"Damaged Legitimate Interests": China Blasts US Tariffs On Solar Panels

A spokesperson from China's Ministry of Commerce said on Tuesday that the tariffs are suspected of violating WTO rules and therefore undermining the WTO's authority. A spokesperson for China's Ministry of Commerce said in a statement that Trump's sub... More..

by | Published more than a month ago
Former goalkeeper survives fall from collapsed Genoa bridge
by | Friday, August 17, 2018

Former goalkeeper survives fall from collapsed Genoa bridge

The Italian city's prefect office announced the updated figure on Wednesday even as rescuers searched through tons of slabs of broken roadbed, smashed concrete chunks and twisted steel for any more survivor...More..

Ford Government Outlines Plans for Sale of Legal Cannabis in Ontario
by | Friday, August 17, 2018

Ford Government Outlines Plans for Sale of Legal Cannabis in Ontario

Ontario will be the second largest private market for legal marijuana sales, behind California, he said. "We will be ready to put in place a safe, legal system for cannabis retail that will protect consumers"...More..

As Tesla looks to go private, Chinese rival plans U.S. IPO
by | Friday, August 17, 2018

As Tesla looks to go private, Chinese rival plans U.S. IPO

The Shanghai-based carmaker, which counts Asian tech behemoth Tencent Holdings Ltd.as its main backer with a 15.2 percent stake, did not provide a breakdown for how the funds would be used. Other Chinese auto a...More..

Mnuchin Says Turkey Faces More Sanctions If Pastor Not Released
by | Friday, August 17, 2018

Mnuchin Says Turkey Faces More Sanctions If Pastor Not Released

Trump said the United States had helped Turkey in a related incident, but that the North Atlantic Treaty Organisation ally had not repaid the favor. Finance minister Berat Albayrak told more than 3,000 worldw...More..

Turkey's Problems with the USA will be Resolved
by | Friday, August 17, 2018

Turkey's Problems with the USA will be Resolved

WASHINGTON ( Reuters ) - The United States is warning more economic pressures may be in store for Turkey if it refuses to release a jailed American pastor, a White House official said on Tuesday, in a dispute...More..

Turkey to boycott US electronic goods
by | Friday, August 17, 2018

Turkey to boycott US electronic goods

In retaliation, Turkey is now hiking tariffs on American cars to 120 percent and increasing duties on alcohol to 140 percent. This move comes amid USA sanctions and tariffs on Turkey, which have led to the ...More..

Turkey tries to contain crisis but currency keeps falling
by | Friday, August 17, 2018

Turkey tries to contain crisis but currency keeps falling

Traders fretted that Turkey's woes could spark contagion into other emerging currencies and also that banks in advanced nations could suffer due to exposure to the Turkish economy. After days of heavy losse...More..

by | Thursday, August 16, 2018

Turkey court rejects new appeal to free detained United States pastor

The lira is still down 20 per cent in August and many investors will wait for steep interest-rate hikes from the central bank before they return, especially with inflation at a 15-year high of nearly 16 per ...More..

Canopy Growth marijuana stock surges after new Constellation stake
by | Thursday, August 16, 2018

Canopy Growth marijuana stock surges after new Constellation stake

Global consumer spending on cannabis will hit US$32 billion by 2022, triple current levels, according to a report this week by USA research firms Arcview Market Research and BDS Analytics. Canopy, based in Smit...More..

Turkey Doubles Tariffs on US Imports as Lira Rebounds
by | Thursday, August 16, 2018

Turkey Doubles Tariffs on US Imports as Lira Rebounds

Turkey's national currency, the lira, has tumbled by almost 40% against the U.S. dollar so far this year. Since then, Turkey has been plunged into an economic crisis - with the lira plummeting against the US...More..

by | Wednesday, August 15, 2018

Turkey retaliates against Trump tariffs, hiking fees on U.S

Turkey's Vice President Fuat Oktay has said Turkey has increased customs duties on some U.S. products including alcohol, cigarettes and cars in retaliation to Washington's tariffs on Turkish aluminium and iro...More..

Inflation rate drops to 11.14% in July-NBS
by | Wednesday, August 15, 2018

Inflation rate drops to 11.14% in July-NBS

The consumer prices index (CPI) rose at an annual rate of 2.5% last month after holding at 2.4% in the previous three months , following a steep rise in annual energy price growth from 8.7% in June to 9.3%. ...More..

Bayer shares plunge on Monsanto cancer payout
by | Wednesday, August 15, 2018

Bayer shares plunge on Monsanto cancer payout

Johnson, 46, alleges that heavy contact with the herbicide caused his non-Hodgkin's lymphoma. "The cause is way bigger than me". Paul Francois, author of A farmer against Monsanto , speaking during a press...More..

Asian shares mostly lower despite easing of fears over Turkey
by | Wednesday, August 15, 2018

Asian shares mostly lower despite easing of fears over Turkey

Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures for the eurozone were revised up. The lira weakened briefly after President Recep...More..

