China and US exchange further threats over trade as markets slump

China and US exchange further threats over trade as markets slump

The war of words between the Trump administration and China over trade has escalated after Beijing threatened to fight back “at any cost” against new US proposals for an additional $100bn (£71bn) in tariffs. Chinese officials said on Friday they would “definitely fight back firmly” should the US persist in using “protectionism”, in a warning issued hours after President Trump unexpectedly suggested imposing extra trade tariffs on goods shipped from China to the US – on top of the $50bn worth of tariffs announced last month. On Saturday, China’s state…

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Belgium, 4th European investor in France

Belgium, 4th European investor in France

Belgium is the 4th biggest European investing country in 2017, standing behind 62 investment projects in France, indicates Thursday Business France, the national agency in charge of promoting the internationalization of the French economy. These Belgian projects have made possible the creation or the preservation of 1,827 jobs last year in the “Hexagon.” Belgian investments are mainly focused on production activities (40% of projects and 71% of jobs), company services (24% of projects), and decision centers (19% of projects). The main activity sectors are consulting, engineering (16% of projects), food…

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Cambridge Analytica: Up to 2.7 million EU residents may be affected

Cambridge Analytica: Up to 2.7 million EU residents may be affected

Facebook confirmed on Thursday evening to the European Commission that the data of up to 2.7 million residents of the European Union (EU) could have been “illegally” transmitted to Cambridge Analytica, a spokesperson for the Commission said on Friday at its midday press briefing. Until now information on the data harvested by Cambridge Analytica had quoted the figure of one million affected users in the EU. The British firm harvested the data of some 87 million Facebook users worldwide, including about 61,000 in Belgium, by exploiting a security breach in…

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