Business

Crude Oil Prices Soothe after Two Straight Sessions of Losses

Crude Oil Prices Soothe after Two Straight Sessions of Losses

Refinery crude runs rose 134,000 barrels per day as utilization rates gained 0.6 percentage point to 90.4% of total capacity, EIA data showed. The U.S. The Organization of the Petroleum Exporting Countries agreed on November 30 to its first production cut since 2008, whereby it will reduce output by around 1.2 million barrels per day to 32.5 million bpd from January for six months.


S. Korea's parliament sets up presidential impeachment vote

S. Korea's parliament sets up presidential impeachment vote

South Korean lawmakers began an impeachment vote Friday against President Park Geun-hye. Cha Eun-Taek, who once made videos for "Gangnam Style" star Psy, said Ms Choi had once asked him to recommend potential candidates for culture minister and for a presidential adviser on culture.



Trump picks Scott Pruitt to head EPA

Environmental groups have reacted with dismay at the nomination of Pruitt, warning that he will not only tear up much of Obama's climate legacy but also imperil the reliably clean air and water that Americans have largely enjoyed over the past 40 years.


Taiwan's President: A Phone Call 'Doesn't Mean A Policy Shift'

Taiwan's President: A Phone Call 'Doesn't Mean A Policy Shift'

He continued to praise Trump for doing what he did, which he compares to other people being anxious about China being insulted. The transit stop issue has surfaced days after President-elect Donald Trump infuriated China by accepting a call from the Taiwanese president and blasting China for manipulating its currency, engaging in unfair trade practices, and militarizing the South China Sea on Twitter .


French premier Valls expected to launch presidential bid

French premier Valls expected to launch presidential bid

Against China of Xi Jinping, Russia of Vladimir Putin, America of Donald Trump, Turkey of Recep Erdoğan, there has to be a strong experience in this world. Former economy minister Arnaud Montebourg and former education minister Benoit Hamon, who have joined a group of Socialist rebels opposed to Valls' pro-business policies, have announced their candidacy, alongside other lower-profile candidates.



Trump promises to heal divisions, plans visit to Ohio State

Trump claimed on Tuesday that the cost of the new Boeing 747-8s that are slated to become the new Air Force One is upwards of $4 billion. "I think its ridiculous". In September, Boeing won approval from the U.S. government to sell 109 planes worth $17.6bn to Iran Air. Trump also suggested that the Air Force One program should be canceled because of the cost.