Markets
US Asks Google To Shun China Search Engine Project
He warned Beijing that the USA "will not be intimidated" and "will not stand down". "The Chinese Communist Party is turning plowshares into swords on a massive scale", Pence said in a speech at the Hudson Institute in Washington , D.C. [Full Article...]
Trump Aims to Model New Trade Deals on Revised Nafta
Canada and the USA have agreed a basis for the revised North American Free Trade Agreement (NAFTA), reaching a compromise in late-night talks on Sunday after months of stand-off. While much of the new USMCA trade deal is focused on exchanging consumable goods such as dairy and meat products, the automotive sector saw many changes. [Full Article...]
Devolver Announce The First Marijuana Tycoon Game, Weedcraft Inc
Weedcraft is the work of Polish studio Vile Monarch (who previously developed Oh Sir: The Insult Simulator and barbarian RTS Crush Your Friends), and is pitched as an exploration of "the financial, political and cultural aspects of the country's complex relationship with this troublesome and promising plant". [Full Article...]
Fuel duty to be frozen for a ninth year in a row
Phillip Hammond previously hinted that fuel duty might rise in the October Budget to part-fund the NHS. The chancellor, Philip Hammond , took the unusual step of pointing out the cost of the policy when it was announced on Wednesday. They are the people this party exists for. The move was criticised by environmental campaigners. Claire Haigh, Chief Executive of campaign group Greener Journe... [Full Article...]
Prime Minister pledges compensation for dairy farmers hit by USMCA deal
Still, Trump will be able to crow victory. "It's largely political, a reflection of the fact that the large battle the U.S.is engaged in is with China". The deal will be signed in November and will be submitted to Congress for approval at the beginning of 2019. But NAFTA encouraged factories to move to Mexico to take advantage of low-wage labour. [Full Article...]
U.S. vice president says China interfering in American politics
Pence was to address the issue, saying that the USA intelligence community has determined that China is targeting U.S. state and local governments and officials to exploit any divisions between federal and local levels on policy. Pence also accused China of "reckless harassment" because of an incident on Sunday in which a US destroyer, the Decatur , traveled within 12 nautical miles of Gaven and ... [Full Article...]
Centre announces ₹2.5 cut in fuel prices, urges States to match it
Sources said the Centre has also urged the State governments to slash taxes on petrol and diesel which will is likely to further reduce the prices by at least Rs 5 per litre. For state-owned fuel retailers absorbing Re 1 per litre price would mean about Rs 10,700 crore dent in their revenue on an annualised basis. "The Brent oil since yesterday has crossed 86$/bbl which is the highest in the l... [Full Article...]
USA president cheers new USMCA trade deal, heralds end of NAFTA era
Some of the key differences: increased dairy-market access for the United States, a new sunset clause, and tougher auto rules . "We still have a couple of tough issues, so we're doing our best". As for the difference in quality between Canadian and American products, Bonnet says they are quite similar. "We're disappointed", Francois Legault, head of front-running Coalition Avenir Quebec, told ... [Full Article...]