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December 6, 2019
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Japan launches $122 billion stimulus to fight trade risks, post-Olympic slump

Reuters
TOKYO (Reuters) – Japan’s cabinet approved a $122 billion fiscal package on Thursday to support stalling growth in the world’s third-largest economy amid offshore risks and as policymakers look to sustain activity beyond the 2020 Tokyo Olympics. FILE PHOTO: Japan’s Prime Minister Shinzo Abe speaks at the ASEAN-Japan Summit in...
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Graphic: Gazing into the recession crystal ball

Reuters
NEW YORK (Reuters) – The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending. FILE PHOTO: Shipping containers are loaded onto a ship at Yusen Terminals (YTI) on...
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Trump says trade talks with China going ‘very well’

Reuters
U.S. President Donald Trump attends the NATO leaders summit in Watford, Britain December 4, 2019. REUTERS/Toby Melville WATFORD, England (Reuters) – U.S. President Donald Trump said on Wednesday that trade talks with China were going “very well,” sounding more positive than on Tuesday when he said a trade deal might...
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France fights back over U.S. tariff threat to Champagne, cheese

Reuters
PARIS/LONDON (Reuters) – France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs followed...
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Explainer: Macron’s quest for an international tax on digital services

Reuters
PARIS (Reuters) – The United States has threatened punitive duties of up to 100% on $2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. technology companies. FILE PHOTO: French President Emmanuel Macron is pictured through...
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France and EU say primed to retaliate over U.S. tariff threat

Reuters
PARIS (Reuters) – France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs came...
Reuters - Business

France says primed to retaliate with EU over U.S. tariff threat against Paris

Reuters
PARIS (Reuters) – France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday. FILE PHOTO: French Finance...
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France and EU ready to fight back over U.S. tariff threat, ministers say

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
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France and EU ready to fight back over U.S. tariff threat: French ministers

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
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China wants U.S. tariffs rolled back in phase one trade deal: Global Times

Reuters
FILE PHOTO: A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool BEIJING (Reuters) – Beijing’s top priority...
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Fed’s Brainard calls for ‘flexible’ average inflation target

Reuters
NEW YORK (Reuters) – The Federal Reserve should move from a strict 2% inflation target to a broad, “flexible” promise that inflation would average that level over time, a key member of the U.S. central bank’s board of governors said on Tuesday in one of the most explicit endorsements yet...
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Fed’s Powell: Monetary policy well positioned to support strong labor market

Reuters
PROVIDENCE (Reuters) – Monetary policy is “well positioned” to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday. FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell attends a presentation by the East Hartford CONNects, a Working...
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Wall Street Week Ahead: Conditions may be set for Santa Claus rally

Reuters
NEW YORK (Reuters) – (This November 22 story has been refiled to add dropped word in paragraph 12.) A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019....
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Saudi central bank says Aramco IPO not causing liquidity issues for banks

Reuters
RIYADH (Reuters) – Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday. Saudi Arabian Monetary Authority governor Ahmed al-Kholifey told Reuters on the sidelines of a...
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U.S. and China can still clinch phase 1 deal by end year: U.S. national security adviser

Reuters
U.S. National Security Advisor Robert C. O’Brien attends 7th ASEAN-United States Summit in Bangkok, Thailand, November 4, 2019. REUTERS/Soe Zeya Tun HALIFAX, Nova Scotia (Reuters) – United States national security adviser Robert O’Brien said on Saturday that a phase 1 trade agreement with China is still possible by the end...
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China attacks U.S. at G20 as the world’s biggest source of instability

Reuters
BEIJING (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan. FILE PHOTO – China’s top diplomat State Councillor...
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Take Five: A spanner in the global economic works

Reuters
(Reuters) – FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 11, 2019. REUTERS/Brendan McDermid 1/TRADE WINDS BUFFET GROWTH Can we have it both ways? For two decades, trade expansion has fueled rapid global economic growth. But with trade volumes...
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Dollar, global shares gain on Xi, Trump remarks

Reuters
NEW YORK (Reuters) – The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war. FILE PHOTO: Traders work on the floor at the...
Reuters - Business

Wall Street Weekahead: Conditions may be set for Santa Claus rally

Reuters
NEW YORK (Reuters) – A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019. FILE PHOTO: Hudson Maloney, son to specialist trader Gregg Maloney, is given a high...
Reuters - Business

Trump, Xi send positive signals on initial deal to defuse U.S.-China trade war

Reuters
BEIJING/WASHINGTON (Reuters) – The leaders of the United States and China on Friday both underscored their desire to sign an initial trade deal and defuse a 16-month tariff war that has lowered global growth, providing a welcome boost to financial markets. Chinese President Xi Jinping, in rare comments on the...

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