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US adds Thailand to watchlist but finds no currency manipulators

10 Sept 16:28 Key points summarised by AI

The US Treasury intensified its scrutiny of global foreign exchange practices but determined no major trading partner engaged in currency manipulation.
Thailand was added to the 'monitoring list' due to its substantial global current account and trade surpluses with the United States, bringing the list to 10 countries.
The Treasury expanded its monitoring criteria to equally assess interventions resisting both currency depreciation and appreciation, a notable shift from its previous focus.
China remains on the monitoring list and faces criticism for its lack of transparency regarding exchange rate policies, though it was not labeled a currency manipulator.

Yesterday 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.