Hong Kong (CNN)Hong Kong’s protest movement grabbed the world’s attention with million-strong rallies and city-stopping unrest. But it won big on the weekend by staying silent. The landslide victory for pro-democracy candidates in Sunday’s district council elections is a stinging rebuke to the city’s government — and an example of what protesters can achieve given …
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Betting against bonds has not, to say the least, worked well for the last 40 years or so. The yield on the 10-year Treasury TMUBMUSD10Y, +0.92% was close to 16% in 1981. This year it’s fallen below 1.5%. Yields move in the opposite direction to prices. So the new Goldman Sachs call for a “baby …
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(Bloomberg) — Defense Secretary Mark Esper asked and received the resignation of Navy Secretary Richard Spencer on Sunday over his handling of the case of a Navy SEAL accused of war crimes in Iraq that angered President Donald Trump. “I was not pleased with the way that Navy Seal Eddie Gallagher’s trial was handled …
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SINGAPORE (Reuters) – Oil prices rose on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their bitter trade war. West Texas Intermediate (WTI) crude CLc1 rose 26 cents, or 0.45% to $58.03 a barrel …
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BEIJING (Reuters) – China and the United States are ‘very close’ to a phase one trade deal, the Global Times, a tabloid run by the ruling Communist Party’s official People’s Daily, said on Monday, discounting “negative” media reports. China also remains committed to continuing talks for a phase two or even a phase three deal …
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The news comes amid recent reports about the Russian military boosting its high-tech research, and plans to create multifunctional robotic machines for elaborate combat tasks by 2025. Russia’s defence industry is developing new strategies for robots in possible urban combat, as well as in coastal warfare, a source in the sector stated on Sunday. According …
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‘Window is Closing’ MOSCOW (Sputnik) – The US Congress plans to block the further construction of the Russia-sponsored Nord Stream 2 natural gas pipeline by passing a defence bill that would extend sanctions on the project’s European partners, the US Defenсe News media outlet reported, citing US Senator Jim Risch. Risch, who is the chairman …
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DUBAI (Reuters) – Saudi Aramco’s top executives have met officials of Kuwait’s sovereign wealth fund to convince them to invest in the oil giant’s initial public offering (IPO), which could raise as much as $25.6 billion, a source familiar with the matter said. The meeting, which was led by Aramco’s Chief Executive Amin Nasser, took …
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Hong Kong could blow up China/US trade deal BEIJING, Nov 23 (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government’s top diplomat said on Saturday in a stinging attack at a G20 meeting in Japan. Relations between the …
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The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday another four liquefied natural gas (LNG) projects, which will add to the growing American LNG exports in coming years. FERC approved, with conditions, three projects planned to be located along the Brownsville Ship Channel in Brownsville, Texas—Texas LNG Brownsville, Rio Grande LNG Terminal, and Annova …