Following the report that Trump and Powell discussed negative rates, among other things, the dollar has slumped to session lows, with the Bloomberg dollar index dipping below 1,200. And in an amusing twist, CNBC’s Eamon Javers notes that this morning’s Fed meeting took place in the White House residence – the president’s personal quarters- …
WASHINGTON (AP) — A lack of notice. Past failures to level with the American people. A tough week for the White House as public impeachment hearings got under way. Add it all up, and President Donald Trump’s unscheduled weekend visit to Walter Reed National Military Medical Center raised suspicions about his health, despite White House …
Continue reading “Trump’s weekend hospital visit draws a skeptical reaction”
Boris Johnson has called a general election for December 12 after Parliament backed it, meaning that the country now faces its fourth national vote in five years. Opinion polls so far show the Conservative Party in the lead, but with four weeks to go until election day there is still ample time for public opinion to …
AMSTERDAM/London (Reuters) – Tata Steel (TISC.NS) plans to cut around 3,000 jobs across its European operations as it wrestles with excess supply, a source close to the discussions told Reuters on Monday. European chief executive Henrik Adam said Tata was planning to announce job cuts across the European business, which employs around 20,000 people, but …
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133 units, switching off: Low demand behind half of thermal power plants shutting down Of the country’s total installed generation capacity of 3,63,370 MW, the peak demand met was a little less than half at just around 1,88,072 MW on November 7, according to official data available with grid managers and analysed by The Indian …
Continue reading “India Shutters Power Plants Citing Lack Of Demand”
SINGAPORE/LONDON (Reuters) – Oil prices edged lower on Monday, giving up some of last week’s gains, amid uncertainty over a trade deal between the United States and China. Concerns about plentiful crude supplies in 2020 also weighed on the market, which expects OPEC to extend production cuts in early December to help avoid a new …
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* Senior official says not interested in meaningless talks * Another envoy travelling to Russia is at forefront of U.S. talks * Kim Jong Un’s year-end deadline important to N.Korea-analyst (Recasts, changes dateline, adds analyst comment) SEOUL, Nov 18 (Reuters) – North Korea said on Monday it was not interested in meaningless talks with the …
Continue reading “N.Korea says no more talks with U.S. just so Trump can brag”
Russia expects to increase its crude oil exports by around 400,000 bpd-500,000 bpd to more than 5.6 million bpd within five years, Energy Minister Alexander Novak said in an article in Russian-language magazine Energy Policy. Russia will not only keep its position on the global energy markets, but it expects to be able to boost …
Britain’s Prime Minister Boris Johnson speaks at the annual CBI Conference in London, Britain November 18, 2019. REUTERS/Simon Dawson LONDON (Reuters) – British Prime Minister Boris Johnson said on Monday he was putting on hold further cuts in corporation tax and told voters he would pump the money into services such as health instead, addressing …
Continue reading “UK’s Johnson drops corporate tax cuts to fund spending as election nears”
The British pound rose against all major currencies on Monday the Conservative party asserted an increasingly strong position in the upcoming general election. The latest election polls suggested that Tories would get 43% of the vote, marking a three percentage point rise compared with the previous reading. Also, Prime Minister Boris Johnson is set to …