Headline

Attacks on Saudi Oil Field Knock Out Half of Its Output
2019-09-15 07:21:05 UTC
RIYADH/DUBAI/LONDON (Reuters) - Yemen’s Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, knocking out more than half the Kingdom’s output, in a move expected to send oil prices soaring and increase tensions in the Middle East. The attacks will cut the kingdom’s output by 5.7 million barrels per day (bpd), according to a statement from state-run oil company Saudi Aramco, or more than 5% of global oil supply. The pre-dawn strikes follow earlier cross-border attacks on Saudi oil installations and on oil tankers in Gulf waters, but these were the most brazen yet, temporarily c...
2 Million More Americans Without Health Insurance
2019-09-10 19:07:40 UTC
WASHINGTON (Reuters) - The share of Americans without health insurance rose for the first time in a decade last year and U.S. household income barely rose, according to a government report on Tuesday that laid bare issues that could become central to the U.S. presidential election next year. About 27.5 million residents, or 8.5% of people, did not have health insurance in 2018, an almost 2 million increase from the year before when 7.9% of people lacked coverage, the Census bureau said. It was the first year-to-year increase in the percentage of uninsured people since the Great Recession. The Trump administration has taken a series o...
Trump Abruptly Fired His National Security Adviser Bolton
2019-09-10 17:48:46 UTC
WASHINGTON — US President Donald Trump fired abruptly his national security adviser John Bolton, saying on Tuesday he had serious policy disagreements with his hardline aide. “I informed John Bolton last night that his services are no longer needed at the White House. I disagreed strongly with many of his suggestions, as did others in the Administration,” Trump tweeted, adding that he would name a replacement next week. Bolton offered a slightly different version of events than Trump, saying: "I offered to resign last night and President Trump said, 'Let's talk about it tomorrow.'" Bolton reiterated the point that it was he who ...
Boris Johnson's Brexit Dilemma
2019-09-10 01:33:31 UTC
Brexit, the UK’s most significant geopolitical move in decades, remains in question more than three years since the 2016 referendum, with possible outcomes ranging from an exit on Oct. 31 without a withdrawal agreement to smooth the transition, to abandoning the whole endeavour. LONDON (Reuters) - Prime Minister Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came into force demanding that he delay Britain’s departure from the European Union until 2020 unless he can strike a divorce deal. For the second time in a week, lawmakers rejected Johnson’s request to try and break the deadlock thro...
Irish PM: We Need a Single Irish Economic Zone
2019-09-08 18:15:51 UTC
DUBLIN (Reuters) - Irish Prime Minister Leo Varadkar plans to discuss whether regulatory alignment between Ireland and Northern Ireland might form the basis of a Brexit deal when he meets British counterpart Boris Johnson on Monday. But Varadkar said a breakthrough was unlikely during Monday’s talks with the EU summit on Oct. 17-18 providing the most likely venue for any agreement. Talks to secure an orderly British exit from the European Union have floundered on the question of how to avoid infrastructure along the border between EU member Ireland and the British region of Northern Ireland. The so-called “backstop” protocol in th...
Scientists Find Micro Plastic in Arctic Ice
2019-08-14 23:33:28 UTC
LONDON (Reuters) - Tiny pieces of plastic have been found in ice cores drilled in the Arctic by a U.S.-led team of scientists, underscoring the threat the growing form of pollution poses to marine life in even the remotest waters on the planet. The researchers used a helicopter to land on ice floes and retrieve the samples during an 18-day icebreaker expedition through the Northwest Passage, the hazardous route linking the Pacific and Atlantic oceans. “We had spent weeks looking out at what looks so much like pristine white sea ice floating out on the ocean,” said Jacob Strock, a graduate student researcher at the University of Rhode...
Recession Fears Escalate
2019-08-14 19:02:04 UTC
NEW YORK (Reuters) - Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major U.S. indexes were sharply lower as short- and long-dated Treasury yields inverted for the first time in 12 years, a potential signal of imminent recession. Elsewhere, ominous indicators suggested a faltering global economy, hobbled by the intensifying U.S.-China trade war, Brexit jitters and geopolitical concerns. Germany reported a contraction in second-quarter GDP, and China’s industrial growth in July hit a 17-year low. “Every cent...
US, UK Seek Quick Post-Brexit Trade Deal
2019-08-13 18:20:56 UTC
LONDON (Reuters) - Britain and the United States are discussing a partial trade accord that could take effect on Nov. 1, the day after Britain is due to leave the European Union, a senior Trump administration official said on Tuesday. The official also said visiting U.S. national security adviser John Bolton and British trade minister Liz Truss had discussed the possibility of the two countries’ leaders signing a road map declaration toward a trade deal at this month’s G7 summit meeting in France. The official told reporters that Bolton and British finance minister Sajid Javid had discussed the possibility of a temporary trade agreem...
