Violence in the Syrian “safe zone.”The United States' retreat from northern Syria created a void that opened the Kurdish-controlled region for new powers including Russia to send in forces. Turkey, which plans to establish a “safe zone” along the border to resettle refugees who have fled Syria, has seized a number of towns from Kurdish-led militias.
U.S. electric vehicle maker Tesla and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.
China will lower tariffs on products ranging from frozen pork and avocado to some types of semiconductors next year as Beijing looks to boost imports amid a slowing economy and a trade war with the United States.
The $2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.