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For 22 years Mohamed Mahmoud deposited his law practice’s cash in a bank near his Khartoum office. Now, fearful that shrinking limits on withdrawals will mean he can’t get his money out, he keeps it in a safe behind his desk. Restrictions on how much cash is available to commercial banks are among measures aimed at curbing rampant inflation and addressing an economic crisis that could derail President Omar al-Bashir’s plan to extend his nearly three decades in power. Though banks have not announced specific withdrawal limits, some have fallen in recent weeks to as little as 500 Sudanese pounds...

Be sustained in ME my children for truly as I AM alive in you, eternally My living fire of Virtue is always ready to rise up and meet your Declaration of being made whole,blessed and prosperous. "Take on My Graciousness" ( (( Just Believe ! )) ) Malachi 4:1-3 The Great Day of the LORD 1“For behold, the day is coming, burning like a furnace, when all the arrogant and every evildoer will be stubble; the day is coming when I will set them ablaze,” says the LORD of Hosts. “Not a root or branch will be left to them.”...

Exporters in China can now benefit from increased export tax rebates, following new government measures to blunt the impact of the deepening trade war with the US. On September 5, China’s Ministry of Finance and State Administration of Taxation jointly issued the Circular on the Increase of Export Tax Rebates for Electromechanical and Cultural Products, which increased export tax rebates on 391 items. The increased export tax rebates came into effect on September 15, and apply to a range of products, including steel products, chemicals, lithium batteries, LEDs, multi-component semiconductors, machinery products, and books and newspapers. Please see link for...

US President Donald Trump will reportedly announce new tariffs on about $200 billion on Chinese imports. Meanwhile, Washington has invited Chinese officials to restart trade talks later this month. While Washington extends a carrot to Beijing, it is also swinging a stick. It is nothing new for the US to try to escalate tensions so as to exploit more gains at the negotiating table. The unilateral and hegemonic moves by the US will meet firm countermeasures from China. Against the backdrop of successive US offensives in the trade war, China will not just play defense. Nowadays economic and trade relations...

Taiwan is a country under siege as it faces the prospect of eventual reunification with China, on China’s terms, and potentially as soon as 2021—the centenary of the founding of the Chinese Communist Party.

WASHINGTON (Reuters) - U.S. President Donald Trump is likely to announce new tariffs on about $200 billion on Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff level will probably be about 10 percent, the Wall Street Journal reported, quoting people familiar with the matter. This is below the 25 percent the administration said it was considering for this possible round of tariffs. Please see full article at the link.

Eleven people have been killed, and 44 injured after a driver crashed a car into a crowd at a public square in central China and attacked people with a knife and shovel. A red SUV drove into a square in Hengyang city in Hunan province on Wednesday evening and the driver began to hack at pedestrians with a knife and spade, the Hengyang government said in a statement on its microblog on Thursday. “[The suspect] has been sentenced many times for drug trafficking, theft, and other crimes, creating a desire for revenge on society,” the statement said. Previous statements said...

Tech expert Ian Wilson is to be airlifted to an area three miles from where he claims he has pinpointed the Malaysian Airlines flight using Google Maps. He will then need a guide to lead him through the two-day jungle mission through the mountainous terrain west of Cambodian capital Phnom Penh. It comes after Andre Milne – who previously declared Wilson's spot "significant" – called an earlier helicopter mission to find the missing MH370 flight "useless" because it wasn't on foot. Milne – a private investigator and founder of Unicorn Aerospace – exclusively told Daily Star Online: "Flying over in a...

Mid Continent Nail Corporation says it could shutter its Poplar Bluff plant, which employs about 335 workers, as early as this month without an exemption to tariffs, the site’s operations general manager, Chris Pratt, told reporters in early September. The company previously had said that it might not survive through Labor Day but stayed open. After Trump imposed a 25 percent tariff on imported steel, the company in June cut 60 of 500 positions at the plant in rural Butler County, where the unemployment rate is above the national average and the company is the area’s second-largest employer. Pratt said...

