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BoE most likely to cut rates in a no-deal Brexit - Tenreyro
3:10am, 8th March, 2019

BoE most likely to cut rates in a no-deal Brexit - Tenreyro

The Bank of England is more likely to cut interest rates than raise them in the event of a no-deal Brexit, rate-setter Silvana Tenreyro said, the latest BoE official to back the idea of coming to the economy's rescue if it suffers a Brexit shock...
Senior China diplomat urges U.S. to meet China halfway
10:19pm, 7th March, 2019

Senior China diplomat urges U.S. to meet China halfway

The Chinese government's top diplomat, State Councillor Wang Yi, said on Friday that competition between China and the United States was normal and that Washington should abandon zero-sum thinking and meet Beijing halfway.
Trump administration proposes overtime pay expansion
7:05pm, 7th March, 2019

Trump administration proposes overtime pay expansion

The U.S. Department of Labor issued a long-awaited proposal on Thursday to extend mandatory overtime pay to a million more workers, far fewer than an Obama administration rule that was struck down by a federal judge.