US Senators Drop Efforts to Cripple China’s ZTE

U.S. Republican lawmakers have dropped their efforts to reimpose a crippling ban on exports to the Chinese telecommunications giant ZTE.  The move Friday gives a victory to U.S. President Donald Trump who has championed for ZTE to stay in business.  Republican senators Friday dropped legislation that would block ZTE from …

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Trump Amps Up Criticism of Fed Rate Hikes

U.S. President Donald Trump on Friday dug in on his criticism of the Federal Reserve’s policy on raising interest rates, saying it takes away from the United States’ “big competitive edge,” and lamented the strength of the U.S. dollar. Trump, in posts on Twitter, also accused the European Union and …

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WhatsApp Makes Changes in India After Deadly Attacks

WhatsApp has announced changes for its 200 million users in India following the spread of viral messages via the app that resulted in deadly mob attacks. India’s government has threatened to take WhatsApp to court, saying “…the medium used for such propagation cannot evade responsibility and accountability.”  The information technology …

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NFL, Players Halt Anthem Rules, Work on Resolution

The NFL and National Football League Players Association have agreed to halt enforcement of rules regarding the new national anthem policy while the two sides work on a resolution. The league and its players union issued a joint statement late Thursday, hours after The Associated Press reported that Miami Dolphins …

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Comic Con Draws Fans From Around the Globe

Comic-Con, which bills itself as one of the world’s largest comic book conventions of its kind, kicks off this week in San Diego. The four-day event has grown to become an entertainment destination that features not only comics, but also film, television and video games. The sold-out event draws thousands …

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Report: North Korea Economy Shrank Sharply in 2017

North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated Friday, in a sign international sanctions imposed to stop Pyongyang’s nuclear and missile programs have hit growth hard. Gross domestic product (GDP) in North Korea last year contracted 3.5 percent from the …

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China Boosts Liquidity as Trade War Threatens Economy

Chinese policymakers are pumping more liquidity into the financial system and channeling credit to small- and medium-sized firms, and Beijing looks set to further loosen monetary conditions to mitigate threats to growth from a heated Sino-U.S. trade war. The world’s second-biggest economy has started to lose momentum this year as …

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US Seen Receiving Frosty Reception at G-20 Meeting

The financial leaders of the world’s 20 biggest economies meet in Buenos Aires this weekend for the first time since long-simmering trade tensions burst into the open when China and the United States put tariffs on $34 billion of each other’s goods. The United States will seek to persuade Japan and the European Union to …

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Archaeologists Find Ancient Pottery Workshop in Egypt

Archaeologists in Egypt have discovered an ancient pottery manufacturing workshop dating to more than 4,000 years ago. Thursday’s statement by the Antiquities Ministry says the workshop is situated close to the Nile River in Aswan province in southern Egypt. It says the workshop, the oldest pottery workshop in the Old …

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