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17.09.2018

US: To seek trade solution with China

Following US President Trump’s threat to impose steep tariffs on a huge range of Chinese goods, the White House officials has invited China to hold new talks on their escalating trade conflicts. A spokesman from...

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10.09.2018

US: Trade deficit jumps to 5-month high in July

The US Department of Commerce reported that US’s goods and services deficit stood at US$50.1 billion in July, widened from US$45.7 billion in June and has reached the highest level since February, as imports hit an all-time high and...

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03.09.2018

Argentina: Central bank lifts interest rate to 60%

Argentina’s central bank has lifted its benchmark interest rate from 45% to 60%, the fifth rate hike this year, in an effort to stem a slide in the Argentine peso which plunged to a record low. Last week, Argentina’s president...

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