• Pres. Trump announces trade deal with China

    Pres. Trump announces trade deal with China

    Economy

    The United States and China have struck a deal that will see Beijing lift a ban on US beef, allow imports of liquefied natural gas and increase access for USA financial firms. China banned U.S. beef following a case of mad cow disease in the United States in 2003. ENDING BEEF BAN: Under the agreement announced by both nations, China will authorise USA beef imports by July 16 while the United States will lift barriers on Chinese cooked poultry exports "as soon as possible".
  • OECD says new deal will help fight tax avoidance

    OECD says new deal will help fight tax avoidance

    Economy

    Mnuchin, who skipped the opening session in Bari where academics spoke on inequality and growth, arrived long after other ministers and told reporters he was "excited" about the emerging new USA trade policy. Financial ministers and bank governors pose for a family photo during the G7 for Financial ministers meeting in the southern Italian city of Bari, Italy May 13, 2017.
  • North Korea claims Central Intelligence Agency, S. Korea plotted to assassinate Kim Jong Un

    North Korea claims Central Intelligence Agency, S. Korea plotted to assassinate Kim Jong Un

    Economy

    Though Chinese analysts recognize the dangers posed by the North, they have long seen Chinese influence as limited and believe that US hostility toward North Korea is the root cause of peninsular tensions, Snyder said . "We will "ferret out and mercilessly destroy" the "terrorists" in the CIA and South Korean intelligence agency responsible for targeting its supreme leadership".
  • Paul McCartney tops Sunday Times Rich List

    Paul McCartney tops Sunday Times Rich List

    Economy

    However, despite Adele earning an eye-watering amount of dollah, she's still only joint 19th in the list of richest musicians - the rest of the list is dominated by men and sees Sir Paul McCartney in the top spot with £780m. Many of these groups continue to play lucrative gigs well-into their 70s - with their wealthier fans prepared to stump up more for their tickets than younger fans of new acts.
  • Short-handed Spurs humble Houston to advance

    Economy

    San Antonio won the second-round series in six games and punched their ticket to the Western Conference playoff finals against the Golden State Warriors, which kicks off on Sunday. Who: San Antonio Spurs vs. Prior to Game 6, Van Gundy went on Zach Lowe's podcast and said Aldridge needed to turn and face the basket and take more balanced mid-range jump shots instead of relying too heavily on his fadeaway.
  • North Korea open to United States talks under 'conditions'

    Economy

    The demand comes a week after the North sensationally alleged it uncovered a US-South Korean plot to kill Kim with biochemical, radioactive or poisonous substances during a major event, such as a military parade. North Korea claims the primary suspect is a man it has identified only by the ubiquitous surname "Kim". President Moon must differentiate himself enough from President Park that he regains some of the faith and trust many South Koreans lost in the office of the President.
  • Smooth Brexit should allow solid UK growth, BoE's Carney says

    Economy

    The Bank of England's Monetary Policy Committee (MPC) voted 7-1 in favour of keeping interest rates on hold at their record low 0.25% this month, as expected in a Reuters poll of economists. A rise in the pound's value would help inflation ease back in 2018 and 2019. The Bank's forecasts are based on a "smooth" adjustment to a new trading relationship with the European Union after Brexit, the MPC said.
  • US, EU in urgent discussions on pitch to expand laptop ban

    Economy

    The U.S. ban already in place requires passengers on global flights to put all laptop computers, electronic tablets and other devices larger than a smartphone into luggage checked into the cargo compartment. Jenny Burke, a Homeland Security spokeswoman, said no final decision has been made on expanding the restriction. Currently, passengers flying in to the US from 10 airports fall under the ambit of the ban that was introduced in March.
  • Federal Reserve set to wait on interest rate hike

    Economy

    As of the March 15 statement , Fed committee members anticipated maintaining this policy "until normalization of the level of the federal funds rate is well underway". "The committee views the slowing in growth during the first quarter as likely to be transitory", the Fed said in a unanimous statement. While the rate of economic growth leaves much to be desired, at 0.7% annual pace in the first quarter, unemployment hit a 10-year low, at 4.5%.