• UK, France, Germany Call For Probe Into Missing Saudi Journalist Jamal Khashoggi
UK, France, Germany Call For Probe Into Missing Saudi Journalist Jamal Khashoggi

Khashoggi , I can not support President Trump's proposed arms sale", Durbin said . On Sunday, Riyadh restated its "total rejection of any threats or attempts to undermine it" through threats, sanctions, or political pressure. The sales are a "tremendous order for our companies", and if the Saudis don't buy their weaponry from the US, they will g...

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  • Imf Warns Of 'somewhat' Greater Global Financial Risk
Imf Warns Of 'somewhat' Greater Global Financial Risk

The IMF expects the US economy to grow 2.9 percent this year, the fastest pace since 2005 and unchanged from the July forecast. The IMF downgraded the economic growth forecasts for the whole region of the Middle East, North Africa, Afghanistan, and Pakistan, compared to the April edition of the World Economic Outlook, reflecting "to an importan...

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  • Evacuations ordered as Hurricane Michael speeds toward Florida in US
Evacuations ordered as Hurricane Michael speeds toward Florida in US

Scott issued an order for a state of emergency for 26 counties in the Florida Panhandle and the Big Bend area. Soon-to-become Hurricane Michael , a tropical storm is gaining intensity south of the Gulf of Mexico . Hurricane-force winds extend outward up to 30 miles (45 kilometers) from the storm's center and tropical-storm-force winds ...

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  • Theresa May speech reaction as Prime Minister pledges to end austerity
Theresa May speech reaction as Prime Minister pledges to end austerity

Standing firmly by her Brexit plan, denounced by Boris Johnson as a "constitutional outrage", Mrs May promised: "If we stick together and hold our nerve, I know we can get a deal that delivers for Britain". Here are the main announcements from the Prime Minister following her speech on Wednesday. Addressing such speculation, Johnson said that...

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  • Elon Musk resigns as Tesla chairman with multi-million dollar settlement
Elon Musk resigns as Tesla chairman with multi-million dollar settlement

Under the settlement , Tesla and Musk will pay $20 million each to the securities regulator and Musk will step down as chairman but remain as chief executive. The settlement marked a swift end to the SEC's lawsuit, which was filed Thursday. The appointment of two new Board members, as well as the creation of a committee tasked with "placing add...

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  • Trudeau disputes Trump's claims that Canada requested meeting with president
Trudeau disputes Trump's claims that Canada requested meeting with president

Canadian Prime Minister Justin Trudeau has indicated he may be willing to jump on a deal with the US and Mexico, but time is running out. Malmstrom reacted strongly to the suggestion that the USA administration is attempting to bully Freeland after Trump criticized Canadian NAFTA negotiators in a press conference Wednesday.

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  • Michael Kors to take control of Versace, say sources
Michael Kors to take control of Versace, say sources

The Medusa head Italian fashion house drew interest from several companies, but it appears that Kors has reached the most complex negotiations of the bunch. Neither Versace or Michael Kors are yet to release a statement regarding the sale at this present time. A spokesman for Blackstone had no immediate comment.

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  • China slams USA 'intimidation' as new tariffs kick in
China slams USA 'intimidation' as new tariffs kick in

American officials say Chinese plans for state-led development of global competitors in robotics and other technologies violate its market-opening obligations and might erode USA industrial leadership. Mr Trump has threatened to impose tariffs on a further US$267 billion of Chinese goods if Beijing does so. The toughly worded report said Beijing ...

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  • Amazon's store expansion is beyond flawless for introverts
Amazon's store expansion is beyond flawless for introverts

Amazon also recently opened the first Amazon Go store outside of Seattle in Chicago. Since then , the company has opened two more Seattle sites and one in Chicago, and has confirmed plans for San Francisco and NY stores. The three stores in Seattle have operated with minimal errors, the few of which have cost less than maintaining a staff of ...

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  • Coca-Cola denies reports they are looking at making cannabis-based drinks
Coca-Cola denies reports they are looking at making cannabis-based drinks

If this partnership ends up being true, this would mark the first entry of a major manufacturer of non-alcoholic beverages into the market for cannabis-related products, in an industry where alcoholic beverage companies have been flocking. Aurora was up more than 15% in early trading Monday following the report . There are no guarantees of any dea...

