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The euro approaches parity with the U.S. dollar by November 2016, with the surge in the dollar following the U.S. presidential election of 2016. The euro closed at $1.058 on Nov 17, 2016. It was down 4% following the election. The euro was down in early 2015. This time it is chiefly down against the dollar. This time both monetary and fiscal policy is expected to diverge with the EU, and inflation expectations are up in the U.S. Analysts expect parity to be reached in 2017.
The euro approaches parity with the U.S. dollar by November 2016, with the surge in the dollar following the U.S. presidential election of 2016. The euro closed at $1.058 on Nov 17, 2016. It was down 4% following the election. The euro was down in early 2015. This time it is chiefly down against the dollar. This time both monetary and fiscal policy is expected to diverge with the EU, and inflation expectations are up in the U.S. Analysts expect parity to be reached in 2017.
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Original article 3 minutes, gist 1 minute
Original article 3 minutes, gist 1 minute
LyrArc Article Gist
The Biden administration takes steps to open up the potential for US India civil nuclear cooperation by removing Indian scientific and nuclear entities from "restricted lists." This will enable cooperation between Indian nuclear entities and US companies. It comes 20 years after Indian PM Manmohan Singh signed the India US nuclear deal with president George W. Bush of the US in 2004. NSA Jake Sullivan was in New Delhi to meet PM Modi.
The Biden administration takes steps to open up the potential for US India civil nuclear cooperation by removing Indian scientific and nuclear entities from "restricted lists." This will enable cooperation between Indian nuclear entities and US companies. It comes 20 years after Indian PM Manmohan Singh signed the India US nuclear deal with president George W. Bush of the US in 2004. NSA Jake Sullivan was in New Delhi to meet PM Modi.
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Original article 7 minutes, gist 1 minute
Original article 7 minutes, gist 1 minute
LyrArc Article Gist
UK's GDP falls by 0.1% in October over prior month. UK economy faces headwinds. It could take several months to overcome the effects of asharp increase in employment taxes in the UK Budget. COvid 19, Brexit, and 6 premiers in 9 years, uncertainty affecting business investment decisions, is affecting the British economy.
UK's GDP falls by 0.1% in October over prior month. UK economy faces headwinds. It could take several months to overcome the effects of asharp increase in employment taxes in the UK Budget. COvid 19, Brexit, and 6 premiers in 9 years, uncertainty affecting business investment decisions, is affecting the British economy.
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Limit China's involvement in your economies for reduction in reciprocal tariffs- this is the message from US Treasury Secretary Scott Bessent, who leads the negotiations with Japan, Taiwan and South Korea. The Trump statement read yesterday April 14 by Katherine Leavitt was as follows- “The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them. China wants what we have…the American consumer,” Leavitt said when reading Trump’s statement. The idea is to reduce any leverage China has to ignore the US interests in restoring its lost industrial base shipped by American companies to China, in one of history's astonishing happenings that make economic theories useless. It is only a common sense and fairness that can provide a solution to this problem, the kind of fairness that the US has given throughout its history since 1800 to other nations. ...
Limit China's involvement in your economies for reduction in reciprocal tariffs- this is the message from US Treasury Secretary Scott Bessent, who leads the negotiations with Japan, Taiwan and South Korea. The Trump statement read yesterday April 14 by Katherine Leavitt was as follows- “The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them. China wants what we have…the American consumer,” Leavitt said when reading Trump’s statement. The idea is to reduce any leverage China has to ignore the US interests in restoring its lost industrial base shipped by American companies to China, in one of history's astonishing happenings that make economic theories useless. It is only a common sense and fairness that can provide a solution to this problem, the kind of fairness that the US has given throughout its history since 1800 to other nations. ...
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Investment plans don't always work out. Softbank has only $30 billion on hand and it is not clear where Masayoshi Son of Softbank Japan will get the rest of the $100 billion he says he will invest in the US, says this WSJ report. There is also a question if it will go into needed infrastructure and other investments that bring the most benefit to people in the US.
Investment plans don't always work out. Softbank has only $30 billion on hand and it is not clear where Masayoshi Son of Softbank Japan will get the rest of the $100 billion he says he will invest in the US, says this WSJ report. There is also a question if it will go into needed infrastructure and other investments that bring the most benefit to people in the US.
LyrArc Article Gist
State Department halts visa interviews for foreign students as it reviews procedures to look at social media posts.
State Department halts visa interviews for foreign students as it reviews procedures to look at social media posts.
LyrArc Article Gist
Foreign student enrollment of about 20% or 25% sounds normal, at 40% or 50% this is unusual and suggests American educational resources are being used to a disproportionate degree in a way that is not putting American students first.
40 percent or close to 40% Universities are Carnegie Mellon, Columbia, John Hopkins
35% or close to that Universities are NYU, Rochester
30% or close to that Universities are Caltech Chicago, Harvard and Penn
Close to 25% are Duke, Cornell and Rice, Stanford, Princeton, Yale and Northwestern, Georgia Tech
Close to 20% are Dartmouth, Georgetown, Emory, UC Berkeley and Davis,Michigan
Foreign student enrollment of about 20% or 25% sounds normal, at 40% or 50% this is unusual and suggests American educational resources are being used to a disproportionate degree in a way that is not putting American students first.
40 percent or close to 40% Universities are Carnegie Mellon, Columbia, John Hopkins
35% or close to that Universities are NYU, Rochester
30% or close to that Universities are Caltech Chicago, Harvard and Penn
Close to 25% are Duke, Cornell and Rice, Stanford, Princeton, Yale and Northwestern, Georgia Tech
Close to 20% are Dartmouth, Georgetown, Emory, UC Berkeley and Davis,Michigan
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