US

The US President Donald Trump again Proposes an Interest Rate Cut
30Apr By Alan LorenzNo Comments
Business, News, US

The US President Donald Trump again Proposes an Interest Rate Cut

The US President Donald Trump again Proposes an Interest Rate Cut. If the umbrella of central banks in the United States lowered interest rates by 1 percentage point, the economy would go up like a rocket.   That is at least the prediction of President Donald Trump. The American also advocates an extension of a bond-buying program. Trump threw his message into the world via Twitter. He added that the US economy is doing very well with 3.2 percent growth, but with the current low inflation, there would be new records in the making if the Fed let its ears hangover to the president. He also referred to the national debt, which would then be much lower in proportion. Trump has repeatedly criticised the Fed and believes that the umbrella of central banks should do more for the economy...
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American Activists Occupy the Venezuelan Embassy in Washington
26Apr By Alan LorenzNo Comments
US, News

American Activists Occupy the Venezuelan Embassy in Washington

American Activists Occupy the Venezuelan Embassy in Washington. The political crisis in Venezuela has added a new stage to the battle: the bitter power struggle between left-wing President Nicolás Maduro and opposition leader Juan Guaidó is now taking place at the Venezuelan embassy in Washington DC.   American activists occupy the building in solidarity with President Maduro. In this way, they want to prevent representatives of the self-proclaimed interim president Juan Guaidó from taking up residence there. As a result of the Trump government's recognition of self-proclaimed interim president Juan Guaidó, the diplomatic representatives of the left-wing Maduro administration were ordered to make room for the opposition. The embassy staff received an ultimatum from the US governme...
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United States ‘Miles And Miles’ Away From A Trade Deal With China
25Jan By Eunice MontjoyNo Comments
US, China, News

United States ‘Miles And Miles’ Away From A Trade Deal With China

United States 'miles and miles' Away from a Trade deal with China. The United States is still "miles and miles" away from a trade deal with China, as US trade minister Wilbur Ross said, according to the reports.   According to Ross, that should not be a big surprise, because everything is so "complex". After all, there are a lot of concerns, he stated. Ross also referred to "structural reforms" that the Americans believe are needed in China. There should also be the discussion of punitive measures that can be imposed if parties do not keep to agreements. The US and China have previously agreed on a cease-fire in the trade war, with no new tariffs being forced. The deadline expires on 1 March. In the eyes of Ross, there is also time left to cut through. President Donald Trump ha...
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Uber Is Allowed To Leave The Road Again With Self-Driving Cars
18Dec By Eunice MontjoyNo Comments
US, Business, News

Uber Is Allowed To Leave The Road Again With Self-Driving Cars

Uber is Allowed to leave the Road again with Self-driving Cars. The American city of Pittsburgh has given Uber permission to test self-driving cars on public roads again.   The tests were stopped in March after an accident fell in a crash. Uber received approval from the Department of Transportation in the state of Pennsylvania, according to the reports. An Uber spokesperson affirms the approval but states that the tests have not yet begun. "We have not yet put self-driving cars back on the road." Nine months ago, a self-driving car from Uber got involved in a deadly accident. Then the company immediately halted its tests. Research later showed that the human driver, who must intervene when essential, was misled. It was then too late to intervene to avoid the victim. Uber di...
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Rabobank Investigates The Sale Of Activities In The United States
13Nov By Eunice MontjoyNo Comments
US, Business, News

Rabobank Investigates The Sale Of Activities In The United States

Rabobank Investigates the sale of Activities in the United States. Rabobank is investigating the sale of activities in the United States, according to the reports by insiders.   The deal could result in more than 1 billion dollars. These were parts of the American branch of Rabobank that are engaged in asset management and services to retailers. Rabobank N.A., as that American branch is called,  according to data from the Federal Reserve, total assets worth $ 13.5 billion. In 2014, we also observed at a sale of the same parts, but that was not followed up. It later became known that justice in the US investigated Rabobank because of the processing of different payments. The bank eventually had to pay $ 368 million for that matter.
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Trump Wants To Make A Post From China More Expensive
17Oct By Eunice MontjoyNo Comments
US, China, News

