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I never mentioned Israel to Russian officials

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Mr Trump said he was hopeful a lasting peace between Israel and the Palestinians would be possible. Netanyahu too chose to forget how Trump had recently leaned too heavily in favor of the Palestinian Authority's Mahmoud Abbas. But in their own ways, former Presidents Barack Obama and George W. Bush each vouched for American values in their dealings with those nations, including the kingdom. Read More »

Is OPEC About To Get Trumped?

Earlier in May, both Saudi Arabia and Russian Federation, who is not a member of OPEC but is seen as a critical part of any potential agreement, said they backed extending the production cuts until March 2018. In the early stages of the price fall Saudi Arabia appeared to be willing to live with the decline in the hope that it would put pressure on USA shale producers and force many out of business. Read More »

CBO: 23 million could lose health insurance in GOP health care plan

Democrats criticized House Republican leadership for bringing the updated AHCA to the floor for a vote earlier this month month before getting an updated CBO score to go with it. "Less healthy people would face extremely high premiums, despite the additional funding that would be available under [the AHCA] to help reduce premiums", the report states. Read More »

Moody's downgrades China over surging debt fears

World stocks inched lower on Wednesday, after China's sovereign credit rating was downgraded and as investors eyed a pause in Wall Street's four-day winning streak, the longest in over three months. China's total outstanding credit surged to 260 per cent of gross domestic product ( GDP ) by the end of a year ago and the International Monetary Fund has warned that a debt crisis in the country could "imperil global financial stability". Read More »

OPEC and non-OPEC nations poised to extend output cuts

The market sees an extension by nine months - instead of the initially suggested six months - as the base-case scenario. Algeria's energy minister said on Wednesday he expects OPEC to extend oil output cuts by nine months, helping to ease a global glut of crude by the end of 2017 and possibly raise oil prices to more than $55 a barrel. Read More »

Newark Airport reopens after United Airlines 757 engine fire

Only five minor injuries occurred during the evacuation. Flight crew immediately inflated the emergency slides and instructed passengers to leave as fast as possible. The flight left the airport on a new aircraft at 1:35 a.m. Passengers arrived in San Francisco at 3:42 a.m., four hours after their originally scheduled arrival. Read More »

Moody's downgrades Hong Kong after China ratings cut

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China's foreign ministry rejected Moody's assessment. Chinese stocks sank Wednesday after Moody's cut the country's debt rating and othe. In March 2016, Moody's revised down China's sovereign rating outlook to "negative", but China's economic performance turned out to be much better than projected. Read More »

'Significant' fall in net long-term migration to UK

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The ONS pointed to declines for consumer-facing industries such as retail and hotels and a slowdown in household spending, as well as weak growth for construction and manufacturing. By contrast, Germany's economy grew by 0.6 percent and Spain's expanded by 0.8 percent in the first quarter. "The outcome was in line with our forecast, but below the consensus expectation for 0.3% quarter-on-quarter and the BoE - in the fullness of time - expects the growth rate to be 0.4%", he said. Read More »

Russia, Saudi Arabia keen to keeping oil cutbacks

Longer cuts at already agreed-upon volumes are needed to reduce global inventories to the five-year average, the energy ministers of the world's biggest crude producers said at a joint press briefing in Beijing on Monday. Libya pumped as much as 1.6 million barrels a day before an uprising in 2011, and it was exempted from OPEC's cuts due to internal strife. Amid the cutbacks, production in the USA, which isn't part of the agreement, has risen to the highest level since August 2015. Read More »

GOP Health Plan Would Leave 23 Million More Uninsured, Budget Office Says

The health care bill Republicans have pushed through the House would leave 23 million additional people uninsured in 2026 compared to President Barack Obama's health care law, the Congressional Budget Office said today. About one-third of the population resides in states that would make moderate changes to market regulations. Since 2013, the year before the law took full effect, individual premiums have almost doubled for the roughly 15% of consumers who make too much to qualify for ... Read More »

Kiwi driver Scott Dixon robbed at gunpoint in US

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The two drivers were said to be "completely fine" after the incident. While the notion that one of IndyCar's biggest and best-paid stars was making a late-night fast food run seemed odd to some, that wasn't the case in Gasoline Alley where Dixon is one of the most respected drivers. Read More »

