Chinese companies listed in the US plummeted Friday on reports that the Trump administration is weighing curbs on new investment curbs on China. Even though "trade wars are good, and easy to win", according to President Trump in March 2018, the White House now feels the need to widen the struggle with China from a dispute about traded goods and intellectual property rights into a whole new arena involving potential capital controls.
The new burger comes as Macca's has been trialling an all-new McVeggie burger in South Australia . Plant-based fast food has been the latest craze as diners become more conscious of how their food is sourced and its impact on the environment, giving a big boost to Beyond Meat and Impossible Foods , two of the biggest players to launch faux meats.
The effective tax rate for such companies will be 17.16%. The government has given a major booster dose to the market by deciding not to levy the enhanced surcharge introduced in the budget on capital gains arising from the sale of equity shares in a company liable for a securities transaction tax.
The blast took place in the eastern Hadramawt province, far from the part of Yemen controlled by the Houthi rebels, and also wounded at least 13 soldiers, many of them Saudi. Pentagon spokesman Jonathan Hoffman said Thursday that the U.S. has a high level of confidence that officials will be able to accurately determine exactly who launched the attacks last weekend.
Another possible dissenter is St. Louis Fed President James Bullard, who may favor a half-point cut in the face of rising uncertainties. In its policy statement accompanying its rate cut, the Fed failed to indicate whether more rate cuts were likely this year, though it did leave the door open for additional rate cuts if the economy weakens.