Wednesday January 22-nd, 2020

Mnuchin: Trade deals boosting USA growth, Boeing 737 MAX a drag Mnuchin: Trade deals boosting USA growth, Boeing 737 MAX a drag

He hinted retaliatory tariffs could be imposed on the UK's vehicle industry if the tax goes ahead. Several European nations are considering taxes on search engines, social media platforms and online marketplaces to compensate for lost revenues, dra...

Hawai'i Health Officials Offer Guidance on Novel Coronavirus Outbreak in China Hawai'i Health Officials Offer Guidance on Novel Coronavirus Outbreak in China

But the country's National Health Commission vice-minister Li Bin said there was evidence that the disease was "mainly transmitted through the respiratory tract". A diagnostic test to detect the virus can cut back on diagnosis time but must take plac...

How The House Made An Impeachment Procedures Debate Also About The Substance How The House Made An Impeachment Procedures Debate Also About The Substance

But on Tuesday, McConnell amended the resolution to allow each side 24 hours for presentation over three session days. The California Democrat claimed repeatedly prior to the finalization of special counsel Robert Mueller's report on Russian in...

House prices continue upwards trend says property website Rightmove House prices continue upwards trend says property website Rightmove

Following the election there was a 15 per cent increase in buyer inquiries compared to a year earlier, Rightmove said. Today's record rise has helped to push the annual rate of increase to 2.7 per cent, which is the highest level since July 2017....

Senate amends impeachment trial rules, defers on witnesses Senate amends impeachment trial rules, defers on witnesses

Susan Collins of ME played a role in attempting to ensure that the rules governing the proceeding mirror as much as possible the Senate's last impeachment trial , that of President Bill Clinton in 1999. Get our Politics Newsletter. "We are ready...

IEA: Green energy shift needs 'deep pockets' of oil and gas industry IEA: Green energy shift needs 'deep pockets' of oil and gas industry

The "deep pockets" of oil and gas (O&G) players could be crucial in accelerating the deployment of renewables, the International Energy Agency (IEA) has said. Birol said a large part of these emissions could be brought down relatively quickly and e...

Subaru sets target to sell only electric vehicles by mid-2030s Subaru sets target to sell only electric vehicles by mid-2030s

Following their renewed partnership with Toyota , Subaru will be leveraging on this to make it happen. First, the automaker will develop a so-called "strong hybrid" vehicle using technologies from Toyota , as reported by Reuters earlier today...

Trump's legal team: Impeachment charges 'allege no crime or violation of law' Trump's legal team: Impeachment charges 'allege no crime or violation of law'

The Senate majority leader, Mitch McConnell , released his proposed rules for the trial last night, and the resolution immediately sparked outrage from Democrats , who argued the president's allies were trying to rush to an acquittal. The Democrat...

UK PM says Britain will be more open to Africans after Brexit UK PM says Britain will be more open to Africans after Brexit

It also follows a tour of sub-Saharan Africa former prime minister Theresa May made in 2018 - the first by a United Kingdom leader in five years. Nigeria's President Muhammadu Buhari left Abuja for London last week to participate at the summit....

Amazon commits 10,000 electric vehicles to its India delivery fleet by 2025 Amazon commits 10,000 electric vehicles to its India delivery fleet by 2025

Bezos, who was on a three-day visit to India, shared a video on Twitter to introduce the new fleet of e-rickshaws meant for doorstep delivery. During his visit to India, Bezos announced Amazon's plan to invest $1 billion in India to "digitally enab...

International Monetary Fund trims Indonesia’s economic growth prospects amid weakening exports International Monetary Fund trims Indonesia’s economic growth prospects amid weakening exports

The IMF now sees the economy growing at 0.8% this year, down from a previous forecast for 1.1%. "These early signs of stabilisation could persist and eventually reinforce the link between still-resilient consumer spending and improved business spen...

South Korea Might Re-Categorize Cryptocurrencies, Imposing A 20% Tax On Gains South Korea Might Re-Categorize Cryptocurrencies, Imposing A 20% Tax On Gains

The income tax scheme in South Korea deals with labor, business, and "other income.' In this case if the Ministry of Finance and Strategy is now handling income tax issues, and they are also charged with taxing crytocurrency, then cryptos will ...

