U.S. President Donald Trump said Saturday that he had instructed his representatives not to sign a communique by all seven leaders attending the G-7 summit in Canada, citing statements by Canada’s Prime Minister Justin Trudeau made after he left. “Very dishonest and & weak,” Trump tweeted in response to Trudeau’s remark that the …
your ad hereMacron’s Campaign Economists Warn French Leader Over Rich-Friendly Policies
French President Emmanuel Macron’s economic policy is viewed as favoring the rich and must change to address inequalities, according to a memo written by three economists who worked on his campaign program, Le Monde newspaper said on Saturday. The criticism is the latest sign of the trouble created by Macron’s …
your ad hereAustralian Bank Hit With $530 Million Fine for Money-Laundering
Australia’s Commonwealth Bank has agreed to pay a $530 million fine for breaching anti-money laundering and counterterrorism financing laws. The scandal relates to more than 53,000 suspect transactions that the bank did not immediately report to authorities. If approved by the Federal Court, this will be the largest civil penalty …
your ad herePope Francis: Providing Clean Energy Is ‘A Challenge of Epochal Proportions’
Pope Francis has told the world’s oil executives that a transition to less-polluting energy sources “is a challenge of epochal proportions.” On the last day of a two-day conference Saturday, the Roman Catholic leader urged the executives to provide electricity to the one billion people who are without it, but …
your ad here‘Who Dares Go Out Shopping?’ Afghans Buy Online to Avoid Bombs
Shoppers in the Afghan capital are going online for everything from fashion to furniture to avoid bomb attacks and sexual harassment, with dozens of startups doing a brisk trade where there were few on the ground two years ago. Suicide bombings and other attacks in Kabul have killed and wounded …
your ad herePeace? Sure, But Singaporeans Hope for Summit Tourism Bump
From summit-themed burgers and online scalpers peddling “World Peace” medallions and “Peace Out from Lion City” T-shirts, Singaporeans are cashing in on a historic meeting between U.S. President Donald Trump and North Korea’s Kim Jong Un. The buzz around the Trump-Kim summit Tuesday has stirred Singaporeans’ entrepreneurial spirit and raised …
your ad hereAward-winning Smart Drones to Take on Illegal Fishing
Drones guided by artificial intelligence to catch boats netting fish where they shouldn’t were among the winners of a marine protection award on Friday and could soon be deployed to fight illegal fishing, organizers said. The award-winning project aims to help authorities hunt down illegal fishing boats using drones fitted …
your ad hereBrewers See Future in High Tech, Weak Beer, Cannabis Brews
A ‘smart’ bottle opener, weak and alcohol-free ales and lagers and cannabis brews – all visions of the future of beer offered at a brewing convention in Brussels this week. More than 700 brewers and beer experts, from small microbrewers to megabrew executives, converged in Belgium, for many the home …
your ad hereIMF Says Argentina Fiscal Goals Flexible, Stocks Cheer Deal
Argentina could revise the fiscal targets set as part of a $50 billion financing arrangement with the International Monetary Fund to increase spending on social programs, an IMF director said on Friday. Argentina requested IMF assistance on May 8 after a run on its peso currency in an investor exodus …
your ad hereEurope Pledges $40M to Help Venezuelans
The European Union will spend more than $40 million to help Venezuelans suffering through a deepening humanitarian crisis even as the country’s leaders have steadfastly denied it needs any foreign assistance. Most of the money will provide health care, food and clean water to vulnerable Venezuelans living inside and …
your ad hereCut More Trees! Cambodians Challenge Conservation
The Cambodian rosewood had stood for hundreds of years, but its value finally proved too hard to resist and the giant tree came crashing down — inside a protected forest. It’s unclear exactly who was behind the felling — nobody has been charged — but it set off a series …
your ad hereArmed with Micro-grants and Training, Rural Ugandans Tackle Poverty
Once reliant on seasonal farming jobs to make ends meet, Aguti Rukia is now a successful entrepreneur in Arubela, eastern Uganda. With the help of a $150 “micro-grant” last year, Rukia and two women from her village started a business buying petrol from fuel stations and selling it in smaller …
your ad hereG-7 Leaders Try to Bridge Wide Trade Gap With Trump
