Strong Dollar pressures stock markets

The U.S. Dollar Index hit a 17-month high on Monday, a negative for global growth and corporate profits that helped get the Dow Jones industrial average, S&P 500 and Nasdaq off to a bad start for the week. Underscoring the dollar’s importance for U.S. multinational earnings, JPMorgan trimmed its forecast of Apple (AAPL) iPhone shipments, […]

Florida election recount continues as tensions rise

FORT LAUDERDALE, Fla. (AP) — Mishaps, protests and litigation dominated Florida’s first day of recounting the vote for pivotal races for governor and Senate, bringing back memories of the 2000 presidential fiasco. Much of the drama on Sunday centered on Broward and Palm Beach counties, home to large concentrations of Democratic voters. In Broward County, […]

US-backed Syrian fighters resume offensive against IS

U.S.-backed Syrian fighters resumed their ground offensive Sunday against the Islamic State group in the last territories controlled by the extremists in eastern Syria. The Syrian Democratic Forces said in a statement that the decision to resume the fighting came after threats from Turkey against the Kurdish-led force dropped due to diplomatic activities. The SDF […]

Once censored, Saudi prince al-Waleed bin Talal returns to spotlight

DUBAI—Billionaire Saudi Prince al-Waleed bin Talal has returned as the kingdom’s public face for global investors, emerging a year after his detention to help the royal family survive the crisis over journalist Jamal Khashoggi’s killing. Prince al-Waleed was the best known internationally of the Saudi businessmen, government officials and royals detained last year in what […]

Russia’s Putin dubs Macron’s call for European arm natural, while Trump labels it ‘very insulting’

Russian President Vladimir Putin said on Sunday it made sense for a powerful economic bloc like the European Union to want to defend itself militarily. The comments came after U.S. President Donald Trump fired off a tweet as he arrived in Paris on Friday in which he described a call by French President Emmanuel Macron […]

Putin’s favorite US congressman loses election

The Russian government  reportedly interfered in the 2016 U.S. presidential election in order to  damage Hillary Clinton‘s presidential campaign by bolstering the candidacies of Donald Trump and  Bernie Sanders .  Russian president Vladimir Putin personally ordered an “influence campaign” to harm Clinton’s chances and “undermine public faith in the US democratic process , according to a January 2017 assessment […]

Churchill’s grandson slams Trump for canceling cemetery visit because of rain

Nicholas Soames, a British politician and grandson of Winston Churchill, ripped President Trump on Saturday for canceling a cemetery visit in France due to bad weather. “They died with their face to the foe and that pathetic inadequate @realDonaldTrump couldn’t even defy the weather to pay his respects to The Fallen,” Soames tweeted. Soames, who is […]

“Hezbollah needs to be eliminated,’ UAE tycoon tells global leaders. Says sanctions not enough

The world needs to take firm action against Iran, targeting the leadership of Hezbollah, the UAE business tycoon Khalaf Ahmad Al-Habtoor said at a conference of global leaders on the eve of new sanctions due to be imposed on Iran. Speaking at the 27th Annual Arab-US Policymakers Conference in Washington DC, Al-Habtoor told global leaders […]