US will "Enthusiastically Support a No-Deal Brexit"
2019-08-12 19:04:58 UTC
LONDON (Reuters) - The United States would enthusiastically support a no-deal Brexit if that is what the British government decided to do, U.S. national security adviser John Bolton said on Monday during a visit to London aimed at reassuring Britain over UK-U.S. ties. Bolton told British Prime Minister Boris Johnson that President Donald Trump wants to see a successful British exit from the European Union on Oct. 31 and that Washington will be ready to work fast on a U.S.-UK free trade agreement. Johnson wants the EU to renegotiate the terms of Britain’s exit ahead of an Oct. 31 departure date, but the EU says it will not alter the p...
Ebola Virus: WHO Vaccinates Over 1,300 People in Goma
2019-08-11 16:00:28 UTC
GOMA (Reuters) - The World Health Organization said it has vaccinated over 1,300 people who potentially came into contact with the Ebola virus in the Congolese city of Goma, helping contain what many feared would be a rapid spread in an urban center. A year-long Ebola outbreak in eastern Democratic Republic of Congo has killed at least 1,800, the second biggest toll ever, and efforts to contain the virus have been hobbled by militia violence and some local resistance to outside interference. Goma, a lakeside city of nearly 2 million people on the Rwandan border, has been on high alert over the past week after a gold miner with a larg...
No-Deal Brexit Would Cause Severe Damage to UK
2019-07-29 03:42:16 UTC
A no-deal Brexit would cause “severe” damage to UK businesses, according to the Confederation of British Industry (CBI). Carolyn Fairbairn, director general of the lobby group, told BBC that quitting the EU without an agreement should be an option “that is not even considered”. Claims that firms are ready for a no-deal scenario are “just not true”, she added. <blockquote><img alt="No-deal_brexit_would_cause_severe_damage_to_uk" src="/system/images/22503/original/No-Deal_Brexit_Would_Cause_Severe_Damage_to_UK.jpg?1564271696" /><i> Carolyn Fairbairn is director-general of the Confederation of British Industry - CBI - and former non-ex...
Trump Is "Spewing Fascist Ideology"
2019-07-18 18:51:16 UTC
WASHINGTON (Reuters) - Chants of “send her back” by supporters of President Donald Trump, attacking Somali-born U.S. Representative Ilhan Omar, triggered a wave of concern among congressional Republicans on Thursday, while Omar said Trump was “spewing fascist ideology.” Alarmed that the inflammatory chant might become a theme of the 2020 election campaign, Republican leaders in the U.S. House of Representatives discussed the potential political risks at a breakfast with Vice President Mike Pence, according to Representative Mark Walker of North Carolina. “We cannot be defined by this,” said Walker, telling reporters that he raised th...
Trump Stoking Hatred and Racism in Reelection Campaign
2019-07-18 06:12:54 UTC
NEW YORK (AP) — President Donald Trump has placed racial animus at the center of his reelection campaign, and even some of his critics believe it could deliver him a second term. Every successful modern presidential campaign has been built on the notion of addition, winning over voters beyond core supporters. But Trump has chosen division on the belief that the polarized country he leads will simply choose sides over issues like race. He intensified his attacks on Wednesday, blasting four young congresswomen of color during a rally in Greenville, North Carolina. The crowd responded by chanting, “Send her back!” echoing Trump’s weeken...
Germany's Ursula Von Der Leyen to Lead EU Commission
2019-07-16 23:35:25 UTC
STRASBOURG (Reuters) - Germany’s Ursula von der Leyen secured European parliamentary approval on Tuesday to become the first female European Commission president on a platform of a greener, fairer and rule-based Europe. The German conservative got the thumbs up from socialist and liberal lawmakers which, together with the endorsement by her fellow conservatives, gives her a stronger mandate to tackle issues such as climate change, trade and maintaining democracy in the European Union. Rejection by the EU legislature would have been a painful blow for a bloc beset by challenges ranging from trade to Brexit and erosion of democratic no...
Trump Slammed for Racist Attack on Congresswomen
2019-07-14 23:11:34 UTC
WASHINGTON - U.S. President Donald Trump on Sunday told a group of mostly American-born Democratic congresswomen to “go back and help fix the totally broken and crime infested places from which they came,” a comment that was condemned by Democrats as racist. New York Sen. Kirsten Gillibrand told reporters at an event in Iowa that Trump is "racist" and that he was "demeaning female members of the House of Representatives based on the color of her skin and their cultural heritage," while Vermont Sen. Bernie Sanders wrote in a tweet that, "When I call the president a racist, this is what I'm talking about." Trump said in a series of thr...
Never-Ending War
2019-07-05 03:58:47 UTC
Jalalabad, Afghanistan (AFP) -- Of all the sad, wrenching things I have seen as a journalist in Afghanistan, Niaz Bibi's house was probably one of the saddest. At the age of 70, Bibi has found herself as the main parent of some 40 kids -- the children of her three sons and three grandsons who had been killed by the Islamic State. Bibi does the best she can, but she is so poor that they all live in conditions not much better than a jail. "Have you seen my father?" some of the children asked me when I came to the house. They didn't know their fathers were dead. They thought they were just away somewhere. They looked at their photos and...
