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By

//David Lee
off

Saudi Arabia hits back at Trump ‘threats’ of sanctions over missing journalist

Abbas also expressed his absolute confidence in the Kingdom, under the leadership of King Salman and Crown Prince Mohammed bin Salman, stressing that Palestine was and will remain with Saudi Arabia, in a statement issued by the Palestinian News Agency.
Posted On Oct 14 2018
, By David Lee
off

Elon Musk Denies Report James Murdoch Poised to Be Tesla Chairman

Mr. Musk did not elaborate on the same.
Posted On Oct 14 2018
, By David Lee
off

Elon Musk Denies Report James Murdoch Poised to Be Tesla Chairman

Mr. Musk did not elaborate on the same.
Posted On Oct 14 2018
, By David Lee
off

Trump calls stock sell-off a correction, says Fed ‘crazy’

Trump said Thursday he wouldn’t fire Fed Chairman Jerome Powell, although he added he knew more about interest rate policy than the Fed does. It is often tied to higher costs of borrowing for the federal government, which can spook investors.
Posted On Oct 13 2018
, By David Lee
off

OPEC: Factors beyond producers’ control are impacting oil market

Both benchmarks were headed for their first weekly drop in five weeks, pressured by a big rise in US inventories and fading concerns about shrinking global supplies due to looming USA sanctions on Iran’s oil exports.
Posted On Oct 13 2018
, By David Lee
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OPEC puts Iran’s September oil output at 3.447m bpd

An industry source who also tracks exports said October shipments were so far below 1 million bpd.
Posted On Oct 13 2018
, By David Lee
off

Federal Reserve ‘out of control’, says Donald Trump

“It’s a correction that I think is caused by the Federal Reserve with interest rates”, Trump said when asked by reporters in the Oval Office about the stock market swoon. Despite that, we’re doing very well but it’s not necessary, in my opinion....
Posted On Oct 12 2018
, By David Lee
off

IMF Raises GDP Growth Forecast for Hungary

IMF upgrades outlook on Russia as economy recovers The Russian economy will grow faster than previously expected as the macroeconomic outlook improves, the International Monetary Fund (IMF) forecasts.
Posted On Oct 12 2018
, By David Lee
off

Jamal Khashoggi: Trump condemns Saudi writer’s disappearance

Britain’s foreign secretary today warned that Saudi Arabia faces “serious consequences” if the suspicions of Turkish officials that journalist Jamal Khashoggi was murdered after entering the Saudi consulate in Istanbul turn out to be true.
Posted On Oct 11 2018
, By David Lee
off

International Monetary Fund downgrades outlook for world economy to 3.7% growth

It had previously predicted jobless rates of 5.5% and 5.2% respectively.
Posted On Oct 11 2018
, By David Lee
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Bipartisan group of senators calls for investigation into Jamal Khashoggi’s disappearance

Turkish Foreign Ministry spokesman Hami Aksoy said Tuesday that Saudi authorities have notified Ankara that they were “open to cooperation” and would allow the consulate building to be searched.
Posted On Oct 10 2018
, By David Lee
off

International Monetary Fund lowers South Africa’s economic growth forecasts, urges reforms

The latest growth projection was released along with new estimates for global growth or the world output which the International Monetary Fund is now projecting to grow more slowly at 3.7 percent this year and in 2019 because of trade tensions, particularly between the USA and China.
Posted On Oct 10 2018
, By David Lee
off

International Monetary Fund says not approached by Pakistan for financial assistance

IMF DOWNGRADE: The International Monetary Fund revised its outlook for the world economy, citing rising interest rates and growing tensions over trade.
Posted On Oct 09 2018
, By David Lee
off

RBI keeps repo rate, reverse repo rate unchanged

In a volatile trade at the inter-bank forex market on Wednesday, the rupee opened below the 73-mark at 73.26 against the dollar as it moved in sync with oil prices which at one time breached the $85-per-dollar mark and settled a tad lower at $84.86 per barrel. “Since the...
Posted On Oct 07 2018
, By David Lee
off

Johnson assaults May’s Brexit plan at fractious party meeting

Former British foreign minister Boris Johnson set out his stall to the Conservative Party faithful on Tuesday (2 October), stopping just short of an outright leadership bid to replace Prime Minister Theresa May but tearing into her Brexit blueprin, write Elizabeth Piper, Kylie...
Posted On Oct 06 2018
, By David Lee
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