Euro zone inflation slipped as expected for a third consecutive month in January as the impact of higher energy costs abated, while the core rate slightly increased in a comforting sign for the European Central Bank. The European Union’s statistics agency Eurostat estimated on Friday that prices in the 19-country currency bloc rose 1.4 percent […] Read more
Trump’s criticisms of intel officials “extraordinarily inappropriate.” Senate Minority Leader Chuck Schumer is blasting President Trump for his “extraordinarily inappropriate” criticism of testimony from the nation’s intel chiefs before Congress earlier in the week and called on them to essentially stage an intervention with the president. Trump on Thursday said he will be proven […] Read more
A new front in geopolitical tensions between the U.S. and Russia has opened in Venezuela, with both now declaring their support for rival leaders President Nicolas Maduro and the self-proclaimed interim president Juan Guaido. Experts are now drawing parallels between the contest for influence over Venezuela’s political and economic future with the battle over regime […] Read more
Amid the morass of parliamentary moves to influence the course of Brexit, a proposal has emerged that has raised eyebrows as it reportedly involved collaboration between both “Leave” and “Remain” wings of the bitterly divided ruling Conservative Party. After the UK-EU Brexit deal was roundly rejected by the House of Commons earlier this month, individual […] Read more
By Peter Valdes-Dapena Nissan makes the best-selling electric car in the world to date. Over 380,000 Nissan Leafs have been sold, and that model is now in its second generation. But the Leaf remains Nissan’s only widely available electric car. In an encouraging sign that the arrest of its former CEO Carlos Ghosn has not […] Read more
By Meg Wagner and Amanda Wills What we’re covering here: Just wrapped up: Roger Stone appeared in court. He’s expected to speak soon. Roger Stone: The longtime Donald Trump associate has been indicted by a grand jury on charges brought by special counsel Robert Mueller. The allegations: Mueller alleges that Stone sought stolen emails from WikiLeaks that could damage Trump’s opponents […] Read more
Staff shortages linked to the US government shutdown have caused significant delays to flights at north-eastern airports. The closure means some federal staff, including air traffic controllers, are currently working without pay. Nancy Pelosi, Speaker of the House of Representatives, has blamed President Trump for the disruption. The delays come one day after air industry […] Read more
by Dr. Ibrahim A. Al-Mutrif The year 1931 witnessed the consolidation of the economic relations between Saudi Arabia and the US, with the finding of oil, and with the awarding of oil exploration rights by King Abdulaziz to the US Standard Oil Company. The year 1932, on the other hand, is considered a very important […] Read more
By Catherine Bosley Yale’s Robert Shiller says Elizabeth Warren harmed her chances by calling for higher taxes on the ultra-wealthy. Taxing the ultra-rich more heavily as proposed by U.S. presidential hopeful Elizabeth Warren probably won’t work, according to Nobel laureate Robert Shiller. The widening gap between the rich and the poor and its effect in […] Read more
Italy’s Prime Minister Giuseppe Conte speaks to the media during the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2019 Germany and France are making fun of Italy and the European Union with their treaty to give Germany a permanent seat at the United Nations, Italian daily Corriere della Sera on Friday […] Read more
