An excerpt from the book quoted in an article by The Post details the incident, which took place during a meeting in July 2017, which had been called by the president's national security team at the time in order to brief him on the US' role in the global order. … [Read more...] about Trump called top officials ‘losers, dopes and babies’: Report
Trump world tower
The CPB brings out a World Trade Monitor every month, which contains a seasonally adjusted index of world trade volumes. The trade data for the month of October 2018 is now out. The data shows that world trade volume in October 2018 was up 4.7 percent from a year ago. In October 2017, world trade was up 4.6 percent year-on-year, which shows hardly any change. … [Read more...] about 100-word take | Trump trade wars have had hardly any impact on global trade so far
Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Quick Take | US Fed Chairman refuses to play Santa to the markets
Is it just a scare then, an excuse to book profits? Or has something changed fundamentally? One thing that seems to have changed is the stance of the US Federal Reserve. Its chairman Jerome Powell appears unfazed by the tantrums thrown by the market. His remark that the contraction of the US Fed’s balance sheet is on autopilot is not music to investors’ ears. Donald Trump has threatened to fire him for derailing the economy. … [Read more...] about Opinion | What spooked global markets?