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- Kashmir protesters defy restrictions, clash with security forces
Fri, 23 Aug 2019 18:34:06 -0400
Security forces used tear gas against stone-throwing local residents in Indian Kashmir's main city of Srinagar on Friday, after a third straight week of protests in the restive Soura district despite the imposition of tight restrictions.
- Christian couple can sue over Minnesota same-sex marriage video law
Fri, 23 Aug 2019 18:29:31 -0400
A federal appeals court on Friday revived a lawsuit by a Minnesota couple challenging a state law requiring that their video production company film same-sex weddings, which they say violates their Christian beliefs.
- Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
Fri, 23 Aug 2019 18:29:19 -0400
U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world's two largest economies.
- Key dates in the U.S.-China trade war
Fri, 23 Aug 2019 18:28:22 -0400
Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world's two largest economies.
- Fed's commitment to act upstaged by Trump's furor
Fri, 23 Aug 2019 18:26:12 -0400
Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump.
- World needs to end risky reliance on U.S. dollar: BoE's Carney
Fri, 23 Aug 2019 18:26:12 -0400
Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.
- Oil spills into U.S.-China trade war, prices slump
Fri, 23 Aug 2019 18:23:59 -0400
China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.
- As EU threatens trade retaliation, Brazil sends army to fight Amazon fires
Fri, 23 Aug 2019 18:21:26 -0400
European leaders on Friday threatened to tear up a trade deal with South America, reflecting the growing international dismay and anger with Brazil as a record number of fires in the Amazon rainforest intensified the unfolding environmental crisis.
- Trump speaks with Brazil's Bolsonaro, offers aid with Amazon rainforest fires
Fri, 23 Aug 2019 18:20:56 -0400
U.S. President Donald Trump said he spoke with Brazilian President Jair Bolsonaro on Friday and offered help, if needed, in dealing with the Amazon rainforest fires.
- Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase
Fri, 23 Aug 2019 18:13:23 -0400
More investors are watching the shares of discount retailers like Dollar General Corp and Dollar Tree Inc , which perform better during economic downturns, in the hopes of gauging changes in consumer behavior, though higher tariffs may erode the companies' ability to act as economic bellwethers.
- Stocks tumble, yen rallies as U.S. and China escalate trade war
Fri, 23 Aug 2019 18:10:16 -0400
Stocks, the dollar and oil prices fell on Friday while safe havens rose after President Donald Trump demanded U.S. companies look at alternatives to China for manufacturing, following Beijing's retaliatory tariffs on American goods.
- Fed's Powell vs. Trump: who's got a 'feel' for markets now?
Fri, 23 Aug 2019 18:09:36 -0400
Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.
- Wall Street plunges as U.S.-China trade war intensifies
Fri, 23 Aug 2019 17:46:44 -0400
Wall Street tumbled on Friday after the U.S.-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing business with China after Beijing announced its own slate of retaliatory measures.
- USTR to accept public comment period before raising tariffs on $250 billion in Chinese imports
Fri, 23 Aug 2019 17:40:38 -0400
The U.S. Trade Representative's office on Friday said it would hold a public comment period before raising tariffs on $250 billion in Chinese imports on Oct. 1 from 25% to 30% after China announced what the U.S. considers "unjustified tariffs."
- Answering Trump, UPS, FedEx and USPS say they already fight illegal drug shipments
Fri, 23 Aug 2019 17:36:37 -0400
FedEx Corp , United Parcel Service Inc and the U.S. Postal Service said on Friday they are already working to stop traffickers from using their services after U.S. President Donald Trump ordered delivery firms to refuse packages of the powerful painkiller fentanyl from China.
- Encouraged by Johnson's visit, UK officials now hoping rest of EU agrees to work on Brexit solution
Fri, 23 Aug 2019 17:36:13 -0400
Britain is hoping the rest of the European Union falls in behind France and Germany and agrees to work on solving a deadlock over Brexit, with officials sensing a glimmer of hope after meetings this week, but conscious of the need for a wider consensus in Europe.
- Trump administration considers boost to biofuel mandates to ease farmer anger: sources
Fri, 23 Aug 2019 17:35:10 -0400
The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad use of waivers for small refineries, but is not planning to rescind any of the exemptions it has granted so far, four sources familiar with the matter said.
- Climate activists demonstrate outside Brazil embassies in Paris and London
Fri, 23 Aug 2019 17:20:22 -0400
Several hundred environmental activists demonstrated on Friday outside the Brazilian embassy in Paris as a clash between the two countries' leaders over the issue of climate change intensified, while similar protests took place in London.
- CDC flags one death and nearly 200 cases of lung illnesses in U.S, possibly tied to vaping
Fri, 23 Aug 2019 17:15:43 -0400
The U.S. Centers for Disease Control and Prevention said on Friday it had identified 193 potential cases of severe lung illness tied to vaping in 22 states as of Aug. 22, including one adult in Illinois who died after being hospitalized.
- Mexican families scour arid plains for graves of disappeared
Fri, 23 Aug 2019 17:04:09 -0400
Fifteen years after her daughter's disappearance, 55-year-old Silvia Ortiz spends day after day raking through arid scrubland in northern Mexico hoping to find her remains.