant that a duelling, politically combative pair of leagues came alive at the same time, both seeking control of the marketplace and of the game. They were the United Soccer Association (USA), headed by Cooke and his allies and sanctioned by the US soccer authorities and global governing body Fifa, and the "outlaw" National Professional Soccer League (NPSL). ...
Paradise in the Med image
Source : BBC [Read Article] Thursday 25th of May 2017 09:54:43 PM
.... He said the island had nothing to hide. Its corporate tax system was sanctioned by the Organisation for Economic Co-operation and Development (OECD) and is in line with the EU's freedom of establishment. ...
Oil bosses have given £390,000 to Tories under Theresa May image
Source : Guardian [Read Article] Tuesday 23rd of May 2017 05:00:43 AM
.... Vitol is a major trader in North Sea oil and owns VPI Immingham on the river Humber which provides power for oil refineries. The firm was fined £13m in 2007 after admitting payments to the Iraqi state oil company, and in 2012 was engaged in oil trade with Iran after EU sanctions had been put in place. ...
Ex-RBS boss Fred Goodwin returns to spotlight in £520m court battle image
.... He is being prepared for the case by his legal team at Clifford Chance who will be advising him on what to expect in court and prepare his formal witness statement. It is a civil case heard before a high court judge without a jury so Goodwin does not face any criminal sanction, but RBS is facing a compensation claim of £520m plus interest – which could take it up to £800m – from the investors. ...
General election 2017: 'Robin Hood tax' on City pledged by Labour image
....Mr McDonnell also said Labour would ensure "fairness" in the UK's tax system with a string of tax-avoidance measures. These include increasing the number of people investigating the tax affairs of the wealthiest individuals, banning companies involved in tax avoidance from public contracts, sanctions against "abusive" tax havens, and forcing MPs to publish details of any offshore financial interests. ...
I was conned by a fraudster pretending to be an Airbnb host image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
....I am taken aback by its attitude. The scam artist was able to place a listing and steal my money without any scrutiny or sanction. ...
Uber faces criminal probe in US over 'greyball' code image
Source : BBC [Read Article] Friday 5th of May 2017 08:51:04 AM
.... It helped Uber limit fraud and protect drivers from harm, it added. It is not clear what sanctions Uber will face if the investigation finds that it did act illegally. ...
Women make up same proportion of UK high earners as six years ago image
Source : Guardian [Read Article] Monday 1st of May 2017 11:01:11 PM
....“The expectation is that gender pay reporting will start to make an impact in the next few years,” said Watson. “However, there have been concerns that the new legislation lacks teeth as businesses that fail to report their gender pay figures will not face any sanctions and those that report particularly bad gender pay figures will simply be ‘named and shamed’. ...
As wind, wave and shale power converge, could this be the end for Opec? image
.... Global oil discoveries were at a record low in 2016, at 2. 4bn barrels compared with an average 9bn barrels over the past 15 years, and the number of projects sanctioned by companies was at a 70-year low. ...
Trump won't scrap Nafta trade deal 'at this time' image
Source : BBC [Read Article] Thursday 27th of April 2017 05:40:25 AM
....On Tuesday, the US lost a trade battle with the other Nafta signatory. The World Trade Organization ruled that Mexico could impose more than $160m (£125m) annually in sanctions against the US on commerce in tuna, capping a dispute dating back to 2008. ...
Trump 'considering draft order to scrap Nafta' image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:10:08 PM
....On Tuesday, the US lost a trade battle with the other Nafta signatory. The World Trade Organization ruled that Mexico could impose more than $160m (£125m) annually in sanctions against the US on commerce in tuna, capping a dispute dating to 2008. ...
Sports Direct staff supplier Transline faces administration image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:57:01 PM
...." . Sports Direct owner Mike Ashley recently sanctioned the appointment of a workers' representative to the firm's board in an attempt to improve the company's image. ...
Accountants Grant Thornton fined £2.3m over audit image
Source : BBC [Read Article] Monday 24th of April 2017 02:48:48 PM
...." . "This misconduct is rightly reflected in the seriousness of the sanctions, such as the exclusion of Mr Napper from membership of the ICAEW (Institute of Chartered Accountants of England and Wales) and the fines on both respondents. ...
Disney, the Gap and Pepsi urged to quit US Chamber of Commerce image
Source : Guardian [Read Article] Monday 24th of April 2017 11:00:17 AM
.... It has used its influence to fight anti-tobacco legislation across the world. The chamber campaigned against US sanctions on Russia after its incursions into Ukraine and Donohue met Egypt’s authoritarian president, Abdel Fatah al-Sisi, after his recent White House visit. ...
Exxon Mobil denied permission to resume Russian oil work image
Source : BBC [Read Article] Friday 21st of April 2017 08:47:11 PM
. Oil giant Exxon Mobil will not be allowed to resume drilling in Russia after US President Donald Trump vowed to uphold sanctions. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
.... António Horta-Osório, the bank’s chief executive, said it was a “moment of huge pride for all of us at Lloyds” that the government could say it has already reclaimed its money. Even so, it has taken much longer than expected during the financial crisis and has only been possible because Hammond was able to sanction the recent sales at a loss because of profits made from earlier transactions when the share price was higher. ...
Volkswagen to pay $2.8bn for cheating on US diesel emissions tests image
Source : Guardian [Read Article] Friday 21st of April 2017 03:38:12 PM
....VW admits that nearly 600,000 diesel cars in the US were programmed to turn on pollution controls during testing and off while on the road. VW attorney Jason Weinstein says the criminal fine is an “appropriate and serious sanction”. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....Iranian nationals living legally in the UK often have to go to extra lengths when opening a bank account and many who already with one have complained about their accounts being abruptly closed. Some banks refuse to explain why, while others cite sanctions against Iran as the main reason. ...
Germany wants a strong EU. Why would it allow Britain an easy Brexit? | Charles Grant image
.... They echo Merkel’s belief that the strength of the EU matters more than the loss of a bit of trade. And even where corporate pressure exists, German politicians have often privileged strategic interests over economics: big business has been lobbying against EU sanctions on Russia for the past two years – to no effect. ...
Sensors, scanners and surveillance: at the expo to outfit Trump's border wall image
.... It was the sound of US bureaucracy and capitalism putting bones on a policy conjured in June 2015 when the future president glided down a Trump tower escalator and called Mexicans rapists. The US could further bolster security by applying British-style sanctions against companies and landlords which employed and housed people in the country illegally, Tony Smith, the former head of Britain’s Border Agency, told the Guardian, after speaking on a panel. ...
Donald Trump: China 'not a currency manipulator' image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:59:49 PM
....Before the US election, Mr Trump likened this to "raping" the US, and promised to label China a currency manipulator on his first day in office. That would have triggered talks between the countries and potentially led to US sanctions - something experts warned would have prompted retaliation. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
....And if there is one constituency that Trump listens to consistently, it is business. Aggressive US trade sanctions against China would send equity prices plunging, alarming a US president who measures his economic policy success by the level of the stock market. ...
The Crusader: Trader falls victim to debt collector trying to get back money owed image
....While many small businesses do have insurance to protect them, claiming for a bad debt can hike up policy premiums so much it puts them off. That leaves them especially vulnerable to unscrupulous debt collectors in an industry where authorisations and sanctions vary widely. ...

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