Bloomberg The meeting that Donald Trump Jr. had in June 2016 with a woman billed as a Russian government lawyer included at least one other person with long-standing ties to Russia. Rinat Akhmetshin, who once served in a Soviet counterintelligence unit, told the Associated Press that he was also there, along with a translator. The revelation adds to the questions ...
Read More »Republicans to give documents on Obama ‘leaking’ allegations
Bloomberg House Republicans plan to give federal prosecutors what they say is evidence that Obama administration officials illegally shared or leaked names of associates of President Donald Trump that were incidentally collected in US government eavesdropping. The Intelligence Committee obtaine information from documents and other sources that it plans to turn over to the Justice Department, likely by August, to ...
Read More »Trump takes travel ban dispute to US Supreme Court again
Bloomberg President Donald Trump’s administration took the dispute over his temporary travel ban to the Supreme Court again, asking the justices to let the government bar entry into the US by people with grandparents and cousins in the country. The administration filed papers late Friday asking the court to clarify a June 26 ruling that said the government had to ...
Read More »UK should keep ‘option open’ of staying in EU
Bloomberg Former Prime Minister Tony Blair said Britain should keep open the option of staying in the European Union so Brexit can be called off if the mood of voters changes during the two-year negotiation period. The damage to the economy and livelihoods caused by a break from the 28-nation bloc is becoming clearer as divorce proceedings continue, and a ...
Read More »China releases legal scholar Xu Zhiyong after 4 years in Jail
Bloomberg China freed the most prominent dissident jailed under President Xi Jinping, drawing further attention to the country’s human-rights record amid an international outcry over the death of Nobel laureate Liu Xiaobo. Xu Zhiyong, 44, founder of the New Citizens’ Movement, was released on Saturday after completing a four-year prison sentence for gathering a crowd to disturb the public order, ...
Read More »First signs of oil rebalance seen showing in New York
Bloomberg New York gasoline traders have figured out something the rest of the oil world is dying to know how to do: balance the market. Mid-Atlantic gasoline supplies are now more than 5 million barrels lower than year-ago levels, an impressive decline considering stockpiles in the region swelled to 42.3 million in February — the highest level in government records ...
Read More »Kuwait sees oil inventories falling as OPEC keeps cutting
Bloomberg Crude oil inventories will decline at a faster pace worldwide in the second half of the year as demand increases and OPEC members comply better with a global agreement to cut output, Kuwait’s OPEC Governor Haitham al-Ghais said. The Organization of Petroleum Exporting Countries and other major producers including Russia agreed in May to extend their supply-cuts deal through ...
Read More »Renewables not a threat to US grid: Study
Bloomberg Wind and solar power don’t pose a significant threat to the reliability of the US power grid, Energy Department staff members said in a draft report, contradicting statements by their leader Rick Perry. “The power system is more reliable today due to better planning, market discipline, and better operating rules and standards,†according to a July draft of the ...
Read More »Chinese wind power giant wants to be app store of energy world
Bloomberg Envision Energy, one of world’s largest wind turbine manufacturers, has bigger ambitions. Chief Executive Officer Lei Zhang laid out a vision for a global “ecosystem†of energy in which solar and wind farms, power plants, utilities, big electricity customers and all of the application and software developers that support them are connected to each other on a single, digital ...
Read More »US seeks One57 condo cash in Nigerian oil corruption case
Bloomberg The US is seeking to recover $144 million in assets, including proceeds from a luxury condominium on Manhattan’s Billionaires’ Row in New York, which prosecutors claim were spoils from bribes paid for Nigerian oil contracts. The Justice Department, in a lawsuit filed in Houston, said two Nigerian businessmen made corrupt payments to a Nigerian official who oversaw the country’s ...
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