MACRO ECONOMIC NEWS

WISHING A WEEKEND TO CASUE MIRACLE FOR SOMEONE IN YOUR LIFE

Macro Economic News 10 Mar 2018                                 

 

This weekend brings good news. President Donald Trump agreeing to meet with North Korea’s along with South Korea and easing out the process for tariff exemption for friend nations, has reduced risk of war and trade war. Job creation is increasing across globe along with value of investment assets rising brings an extra reason to cherish.

 

FINANCIAL TIMES

[I]  US denies concession over Trump meeting with Kim

[I]  Oil cash set to boost Saudi Arabia’s sovereign wealth fund

[I]  EU body strikes back at cryptocurrency regulation

[I]  The unanswered questions over the attack on a Russian double agent

[I]  How a British botanist opened China to the west

[I]  US jobs surge gives green light to Fed rate rises

[I]  Italy’s League vows to defy EU on fiscal discipline

 

REUTERS

[I]  RBI turns up heat on banks after $2 billion loan fraud

[I]  Supreme Court upholds passive euthanasia, allows living wills in landmark judgment

[I]  Trump says Australia to secure exemption from U.S. tariffs

[I]  U.S. eases way to more tariff exemptions under pressure from allies

[I]  Trump steel tariffs may leave these U.S. steelworkers jobless

[I]  WTO says there is still time to discuss tariff move

[I]  India offers gold discounts as price fall propels buying elsewhere

[I]  U.S. economy creates 313,000 jobs in February; wage growth slows

[I]  EU industry steels itself for U.S. tariffs

 

BLOOMBERG 

[I]  Fears of Too Much Oil Bring Short-Selling Back

[I]  Trump Needs Unfamiliar Tools Like Patience for North Korea Talks

[I]  Venezuela Credit Rating Bottoms Out With $1.7 Billion Overdue

[I]  Turkey Finance Sector Targeted by North Korea Group, McAfee Says

[I]  Don't Be Too Relieved About Trump's Tariff Order

[I]  Central Banks Don’t Need to Shift to Move Markets: Economy Week

[I]  Bond Trading Tumbles in India as Banks Stare at $3 Billion Loss

[I]  Here's How Markets Are Reacting to Unprecedented Trump-Kim Talks

[I]  Nearing Term End, PBOC Chief Says China's Opening Can Be Bolder

[I]  China Consumer Prices Jump, Credit Slows on New Year Shutdown

[I]  China Warns of ‘Strong’ Measures to Counter Trump Trade Tariffs

 

BUSINESS LINE

[I]  France wants to build more submarines for Indian Navy

[I]  EU, Britain seek clarity on exemptions under new regime

[I]  India to wait for clarity on the order: Commerce Secretary

[I]  Risk factors to be considered by investors in 2018

[I]  Fiscal engineering is name of the game

[I]  Trump’s tariff game can dent economies

[I]  ‘Internet economy to surge to $500 billion by 2022’

[I]  NITI Aayog begins discussions on MSP model; comes out with 3 options

[I]  Weather over North-West in flux as westerlies gather pace

 

ECONOMIC TIMES

[I]  Forex reserves jump by $168 million to $421 billion

[I]  NITI Aayog to work on mechanism for MSP implementation

[I]  Govt had sought Rs 13,000 crore additional dividend from RBI: Finance ministry

[I]  Donald Trump threatens to impose "reciprocal tax" on India, China

[I]  India February inflation likely hit 4-month low but still above RBI target: Polls

[I]  Industry 4.0: Centre taking steps for smart manufacturing

[I]  Over 1.03 crore businesses registered under GST: Government

[I]  Crucial GST meet tomorrow: Here's what to expect

 

BUSINESS STANDARD

[I]  PNB fraud fallout: Loan disbursements to corporate India take a hit

[I]  SC upholds 'living will', allows passive euthanasia for the terminally ill

[I]  E-commerce companies' united fight against piracy is stronger than ever

[I]  NITI Aayog to finalise mechanism for MSP payment by March-end

[I]  Decline in defaults on credit given to women-led self-help groups

[I]  Time for a relook at the idea: Why not a per capita budget deficit

 

Best Regards, ARBIND

10 Mar 2018