Global share markets suffer a Trump slump

The week started with a bit of a Trump slump on the stock markets. Nervous investors sold shares because of uncertainty about the effects of the immigration curbs introduced by the new US president. London, Frankfurt and Paris all lost around one percent on Monday as the travel ban increased concerns about the impact of his… Please follow and like us:

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Exclusive: Casino Mogul Steve Wynn To Be New RNC Finance Chair

The Republican National Committee is poised to name former rival turned key ally to President Donald Trump as the next finance chair for the party. Billionaire casino mogul Steve Wynn was selected to lead the GOP fundraising operation into the 2018 midterm election at a meeting of RNC officials over the weekend, according to sources with… Please follow and like us:

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Trump Signs Order to Cut Business Regulations

U.S. President Donald Trump has signed an executive order cutting regulations on businesses. Trump held a closed door meeting at the White House with small business owners before the signing. The president repeated his desire to cut business regulations by as much as 75 percent. He said it is his desire to make it as easy… Please follow and like us:

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Trump Announces Manufacturing Revival Team

President Trump on Friday rolled out the Manufacturing Jobs Initiative, a group of business and union leaders who will advise the administration on how to promote a manufacturing revival in America. The group includes some big names in American business, including U.S. Steel CEO Mario Longhi and Tesla CEO Elon Musk. The White House said Trump… Please follow and like us:

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US economic growth slows in Q4 2016 from weak exports

US economic growth slowed more than expected in the final three months of last year. The first official estimate from the Commerce Department showed gross domestic product increased by 1.9 percent from the same period in 2015. That was a sharp deceleration from the 3.5 percent growth pace recorded between July and September. Soybean slump One… Please follow and like us:

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Robotic food delivery is rolling into the United States in February

Will the Starship bot be the future of takeout? Starship Technologies, co-founded by Ahti Heinla and Janus Friis of Skype fame, raised $17.2 million in January to build a fleet of six-wheeled delivery robots. More feasible for large-scale rollouts than drones, these delivery bots are scheduled to have their American debut in Washington, D.C. and Redwood… Please follow and like us:

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Trump: Time for ‘Busiest Congress’ Ever

The question of how much President Trump gets done with Congress this year is not an equation involving two variables. It actually involves three. “We don’t want to set arbitrary deadlines on things. We want to get things right. We want to get them done the right way.” At the congressional retreat in Philadelphia on Thursday,… Please follow and like us:

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What’s next after the US withdrawal from the TPP?

Finally agreed a year ago after seven years of negotiations, the Trans Pacific Partnership was widely expected to become the third biggest regional trade agreement in the global economy after NAFTA and the European Union. Disavowed by United States President Donald Trump in his first week in office, the corpse of the much vaunted TPP is… Please follow and like us:

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China’s new microwave weapon can disable missiles and paralyze tanks

An electronics-killing ray has a variety of uses in war. Chinese Internet via Hongjian This weapon, which can pump out high-powered microwaves from a relatively small platform, could be the start of a new chapter in Chinese electronic warfare. For over 6 years, Huang Wenhua and his team at the Northwest Institute of Nuclear Technology in… Please follow and like us:

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Mexican president: We will not pay for the border wall

Mexico’s leader Enrique Pena Nieto has condemned US President Donald Trump’s move to build a border wall, and insisted that his country has no intention of paying for it. “I regret and condemn the decision of the United States to continue construction of a wall that, for years, has divided us instead of uniting us,” President… Please follow and like us:

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Understanding net neutrality: Seven essential reads

By The Conversation. Via shutterstock.com Editor’s note: The following is a roundup of archival stories. Ajit Pai. Federal Communications Commission With the selection of Ajit Pai to chair the Federal Communications Commission, President Trump has elevated a major foe of net neutrality from the minority on the commission to its head. Pai, already a commissioner and… Please follow and like us:

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Debunking the Myth TPP’s Demise is China’s Gain

An economist argued Tuesday that America’s trade deal actually makes it easier to ship jobs overseas and gives a boost to China. Ann Lee, a New York University adjunct professor and author of “What the U.S. Can Learn from China,” told CNN that the 12-nation trade pact negotiated by former President Barack Obama would have raised… Please follow and like us:

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Dow over 20,000, global shares rally

Share prices jumped worldwide on Wednesday. Among the factors – strong Japanese trade data showing the country’s exports rose for the first time in 15 months in December and solid earnings by European companies such as computer peripherals maker Logitech, Spain’s Banco Santander and British retailer WH Smith. In New York renewed investor enthusiasm over US… Please follow and like us:

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UK Court Pumps Brakes on Brexit

  Although the United Kingdom stumbled slightly on its path to Brexit Tuesday following a U.K. Supreme Court ruling that Article 50 must be triggered by an act of Parliament, it is unlikely the ruling will be enough to derail British independence. “The British people voted to leave the EU, and the government will deliver on their… Please follow and like us:

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South China Sea, Not Trade First Point of Friction for Trump, China

Many thought trade would be the first area in which the administration of President Donald Trump could see tensions rising with China. On the campaign trail, Trump talked constantly about China and jobs, and pledged to label Beijing a currency manipulator and vowed to levy punishing tariffs to counter China’s cheating on trade. But on Trump’s… Please follow and like us:

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