AMMAN – At least 12 people were killed and scores wounded on Tuesday in aerial strikes believed to have been carried out by the Syrian air force on a popular market in a village in opposition-held northwestern Syria, rescuers and residents said.
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Iran Nuclear Deal Breaches Not Yet Significant, EU Says
Iran’s recent breaches of the 2015 nuclear deal are not significant and can be reversed, the European Union’s foreign policy chief says.
Thanks to US Trade War – China’s Growth Slides to Weakest Pace in Almost Three Decades
Gold Silver Reports (GSR) – China’s growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world’s number-two economy, official data showed Monday.
Britain, France and Germany fear Iran Nuclear Deal Collapse as Tensions Rise – GSR
Gold Silver Reports (GSR) – Tehran and Washington have clashed after Donald Trump withdrew last year from the agreement made four years ago with six world powers and imposed sanctions on Iran that had been lifted under the pact.
WHAT HAPPENS IF TARIFFS REMAIN AT STATUS QUO OR UNITED STATES ADDS MORE TARIFFS?
Two scenarios are considered here: The first includes the tariffs in place on $250 billion worth of imports by the United States under Section 301 of the US Trade Act of 1974, and by China on $110 billion worth of imports from the United States, which were imposed in retaliation for the Trump administration’s tariffs.
Who’s Winning the US-China Trade War? It’s Not the United States or China
The US-China trade war will leave both countries worse off in coming years, according to an analysis of current and threatened trade scenarios that is based on a global simulation model of the world economy.
Federal Reserve Chairman Powell Rubber-Stamps 25bp Cut for July 2019 – Gold Silver Reports
Federal Reserve Chairman Powell’s first day of his two-day testimony to Congress. Powell was advocating for a rate cut which weighed on both the greenback and US yields. He argued that the jobs report has done little to change the Fed’s outlook and that was essentially taken by the market as a rubber stamp for at least a 25pb cut this month as investors get set of r the U.S. Consumer Price Index due today in New York’s session. The FOMC Minutes did not give anything new to trade from.