Finance

  • EU to protect oil exports & firms from US sanctions on Iran
    Eu_to_protect_oil_exports_and_firms_from_us_sanctions_on_iran 2018-07-17 21:13:17 UTC
    The Iran nuclear agreement marked its third anniversary in a gloomy state. Despite repeated attempts to keep him on board, US President Donald Trump withdrew the United States from the deal – signed on July 14, 2015 under the formal title the Join...
  • Ireland to Boycott Israeli 'Occupied Territories' Goods
    Ireland_to_boycott_israeli_'occupied_territories'_goods 2018-07-15 20:23:57 UTC
    DUBLIN — On July 12, the Irish Senate, known as the Seanad Éireann, passed a bill to prohibit the import and sale of goods, services, and natural resources, originating from “illegal settlements in occupied [Palestinian] territories.” The ban woul...
  • Trump brought his chaotic style of governing to the NATO summit
    Trump_brought_his_chaotic_style_of_governing_to_the_nato_summit 2018-07-12 18:00:08 UTC
    U.S. President Donald Trump brought his chaotic style of governing to the NATO summit in Brussels on Wednesday and Thursday, irritating and befuddling allies with charges and jibes before declaring success for convincing his counterparts to pay mo...
  • Germany and China standing together against US protectionism
    Germany_and_china_standing_together_against_us_protectionism 2018-07-09 21:02:43 UTC
    BERLIN (Reuters) - Germany and China signed a raft of commercial accords worth some 20 billion euros ($23.5 billion) on Monday, with their leaders reiterating commitments to a multilateral global trade order despite a looming trade war with the Un...
  • Trade war: China accuses US of “opening fire”
    China_warns_us___n-korea_not_let_the_situation_get_to_an_irreversible_stage 2018-07-05 16:53:07 UTC
    BEIJING/WASHINGTON (Reuters) - China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in. U....
  • Brexit: Pro European Union Protesters March in London
    Brexit-_pro_european_union_protesters_march_in_london 2018-06-23 22:01:31 UTC
    LONDON (Reuters) - Around 100,000 supporters of the European Union marched through central London on Saturday to demand that the British government hold a final public vote on the terms of Brexit, organizers said. Protesters packed the main art...
  • Trump's massive tax cuts drive up U.S. deficits: Just in May alone, $147 billion
    Trump's_massive_tax_cuts_driving_up_us_deficit-__147_billion_deficit_in_may 2018-06-12 23:06:23 UTC
    WASHINGTON (Reuters) - The U.S. government had a $147 billion budget deficit in May, an increase of 66 percent from the same month last year as the ledger took a hit from declining revenue and higher spending, according to Treasury Department data...
  • Macron suggests to exclude Trump from joint statement at G7 summit
    France's_macron_condemns_turkey's_invasion_into_syria 2018-06-08 02:20:20 UTC
    OTTAWA (Reuters) - French President Emmanuel Macron, who has invested in a warm personal relationship with US president Donald Trump, said the other G7 nations - Britain, Canada, Germany, Italy and Japan, as well as France - should remain “polite”...
  • Mexico puts tariffs on products from key Republican congressional districts
    Mexico_puts_tariffs_on_products_from_key_republican_congressional_districts 2018-06-07 02:50:01 UTC
    WASHINGTON/MEXICO CITY (Reuters) - Mexican tariffs are roiling U.S. congressional campaigns in states where U.S. exporters could take a hit and President Donald Trump’s Republicans face tough races in November congressional elections. Mexico an...
  • United States completely isolated itself at G7 meeting
    United_states_completely_isolated_itself_at_g7_meeting 2018-06-01 19:03:28 UTC
    WASHINGTON/WHISTLER, British Columbia (Reuters) — U.S. isolated at G7 meeting as tariffs prompt retaliation. At a meeting of the Group of Seven top world economic powers in Canada, France’s Finance Minister Bruno Le Maire castigated the United ...
  • France: The American consumer will pay for Trump's tariffs bill
    France-_the_american_consumer_will_pay_for_trump's_tariffs_bill 2018-06-01 05:26:35 UTC
    PARIS (Reuters) - U.S. trade tariffs on European metals exports are unjustified and will be met with a proportionate and calibrated EU response, the French government said on Thursday. “Today, France and the EU disapprove, of course, these meas...
  • Italy in chaos as effort to form government collapses
    Italy_in_chaos_as_effort_to_form_government_collapses 2018-05-28 07:53:17 UTC
    MILAN (Reuters) - Italy’s president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. President Sergio M...
  • US threatens to 'crush' Iran and warns European companies
    Pompeo_worries_cia_staff_as_fbi_pursues_russia_probe 2018-05-21 17:06:09 UTC
    WASHINGTON (Reuters) - Secretary of State Mike Pompeo on Monday threatened to impose the “strongest sanctions in history” against Iran if it did not accept a sweeping series of U.S. demands, including effectively giving up its nuclear ambitions, c...
