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1 Article
Source: CBS News

Investors pause on stock selloff amid Saudi, oil concerns

Tuesday 13:35 GMT

Investors hit the pause button on a stock selloff that began last week amid mounting concerns about relations with Saudi Arabia following the disappearance and suspected murder of journalist Jamal Khashoggi.

The Dow and S&P 500 lost more than 4 percent of their value last week as investors shifted money amid concerns about global trade tensions and economic growth. Tensions between the U.S. and Saudi Arabia are rising following the disappearance of Khashoggi, who was last seen entering the Saudi consulate in Istanbul.

1 Article
Source: BBC

No-deal Brexit disastrous, says Ford boss

Tuesday 22:47 GMT

Ford's European boss has said a no-deal Brexit "would be pretty disastrous" for British industry and could affect the company's future in the UK. Steven Armstrong said he was "still confident" a tariff-free frictionless trade deal would be done.

We have been very clear since [JLR] decided to put their business elsewhere that we would continue to look for options for Bridgend."

1 Article
Source: Common Domain

The IMF is not pessimistic enough — and that’s bad news for investors

Tuesday 12:42 GMT

The IMF seems fated to return to its pattern of Groundhog Day forecasting that followed the global growth surge in 2010.

The projections acquired a déjà vu quality: each time growth proved disappointing, the IMF found a reason why growth had temporarily slowed—the T?hoku earthquake and tsunami in Japan, uncertainty about America’s exit from expansionary monetary policy, a “one-time” repricing of risk, and severe weather in the United States.

2 Articles
Source: Common Domain

Another Victim of the Trade Spat: U.S. Oil to China

Tuesday 11:47 GMT

U.S. oil exports to China have slowed to a trickle amid the trade spat between Washington and Beijing, in an abrupt reversal that is upending global crude trade flows and forcing American producers to find new buyers.

Changes have scrambled the global oil trade and hit the profits of shipowners as the lucrative route from the U.S. to China dries up


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte