Finance

USA suggests wiggle room for some countries on Iran sanctions

USA suggests wiggle room for some countries on Iran sanctions WASHINGTON-The Trump administration will consider requests for waivers from economic sanctions against Iran on a "case-by-case" basis, a senior State Department official said Monday, a step back from threats to insist on zero imports by a November 4 deadline. [Full Article...]

Coinbase Custody Is Now Open For Business

Coinbase Custody Is Now Open For Business According to the official blog post , Custody accepted its first deposit last week. Coinbase wasn't the only firm taking up the institutional investment spotlight, as Blockchain has also announced its own institutional platform, affectionately named Blockchain Principal Strategies by the cryptocurrency infrastructure firm. [Full Article...]

The Commerce Dept. Blasts Chinese Telecom as a National Security Risk

The Commerce Dept. Blasts Chinese Telecom as a National Security Risk Officials had "significant engagement" with China Mobile but weren't able to resolve concerns, David Redl, assistant secretary for communications and information at NTIA, said in a news release. The agency said its assessment was also a result of China's "record of intelligence activities and economic espionage targeting the U.S., along with China Mobile's size and technical and financial re... [Full Article...]

Cheer for farmers: Government fixes MSP at 150% of production-cost

Cheer for farmers: Government fixes MSP at 150% of production-cost Paddy, the main kharif crop, will see an increase of Rs. 200, a 13% hike on last year's MSP . "MSP announced is higher in absolute terms, but below the recommended level", he said . Singh said farmers in India are the largest producers, consumers and customers, and yet have never got the right value for their produce since Independence. [Full Article...]

HNA chairman Wang died falling off wall in France, says police source

HNA chairman Wang died falling off wall in France, says police source He said Mr Wang fell some 15m (50ft). Mr Wang, who had a net worth of US$1.7 billion (£1.3 billion) according to Forbes, was one of the key players in HNA's aggressive expansion from a regional company to the massive conglomerate it is today. [Full Article...]

Everything You Need to Know About Nathan's Hot Dog Eating Contest

Everything You Need to Know About Nathan's Hot Dog Eating Contest Chestnut consumed 64 hot dogs in 10 minutes Wednesday. Sudo, 32, fell short of the 41 hot dogs she consumed previous year. After a brief judging dispute, it was revealed that Chestnut had eaten many more hot dogs than the running tally had indicated. [Full Article...]

China issues warning for citizens travelling to US

China issues warning for citizens travelling to US But the European Union has warned the United States that imposing import tariffs on cars and vehicle parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of US exports. Germany's exporter-heavy DAX fell half a percent and Britain's FTSE 100 fell 0.3 percent. Many European companies would suffer because they both produce and sell... [Full Article...]

S.C. among states hit hardest by tariffs

S.C. among states hit hardest by tariffs It won't target the 284 additions, worth $16 billion, until it gathers further public comments. " Trump has split the West, and China is seeking to capitalize on that". economy and would prompt strong retaliation. China is expected to impose a new 25-percent tax on soybeans in July. But they treat us very badly. The EU, Mexico, Canada, Turkey and India introduced duties on USA products in ret... [Full Article...]

Hyundai quick to quell FCA takeover rumors

Hyundai quick to quell FCA takeover rumors With FCA looking at an impending CEO change (Sergio Marchionne is set to step down in April of next year), stock prices may experience some form of movement following the transition. However, the takeover would benefit both automakers, making the new group the world's largest automaker producing over 11 million cars per year and provide FCA with a foothold in the growing Asian market, as well as e... [Full Article...]

Tory Brexiteer's Message To Remainers Turning On Jacob Rees-Mogg

Tory Brexiteer's Message To Remainers Turning On Jacob Rees-Mogg Writing in the Daily Telegraph , Mr Rees-Mogg, tipped as a potential Tory leader, warned the Prime Minister that backsliding on her promise to leave the single market and customs union would divide Conservatives like Sir Robert Peel, who plunged the party into the political wilderness for almost three decades over the Corn Laws. [Full Article...]

