• Lira fall a political plot, says Erdogan
Lira fall a political plot, says Erdogan

In an interview with the newspaper Hurriyet, Treasury and Finance Minister Berat Albayrak also said the government had no plans to seize foreign currency deposits or convert deposits to the Turkish lira. Turkey and the US are now experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Suleyman Soylu and Just...

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  • Scattered Protests, Heavy Security Across Iran After New Sanctions
Scattered Protests, Heavy Security Across Iran After New Sanctions

The Wall Street Journal first reported in January that after two years of routine harassment of American vessels, including instances in which the U.S. The European Union is also embroiled in a trade war with the United States. "We don't find the sanctions right either", Turkish Foreign Minister Mevlut Cavusoglu said.

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  • Despite Weak Teapot Demand, China's Oil Imports Recover In July
Despite Weak Teapot Demand, China's Oil Imports Recover In July

The 25 percent tariffs will go into effect August 23, targeting cars, crude oil, natural gas and coal. China, however, would run out of USA imports to levy, as it bought only $130 billion worth of American goods past year. Its imports from the USA rose 11.8 percent in the same period. With higher oil prices this year and the taxes they now can'...

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  • Tesla shares halted as Elon Musk tweets he'll take the firm private
Tesla shares halted as Elon Musk tweets he'll take the firm private

The post included an email from Musk to company employees in which the billionaire tech executive said going private was "the best path forward" for Tesla. The stock was halted at $366.94 per share. Tesla didn't immediately respond to a request for comment. Elon Musk said he's thinking about taking Tesla private .

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  • Harley Davidson forays into entry-level 250-500cc class motorcycles
Harley Davidson forays into entry-level 250-500cc class motorcycles

The company said LiveWire will be followed by more "twist and go" electric two-wheelers over the next few years, with lighter and smaller models already planned. And Harley Davidson is scouting for an Asian partner for its mid-capacity motorcycle foray. "The company expects to fund strategic opportunities while maintaining its current investme...

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  • Canada requests NAFTA review of USA tariffs on Canadian solar panel products
Canada requests NAFTA review of USA tariffs on Canadian solar panel products

Canada is fighting trade battles with the US on numerous fronts and getting ready for new attacks in the future. Seade said in an interview last month that he sees a deal as possible before the USA congressional election, and that the incoming president's team fundamentally agrees with the nation's current negotiating positions, reports Bloomberg.

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  • Trump offers help to farmers hit by escalating China trade war
Trump offers help to farmers hit by escalating China trade war

Trump's willingness to buck the advice of his advisors is evidence of an "increasingly defiant...trade strategy", the Post reports . WASHINGTON-President Donald Trump slammed critics of his trade policies on Wednesday, warning they are undermining his negotiating position while American farmers are being "ripped off".

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  • Trump Blasts EU's Fine on Google
Trump Blasts EU's Fine on Google

The Brussels regulator insisted the tech giant had used Android illegally to "cement its dominant position" in user searches. Having said that, the fine represents just over two weeks of revenue for Google parent company Alphabet, according to Reuters - a sum that "would scarcely dent" the company's current cash reserves of $102.9b.

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  • An all-party government would defeat the Tories, not join them
An all-party government would defeat the Tories, not join them

After bowing to pro-Brexit lawmakers in her party on Monday, the prime minister may have opened the door to their growing calls for her to ditch the Chequers plan. "If we get distracted by individual amendments to individual pieces of legislation. then I think we get dragged into an unnecessary debate that wastes a lot of time and energy", Foreig...

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  • 5 things to know about Tesla’s China plans
5 things to know about Tesla’s China plans

Former Tesla employee Martin Tripp has submitted a tip to the Securities and Exchange Commission accusing Tesla of both misleading investors and allowing potential unsafe vehicles to be sold to consumers. Panasonic would be open to working with Tesla in Shanghai , Bloomberg reported . Tripp says it didn't happen. Tesla then sued Martin Tripp,...

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  • Turkey's opposition concedes election defeat as Erdogan returns as president
Turkey's opposition concedes election defeat as Erdogan returns as president

In the parliamentary vote, with 88 per cent of ballot boxes counted, according to Anadolu, Erdogan's People's Alliance, which includes his Justice and Development Party, or AKP, and a small nationalist party, stood at 54.4 per cent, while the opposition Nation Alliance grouping together nationalists, secularists and a small Islamic-leaning party, w...

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  • 1 deputy killed, another critically hurt in shooting near Kansas courthouse
1 deputy killed, another critically hurt in shooting near Kansas courthouse

The Kansas Capitol Police tweeted their prayers to deputies who were shot. Two Wyandotte County Sheriff's Deputies have been shot in Kansas City, Kansas. He had seven years of service as an officer. The shooting happened before 11:17 a.m. Friday near the corner of 8th Street and Ann Avenue. Colón earlier said he was "very confident (the shoot...

