Trump Ends Canada Talks, China Pledges 'Self-Reliance', Nigel Farage's BOE Plan
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Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) US President Donald Trump is aiming for a quick win in a pivotal Thursday meeting with Chinese counterpart Xi Jinping, even if the outcome falls short of the sweeping deal he’s teased on issues at the heart of the rivalry between the world’s two largest economies.
(2) China needs a bolder spending package to mend the finances of households and companies, according to a central bank adviser, as signs of resilience in the economy mask the damage wrought by the trade war with the US.
(3) Oil was on track for the biggest weekly gain since June after US sanctions on major Russian producers upended the market, raising the prospect for supply disruptions and greater demand for alternative grades.
(4) Binance co-founder Changpeng Zhao has received a pardon from Donald Trump, one of the biggest moves yet by the president to fully embrace the crypto industry and give legal reprieves to some of its most prominent people.
(5) Reform UK leader Nigel Farage says Bank of England Governor Andrew Bailey has "had a good run." Speaking to Bloomberg's Mishal Husain, he adds: "We might find someone new."
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