Bloomberg The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to three people familiar with the deliberations. The effort, possibly done through an executive order, is aimed chiefly at states in the Northeast US, where opposition to pipeline projects has helped prevent abundant shale gas in ...
Read More »Shale drilling expands first time in 2019
Bloomberg Oil explorers expanded drilling in US fields for the first time this year as rising crude prices buoyed optimism. The number of rigs targeting oil in the country rose by 10 this week to 862, according to data released by oilfield-services provider Baker Hughes. The hike only partially reversed the worst setback for American exploration in almost three years. ...
Read More »Trump’s spat with Seoul raises fears of US pullback
Bloomberg Just as President Donald Trump looks to make peace with North Korea’s Kim Jong Un, his administration is putting fresh strain on the US’s seven-decade alliance with South Korea. At issue is the Trump administration’s insistence that South Korea accepts as much as a 50 percent increase in what it pays for US military protection, including subsidizing the nuclear-capable ...
Read More »Stone didn’t work for me near election, says Trump
Bloomberg President Donald Trump lashed out at media again on Twitter after a longtime ally’s indictment, saying that “Roger Stone didn’t even work for me anywhere near the Election!†Special Counsel Robert Mueller has charged longtime Trump adviser Stone with attempting to undermine government investigations by lying about his links between Trump’s campaign and WikiLeaks. Stone’s arrest could carry serious ...
Read More »Latam nations rally around Trump in break from past
Bloomberg Until recently, it would have been unthinkable for a majority of Latin American countries to rally around US President Donald Trump’s push for regime change in Caracas. In a quick succession of statements, eleven Latin countries followed Trump’s lead to recognize Juan Guaido, the leader of Venezuela’s national assembly, as the country’s interim president. That’s a far cry from ...
Read More »Maduro drops demand ‘US diplomats leave Venezuela’
Bloomberg Venezuela abandoned its decision to sever diplomatic ties with the US, stating that each country agreed to keep a so-called interest section open in their respective capitals. The announcement that the missions would remain open was a retreat after days of bellicose rhetoric prompted by the US decision to recognize National Assembly leader Juan Guaido as the nation’s rightful ...
Read More »Zimbabwe sheds fear amid desperation
Bloomberg In four decades of independence, Zimbabwe’s rulers have been able to deploy the security forces to crush protests even as the southern African nation sank deeper into economic crisis. Judging from the latest bout of unrest, that may no longer be true. Crowds showed little fear as they poured onto the streets of the capital, Harare, and other major ...
Read More »Ivory Coast’s president to likely seek third term
Bloomberg Ivory Coast President Alassane Ouattara declined to rule out running in next year’s presidential election amid speculation he will seek a third term, a move that the opposition says would be unconstitutional. “I want to organize the RHDP during the first quarter of this year so that we can pick our candidate next year,†Ouattara told ministers and supporters ...
Read More »EU tax bill faces no-deal Brexit conundrum
Bloomberg A no-deal Brexit could create yet another headache for the European Union as it prepares to hand dozens of UK-based companies a tax bill that is expected to top $1.5 billion. With just over two months left until Britain’s scheduled departure date of March 29, time is running out for the European Commission to order the UK to recoup ...
Read More »Uber open to outside investors for self-driving unit, says CEO
Bloomberg Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi said it was “possible†the ride-hailing giant would look for outside investors for its self-driving car unit, but isn’t currently searching for backers. The company’s pouring large, undisclosed sums of money into its Advanced Technologies Group, which includes the company’s self-driving car research as well as plans to build VTOL (vertical ...
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