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  • Best Twitter reactions to IHOb, the International House of Burgers
Best Twitter reactions to IHOb, the International House of Burgers

Speculation that the "b" stood for breakfast was shot down when IHOP employees began spilling the beans about the burgers . "Dear Internet, we abbreciate your batience", the company said on Monday. "Based on fan demand, there's the chance we may create more IHOb restaurants in the future". So, naturally, the store is now adding and the h...

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  • Trump criticizes Justin Trudeau, says United States won't endorse G7 statement
Trump criticizes Justin Trudeau, says United States won't endorse G7 statement

Mrs May said: "Where we disagree with our allies on something it is right that we say so and air the issue openly and frankly". But this was more an indication of how poorly Mr Trump understands the global trading system than a serious summons to the negotiating table.

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  • Porsche christens first electric the Taycan
Porsche christens first electric the Taycan

The expected range is more than 500 km on the somewhat generous NEDC test cycle. The good news is that the Taycan will also have a driving range around 300 miles, which will pit it directly against the Tesla Model S. But we're now one step closer to having a battery-electric Porsche on the road, which has at least one high-profile CEO likel...

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  • U.S. reaches deal with China's ZTE, commerce secretary says
U.S. reaches deal with China's ZTE, commerce secretary says

The deal also forces ZTE to make changes to its management. WIthout access to these American companies, ZTE essentially can't do business . One of the United States companies caught in the crossfire is Qualcomm Inc, whose products account for the lion's share of chips inside ZTE smartphones .

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  • Merkel offers Macron concessions on eurozone reforms
Merkel offers Macron concessions on eurozone reforms

In her first detailed response to Emmanuel Macron's euro-zone ideas, the German chancellor blends caution and compromise: Yay to a Euro-IMF and deeper common defense, nay to Italian debt relief. Italy's new interior minister, Matteo Salvini , has said that Italians "aren't the slaves" of European Union powerhouses Germany and France. Merkel a...

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  • Sears Is Closing at Least 63 More Stores, Here’s the Full List
Sears Is Closing at Least 63 More Stores, Here’s the Full List

Sears Holdings will close another 100 unprofitable stores after another quarter of losses and slowing sales. "We continue to evaluate our network of stores, which are a critical component in our transformation, and will make further adjustments as needed and as warranted", Sears said .

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  • M5S, League say Giuseppe Conte's still their man for Italy
M5S, League say Giuseppe Conte's still their man for Italy

Italy's president swore in western Europe's first populist government Friday, featuring a mix of anti-establishment and right-wing ministers who have promised an "Italy first" agenda that has alarmed Europe's political establishment. FILE - European Commission President Jean-Claude Juncker delivers a speech during a debate on the future of Europe...

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  • Memorial Day weekend gas prices highest in four years
Memorial Day weekend gas prices highest in four years

Higher gas prices mean higher visitor spending, which a year ago reached $10.2 billion in OR, said Leon Aliski, Dean Runyan Associates project manager. "Compared to past year it was $2.37 per gallon", said Donna Ottinger with AAA . Thanks OPEC and Russia: The rebound in oil prices from the crash of 2015-2016 was engineered in large part by OP...

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  • Oil falls on shock US stock builds, Opec supply worries
Oil falls on shock US stock builds, Opec supply worries

The premium of Brent crude over U.S. West Texas Intermediate futures neared $8 a barrel, close to its widest in three years. Rising supply in the United States, where shale production is forecast to hit a record high in June, has limited the upward move in prices.

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  • GDPR takes effect: What you need to know
GDPR takes effect: What you need to know

Companies that already hold users' data have to reach out to customers and ask for permission to retain it. Authorities can fine companies up to 4 percent of their annual revenue, or 20 million euros, whichever is higher , for breaching the rules.

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  • Israeli PM Praises Pompeo's Iran Speech as 'Policy That Can Guarantee Security'
Israeli PM Praises Pompeo's Iran Speech as 'Policy That Can Guarantee Security'

Security Council, plus Germany, that was meant to block the Iranian government's path to a nuclear weapon. He also demanded Iran release all United States citizens imprisoned on a variety of charges, including espionage. Critics yawn, but some of those showed Iranian determination to roll ahead with its weaponizing ambition, if at a slower pace...

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  • Senate Votes Yes to Save Net Neutrality - But What's Next?
Senate Votes Yes to Save Net Neutrality - But What's Next?

The bill would reverse a decision the FCC made last December, to undo net neutrality rules, put in place by the Obama administration. "Net neutrality protected everyone. "The promise of an open internet is foundational to providing equitable learning opportunities to all students, not just those who can afford them", said Richard Culatta, CEO...

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  • QUIZ: Guess the lyrics of the 1st Eurovision 2018 semi-finalists
QUIZ: Guess the lyrics of the 1st Eurovision 2018 semi-finalists

San Marino have only ever reached the final once... so catch the entry while you can on Thursday. Saara had tried three times to enter the competition in the past but was always second best. RTE Today and Nationwide reporter Colm Flynn took to Twitter to share the clip, originally from Derek Mooney, which was captioned "This man almost has a h...

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