Hundreds of families in Roubaix are following a “Zero Waste” policy to help the planet while also relieve stress on their wallets.
It remains to be seen if the measures are enough to spur spending.
The bank lowered its one-week repo rate 325 basis points from 19.75 percent to 16.50 percent.
The drop comes after a surprise 3.3 percent rebound in July despite the yearlong battle with Washington and weakening global demand.
US bond yields up slightly after sharp fall in August, while European shares seen dipping slightly. Meanwhile, pound sterling drops to just below $1.2, its lowest level since January 2017.
China imposed additional tariffs on some of the US goods on a $75-billion target list while the Trump administration's latest round of tariffs on Chinese imports has taken effect early Sunday.
The Governing Council holds its next policy meeting on September 12 and has all but promised a stimulus package, with economic growth faltering as a global trade war rumbles on and Germany’s manufacturing sector already in recession.
Recession-hit Argentina has suffered market volatility since business-friendly President Mauricio Macri was trounced in party primaries three weeks ago by leftist challenger Alberto Fernandez.
Yields on benchmark 10-year Treasury notes dropped to their lowest since mid-2016 as the latest salvos in the China-US trade war shook confidence in the world economy and sent investors to the safe harbour of gold.
The agreement, if finalised as planned next month, would cool a trade dispute between the two allies just as a trade war between the United States and China escalates.
US President Donald Trump says he would be raising planned tariffs on $300 billion in Chinese goods from 10 percent to 15 percent.
China said it would impose additional tariffs on a total of 5,078 US products that include agricultural products, crude oil, small aircraft and cars. Tariffs on some products would take effect on September 1 and others on December 15.
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