Trump

The football associations of the United States, Canada and Mexico have announced their intention to submit a joint bid to host the 2026 World Cup. The CONCACAF countries confirmed their plan to bring the tournament to North America at a press conference at One World Trade Centre in New York.

"Especially with what’s going on in the world today, we believe this is a hugely positive signal and symbol of what we can do together in unifying people," U.S. Soccer Federation President Sunil Gulati said at Monday’s bid launch, "especially in our three countries."
Gulati didn’t directly mention President Donald Trump in that particular remark, but the impact of the policies of the fledging administration on a World Cup bid involving feuding neighbors was a constant theme during the press conference.

Since Donald Trump’s election as president of the United States, research and views have been very divided on emerging markets. And, in general, negative views have carried the day. On the one hand, many agreed that the macroeconomic situation and microeconomic fundamentals were in the process of improving and that 2017 would hold some positive surprises in store. On the other hand, the utmost caution was in order, given the threats to launch trade “reprisals” against a number of emerging economies. All in all, having fallen out of grace in late 2016 and early 2017, emerging equities and debt have been among the best performers in their respective asset classes, with gains of 8.8% and 1.75% respectively, as of 15 March and in euros. Where does the consensus stand now?

Donald Trump earned more than $150 million in the year 2005-and paid just a small percentage of that in regular federal income taxes. The documents show Trump and his wife Melania paying $5.3 million in regular federal income tax-a rate of less than 4%. Trump made a total income of $253 million in 2005, but wrote off $103 million in losses, according to the document, the first two pages of which were obtained by Pulitzer Prize-winning journalist David Cay Johnston and first shared on “The Rachel Maddow Show.

China has granted preliminary approval for 31 Trump trademarks for businesses ranging from hotels and spas to animal training and weather forecasting, reopening a debate about the potential for conflicts of interest under his presidency.

Democrats in Congress were critical of Trump after The Associated Press reported Wednesday that the potentially valuable trademarks had been granted, raising questions of conflict of interest and political favoritism. One senator said the issue "merits investigation." There were also seven trademark applications that were rejected.

At least 180 companies have already declared their interest in working with President Trump to build his proposed wall along the U.S. border with Mexico, just three days after the government announced the contract bidding process was open.

More companies will likely signal interest in competing for President Donald Trump’s massive border wall project, but 180 construction and engineering firms from across the U.S. registered to submit a bid for the contract as of Monday evening.

President Trump wants a wall along the border with Mexico, CNN has been told by multiple sources within the agencies involved in building, paying for and enforcing this barrier.

President Trump has been looking at various blueprints with his advisers, a senior administration official told CNN. He could ultimately insist on a concrete wall stretching across the entire border, as he has promised. It would be a far bigger and a vastly more expensive project, and any plan would need to be sent to Congress for funding approval.

Germany completed the transfer of $13 billion in gold reserves from New York to Frankfurt, the Bundesbank announced on Thursday. The transfer is one step in a plan developed by Germany’s central bank in 2013 that aims to repatriate half the gold reserves it keeps abroad during the Cold War. The final transfer is expected from Paris later this year, completing the project three years ahead of schedule.

Stashed away at the height of the Cold War in safe havens well out of Moscow’s reach, the 3,378-tonne, 120 billion-euro gold stockpile has become a symbol of Germany’s economic ascent and a guardian of its stability. Germany is not bringing home its gold bullion in response to concerns about President Trump’s monetary policy, officials said.

Trump’s election, love him or loathe him, has had repercussions on the economics in the US but Europe, and Switzerland, have been affected as well. Alberto Mingardi, who is part […]