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Four boys brought to safety, rescue operations to resume soon


Each of the rescued boys had two divers with them at all times during the operation. "Football's Coming Home. First Wild Boars Out", a headline on one online Thai paper said on Monday, referring to a song chanted by English soccer fans at the World Cup now underway in Russian Federation. Read More »

Manufacturers Created 36K New Jobs in June, According to US Labor Dept.


While manufacturers opened 36,000 new jobs last month and the education and health sectors contributed 54,000 more , retailers shed 21,600 jobs mainly at general merchandise stores. "There's definitely still a lot of room for the labour market to absorb the slack", Kevin Hassett, chairman of the White House Council of Economic Advisers, said on Bloomberg Television. Read More »

Trump's tweets driving up oil prices


It is these countries alone that stand to benefit from bringing additional supplies online, and helps to explain vocal opposition by Iran , Venezuela , and Iraq-who are already pumping near their maximum. "We are making meaningful changes to our supply forecasts: we see lower output from Iran , Libya and Angola ahead, but increase our forecasts for Saudi Arabia ", wrote Martijn Rats, equity analyst at Morgan Stanley. Read More »

China: US tariffs will hit intl. supply chains


Beijing insists it's the injured party. China warned that while it has promised not to " fire the first shot ", it would now be forced to " counterattack " in order to defend its core interests. The Trump administration has also applied tariffs on steel and aluminum from allies like Canada and Mexico and has threatened to abandon the North American Free Trade Agreement with those two countries. Read More »

Trump says US tariffs could be applied to Chinese goods worth $500bn


The Washington Post's Danielle Paquette reported that some of the "qualitative measures" China promised in response to Trump's tariff threats may already be in effect. "And then as you know we have $200 billion in abeyance, and then after that $200 billion, we have $300 billion in abeyance". According to BMI's Mr. Read More »

Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet


Trump, however, seems impatient and wants Gulf allies to play ball. Average prices in the U.S. for unleaded gas, including taxes, averaged $2.83 per gallon for the week ending on June 25. Q: How is Trump different? The move comes two months after US President Donald Trump announced US withdrawal from the Iran nuclear deal . "And yes, we will certainly be requesting that their oil imports go to zero, without question". Read More »

Mexico's AMLO Calls Trump 'Erratic and Arrogant'


Peña Nieto has been criticized by many who say he failed to adequately deal with crime, corruption and economic inequality. Voter turnout was estimated at 63 per cent of the 89 million eligible voters in the country's biggest ever elections. Read More »

The U.S. Chamber of Commerce Is Fighting Trump's Tariffs with Facts


The European Commission, the EU executive that handles trade for the bloc, said on Monday it was trying to convince its U.S. counterparts that imposing such tariffs would be a mistake. According to the U.S. Economists at Bank of America Merrill Lynch have warned that a full-fledged trade war, especially one that lasts more than a year, would slow the USA economy. Read More »

LeBron to join Lakers for $154 million over 4 years


The Los Angeles Lakers , as of last night, have reason to be excited about their future. Also, James was not adamant that another All-Star, such as Kawhi Leonard or Paul George , had to join the Lakers for him to sign with the Lakers. Read More »

Erdogan Wins, Stays in Power As Turkey's President


Dr. Manuel Almeida is a political analyst and consultant focusing on the Middle East. Erdogan won 53 percent of the vote in Sunday's presidential vote, extending his rule until at least 2023 - with the sweeping executive powers that Turks backed in a referendum previous year. Read More »

Harley shifting production overseas to address European Union tariffs


Outside the US, Harley-Davidson has manufacturing facilities in India, Brazil and Australia. Trump says he's getting other countries to reduce and eliminate tariffs and trade barriers, and open up markets. The ugliness of the Harley Davidson spat has spilled over into a large dispute about the USA trade deficit with India, which, at $ 23 billion, is less than a tenth of Beijing's surplus with Washington. Read More »

Jeremy Hunt rebuke for Airbus over threat to leave UK


But as Britain's politics become more polarised because of Brexit , many business leaders are feeling alienated by a party that is pushing through policies on trade and immigration that they say will damage their companies. The European group, which directly employs almost 15,000 people in Britain, warned that crashing out of the bloc would be "catastrophic" and force it to consider its investments. Read More »

US stocks slide on escalating US-China trade tensions


After failing to successfully negotiate for a reduction of the U.S.'s $375 billion trade deficit, the administration is enacting new tariffs on Chinese goods. French nuclear group Orano and China National Nuclear Corp announced an agreement for preparatory work on a used fuel processing and recycling plant in China. Read More »

Just one in three Dutch Turks vote in the Turkish election: AD


However the opposition raised doubts about the accuracy and reliability of the figures released by state-run Anadolu news agency, the sole distributor of the official vote tally. Voting in Istanbul along with his son-in-law and Energy Minister Berat Albayrak, Erdogan said he expected turnout to be strong in an indication of "how mature democracy is in Turkey". Read More »

AMC Theaters unveils movie subscriptions for moviegoers


And no one puts AMC in the front row aisle seat. Weeks run from Friday to Thursday and unused movie tickets don't roll over. Though Lowe had a positive tone, MoviePass' Twitter handle didn't seem so welcoming that AMC was "jumping on board the movie subscription train". Read More »

Teslas solar business in trouble, to downsize facilities in nine US states


Tripp claimed that he leaked Tesla information to a reporter for Business Insider as he felt his concerns were being ignored at the company: "I kept bringing this up to management, supervisors, anyone who would listen", he said . During the investors' event, Musk noted that Tesla would be doing another 1 GWh project less than a year from now , with more growth set to happen within the next few years. Read More »

