Oct 31 (Reuters) – Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping. Investors accumulated a net $10.58 billion worth of global equity funds, extending their…
German Vice-Chancellor Lars Klingbeil is set to chair talks between his Social Democrat Party (SPD) and the Chinese Communist Party (CCP) in Beijing next month, even after Foreign Minister Johann Wadephul was forced to postpone a trip to China after being unable to arrange enough meetings. Klingbeil is the leader of the SPD, but also…
Reform UK faces scrutiny transitioning from protest to power Local government efficiency push modelled on Musk’s DOGE Farage seeks experienced defectors to bolster party’s clout National cost-cutting plans dismissed by economists as unrealistic NORTHAMPTON, England, Oct 29 (Reuters) – Britain’s Reform UK has surged in popularity on the back of fiery rhetoric against illegal immigrants,…
In a dramatic speech in Berlin on Saturday, European Commission President Ursula von der Leyen painted a dystopian picture of today’s world as she reiterated her calls for an independent Europe. “Europe is facing up to another seismic change in the way the global economy works. We may be approaching a shift in the international…
Oct 27 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets Sign up here. Trade and inflation relief are driving world stock markets sharply higher on Monday, as we begin a packed week of big central bank meetings and heavyweight tech earnings. I’ll get…
Chinese Premier Li Qiang on Monday urged the European Union to steer their ties in the “right direction” and address trade discord through dialogue as Beijing and Brussels continue struggling to see eye to eye. At a bilateral meeting with European Council President Antonio Costa in Kuala Lumpur, Malaysia, Li said Beijing was willing to…
British prime minister Keir Starmer on Friday urged allies to “finish the job” on Russian assets as he told Ukraine’s President Volodymyr zelenskyy in London there was more that they could do to bolster Kyiv’s long-range missile capability.Starmer met zelenskyy at his London residence before holding talks with Ukraine’s key backers. Trump’s Tomahawk Snub ‘FORCES’…
new video loaded: United States and European Union Impose Sanctions on Russia transcript Back transcript United States and European Union Impose Sanctions on Russia President Trump announced sanctions on Lukoil and Rosneft, Russia’s two largest oil companies, while restrictions by the European Union included a ban on imports of Russian liquefied natural gas. “They’re massive…
The use of economic tools to serve national interests is hardly new. But in the 21st century, such instruments – ranging from unlawful economic coercion to lawful but harmful trade remedies – have become central to the strategic competition between the United States and China. Because the two countries are highly economically interdependent, the weaponisation…
Earlier this week, the European Union disclosed plans that it could force Chinese firms to hand over technology and intellectual property to European companies if they want to operate locally. That is ironic as it seems only yesterday that Westerners were accusing China of forced tech transfer and violating intellectual property rights. The latest push…