Business


UAE Threatens Qatar with Economic Embargo

A joint statement from the four countries said they sanctioned the groups and individuals because of "the continuous and ongoing violations of the authorities in Doha of Qatar's commitments and obligations". Qatari foreign minister Sheikh Mohammed bin Abdulrahman Al Thani, speaking during an interview with the Associated Press, repeatedly denied his country funded extremists and rejected the idea of shutting down its Al-Jazeera satellite news network.


Macron, Putin hold 'frank' talks on Syria, Ukraine

Macron, Putin hold 'frank' talks on Syria, Ukraine

French President Emmanuel Macron says he held a "frank exchange" with Russian counterpart Vladimir Putin in their first face-to-face talks. "We have disagreements, but at least we talked about them", he added. He also noted that his meeting with Marine Le Pen , who was another candidate in the presidential race, was not aimed at influencing the recent presidential election in France.


European Central Bank keeps key interest rates unchanged

European Central Bank keeps key interest rates unchanged

The euro weakened to 1.1258 from $1.1262. There will be fewer purchases in 2018, so instead of 60 billion, the European Central Bank will buy 30 or 40 billion euros worth of bonds monthly. Nearly six years into his term, the European Central Bank president was finally able to say on Thursday that the risks to growth are balanced. Back in the Q1 of 2017, the region's economy expanded 0.6% on a quarterly basis and 1.9% on a yearly basis.



Some of James Comey's best friends are Jewish legal scholars

While Hillary Clinton was being investigated by the FBI for her private email server, many Democrats and members of the mainstream media had nothing but contempt for former FBI Director James Comey . "I hope you can let this go", Comey quoted Trump as saying. But, Comey said, Sessions's body language gave him the feeling that there was nothing he could do.



CCTV shows London terrorists being shot dead by police

A 27-year-old man was arrested on suspicion of the preparation of terrorist acts, while a 33-year-old man was held on suspicion of possession with intent to supply controlled drugs. The vests turned out to be fake, but the terrorists were still able to kill eight people in their rampage that only lasted 15 minutes. The relatives of Butt and the ex-wife of Redouane distanced themselves from the extremists, saying the atrocity had left them shocked.


May OPEC output highest since January

May OPEC output highest since January

The report also revealed a shock increase in diesel and petrol inventories after the EIA estimated U.S. demand fell by 1 million barrels a day last week. The West Texas Intermediate crude contract for July delivery dropped about 1 percent to a session low of $45.20 a barrel, below its close of $45.23 on November 29, the day before OPEC agreed to cut output to support the market.