News

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Wed, 16 Aug 2017 04:51:01 GMT

Air travel expected to increase on Labor Day

An industry group on Wednesday announced that air travel in the US might increase by five percent on Labor Day.

Wed, 16 Aug 2017 04:50:52 GMT

Indonesian president encouraged pluralism

On Wednesday President of Indonesia Joko Widodo announced that the Muslim country needs to safeguard its constitution, which provides religious freedom.

Wed, 16 Aug 2017 04:22:45 GMT

Taiwan's power grid suffers major malfunction

On Tuesday evening Taiwan experienced a massive electricity blackout, which affected almost seven million businesses and households.

Wed, 16 Aug 2017 04:22:04 GMT

US oil fracking companies encounter difficulties

Due to an increase in oil fracking in the United States the price of the sand, which is used in hydraulic fracture, has risen to a point, where it affects the decision whether to open new wells at all.

Wed, 16 Aug 2017 02:57:13 GMT

Brazil eases budget deficit targets through 2020

The government of Brazil softened its budget goals for the next three years including 2020, delaying possibility of a drop in deficit, after tax rates were not raised.

Wed, 16 Aug 2017 02:56:37 GMT

Canada PM eyes trip to Mexico in October for NAFTA talks

Justin Trudeau, the Canadian Prime Minister, was considering his first trip to Mexico in this year's October to meet Mexican President, aiming to update the NAFTA.

Wed, 16 Aug 2017 02:07:22 GMT

Ukraine aims to have more presence in Chinese products market

Ukraine revealed intention to expand the country's agricultural producers' presence in the China's market and begin exporting animal feeding and fish products this year.

Wed, 16 Aug 2017 02:06:43 GMT

Greece requests EU help to combat forest fires

Greece asked the civil protection assistance of the European Union to help tackle forest fires nearing Athens, the country's fire service spokesperson said.

Tue, 15 Aug 2017 20:07:40 GMT

US debt rises to $12.8T

The Federal Reserve Bank of New York reported on Tuesday that the US household debt set a new record high of $12.8T in the second quarter amid spiking auto and credit card loans.

Tue, 15 Aug 2017 20:07:17 GMT

Air Berlin files for bankruptcy protection

On Tuesday, the second-largest German airline Air Berlin filed for bankruptcy protection, as one of the key shareholders withdrew its capital after a years of losses.

Tue, 15 Aug 2017 19:13:35 GMT

Schaeuble calls for stronger auto industry regulation

Wolfgang Schaeuble, the Minister of Finance of Germany, noticed on Tuesday that domestic automobile industry made a lot of mistakes and, for this reason, should be better regulated.

Tue, 15 Aug 2017 19:13:24 GMT

Cuban trade with Venezuela down 70% since 2014

According to the Cuban National Statistics Office, trade between two countries has plunged 70 percent since 2014 amid Venezuela's inability to honour its contractual obligations.

Tue, 15 Aug 2017 17:54:50 GMT

Italia's Minniti is optimistic about curbing migrant inflow from Libya

The Italian Interior Minister Marco Minniti told reporters on Tuesday that he "saw a light at the end of the tunnel" in terms of reducing migrant inflow from Libya.

Tue, 15 Aug 2017 17:53:32 GMT

Daily Stormer still accessible on Dark Web

The Neo-Nazi website the Daily Stormer tweeted on Tuesday that it was still accessible on the so-called Dark Web after being revoked from using the open internet.

Tue, 15 Aug 2017 16:57:22 GMT

US official: Canada, US, Mexico aim for ambitious NAFTA talks

Canada, the US and Mexico aimed for a successful first round of talks to renegotiate the North American Free Trade Agreement, an unidentified US official told Reuters on Tuesday.

Tue, 15 Aug 2017 16:52:54 GMT

Man who crashed into local French pizzeria shows signs of paranoia

The 32-year-old man who deliberately crashed his car into a local French pizzeria showed signs of acute paranoia, a French prosecutor explained on Tuesday.

Tue, 15 Aug 2017 15:51:38 GMT

US protectionism to hurt trade relationship with China

Any of US trade protectionism measures against China would hurt bilateral relationships between both countries, China's Foreign Ministry spokesman stated.

Tue, 15 Aug 2017 15:51:11 GMT

Royal Bank of Scotland plans to cut 880 staff by 2020

The Royal Bank of Scotland is set to cut nearly 900 IT positions at London office in the next three years in attempt to reduce costs.

Tue, 15 Aug 2017 14:59:21 GMT

US retail sales and core retail sales beat forecasts for July

The Commerce Department reported that both retails sales and core retail sales in the US marked stronger-than-expected growth of 0.6% and 0.5%, respectively, in July.

Tue, 15 Aug 2017 14:57:53 GMT

Britain's consumer inflation holds at 2.6% in July

The ONS reported that consumer prices in the UK rose 2.6% over the course of July, which was equal to the prior month's figure, but weaker than forecasts for a 2.7% increase.

Tue, 15 Aug 2017 14:34:09 GMT

Iraqi oil city governor resigns, goes to Iran after corruption inquiry

The oil city governor of Basra stepped down from his post and travelled to Iran after the Iraqi anti-corruption body had launched an investigation over graft allegations against him.

Tue, 15 Aug 2017 14:29:08 GMT

GoDaddy, Google cut registration of Neo-Nazi website

On Tuesday, Google and GoDaddy revoked domain registration of the Neo-Nazi website called the Daily Stormer that brought the site down as it had violated the terms of service.

Tue, 15 Aug 2017 13:31:59 GMT

Three aid workers shot dead in Afghanistan

The Afghani officials reported on Tuesday that three aid workers working for the Catholic Relief Services were shot dead after a gunman attacked the building in the Ghor province.

Tue, 15 Aug 2017 13:27:19 GMT

Russia and China in talks over Korean peninsula situation

On Tuesday, Russia's Foreign Minister Sergei Lavrov and his China's counterpart Wang Yi discussed the current situation on the Korean peninsula, RIA news outlet reported.

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