China sees 'win-win' for all in revived Silk Road Initiative

This includes the Jakarta-Bandung high-speed railway, China-Laos railway, Addis Ababa-Djibouti railway and Hungary-Serbia railway, and upgraded Gwadar and Piraeus ports. The Forum is the first major global conference on One Belt, One Road, OBOR, since President Xi Jinping announced his ground-breaking strategy, in 2013, to transform Asia's developing economies.

Merkel keeps her grip on power: Wins North-Rhine-Westphalia

Sunday's elections were widely seen as a test of support for Merkel and Christian Democrats in the run-up to the national elections on September 24. He said he was personally saddened by the party's "whopping defeat" in his home state. For Merkel , it's a vindication of her two-prong approach in North Rhine Westphalia.

US Senate Democrats may refuse to vote on Trump FBI pick - Schumer

US Senate Democrats may refuse to vote on Trump FBI pick - Schumer

Trump cited recommendations from Attorney Gen. Jeff Sessions and Deputy Attorney Gen. Rod Rosenstein that disapproved of the way the director handled the Hillary Clinton email investigation during last summer's presidential campaign. Garcia of the New York Court of Appeals, who previously served as assistant USA attorney in the Southern District of New York, and Assistant Attorney General Alice Fisher, who used to work in the Justice Department's Criminal Division.

North Korea launches a new unidentified missile as tensions with USA fester

Pyongyang claims it tested a new intermediate-range ballistic missile called the Hwasong-12, a previously unseen designation for a new type of surface-to-surface missile, according to the Korean Central News Agency. Moon convened a national security council meeting on Sunday, where he said the launch was a challenge for global security, according to spokesman Yoon Young-chan.

Russian Federation ready to extend output cut deal with Opec

Meanwhile, investors braced for data from Baker Hughes scheduled for Friday, expected to show an increase in the number of active US oil rigs amid a boom in USA shale output. It fell 4% on Thursday, Reuters reported . From Exxon Mobil Total SA, the world's largest listed oil companies have sent a message to skeptical investors and rivals at OPEC: we can get by in a world of $50 a barrel crude.