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Transcripts For DW Business - News 20180902 01:02:00

could already meet this requirement now but another demand could pose a problem for some manufacturers seventy five percent of the components used in production must now also be produced in the u.s. currently dimer and b.m.w. don t pass that test on the whole however german manufacturers welcome the agreement they ve invested billions in mexico and are dependent on open borders. in an interview on thursday donald trump also announced he wants to move ahead with additional tariffs on chinese goods worth two hundred billion dollars starting next week the trade dispute with the u.s. has already led china to launch a new economic stimulus package companies there are now eligible for tax cuts totaling up to five point six billion euros beijing also wants to strengthen exports and has already promised more investment in infrastructure. to ensure nothing like volkswagens admission scandal happens again the u.s. government appointed an official to keep a close eye on the german carmaker we

Dollar Strengthens Modestly as Forex Markets Quiet

RBA's Lack of Hawkishness Weakens Aussie, Yen's Retreat Continues

In the aftermath of RBA's decision to maintain interest rates unchanged and the absence of explicit hawkish signals, Australian Dollar weakens mildly. Despite notable upgrades in inflation forecasts, the central bank opted for a cautious approach, refraining from signaling imminent rate hikes and maintaining a stance of "not ruling anything in or out." Recent stronger-than-expected inflation data did not push RBA closer to resume monetary tightening, at least for the time being.

South Africa's Ramaphosa Confident Government Can Stabilize Debt

South Africa’s President Cyril Ramaphosa says he’s confident that his government has found the balance between spending on services while reining in the nation’s ballooning debt levels.

South Africa's Ramaphosa Confident Government Can Stabilize Debt