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How four years of war in Ukraine has left one million on the breadline

“As winter begins in war-torn Eastern Ukraine, Alla Gapeshina manages a laugh while discussing how her family will survive the desolate cold months” writes Michael Fabricant for telegraph.co.uk. “We’ll have potatoes breakfast, lunch and dinner,” she says, standing in her rocket-damaged home. “Food can be scarce, but we won’t starve,” says Ms Gapeshina, 58, who lives  in the separatist-controlled village of Alexandrovka and works at a hospital cafeteria. “We’ll survive the winter.” Nearly a million people are struggling to eat in Eastern Ukraine, the coldest humanitarian crisis in the world,…

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The CEO behind IHOP and Applebee’s perfectly illustrates how US restaurants could be one of the biggest winners of Trump’s trade war

“In response to Trump’s tariffs, countries like China, Canada, and Mexico responded with tariffs of their own on US agricultural goods” writes Kate Taylor for businessinsider.com. While President Donald Trump’s tariffs may be bad news for retailers like Walmart and Costco, the CEO of IHOP and Applebee’s says those chains are set to profit.The cuts on the agricultural products means that ingredients for the food used at IHOP and Applebee’s gets cheaper.Combined, IHOP and Applebee’s purchase billions of dollars of food each year, Joyce said. Source: businessinsider.com Share This:

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Pence vows no end to tariffs until China bows

“History has shown that confrontation, whether in the form of a Cold War, hot war, or trade war will produce no winners,” said Xi” writes Midwest Communications Inc for 95kqds.com. PORT MORESBY (Reuters) – The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Saturday. Source: 95kqds.com Share This:

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Trade war is costing Washington dearly | Editorial

“Dan Newhouse, a Republican farmer in Sunnyside, acknowledges everyone is hurt by a long-term trade war” writes The Seattle Times for seattletimes.com. This is complicated for Washington, the most trade dependent state, with 40 percent of jobs dependent on global trade.Yet growers and other Washington companies will benefit if tariffs get China, the primary target in this trade dispute, to address longstanding problems.In the current trade dispute, Americans have little choice, for now, other than to support Trump’s brinkmanship.They began as a nearsighted, political move to protect steel and aluminum…

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A top economist warns Trump’s China trade war is doing more damage to the US economy than people think

“Carpenter’s warning about the negative impacts of the trade war are the latest in a chorus of warnings about the consequences of the president’s policies” reports businessinsider.com. Yet much of Trump’s reasoning behind the trade war is to reinvigorate the US manufacturing sector.Earlier this week, for instance, the world’s biggest shipping company, Maersk, argued that the trade war is already having a material impact on global trade. UBS forecasts that annualized growth in the second quarter of 2019 will be around 2.7%.He pointed to official UBS forecasts, which see annualized…

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GBP Markets News 

Gold prices hit one-week high amid Brexit turmoil

“Among other precious metals, palladium edged 0.3 percent lower to $1,153.50 per ounce, having hit a record high of $1,178.30 per ounce in the previous session” writes unknown author for cnbc.com. Spot gold was up 0.2 percent at $1,215.07 per ounce, as of 0445 GMT. Earlier in the session, the bullion hit $1,216.79, its highest since Nov. 9.”The issues around Brexit have invigorated a little bit of safe-haven buyingin the market …The focus of the market has turned slightly to geopolitical issues at the moment,” said ANZ analyst Daniel Hynes. Source:…

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Exclusive: China offer unlikely to spur major trade war breakthrough – senior U.S. official

“Beijing provided the Trump administration with its document earlier this week, responding to a months-long request from U.S. officials to jumpstart trade talks, Reuters reported on Wednesday” writes Midwest Communications Inc for 95kqds.com. But the offer should be viewed with skepticism, the official said, in part because China has previously made promises on economic and trade reforms that it had not fulfilled.WASHINGTON (Reuters) – China’s written response to U.S. demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this…

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Trump Gets NATO Backwards

“Twice in the first half of the 20th century, the United States went to Europe to end wars that had engulfed the world” writes President Of The for theatlantic.com. The bargain has been straightforward: America gets bases and a guarantee that we won’t have to fight alone; European allies get protection from the world’s foremost military. Source: theatlantic.com Share This:

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As Ebola spreads, U.S. won’t enter Congo war zone

“A few seasoned Ebola experts from the CDC were withdrawn from Beni in late August after an attack by an armed group against a Congolese military location along a road close to where the team was traveling, according to a senior U.S. Embassy official in Congo” writes Lena H for latimes.com. No U.S. government personnel or other Ebola responders were targeted or in the immediate area of that attack. Source: latimes.com Share This:

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