News

Sat, 26 Aug 2017 09:14:42 GMT

Swedish government pulls tax increase

The government of Sweden pulled two tax increase proposals in order to prevent potential no-confidence waves and gain a budget that would be accepted before next year's election.

Sat, 26 Aug 2017 08:13:34 GMT

Deputy Assistant to President Trump leaves White House

The Deputy Assistant to the US President Donald Trump Sebastian Gorka has been forced out of his position at the White House, sources close to the matter reported.

Sat, 26 Aug 2017 07:50:23 GMT

Australians rally in support of same-sex marriage

On Saturday, thousands of Australians rallied in support of same-sex marriage in the country's second largest city of Melbourne ahead of the upcoming postal survey on legalising same-sex marriage.

Sat, 26 Aug 2017 07:29:44 GMT

North Korea fires missiles in response to military exercises by US, South Korea

North Korea launched several missiles from its eastern coast into the sea on Saturday, as the US and South Korea began annual military exercises.

Sat, 26 Aug 2017 07:21:22 GMT

France's ministers arrive in Baghdad to discuss war against ISIS

On Saturday, France's Foreign Minister Jean-Yves Le Drian and the country's Defence Minister Florence Parly arrived in Baghdad to discuss with Iraq's leaders the war against the Islamic State.

Sat, 26 Aug 2017 06:35:23 GMT

Qatari FM discusses Gulf crisis with British counterpart

The Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani discussed possible solutions to the Gulf crisis with the UK Foreign Secretary Boris Johnson on Friday.

Sat, 26 Aug 2017 06:34:18 GMT

Hurricane Harvey hits Texas

The hurricane Harvey hit South Texas as a category 4 storm with life-threatening winds and the likelihood of flooding, leaving thousands without power.

Sat, 26 Aug 2017 05:32:54 GMT

US Black Hawk helicopter crashes in Yemen

A US Black Hawk helicopter crashed off the southern coast of Yemen during a training mission with one service member missing following the incident.

Sat, 26 Aug 2017 05:31:55 GMT

Thailand's former PM Yingluck flees to Dubai

Thailand's former prime minister Yingluck Shinawatra fled to Dubai, facing a possible 10-year jail term in the home country.

Sat, 26 Aug 2017 04:18:55 GMT

Philippines to lift Uber suspension if hefty penalty paid

The Philippines transport regulator stated that it would cancel a one-month Uber suspension, if the company pays a fine of $3.7M, which is 20 times higher than Uber offered before.

Sat, 26 Aug 2017 04:18:13 GMT

China bans business with North Korea

Chinese Commerce Ministry banned North Korean enterprses and individuals from doing business in the counrty in line with UN Security Council sanctions.

Sat, 26 Aug 2017 03:19:44 GMT

Trump set to rescind Obama's ‘Dreamer' program

Donald Trump is set to rescind an Obama-implemented policy known as ‘Dreamers', which protected nearly 600K immigrants who entered the US illegally as children.

Sat, 26 Aug 2017 03:18:57 GMT

Draghi says QE program of ECB working

The ultra-easy monetary policy of the ECB was working and the bloc's economic recovery stregthened even with inflation below the 2% target, Mario Draghi stated.

Sat, 26 Aug 2017 02:29:37 GMT

New Venezuela sanctions to restrict its access to US debt matket

Steven Mnuchin, the US Treasury Secretary, stated that new sanctions against Venezuela were aligned to restrict its access to US equity and debt markets.

Sat, 26 Aug 2017 02:24:43 GMT

UN urges Mexico and US to enhance refugee protection

The UN official stated that Mexico and the United States need to boost protection for refugee applicants and asylum seekers, especially along its common border.

Fri, 25 Aug 2017 19:54:17 GMT

ECB Mario Draghi's optimism lifts EUR/USD

The Euro hit its highest against the US Dollar on Friday after the ECB President Mario Draghi expressed optimism over the Euro zone economy and the single currency.

Fri, 25 Aug 2017 19:52:39 GMT

Oil prices rise as Hurricane Harvey approaches US Gulf coast

The price of oil rose almost 1% on Friday amid the weak US Dollar and threats stemming from the Hurricane Harvey.

Fri, 25 Aug 2017 19:01:20 GMT

Brazil's tax revenue falls 0.3% last month

Brazil's tax agency reported on Friday that the country's federal tax revenue dropped 0.3% year-over-year in July, the worst since 2010.

Fri, 25 Aug 2017 18:56:53 GMT

VW manager says former CEO knew of emissions tests cheating

An anonymous quality manager of Volkswagen reported on Friday that he told the former CEO Martin Winterkorn on July 27, 2015, that VW cheated during emissions tests in the US.

Fri, 25 Aug 2017 18:13:41 GMT

Orders for US-manufactured durable goods plunge 6.8%

The Census Bureau reported that orders for US-made durable goods dropped 6.8% in July, following the preceding month's surge of 6.4%, while analysts expected a fall of 6.0%.

Fri, 25 Aug 2017 18:13:06 GMT

German business confidence deteriorates less than expected

The Munich-based Ifo Institute reported on Friday that its Business Climate Index fell to 115.6 in August from 116.0 in the prior month, whereas analysts anticipated a drop to 115.5.

Fri, 25 Aug 2017 17:04:16 GMT

Iraqi forces retake more Tal Afar areas

Iraqi government troops and allied paramilitary forces broke through the IS lines inside Tal Afar, reaching the centre of the city, the military reported on Friday.

Fri, 25 Aug 2017 17:03:25 GMT

New purge in Turkey sees hundreds of civil servants in latest decrees

According to an emergency decree published in the official gazette on Friday, hundreds of officials had been dismissed in the ongoing fallout from the 2016 coup in Turkey. 

Fri, 25 Aug 2017 16:05:16 GMT

Angola's ruling party wins national election

Angolan ruling MPLA party won the national election and ensured that the Defense Minister Joao Lourenco would be the country's next leader.

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