News

Sun, 03 Jun 2018 04:35:22 GMT

Giuliani states legal fight begins if Mueller subpoenas Trump

The US President Donald Trump's attorney revealed that if the counsel investigating Russia's meddling somehow subpoenas the president Trump, it would trigger a legal battle.

Sun, 03 Jun 2018 04:23:58 GMT

G7 chiefs of finance sets trade dispute further to summit in Quebec

On Sunday, leaders of the finance of the closest US allies dropped anger over the import tariffs on metal, ending a three-day G7 summit by setting continuation next week in Quebec.

Sun, 03 Jun 2018 03:24:43 GMT

US trade mission targets changes to economy of China

The US wanted trade negotiations in Beijing to result in the Chinese economy's structural changes, in addition to higher China's purchases of US goods, the US Treasury Secretary stated.

Sun, 03 Jun 2018 03:24:00 GMT

BoJ Kuroda admits some weaknesses in Japan's prices

The BoJ Governor Haruhiko Kuroda stated that inflation was weak despite of a stable economic growth, indicating the readiness of the Bank to keep its monetary stimulus program.

Sun, 03 Jun 2018 02:27:13 GMT

Poloz: BoC data-dependent due to trade tensions

The unclarity over increasing trade tensions indicated that the Bank of Canada is likely to be data-dependent, when setting monetary, the Bank's Governor Stephen Poloz stated.

Sun, 03 Jun 2018 02:26:38 GMT

French-German agreement on EZ ‘fiscal capacity' in scope

The Finance Minister of France Bruno Le Maire stated that he was sure of reaching a deal with Germany this month on establishing a "fiscal capacity" within the EZ.

Sat, 02 Jun 2018 20:25:02 GMT

Spain might survive Frankenstein government

A non-confidence vote for Prime Minister Mariano Rajoy possesses to replace his questionable minority administration with a one that's stitched together from disparate parties.

Sat, 02 Jun 2018 20:12:51 GMT

Poor conditions and falling behind while under Trump administration

Poverty level in the United States is substantial and getting even worse while under the Donald Trump administration, based on conclusions by a UN extreme poverty and human rights expert.

Sat, 02 Jun 2018 19:19:03 GMT

Toshiba has their reasons to stick to its cash pile

Toshiba encounters an unfamiliar problem of overabundance. The Japanese electronics group that was hit by the scandal is finally ready to close its $18B memory-chip business.

Sat, 02 Jun 2018 19:18:51 GMT

Rajaratnam fails to shorten insider trading conviction

A federal government appeals court rejected a bid on Friday, that was made by high-profile hedge fund manager Raj Rajaratnam, convicted for insider trading in the US crackdown.

Sat, 02 Jun 2018 18:32:57 GMT

Mattis warns about Chinese intimidation and seeks results-oriented ties

The United States sees fit to work on a results-oriented partnership with China, but Beijing's activities were more compulsory and the Pentagon is ready to compete vigorously if necessary.

Sat, 02 Jun 2018 18:20:56 GMT

US commerce secretary to push China to buy while allies deal with tariffs

The US Commerce Secretary Wilbur Ross came to Beijing on Saturday with an aim to secure an increase of Chinese purchases of the US energy and goods, days after imposed tariffs on metals.

Sat, 02 Jun 2018 17:16:50 GMT

US torpedoes UN plan on higher taxes for sugary drinks

The United States blocked on Saturday the World Health Organization's proposal to increase taxes on sweet drinks and direct the collected funds on fight against obesity and diabetes.

Sat, 02 Jun 2018 17:09:42 GMT

Al-Qaeda threatens Saudi Arabia

Al-Qaeda addressed on Saturday the Crown Prince of Saudi Arabia Mohammad bin Salman, threatening to take action if he continues to replace mosques with cinemas as part of the announced liberal reforms.

Sat, 02 Jun 2018 16:06:07 GMT

US Wilbur arrives to Beijing

The US Secretary of Secretary Wilbur Ross arrived to Beijing on Saturday to meet with his Chinese colleagues and discuss trade balance between two countries as well as possible tariffs hike.

Sat, 02 Jun 2018 16:06:00 GMT

Saudi Arabia threatens to use military force against Qatar

According to report published by the Le Monde, Saudi Arabia would use military force against Qatar if the latter acquired Russian S-400 defence systems.

Sat, 02 Jun 2018 15:01:36 GMT

China blames US for interference in its internal affairs

The Vice President of China's Academy of Military Sciences He Lei warned on Saturday that any American criticism related to China's attempt to deploy arms on islands in the South China Sea would be considered as interference in its internal affairs.

Sat, 02 Jun 2018 15:01:30 GMT

Egypt to resume potato supply to Russia

According to the MENA news agency, Russian authorities agreed to cancel ban on import of Egyptian potatoes and resume supplies from June 6.

Sat, 02 Jun 2018 14:10:16 GMT

Saudi Arabia selects first Minister of Culture

Prince Badr bin Abdullah bin Farhan was appointed as the first-ever Minister of Culture of Saudi Arabia, the Saudi Press Agency reported on Saturday.

Sat, 02 Jun 2018 14:08:28 GMT

Sanchez becomes new Spanish PM

The leader of Socialists Pedro Sanchez on Saturday sworn in as the new Prime Minister of Spain, thus taking the chair from Mariano Rajoy who lost in a confidence vote over a bribery scandal.

Sat, 02 Jun 2018 09:01:32 GMT

US vetoes UN resolution denouncing aggression against Palestinians

The United States on Friday vetoed a Kuwaiti-drafted UN Security Council resolution which condemned Israel using forces against civilians of Palestine.

Sat, 02 Jun 2018 09:01:23 GMT

US may soon claim approximately $1.7B penalty from ZTE Corp

The Trump administration might soon claim around $1.7B fine from ZTE Corp, as it looks for ways to tighten control and penalize Chinese telecommunications company.

Sat, 02 Jun 2018 08:13:55 GMT

Chinese Vice Premier and US Commerce Secretary set for Sunday talks

The US Commerce Secretary Wilbur Ross expects to meet Liu He, Chinese Vice Premier on the last week's day, as the world's biggest economies aim to cool down rising trade spat.

Sat, 02 Jun 2018 08:13:44 GMT

US grand jury queries social media expert to clue Trump supporter

A social media advisor who worked with famous Roger Stone, Donald Trump's ally during the 2016 US presidential run testified before a grand jury on the last workweek day.

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