Erdogan says Turkey to 'boycott' U.S. electronic goods
by | Wednesday, August 15, 2018

Erdogan says Turkey to 'boycott' U.S. electronic goods

Administration sources says further sanctions against Turkey are under active consideration. Signs of the world's second-largest economy losing momentum and the ongoing Sino-U.S. In our own country we have Ve...More..

After her win in Vermont, Christine Hallquist could be first transgender governor
by | Wednesday, August 15, 2018

After her win in Vermont, Christine Hallquist could be first transgender governor

Merrill said she is continuing to expect 20 percent to 25 percent of the eligible Democratic and Republican voters will be casting ballots in the primary contests for statewide offices, Congress and the General...More..

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018
by | Wednesday, August 15, 2018

Rupee recovers 35 paise after breaching 70/$-mark; falls 10% in 2018

Previously, the rupee had dropped 2.4 per cent or 148 paise in a single day in August 2013. "A slowing Chinese economy, tightening monetary policy and an escalating trade war are some of the main reasons for ...More..

Oil prices edge up on Iran sanctions, but trade tensions drag
by | Wednesday, August 15, 2018

Oil prices edge up on Iran sanctions, but trade tensions drag

West Texas Intermediate was down 0.6% to $67.34 per barrel at 3:15 p.m. ET. Oil prices slid Monday after inventories at a key United States crude delivery hub jumped last week, adding to demand concerns. Yet...More..

USA official warns of more actions against Turkey if pastor not freed
by | Wednesday, August 15, 2018

USA official warns of more actions against Turkey if pastor not freed

Turkey and the USA are now experiencing rocky relations following Washington's imposition of sanctions on Interior Minister Suleyman Soylu and Justice Minister Abdulhamit Gul for not releasing American Pa...More..

Turkish President Erdogan Calls for Boycott of American Electronics
by | Wednesday, August 15, 2018

Turkish President Erdogan Calls for Boycott of American Electronics

Reuters quoted bankers as saying it could be a first step toward tightening monetary policy by using an interest rate corridor. Erdogan has also prioritised growth and controlling the economy over addressing ...More..

A sixth firefighter killed battling California wildfires
by | Wednesday, August 15, 2018

A sixth firefighter killed battling California wildfires

Five civilians were killed in the Carr Fire as well, including a worker for Pacific Gas & Electric. "The significant challenge for the Ranch Fire is the terrain it's starting to burn into". I would descri...More..

Tesla forms three-member panel to decide on any Musk deal
by | Wednesday, August 15, 2018

Tesla forms three-member panel to decide on any Musk deal

Musk said that the Saudi Arabian sovereign wealth fund "has approached me multiple times " starting in early 2017 about taking Tesla private and had already taken a stake of almost five percent though shar...More..

Asian, European stocks tumble as Turkish lira sinks further
by | Tuesday, August 14, 2018

Asian, European stocks tumble as Turkish lira sinks further

The lira has lost 40 percent against the dollar this year, largely over worries about Turkish President Recep Tayyip Erdogan's influence over the economy, his repeated calls for lower interest rates, and ...More..

Black box found on crashed Seattle plane
by | Tuesday, August 14, 2018

Black box found on crashed Seattle plane

Russell's family have since said they are "stunned and heartbroken" that their husband and son took his own life in such wild circumstances, with both family, friends, and co-workers remembering him as a kin...More..

Zarif: Trump's jubilation over Turkish economic hardship 'shameful'
by | Tuesday, August 14, 2018

Zarif: Trump's jubilation over Turkish economic hardship 'shameful'

In a separate opinion piece in the pro-government newspaper Daily Sabah , Erdogan's spokesman Ibrahim Kalin said Turkey's efforts to solve the crisis with diplomatic methods had been dismissed by the Trump adm...More..

Trump trade rows are 'destroying' growth, says German minister
by | Tuesday, August 14, 2018

Trump trade rows are 'destroying' growth, says German minister

In an interview with German weekly Bild am Sonntag, Peter Altmaier warned of the damaging consequences of a full-blown US-China trade war, and expressed concern about Trump's decision to slap hefty metals...More..

Turkey's central bank launches economic-stability plan
by | Tuesday, August 14, 2018

Turkey's central bank launches economic-stability plan

The Turkish lira has nosedived over the past week and tumbled another 7pc on Monday as the central bank's measures failed to restore investor confidence. A so-called credit crunch, a lack of daily liquidity...More..

Google search volume can predict price movement of cryptocurrency, suggests study
by | Tuesday, August 14, 2018

Google search volume can predict price movement of cryptocurrency, suggests study

The paper cited CoinDesk's bitcoin , ethereum and XRP price trackers (referring to XRP as " ripple ") as the source of its market data. The study, which is based on a financial model called capital a...More..

USA urges United Kingdom to end support for Iran nuclear deal
by | Monday, August 13, 2018

USA urges United Kingdom to end support for Iran nuclear deal

The unprecedented warning, which was delivered in an article published by Britain's Sunday Telegraph newspaper, is being seen in London as the opening shot in what could be the biggest test of the so-call...More..