Supreme Court sales tax ruling to make online shopping more expensive


Until now, online retailers with no physical presence in a state were not. Matt bought has a Syracuse gnome thta he bought online, and since the store has no physical presence in Arizona, he didn't have to pay sales tax. "Great victory for consumers and retailers". Estimates have states missing out on $8 to $ 13 billion just past year. Five states - Delaware, Montana, Oregon, New Hampshire, and Alaska - do not have a state sales tax. Read More »

Donald Trump ratchets up China trade dispute with new tariffs


The escalating conflict between the world's two largest economies has rattled markets and companies , which fear disruption to their global supply chains. This move from President Trump could be counted as a countermeasure to China's decision to raise tariffs about $50 Billion on U.S products. On Monday, the Trump administration responded with an unprecedented threat to levy a 10 percent tariff on $200 billion in Chinese products - a move that would put a large share of the $505 ... Read More »

White House Hits China With New Tariffs, Ramping up Trade War


The American tariffs will come in two phases, the U.S. Trade Representative's office said on Friday, with the tariff on some $34 billion worth of Chinese imports set to take effect on July 6. Reuters said, citing an unnamed administration official, "Trump no longer thought of China's influence over North Korea as a compelling reason not to impose tariffs now that the United States had a direct line of communication with Pyongyang". Read More »

How do North Korean defectors feel about the Trump-Kim summit?


He also says Trump was "defeated" by the North Korean leader when he failed to push him to make human rights commitments. As meaningful as the joint statement is, however, statements made by Kim Jong Un resonate just as deeply. "If a Democratic president had given up so much for so little, Republicans would be up in arms". The historic agreement came after the two leaders held several meetings throughout the day. Read More »

The best photos from Trump's historic summit with Kim Jong Un

He also called a unilateral halt to "very provocative" United States military exercises with South Korea , claiming they were "very expensive" and the USA pays for "a big majority of them". Washington is eager to see if the North's pledges were "sincere", Pompeo said, adding: "The US has been fooled before". The statement provided little detail of what Trump and Kim committed to in terms of timeline and verification of denuclearization of the Korean peninsula and how many nukes Kim is ... Read More »

Net Neutrality Repeal Takes Effect Monday


And in May, the Senate voted in favor of reversing the FCC's repeal; however, the measure still needs to be passed in the House of Representatives, where afterwards it will then need President Trump's signature. "I would love to have one uniform, robust federal standard protecting net neutrality, but given that the FCC has left a void, the states have to fill it". Read More »

Final preparations under way for Trump-Kim summit

Singapore's Foreign Minister Vivian Balakrishnan , North Korean leader Kim Jong Un , and Singapore's Education Minister Ong Ye Kung pose for a photo in Singapore June 11, 2018 , in this picture obtained from social media. The rare public appearance of Kim, waving and smiling to onlookers, adds to the more affable image of the young leader that has emerged since his summit in April with South Korean leader Moon Jae-in . Read More »

Trump says U.S. backs out of G7 communique, criticizes Trudeau


Trudeau told reporters that imposing retaliatory measures "is not something I relish doing" but that he wouldn't hesitate to do so because "I will always protect Canadian workers and Canadian interests". I think they are starting to be committed to a much more fair trade situation for the United States, because it has been treated very, very unfairly.... Read More »

G7 leaders set to clash with combative Trump over tariffs, trade

Prime Minister Justin Trudeau and French President Emmanuel Macron say they support U.S. President Donald Trump's efforts to rid North Korea of nuclear weapons. "Macron was definitely getting more phone calls than other European leaders, so it looked at first like it was paying off", Julianne Smith, a former deputy national security adviser to Vice President Joe Biden, told Politico. Read More »

Canada co-ordinating tariff attack on United States with EU


Both men however voiced anger over Trump's imposition of steel and aluminum tariffs against close allies, supposedly on "national security" grounds . "We have to maintain these ties". In a radio interview this morning, foreign trade undersecretary Juan Carlos Baker rejected any claim that the tariffs amount to revenge on the United States, charging instead that Mexico was simply acting within its rights. Read More »

Trump tariffs: Mexico retaliates against USA products

He's in standoffs with Mexico, Canada , China, Japan and members of the European Union, the largest USA trading partner. Mr Mnuchin's support of legislation restricting Chinese investments that imperil the US's national security is among his highest priorities, a Treasury spokesman said Tuesday. Read More »

Mexico Details Its List of Retaliatory Tariffs Against U.S., Adds Bourbon


Speaking to Xinhua , Chinese Ambassador to Russia Li Hui singled out the Eurasian Economic Union which has "great potential" according to the diplomat . And Trump's rhetoric about trade wars being easy to win isn't preparing the public for the short-term pain and economic upheaval that will result. Trump's decision to penalize some of America's best friends is consistent with his approach of pressing allies and wooing foes, betting he can extract things from both to benefit the United ... Read More »

Apple's software improvements could make AR as universal as iOS


In an announcement that must have Houseparty a little nervous, iOS 12 will have updated Facetime that allows group video calls. Here's a look at some of the standouts from Apple's WWDC . Universal apps make a lot of sense for Apple - after all, the company has pitched the iPad Pro as a laptop replacement. Of course, AR apps like these have been available in the App Store, but this is built-in to Apple's growing catalog of preinstalled apps. Read More »

Trump economy should ease trade war fears, Peter Navarro says


President Trump tweeted on Friday that Canada had treated American farmers "very poorly" and that the country's trade policies are "highly restrictive". But as U.S. Commerce Secretary Wilbur Ross conceded Thursday, as far as Canada is concerned, Ottawa's refusal to give sufficient ground on NAFTA was the reason. Read More »