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Oil eases on oversupply, but Mideast tension and falling US stocks support

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However, that is still down around 8 percent from the open of futures trading on May 25, when an OPEC-led policy to cut oil output was extended into the first quarter of 2018. "OPEC is working on establishing a legal relationship with its partners in the crude oil production cut agreement. Crude production in the Middle East will not change because of Qatar", said Oystein Berentsen, managing director for oil trading company Strong Petroleum. Read More »

Trump backs move to isolate Qatar

Trump wrote on Twitter that his recent trip to the Middle East was "already paying off". Qatari media had also published a cartoon mocking Saudi King Salman for spreading "fake news". Only a day earlier, Trump's secretary of state, Rex Tillerson, had adopted the opposite approach, calling for calm, while avoiding taking sides. Qatar is a key US ally in the fight against ISIS and the USA military base in Qatar is one of the largest in the Middle East, with over 11,000 US and coalition ... Read More »

Eric Trump reportedly misled donors about where his cancer charity's money went

Eric Trump has hosted an annual golf tournament that raises money for St. Jude's for 10 years, and he has long told reporters that he can use the Trump Organization golf courses free of charge for this event. "My father has given me and my foundation hundreds of thousands of dollars", Eric Trump told the Post . Costs at Trump properties for the charity fundraisers began to increase, and the foundation began donating to charities that suddenly turned around and began using Trump facilities. Read More »

White House Shrugs Off Macron's Blast at Trump Over Paris Accord

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Tapping into the "America First" message he used on the election trail, Trump announced the withdrawal on Thursday, saying that participating in the pact would undermine the US economy, wipe out U.S.jobs, weaken national sovereignty and put his country at a permanent disadvantage. Read More »

Japan holds evacuation drill amid tension from North Korea

China has expressed anger at "irresponsible remarks" by US Defense Secretary James Mattis, in which he accused Beijing of disregarding global law and undermining regional stability over its actions in the disputed South China Sea. "China is a significant economic and trading power, and we desire a productive relationship", Tillerson said Monday in Sydney after security talks with Australian counterparts. Read More »

Ranking US diplomat in China resigns

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The two sides agreed to establish the California-China Clean Technology Partnership created to drive innovation and commercialisation in areas such as carbon capture and storage, as well as advanced information technology that could help cut greenhouse gas emissions. Read More »

CSX shareholders vote to pay $84 million related to CEO hire

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Many analysts have provided their estimated foresights on CSX Corp. It dived, as 50 investors sold FLR shares while 170 reduced holdings. Moreover, Hanson Mcclain Inc has 0% invested in CSX Corporation (NASDAQ:CSX) for 92 shares. Next quarter's EPS is forecasted at $0.59 with next year's EPS anticipated to be $2.75. During the same quarter in the prior year, the firm posted $0.37 EPS. Read More »

London mayor says UK should cancel Trump's state visit

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London's Metropolitan Police said Butt was previously known to police and the United Kingdom spy agency, MI5, and was a British citizen born in Pakistan. "And this is the result, what we see happen on London Bridge". " "[The mayor] has more important things to do than respond to Donald Trump's ill-informed tweet that deliberately takes out of context his remarks urging Londoners not to be alarmed when they saw more police - including armed officers - on the streets". Read More »

Curry: Warriors' defense 'amazing' in NBA Finals

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The Cavaliers , meanwhile, haven't gotten almost enough production from anyone other than James, who had a triple-double Sunday, and forward Kevin Love , who had 21 rebounds in Game 1 . Thompson played in his 78th postseason, most in franchise history. If they can win two more games, they are to me - and I will shout it from the highest mountaintops, even in Laker land if I have to - this would be the greatest team in history. Read More »

ITUC Response to US Announcement on Paris Agreement

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But Scott Pruitt , administrator of the Environmental Protection Agency ( EPA ), passed up five chances to say whether Trump subscribed to such mainstream scientific belief. "This is completely not true", Sushma Swaraj said about Trump's claim while announcing the U.S. exit from the Paris deal last week. Numerous companies and politicians who signed up have been advocating for months for the USA to uphold its climate change commitments. Read More »

