Opinion

Investigate Trump’s Russia ties

  To recap a few anarchic days in Donald Trump’s Washington: At least six agencies are investigating Trump’s ties to Russia. The president is deriding the spies. The spies are keeping secrets from the president. The White House is mulling a purge. Everyone is leaking to the news media. And no one has any answers. If there’s one certainty in ...

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Trump’s unpredictability clouds Pence NATO assurances

  US Vice President Mike Pence assured European allies that Washington strongly supports NATO. Pence said the US would be unwavering in its commitment to trans-Atlantic institution. President Donald Trump rattled European allies by branding NATO ‘obsolete’ in one of his interviews before the inauguration. European countries along Russian border grew uncomfortable after Trump suggested that sanctions imposed after Russia’s ...

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India needs a nudge, not a shove

  It’s been more than three months since Indian Prime Minister Narendra Modi went on television to tell his people that 86 percent of their currency would be worthless in a few hours. Since then, his government has scrambled to find justification for such an unprecedented and draconian decision — one justification after another, as it happens. First, the goal ...

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Mondelez, Kellogg, et al – let the food deal frenzy begin

  Packaged-food investors, you’re out of luck … for now. Speculation about 3G Capital’s next target has been bubbling since the private equity firm orchestrated the merger of Kraft Foods Group Inc. and H.J. Heinz in 2015. We finally know what it’s chosen: Unilever on Friday confirmed Kraft Heinz Co. had offered $143 billion to acquire the European consumer goods ...

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Facebook plans to rewire your life. Be afraid

  Facebook founder Mark Zuckerberg’s manifesto, penned clearly in response to accusations leveled at the social network in the wake of the bitter US election campaign, is a scary, dystopian document. It shows that Facebook — launched, in Zuckerberg’s own words five years ago, to “extend people’s capacity to build and maintain relationships” — is turning into something of an ...

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Michael Flynn’s star burns out

  A strange and circuitous path led Lt. Gen. Michael Flynn towards his fateful telephone contact in late December with Russian Ambassador Sergey Kislyak, and the flameout of what had been a distinguished military career. Military and intelligence colleagues who served with Flynn describe him as a brilliant tactician whose work in the shadowy Joint Special Operations Command a decade ...

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Retail has good reason to hate a border adjustment tax

  Chief executives from retailers including JC Penney Co., Target Corp. and Best Buy Co. went to Washington on Wednesday to implore President Trump not to follow through with pledges to tax stuff sold in the US but made abroad. Lobbying from companies against the so-called border adjustment tax (BAT) might not be enough to sway Trump, who based much ...

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Trump, Flynn and the politics of credibility

If the scandal surrounding Donald Trump’s national security adviser, Michael Flynn, were merely about whether he broke the law, it would be over. The controversy persists because it calls into question Flynn’s judgment and credibility — and by extension, that of Trump’s administration. Last December, on the day the U.S. enacted sanctions against Russia for interfering in the U.S. presidential ...

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Lee’s arrest may turn up heat on Park

  And lastly it came. Samsung’s Group de facto leader Jay Y Lee was formally arrested over his alleged involvement in massive corruption scandal. It is believed that Lee, scion of the South Korea’s richest family and vice chairman of Samsung’s Electronics, gave bribes worth $36 million to President Park Geun-hye and her close friend, Choi Soon-sil, to help win ...

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Summer is looking bright for oil prices

  Seasonal demand dynamics are looking up for oil prices. But there are downside risks to U.S. natural gas: Higher oil prices are an incentive for more shale oil drilling, which increases the level of associated natural gas production when there is weakening seasonal natural gas demand. Technicals for natural gas prices have also weakened, and shale oil drilling is ...

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