London’s FTSE 100 tumbled to a six-month low as China’s warning to counter the latest U.S. tariffs fanned trade tensions, while the more domestically focused midcap index fared better in comparison, amid investors’ hopes of averting a no-deal Brexit.
Parliament will block a no-deal Brexit if unelected people behind Prime Minister Boris Johnson try to wrench Britain out of the European Union on Oct. 31 without agreement, former finance minister Philip Hammond said on Wednesday.
China has denied a request for two U.S. Navy ships to visit Hong Kong in the coming weeks, U.S. officials said on Tuesday, as the political crisis in the former British colony deepened.
Iran announced that it will release the seized British tanker.
Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.
Hong Kong’s airport cancelled all flights on Monday, with authorities blaming demonstrators for the disruption of one of the world’s busiest terminals, a dramatic escalation of anti-government protests that have roiled the Asian financial hub.
The Saudi-led coalition intervened in Aden on Sunday in support of the Yemeni government after southern separatists effectively took over the port city, fracturing the alliance that had been battling the Iran-aligned Houthi movement.
China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said.
Disgraced U.S. financier Jeffrey Epstein is said to have killed himself in jail, an anonymous source told Reuters.
Russia’s state nuclear agency Rosatom said early on Saturday that five of its staff members had been killed in an accident during tests on a military site in northern Russia, the RIA news agency reported.