News 

These 4 charts show how US-China trade has changed during the tariff dispute

“The U.S. and China are entangled in a trade war, and that’s hurting business and economic activity worldwide” writes Yen Nee Lee for cnbc.com. In a poll conducted by Reuters, around 80% of more than 60 economists responding said they expect the U.S.-China trade fight to either worsen or stay the same by the end of 2020. The two countries share $660 billion in trade between them in 2018, according to the U.S. Census Bureau, and here are four charts that show big ways that commerce is changing. Source: cnbc.com

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Markets News Oil 

Oil falls as optimism over US-China trade war fades

“Oil futures fell on Friday as optimism over an end to the U.S.-China trade war faded, leaving prices set for a weekly loss after days of wild gyrations” reports cnbc.com. Nearly 80% of more than 60 economists said U.S.-China trade relations would either worsen or stay the same by the end of next year.The hit to market confidence came as economists in a Reuters poll predicted the U.S.-China trade spat will worsen or at best stay the same over the coming year.Brent has traded in a range of nearly $5…

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Markets News Oil 

Oil falls as specter of U.S.-China trade war haunts market

“TOKYO (Reuters) – Oil futures fell on Friday as optimism over an end to the U.S.-China trade war faded, leaving prices set for a weekly loss after days of wild gyrations” writes Midwest Communications Inc for 95kqds.com. Nearly 80% of more than 60 economists said U.S.-China trade relations would either worsen or stay the same by the end of next year.The hit to market confidence came as economists in a Reuters poll predicted the U.S.-China trade spat will worsen or at best stay the same over the coming year.Brent has…

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News 

Plastic alternatives may worsen marine pollution, UK MPs warn

“Compostable and biodegradable plastics could add to marine pollution because there is no infrastructure in place to make sure they break down correctly, a committee of MPs has warned” writes Sandra Laville for theguardian.com. The use of alternatives to plastic are being adopted by many food and drink companies, takeaway coffee venues, cafes and retailers.Environmental NGOs told the committee that the rapid introduction of such alternatives could actually increase plastic pollution.The committee said it was shocking that the government had no idea how much plastic packaging was put on to…

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Markets News 

Intel CPU Shortage Could Worsen in Q2 2019, Opening Path for ARM, AMD

“These shortfalls have supposedly helped fuel growth at AMD, which shared its own Q4 2018 market share figures back in February” writes Joel Hruska for extremetech.com. The typical impact of seasonality has undoubtedly ameliorated some of Intel’s issues, but any sustained drop-off in data center demand should have freed up some capacity on that front as well.Supposedly AMD has gained further market share in mobile; DR reports 15.8 percent market share in Q1 2019, with expectations of 18 percent market share by Q2 2019 before declining again as the Intel…

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GBP News 

BoE says Brexit jitters worsen, sees inflation below target

“A global slowdown was also dragging Britain’s economy and had started sooner than they expected, BoE officials said” writes Midwest Communications Inc for 95kqds.com. LONDON (Reuters) – The Bank of England said on Thursday that Brexit uncertainty had “intensified considerably” over the last month but falling oil prices were likely to push inflation below its 2 percent target soon, helping to support the economy. Source: 95kqds.com

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News 

Secondhand cannabis smoke may cause allergy, worsen asthma in children

“(Reuters Health) – Secondhand marijuana smoke appears to have provoked a cannabis allergy and worsened the asthma of a 6-year-old child, researchers told the American College of Allergy, Asthma, and Immunology’s annual conference in Seattle” writes Midwest Communications Inc for 95kqds.com. “Children exposed to secondhand marijuana smoke can become allergic to cannabis, which in turn may significantly worsen their asthma or allergy symptoms,” said the report’s lead author Dr.Doctors should consider the possibility of cannabis allergy in any child with uncontrolled asthma who is being exposed to secondhand marijuana smoke,…

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News Regulators 

Yellen says rising deficit is unsustainable: ‘If I had a magic wand, I would raise taxes’

“If I had a magic wand, I would raise taxes and cut retirement spending,” Yellen told CNBC’s Steve Liesman at the Charles Schwab Impact conference in Washington, D.C., who characterized the U.S. debt path as “unsustainable.”” writes unknown author for cnbc.com. The United States is taking on too much debt right now, a problem that is will only worsen moving forward, former Federal Reserve Chair Janet Yellen said Tuesday.Yellen noted this will only get worse as more baby boomers retire and spending on retirement and health care programs grow. Source: cnbc.com

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News Oil 

Chinese trade war, Saudi tensions worsen Wall Street’s October slide

“Major Wall Street indexes tumbled Thursday as traders contended with a corrosive cocktail of slowing growth in China, rising U.S. interest rates and concerns that global tensions with Saudi Arabia might drive up oil prices” reports washingtonexaminer.com. A speech at the Detroit Economic Club by Larry Kudlow, one of Trump’s top economic advisers, may have exacerbated investors’ worries, Roth added. Source: washingtonexaminer.com

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News 

Congo’s Ebola outbreak to worsen without stepped-up response: WHO committee

“However, it does not yet constitute a public health emergency of international concern (PHEIC), the emergency committee said” writes Midwest Communications Inc for 95kqds.com. GENEVA (Reuters) – The Ebola outbreak in Democratic Republic of Congo is likely to worsen significantly unless the response to it is stepped up, an emergency committee of experts convened by the World Health Organization said on Wednesday. Source: 95kqds.com

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