Progressive Defeats Longtime Dem House Incumbent In Boston

Capuano conceded defeat to Pressley in the race to represent Massachusetts' 7th District approximately 90 minutes after the polls closed. With no Republican on the ballot in November's midterm election, Pressley is now nearly certain to become th... More..

by | Published more than a month ago
Petrol, diesel prices soar to record highs
by | Tuesday, September 04, 2018

Petrol, diesel prices soar to record highs

On Tuesday, the rupee closed to a record low of Rs 71.58 per dollar. The price of crude oil went up to $78.05 per barrel on Tuesday from $77.37 per barrel on Monday. Also driven by higher oil prices and robus...More..

Ramaphosa says Chinese aid is not 'new colonialism'
by | Monday, September 03, 2018

Ramaphosa says Chinese aid is not 'new colonialism'

Africa is growing in strategic importance for China, with the People's Liberation Army opening its first overseas naval base in Djibouti previous year. In May, African central banks, under the Macroeconomic a...More..

No deal yet in US, Canada NAFTA talks
by | Monday, September 03, 2018

No deal yet in US, Canada NAFTA talks

Trump again took to Twitter on Saturday, reports the Financial Post , this time saying there was no political necessity to include Canada in the trilateral trade agreement and threatening Congress to stay o...More..

Court nixes Trans Mountain Pipeline
by | Sunday, September 02, 2018

Court nixes Trans Mountain Pipeline

Trudeau had a teleconference with each province's Premier Thursday. A Canadian court has overturned Ottawa's approval of a hotly-contested pipeline project - throwing plans to almost triple the flow of Albe...More..

California lawmakers pass stiffest net neutrality law in US
by | Sunday, September 02, 2018

California lawmakers pass stiffest net neutrality law in US

On Friday, proponents hailed the passage as a landmark move toward fair and free access to the internet, saying other states were sure to follow. It remains unclear whether Governor Jerry Brown would have s...More..

View: By a 99.3% verdict, demonetisation was a farce
by | Thursday, August 30, 2018

View: By a 99.3% verdict, demonetisation was a farce

Reserve Bank of India (RBI) data says that circulation of Rs 2000 notes has seen a sharp fall in the past year.It is believed that the central bank is squeezing the supply of Rs 2000 notes to prevent black mone...More..

Tesla had VW funding lined up to go private, report says
by | Tuesday, August 28, 2018

Tesla had VW funding lined up to go private, report says

Tesla investors are likely to suffer a lengthy hangover from Elon Musk's aborted offer to take the company private, Wall Street has warned. The U.S. The company has said it expects to make 50,000 to 55,000 Mo...More..

US, Mexico reach NAFTA deal as pressure turns to Canada
by | Monday, August 27, 2018

US, Mexico reach NAFTA deal as pressure turns to Canada

United States Trade Representative Robert Lighthizer, left, and Mexican Secretary of Economy Idelfonso Guajardo, right, walk to the White House on Monday August 27, 2018 . The deal would require 75 percent of ...More..

Texas Exports More Oil Than It Imports for First Time in History
by | Sunday, August 26, 2018

Texas Exports More Oil Than It Imports for First Time in History

U.S. West Texas Intermediate (WTI) crude futures rose $2.02 to settle at $67.86 a barrel, a 3.1 percent gain. However, this week, because of falling United States crude oil inventories, the price of United ...More..

US, China step up trade war with tit-for-tat tariffs
by | Friday, August 24, 2018

US, China step up trade war with tit-for-tat tariffs

That figure would be far more than China imports from the United States, raising concerns that Beijing could consider other forms of retaliation, such as making life more hard for American firms in China ...More..

Fed Chair Powell's take on economy is awaited as risks loom
by | Friday, August 24, 2018

Fed Chair Powell's take on economy is awaited as risks loom

The Dollar index is now up 3% for 2018 after more than reversing a % first-quarter loss. The dollar snapped a five-day losing streak and the euro fell on Thursday, with the greenback boosted by political un...More..

Treasurer Scott Morrison to become Australia's next prime minister
by | Friday, August 24, 2018

Treasurer Scott Morrison to become Australia's next prime minister

The names would prove a majority of his government had abandoned him. Turnbull confirmed he had received a petition showing this support. When shown an old image of her sitting next to Turnbull, Gillard was...More..

Michael Cohen has information 'of interest' to Mueller: lawyer
by | Friday, August 24, 2018

Michael Cohen has information 'of interest' to Mueller: lawyer

Cohen did not name Trump in court, but his lawyer, Lanny Davis , said afterward that he was referring to the president. "And [Cohen] has flatly authorized me to say under no circumstances would he accept a p...More..

