BRASILIA Brazilian authorities on Tuesday lowered the toll of people injured in a recent bloody clash between farmers and an indigenous tribe over land, and said no one had their hands cut off as reported earlier by a rights group. The government of Maranhao state, where the violence occurred on Sunday, said seven people were taken to hospital and only three remain hospitalized, including a man who […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks followed global indexes higher on Wednesday, as strong earnings and manufacturing data boosted risk appetite, while expectations that the Federal Reserve will signal a June rate increase later in the session lifted the dollar. Oil prices pulled higher after a sharp fall on Tuesday on technical selling in a market already worried about oversupply and following a rise in […]
New Democratic National Committee Chairman Tom Perez has big shoes to fill after his two predecessors were forced to resign in disgrace after being exposed for, among other things, intentionally rigging their party’s national primary process and sharing debate questions with chosen candidates days before debates were held. And, at least with his rhetoric, Perez seems up for the task. In speaking with a group of immigrants […]
By Susan Heavey | WASHINGTON WASHINGTON U.S. President Donald Trump came to office promising that he would produce so much winning that Americans would be sick of it. As he struggles to produce wins, some signs of frustration are starting to appear. Democrats’ gleeful declarations that they outsmarted Republicans in a battle over a spending bill that avoided a government shutdown drew the ire of the president. […]
They include coal executives Christopher Cline, founder of coal company Foresight Reserves LLC, and J Clifford Forrest, president of Rosebud Mining Company — each gave $1 million. Also contributing $1 million each: Hushang Ansary, a longtime oil executive and businessman, and his wife, Shahla Ansary. Inaugural committee donors who gave at least $1 million were invited to a long list of exclusive events over the inauguration weekend, […]
US President Donald Trump said the federal government needed a shutdown this autumn to fix what he called a “mess” in the wake of a Congressional deal that ignored key elements of his budget requests. Taking to Twitter to express his irritation over an agreement sealed on Sunday between the two parties that contained no funding for his border wall, Mr Trump complained that the Republicans had inadequate […]
Paul Rosen, a former federal prosecutor and Obama-era chief of staff for the Department of Homeland Security, is joining the Los Angeles office of Crowell & Moring as a partner. It’s his first private sector law job after 12 years in government, including stints working for the courts, Congress and the Obama administration. He plans […] (via WSJ)
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces speaks with winners and organisers of the Dalma Dhow Race, during a Sea Palace barza. Seen with Ahmed Al Romaithi (2nd L) and Maj Gen Faris Al Mazrouei, Chairman of the Critical Infrastructure and Coastal Protection Authority (back R). Hamad Al Kaabi / Crown Prince Court — Abu Dhabi Sheikh […]
By Laila Kearney | NEW YORK NEW YORK New York is bracing for President Donald Trump’s first trip back to his hometown since taking office in January in a Thursday visit that is expected to draw protests and snarl traffic in the United States’ most populous city. The trip could mark a repeat of the chaotic 2-1/2 months between the real estate developer’s Nov. 8 election and […]
The Victorian government has announced that it will be investing AU$11 million in the mobile blackspot program as part of an overall AU$45 million spend on improving digital technology and infrastructure in regional areas across the state. “The government is investing AU$45 million to give regional Victorian homes and businesses access to mobile and broadband technologies, enabling them to participate in the digital economy,” the Victorian government […]
DUBAI // A central system for monitoring drone use in the UAE is being set up as part of new standards for unmanned aerial vehicles. The system would involve a mandatory serial number to be used by potential manufacturers, reported Wam, the state news agency. The surveillance system was part of new regulatory standards for commercial and recreational drone use endorsed by the Emirates Authority for Standardisation […]
New regulatory standards for commercial and recreational use of drones have been endorsed by the Emirates Authority for Standardisation & Metrology (ESMA), including a surveillance system for detecting unmanned aerial vehicles in the UAE. Dr Rashid Ahmed Bin Fahad, chairman of ESMA, said in comments published by state news agency WAM that the new standards envisage a central system to monitor any drone operating in the UAE […]
