The U.S. won’t just hurt its own credibility if it pulls out of the Iran nuclear deal, it will also make it more difficult to pursue dialogue with North Korea, Chinese state media said in an editorial published on Friday morning. President Donald Trump said Tuesday at the U.N. General Assembly that the 2015 nuclear […]
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European stocks seen lower on geopolitics; Brexit speech from UK PM on the radar
European stocks are seen lower Friday morning as geopolitical concerns take center stage. The FTSE 100 is seen down by 29 points at 7,235; the DAX is set to start off by 48 points at 12,559 and the CAC 40 is seen lower by 12 points at 5,259. Investors are set to take cues from […]
Read moreFINANCIERS with PhDs like to remind each other to “read your Kindleberger”. The rare academic who could speak fluently to bureaucrats and normal people, Charles Kindleberger designed the Marshall Plan and wrote vast economic histories worthy of Tolstoy. “Read your Kindleberger” is just a coded way of saying “don’t forget this has all happened before”. […]
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German elections: Why hungry stock traders should be wary of Sunday's vote
German and broader European equities have enjoyed a stellar start to the year but during a bumpy summer stocks retraced many of those gains. Recent weeks have seen their fortunes improve once again but past performance suggests that the upcoming German Federal election scheduled for this Sunday, September 24, could threaten some of the current […]
Read moreGermans are heading to the polls on Sunday September 24 for a federal election which will ultimately decide whether the incumbent chancellor, Angela Merkel, has another four years in power. Polling stations open on Sunday morning and close at 6:00 p.m. local time (12:00 noon ET) and soon after, public broadcasters Das Erste and ZDF […]
Read moreSouth Korea on Thursday approved $8 million worth of humanitarian aid for Pyongyang in a move likely to muddle international efforts aimed at isolating the nuclear-armed state. The package will include $4.5 million in nutritional products for children and pregnant women through the World Food Program in addition to $3.5 million worth of vaccines and […]
Read moreNorth Korean Minister of Foreign Affairs Ri Yong Ho said that his country may consider a test of a hydrogen bomb in the Pacific Ocean, according to a report from South Korea’s official news agency Yonhap. Ri said the potential test of “the most powerful detonation of an H-bomb” would be one possible “highest-level” action […]
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