US Presses China to Show Leadership on N. Korea, Cut Oil Exports

In the wake of North Korea’s latest and most advanced missile test to date, the United States has urged China to show leadership and do something it has so far been unwilling to do – cut off Pyongyang’s oil supply. Analysts said that while that option remains a step the Chinese still appear unwilling to take,… Please follow and like us:

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VENEZUELA – On brink of bankruptcy, Venezuela faces day of reckoning

Locked in a deep economic crisis, Venezuela’s beleaguered government has summoned creditors for crisis talks on Monday as it lurches dangerously close to defaulting on its debt. The country with the world’s largest known oil reserves is on the brink of bankruptcy, and its embattled President Nicolas Maduro is fast running out of options. With his… Please follow and like us:

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US sanctions 10 more Venezuelan government leaders

MIAMI — Denouncing last month’s regional Venezuelan elections as irregular, the Trump administration imposed new individual sanctions Thursday against 10 Venezuelans it accused of undermining democracy, censoring the news media and engaging in the corrupt administration of government-run food programs. The Treasury Department froze U.S. assets, banned U.S. travel and prohibited Americans from doing business with… Please follow and like us:

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Asian markets, won sink after N.Korea’s latest nuclear test

Asian stocks tumbled with the South Korean won Monday while the safe haven yen rallied on news that North Korea had tested what it claimed was a miniaturised hydrogen bomb, ramping up tensions on the peninsula. Less than a week after it rattled global markets by firing a rocket over Japan, Pyongyang on Sunday conducted its… Please follow and like us:

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Pence hints at economic sanctions against Venezuela: ‘Our resolve is unwavering’

MIAMI — Vice President Mike Pence hinted Wednesday at soon-to-come economic sanctions against the Venezuelan government, but he offered little in the way of specifics of what a more robust U.S. response might look like or when it might come, choosing instead to deliver a broader message of hope to increasingly despondent Venezuelans. Pence indicated the… Please follow and like us:

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Qatari riyal strengthens amid GCC crisis

The Qatari riyal has strengthened against the US dollar in the forward market after two days of sharp falls caused by the continued diplomatic rift between Qatar and neighbouring Arab powers. One-month riyal forwards showed the currency marked as firm as 3.751 per dollar, according to Reuters data, after hitting a low of 3.793 on Monday.… Please follow and like us:

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Pence Warns North Korea Not to Test US Resolve

Referencing recent U.S. airstrikes in Syria and Afghanistan, U.S. Vice President Mike Pence issued a strong warning to North Korea Monday that President Donald Trump will use military force if needed to deal with the Kim Jong Un government’s escalating nuclear threat. “Just in the last two weeks the world witnessed the strength and resolve of… Please follow and like us:

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