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  • Apple warns that Trump China tariffs will mean higher prices
Apple warns that Trump China tariffs will mean higher prices

China's trade surplus with the United States ballooned to a new record US$31 billion in August despite a raft of U.S. tariffs, official data showed Saturday, adding fuel to the flames of a searing trade war. "Tariffs increase the cost of our USA operations, divert our resources and disadvantage Apple foreign competitors", the company said. "We...

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  • Freeland, Lighthizer return to NAFTA table today as new deadline looms
Freeland, Lighthizer return to NAFTA table today as new deadline looms

Canada's top NAFTA negotiator Chrystia Freeland , the foreign affairs minister, will return to Washington on Wednesday for a second week of talks over staying in a revamped pact. The North American vehicle industry is a sum of parts made and assembled in Mexico, the US and Canada. Trudeau on Wednesday insisted that Canada would work to maintain...

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  • China says its looking into e-commerce billionaire's US arrest
China says its looking into e-commerce billionaire's US arrest

Reuters has not been able to reach Liu for comment. A spokesman for the Minneapolis police department said that Mr Liu was released "pending formal complaint". The 45-year-old businessman was released from jail on Saturday afternoon pending possible criminal charges, the Atlanta Journal Constitution reports.

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  • US, Mexico moving to sign FTA, with Canada not behind
US, Mexico moving to sign FTA, with Canada not behind

That comment repeated a threat from the president earlier in the week to forge ahead with a bilateral trade agreement with Mexico that would leave out Canada, which he on Friday again accused of " ripping us off ". "We have also been negotiating with Canada throughout this year-long process". "Right now, the US has the negotiating leverage ...

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  • China offers Africa billions, 'no strings attached'
China offers Africa billions, 'no strings attached'

But Rwandan President Paul Kagame, who now chairs the African Union , said that rather than viewing the investment as a "debt trap", other countries should be asking why they're not giving Africa as much assistance as China . "China's investment in Africa comes with no political strings attached, " Xi said. "China's investment in Africa does no...

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  • President Trump cancels pay raises for federal employees set for January
President Trump cancels pay raises for federal employees set for January

Those increases would come on top of a 2.1 percent across-the-board increase for most civilian employees. Trump has touted the military pay bump, which was authorized by a giant $716 billion defense bill he signed earlier this month. The national debt - the accumulation of those budget deficits - has increased almost $1.6 trillion over the past y...

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  • Trump Organization executive Allen Weisselberg receives immunity deal
Trump Organization executive Allen Weisselberg receives immunity deal

On the recording, Mr. Cohen and Mr. Trump appeared to discuss reimbursing American Media for a payment to former Playboy model Karen McDougal , who has said she had a year-long affair with Mr. There is no indication their cooperation extends beyond the scope of the Cohen probe. Trump's account has shifted. The money covered the $130,000 ...

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  • Fed officials suggest rates likely to rise soon, worry about trade war
Fed officials suggest rates likely to rise soon, worry about trade war

USA central bankers discussed raising interest rates soon to counter excessive economic strength but also examined how global trade disputes could batter businesses and households, minutes of the Federal Reserve's last policy meeting showed on Wednesday.

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  • Getting personal: US, Turkish leaders feud over arrest
Getting personal: US, Turkish leaders feud over arrest

The US doubled tariffs on Turkish steel and aluminum imports and Turkey hit back with $533 million of tariffs on some US imports that include cars, tobacco and alcoholic drinks, with the additional warning it would boycott US electronics. The United States sanctioned Justice Minister Abdulhamit Gul and Interior Minister Suleyman Soylu, blaming both...

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  • U.S. threatens Turkey with more sanctions if it doesn’t free pastor
U.S. threatens Turkey with more sanctions if it doesn’t free pastor

The dispute over his release has seen the two North Atlantic Treaty Organisation allies impose tariffs on one another's goods. Wall Street stocks fell early on Friday as the Turkish lira fell on the latest diplomatic frictions with the United States .

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  • Turkey retaliates by raising tariffs
Turkey retaliates by raising tariffs

Washington has imposed financial sanctions on two Turkish ministers and doubled steel and aluminum tariffs on Turkey, as U.S. President Donald Trump tries to secure the release of Andrew Brunson , a 50-year-old American pastor being tried in Turkey on espionage and terrorism-related charges.

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  • 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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