Tag: tariff

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1…………> MERS Virus: Saudi Arabia 

Outbreaks of Middle East Respiratory Syndrome (MERS) have killed 23 people in Saudi Arabia over a roughly four-month span, the World Health Organization (WHO) said Monday. 

The deaths occurred between Jan. 12 and May 31, the WHO announced on its website. 
Those who died were among the 75 people infected by the coronavirus during the period. 

The deaths were in the Hafer Albatin region, Riyadh, Jeddah and Najran region. 
As of May 31, the global number of laboratory-confirmed cases of the coronavirus reported since 2012 totalled 2,220, including 1,844 cases reported from Saudi Arabia. 
With the latest figures, a total of 790 people have died from the disease since September 2012. 

MERS, which occurs in Middle East countries, especially in Saudi Arabia, primarily infects the lungs and may cause damage to the kidneys and other organs. It is transmitted by close contact with infected persons, and there are no preventive inoculations or effective medications against the virus. (Anadolu Agency)

http://v.aa.com.tr/1178408 

2…………> The 6th US Force: Space Command 

US President Donald Trump says he is ordering the establishment of a 6th branch of the military and wants a ‘Space Force’ to stop China and Russia’ from leading the US, but the international Outer Space Treaty bars the stationing of weapons of mass destruction in space, yet his order directs the management of traffic and debris in space.  

“It is not enough to merely have an American presence in space. We must have American dominance in space,” Mr Trump said before a meeting of his National Space Council. 

“We are going to have the Air Force and we’re going to have the ‘Space Force.’ Separate but equal,” he said later. 

“It is going to be something. So important.” 

The United States wants to send robotic explorers to the moon as soon as next year as a preparatory step towards sending astronauts back there for the first time since 1972, a NASA official said on Monday. 
 
In December, Mr Trump signed a directive that he said would enable astronauts to return to the moon and eventually lead a mission to Mars. 
Will people return to the Moon? 

http://www.abc.net.au/news/2018-06-19/trump-wants-american-dominance-in-space/9884718 

3…………> Heat Is Up: Spreading Tariff War 

US President Donald Trump has threatened to levy a 10% tariff on $200bn (£151bn) of Chinese goods in a tit-for-tat trade row with Beijing and has asked his trade advisers to identify additional Chinese products on which to impose new tariffs despite imposing 25% tariffs on $50bn worth of Chinese goods. 

Beijing responded by saying it would hit 659 US goods worth $50bn with a similar tax. 

The US president released a statement saying “these tariffs will go into effect if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced”. 

“If China increases its tariffs yet again, we will meet that action by pursuing additional tariffs on another $200 billion of goods. The trade relationship between the United States and China must be much more equitable,” he said. 

The Chinese product lines that have been hit range from aircraft tyres to turbines and commercial dishwashers. 

In response, China announced tariffs on $34bn of US goods including agricultural products, cars and marine products which will also take effect from 6 July. 
Major market indices have again approached the critical 24800 level of DJI average, and it is only matter of time before on a downward gap opening may give us the first bear market of the Trump’s administration.

https://www.bbc.com/news/business-44529149 

4…………> Trump Attacks EU Immigration: Merkel 

President Trump suggested that the Islamic Merkeldom of Germany’s leaders were losing the support of the public over the migration issue, widening the split between Chancellor Ayatollin Angela Merkel and the leader of her coalition ally, Horst Seehofer, over asylum policy and border controls. 

Donald J. Trump 

✔@realDonaldTrump 

The people of Germany are turning against their leadership as migration is rocking the already tenuous Berlin coalition. Crime in Germany is way up. [A] big mistake made all over Europe in allowing millions of people in who have so strongly and violently changed their culture! 

6:02 AM – Jun 18, 2018 

90.5K 

58.3K people are talking about this 

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Trump told his Twitter followers: “The people of Germany are turning against their leadership as migration is rocking the already tenuous Berlin coalition.” 

The US leader went on to say that “Crime in Germany is way up” before adding that there had been a “big mistake made all over Europe in allowing millions of people in who have so strongly and violently changed their culture!” 

In a warning to the American electorate, Trump warned: “We don’t want what is happening with immigration in Europe to happen with us!” 

http://p.dw.com/p/2zmgn 

5…………> Market Report 06/18/2018, sell stop 25500, CG(10322), 11/22/17 

Closed position short 24400, cover shortstop 24500, for a loss of 50 DIA points. 

Last position long 24500, stop 25100 was triggered for a closing gain of 600 points: a new position short 25050, cover short stop at 25150 for a loss of 100 points. 

Stocks were down 103 to 24987, DJ futures -239, fears of tariff wars depressing the markets.

Gold down to 1285.2 and USD/CHF down to  0.99 due to President Trump setting new and harsher tariffs on Chinese products. Translation? As the dollar goes down, we have to wait and see if the new Fed Chair Jerome Powell will continue pressuring gold and the Eurasian block with it down below $1000/oz in an economic WW3. Watch cover short at 25,050. 

We have to wait and see if new Fed chair Powell will attempt to destroy Eurasian block by sending gold prices below 1000, despite the fact both Russia and China have been buying their whole gold production in local gold backed currency instead of money printing machines. In other words, US has lost controls of the precious metals complex, and with Trump’s infrastructure and tax cut campaign the National debt will soon be at, or over 30 trillion dollars, since D.C. swamp alligators have no intention dropping their pet projects. Read “Ziban Must Die” for more details on the coming collision of Trump’s administration with “Deep State” operators funded by the billionaires’ supporters of the New World. 

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