Trump Wants To Make A Post From China More Expensive

Trump Wants to make a Post from China more Expensive. Donald Trump has reportedly invented something new to hit China in its trade dispute with the Asian country.   According to reports, the US president plans to withdraw the United States from a 144-year-old postal treaty. This treaty specifies that Chinese companies can send small packages to the US at an advantageous rate. They say that the White House may already come with an official announcement on Wednesday. Earlier this week, Trump alluded to additional import duties on Chinese products in a television interview. The US has already set tariffs for a total of 190 billion pounds worth of Chinese goods in three different rounds. The idea of tackling this profitable postal treaty for China now falls well in pa...
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Leave Campaign Defends against Violations of Electoral Law in Brexit
5Jul By Alan LorenzNo Comments
Politics, Europe, News, US

Leave Campaign Defends against Violations of Electoral Law in Brexit

The director of the official campaign for the departure of Great Britain from the European Union, Vote Leave, has today denied that his organisation had committed irregularities in the run-up to the referendum in June 2016. The reason is the forthcoming publication of a report from the British Electoral Commission, in which an overrun of the expenditure ceiling and violations on the electoral law would be determined. According to director Matthew Elliott, the electoral commission will denounce in its report that Vote Leave has tampered with the accounts. "Their initial conclusion is that we have exceeded the expenditure ceiling, that we donated to another group during the campaign, which we should not have done", he said on Sky News. Central to the report is a donation of more than 60...
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Angela Merkel Warns Against The Outbreak Of Real Trade War
4Jul By Alan LorenzNo Comments
Germany, Business, China, International, News, US

Angela Merkel Warns Against The Outbreak Of Real Trade War

Angela Merkel warns Against the Outbreak of real Trade War. German Chancellor Angela Merkel warns that a "real trade war" will arise if the US introduces additional import tariffs on European cars, reports The Greater.   The German Chancellor does not yet want to speak of a "trade war", but calls it a "trade conflict", German media write Wednesday. "It is worth every effort to ensure that this dispute does not turn into a real war," said Merkel on Wednesday in the German Bundestag. The import tariffs on European cars are, according to her, "much more serious" than the previously added tax on imports of European steel and aluminium. According to the German Chancellor, the financial crisis shows that cooperation works better than unilateral measures. "The international financial c...
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Business Activity in the British Services Sector is Increasing
4Jul By Alan LorenzNo Comments
Business, Local, News, US

Business Activity in the British Services Sector is Increasing

Business Activity in the British Services Sector is Increasing. The activity in the British services sector grew at a faster pace in June, reports Press Cube.   This appeared Wednesday from the purchasing managers index of IHS Markit and CIPS. The index rose from 54.0 in May to 55.1 in June, the most substantial increase since October 2017. A decrease was expected to 53.5. Previously, the purchasing managers' index for British industry remained stable in June compared to May. An index of more than 50 indicates that there is growth, while a figure below 50 means that the industry is shrinking.
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Trump puts NATO Under Pressure Over Defence Budget
4Jul By Alan LorenzNo Comments
Politics, Europe, International, News, US

Trump puts NATO Under Pressure Over Defence Budget

Trump puts NATO Under Pressure Over Defence Budget. US President Donald Trump is putting NATO countries under pressure to spend more money on defence, writes Hope News.   At the NATO summit, next week in Brussels, he will tell the participating nations that the United States is not the "biggest piggy bank in the world", his spokesperson said. Yesterday, it was already known through The New York Times that Trump sent several NATO countries, including the Netherlands, a firm letter urging the countries to increase their defence spending to 2 percent of the gross domestic product, as agreed in 2014. In the letter, Trump would implicitly threaten with a reduced US military presence in Europe. Just last week it became known that the Pentagon is investigating the reduction of American ...
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