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Hang Seng Index futures closed down 0.28% at 25,371 points in overnight trading, a discount of 100 points.According to official Colombian statistics, the death toll from the earthquake has risen to 304.August 19th - According to sources, with a new round of tariffs set to take effect on Wednesday, the Trump administration is lowering expectations for a last-minute agreement between the US and Canada to avoid additional tariffs. Sources indicate that the US is privately signaling a "50/50 or lower" chance of reaching an agreement on Tuesday. Both sides are facing a midnight deadline, at which point billions of dollars worth of Canadian goods will face 50% tariffs. It remains unclear whether these signals truly reflect progress in negotiations or are simply the US trying to increase its bargaining leverage. Trump has a history of making demands of trading partners at the last minute. Sources say Trump is expected to speak with Canadian Prime Minister Carney again on Tuesday. The two also spoke by phone on Monday.Sources familiar with the matter revealed that the US has reportedly lowered its expectations for reaching a US-Canada trade agreement on Tuesday. US President Trump and Canadian Prime Minister Carney are expected to speak again on Tuesday local time.On August 19, Rezaei, Secretary of Irans Supreme National Security Council, stated that Washingtons inability to reopen the Strait of Hormuz exposes the gap between the USs claimed control and its actual capabilities, marking the beginning of a "post-American order" in the Persian Gulf. Rezaei wrote, "The gap between the USs inability to reopen the Strait of Hormuz, yet its claim to control it, is greater than the 7,000-mile distance between Washington and the Strait of Hormuz." He added, "Welcome to the post-American order in the Persian Gulf." "Some dreams are too far removed from reality." This followed a post by US President Trump showing a map labeling the Strait of Hormuz as "new US territory."

G7 to impose restrictions on new Russian gold imports on Tuesday, according to a U.S. official

Haiden Holmes

Jun 27, 2022 11:14


The Group of Seven wealthy democracies will restrict Russian gold imports on Tuesday, a senior U.S. administration official said on Sunday, as part of ongoing efforts to hold Russia accountable for its involvement in the Ukraine war and prevent attempts to circumvent Western sanctions.


The official indicated that the United Kingdom and the United States will announce the decision on Sunday, followed by a formal declaration on Tuesday.


"Putin will continue to face accountability from the president and other G7 leaders. Today, the United States and the United Kingdom stated that the G7 will restrict the importation of gold from Russia. Tuesday will be the day of the official announcement, "said the official.



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