The Federal Reserve looks poised to cut interest rates for a second time Wednesday to help extend the economic expansion in the face of global weakness, President Donald Trump’s trade war with China and geopolitical risks such as the attacks on Saudi Arabia’s oil facilities.
Donald Trump
American Naval Vessel Shot Down an Iranian Drone – Gold Silver Reports
WASHINGTON: Tensions in the Gulf region mounted Thursday as US President Donald Trump said an American naval vessel shot down an Iranian drone that threatened the ship as it was entering the Strait of Hormuz.
Iran Isn’t Trying to Build a Bomb Tomorrow. It Wants Sanctions Relief.
Iran decision to surpass uranium enrichment limits isn’t a dangerous provocation. It’s a calculated effort to get European leaders to reinforce the nuclear deal and halt the drift toward war.
Trump: Iran ‘playing with fire’ with uranium enrichment
Has the door closed on diplomacy between Iran and US?
Iran has announced on Monday it had amassed more low-enriched uranium than permitted under its 2015 nuclear deal with world powers, drawing a warning from US President Donald Trump that Tehran was “playing with fire”.
Mnuchin says US-China Trade Deal is 90 Percent Done – Gold Silver Reports
Gold Silver Reports (GSR) – Treasury Secretary Steven Mnuchin said Wednesday that the U.S. and China are inching closer to finalize a long-awaited trade deal.
Fed Holds Interest Rates Steady but Opens Door to a Cut – Gold Silver Reports
Federal Reserve officials left interest rates unchanged at their June meeting but opened the door to a cut if President Trump’s trade fight intensified and risks to the American economy increased.