Citing the president s words on the campaign trail. President trump is proposing budget cuts across the increase inor an defense spending. The state department would be cut by 28 . The Environmental Protection agency would be cut by 30 . The pentagon would be increased by 10 . Lindsey graham caused the cuts dead on arrival. The spread of populism, giving win. s party a big turning back a challenge by the antiislam Freedom Party. Wilders did worse than the polls. Redicted he proposed blocking immigration by muslims. In asia the China Central bank is in step with the Federal Reserve. The bank of china increased cost of borrowing in open Market Operations and on mediumterm lending. The central bank said the increases do not equate to interestrate hikes. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. , this isa cehic bloomberg. Equities, bonds, currencies, commodities, we saw great move off of the fed action, a more dovish tone. Co