On Monday, global stock prices declined down and reached a one month low level. The cause for the decline was Donald Trump's announcement that tariffs on Chinese goods could be raised.
The Foreign Ministry of China stated on Monday that despite the remarks made by Donald Trump its delegation was preparing for flight to the US to participate in another round of trade talks.
The Foxconn Chairman Terry Gou stated on Monday that he was ready to act as a peacemaker between China, Taiwan and the United States.
According to the Wall street Journal, China is considering the cancellation of trade negotiations with the US this week, as Donald Trump threatened to increase tariffs on goods worth $200B.
Crude oil prices dropped by 2.2% or $1.37, reaching $60.57 per barrel, as the US President Donald Trump threatened to raise tariffs on Chinese goods worth $200B.
On Sunday, Laurentino Cortizo, a candidate who promised to equally develop relations with the US and China, has outperformed his competitor Roux by two points and became the new President of Panama.
According to a report made by the South China Morning Post, China's Vice Premier Liu He is expected to travel the US this week to participate in trade talks.
Japan's trading house Mitsubishi and MUFG Bank announced plan to rescue plant engineering company Chiyoda with a $1.4B lifeline, counting on a turnaround fuelled by greater LNG demand, the Nikkei reported.
The People's Bank of China stated that it will diminish the reserve requirement ratios for medium and small-sized banks effective from May 15, in a policy measure to support firms struggling due to an economic slowdown.
On Sunday, Occidental has agreed to sell to Total Anadarko's assets in South Africa, Mozambique, Ghana and Algeria for $8.8B.
Ahead of bilateral talks with China, the US President Donald Trump threatened to increase tariffs on Chinese goods worth $200B this week.
Tens of thousands of Panamians went to polling stations on Sunday to elect new president of one of the most rapidly growing economies in the world who most likely would become the ex-Argiculture Minister Laurentino Cortizo.
According to an Ipsos poll, Marine Le Pen's Rassemblement National party would win nearly 22% of the votes in the upcoming elections to the European Parliament, thus beating Macron's REM party.
The Health Minister of Germany Jens Spahn has created the needed legislation to oblige parents to have their children vaccinated. In case of non-compliance parents will face fines and exclusion from daycare..
On Sunday, the Prime Minister of the Czech Republic Andrej Babis announced that Czech banks could pay up to 20% of their dividends into a state development fund.
On Sunday, China's official news agency Xinhua revealed that the orders for Chinese exports have dropped by 1.1%. The drop was attributed to the ongoing trade talks with the US.
On Sunday, it was revealed that due to the leak of the possible compromise between United Kingdom's political parties, Labour announced that there will be no Brexit deal.
Dubais International Airport's representatives announced on Sunday that the airport has experienced a 2.2% decline in passenger traffic. The main reason for the decline was the grounding of the Boeing 737 MAX airplanes.
The ruling party of South Africa, the African National Congress announced on Sunday that it will deal with corruption. The promise came three days before the elections.
On Sunday, the state media of Iran announced that the country has mobilized its resources to sell its oil on what the media called grey market. Most likely the country is using intermediaries, which charge for their services.
Qatari officials announced on Sunday that they will not grant visas to countries that are considered enemies. The officials referred to Egypt.
On Sunday, the candidate from the Turkey's AK Party announced that AKP will call for a rerun of the election of the Major of Istanbul.
On Sunday, Turkish officials announced that Turkey will not bow down to US sanctions and will buy S-400 air defence systems from Russia. The sanctions, if imposed would beat down the Turkish Lira.
Boeing stock is bound to be hurt by a new incident. Federal investigators are probing the sliding off the runway of a 737 airplane in Florida.