Trump Postpones Trade Talks With China

US President Donald Trump said on Tuesday that he has postponed trade talks with China, adding that he does not want to talk to China at this time. Asked if he would withdraw from the trade deal with China, Trump said he would look into the matter. On Saturday, representatives …

Read More »

UK Annualized CPI Beats Estimates

The UK Consumer Prices Index (CPI) 12-month rate came in at +1.0% in July compared to +0.6% in June while beating expectations of a +0.6%, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) came at +1.8% YoY …

Read More »

Trudeau Appoints His Deputy as Finance Minister

The Canadian Prime Minister, Justin Trudeau, has appointed on Tuesday the Deputy PM, Chrystia Freeland, as Canada’s new Minister of Finance. This comes after the resignation of Bill Morneau from the post on Monday, reportedly due to disagreements with the Prime Minister. Freeland was Canada’s lead negotiator in talks for …

Read More »