Economy

During his presidential campaign, Trump vowed to tear up the nuclear deal, which he called "the worst deal ever negotiated" but since he took office, his advisors have warned that this move would be more complicated than he thought, mainly because the deal also involves the UK, France, Germany, Russia, China, and the United Nations.
  • New South Korean President Takes Office, Faces Hard Issues

    New South Korean President Takes Office, Faces Hard Issues

    Economy

    A resumption of the now-shuttered South Korean industrial park in North Korea should be closely reviewed due to its possible conflict with United Nations sanctions resolutions, a government official said Thursday. Suh was instrumental in setting up two previous summits between the North and South. Since President Trump's election, they have watched the leaders of China and Japan go to Trump's resort in Florida for talks while their acting leader barely got a phone call from Washington.
  • Swiss voters back nuclear phase out and renewables surge

    Swiss voters back nuclear phase out and renewables surge

    Economy

    While many countries - including South Africa - look at expanding their nuclear power footprint, Switzerland has voted to phase out nuclear energy. In a vote yesterday, 58.2% of Swiss citizens voted in support of the revisions to the Energy Act.
  • Trump Arrives In Israel For Second Leg Of International Trip

    Trump Arrives In Israel For Second Leg Of International Trip

    Economy

    President Trump insisted Monday that he never divulged Israel as the source of highly classified intelligence about a terror plot when he spoke to Russian diplomats this month, as USA and Israeli officials tried to tamp down the controversy that has dogged him at home.
  • Indy 500 winners Dixon, Franchitti robbed at a Taco Bell

    Economy

    Police said they arrested two teenagers, ages 14 and 15, in connection with the robbery of credit cards and other personal valuables. "We will allow the Speedway/Indianapolis police departments to handle the situation and while they conduct their investigation we will refrain from making any further comments to allow Scott to focus on the upcoming Indianapolis 500".
  • Billy Horschel wins AT&T Byron Nelson on first playoff hole

    Billy Horschel wins AT&T Byron Nelson on first playoff hole

    Economy

    Having overshot the hole, the Australian pulled his four-foot return putt left while world No.76 Horschel had a tap-in for par and claimed his fourth USA tour title after having missed the cut at his previous three events. But his advantage was down to one by time he finished his next hole, the par-3 5th, with a triple bogey. Thompson broke the tournament record of 19 under at Kingsmill's River Course set by Annika Sorenstam in 2008.
  • Amazon plans to introduce new Go stores in the UK

    Amazon plans to introduce new Go stores in the UK

    Economy

    An Amazon Go store in Seattle.Matt Weinberger/Business InsiderAmazon has trademarked the slogan "No Lines. No Checkout. (No, Seriously.)" with the UK Intellectual Property Office which pretty much confirms that Amazon plans to bring its check-out-less stores to Blighty.
  • Trump wants peace through engagement with North Korea: South Korean envoy

    Economy

    The North has vowed to develop a missile mounted with a nuclear warhead that can strike the mainland USA, saying the programme is necessary to counter US aggression. missile shield deployed against North Korean missiles. North Korea is not a threat to the United States. A date and other specifics of the summit are still to be decided, Yoon said.
  • Fyre Festival under investigation by the FBI for all sorts of fraud

    Fyre Festival under investigation by the FBI for all sorts of fraud

    Economy

    The investigation is being overseen by "a prosecutor assigned to the complex frauds and cybercrime unit". Ja Rule's lawyer told the Times that the musician "would never participate in anything fraudulent; it's simply not in his DNA". Since the festival ended in disaster, seven lawsuits have been filed, with over 100 plaintiffs asking for millions of dollars. Numerous parties have yet to be paid; Blink-182, who were scheduled to headline, now have their gear stuck in "customs limbo".
  • Basquiat painting fetches record $110.5M at NY auction

    Basquiat painting fetches record $110.5M at NY auction

    Economy

    Generationally, I relate to Basquiat's culture and the essence of his life story". The painting, called Untitled , depicts a skull drawn in a primitive, nearly hastily scribbled style, done in oil stick and spray paint. The canvas had been virtually unseen in public since being bought in 1984 for $19,000. "I've never seen so much emotions in such a painting", he said.
  • Trump's travel ban heads to federal appeals court

    Trump's travel ban heads to federal appeals court

    Economy

    But Mr. Trump's attorneys found a skeptical audience among many members of the 4th U.S. Circuit Court of Appeals, who said statements by the candidate and later by the president and his team could taint the executive order . The U.S. government is appealing U.S. District Judge Theodore Chuang's March 15 ruling in Maryland that granted a nationwide preliminary injunction on the part of the travel order banning entry of foreign nationals from six Muslim-majority countries for 90 days.