October 2, 2019 (2019-10-02) (Wednesday)
Armed conflicts and attacks
Business and economy
- The World Trade Organization authorizes the United States to impose about US$7.5 billion in tariffs on goods from the European Union every year. The WTO started the probe in 2005 after the United States complained that European subsidies to Airbus damage Boeing airplane sales. (NPR)
- The United States announces a tariff of 10% on European-made Airbus planes and 25% on a range of goods, set to take effect on 18 October. (Reuters)
- American retailer Bed Bath & Beyond announces it will close 60 stores by the end of the year due to declining profits. (USA Today)
- A foreign exchange trader, Rohan Ramchandani, has filed a lawsuit against Citigroup. Ramchandani won acquittal last year after criminal charges of market manipulation. He claims that the charges were instigated by his former employer in order to mitigate the regulatory consequences for its own misbehavior. (Reuters)
Disasters and accidents
International relations
Law and crime
Politics and elections