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Soros Says Markets to Slump With Trump, EU Faces Disintegration

EghtesadOnline: It’s tough to be gloomier than billionaire George Soros right now. America has elected a would-be dictator as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from the EU, and China is poised to become an even more repressive society, the investor told Bloomberg Television’s Francine Lacqua from the World Economic Forum in Davos.
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Publish Date:20/January/2017 | 11:33

Senior EU diplomat says Trump cannot renegotiate Iran nuclear deal

EghtesadOnline: A senior European Union diplomat said on Tuesday that the foreign policy team of U.S. President-elect Donald Trump had misunderstood the Iran nuclear deal and that it was not up for renegotiation; Reuters reported.
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Publish Date:18/January/2017 | 10:45

Russia says ready to talk to Trump about nuclear arms, Syria

EghtesadOnline: Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow was ready to talk to U.S. President-elect Donald Trump 's new administration about nuclear weapons and Syria, saying the two countries could together solve many of the world's problems.
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Publish Date:18/January/2017 | 05:24

China’s Xi Takes on Trump in Rebuttal Against Protectionism

EghtesadOnline: Chinese President Xi Jinping urged global business and political elites to reject trade wars and protectionism, in his first public rebuttal of the policies advocated by incoming U.S. leader Donald Trump .
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Publish Date:18/January/2017 | 05:11

Gold Falls With Yen as Haven-Asset Flight Eases

EghtesadOnline: The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and gold steadying ahead of Donald Trump ’s inauguration. Hong Kong shares rallied with emerging-markets assets.
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Publish Date:18/January/2017 | 04:58

EU: JCPOA-Driven Boost to Mutual Trade Significant

EghtesadOnline: EU foreign affairs head, Federica Mogherini, on Monday insisted the bloc will stand by the Iran nuclear accord, condemned by US president-elect, Donald Trump , during his election campaign, because it serves Europe's security needs and business interests.
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Publish Date:17/January/2017 | 05:28

European Stocks Decline as FTSE 100 Ends Record Winning Streak

EghtesadOnline: European stocks fell on concern Britain will quit the European Union’s single market and as U.S. President-elect Donald Trump suggested other countries could follow the U.K. out of the bloc.
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Publish Date:17/January/2017 | 04:50

Gold and Yen Extend Rallies on Political Concerns

EghtesadOnline: Lingering concern over Donald Trump ’s policies and the U.K.’s position in the European Union extended rallies in gold and the yen to a seventh day. Treasuries rose and most Asian stocks declined.
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Publish Date:17/January/2017 | 04:46

Mogherini says EU to stand by Iran nuclear accord

EghtesadOnline: EU foreign affairs head Federica Mogherini on Monday insisted the bloc will stand by the Iran nuclear accord, bluntly condemned by US President-elect Donald Trump , because it serves Europe's security needs.
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Publish Date:16/January/2017 | 16:00

Trump Era, Brexit May Spur Year of Greater Currency Volatility

EghtesadOnline: Donald Trump is making volatility great again. If the reaction to the U.S. President-elect’s first press conference is anything to go by, we are in for big swings in currency markets this year.
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Publish Date:16/January/2017 | 15:29

Brexit Plans Rattle Pound and Stocks as Gold Rises

EghtesadOnline: The pound fell, equities slid and gold climbed on concern U.K. Prime Minister Theresa May is prepared to lead Britain out of the European Union’s single market and as the U.S. President-elect suggested other countries could break from the bloc.
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Publish Date:16/January/2017 | 15:25

Xi, Unlikely Champion for Business Elites, Takes Davos Spotlight

EghtesadOnline: When Xi Jinping addresses business elites at Davos, the Chinese president will find himself an unlikely champion of the trade-based global order Donald Trump has derided. His new role could prove to be one of his biggest tests.
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Publish Date:16/January/2017 | 15:08

Japan core machinery orders fall as Trump, demand uncertainty sets in

EghtesadOnline: Core orders for Japanese machinery fell in November at their fastest in seven months, a sign companies may be deferring capital expenditure as uncertainty over the incoming Trump Administration's trade policies and global demand worries take hold.
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Publish Date:16/January/2017 | 04:51

Trump Slams NATO, Floats Russia Nuke Deal in European Interview

EghtesadOnline: Donald Trump called NATO obsolete, predicted that other European Union members would follow the U.K. in leaving the bloc, and threatened BMW with import duties over a planned plant in Mexico, according to two European newspapers which conducted a joint interview with the president-elect.
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Publish Date:16/January/2017 | 04:25

Davos Elite Focus on Climate Change, Ignoring Trump’s Skepticism

EghtesadOnline: Donald Trump has often ridiculed global warming and promised to withdraw the U.S. from the global accord signed in Paris in 2015. Yet despite the change of political weather in Washington, the captains of business and finance gathered in Davos this week will spend a lot of time talking about climate change -- and how to make money from it.
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Publish Date:15/January/2017 | 17:39