Business


Malaysia pledges to cut oil production by 20000 barrels per day

There is also some skepticism among experts that the countries reining in production will be able to push up prices in the longer term. But stubbornly high fossil fuel inventories - which have been maintained worldwide, but are most readily measured in the USA due to open customs data - have prevented the measures from buttressing oil prices in a lasting way.



British Airways London flights cancelled due to global IT outage

Delays were also reported in Rome, Prague, Milan, Stockholm and Malaga, with the airline unable to say when flights would resume during the busy bank holiday weekend. British Airways added that there was no evidence the outage is the result of a cyber attack. Malcolm Ginsberg, editor in chief at Business Travel News , expected the disruption to last for "three or four days".


Trump budget faces Dem opposition, GOP doubts about math

Trump budget faces Dem opposition, GOP doubts about math

The government hasn't run a surplus since the late 1990s when a budget deal between Democrat Bill Clinton and congressional Republicans combined with the longest USA economic recovery in history produced four years of black ink from 1998 to 2001.


Kushner proposed secret back channel between Russia, Pres

Kushner proposed secret back channel between Russia, Pres

The Washington Post said Kushner's secret communications proposal was made December 1 or 2 at Trump Tower in NY, according to intercepts of Russian communications that were reviewed by USA officials. McMaster said "we have back channel communications with a number of countries". By early this year, Kushner had become a focus of the FBI investigation into whether there was any collusion between the Trump campaign and the Kremlin, said two other sources-one current and one former ...



French President Macron to Meet Vladimir Putin Next Week

He said he had discussed Mali with German Chancellor Angela Merkel in Berlin on Monday and the two chose to "strengthen our cooperation further to help the countries of the region". France intervened in its former colony in January 2013 to drive out al-Qaeda-linked groups that hijacked a rebellion in 2012 by ethnic Tuaregs and attempted to take control of the central government in Bamako.