South Africa rebuffs US trade pressure
South Africa’s Foreign Minister Ronald Lamola said the Trump administration was trying to force national issues into trade talks.
South Africa’s Foreign Minister Ronald Lamola said the Trump administration was trying to force national issues into trade talks.
Numerous factors, including positive trade talks between the US and China and a strengthening dollar, led to bullion dropping more than 6%.
State control of the industry under successive socialist governments has sidelined the foreign investment and know-how required to mine the metal.
If Washington backstops the loan, it would mean 'American taxpayers are on the hook for a lot more,' Sen. Chris Van Hollen, D-Md., told Semafor.
Sanae Takaichi is expected to push for higher spending, tax cuts, and lower interest rates.
Comcast and Paramount are among potential bidders as the CNN parent runs a sale process.
Banks and investors are pointing fingers, but the blame game is overly simplistic, top executives say.