Mexico to Provide 40,000 Jobs to Migrants
2019-06-28 18:19:59 UTC
MEXICO CITY (Reuters) - Mexico is finalizing a deal to provide 40,000 factory jobs to migrants in northern states, President Andres Manuel Lopez Obrador said Friday, addressing a key need for the thousands waiting in Mexico as their U.S. asylum cases are decided. Speaking at his daily press conference, Lopez Obrador said he expected an agreement with factories to be signed next week. “This agreement is going to be signed, there will be no legal problem,” he said. “We are arranging this so that they can be hired without much processing.” Mexico’s border states have been inundated with migrants who must often wait weeks to seek U.S....
Steve Jobs Design Chief to Start Own Firm
2019-06-28 00:58:11 UTC
(Reuters) - Jony Ive, a close creative collaborator with Apple Inc co-founder Steve Jobs whose iPhone and other designs fueled Apple’s rise to become a $1 trillion company, will leave later this year to form an independent design company. Apple said Ive will continue work on its products at his new venture, but shares fell as much as 1.5% to $197.44 in after-market trading, wiping about $9 billion from the firm’s value. Ive spent nearly three decades at Apple, playing a leading role in the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s to the iPhone, regarded by many business experts as one...
Mueller Agrees to Testify Publicly on July 17
2019-06-26 01:55:23 UTC
WASHINGTON (AP) — Democrats say Robert Mueller has agreed to testify publicly July 17 before the House Judiciary and intelligence committees after both panels issued subpoenas to him Tuesday evening. House Judiciary Committee Chairman Jerrold Nadler and House Intelligence Committee Chairman Adam Schiff say in a joint statement that the special counsel has agreed to testify about the Trump-Russia report he issued in April. The Justice Department declined to comment. The committees have been in negotiations with Mueller for more than two months about his testimony. But he has been hesitant to testify and speak about the investigation b...
Euro Hits Three-Month High Against US Dollar
2019-06-24 04:00:44 UTC
TOKYO (Reuters) - The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in early Asian trade, its highest since March 22. The dollar index versus a basket of six major currencies was a shade lower at 96.135, having struck 96.093 on Friday, its lowest since March 21, after the Fed last week opened the door for a potential rate cut as early as next month. That weighed on the dollar and in turn reinvigorated its counte...
Angela Merkel: There Has to Be a Political Solution on Iran
2019-06-22 21:23:07 UTC
FRANKFURT (Reuters) - The international community must seek a political solution on Iran, German Chancellor Angela Merkel said on Saturday, after U.S. President Donald Trump said he had aborted a military strike to retaliate against Tehran’s downing of a U.S. drone. Speaking at an annual gathering of Protestant churches, Merkel also said the Iran issue would be discussed at next week’s meeting of leaders of the Group of 20 leading economies in Japan, at least at a bilateral level. “There has to be a political solution (on Iran) and that is what we are working on,” Merkel said. <I>Reporting by Andreas Rinke; Writing by Tom Sims; Ed...
2 Finalists in UK Leadership Race Make Pitch to Tory Members
2019-06-22 20:51:35 UTC
LONDON (AP) — The two finalists in the race to lead Britain’s governing Conservative Party — and become the country’s new prime minister — made their first formal pitches to party members Saturday, both vowing to be the right man to deliver Brexit. Ex-foreign secretary and former London mayor Boris Johnson, the runaway favorite of Tory lawmakers, faced off with Jeremy Hunt, the current foreign secretary, at a Conservative conference in central England’s Birmingham. Opening his address with a focus on delivering Britain’s stalled exit from the European Union, Johnson told the audience “We need to get Brexit done” and be prepared to le...
US Abruptly Calls Off Retaliation Strike Against Iran
2019-06-21 05:39:58 UTC
WASHINGTON (AP) — A U.S. official said the military made preparations Thursday night for limited strikes on Iran in retaliation for the downing of a U.S. surveillance drone, but approval was abruptly withdrawn before the attacks were launched. The official, who was not authorized to discuss the operation publicly and spoke on condition of anonymity, said the targets would have included radars and missile batteries. The New York Times reported that President Donald Trump had approved the strikes, but then called them off. The newspaper cited anonymous senior administration officials. The White House on Thursday night declined reque...
US Drone Shot Down After Entering Iran’s Airspace
2019-06-20 05:51:04 UTC
DUBAI (Reuters) - Iran’s elite Revolutionary Guards have shot down a U.S. “spy” drone in the southern province of Hormozgan, the Guards’ news website Sepah News said on Thursday. State news agency IRNA carried the same report, identifying the drone as an “RQ-4 Global Hawk’. “It was shot down when it entered Iran’s airspace near the Kouhmobarak district in the south,” the Guards’ website added. The RQ-4 Global Hawk unmanned aircraft system (UAS) can fly at high altitudes for more than 30 hours, gathering near-real-time, high-resolution imagery of large areas of land in all types of weather, maker Northrop Grumman says on its websit...
US Weekly Jobless Claims Rise; Imported Inflation Weak
2019-06-13 18:19:18 UTC
WASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May. Other data on Thursday showed import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation pressures. The import deflation supports expectations that the Federal Reserve will cut interest rates this year. U.S. central bank policymakers are scheduled to meet on June 18-19 against the backdrop of rising trade tensions. Financial markets...