Theresa May has refused to rule out using cyber warfare or even taking part in military action against North Korea if it does not stop firing missiles in “illegal” acts of provocation. Source: The Telegraph
Retail sales in China grew 7.6% year on year, below the consensus of 8.6%, and Fixed-asset Investment (FAI) growth slowed to 5.7% in the first seven months of the year. The readings showed weakness across the board on both the demand and supply sides of the Chinese economy, Bloomberg Economics said, adding that policy support will likely be stepped up in the coming months. Source: Bloomberg Economics
Labour demand in Germany is declining at an alarming rate. Similar and further declines are to be expected as demographic changes begin to impact Economies across Europe.
Japan has approved the export to South Korea of some key products (chemicals, chip materials) for the first time since introducing stricter trading rules amid an ongoing row between the two U.S. allies. Source: The Japan Times
