Updated 3:36 am PST, Wednesday, November 7, 2018 FILE - In this Nov. 25, 2016, file photo, a clerk counts Chinese currency notes at a bank outlet in Huaibei in central China's Anhui province. China's foreign currency reserves declined in October, 2018, suggesting Beijing might be intervening in market to keep its yuan's politically sensitive exchange rate from falling to far against the dollar. Central bank data on Wednesday, Nov. 7, 2018, showed the reserves, the world’s biggest, contracted by about $34 billion to just over $3 trillion.(Chinatopix via AP, File) less FILE - In this Nov. 25, 2016, file photo, a clerk counts Chinese currency notes at a bank outlet in Huaibei in central China's Anhui province. China's foreign currency reserves declined in October, 2018, ... more Photo: AP Photo: AP Image 1 of / 1 Caption … [Read more...] about China’s reserves fall, suggesting Beijing propping up yuan
U s money reserve complaints
By Lucia Mutikani WASHINGTON (Reuters) - U.S. services sector activity raced to a 21-year high in September and companies boosted hiring, signs of enduring strength in the economy at the end of the third quarter. The upbeat reports on Wednesday likely keep the Federal Reserve on track to raise interest rates again in December. The U.S. central bank increased rates last week for the third time this year. Fed Chairman Jerome Powell said on Tuesday the economy's outlook was "remarkably positive." "The continued strength of the surveys implies that growth is set to remain well above trend," said Andrew Hunter, a U.S. Economist at Capital Economics in London. "That will keep the Fed raising interest rates steadily in the near term." The Institute for Supply Management (ISM) said its non-manufacturing activity index jumped 3.1 points to 61.6 last month, the highest reading since August 1997. A reading above 50 indicates expansion in the sector, which accounts for more than two-thirds of U.S. … [Read more...] about U.S. services sector activity hits 21-year high; hiring accelerates
By The Washington Post | PUBLISHED: September 25, 2018 at 3:39 pm | UPDATED: September 25, 2018 at 3:39 pm By John Hudson and Josh Dawsey NEW YORK — President Donald Trump revived one of his favorite talking points on Tuesday in an address at the United Nations General Assembly as he called for an end of foreign aid to countries that disrespect the United States. “Moving forward, we are only going to give foreign aid for those who respect us and, frankly, are our friends,” Trump told world leaders in New York. “Few give anything to us, that is why we are taking a hard look at U.S. foreign assistance.” The populist ultimatum has been a frequent applause line at Trump rallies and speeches since the early days of his presidential campaign. But turning it into an actual policy has proven much more difficult, U.S. officials familiar with internal debates said ahead of Trump’s U.N. speech. For several weeks, a senior official at the National Security … [Read more...] about Trump vowed to slash foreign aid. Here’s why it hasn’t happened.
John Hudson and Josh Dawsey, The Washington Post Published 12:37 pm PDT, Tuesday, September 25, 2018 President Donald Trump speaks during the UN General Assembly meeting in New York, on Sept. 25, 2018. President Donald Trump speaks during the UN General Assembly meeting in New York, on Sept. 25, 2018. Photo: Bloomberg Photo By Jeenah Moon Photo: Bloomberg Photo By Jeenah Moon Image 1 of / 1 Caption Close Image 1 of 1 President Donald Trump speaks during the UN General Assembly meeting in New York, on Sept. 25, 2018. President Donald Trump speaks during the UN General Assembly meeting in New York, on Sept. 25, 2018. Photo: Bloomberg Photo By Jeenah Moon Trump keeps threatening to end foreign aid for disloyal countries. Here's why it hasn't happened. … [Read more...] about Trump keeps threatening to end foreign aid for disloyal countries. Here’s why it hasn’t happened.
Zach Wamp Zach Wamp Photo by Contributed Photo /Times Free Press. Wamp to speak at rights dinner Former U.S. Rep. Zach Wamp will be the speaker at this year's First Amendment dinner hosted by the Jewish Federation of Greater Chattanooga. The annual event, started 11 years ago, aims to honor veterans and military personnel as well as inform the public on First Amendment rights. It will take place at 6 p.m. Aug. 28 at the Jewish Cultural Center, 5461 North Terrace Road. "It is increasingly important for the public to understand the importance of keeping the freedoms we have grown to enjoy and to respect those who serve our country in order to keep these freedoms," Executive Director Michael Dzik said in a news release. Tickets are $12 and veterans and active military get in free if reserved before Aug. 22. After Aug. 22, the cost is $14 for both veterans and nonveterans. Call 423-493-0270, [email protected] or visit www.jewishchattanooga.com. Let America Vote … [Read more...] about Former U.S. Rep. Zach Wamp to speak at First Amendment dinner