TOKYO Asian shares advanced on Tuesday, helped by rising optimism on the technology industry and easing concerns over North Korea, while the dollar edged up to one-month high versus the yen. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, with many of the region’s markets reopening after a long holiday weekend. Japan’s Nikkei rose 0.3 percent. On Wall Street, although the Dow Jones […]
ABU DHABI // Heavier fines will be levied on petrol smugglers in the UAE’s drive to protect its petroleum industry. FNC members will on Tuesday debate a legislative bill to jail petrol smugglers for between one and three years and impose a Dh500,000 fine for repeat offences. The current penalty is a jail term and a Dh30,000 fine. A national law is needed to govern the transfer, […]
US stock markets climbed higher on Monday, as bipartisan agreement over a US budget deal overpowered weak manufacturing data in the US and China, with European markets closed for the May bank holiday. The benchmark S&P 500 climbed 0.3 per cent by midday in New York on news of the budget deal, shrugging off an initial tumble when data from the Institute for Supply Management showed America’s […]
The White House announced Monday that President Trump has signed an executive order establishing the American Technology Council (ATC). “Americans deserve better digital services from their Government,” the executive order reads. The council’s purpose, it says, is to promote policies that help the federal government “transform and modernize its information technology and how it uses and delivers digital services.” Chris Liddell, the White House director of strategic […]
In other words, the FEC can’t really do much to shut down these groups, even if they do have the mailing address of a state prison, as is the case with Pesce’s PAC. (Update: 10:51 a.m., April 7, 2017: The FEC on April 6 sent Pesce a letter asking him to verify the accuracy of his “Impeach the Assole” PAC filing. The letter reminds Pesce that it’s […]
WASHINGTON U.S. consumer spending was unchanged in March for a second straight month and the overall monthly inflation rate fell for the first time in a year,confirming the weak domestic demand in the first quarter. But when adjusted for inflation consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent, ending two straight months of decline,the Commerce Department said on Monday. Economists […]
By Richard Cowan | WASHINGTON WASHINGTON Negotiators in the U.S. Congress reached a deal late on Sunday on around $1 trillion in federal funding that would avert a government shutdown later this week, while handing President Donald Trump a down payment on his promised military build-up. The full House of Representatives and Senate must still approve the bipartisan pact, which would be the first major legislation to […]
Besides the upcoming FOMC meeting on May 2-3, and French & Italian politics – the decisive runoff round of the French election takes place this Sunday – this week’s releases are dominated by US payrolls expected to come around 170k. The busy release calendar continues with Norges bank and RBA meetings as well as global manufacturing PMIs. The market’s focus during the week of 5/1 will begin […]
By Jessica Toonkel and Lauren Hirsch | NEW YORK NEW YORK Twenty-First Century Fox Inc (FOXA.O) is in talks with Blackstone Group LP (BX.N) about submitting an offer to buy Tribune Media Co (TRCO.N), one of the largest U.S. television station operators, sources familiar with the matter said on Sunday. Blackstone, the largest manager of private equity and real estate assets, would provide the cash, while Fox, […]
Hanging over discussion of Federal Reserve tightening has been a potentially market-shaking question: how to safely unwind the crisis-era asset purchases that bloated the central bank’s balance sheet. Policymakers led by Janet Yellen, the Fed chair, have approached the topic gingerly, acutely aware of the potential to repeat the so-called taper tantrum of 2013, where ill-timed talk of slowing bond purchases roiled global markets. Yet for all the […]
President Donald Trump was a distracting entertainment from the moment he launched his campaign in June of 2015 — until he wasn’t. His opening speech, in which he called Mexican immigrants “rapists” and told the world he would be the best jobs president “God ever created,” was looked at as the ravings of a man whose outsized ego was too big to be anything but hilarious. News […]
Google Australia has confirmed that the Australian Taxation Office (ATO) is chasing it for a debt relating to unpaid tax, noting it will “lodge an objection” against the amended income tax assessments it was issued at year-end. “Such contingencies relate to reviews for open tax years as well as certain transactions and computations for which the ultimate tax determination is uncertain during the ordinary course of business,” […]
