Hi Skol. I think there's another shock wave comming from the two top economies.
Yesterday I posted an article that said China will come to US to discuss about the trade FDI and the crisis talk in M.E. to see if US could help China to FREEZE interest rate while China try to float its Yuan.
This idea could solve problems in equity markets without further interventions from China side and this could solve problems in the M.E. once China is having a VOICE in world powers.
It's doesn't seem like it as Congress doesn't vote the Iran deal. Chinese Xi is POWERLESS in America.
That’s why there will be a next TRADE WAR following the CURRENCY WAR
(Adds final vote result) WASHINGTON, Sept 15 (Reuters) - U.S. Senate Democrats on Tuesday, for the second time in a week, blocked legislation meant to kill an Iran nuclear deal negotiated by the Obama administration and other world powers with Tehran. By a vote of 56-42, the Republican-majority Senate fell short of the 60 votes needed in the 100-member chamber to advance the legislation. The result was similar to last weeks procedural vote on the Iran measure but two Republicans opposed to the deal, presidential candidates Rand Paul and Lindsey Graham, did not vote on Tuesday. Senate Majority Leader Mitch McConnell failed in his attempt to lure at least a couple more Democrats into voting for the resolution of disapproval with this repeat of last Thursdays vote. McConnell moved to arrange a third procedural Iran vote, possibly this week, on an amendment preventing Obama from lifting economic sanctions against Iran until that countrys government formally recognizes Israels right to exist and releases American citizens in Iranian custody. It was not yet clear how Democratic votes would line up on that amendment. (Reporting by Richard Cowan; Editing by Peter Cooney and Bill Trott) (([email protected]; Reuters Messaging: [email protected]; 202-898-8391; Reuters Messaging; [email protected])) Keywords: IRAN NUCLEAR/CONGRESS
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Hi Skol. I think there's another shock wave comming from the two...
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