U.S. Government Threatens Funding Cut To California
2017-04-22 06:24:27 UTC
WASHINGTON — The U.S. Department of Justice threatened on Friday to cut some funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called sanctuary cities that do n...
GOP Struggling To Pass A Spending Package To Keep The Government Open
2017-04-21 15:07:39 UTC
WASHINGTOn — Trump and his fellow Republicans who control Congress face their first major budget test next week, with the threat of a U.S. government shutdown potentially hinging on his proposed Mexican border wall as well as Obamacare funding.
World Bank Express Concerns Over Trump's Economic Policy
2017-04-20 10:33:25 UTC
WASHINGTON — Global finance leaders are gathering on Trump's home turf to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
The International Monetary Fund and World B...
Greece Needs To Implement Reforms To Secure A New Loan
2017-04-18 07:45:33 UTC
The International Monetary Fund will not take part in a bailout program for Greece if it deems the country's debt is unsustainable, the international lender's chief Christine Lagarde said in an interview published on Tuesday.
Greece needs to im...
Protesters To Trump: We Want To See Your Tax Returns
2017-04-16 05:20:35 UTC
WASHINGTON/ NEW YORK — Tens of thousands of people marched through midtown Manhattan and dozens of U.S. cities on Saturday to demand that President Donald Trump release his tax returns and to dispute his claim that the public does not care about t...
Trump is well on his way to launch additional import duties
2017-04-10 06:20:52 UTC
By David Lawder |
WASHINGTON — U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters.
No Income Taxes In Saudi Arabia, Says Saudi FinMin
2017-04-09 18:04:37 UTC
Saudi Arabia's finance minister said on Sunday that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom.
The collapse in oil price...
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims
2017-04-05 07:31:58 UTC
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims.
MEXICO CITY/BEIJING — Trump has criticized carmakers including General Motors for shifting production south of the border. Under...
Trump Playing Golf With Rand Paul To Discuss Health Care
2017-04-03 01:18:58 UTC
STERLING, VA. — On Sunday U.S. President Donald Trump was playing golf with Kentucky Sen. Rand Paul as well as WH budget director Mick Mulvaney at Trump National Golf Club in Potomac Falls, Virginia. The trio was "discussing a variety of topics, ...
The “America First” Trade War Agenda Of Donald Trump
2017-04-01 08:11:26 UTC
US President Donald Trump signed two executive orders on trade policies yesterday that represent a significant escalation in the “America First” trade war agenda of his administration.
The first order commissions a report, to be released in 90 da...
UK Must Accept EU Rules After Any Partial Withdrawal
2017-03-31 19:13:55 UTC
By Robin Emmott and Alastair Macdonald |
VALLETTA/BRUSSELS — The European Union offered Britain talks this year on a future free trade pact but made clear in negotiating guidelines issued on Friday that London must first agree to EU demands on...
Trump, GOP Tax Reform Plan; Cuts, Cuts and more Cuts
2017-03-31 04:07:47 UTC
By Roberta Rampton, Richard Cowan and Amanda Becker |
<h3>WASHINGTON — Raw feelings and mistrust could pose an obstacle to President Donald Trump and hard-line conservative lawmakers in his Republican Party as they seek to rebound from defeat ...
Doubts Over London's Future As A Global Financial Center
2017-03-31 04:07:07 UTC
By Anjuli Davies |
<h3>LONDON — Goldman Sachs (GS.N) sought to reassure London-based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe...
US hospital stocks dropped as GOP vows to try again on Obamacare repeal
2017-03-31 04:06:10 UTC
<h3>U.S. hospital stocks dropped on Tuesday as Republicans in the U.S. House of Representatives said they were considering a renewed push to repeal and replace Obamacare, after the effort failed last week.</h3>
Shares of Community Health System...
The Stunning Failure Of Trump, A Man Who Brands Himself A Deal-Maker And Fixer
2017-03-31 04:12:13 UTC
By James Oliphant | REUTERS
<h3>In the end, the Closer couldn’t close the deal.</h3>
For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of...
'This is a disappointing day for us': House Speaker Ryan
2017-03-24 20:24:58 UTC
Republican leadership aide says healthcare bill has been pulled
By Dustin Volz and David Lawder |
WASHINGTON — Republican leaders of the House of Representatives pulled legislation to overhaul the U.S. healthcare system from consideration o...
EU is trying to limit the negative effects of Brexit for Britain
2017-03-24 06:58:02 UTC
German Finance Minister Wolfgang Schaeuble said on Friday that the European Union was trying to limit the negative effects of Brexit for Britain but stressed that countries wanting to get the benefits related to the bloc had to make commitments, t...
House cancels today's vote on Republican healthcare plan
2017-03-23 20:01:29 UTC
By David Morgan and Richard Cowan |
WASHINGTON — House cancels today's vote on Republican healthcare plan as President Donald Trump and leaders in Congress labored to find enough support among fellow Republicans for their version of a new f...
Germany is strongly in favor of free trade and open markets
2017-03-19 21:24:59 UTC
Chancellor Angela Merkel reiterated on Sunday that Germany was strongly in favor of free trade and open markets, at a time when the United States is becoming increasingly protectionist.
"We do want open markets, fair trade, we certainly don't w...
G20 Drop 'Climate' and 'Free Trade' Pledge, Acquiescing To An Increasingly Protectionist United States
2017-03-18 21:45:12 UTC
By Balazs Koranyi and Gernot Heller |
BADEN BADEN, GERMANY — Financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open, acquiescing to an increasingly protectionist United States after a two-day mee...
Trump's newest Executive Order: Global warming and climate change will not play a role in U.S. policy anymore
2017-03-14 23:15:10 UTC
By David Shepardson |
WASHINGTON — U.S. President Donald Trump's administration is preparing to release a wide-ranging executive order to reduce the role that climate change plays in policy decisions, according to a Trump administration offici...
Millions more Americans uninsured under Republican plan
2017-03-13 21:18:37 UTC
By David Lawder |
WASHINGTON — An eagerly awaited nonpartisan CBO report by the U.S. Congressional Budget Office found that millions more Americans would lose insurance under a Republican plan to dismantle Obamacare. It dealt a potential setba...
US shouldn't assume OPEC would extend cuts to offset shale
2017-03-09 21:50:59 UTC
By Ron Bousso |
HOUSTON — Senior Saudi energy officials told top independent U.S. oil firms in a closed-door meeting this week that they should not assume OPEC would extend output curbs to offset rising production from U.S. shale fields, two i...
The Republican Plan To Destroy The Affordable Care Act
2017-03-07 08:06:15 UTC
By Susan Cornwell and Yasmeen Abutaleb |
WASHINGTON — In a battle waged since the 2010 passage of the Affordable Care Act, Democratic President Barack Obama's signature domestic policy achievement, Republicans including President Donald Trump ...
Germany is preparing to support middle east economy
2017-03-03 09:40:12 UTC
Germany has offered Egypt $500 million to support its economic program and medium-sized and small businesses, the Egyptian ministry of investment and international cooperation said on Friday.
"It was agreed with the German side (that they would...