wiar 07-21-18

Mary FanslauWhat I Am Reading

July 21 (Saturday)

Markets
Currency War Erupts, Threatening to Ripple Across Global Markets (B)
Trade war risks becoming a dangerous currency war as China weakens yuan the most in 2 years (C)
Exclusive: Treasury’s Mnuchin says watching Chinese yuan weakness for manipulation (R)
Trump says stock market gains since election give him opportunity to wage a trade war (C)
Watch President Trump’s full interview with CNBC

Trade
Trump threatens tariffs on all $500 billion of Chinese imports (R)
U.S. to Toughen Foreign-Investment Reviews Amid Trade Fight With China (W)
Trade’s Widening Battleground (W)
Trump’s Emerging Economic Policy: Picking Winners and Losers (W)

Central banks
Trump rips Fed rate hikes, but investors expect Powell to stay the course (MW)
All the Ways Trump Can (And Can’t) Influence Powell’s Fed Policy (B)

US
America Is Running Out of Family Caregivers, Just When It Needs Them Most (W)
Share of U.S. Employees Offered Health Care Through Work Rises (W)

Emerging
North Korea Economy Contracts as Sanctions Bite, South Officials Say (W)

US politics
Michael Cohen and Trump discussed buying rights to Playmate’s story in taped conversation (MW)

Geopolitics
Putin Hedges Trump Bet by Dumping Treasuries to Safeguard Assets (B)
Russia releases videos hyping its new hypersonic weapons just days after Putin and Trump meet (C)

Offbeat
Help wanted now! What full employment looks like in one Wisconsin city (CS Monitor)