Trump's Attack On Draghi And The Euro: A Clueless Gesture [Forbes]
UBS Group AG Registered Ordinary Shares (UBS)
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Source: Forbes
Trump's Attack On Draghi And The Euro: A Clueless Gesture President Donald Trump on the South Lawn of the White House in Washington, Tuesday, June 18, 2019, (AP Photo/Andrew Harnik) ASSOCIATED PRESS President Trump pulled the trigger on a tweet, again. The targets were Mario Draghi, the President of the European Central Bank (ECB), and the euro. The President claims that Draghi and the ECB are manipulating the euro to weaken it against the greenback. According to the President, this is “making it unfairly easier for them to compete against the USA.” And what’s more, Trump claims that “They have been getting away with this for years, along with China and others.” The idea that weak currencies give a country’s businesses and industries a competitive edge against their counterparts located in countries with stronger currencies is widely held by businessmen—like President Trump. But, when it comes to international economics and currency exchange rates, most businessmen are clueless. Pres
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UBS
Sec Filings
- 4/16/24 - Form 6-K
- 4/2/24 - Form IRANNOTICE
- 3/28/24 - Form 6-K
- UBS's page on the SEC website