Reuters (March 18)
Top banking heads in Australia believe the Trump administration’s “protectionist policies would likely strain the global economy in the medium term with higher costs and lack of certainty.” However, they believe Australia is “better placed than Canada, which sells 85% of its exports to the U.S.” In contrast, Australia’s U.S. exports are, “small compared to its overall export trade,” amounting annually to only about $15 billion.
Tags: $15 billion, Australia, Banking, Canada, Certainty, Exports, Global economy, Higher costs, Protectionist policies, Strain, Trade, Trump administration
Bloomberg (October 15)
“Europe’s saga has taken a new turn. At its last meeting, the European Central Bank seemed in no hurry to cut rates further. Now expectation has shifted to virtual certainty that a rate cut is coming. Indeed, market participants expect the ECB to cut rates in almost perfect synchronization with the Federal Reserve.”
Tags: Certainty, ECB, Europe, Expectation, Fed, Market participants, Rate cut, Saga, Synchronization
Washington Post (October 21)
“Brexit has consistently proved to be unpredictable. After more than three years, there does appear to be one certainty, however: Whatever happens, Brexit won’t just be ‘done,’ as Johnson is suggesting.” The potential departure of Northern Ireland or Scotland from the UK and other “concerns that have been on Britons’ minds in recent years” will “remain a risk.”
Tags: Brexit, Certainty, Concerns, Johnson, Northern Ireland, Scotland, UK, Unpredictable
