2020 – Page 77 – Icarus Signals. The home of economic insight

U.K. Signals It Will Suspend Extradition Treaty With Hong Kong

Posted on July 20, 2020 by TeamIcarus | 0 Comments

Foreign Secretary Dominic Raab signaled the U.K. will join its international allies in suspending an extradition treaty with Hong Kong after China imposed a national security law on the former…

Economic Recovery Is Under Way but Fighting Flare-Ups Is Key

Posted on July 20, 2020 by TeamIcarus | 0 Comments

The global economy suffered a severe contraction in the three months through June, and it is becoming clear that the strength of its recovery will depend on authorities’ success in…

G20 Finance Officials Stop Short of Recommending Debt Freeze Extension

Posted on July 19, 2020 by TeamIcarus | 0 Comments

WASHINGTON/DUBAI (Reuters) - Finance officials from the Group of 20 countries on Saturday called for all official bilateral creditors to implement fully a short-term debt freeze for the world's poorest…

WHO Posted More Than 237,000 Confirmed Cases Around the World

Posted on July 19, 2020 by TeamIcarus | 0 Comments

The World Health Organization is again posting a single-day record of new confirmed coronavirus cases. It announced 259,848 new cases on Saturday. The WHO on Friday posted more than 237,000…

Why ETFs Remain Some of the Most Tax-Efficient Vehicles for your Money

Posted on July 19, 2020 by TeamIcarus | 0 Comments

With Tax Day behind us, it’s worth reviewing its impact your portfolio. As investors weigh their options for the best and most tax-efficient vehicles for their money, exchange-traded funds remain…

The Two Sides of the Chinese Market’s Head-Spinning Recovery Rally

Posted on July 18, 2020 by TeamIcarus | 0 Comments

Chinese stocks are charging higher. The Shanghai Composite index has climbed over 15% in the last two weeks to highs not seen since 2018 amid improving economic data in China…

China’s Economy Bounces Back from Pandemic Contraction

Posted on July 18, 2020 by TeamIcarus | 0 Comments

BEIJING: China's economy returned to growth in the second quarter, rebounding more strongly than expected from a historic contraction caused by the coronavirus outbreak, official data showed Thursday.

Investors Sue Deutsche Bank and its CEO in Wake of Epstein Fine

Posted on July 17, 2020 by TeamIcarus | 0 Comments

FRANKFURT/NEW YORK (Reuters) - Investors are suing Deutsche Bank and its CEO Christian Sewing, alleging the bank made false and misleading statements before it agreed to pay a $150 million…

NY Fed’s Williams: ‘Not the Time to Think’ About Rate Hikes

Posted on July 17, 2020 by TeamIcarus | 0 Comments

New York Fed President John Williams said Thursday that the Federal Reserve is far from raising interest rates, adding that central bank policymakers have time to craft any forward guidance…

After Selling Apple, These are the Stocks Value Investor Bill Nygren is Buying Now

Posted on July 17, 2020 by TeamIcarus | 0 Comments

Value investor Bill Nygren told CNBC on Thursday he has exited his Apple position after more than a decade and started buying the stocks of T-Mobile, among other names.