China growth eases to ‘only’ 6.8 percent in the third quarter
TweetChina’s growth eased to 6.8 percent in the third quarter but remained higher than the government’s full-year target, providing a boon to President Xi Jinping amid a major Communist Party congress. The official figures, released on Thursday by the National Statistics Bureau, showed economic growth has held steady as the ...
House Speaker Paul Ryan says tax overhaul will include a bracket aimed at the wealthy
TweetWASHINGTON — House Speaker Paul D. Ryan said Friday that the Republican tax overhaul will include a fourth bracket for the wealthiest Americans at the insistence of President Donald Trump to ensure that high earners don’t benefit more than the middle class. The bracket would be “designed to make sure ...
Sec. of State Rex Tillerson: European business deals with Iran are safe
TweetThe United States does not intend to disrupt European business deals with Iran, Secretary of State Rex Tillerson told The Wall Street Journal in an interview published Friday. Tillerson, speaking one week after President Donald Trump refused to certify the Iran nuclear deal and left its fate to the US ...
EU antitrust regulators automaker #BMW in post-Dieselgate cartel case
TweetEU antitrust regulators have raided the offices of automaker BMW in Munich, the company said Friday, in a fresh blow to the beleaguered German car industry. The European Commission, which refused to name the company targeted, said it “can confirm that as of October 16, 2017 its officials carried out ...
Senate has passed a $4 trillion budget blueprint, a crucial step for Trump’s tax overhaul
TweetSenate Republicans powered their budget through Thursday night, adopting a fiscal year 2018 plan that would clear the path to get a massive tax deal done relying only on GOP votes, setting the stage for Republicans’ next big-ticket agenda item. The budget passed on a 51-49 vote. While the vote ...
Is This THE Case For 5,000oz Dollar Gold ?
Tweet“We believe that precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” said Goldman Sachs in a recent report on the dilemma of what investors should do about falling gold price . “They are neither a historic accident or a relic,” the report, titled ...
$UBS: London Has The World’s Highest “Real Estate Bubble Risk”
TweetIf someone offered you an investment that was sure to make a return of 10% per annum for the next seven years, where you only had to put 50% down, and the bank would happily lend you the rest for 3%, would you take it? Most investors would not pass ...
LOL Washington: Russia-sponsored troll networks still operating, targeting America
TweetWASHINGTON — The number of networks of Russian-sponsored trolls spreading propaganda to the United States and Europe may number in the hundreds, including the one team drawing wide attention for blitzing American social media outlets last year with divisive information in a bid to tip voter sympathies to Donald Trump, ...
Despicable Hamas leader to Trump: We want to wipe out the State of Israel, not recognize it
TweetA senior Hamas leader denounced demands by the Trump administration that the terror group be disarmed, and that its leadership must recognize the State of Israel following the reconciliation agreement between the Palestinian Authority and Hamas. Last week, Hamas and the Palestine Liberation Organization-led Palestinian Authority inked a “final” reconciliation ...
New U.S. Budget is a “Hoax” Says GOP Senate Bob Corker
TweetThe Senate narrowly passed the blueprint for how the U.S. government will spend $4 trillion in its 2018 budget late Thursday. But a senior Republican says the whole process is a “hoax” designed to push through plans for a GOP tax bill. “This is the biggest hoax cast upon the ...
Pakistan Builds 3,0000 miles Afghan Border Fence in Bid to Stem Terrorist Attacks
TweetPakistan’s military is installing a robust fence along its largely porous 2,600-kilometer border with Afghanistan and establishing new forts as well as outposts on mountain peaks. Officials hope the fortification plan of hundreds of millions of dollars will effectively prevent militant infiltration and stabilize both sides of what has been ...