Emotions were on display when U.S. President Donald Trump met other G-7 leaders at their annual summit in Canada on Friday, but the discussions were civilized and diplomatic, according to sources. Trump held firm on asserting the United States is disadvantaged when it comes to trade with its European allies. …
your ad hereSenate Unveils Farm Bill, Leaves Food Stamps Alone
The Senate Agriculture Committee on Friday released a bipartisan farm bill that makes mostly modest adjustments to existing programs and, unlike the House version of the bill, doesn’t pick a fight over food stamps. The Senate bill, dubbed the “Agriculture Improvement Act of 2018,” is budget-neutral and aims to renew …
your ad hereUS Company Says It Didn’t Know if Workers Used Fake Papers
An Ohio gardening company where immigration agents arrested 114 workers this week in one of the largest workplace raids in the U.S. in recent years says it doesn’t know if workers used fake documents to get jobs. Corso’s Flower & Garden Center said Friday in a statement that it demands …
your ad hereKia Recalls Over 500K Vehicles; Air Bags May Not Inflate
Kia is recalling over a half-million vehicles in the U.S. because the air bags may not work in a crash. Combined with a previous recall expansion by Hyundai, the affiliated automakers are recalling nearly 1.1 million vehicles due to the problem, which has been linked to four deaths. The moves …
your ad hereChina’s Trade Surplus With US Widens
China’s trade surplus with the United States rose to $24.58 billion in May, from $22.15 billion in April, according to Chinese customs data published Friday. China’s export growth in May was 12.6 percent, slightly down from 12.9 percent in April, but well above the 10 percent that economists polled by …
your ad hereChina Trash Ban Creates Crisis for Recyclers
Just less than $6 billion worth of U.S. waste was sent to China last year to be converted into packaging and products, and then shipped back to the United States and other markets. Scrap recyclers had taken advantage of low shipping costs for empty containers returning to China after the …
your ad hereUkraine Approves Anti-Corruption Court, Fires Finance Minister
Ukraine’s parliament has voted to establish an anti-corruption court in an effort to meet the criteria to receive $17.5 billion from the International Monetary Fund. Before the IMF releases the funds needed to shore up Ukraine’s struggling economy, it will have make sure the court’s laws are IMF compliant. …
your ad hereConstruction Planned to Prepare Alaska’s Arctic Refuge for Oil Drilling
The Trump administration said Thursday it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation’s biggest wildlife park. In an announcement that touted planned improvements to U.S. Fish and Wildlife Service visitor facilities, the Department of the Interior …
your ad hereArgentina Clinches $50B IMF Financing Deal to Speed Up Cuts
Argentina and the International Monetary Fund said Thursday that they had reached an agreement for a three-year, $50 billion standby lending arrangement, which the government said it sought to provide a safety net and avoid the frequent crises of the country’s past. Argentina requested IMF assistance on May 8 after its …
your ad hereElderly Kenyan Women Weave Their Way to More Sustainable Future
Sheltered by a tarpaulin from the blazing sun, a group of Kenyan women weave handfuls of dried reeds, their practiced hands turning them into exquisite baskets, mats and hats that have been sold to tourists from around the world. Their success stems not from choice, but from necessity. On hot …
your ad herePeru President Swears In Fifth Finance Minister in Past Year
Peruvian President Martin Vizcarra on Thursday swore in the country’s fifth finance minister in the past year, tasking him with deciding whether to keep higher excise taxes on diesel and other fuels that have sparked protests. Carlos Oliva, a former deputy finance minister and central bank official, will also be …
your ad hereBrazil’s President Says No Risk of Currency Crisis
Brazilian President Michel Temer said on Thursday there was “no risk” of a currency crisis in Latin America’s largest economy, after the exchange rate fell to its weakest in more than two years on fears over Brazil’s fiscal outlook and political future. Temer said in a televised interview that Brazil …
your ad hereSyrian Refugee Launches Luxury Sneaker Brand in France
When Daniel Essa fled Syria in 2014, he faced an uncertain future as a refugee in France, where he knew few people and less French. Now he is selling his own brand of luxury sneakers to the wealthy of Paris and Hollywood. The 30-year-old studied fashion in Damascus but abandoned …
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