News Flash: trade deal, Flybe and climate change
What do these four headlines mean for your investments and personal finance
- Trade deal: half-baked
- Anger at Flybe rescue
- BlackRock stands up to climate change
- Ban on betting with credit cards
Trade deal: half-bakedThe US and China signed the first phase of a trade deal on Wednesday, easing the tensions which have encircled the two economic superpowers for the last two years. Under the terms of the agreement, China has committed to spend roughly $200bn on American goods, in exchange for a rollback in some of the tariffs on Chinese imports into the US. The news and your money: Rising share prices at the end of 2019 suggests that global stock markets had already baked in the promise of a deal. Indeed, on Wednesday world stocks eased back from previous highs…