How much would the UK be willing to pay to leave the EU?
2017-08-06 04:16:37 UTC
LONDON (Reuters) - Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy.
"Working together to take the UK out of the EU" is falling to Chaos
2017-07-30 04:16:56 UTC
LONDON (Reuters) - An ally of British foreign minister Boris Johnson has criticized the Brexit transition plans of finance minister Philip Hammond, a newspaper said, in the latest sign of tensions within the government over how Britain should leav...
Only 29 percent of Americans want Congress to "continue working on a new healthcare bill"
2017-07-30 03:41:33 UTC
NEW YORK (Reuters) - A majority of Americans are ready to move on from healthcare reform at this point after the U.S. Senate's effort to dismantle Obamacare failed on Friday, according to an exclusive Reuters/Ipsos opinion poll released on Saturda...
Elizabeth Warren called on Federal Reserve to remove members of Wells Fargo's board
2017-07-29 04:06:47 UTC
WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren called on Federal Reserve Chair Janet Yellen to remove members of Wells Fargo & Co's board after revelations the company improperly charged customers for auto insurance.
In a letter sent Frid...
Repeal Fails: President Obama’s Health Law Will Stay
2017-07-30 03:51:28 UTC
WASHINGTON (Reuters) - A U.S. Senate led by Donald Trump's fellow Republicans dealt the president a harsh blow on Friday, failing to move ahead with a major campaign promise to dismantle Obamacare as they fell one vote short of passing healthcare ...
Senate rejects Obamacare repeal again, eyes 'skinny' bill
2017-07-27 05:51:10 UTC
WASHINGTON (Reuters) - Senate Republicans fell short again in their effort to end Obamacare, rejecting a measure to repeal large portions of former President Obama's signature law that has provided health insurance to millions of Americans.
Russian cyber criminals: $4 billion bitcoin laundering ring
2017-07-26 17:56:41 UTC
ATHENS/MOSCOW/NEW YORK (Reuters) - A Russian man suspected of being the anonymous mastermind behind one of the world's oldest crypto-currency exchanges and of laundering at least $4 billion has been arrested in Greece, police and sources said on W...
British households' financial situation already deteriorating
2017-07-24 03:04:56 UTC
LONDON - U.S. president Donald Trump announced in June 2016, "I think Brexit is going to end up being a great thing."
Just one year after the Brexit vote, British people are more pessimistic and worried about their uncertain future.
ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
2017-07-22 08:02:32 UTC
<blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO.
The Treasury said ExxonMo...
African immigrants in Germany help refugees to integrate
2017-07-21 06:52:17 UTC
<blockquote><h2>How African migrants are turning the tide for refugees in Germany</h2><h3><i>There's hardly anyone more qualified to help migrants and refugees new to Germany than former newcomers themselves. This is the premise of AfricanTide, an...
Republicans in chaos over healthcare legislation
2017-07-18 18:40:01 UTC
WASHINGTON (Reuters) - Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill in the Senate collapsed late on Monday.
"Regretfully, it is now apparent that the effort to repeal and imme...
BREXIT: EU demands up to $114 billion before talks on trading
2017-07-02 20:21:37 UTC
LONDON — UK Brexit minister David Davis said two months ago that Britain will not pay 100 billion euros ($114 billion) to leave the European Union after it was reported that the EU was preparing to demand that amount.
But the EU wants to agree ...
GOP delays vote on health care bill: Fear of a disastrous defeat
2017-06-27 21:00:38 UTC
WASHINGTON — Facing a potentially disastrous defeat by members of his own party, U.S. Senate Majority Leader Mitch McConnell decided on Tuesday to delay a vote on healthcare legislation in order to get more support from Republican senators.
Merkel's Plan is a Miracle for Africa
2017-06-14 05:08:30 UTC
Alpha Conde, head of the African Union and Guinean president, nudged German Chancellor Angela Merkel conspiratorially: yet another of his African counterparts had just described the so-called "Marshall Plan" for Africa, laid out by German Developm...
Iran, Turkey announcing its support for Qatar
2017-06-07 16:34:22 UTC
TEHRAN/ANKARA/DOHA — Turkey's main exporting industry body said it was ready to meet food and water supply demands from Qatar, after a Qatari official said Doha was in talks with Iran and Turkey to ensure trade disruptions did not create shortages...
Trump Isolated at G7 Summit, "Six against One"
2017-05-27 17:30:33 UTC
TAORMINA, ITALY — Trump's isolationism is his first great export, and Italy could be first in line.
The summit of Group of Seven wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several iss...
"America First" might turn out to be rather lonely
2017-06-02 19:05:10 UTC
At the NATO summit in Brussels, US President Donald Trump acted like a diplomatic bully. He arrived late, then shoved the Montenegrin prime minister aside to ensure his place in the front row. He turned what was planned as a short ceremonial addre...
The U.S. Doesn't Have the Money to Build Trump's Wall
2017-05-01 06:03:18 UTC
U.S. Congress would not provide any money for Trump's promised border wall with Mexico,
Several important White House initiatives were rejected by the Republican and Democratic negotiators, including money for a wall on the U.S.-Mexico border t...
Germany: Greece Has Made Strong Reforms Progress
2017-04-30 06:41:34 UTC
German Finance Minister Wolfgang Schaeuble was quoted in a newspaper interview on Sunday saying that Greece has made strong progress toward introducing reforms that could lead to the imminent release of further financial support.
"If the Greek ...
Public records shows how Trump is using pension funds to enrich himself
2017-04-26 18:37:14 UTC
By Julia Harte | WASHINGTON — Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuter...
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...