Former Panamanian Dictator Manuel Noriega Dead At 83

After his capture, Noriega tried to turn the tables on the U.S., saying: "Everything done by the Republic of Panama under my command was known". The former strongman was flown to the United States where a U.S. But he got into drug trafficking and for a period of time was quite important in facilitating trafficking with the Colombian drug cartel. Following years of ill health that included respiratory problems, prostate cancer and depression, his family pleaded with the authorities to let ... Read More »

Strategic impatience behind Qatar rift: Israeli official

Qatar is now unable to load crude oil onto supertankers together with other Gulf-based grades, and price agency S&P Global Platts said it would not automatically include the country in its Middle East price benchmark. Borders with Qatar were closed and flights to and from Qatar were cancelled. He suggested Kuwait could play a role in mediating the crisis, saying that Kuwaiti Emir Sheikh Sabah al-Ahmad Al-Sabah had called his Qatari counterpart Sheikh Tamim bin Hamad Al-Thani on Monday. Read More »

Cosby's accuser says she was drugged, groped; 'I was frozen'

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In her emotional testimony, Johnson, joined by famed civil-rights lawyer Gloria Allred , recalled the night in 1996 that Cosby allegedly talked her into taking a pill and, later, assaulted her. As day two of the Cosby case comes to a close, here's a recap of what's happened so far. Cosby is now standing trial for the allegations of Andrea Constand , a former Temple University employee who claims that in 2004, Cosby invited her to his home , sedated her, and sexually violated her. Read More »

Washington granted REAL ID extension through mid-July

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But, the department warned, if the state failed to act during the 2017 legislative session on legislation committing Oklahoma to all the REAL ID requirements, the state could be denied for other extension requests. Residents of states that are in compliance have until October 21, 2020, before being required to show the REAL ID compliant identification. Residents will have a choice of which license they want. Read More »

California, China defy US climate retreat with new cleantech tie-up

California Governor Jerry Brown is in Beijing this week, leading a delegation of state officials and business leaders in a series of meetings with Chinese and other global leaders about clean energy policies and technologies, that could strengthen political and economic ties between California and China . Read More »

Cyclone Mora hits Bangladesh, destroys refugee homes

Over 20,000 houses across various districts were devastated in the cyclone. Heavy wind with rain is continuing over the coasts of Chittagong and Cox's Bazar after cyclone Mora made landfall on coast near Kutubdia this morning. The border area is also home to refugee camps for Rohingyas who have fled persecution in their homeland in northwest Myanmar. The cyclone formed after monsoon rains triggered floods and landslides in Sri Lanka , off India's southern tip, killing at ... Read More »

Youssef Zaghba identified as third suspect in London Bridge terror attack

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Corriere wrote that Zaghba was stopped at Bologna airport in 2016 when he was trying to fly to Syria and that Italian authorities had tipped off Britain about his movements. In Britain's third Islamist attack in as many months, three men on Saturday rammed a van into pedestrians on London Bridge before running into the Borough Market area, where they slit throats and stabbed people indiscriminately. Read More »

Truck bomb kills 90 in attack near Kabul diplomatic quarter

Sources said a truck used to empty sewerage tanks had been loaded with 1,500 kgs of explosives. Strongly condemning the deadly bombing, US Secretary of State Rex Tillerson offered his deepest condolences to the families and friends of those who were killed and injured. Read More »

BBC takes Ariana Grande's One Love Manchester worldwide

Just a day after the United Kingdom went through another tragic evening, this time in London, the USA singer held the special One Love Manchester concert to honour and raise funds for the victims and families affected by the recent Manchester attack. Read More »

Gulf crisis: Qataris stock food in advance fearing shortage of food

Saudi Arabia yesterday revoked the licences of Qatar Airways, a major global carrier, and ordered its offices to be closed within 48 hours, a day after banning all Qatari planes from landing at its airports. Associate Professor at Qatar University told Bloomberg. "But connectivity with Qatar must be restored as quickly as possible". Qatar also hosts US Central Command and bought a $2.7 billion stake in Russia's oil major Rosneft. Read More »

President Trump on Comey testimony: 'I wish him luck'

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Trump fired Comey last month in a move that led many to suggest he was trying to undermine the ongoing investigation. Though it had been reported the FBI was investigating potential collusion between Russian Federation and the Trump campaign, this House intelligence committee hearing marked the first time Comey confirmed its existence. Read More »