Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
World equities markets were in the red Thursday as trade war fears ratcheted higher after the United States said it was looking at more than doubling threatened tariffs on a range of Chinese imports.In London, sterling slipped after the Bank of England hiked its key interest rate by a quarter-point to 0.75 percent, but seemed reticent to announce any further rate rises amid Brexit uncertainty.Earlier, Asian stocks sank after the United States administration confirmed it was considering hiking levies to 25 percent from the announced 10 percent on $200 billion of Chinese goods.The BoE's decision came a day after the United States Federal Reserve held fire on interest rates, even as it highlighted the strength of the U.S. economy and labor markets, indicating that rate hikes lie ahead.
FOLLOW THIS ARTICLE