Markets

China: Smaller trade surplus, OK. But tech concessions? No.

China: Smaller trade surplus, OK. But tech concessions? No. Our correspondent says acrimonious debate is likely to continue next weekend when the leaders of the G7 countries - including Mr Trump - meet for a summit in Quebec. Ross, who was preceded in Beijing last week by more than 50 US officials, had been expected during the two-day visit to try to secure long-term purchases of USA farm and energy commodities to help shrink the USA trade deficit. [Full Article...]

President Trump Rips ABC in Tweet About Roseanne Barr Fiasco

President Trump Rips ABC in Tweet About Roseanne Barr Fiasco Barr , whose eponymous ABC sitcom was canceled in the wake of the controversial post, claimed she was " Ambien tweeting " when she wrote the racially charged tweet , which she ultimately called "indefensible". John Goodman and Roseanne Barr attend the premiere of ABC's " Roseanne " at Walt Disney Studio Lot on March 23, 2018 in Burbank, California. Trump even called Barr personal... [Full Article...]

Vermont will pay remote workers $10,000 to move there

Vermont will pay remote workers $10,000 to move there At that point, the worker is eligible for a grant of up to $5,000 to help cover relocation costs and other qualified expenses, such as broadband access and computer hardware. Taxes are also less in Vermont than in some other states such as NY. Current residents of the Green Mountain State are not eligible. The program will begin on January 1, 2019 and is available to people out of state who ar... [Full Article...]

Canada and Mexico hit back at Washington's steel, aluminum tariffs

Canada and Mexico hit back at Washington's steel, aluminum tariffs The Trump administration has demanded that Beijing make concessions and threatened to punish it for allegedly stealing US technology by imposing tariffs on $50 billion of imports from China. In a statement, European Commission President Jean-Claude Juncker said "this is protectionism, pure and simple". "We were not at the negotiating table". [Full Article...]

EA Sports predicts France will win the 2018 World Cup in Russian Federation

EA Sports predicts France will win the 2018 World Cup in Russian Federation From 14June 14 to July 15, all 64 matches of the tournament will be broadcast live across Sport 24 and its additional channel, Sport 24 Extra. On the other hand, if Messi finds his top form this summer, Argentina is automatically one of the strongest contenders to win the FIFA World Cup Trophy. [Full Article...]

Where to get free donuts on National Donut Day 2018

Where to get free donuts on National Donut Day 2018 No purchase is necessary, and the limit is one per customer. Dunkin' Donuts will continue the celebration throughout June with "Free Donut Fridays" at participating locations in Birmingham, Huntsville, Decatur, Dothan and Mobile. Edible Arrangements: Edible Arrangements locations in Rochester are offering free samples of their new " Edible Donut " made with Granny Smith apples. [Full Article...]

Consumer Reports recommends Tesla's Model 3 after brake fix

Consumer Reports recommends Tesla's Model 3 after brake fix Consumer Reports has finally given Tesla's Model 3 a passing grade following the rollout of a software update that improved the car's stopping distance during emergency brake testing. Last May, Musk said that his plans to set up a facility in India had been derailed by the country's "Make in India" push, which requires foreign companies to source at least 30% of their products locally, reported... [Full Article...]

Another Autopiloted Tesla crashed into another stationary emergency vehicle

Another Autopiloted Tesla crashed into another stationary emergency vehicle Uber put a temporary halt to its self-driving auto program in the United States after a March accident in Arizona that resulted in the death of woman pushing a bicycle in a street. The victim, a father of two and an engineer at Apple, was driving in Autopilot at the time, authorities said . Tesla has warned that its Autopilot system doesn't prevent all accidents. [Full Article...]

Opposition spokesman urges focus on new rules that take effect today

Opposition spokesman urges focus on new rules that take effect today They can request to access their personal information stored, and if they so desire they can also choose to suspend or freeze processing of their aforementioned personal information. Not much will change for you , at least right away; companies will keep on collecting and analyzing personal data from your phone, the apps you use and the sites you visit. [Full Article...]

Trump charges Naval Academy graduates with mission of victory

Trump charges Naval Academy graduates with mission of victory We are not going to apologize for America. "Technically, Mr. Trump did not repeal the defense sequester, which refers to limits placed on military spending enacted in 2011", the Times pointed out. "If a fight must come, there is no other alternative", he said. On Friday, after the president's comment that the summit might still take place as scheduled, the White House said there are no plans rig... [Full Article...]

