President Trump has instructed the Department of Homeland Security (DHS) to deny reported caravans of asylum-seekers entry into the United States. A caravan of over 1,000 mostly Central American refugees attempted to travel by foot, bus and train to the southern U.S. border in hopes of being granted asylum. After President Trump threatened to cut off foreign aid to “Honduras and the countries that allow this to happen,” Mexico agreed to disband the group. Source Zerohedge
Russia’s largest aluminum producer Rusal (0486.HK) said on Monday it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by U.S. sanctions. Source: Reuters
China says it has landed long-range bombers for the first time on an island in the South China Sea, the latest in a series of maneuvers putting Beijing at odds with its neighbors and Washington over China’s growing military presence around disputed islands. Source: CNN
The US treasury secretary announced that a looming trade war has been put “on hold.” But European officials are worried that a new trade deal between the US and China could come “at the expense of Europe.” Source: Deutsche Welle