Trump Calls On SEC to Study Ending Quarterly Reporting
by | Sunday, August 19, 2018

Trump Calls On SEC to Study Ending Quarterly Reporting

President Donald Trump on Friday called on the U.S. Securities and Exchange Commission to study ending quarterly reporting requirements for public companies and switch to a six-month system in order to cut cos...More..

by | Friday, August 17, 2018

Qatar pledges $15 billion to invest in Turkey

He said: "We put sanctions on several cabinet members". Mr. Trump is taking issue with the continued detention in Turkey of Andrew Brunson, an American evangelical pastor who faces 35 years in prison on cha...More..

United States says more sanctions await if Turkey does not free pastor
by | Friday, August 17, 2018

United States says more sanctions await if Turkey does not free pastor

The US present had harsh words for Turkish officials during the cabinet session, saying, "They have not proven to be a good friend". US Vice President Mike Pence also renewed his threats to Turkey on Wednesda...More..

US official warns of more actions against Turkey if pastor not freed
by | Thursday, August 16, 2018

US official warns of more actions against Turkey if pastor not freed

The Qatari investments challenges the USA administration, as both Turkey and the US are living a diplomatic dispute as Erdogan refused to give in to pressures from the U.S.to release 50-year-old evangelical pas...More..

Turkey to Boycott US Goods, Erdogan 'Ready for War'
by | Wednesday, August 15, 2018

Turkey to Boycott US Goods, Erdogan 'Ready for War'

At any rate, it's not clear how Erdogan plans to enforce this boycott if indeed he intends to enforce it at all. Turkey has doubled tariffs on some US imports, such as cars, alcohol and tobacco, one day aft...More..

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018
by | Tuesday, August 14, 2018

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018

This has strained emerging market currencies such as India. However, Economic Affairs Secretary Subhash Chander Garg said external factors may ease going forward. The Turkish lira dived nearly 8 per cent ...More..

Turkey's Erdogan Vows Action Against 'Economic Terrorists' Over Lira Plunge
by | Tuesday, August 14, 2018

Turkey's Erdogan Vows Action Against 'Economic Terrorists' Over Lira Plunge

Erdogan reiterated on Monday his view that the currency's crash had no economic basis, saying that USA sanctions imposed on Turkey over the terrorism trial of the pastor, Andrew Brunson, represented a "...More..

Elon Musk in talks with Saudi fund to take Tesla private
by | Monday, August 13, 2018

Elon Musk in talks with Saudi fund to take Tesla private

According to the blog , the fund first met with Musk in early 2017 to discuss going private again, and the two parties met multiple times thereafter. Once those discussions are complete, Musk will bring a prop...More..

Erdogan warns USA of harming its own interests, security
by | Saturday, August 11, 2018

Erdogan warns USA of harming its own interests, security

Relations between Ankara and Washington have sunk to their lowest point in decades over a number of issues, including the detention of American pastor Andrew Brunson on terror-related charges, and the depreci...More..

Oil rises as U.S. sanctions on Iran stir supply worries
by | Friday, August 10, 2018

Oil rises as U.S. sanctions on Iran stir supply worries

It shipped out nearly 3 million barrels per day of crude in September, equivalent to about 3% of global demand. From November, Washington will target the petroleum sector in Iran, the No. West Texas Intermediat...More..

Tesla board confirms it will consider Musk's privatization plan
by | Wednesday, August 08, 2018

Tesla board confirms it will consider Musk's privatization plan

While Tesla's board of directors might approve Musk's idea of taking the automaker private, current shareholders have the final say. Elon Musk and Masayoshi Son held talks a year ago about SoftBank Group Co...More..

China Fires Back in Trade War
by | Wednesday, August 08, 2018

China Fires Back in Trade War

Late on Friday, China's finance ministry unveiled new sets of additional tariffs on 5,207 goods imported from the United States , with the extra levies ranging from five to 25 percent on a total value of goo...More..

by | Wednesday, August 08, 2018

Trump's China Trade War Just Escalated by $16 Billion

Amid a steep correction in crude prices, China said on Wednesday that it would impose a 25-percent tariff on U.S. imports worth US$16 billion, including crude oil, diesel, cars, coal, and steel products, in...More..

Dana White: Conor McGregor will not be punished for bus attack
by | Monday, August 06, 2018

Dana White: Conor McGregor will not be punished for bus attack

That led to charges for McGregor, who escaped a jail term and criminal record after pleading guilty to disorderly conduct, paving the way for the bout against Nurmagomedov. The announcement at Orpheum Theater i...More..

Oil up; traders cite industry report of crude build at Cushing
by | Monday, August 06, 2018

Oil up; traders cite industry report of crude build at Cushing

The FOMC interlude was even less of an event than expected but that belies some of the headline risk creeping back into play, as the market has been waiting for a Whitehouse press release on China tariffs which...More..

China warns of retaliation if United States takes more trade steps
by | Saturday, August 04, 2018

China warns of retaliation if United States takes more trade steps

But the two neighbors - and other US allies and trading partners - have slapped back with tariffs of their own, often aimed at USA farmers who supported Trump in the 2016 election. China has already warned it w...More..