Orban: Trump offers protection from speculators

Political moves: The US Federal Reserve building in Washington. Orban says the agreement would help shield the economy against headwinds such as an attack on the currency or a sovereign credit rating downgrade. — Reuters

BUDAPEST: Hungarian Prime Minister Viktor Orban says that US President Donald Trump agreed to support his country’s economy if it came under a speculative attack, although he didn’t offer any specifics about a deal.

“Yesterday, I sealed an agreement with the American president on a financial shield,” Orban told reporters en route back from a White House meeting with Trump, according to a video on pro-government website Mandiner.