United States surgeon general aids fellow passenger during in-flight medical emergency

United States surgeon general aids fellow passenger during in-flight medical emergency It was not immediately clear what situation Adams was referring to and what happened on the flight. He says the patient is doing well. "Again, I was just very honored to be able to be part of a team that included two nurses to help respond and potentially save this person's life". [Full Article...]

Amid Trump threats, Tehran says nuclear deal is all-or-nothing

Amid Trump threats, Tehran says nuclear deal is all-or-nothing The Joint Commission meeting on May 25 will see the deputy foreign ministers of Iran, Russia, China, Germany, Britain and France "address the Iran's concerns regarding USA withdrawal from the JCPOA and necessary guarantees for salvaging the deal", the diplomat said , speaking on condition of anonymity. [Full Article...]

Reportedly Has Suspect In Biggest CIA Leak Ever, But No Charges

Reportedly Has Suspect In Biggest CIA Leak Ever, But No Charges Although the feds did not bring a case against the former staffer for the leaks , they did charge him with possession of child pornography dating back to 2009. Roger said his son was in college when he set up the server later claimed to contain child pornography, and that he "had so many people accessing it he didn't care what people put on it". [Full Article...]

Tesla's Autopilot Engaged During Crash

Tesla's Autopilot Engaged During Crash The driver, whom police have not named, was taken to a hospital with a broken foot. The driver of the fire truck was evaluated for whiplash but was not hospitalized. The 18 year-old driver slammed into a concrete wall, and the vehicle burst into flames, trapping the occupants inside. The company, which is based in Palo Alto, California, and has a huge battery factory in the Reno, Nevada, area, t... [Full Article...]

Property Prices Rise in Northeast China Ahead of Trump-Kim Summit

Property Prices Rise in Northeast China Ahead of Trump-Kim Summit Xi's offer "may have led to Kim's judgement on denuclearization" when he met with U.S. Secretary of State Mike Pompeo in Pyongyang after his China trip, according to the Yomiuri. Pompeo added that the USA "will have to provide security assurances" to Kim as well. A second Cheong Wa Dae official said the call between Moon and Kim may still take place this week, before the South Korean leader vi... [Full Article...]

Gap apologises for 'incorrect' Chinese map on T-shirts

Gap apologises for 'incorrect' Chinese map on T-shirts Gap, in a statement posted on Weibo , China's equivalent of Twitter, admitted that a Gap brand T-shirt sold in some overseas markets "mistakenly failed to reflect the correct map of China". "This is Orwellian nonsense and part of a growing trend by the Chinese Communist Party to impose its political views on American citizens and private companies", it said in a statement. [Full Article...]

American clothing brand Gap 'terribly sorry' over China map shirt omitting Taiwan

American clothing brand Gap 'terribly sorry' over China map shirt omitting Taiwan In January, China forced US-based hotel chain Marriott International to shut down and "conduct a full content inspection" of its Chinese website and mobile app after a questionnaire that listed Taiwan and Tibet as individual countries led to complaints. [Full Article...]

China's ZTE paid over $2.3bln to US exporters last year

China's ZTE paid over $2.3bln to US exporters last year President Donald Trump on Sunday expressed confidence that the US and China would be able to get over their differences on trade, saying that both governments are "working well together" on the issue. It's not exactly clear how Trump plans to help ZTE or what he's instructed the Commerce Department to do. The Commerce Department did not immediately respond to a request for comment on Sunday. [Full Article...]

China Reassures Tehran On Honoring Nuclear Deal, Buying Iranian Oil

China Reassures Tehran On Honoring Nuclear Deal, Buying Iranian Oil Oil prices surged while Asian stock markets traded mixed after President Donald Trump announced the United States will withdraw from a 2015 nuclear accord with Iran and re-impose sanctions. At least some of that oil will now be pulled from the market at a time when oil prices are already rising because of production cuts by the Organization of the Petroleum Exporting Countries ( OPEC ) a... [Full Article...]

Inflation Report: Growth and Inflation Forecast Downgraded

Inflation Report: Growth and Inflation Forecast Downgraded Despite the large downgrade to Q2 growth forecasts, the Bank did not change it's Q2 2019 and 2020 forecasts, however, which remained at 1.7% (see table below). Though the Bank's Monetary Policy Committee (MPC) said that the lower-than-expected economic growth in the first quarter was likely to be a temporary blip, the majority of its nine members preferred to wait and see how future growth would... [Full Article...]


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