News

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Sat, 23 Sep 2017 09:54:11 GMT

UK's May sets out plan to retain access to EU single market

The UK Prime Minister Theresa May set out a plan to retain a full access to the EU's single market for 2 years after Brexit to reset the tone of stalled talks with Brussels.

Sat, 23 Sep 2017 09:10:36 GMT

Moody's downgrades Britain's rating amid Brexit

The rating agency Moody's revised downwards the UK's credit rating to Aa2 amid fears that Brexit would weigh on the economy.

Sat, 23 Sep 2017 09:06:07 GMT

Greece to remain under supervision after bailout programme ends

The Head of the group of the Eurozone finance ministers Jeroen Dieselbloem said that Greece would remain under supervision after the country exits its current bailout programme next year. 

Sat, 23 Sep 2017 08:21:46 GMT

Iran successfully tests medium-range missile

Iran announced it had successfully tested a new medium-range missile, in defiance of the US President Donald Trump, who criticised Iran's missile programme and the 2015 nuclear deal with the country. 

Sat, 23 Sep 2017 08:15:30 GMT

UK Minister for London criticises capital's authorities for not renewing Uber's license

The UK government Minister for London criticised the London authorities for deciding not to renew Uber's taxi license expiring on September 30, a setback for the US company that has become a major player in the capital's transport system.

Sat, 23 Sep 2017 07:18:08 GMT

Canada, Ukraine to strengthen bilateral relations

Ukraine and Canada confirmed a joint commitment to strengthen bilateral relations to ensure that both Ukrainians and Canadians can benefit from the Canada-Ukraine Free Trade Agreement.   

Sat, 23 Sep 2017 07:13:49 GMT

Russia calls for calm while US feels challenged by North Korea's threats

Russia urged to calm down, as the US admitted it felt challenged by North Korea's statement that it could test a hydrogen bomb over the Pacific, and the US President Donald Trump and the leader of North Korea Kim Jong Un traded more insults.

Sat, 23 Sep 2017 06:02:26 GMT

Russia ready to extend oil production cuts if necessary

The Russian Energy Minister Alexander Novak reported that Russia was ready to extend the oil production cuts agreed with the OPEC beyond the Q1 of 2018 if necessary.

Sat, 23 Sep 2017 06:02:03 GMT

NAFTA renegotiation to be delayed

The US Commerce Secretary Wilbur Ross reported that the NAFTA renegotiation might be delayed amid regional elections in both Canada and Mexico.

Sat, 23 Sep 2017 04:52:12 GMT

Canada is unlikely to quit NAFTA negotiations

Amid Canada's strong trade dependency on the US market, the country would unlikely quit the NAFTA talks, according to market analysts and government insiders.

Sat, 23 Sep 2017 04:51:55 GMT

China urges for Japan to continue dialogue over North Korea

On Saturday, China's Foreign Minister Wang Yi urged for Japan to continue with the dialogue over North Korea.

Sat, 23 Sep 2017 04:26:14 GMT

California, Ohio, Wisconsin say they were targeted by Russian hackers

California, Ohio, Wisconsin and 10 more states reported that they were among 21 states targeted by Russian hackers during the 2016 Presidential Election.

Sat, 23 Sep 2017 04:24:13 GMT

China to hit North Korea's major exports and imports

On Saturday, China reported that it would ban petroleum exports to North Korea and textile imports from the neighboring country.

Fri, 22 Sep 2017 20:11:55 GMT

Oil price surges to $56.86 amid OPEC meeting in Vienna

Oil prices rose by 43 cents on Friday, reaching $56.86 a barrel, as key producers met in Vienna and notified that they might wait until January to expand volume of production beyod the Q1.

Fri, 22 Sep 2017 20:11:48 GMT

Canada to impose personal sanctions against Maduro

On Friday, the Foreign Ministry of Canada said that it will impose personal sanctions against forty Venezuelan top officials, as a punishment for "anti-democratic behaviour".

Fri, 22 Sep 2017 19:01:18 GMT

US HHS Office to investigate Price's use of private jets

On Friday, the US Department of Health and Human Services (HHS) Inspector General Daniel Levinson said that it would conduct an internal investigation over the US Health Secretary Tom Price's alleged use of private aircraft for working needs.

Fri, 22 Sep 2017 19:01:10 GMT

Investors remain optimistic about NAFTA talks

On Friday, the Foreign Minister of Mexico Luis Videgaray noted that most of investors remained optimistic about a result of the NAFTA trade deal renegotiation.

Fri, 22 Sep 2017 18:04:13 GMT

ECB official draws parallel between Bitcoin and tulip mania

On Friday, the Vice President of the European Central Bank Vitor Constancio classified Bitcoin, as an instrument of speculation, but noted that it does not pose a threat to the central bank's monetary policy.

Fri, 22 Sep 2017 18:04:02 GMT

Mexico earthquake death toll rises to 286

The number of people who died in the devastating earthquake on Friday surged to 286, as a 7.1-magnitude earthquake toppled buildings and sparked fires in Mexico City.

Fri, 22 Sep 2017 17:03:06 GMT

US services activity worsens more than expected

Markit reported on Friday that its PMI for the US services sector dropped to 55.1 points in September, down from the prior month's 56.0 and missing analysts' expectations for a slight decline to 55.8.

Fri, 22 Sep 2017 17:02:20 GMT

Canadian retail sales grow 0.2% in July

According to Statistics Canada, core retail sales climbed 0.2% in July after rising 0.4% in the preceding month, whereas analysts anticipated an increase of 0.4%.

Fri, 22 Sep 2017 16:07:33 GMT

Britain's May to leave UK in EU's single market

The British Prime Minister Theresa May called for the UK to stay in the EU's single market during the two-year transition period.

Fri, 22 Sep 2017 16:06:50 GMT

Romania's Deputy PM faces investigation over corruption claims

The Romanian Deputy Prime Minister Sevil Shhaideh has been revealed as the main suspect in a criminal investigation conducted by the country's anti-corruption prosecutors.

Fri, 22 Sep 2017 14:51:20 GMT

US manufacturing activity improves slightly

Markit reported on Friday that its PMI for the US manufacturing sector rose to 53.0 in September from the prior month's 52.8.

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