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October 18, 2021

Trade

UK plans to beef up military deployments in Asia

CNBC
CNBC – For more and to sign up click here Helicopters and F-35 fighter planes aboard Royal Navy flagship HMS Queen Elizabeth, docked at Changi Naval Base in Singapore. Victor Loh, CNBC SINGAPORE — The United Kingdom plans to increase its presence in the contested South China Sea and the......

Sources: Ravens receiving trade inquiries on RBs

ESPN
The Baltimore Ravens, after losing three running backs to season-ending injuries during the preseason and then scrambling to replace them, have received trade inquiries from teams interested in their current group of running backs, league sources told ESPN. The Ravens may not end up trading any of their running backs,......

India’s trade minister to meet Chinese counterpart on Tuesday

Reuters
Piyush Goyal, India’s Minister of Railways and Minister of Commerce and Industry, attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Denis Balibouse NEW DELHI, Oct 11 (Reuters) – India’s Trade Minister Piyush Goyal will have a one-on-one meeting with his......

Nets’ Kyrie Irving FAQ: Home games in question, trade talk, contract status and more

ESPN
With less than two weeks until the start of the regular season, the uncertainty around Brooklyn Nets guard Kyrie Irving continues to swirl. The Nets listed Irving, 29, as ineligible to play in Friday’s preseason game against the defending champion Milwaukee Bucks. New York City’s COVID-19 protocols allow only NBA......

Russia offered to pump more gas to Europe. But analysts doubt that’s ever going to happen

CNBC
CNBC – For more and to sign up click here A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images LONDON — Winter......

Bourbon distillers face big tax bills and higher tariffs after a record year for production

CNBC
CNBC – For more and to sign up click here Barrels of bourbon are stacked in a barrel house at the Jim Beam Distillery on February 17, 2020 in Clermont, Kentucky. Bryan Woolston Getty Images WASHINGTON – For the first time there are more than 10 million barrels of bourbon......

Parting gift: Pats trade CB Gilmore to Panthers

ESPN
The Carolina Panthers have acquired Stephon Gilmore in a trade with the New England Patriots, who were unable to agree with the star cornerback on a restructured deal. The Patriots initially were planning to release Gilmore on Wednesday, a source told ESPN’s Adam Schefter, but ultimately traded the four-time Pro......

U.S.-China talks will be difficult, but reengagement is the right strategy, expert says

CNBC
CNBC – For more and to sign up click here U.S.-China talks will be “extremely tough sledding,” but reengagement is the correct strategy to take, according to a vice president and managing director of a U.S.-based think tank. Wendy Cutler of the Asia Society Policy Institute’s comments came after U.S.......

Matt Ryan: Falcons quarterback says trade request rumor is false

Sports Illustrated
SI – For more and to sign up click here Madeline Coleman Falcons quarterback Matt Ryan denied a report from The Washington Times that he wants out of Atlanta, telling The Athletic that it is “false” and “ridiculous.” A sports columnist for The Times tweeted on Sunday that he heard Ryan “wants......

U.S. services activity inches forward; trade deficit jumps to record high

Reuters
Shipping containers are seen at the port in Bayonne, New Jersey, U.S., August 21, 2021. REUTERS/Andrew Kelly/Files Services sector activity edges up in September Trade deficit surges 4.2% to $73.3 billion in August Imports increase 1.4%; exports gain 0.5% WASHINGTON, Oct 5 (Reuters) – U.S. services industry activity nudged up......

China trade threats could backfire

Reuters
U.S. President Joe Biden speaks before receiving his coronavirus disease (COVID-19) booster vaccination in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., September 27, 2021. REUTERS/Kevin Lamarque WASHINGTON, Oct 4 (Reuters Breakingviews) – U.S. President Joe Biden faces bad tradeoffs in a tiff......

China needs coal, and Australia has it. But something’s standing in the way

CNBC
CNBC – For more and to sign up click here Workers cut up coal carts in Dec. 2019 at a coal mine in Mentougou, west of Beijing, where many mines have been shut as China scrambles to cut carbon emissions. Greg Baker | AFP | Getty Images China needs to......

U.S. will use all steps necessary to defend its economic interests against China, top trade official says

CNBC
CNBC – For more and to sign up click here WASHINGTON – U.S. Trade Representative Katherine Tai slammed China’s unfair trade practices and vowed to protect U.S. economic interests in a speech Monday, adding that the Biden administration will rally allies in order to push back on the world’s second-largest economy. “Our......

Global airline industry is expected to cut losses in 2022 by 78% to $12 billion in slow pandemic recovery

CNBC
CNBC – For more and to sign up click here A plane lands on the southern runway at London Heathrow Airport. US and EU travellers who are fully vaccinated against coronavirus will be allowed to enter England and Scotland without the need to quarantine from Monday. Steve Parsons | PA......

Biden’s new China trade plan echoes Trump’s, but assumes Beijing won’t change

Reuters
WASHINGTON, Oct 4 (Reuters) – Top U.S. trade negotiator Katherine Tai on Monday pledged to begin unwinding some tariffs imposed by former President Donald Trump on goods from China while pressing Beijing in “frank” talks in coming days over its failure to keep promises made in the Trump trade deal......

The Pandora Papers, Facebook Whistleblower, Biden To Reveal China Trade War Plan : Up First

NPR
NPR A leak of millions of documents reveals a financial universe where the global elite shields riches from taxes, criminal probes and public accountability. Also, a Facebook whistleblower says the company chooses profit over safety and should face regulation. And, the Biden administration is expected to lay out some of......

U.S. Signals Little Thaw in Trade Relations With China

New York Times
“Against the backdrop of worldwide opposition against Cold War and division, the United States blatantly violated its policy statement of not seeking a new Cold War and ganged up to form an Anglo-Saxon clique,” Wang Yi, the Chinese foreign minister, said on Sept. 28 in response to the Australian submarine......

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