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Samson » August 22nd, 2019
Russia is ready to consider returning to the G8
2019/8/21 21:54
Russia announced Wednesday its readiness to "consider" a possible return to the Group of Eight, which includes the best industrialized countries, which were expelled in 2014 because of the Ukrainian crisis.
US President Donald Trump said Tuesday he could "certainly support" Russia's return, contrary to the positions of his G7 allies he will meet late this week in Biarritz in southwestern France.
Russian Foreign Minister Sergei Lavrov told a news conference in Moscow: "If a decision is taken at this summit concerning Russia, we will of course be prepared to study it and respond to it."
Russia was expelled from the G8, which also included the United States, Germany, Canada, France, Italy, Japan and the United Kingdom, after it annexed Crimea to its territory in March 2014. Moscow announced last year that it had no intention at all to return to the G8, after a first invitation In this regard by Trump, explaining that she is comfortable working within the G20.
Lavrov hailed the G20 as a "mechanism for reaching consensus" as opposed to "G7" warnings to Russia. In addition to the Ukrainian dossier, differences between Western countries and Russia also include the Syrian and Iranian dossiers, accusations of Russia interfering in several electoral processes, and the issue of poisoning former Russian spy Sergei Scribal accused of Russia in England in March 2018. LINK
Chinese yuan falls against US dollar to 11-year low
22nd August, 2019
China's yuan fell against the dollar to an 11-year low on Thursday on concerns about an economic slowdown, prompting Chinese state-owned banks to support the currency in the futures market.
The yuan weakened to 7.0752 against the dollar, its lowest since March 2008, but later recovered to 7.0732 yuan to the dollar.
The yuan's decline coincided with Hong Kong stocks falling on concerns about the city's protests, pushing the New Zealand and Australian dollars lower and supporting the Japanese yen.
The rest of the currencies were confined to a narrow range ahead of a speech by the US Federal Reserve Chairman Jerome Powell in Jackson Hole on Friday, which will be closely examined after a coup in the US Treasury yield curve, an indication of a possible An economic recession in the United States.
Expectations of further interest rate cuts are high, and US President Donald Trump's public calls for strong monetary easing in the US central bank have caused a stalemate. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Samson » August 22nd, 2019
Russia is ready to consider returning to the G8
2019/8/21 21:54
Russia announced Wednesday its readiness to "consider" a possible return to the Group of Eight, which includes the best industrialized countries, which were expelled in 2014 because of the Ukrainian crisis.
US President Donald Trump said Tuesday he could "certainly support" Russia's return, contrary to the positions of his G7 allies he will meet late this week in Biarritz in southwestern France.
Russian Foreign Minister Sergei Lavrov told a news conference in Moscow: "If a decision is taken at this summit concerning Russia, we will of course be prepared to study it and respond to it."
Russia was expelled from the G8, which also included the United States, Germany, Canada, France, Italy, Japan and the United Kingdom, after it annexed Crimea to its territory in March 2014. Moscow announced last year that it had no intention at all to return to the G8, after a first invitation In this regard by Trump, explaining that she is comfortable working within the G20.
Lavrov hailed the G20 as a "mechanism for reaching consensus" as opposed to "G7" warnings to Russia. In addition to the Ukrainian dossier, differences between Western countries and Russia also include the Syrian and Iranian dossiers, accusations of Russia interfering in several electoral processes, and the issue of poisoning former Russian spy Sergei Scribal accused of Russia in England in March 2018. LINK
Chinese yuan falls against US dollar to 11-year low
22nd August, 2019
China's yuan fell against the dollar to an 11-year low on Thursday on concerns about an economic slowdown, prompting Chinese state-owned banks to support the currency in the futures market.
The yuan weakened to 7.0752 against the dollar, its lowest since March 2008, but later recovered to 7.0732 yuan to the dollar.
The yuan's decline coincided with Hong Kong stocks falling on concerns about the city's protests, pushing the New Zealand and Australian dollars lower and supporting the Japanese yen.
The rest of the currencies were confined to a narrow range ahead of a speech by the US Federal Reserve Chairman Jerome Powell in Jackson Hole on Friday, which will be closely examined after a coup in the US Treasury yield curve, an indication of a possible An economic recession in the United States.
Expectations of further interest rate cuts are high, and US President Donald Trump's public calls for strong monetary easing in the US central bank have caused a stalemate. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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