DIPLOMACY – Merkel’s blunt speech sparks fears of rupture in transatlantic pact

German Chancellor Angela Merkel hinted that a major geostrategic shift may be under way when she told a Munich rally on Sunday that Europe must fight “for our destiny” in the wake of Brexit and an apparent US withdrawal from the world stage. Speaking to some 2,500 supporters at an election rally in Munich, Merkel said… Please follow and like us:

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US Treasury says China does not manipulate its currency

WASHINGTON — US Treasury Department on Friday declared that no major trading partner of the US, including China, met the standard of manipulating its currency, while six economies were listed on its Monitoring List as their foreign exchange polices bear close monitoring. In its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies, the… Please follow and like us:

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Analysts: Trump Could Target South Korea for Currency Manipulation

South Korean economic reforms, made in part to minimize the impact of a potential international financial crisis, make it a likely target for charges of unfair currency manipulation by the United States. There is growing concern in South Korea and in other emerging markets that the administration of U.S. President Donald Trump will use allegations of… Please follow and like us:

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