Russia has indicated a potential new legal salvo in its trade war with Ukraine and the European Union, telling the World Trade Organization that a trade deal between Kiev and Brussels breaks the rules by penalizing Russia. Minutes of a June 29 meeting of the WTO’s committee on regional trade agreements, published on Tuesday, record…
read moreThe former chief executive officer of the failed Bitcoin exchange Mt. Gox pleaded not guilty to charges that he stole hundreds of millions of dollars’ worth of the virtual currency. French-born Mark Karpeles appeared Tuesday in Tokyo District Court at the start of his trial on embezzlement and data manipulation charges. Prosecutors have accused the…
read moreA new package of economic sanctions on Russia and Iran unacceptably constrains the president’s authority, the White House said Monday as Democrats complained that the Trump administration was trying to weaken the penalties. The legislation sailed through the Senate nearly a month ago in response to Russia’s meddling in the 2016 presidential election and its…
read moreU.S. President Donald Trump plans to nominate former Treasury official Randal Quarles to be the Federal Reserve’s top banking regulator, the White House said on Monday. If confirmed by the Senate, Quarles would be the first vice chair of supervision at the Fed, a role created after the 2008 financial crisis but never filled during…
read moreThe New York Times reported late Monday that the man who set up a meeting between Donald Trump Jr. and a Russian attorney last year indicated in an email to Trump that the Russian government was the source of information that might hurt Hillary Clinton’s campaign for president. The Times said its story was based…
read moreOne unintended consequence of President Donald Trump’s appearance at the Group of 20 summit in Hamburg was a renewed focus on the blurring of lines between his official duty and family. This was caused by Ivanka Trump representing the president during at least one working session of the summit in Germany. But for the White…
read moreQuestions are surfacing over whether the Trump administration will continue to support South Sudan when the proposed White House budget seeks to cut nearly a third of the U.S. State Department budget and diminish funding for development projects and humanitarian aid in Africa. Secretary of State Rex Tillerson’s plan to merge all or parts…
read moreU.S. Secretary of State Rex Tillerson is in Kuwait, in an effort to help resolve the impasse over the blockade of Qatar by its Persian Gulf neighbors Tillerson is also due to visit Saudi Arabia and Qatar this week. Tillerson met Monday with Turkish President Recep Tayyip Erdogan, after a visit Sunday to Ukraine. Before…
read moreA giant Chinese red flag flutters on a pole where an American flag used to fly at a steel mill in this dusty industrial Serbian town. The company logos of U.S. Steel are faded on the huge chimneys stacks, replaced by those of a Chinese company. When U.S. Steel sold its loss-making smelter in Serbia…
read moreThe Kremlin said Monday it was unaware of a 2016 meeting between U.S. President Donald Trump’s senior staff and a Russian attorney who promised to give them damaging information about Trump’s challenger, Democrat Hillary Clinton. Kremlin spokesman Dmitry Peskov said it does not know the lawyer, Natalia Veselnitskaya, and “cannot keep track” of every Russian…
read moreChina’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd. Shares in both companies surged Monday following the announcement of the $6.3 billion deal. A wave of consolidation has created huge competitors in a global shipping industry that is struggling…
read moreFor a farmer in Brazil’s Amazon, Manoel Freire Camurca was doing pretty well for himself until a local power broker burned down his house and took the surrounding fields he had poured his life into. Camurca’s eviction eight months ago happened as officials were finalizing his claim to 500 hectares of land in southwestern Amazonas…
read moreHours after returning from his second presidential foray abroad, Donald Trump and his representatives were out in force Sunday, calling the trip an “outstanding success.” White House Chief of Staff Reince Priebus, told a television interviewer on “Fox News Sunday” the president was “a star” at the G-20 summit in Hamburg, Germany. Trump led the…
read moreWashington is absorbing the impact of U.S. President Donald Trump’s trip to Poland and the G-20 summit in Germany. VOA’s Michael Bowman reports, Trump’s encounter with Russian President Vladimir Putin continues to draw sharp reactions from U.S. lawmakers across the political spectrum. …
read moreTop French company bosses who have for years lamented their country’s slow pace of reforms at an annual summer gathering in Provence offered glowing praise this year for the first steps taken by newly elected President Emmanuel Macron. Sixty days after Macron became France’s youngest ever president, the CEOs gathered in the southern town of…
read moreThe White House is making a final push to overhaul the U.S. health care law championed by former President Barack Obama, but opposition to the changes Senate Republicans are proposing has grown in recent days, leaving the repeal effort in doubt. One key lawmaker, Senator John McCain, told CBS on Sunday, “My view is that…
read moreU.S. President Donald Trump said on Sunday he and Russia’s president had discussed forming a cybersecurity unit, an idea harshly criticized by Republicans who said Moscow could not be trusted after its alleged meddling in the 2016 U.S. election. Tweeting after his first meeting with President Vladimir Putin on Friday, Trump said now was the…
read moreU.S. President Donald Trump said Sunday that he twice “strongly pressed” Russian President Vladimir Putin about Russia’s meddling in last year’s U.S. election and it was now time to “move forward in working constructively” with Moscow. In a string of Twitter comments after returning to Washington from the G-20 summit in Hamburg, Germany, Trump noted…
read moreIn 28 years in India’s pharmaceuticals sector, Rajiv Desai has never been busier. Most of the last six months on his desk calendar is marked green, indicating visits to the 12 plants of Lupin, India’s No. 2 drugmaker, where Desai is a senior quality control executive. Only one day is red — a day off.…
read moreCanadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said Saturday, citing concerns about the impact such projects may have on the environment. Desjardins, the largest association of credit unions in North America, Friday temporarily suspended lending for such projects and may make the decision permanent, spokesman Jacques Bouchard told Reuters by…
read moreDonald Trump’s eldest son, son-in-law and then-campaign chairman met with a Russian lawyer shortly after Trump won the Republican nomination, in what appears to be the earliest known private meeting between key aides to the president and a Russian. Representatives of Donald Trump Jr. and Jared Kushner confirmed the June 2016 meeting to The Associated…
read moreState election officials voiced doubt Saturday about whether adequate security measures could be adopted before 2018 elections to safeguard against the possibility of foreign government interference. That’s according to attendees at a weekend gathering of the National Association of Secretaries of State, whose conference was held amid an uproar over a White House commission investigating…
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