Asian markets are welcoming China’s concessions on Trump’s trade war Business Insider
A menu of factors affected stock markets on Thursday, from thawing US-China trade war, to global growth, to the European economy and Brexit.
Source: Google News
While some of Prime Minister Theresa May’s critics have denounced her draft Brexit deal with the European Union as betrayal of Britain’s interests, the European Union has also given ground in the unprecedented negotiations.
The Swiss government proposed on Friday continuing negotiations with the European Union on clinching a new treaty without making any major new concessions, adding it was committed to protecting high Swiss pay levels.
Italian Deputy Prime Minister Matteo Salvini denied on Friday having reached a deal with Germany to take back migrants who had already applied for asylum in Italy, saying he wanted more concessions from Berlin.
Thousands of people across Russia joined protests on Sunday against government plans to raise the pension age, despite recent promises by President Vladimir Putin to soften the unpopular measure.
Italy’s Transport Minister Danilo Toninelli said on Monday that the country would review its infrastructure concession system on a case-by-case basis to determine whether to nationalize some of them or renegotiate the contracts.
The lira weakened against the dollar on Tuesday after U.S. President Donald Trump said he would give Turkey no concessions in return for the release of a detained American pastor, the latest salvo in a worsening rift between the NATO allies.
“I think they’re making a terrible mistake,” he says of Turkey’s refusal to free Pastor Andrew Brunson.
Source: BBC News
U.S. President Donald Trump on Monday ruled out making any concessions to Turkey to gain the freedom of a detained American pastor and said he was not concerned that retaliatory tariffs he imposed will have a ripple effect and hurt the European economy.
Italy’s government on Friday formally launched the procedure to revoke concessions held by Autostrade per l’Italia to operate toll highways after the collapse of a bridge in Genoa caused at least 38 deaths, Prime Minister Giuseppe Conte said.
Malaysian Prime Minister Mahathir Mohamad arrives in China on Friday seeking to renegotiate, and perhaps cancel, billions of dollars worth of Chinese-invested projects entangled in domestic graft probes.
Every week, I offer a glimpse of the kind of intelligence assessments that are likely to come across the desk of the President of the United States. Modeled on the President’s Daily Briefing, or PDB, which the director of national intelligence prepares for the President almost daily, my Presidential Weekly Briefing focuses on the topics and issues the President needs to know to make informed decisions.
Pyongyang claims President Trump agreed to a “step-by-step” denuclearization process, rather than an immediate dismantling of its nuclear program.
Source: New York Times