Finance (International)

Twitter has taken down a network of nearly 1,000 accounts the social media company says are tied to the Chinese government. Many tweets had criticized pro-democracy demonstrations in Hong Kong. [node:read-more:link]

The U.S. says Russia should be reinstated into the main Economic Summit group of nations, which also includes Canada as well as Britain, France, Germany, Italy and Japan. “It's much more appropriate to have Russia in,” President Donald Trump said at the White House ahead of the Aug. 24-26 G7 summit in France. “If somebody would make that motion, I would certainly be disposed to think about it very favourably.” [node:read-more:link]

Is it possible that U.S. President Donald Trump’s penchant for picking trade fights could undermine his re-election prospects as the spats potentially worsen the threat of a global recession? His future may be in the hands of five senior members of his administration. [node:read-more:link]

A British government study warns of medicine and food shortages if Britain exits fron The European Union without a formal agreement of terms. Michael Gove, the cabinet minister responsible for a “no deal Brexit” says the study is an outdated “worst-case scenario” but does concede there will be “bumps in the road” ahead. [node:read-more:link]

Federal Ethics Commission Mario Dion has concluded that Prime Minister Justin Trudeau breached the Conflict of Interest Act by using his office in an attempt to influence then Attorney General Jody Wilson-Raybould’s handling of the SCN-Lavalin affair. The PM has said his actions were designed to protect jobs at the engineering giant. [node:read-more:link]

Winding up a two-day visit to London, U.S. National Security Advisor John Bolton has confirmed President Donald Trump’s support for British Prime Minister Boris Johnson’s push to quit the European Union. Bolton says the U.S. supports the Brexit movement “enthusiastically.” [node:read-more:link]

Even as China’s economic engine cools down, it continues to undergo one of the fastest growth rates in the world. A new report from the McKinsey Global Institute takes an in-depth look at the situation, noting China’s engagement in fields such as digital and technology, trade and the environment. [node:read-more:link]

China’s central bank transferred $1 billion to Turkey in June. Beijing’s biggest support package ever for President Erdogan, it was delivered at a critical time (in an election month) and shows that Turkey is making headway in its efforts to diversify sources of foreign investment amid unprecedented tensions with the West. [node:read-more:link]

U.S.-based Chase Bank is forgiving all outstanding debt owed by users of its two Canadian credit cards: the Amazon.ca Rewards Visa and the Marriott Rewards Premier Visa. The bank retired both cards last year but recently sent letters to all customers informing them about wiping all cardholders' debt so the company can complete its exit from the Canadian credit card market. [node:read-more:link]

U.S.-based Chase Bank is forgiving all outstanding debt owed by users of its two Canadian credit cards: the Amazon.ca Rewards Visa and the Marriott Rewards Premier Visa. The bank retired both cards last year but recently sent letters to all customers informing them about wiping all cardholders' debt so the company can complete its exit from the Canadian credit card market. [node:read-more:link]

The federal ethics commissioner has opened an inquiry into the conduct of B.C. Liberal MP Joe Peschisolido, whose former law firm is linked to a secretive 'bare trust'  real estate deal that helped an alleged Chinese “drug boss” hide his ownership stake in a $7.8 million condo development. [node:read-more:link]

The United States administration has designated China as a currency manipulator after its central bank devalued the Yuan as the two countries' rrade dispute escalates. The announcement followed on the heels of President Donald Trump’s accusation on social media that China use currency exchange to steal U.S. business and undermine commodity prices. [node:read-more:link]

China’s central bank is rebuffing U.S. claims that it devalued the Yuan in a bid to gain a competitive trade advantage, saying China is “resolutely oppose” to such practices. [node:read-more:link]

As Hong Kong's pro-democracy protests continue to escalate in the former British colony,the commander of its People’s Liberation Army garrison says violence should not be tolerated. Meanwhile, a spokesman for China's Hong Kong and Macau Office said the local government and police were capable"of handling the protests. [node:read-more:link]

Large-scale cyber attacks by North Korea evidently generated as much as $2 billion dollars which may be used to underwrite its weapons programs, according to a report presented to the United Nations North Korean sanctions committee. Among other things, the report cites forced transfers of funds from financial institutions and cryptocurrency exchanges. [node:read-more:link]