British lawmakers overwhelmingly rejected Prime Minister Theresa May’s European Union divorce deal on Tuesday, putting Britain deeper into crisis and forcing parliament to decide in coming days whether to back a no-deal Brexit or seek a last-minute delay. House...
US President Donald Trump said an ‘epic’ trade deal with China was near completion but he ruled out announcing a date for a meeting with his counterpart Xi Jinping until a deal is reached.
New year, new problems. At least that appears to be the case for the markets. After glorious record highs in 2018, the year we left behind turned into an excruciatingly volatile roller coaster towards its closing chapter for the...
US Treasury Secretary Steven Mnuchin said the US and China could seal a trade deal with two more rounds of high-level talks.
The Beijing round
Mnuchin together with the US Trade...
EU leaders gave Britain six more months to leave the bloc, more than PM May requested but less than many in the bloc wanted, thanks to resistance from France.
Strings attached
The UK Parliament failed to pass any of four Brexit alternatives in Monday’s indicative votes. The option to keep Britain in a customs union with the EU almost got a majority, missing just three votes. An alternative to hold...
British lawmakers will seek to use a vote on the government’s next steps on Brexit to try to find a majority for an alternative way forward that would break the parliamentary deadlock.
Cabinet coup underway?
Prime Minister Theresa May’s cabinet is...
Britain’s parliament rejected a no-deal Brexit under any circumstances by voting 312–308 on Wednesday. Then, in another vote, they supported that decision by 321 to 278 saying the UK should not leave the EU without a deal specifically on...
After months of tit-for-tat tariff battle, progress in China-US trade talks and deadline postponement made markets rally on Monday. The world’s two biggest economies are “very, very, close” to a deal, President Trump told US state governors.
China still under...
US President Trump said on Wednesday that he predicts either a “good deal” or no deal between the world’s two largest economies as US-China trade talks progress via video conferences.
American trade deficit at its highest ever
The US goods trade...