  • Merkel, Putin share common ground on Iran nuclear accord
    Merkel__putin_share_common_ground_on_iran_nuclear_accord 2018-05-18 17:09:29 UTC
    German Chancellor Angela Merkel and Russian President Vladimir Putin discussed the Iran nuclear deal, Syria, the conflict in Ukraine and the North Stream 2 gas pipeline. Merkel said that the Iran nuclear deal was better than none at all in a p...
  • European Powers Regret Trump's Decision on Iran
    Merkel_and_macron_seeking_a_joint_proposal_on_eu_reforms 2018-05-08 19:22:15 UTC
    BRUSSELS (Reuters) - Israel praised President Donald Trump’s decision to pull the United States out of the Iran nuclear deal, while Washington’s allies in Europe expressed regret over the decision and said they would to try keep the pact alive. ...
  • Trump will be announcing his decision on Iran Deal tomorrow
    Trump_will_be_announcing_his_decision_on_the_iran_deal_tomorrow 2018-05-07 19:25:15 UTC
    WASHINGTON (Reuters) - U.S. President Donald Trump said he would announce a decision on the future of the Iran nuclear deal on Tuesday as European countries piled pressure on Washington to remain in the 2015 agreement. Trump has threatened to w...
  • China increased tariffs by up to 25 percent on 128 US goods
    China_increased_tariffs_by_up_to_25_percent_on_128_us_products 2018-04-02 06:29:23 UTC
    BEIJING (Reuters) - China has increased tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of alum...
  • Trump signs spending bill that "nobody read it"
    Trump 2018-03-23 18:45:02 UTC
    WASHINGTON (Reuters) - U.S. President Donald Trump signed Congress’ newly passed $1.3 trillion spending bill on Friday, ending suspense over a surprising threat he made hours earlier to veto the budget and shut down the federal government. In t...
  • European Union: It is not clear what Trump wants
    Eu_tells_us_president__you're_wrong_trade_wars_are_'easy_to_lose' 2018-03-23 16:29:14 UTC
    BRUSSELS (Reuters) - The European Union’s trade chief is unsure what Washington wants in return for a permanent EU exemption from steel tariffs but she warned on Friday that she would resist pressure to cut EU duties on U.S. cars. European Trad...
  • EU Schools Trump On Trade: You're Wrong! Trade Wars Are 'Easy to Lose'
    Eu_tells_us_president__you're_wrong_trade_wars_are_'easy_to_lose' 2018-03-08 03:59:42 UTC
    The EU has said US tariffs would be met with a "proportionate response." The European Council, IMF and WTO have warned Trump he is very wrong about trade wars being easy to win. The European Commission on Wednesday presented its strategy for re...
  • Top Trump Economic Adviser Resigns After Dispute Over Tariffs
    Top_trump_economic_adviser_resigns_after_dispute_over_tariffs 2018-03-07 00:00:27 UTC
    WASHINGTON (Reuters) - Top White House economic adviser Gary Cohn, a Wall Street banker who opposes hefty steel and aluminum tariffs planned by U.S. President Donald Trump, said on Tuesday that he was resigning. “It has been an honor to serve m...
  • Eurozone Posts Fastest Economic Growth in a Decade
    Eurozone_posts_fastest_economic_growth_in_a_decade 2018-03-02 08:55:40 UTC
    BENGALURU (Reuters) - While euro zone business growth was the fastest in well over a decade at the start of the year, it lost some steam last month as a stronger currency took its toll, a private-sector survey of purchasing managers showed. Sti...
  • Rebuilding Iraq after war with ISIS will cost $88.2 billion
    Rebuilding_iraq_after_war_with_isis_will_cost__88.2_billion 2018-02-12 10:49:21 UTC
    KUWAIT (Reuters) - Rebuilding Iraq after three years of war with Islamic State will cost $88.2 billion, with housing a particularly urgent priority, Iraqi officials told an international donors’ conference on Monday. Donors and investors have g...
  • Paul: I can't look the other way by trillion-dollar deficits
    Rand_paul_says-_i_can't_look_the_other_way_by_trillion-dollar_deficits 2018-02-09 06:06:44 UTC
    WASHINGTON (AP) — The U.S. government stumbled into a shutdown at midnight as a rogue Senate Republican blocked a speedy vote on a massive, bipartisan, budget-busting spending deal, protesting the return of trillion-dollar deficits on the watch of...
  • Germany's Economy Growing Fast with Surplus
    German_economy_powers_on-_in_surplus_and_growing_fast 2018-02-01 22:18:01 UTC
    BERLIN (Reuters) - The German government this week raised its 2018 growth forecast to 2.4 percent from 1.9 percent after bullish economic data, which could translate into added tax revenues. That would give more leeway to increase state spendin...