The ECB cut interest rates by 25 basis points on Thursday, the fifth time since June, lowering the rate that the central bank pays on deposits to 2.75% from 3.0%.
Whitehall is watching anxiously as the president of the world’s largest economy unleashes tariffs on America’s neighbours, threatening a full-blown trade war.
Canadian Prime Minister Justine Trudeau is expected to hold a press conference at 10am Sydney time in response to the threatened tariffs. Follow the latest here.
U.S. President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address a national emergency over fentanyl and illegal ...