The trade war is pushing business out of China to other Asian countries but not into America

US tariffs are prompting companies to move some production out of China, but it’s not going where President Donald Trump would prefer. The trade war has made more than $250 billion of Chinese exports more expensive for Americans — from leather belts to refrigerators to motorcycles. The disruption to the world’s biggest trading relationship has […]

Xi Jinping: US-China trade war will produce no winners, ” is doomed to failure”

By BLOOMBERG China’s President Xi Jinping said a trade war will produce “no winners” and called for nations to uphold a rules-based order led by the World Trade Organization. Implementing tariffs and cutting economic ties “is a short-sighted approach and it is doomed to failure,” Xi said at the Asia-Pacific Economic Cooperation CEO summit on […]

Michelle Obama sells 725,000 books the first day

By Jeffrey A. Trachtenberg Michelle Obama’s memoir “Becoming” got off to a hot start this week, selling more than 725,000 units on the day it was released, spurring its publisher to order up another 800,000 hardcover copies. The book, published Tuesday by Crown Publishing, part of Penguin Random House, was widely expected to be a […]

CIA repots that Saudi crown prince ordered Khashoggi’s killing. Saudi embassy denies report

By Shane Harris & Greg Miller Washington, DC : The CIA has concluded that Saudi Crown Prince Mohammed bin Salman ordered the assassination of journalist Jamal Khashoggi in Istanbul last month, contradicting the Saudi government’s claims that he was not involved. The CIA’s assessment, in which officials have said they have high confidence, is the […]

To divert attention from corruption, Iran executes traders without a fair trial: Rights group

Three more remain on death row over financial crimes after convictions in quickie trials that critics say fail to meet Iranian or international legal standards By: Borzou Daragahi Convicted with “spreading corruption on earth,” the execution of two Iranian gold traders this week has raised concerns that the authorities are seeking to use the two men as scapegoats to […]

Trump studying Turkey’s demands to expel Gulen, report

The Trump administration is exploring possible ways to expel US-based Muslim cleric and Turkey foe Fethullah Gulen to convince Ankara to ease pressure on Saudi Arabia over the killing of Jamal Khashoggi, according to a US network. White House officials last month asked federal law enforcement agencies to examine legal ways of removing Gulen, a […]

Israeli PM to take over defence job as speculation of early elections soar

Israeli Prime Minister Benjamin Netanyahu will take over the defence portfolio in his government after Defence Minister Avigdor Lieberman resigned this week, a spokesman for his Likud Party said on Friday, fuelling speculation of an early election. Earlier Netanyahu met with key coalition partner Naftali Bennett of the Jewish Home Party who had sought the […]

Hand recount ordered in Florida’s divisive U.S. Senate race

TAMPA, Fla.  – Florida election officials on Thursday ordered a hand recount of ballots in the closely fought U.S. Senate race between Democratic incumbent Bill Nelson and his Republican challenger, Governor Rick Scott, after a machine recount showed them divided by a razor-thin margin. But in another tight contest, Republican Ron DeSantis appeared to secure […]