Watch LeBron James' iconic 10-story banner in Cleveland get torn down

Watch LeBron James' iconic 10-story banner in Cleveland get torn down Kawhi Leonard is set to hit free agency and his preferred destination has been Los Angeles as far as a trade was concerned this offseason. The biggest reminder of the LeBron James era in Cleveland came down on Tuesday as workers removed a billboard featuring the four-time NBA MVP. [Full Article...]

Axios: Trump Bill Would Give Him Unilateral Power to Ignore WTO Rules

Trump is pushing a bill that's literally called the US FART Act. Trump was reportedly briefed on the draft in late May. American consumers pay for tariffs. He said he wasn't "planning anything now" but if the WTO doesn't treat the USA properly, "we will be doing something". White House spokeswoman Lindsay Walters said in response, "It is no secret that POTUS has had frustrations with the unfai... [Full Article...]

Is Donald Trump on a relentless quest to corner Iran?

US President Donald Trump tweeted on Saturday that Saudi Arabia's King Salman bin Abdulaziz Al Saud had agreed to pump more oil, "maybe up to 2,000,000 barrels". The move partly reversed the original OPEC+1 deal which came into force in January a year ago and was created to reduce the global glut in oil. Apart from Iran, Venezuela, Libya and Angola are also facing chronic production issues. [Full Article...]

European Union gives stark warning to USA over auto tariffs

European Union gives stark warning to USA over auto tariffs The stark warning was included in the European Commission's written response to the Trump administration's investigation into imports of cars and vehicle parts. "It is awful what they do to us", Trump said in a television interview Sunday, citing trade deficits and "the auto situation". That figure would account for 19 percent of US goods sold in the European Union in 2017. [Full Article...]

Trump vows to help Harley-Davidson competitors move into the U.S.

Trump vows to help Harley-Davidson competitors move into the U.S. Trump used to boast about his administration's closeness with Harley, but now he's saying he'll work with other companies if they proceed with their move. Still, it has said that all of its motorcycles sold in the US will continue to be made in the U.S. These quotes show that Mr. Trump will use the power of the presidency to attack any person or corporation that does not bow down to him. [Full Article...]

Walmart Draws Fire as Third-Party Sellers Hawk 'Impeach 45' T-Shirts

Walmart Draws Fire as Third-Party Sellers Hawk 'Impeach 45' T-Shirts Walmart customers who support President Donald Trump slammed the retailer for selling items that read "Impeach 45" and "Impeach Trump" produced by third-party companies. " #BoycottWalmart ", wrote Twitter user MarLee (@Mar_Lee_C). Old Glory is the company that sells the "Impeach 45" apparel and it's not the only one. [Full Article...]

Merkel coalition's fate hangs in balance after threat

Merkel coalition's fate hangs in balance after threat That decision convulsed European politics, fuelling the rise of anti-immigration parties, including the far-right Alternative for Germany party, which now threatens to unseat the CSU in October's regional elections. Social Democrat leader Andrea Nahles said the plan was worthless without bilateral deals with countries such as Italy and Austria. Securing the consent of other European Union countr... [Full Article...]

Trump congratulates new leftist Mexico leader

Trump congratulates new leftist Mexico leader I would say, even better than anticipated, and I told him a number of years ago when I saw him campaigning for a different race, a different era, I said he'll be someday the president of Mexico. When the United States told Mexico to stop, detain and deport Central American migrants who enter its territory, Nieto eagerly complied. The drug trade has grown - cultivation of poppies is up and Me... [Full Article...]

Mexico's AMLO Calls Trump 'Erratic and Arrogant'

Both Republican and Democratic opposition is mounting to President Trump's potential nominee. "I think the relationship will be a very good one". Urzua said the new government was open to proposals that Mexico create a fiscal council to help control deficits and budget spending. [Full Article...]

Dwight Howard wants to play with LeBron James

Dwight Howard wants to play with LeBron James That mission was accomplished when the Cavaliers won the 2016 crown with James in the starring role as Cleveland celebrated a sports champion for the first time in 52 years. In a short statement, he said on Instagram: "Thank you Northeast Ohio for an incredible four seasons". But that option vanished after James opted out of his one-year contract extension with the Cavs that would have paid hi... [Full Article...]


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