According to zerohedge, Earlier today we reported that contrary to the conventional wisdom that Trump blasted off his 1pm China tariff tweet – in which he single-handedly ended the ceasefire between the US and China when he unveiled 10% tariffs on $300BN in Chinese imports starting September – on his own, instead a number of
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According to CNBC, German airline Lufthansa on Tuesday posted a decline in second-quarter earnings, hurt by price competition on short-haul routes in Germany and Austria as well as rising fuel costs. The company said in a statement that adjusted earnings before interest and tax (EBIT) fell to 754 million euros ($839.73 million), compared to 1 billion euros
The council of governors discussions on interest rates did not bring unexpected conclusions. The interest rate on the main refinancing operations remains unchanged at zero and other interest rates on overnight refinancing and overnight sterilization operations will also remain unchanged. In past days, the likelihood of a rate cut has increased, which in recent days