Business


United States reserve sales proposal hits oil prices

This is nearly three times the 1.8 million barrels a day being removed through the OPEC production cuts, and could overwhelm the impact of OPEC's supply controls if prices continue to rise . So far, the production-cut agreement has had little impact on global inventory levels due to rising supply from producers not participating in the accord, such as Libya, and a relentless increase in USA shale oil output.


Times Square vehicle suspect 'told police he wanted to kill them all'

Times Square vehicle suspect 'told police he wanted to kill them all'

But while police have ruled out terrorism, there are still plenty of unanswered questions. "Local officials are investigating the cause of the incident", it said in a statement. Officials are awaiting toxicology results, though Rojas " had glassy eyes, slurred speech, and was unsteady ", during his arrest, the complaint said .



Trump is a big fan of Philippine strongman Duterte

The extremists occupied a hospital, jail and other buildings in Marawi City , the Associated Press reported. "To my countrymen who have experienced martial law ". When pushed on the extent of martial law and the possible implications for the nation as a whole, Duterte said, "it is the police and military that say we have reached a risky level..." Some activists expressed concern that it would lead to human rights abuses.



Pope Francis gives Trump a climate change message

In turn, President Trump told Pope Francis how much of an honor it was to meet him, and that the pope's words would stick with Mr. Trump . Under clear blue skies, Trump , who exchanged sharp words with the pope during the US election campaign past year, received a tribute from the Swiss Guard in a Vatican courtyard when he arrived.



CBO: Estimated 23 Million Would Lose Health Insurance Under Republican Bill

The GOP bill would also reduce the deficit by $119billion over 10 years. "The market for insurance purchased individually with premiums not based on one's health status - that is, non-group coverage without medical underwriting - would be unstable if, for example, the people who wanted to buy coverage at any offered price would have average health care expenditures so high that offering the insurance would be unprofitable".