Bedugul Coffee: Monday Morning Briefing: Trump hints at China deal, Beijing calls for resolution

Highlights

Trump says China talks coming, Beijing calls for resolution The United States and China sought to ease trade war tensions with Beijing calling for calm and President Trump predicting a deal after markets fell in response to new tariffs from both countries.

Harvey Weinstein due in court on new indictment The former Hollywood producer is expected to appear in a Manhattan courtroom to face a new indictment in connection with his upcoming criminal trial.

Joe Walsh becomes second Republican to challenge Trump The former congressman turned talk show host, became the second Republican to challenge Trump for the party’s 2020 White House nomination. He criticized Trump, who has strong support among Republicans, as a bully who is unfit for office as he announced his long-shot bid.

Why the CIA doesn't spy on the UAE The highly unusual practice creates what some critics call a dangerous blind spot in U.S. intelligence.

World

Battered Hong Kong faces economic recession, existential crisis After three months of anti-government protests, the semi-autonomous Chinese city, a shopper’s paradise and gourmet destination for millions of tourists each year, is facing an existential as well as an economic crisis.

Israel says air strike in Syria sent 'no immunity' message to Iran Israel said an air strike against an arm of Iran’s Revolutionary Guards in Syria showed Tehran that its forces were vulnerable anywhere. Israel accused IRGC of planning “killer drone attacks.”

Business

Tesla to raise prices in China

The U.S. electric vehicle maker will raise prices in China on Friday, earlier than planned, and may do it again in December should Chinese tariffs on U.S.-made cars take effect.

4 Min Read

Shares skid as trade war deepens, fuels bond rush

Asian shares sank as the latest salvos in the Sino-U.S. trad war shook confidence in the world economy and sent investors steaming to the safe harbor of sovereign bonds and gold, while slugging emerging market currencies.

5 min read