Bloomberg Toyota Motor Corp is halting operations in China until February 9, joining a growing list of global companies that have cut back on business activities in China as a new coronavirus infection spreads, with more than 130 people killed already. “Given the various factors including the guidelines by the local and region governments and parts supply situation, as of ...
Read More »Lighthizer to talk trade deal with India before Trump visit
Bloomberg US Trade Representative Robert Lighthizer will be in India in the second week of February to finalise a trade deal ahead of President Donald Trump’s expected visit, according to people with knowledge of the matter. India is keen to sign an agreement during Trump’s visit and trade minister Piyush Goyal has invited Lighthizer to discuss the details of a ...
Read More »Biggest wind farms to get EU support in push for green power
Bloomberg Developers for some of the world’s biggest wind farms are poised to get a boost from the European Union under a new strategy aimed at ensuring the industry makes a larger contribution to low-carbon power supplies. Energy Commissioner Kadri Simson said officials in Brussels are working on a package of measures that will help stimulate the offshore wind industry. ...
Read More »Pompeo heads to Ukraine as Bolton book rocks Senate trial
Bloomberg Secretary of State Michael Pompeo travels to Ukraine this week to persuade the country that US support remains undiminished in the wake of the impeachment saga. President Donald Trump’s continued hostility towards Kyiv — and Pompeo’s own recent comments — make that a harder sell. Pompeo will meet with President Volodymyr Zelenskiy and other senior officials during a one-day ...
Read More »39 killed in attack on Burkina Faso village
Bloomberg Burkina Faso said 39 people were killed in an attack by extremists on the northern village of Silgadji that appears to mark a shift from raids on mainly military targets to the execution of civilians. Security forces are helping residents to bury the victims after the “cowardly and barbaric†attack, in Soum province, the government said in a statement. ...
Read More »Trump’s Mideast plan offers rallying cry for Netanyahu
Bloomberg President Donald Trump made sure Israeli PM Benjamin Netanyahu was standing alongside him at the White House as he presented his long-delayed “deal of the century†for Middle East peace, a welcome distraction for two leaders fighting for their political futures. Yet the proposal — which makes far more demands of Palestinian than Israeli leaders — generated little enthusiasm, ...
Read More »Beijing accuses US of ‘ill intentions’ in S China Sea
Bloomberg China’s armed forces accused the US of “ill intentions†in the South China Sea after an American warship entered waters near the contested Spratly Islands last week. “The US ship’s deliberate provocation during the traditional lunar Chinese New Year festival, which harboured ill intentions, is a naked act of navigational hegemony,†Senior Colonel Li Huamin, spokesman for the People’s ...
Read More »US forces warn Korean staff of furlough
Bloomberg The US military has begun issuing furlough warnings to almost 9,000 civilian South Korean employees, as Washington and Seoul remain at loggerheads over President Donald Trump’s demand its ally pay more money for its hosting of American troops. The notices inform workers at American military facilities in South Korea that they potentially face administrative furloughs as of April 1, ...
Read More »Russian-origin Bitcoin suspect charged in Paris
Bloomberg Alexander Vinnik, a Russian citizen accused by the US of having supervised a digital-currency exchange that helped criminals launder billions of dollars, will probably remain in France to face cryptocurrency-related charges there, his lawyers said in Paris. Vinnik was interrogated by French investigators, the same day he was extradited from Greece, his defense team said at a news conference. ...
Read More »America’s debt spree isn’t stopping. It may be too late
What is missing in this campaign, as I have written before and no doubt will write again, is an informative and honest discussion of the role of government in American life. We don’t want to admit that government worth having is worth paying for, through taxes — with the well-known exceptions of recessions and wars, when deficits are often inevitable ...
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