The US-China trade deal has cooled down before the storm
The markets breathed a sigh of relief after the signing of the “first phase” agreement between Washington and Beijing last Wednesday. But this deal is only a truce in a battle that is likely to resume after the November elections.
In his article published by the Washington Post, the author, Henry Olsen, said that both countries have good reasons for calling for an end to the trade war temporarily.
Chinese growth has slowed dramatically to its lowest level in nearly thirty years, and car sales have fallen more than 8% over the past year, along with a decrease of 3% in 2018.
Nuclear weapons: Putin wants to renew the New Start treaty quickly with the United States
The previous Strategic Nuclear Weapons Treaty had forced both parties to halve their nuclear missile launchers.
For Vladimir Putin, the decision must be taken as soon as possible “so that it does not give rise to multiple interpretations of our position”.
The Russian president wants to renew by the end of the year with the United States the treaty New Start (an acronym for a treaty on the reduction of strategic weapons) on strategic nuclear weapons, to prevent it from becoming obsolete as became this year the Treaty on Intermediate Nuclear Weapons (INF).