U.S. shutdown sends economy into uncharted waters

15/01/19 09:59 AM By Nico - Comment(s)

WASHINGTON, USA – The United States government shutdown on Saturday, January 12, became the longest in history and is taking a growing bite out of the world's largest economy with each passing day, economists say.


While most of the 21 "lapses" in government spending since 1976 left barely a...

Asia stocks at one-month high, focus stays on U.S.-China trade talks

15/01/19 09:50 AM By Nico - Comment(s)

TOKYO (Reuters) - Asian stocks inched higher to one-month highs on Friday, after Federal Reserve Chairman Jerome Powell reiterated the U.S. central bank can be patient on raising interest rates further.


But the rally’s momentum slowed partly as investors sought more clarity on whether the United Stat...

U.S.-backed Syrian force: Islamic State in its 'final moments'

15/01/19 09:02 AM By Nico - Comment(s)

QAMISHLI, Syria/BEIRUT (Reuters) - Islamic State militants are “living their final moments” in the last enclave they hold near the Iraqi border, where U.S.-backed Syrian Democratic Forces (SDF) are attacking them, an SDF official said on Sunday.


A defeat of the jihadists in the enclave would wipe out...

Trump says he had 'great conversation' with Putin, calls media reports 'nonsense'

14/01/19 04:58 PM By Nico - Comment(s)

Washington (CNN) — President Donald Trump blasted recent reports by The Washington Post and The New York Times that raised questions about his private meetings with Russian President Vladimir Putin and revealed an FBI investigation into his behavior after he fired FBI Director James Comey.


During a p...

Oil prices rise by more than 1 percent on China-U.S. trade talks, OPEC cuts

08/01/19 09:19 AM By Nico - Comment(s)

SINGAPORE (Reuters) — Oil prices rose by more than 1 percent on Friday, shaking off earlier losses, after China said it would hold talks with the U.S. government on Jan. 7-8 to look for solutions to a trade dispute between the world’s two biggest economies.


Brent crude futures LCOc1 were at $56.60 pe...

North Korea warns US sanctions may 'block path to denuclearization'

18/12/18 10:21 AM By Nico - Comment(s)

SEOUL, South Korea — North Korea has condemned the United States over its latest sanctions measures, warning the policy could "block the path to denuclearization on the Korean peninsula forever".


The warning from the North on Sunday came days after the...

U.S. says March 1 'hard deadline' for trade deal with China

11/12/18 11:24 AM By Nico - Comment(s)

WASHINGTON (Reuters) - U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a “hard deadline” after a week of seeming confusion among President Donald Trump and his advi...

US, China in make-or-break meeting in Buenos Aires

26/11/18 02:42 PM By Nico - Comment(s)

PARIS — The United States and China have this week what may be their last chance to broker a ceasefire in an increasingly dangerous trade war when their presidents meet in Buenos Aires.

 

With global growth increasingly suffering from frictions between the two biggest economies, tensions will com...

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