US

Oil rises as U.S. sanctions on Iran tighten supply

Oil prices rose on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Global crude oil benchmark Brent LCOc1 was up 60 cents at $82.32 a barrel by 1340 GMT. The contract hit a four-year high of $82.55 this week but...

Friday, September 28, 2018 - 9:25pm

More flooding feared for South Carolina, a week after Florence

KINSTON, N.C. (Reuters) - Residents of Georgetown County, South Carolina, where five rivers flow into the ocean, were preparing on Friday for a deluge of water in the aftermath of Hurricane Florence, which has killed at least 40 people. The county of 60,000 people, on the Atlantic coast between...

Saturday, September 22, 2018 - 12:02am

China to impose additional tariffs on U.S. products worth 60 billion USD

China announced on Tuesday it will impose additional tariffs on U.S. products worth 60 billion U.S. dollars starting from Sept. 24 in response to the newly announced U.S. tariffs on Chinese goods. The Customs Tariff Commission of the State Council unveiled lists of 3,571 items of U.S. products to...

Wednesday, September 19, 2018 - 9:01pm

South Africa brushes aside possibility of U.S. sanctions over land reform

South African President Cyril Ramaphosa on Tuesday brushed aside the possibility of U.S.-imposed sanctions over the land reform South Africa is pursuing. “There is no reason to believe any country will impose sanctions on South Africa for any actions that we take, actions that are...

Wednesday, September 12, 2018 - 9:13pm

The case for a US public banking option

LOS ANGELES/SARASOTA – Because the consumer financial-services industry is structured to maximize profits and payouts to shareholders, it inevitably fails to meet the basic banking needs of ordinary American households. Too many people lack access to the financial infrastructure –...

Monday, September 10, 2018 - 12:23am

Four in ten Americans struggle to pay for basic needs – study

Four in 10 Americans struggled to pay for their basic needs such as food or housing last year, according to a new study from the Urban Institute, a Washington D.C.-based think tank. Despite a growing U.S. economy and a low unemployment rate, 39.4 per cent of Americans between 18 and 64 years old...

Thursday, August 30, 2018 - 12:49am

The depth of the next US recession

ASPEN, COLORADO – The United States economy is doing well. But the next recession – and there is always another recession – could be very bad. The US Bureau of Economic Analysis estimates that GDP growth in the second quarter of 2018 reached 4.1% – the highest since the 4.9...

Monday, August 27, 2018 - 10:44pm

Russell Simmons files $35,000 lawsuit against rape accuser

Russell Simmons is taking legal action against a woman who accused him of rape. In legal documents, the music producer demands that the woman listed as Jane Doe pay him $35,000 after accusing him of rape, “for purposes of publicity, which this case has garnered.” The case in which the...

Friday, August 10, 2018 - 10:40pm

Demi Lovato temporarily leaves rehab for treatment in Chicago

Just under a week after Demi Lovato entered rehab, the singer has temporarily left in order to get treatment in Chicago. Last Saturday, the 25-year-old “Skyscraper” singer was discharged from the hospital in Los Angeles and flew to a rehab facility. Now, Lovato has flown to Chicago in...

Friday, August 10, 2018 - 10:16pm

Pentagon to spend $885m on AI to compete with Russia, China

The US Department of Defense will spend $885 million on a large-scale artificial intelligence (AI) systems to boost the country's military performance in a bid to compete with China and Russia, The Washington Post reported. Josh Sullivan, the senior vice president at government consulting firm...

Tuesday, July 31, 2018 - 10:53am

U.S. trade unilateralism hurts American farmers

Matt Flikkema heard the bad news on the way to his farm Wednesday morning. “I was listening to the Great Falls (Montana) radio station, and they said wheat had dropped 17 cents a bushel,” Flikkema said. “Not good,” the life-long farmer said. Flikkema’s 800-acre (323...

Saturday, July 14, 2018 - 12:04am

China to hit back after U.S. proposes fresh tariffs on $200B in goods

China to hit back after U.S. proposes fresh tariffs on $200B in goods China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods. China’s...

Wednesday, July 11, 2018 - 11:29pm

China vows to respond if US imposes additional tariffs on Chinese goods

Chinese commerce ministry announced on Wednesday that Beijing would take retaliatory measures imposes additional tariffs on Chinese goods. Chinese commerce ministry said that it was shocked by Washington's trade actions and that it would respond if US imposes additional tariffs on some $200...

Wednesday, July 11, 2018 - 10:56am

Does U.S. withdrawal from UN Human Rights Council matter?

On June 19, 2018, the US Ambassador to the UN, Nikki Haley, announced that the United States was withdrawing from the UN Human Rights Council (HRC). The news, of course, rocked the Council and the wider UN and its implications for the international human rights system. The protection of human...

Tuesday, July 10, 2018 - 12:56pm

Magaly Pearl talks music, life in the US, and Ice Prince collabo

“The One” is arguably Magaly Pearl’s biggest song to date, and one that is likely to take her places. On it, she collaborates with Nigerian hitmaker Ice Prince. Based in the US, where she also works as a professional skin care specialist, Pearl started to pursue music seriously...

Monday, July 9, 2018 - 11:44pm

Turkey to retaliate if US slaps sanctions over S-400 purchase - Ankara

Relations between the US and Turkey have seriously deteriorated after Washington threatened not to sell Ankara F-35 fighters if it buys S-400 missile systems from Moscow, as well as imposing sanctions if the situation remains unchanged. Turkey intends to respond to the US in the event Washington...

Friday, July 6, 2018 - 3:18pm

South Africa: ANC warns U.S. of unintended consequences from trade wars

The ruling African National Congress (ANC) on Wednesday warned the United States of unintended consequences arising from its trade wars with other countries. This came after the South African rand continued its depreciation and the fuel price skyrocketed to its highest level ever. The ruling...

Friday, July 6, 2018 - 10:38am

New Rwandan bean coffee company opens in US

A new Rwandan owned coffee shop and roaster has officially opened its doors in South Portland, a city in Cumberland County, Maine, United States. The shop was founded by Mike Mwenedata; a 32-year old Rwandan who lives in the US. According to the Rwandan Embassy in the USA, the new business...

Tuesday, July 3, 2018 - 9:47am

South Korean carmakers voice concern over U.S. protectionist move on auto imports

SEOUL – Major South Korean carmakers voiced concern over the U.S. protectionist move on imports of automobiles and auto parts, local broadcaster KBS reported Monday citing a statement presented to the U.S. government. Hyundai Motor and its affiliate Kia Motors have jointly presented a...

Tuesday, July 3, 2018 - 1:23am

Five dead, multiple injured in U.S. newspaper shooting

Five people were killed on Thursday afternoon with several "gravely injured" in a mass shooting at local daily newspaper Capital Gazette in Annapolis, the capital city of eastern U.S. state Maryland, police said. The shooter is in custody and interviewed, local police said, not revealing...

Friday, June 29, 2018 - 11:35am