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The Fed thinks economic growth will slow as Trump‘s 2020 re-election bid approaches

The Fed thinks economic growth will slow as Trump‘s 2020 re-election bid approaches

The Federal Reserve on Wednesday reinforced the notion that U.S. economic growth will likely slow as President ‘s 2020 re-election bid approaches. While the central bank did not raise fears about an imminent recession, it projected a weaker economy in 2019 than Trump has grown used to this year. The president, who has often pointed to economic numbers as evidence […]

France says Islamic State not wiped from map, troops to remain in Syria

France says Islamic State not wiped from map, troops to remain in Syria

France will keep its troops in northern Syria for now because Islamic State militants have not been wiped out and continue to pose a threat to French interests, officials said. France is a leading member of the U.S.-led coalition fighting militants in Syria and Iraq and has around 1,000 troops including special forces based in the north of the country, […]

Oil slumps 4% to lowest in a year as stock markets sink

Oil slumps 4% to lowest in a year as stock markets sink

Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets. Stock markets dropped worldwide after the U.S. Federal Reserve raised rates and maintained most of its guidance for additional hikes over the next two […]

Putin warns the threat of nuclear war should not be underestimated

Putin warns the threat of nuclear war should not be underestimated

Russian President warned the threat of a nuclear war should not be discounted and criticized the U.S.‘ move to withdraw from an international nuclear treaty. Speaking at his annual media press conference, Putin was asked by one journalist to assess the threat of nuclear war or a third world war. “The danger of the situation is being downplayed,” Putin told […]

Global stocks slide as Fed aggravates recession fears

Global stocks slide as Fed aggravates recession fears

World equity markets slumped on Thursday after the Federal Reserve dashed investor hopes of a more dovish policy outlook even as signs grow that global economic growth is stuttering. Jitters over the over the next two years spread from Asia to Europe, where major indexes fell to their lowest in two years and investors headed for the relative safety of […]

North Korea says it won‘t denuclearize unless the US removes threat

North Korea says it won‘t denuclearize unless the US removes threat

said Thursday it will never unilaterally give up its nuclear weapons unless the first removes what Pyongyang called a nuclear threat. The surprisingly blunt statement jars with Seoul‘s rosier presentation of the North Korean position and could rattle the fragile trilateral diplomacy to defuse a nuclear crisis that last year had many fearing war. The latest from North Korea comes […]

Airbus shares sink on reports of DOJ probe

Airbus shares sink on reports of DOJ probe

shares slumped 9 percent Thursday morning on reports the company is being investigated by the U.S. Department of Justice (DOJ) for “inappropriate practices.” on Thursday reported, citing anonymous sources, that the aircraft manufacturer is facing an investigation into suspicious practices that includes alleged corruption in commercial contracts between France and Kazakhstan. Airbus was not immediately available for comment when ed […]

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