Unidentified object flies over North Korean border

China urged North Korea not to violate UN Security Council resolutions with its nuclear and missile programmes, after Pyongyang said it had successfully tested what it called an intermediate-range ballistic missile . Kim Bum-soo has more on what member states had to say. The Korea Central News Agency said the test verified technical aspects of the weapon system and examined its "adaptability under various battle conditions" before it is deployed to military units. Read More »

Goa board SSC results to be declared today

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Alternatively, students will be able to access their GBSHSE Class 10 Result 2017 through this page. Log on to the official website. M. V. Gadgil, GBSHSE secretary, yesterday on May 24, had wrote to the Directorate of Information and Publicity saying that the board plans to declare the results of SSC board March 2017 examination results on May 25. Read More »

Iranian President mocks Trump administration, calls it 'intellectually' unstable

Rouhani , who fronted Tehran's deal with six major powers in 2015 to curb Iran's nuclear programme in return for the lifting of sanctions, said the United States administration lacked knowledge about the Middle East. During his first overseas trip as president, Trump has had harsh words for Iran , particularly when it comes to nuclear weapons. Unlike Saudi Arabia , which occasionally holds elections for municipal councils, Iran regularly holds elections for president, parliament ... Read More »

China's credit downgrade could spook equity and bond investors, economists say

China's National Development and Reform Commission (NDRC) said debt risks were generally controllable as measures to lower corporate leverage had achieved initial results, and systemic risks from debt were relatively low. Moody's downgrade of China's credit rating today could lead to investors shunning the region, emerging market economists warn. The rating agency said late Wednesday that it's lowering its local currency and foreign currency issuer ratings by one notch to Aa2 from Aa1. Read More »

Bomber Salman Abedi was reported to authorities 5 times for extremist views

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The device appeared to be fairly sophisticated, according to the photographs that appeared to have been taken at the scene. The elder Abedi was arrested shortly after speaking to the AP, Salem said. "The investigation into the terrorist attack in Manchester is large-scale, fast-moving and making good progress", Rowley said. So far, six men and a woman has been arrested in conjunction with the investigation related to the attack that happened on Monday, moments after USA singer Ariana ... Read More »

Moody's downgrades Hong Kong credit rating after China cut

Fitch though has maintained its A plus ratings with stable outlook since 2007. The rating agency's decision to downgrade long term local and foreign issuer ratings - down from Aa3 to A1 - emphasises a lack of confidence in the Chinese Government's ability to reign in current debt levels. Read More »

Report says Tesla production growth may be at expense of worker safety

Straubel Jeffrey B had sold 109,100 shares worth $33.58 million. His current price target for Tesla stock is an ultra-bullish $368, which is certainly one of the highest on the Street, if not the highest. TRADEMARK VIOLATION WARNING: This piece of content was reported by BBNS and is the property of of BBNS. If you are viewing this news story on another site, it was illegally copied and reposted in violation of US and global trademark and copyright legislation. Read More »

Massive slide covers stretch of iconic California highway

SFGate says the entire area is among the state's most popular destinations for tourists; anyone who's driven Highway 1 from San Luis Obispo north to Monterey will attest to both the exceptional scenery and the steep cliffs that can frame both sides of the famous highway at many points. Read More »

Bitcoin soars above $2400 to all-time high

In fact, $100 invested in bitcoin in July 2010 would be worth $3.5 million today, according to a chart sent to some people by Jeroen Blokland, a portfolio manager on the Robeco Global Allocation team, according to MarketWatch . Analysts noted that the online currency has been resistant to market volatility. "Probably not a coincidence!", Jeffrey Gundlach , chief executive at DoubleLine Capital tweeted on Tuesday. Read More »

Mulvaney defends plans to cut social programs

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But while the headlines capture the big talking points - "Cuts to programs that help poor families afford groceries and poor and disabled people get healthcare" - the finer details of the plan reveal a number of surprising and relatively subtle changes in the way our government distributes the money it collects each year from taxpayers. Read More »