U.S. media reports said Friday that President Donald Trump has instructed aides to proceed with tariffs on $200 billion more in Chinese products... Last week, Trump threatened even more tariffs on Chinese items — duties on another $267 worth of goods, which when combined with the others would cover virtually all the products that China sends to the United States. "That changes the equation," he told reporters.

One of the funnier comedy Trump videos on YouTube is a montage, made before he became president, of all the times Trump said China. It’s about three minutes long and is mesmerisingly hilarious. As a candidate, he talked about China ‘raping’ America. Funnily enough, that was exactly what Americans wanted to hear...Maybe Trump isn’t as stupid as he seems – and maybe his supporters aren’t as stupid as smug liberals assume. Forty per cent of Americans never leave their country, but they can see how it is being eclipsed by China. And US voters know that China doesn’t play by...

Chinese power is expanding. Chinese claims to the South China Sea are not going to go away in a hurry. At the moment, American power represents a restraint on Chinese expansion. It is not clear how that will hold into the future. In his landmark foreign policy speech in April 2016 candidate Trump said, “……our resources are totally over extended. ……. the U.S. must be prepared to let these (European and Asian) countries defend themselves. We have no choice.” My unique country, Australia, a predominantly European nation on the edge of Asia, does have very deep emotional, cultural and historical...

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Pointing out that a Chinese company will soon start operating Haifa Port, he said that Israel needs to create a mechanism that will examine Chinese investments to ensure that they do not put Israel’s security interests at risk. “When China acquires ports,” Horev said, “it does so under the guise of maintaining a trade route from the Indian Ocean via the Suez Canal to Europe, such as the port of Piraeus in Greece. Does an economic horizon like this have a security impact? We are not weighing that possibility sufficiently. One of the senior American figures at the conference raised...

U.S. stocks posted a late rally to close mostly higher for a fifth consecutive day, led by gains in the financial and energy sectors. The dollar strengthened after U.S. 10-year note yields briefly climbed past 3 percent. The S&P 500 and Dow finished just in the green after slumping midday, when Bloomberg News reported that President Donald Trump instructed aides to proceed with tariffs on about $200 billion more in Chinese products. (please see full article, at the link)

U.S. media reports said Friday that President Donald Trump has instructed aides to proceed with tariffs on $200 billion more in Chinese products. Citing sources familiar with the matter, Bloomberg and Reuters said the president wanted to move forward with the additional duties even though Treasury Secretary Steven Mnuchin is trying to restart trade talks with Beijing. The reports sent stocks falling Friday and led to a drop in the Chinese yuan. The White House did not immediately comment on the reports. (please see full article, at the link)

The United States accused Russia on Thursday of pressuring an independent panel of U.N. experts to alter a report on sanctions against North Korea that included alleged sanctions violations "implicating Russian actors." U.S. Ambassador Nikki Haley expressed disappointment in the panel monitoring sanctions against North Korea "for caving to Russian pressure and making changes to what should have been an independent report." She called it "a stain" on the experts' important work. Haley said the panel should release the original report, which cited "a massive increase in illicit ship-to-ship transfers of petroleum products" for North Korea in violation of U.N....

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China’s government propaganda outlets are actively promoting the anti-President Trump book released this week by Washington Post writer Bob Woodward, called “Fear.” Two days after excerpts of the book were published, major Chinese state-run propaganda outlets, including China Central Television (CCTV), ran extensive reports on the book on Sept. 6. The book derides Mr. Trump as unhinged and claims there has been an administration coup d’etat by senior aides, who conspired against the president and blocked his policies. Please see link for full article.

China should reconsider its excessive and unsustainable trade surplus with America. Attempts to make China's trade problem a geopolitical issue will go nowhere. The U.S. has an iron-clad trade case with China