Business

US, China Cooperation to Extend Trade

US, China Cooperation to Extend Trade

Department of Commerce (DOC) website stated. In return, the US and China are to resolve outstanding issues for the import of China-origin cooked poultry to the U.S.as soon as possible after reaching consensus. This follows increased tension in the south-pacific between North Korea and the U.S over nuclear weaponry. Tyson Foods Inc, Cargill Inc and JBS are among the biggest exporters of US meat.


AP Story on Sinclair-Tribune Deal Cites Prof. Jeff McCall '76

AP Story on Sinclair-Tribune Deal Cites Prof. Jeff McCall '76

Chicago's iconic WGN TV and WGN radio are among the dozens of properties swept up in a sweeping media acquisition by Sinclair Broadcast Group, the Trump-friendly media group which was already the largest TV-station-owning company in the United States even before the huge, landscape-flipping merger.


OPEC calls for 'collective efforts' to counter U.S. oil boom

OPEC calls for 'collective efforts' to counter U.S. oil boom

Brent futures lost 61 cents, or 1.2 per cent, to settle at $US48.73 a barrel, while US West Texas Intermediate crude fell 55 cents, or 1.2 per cent, to $US45.88. While oil prices have gained support, higher rival supply is limiting further gains and an inventory glut has proved slow to shift. We now see Brent averaging $54/bbl in 2017 and $56/bbl in 2018 compared to $61 and $65 prior, but we note that our projections remain $5/bbl on average above the current forward.



Pakistan's deputy Senate leader wounded in roadside bombing

Interior Minister Chaudhary Nisar Ali Khan has condemned the attack on the convoy of Deputy Chairman Senate Abdul Ghafoor Haideri in Mastung. Mr Haideri, whose vehicle was badly damaged in the attack, was "lightly wounded" and is in a stable condition in hospital in Quetta , Baluchistan province.


China's economy slows from recent bounce

China's economy slows from recent bounce

The data comes as China hosts an worldwide summit showcasing its Silk Road project which it hopes will revive ancient trading routes and breathe life into its sputtering economy. But analysts have expressed scepticism about Beijing's willingness to quit its debt addiction given freewheeling credit conditions have underpinned the growth China's Communist Party relies on for political legitimacy.



US fails to reassure G7 on 'Trumponomics'

But members have successfully persuaded the United States to maintain a commitment to free trade. The closing statement from Bari will reiterate a warning against competitive devaluations, Italian officials said, as March's G20 did, allaying fears that the new US administration might weaken the G20's united front on global currency policy.GREEKS FOR BREAKFAST The G7 will kick off on Friday with an early morning discussion of Greece's debt ahead of a May 22 meeting of euro zone finance ...