Zomato India Acquires Uber Eats, And Twitter Erupts With Hilarious Responses Zomato India Acquires Uber Eats, And Twitter Erupts With Hilarious Responses

The share-swap arrangement and details of the transaction were not disclosed. Users of the Uber food delivery app will now be redirected to Zomato's app instead. Zomato had recently received $150 million as funding, against a valuation of $3 bil...

Central banks can't save the world from climate change, BIS says Central banks can't save the world from climate change, BIS says

It said central banks should more involved coordinating climate change actions among major players - governments, the private sector and the worldwide community. New policy mixes are needed instead, involving governments, central banks and prudenti...

Thunberg slams climate change inaction as Davos awaits Trump Thunberg slams climate change inaction as Davos awaits Trump

The 17-year-old also implored leaders to listen to the concerns experts and young people demanding action on climate change . "People are more aware now. The 2020 event will convene almost 3,000 participants from over 100 countries, including 53 hea...

Macron tweets he and Trump reach truce on taxing tech companies Macron tweets he and Trump reach truce on taxing tech companies

Macron made the announcement a few hours before Trump departs the White House for the World Economic Forum in Davos, Switzerland. The White House said the two men spoke and "agreed it is important to complete successful negotiations on the digital...

BOJ keeps easing policy unchanged BOJ keeps easing policy unchanged

On Japan's economy, the BOJ is nearly set to raise its growth forecast for fiscal 2020 starting April 1, from 0.7 percent projected in October, sources familiar with the bank's thinking said. As for prices, however, the BOJ is likely to leave its inf...

British Prime Minister borrows popular Akan proverb at UK-Africa summit British Prime Minister borrows popular Akan proverb at UK-Africa summit

Cited government sources revealed on Saturday night that the head of No. 10's policy unit, Munira Mirza, was preparing to write to all Whitehall ministers to instruct them that Johnson's "key demand" would be to finally fulfil his roadmap. More than ...

Amazon is Reportedly Developing a Hand-Scanning Payment Option

Customers would use the terminals to link their palm print to a credit or debit card. According to people familiar with the matter, the plans for terminals are now in early stages. Exactly how that will be done, however, hasn't been decided yet. On...

World powers in Berlin to seek peace for Libya World powers in Berlin to seek peace for Libya

German Chancellor Angela Merkel and UN Secretary-General Antonio Guterres will co-host the summit, which will seek a stronger commitment from the world powers and regional actors to non-interference in Libya, to genuinely support the ceasefire and ad...

Donald Trump team says his trial is ‘unlawful’ Donald Trump team says his trial is ‘unlawful’

Donald Trump's team announced over the weekend that attorneys Alan Dershowitz and Ken Starr will argue that the two articles - abuse of power and obstruction of Congress - are not impeachable offenses, according to the Constitution. Democrats see s...

Toyota moved pickup production to Mexico, no jobs lost in the US Toyota moved pickup production to Mexico, no jobs lost in the US

According to Toyota, the investments will modernize the plant which produces almost 400,000 Highlanders, Sequoias and Siennas each year. Despite the fact it is moving the Tacoma pickup production to Mexico, Toyota insists no U.S.jobs would be los...

Komodo (KMD) Market Cap Achieves $71.50 Million Komodo (KMD) Market Cap Achieves $71.50 Million

According to the highly publicized announcement , Tezos wallet holders will be able to obtain 0.01 XTZ ($0.0152) from the faucet allowing users to interact with the blockchain, test development and raise adoption rates of the Tezos token in a bid ...

Plane slides off icy taxiway at Kansas City International Airport Plane slides off icy taxiway at Kansas City International Airport

Crews will remove the plane later today, McBride tweeted, adding that it's "not impeding much of the airfield". The airport says it is continuously clearing ice from last night's storm. Delta Flight 1114 was taxiing from the airport terminal when i...

China-U.S. trade deal will reduce global uncertainty China-U.S. trade deal will reduce global uncertainty

Monetary and fiscal stimulus is expected to lift India's growth rate back to 6.5% in 2021, although this is still 0.9 percentage point lower than forecast in October. "What's been holding this back or offsetting this is the trade risks, the geopoliti...

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