The U.S. administration says any future aid for the Palestinian refugees may depend on the willingness of the Palestinian leaders to return to peace negotiations with Israel. Palestinians are angry at President Donald Trump’s decision to recognize Jerusalem as the capital of Israel and have rejected a U.S. role as impartial mediator. However, refugees who…
read morePresident Donald Trump has warned that the United States will no longer tolerate unfair trade practices and will always put America first in future trade deals. Giving the closing speech at the World Economic Forum in the Swiss resort of Davos on Friday, Trump lauded the performance of the U.S. economy under his leadership. The…
read moreCoincheck, a major cryptocurrency trading exchange in Tokyo, has been hacked into and has lost about $534 million worth of virtual money, national broadcaster NHK reported on Friday. Coincheck posted on its website on Friday afternoon that it had suspended withdrawals of almost all cryptocurrencies. The exchange has already reported the incident to the police…
read moreThe Chinese government recently claimed that 98 major state-run industries have turned in the best industrial and financial performance in 2017 compared to the past five years. These companies, which have assets totaling $9 trillion, produced a remarkable profit of $218 billion, an increase of 15.2 percent in profit in 2017, more than double the…
read moreIn a strong defense of his “America First” policies, U.S. President Donald Trump on Friday told a gathering of global business and political luminaries that the world would benefit from U.S. economic power and invited them to embrace his growth-oriented philosophy. “When the United States grows, so does the world,” he said in a 15-minute…
read moreThere’s money to be made planting trees, according to a new report. Around the world, an area larger than all of South America has been deforested, eroded, drained or salinized. Governments have pledged billions to restore hundreds of millions of hectares. What’s missing are the businesses to make it happen. WATCH: Report Sees Profit…
read moreAmerica’s Diversity Immigrant Visa Program — more commonly known as the Green Card Lottery — is among the immigration programs President Trump and others want to end. For more than 20 years, the program offers visas to people from countries with relatively few immigrants in the U.S. VOA Turkish Service reporter Mehmet Sumer introduces us…
read moreA Republican congressman from Pennsylvania who settled a former aide’s sexual harassment complaint with taxpayer money informed party and campaign officials Thursday that he will not seek re-election, a decision that came as party officials had begun to search for a replacement candidate. The complaint by a former aide three decades younger than U.S.…
read moreThe New York Times and Washington Post report that President Donald Trump ordered special counsel Robert Mueller fired in June, but backed off when the White House counsel threatened to quit. Mueller is investigating allegations the Trump campaign colluded with Russia in interfering in the 2016 presidential election. He is also looking into possible obstruction…
read moreNorth Korea shipped coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of U.N. sanctions, three Western European intelligence sources said. The U.N. Security Council banned North Korean exports of coal last Aug. 5 under sanctions intended to cut off an important source of the foreign…
read moreThe excitement of a run for the White House by media mogul Oprah Winfrey has come to an anticlimactic end. Winfrey tells InStyle magazine that running for president is not in her DNA. “It’s not something that interests me,” she said in an interview published Thursday. “I met with someone the other day who said…
read moreGrocery shopping went a little nuts in France when a supermarket chain deeply discounted jars of Nutella. Aficionados of the chocolate hazelnut spread jostled and fought each other when the Intermarché supermarkets offered the treat at a 70 percent discount. “They are like animals. A woman had her hair pulled, an elderly lady took a…
read moreWhen the White House asked to borrow a Van Gogh painting from New York’s Guggenheim Museum, the request was denied. Instead, curator Nancy Spector, offered another piece of art: an 18-karat, fully functioning, solid gold toilet. The toilet was used as a temporary interactive exhibit in one of the museum’s public bathrooms. The piece, titled…
read moreU.S. President Donald Trump has questioned whether peace talks between the Israelis and Palestinians will ever resume. Trump made the remarks in a meeting with Israeli Prime Minister Benjamin Netanyahu at the World Economic Forum in Davos, Switzerland, where he accused the Palestinians of disrespecting the United States after Palestinian President Mahmoud Abbas refused to…
read moreU.S. and Mexican unions will formally complain to the U.S. Labor Department on Thursday that Mexico continues to violate NAFTA’s weak labor standards, a move that they hope will persuade U.S. negotiators to push for stronger rules. The AFL-CIO told Reuters that it and Mexico’s UNT were filing the complaint with the U.S. office that…
read morePuerto Rico’s governor submitted a revised fiscal plan overnight Thursday that estimates the U.S. Caribbean territory’s economy will shrink by 11 percent and its population drop by nearly 8 percent next year. The proposal doesn’t set aside any money to pay creditors in the next five years as the island struggles to restructure a portion…
read moreThe civil rights group NAACP is suing the U.S. Department of Homeland Security over its decision to end nearly 60,000 Haitian migrants’ participation in a provisional U.S. residency program that shields them from deportation. The NAACP Legal Defense and Educational Fund filed a lawsuit Wednesday in the U.S. District Court for the District of Maryland,…
read moreA top economic adviser and trusted aid of Chinese leader Xi Jinping has promised that reforms are coming to China this year and adds that some could even “exceed expectations.” Speaking at a forum on the Chinese Economy at the World Economic Forum, Liu He said China would take steps to open up the banking,…
read moreU.S. President Donald Trump says he is willing to answer any questions under oath as part of special counsel Robert Mueller’s investigation into Russian interference in the 2016 election. “I am looking forward to it,” Trump told reporters at the White House, adding, “I would love to do it.” Months ago, Trump said he would…
read moreU.S. Treasury Secretary Steven Mnuchin says the U.S is “not concerned” about the value of the dollar in the short-term. At a press briefing at the World Economic Forum on Thursday, Mnuchin said the short-term value of the dollar is dependent on many factors in what is a very liquid market. In the longer-term, he…
read moreDonald Trump arrived at the World Economic Forum in the Swiss mountain resort of Davos on Thursday, the first serving U.S. president to attend since Bill Clinton in 2000. Analysts say many delegates are braced for a clash of competing visions for the global economy. Trump is expected to push his agenda of “America First,”…
read moreA federal jury in Wisconsin on Wednesday convicted a Chinese wind turbine company of stealing trade secrets, which nearly destroyed a U.S. manufacturer. China’s Sinovel Wind Group does business in the United States. “The theft of ideas and ingenuity is not a business dispute. It’s a crime and will be prosecuted as such,” U.S. Attorney…
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