newszine

State Department approves $8bn sale of F-16s to Taiwan, despite Beijing’s warning of ‘consequences’

24 mins ago NAMEX Comments Off on State Department approves $8bn sale of F-16s to Taiwan, despite Beijing’s warning of ‘consequences’
Despite extreme objections voiced by Beijing, the State Department has approved the sale of dozens of F-16 fighter planes to Taiwan, openly admitting that the move serves US economic and national security interests in the region. The approval of the $8 billion sale by the Defense Security Cooperation Agency (DCPA) came just days after plans Read More

Trump, advisers looking at ways to boost U.S. economy as markets fear recession

30 mins ago NAMEX Comments Off on Trump, advisers looking at ways to boost U.S. economy as markets fear recession
WASHINGTON (Reuters) – Even as they reject talk of a looming recession, President Donald Trump and his advisers are examining ways to provide a boost to the U.S. economy should it be deemed necessary, officials said. “We’re very far from recession,” Trump told reporters in the Oval Office, echoing a theme from him and his Read More

Russia, Racism… Recession? Trump says Democrats hope for economic bust to hurt him in 2020

39 mins ago NAMEX Comments Off on Russia, Racism… Recession? Trump says Democrats hope for economic bust to hurt him in 2020
US President Donald Trump is accusing Democrats and the media of trying to bring about a recession in order to hurt his 2020 re-election. His critics reply that they’re only stating the facts… just like they did with Russiagate? “The word recession is inappropriate… We’re very far from a recession,” Trump said on Tuesday, adding Read More

US praises sanctions for killing Iran’s economy, then blames Tehran for people’s suffering

54 mins ago NAMEX Comments Off on US praises sanctions for killing Iran’s economy, then blames Tehran for people’s suffering
The US State Department can’t seem to make up its mind about the cause of Iran’s economic woes, claiming Tehran’s “Marxist economy” is to blame even as it celebrates the devastation US sanctions have wrought on the country. Speaking to reporters in New York on Tuesday, US special envoy for Iran Brian Hook assailed the Read More

Ex-Obama speechwriter rips Ted Cruz over NYT criticism: ‘You were less upset when Trump attacked your wife and father’

56 mins ago NAMEX Comments Off on Ex-Obama speechwriter rips Ted Cruz over NYT criticism: ‘You were less upset when Trump attacked your wife and father’
Former Obama speechwriter Jon Favreau went after Sen. Ted Cruz, R-Tex., over the lawmaker’s recent criticism of the New York Times, suggesting that Cruz was “less upset” when President Trump attacked his family during the 2016 election. The feud began Monday when Cruzgave a sharp rebuke to the Times after a transcript of an internal town hall led Read More

Rove: Trump would be stonewalled by impeachment-hungry Dems if any tax cut bills go to House

56 mins ago NAMEX Comments Off on Rove: Trump would be stonewalled by impeachment-hungry Dems if any tax cut bills go to House
President Trump should, if he so desired, use his executive power to boost the economy because the House of Representatives will not be a fair negotiating partner, according to Karl Rove. A growing number of Democrats, including most recently Assistant House Speaker Ben Ray Lujan, D-N.M., are supporting impeachment, Rove said Tuesday on “Your World.” “With a Democratic House Read More

Obamas’ debut Netflix documentary slammed as ‘lefty propaganda,’ an attack on Trump

2 hours ago NAMEX Comments Off on Obamas’ debut Netflix documentary slammed as ‘lefty propaganda,’ an attack on Trump
Barack and Michelle Obama’s Netflix documentary“American Factory” hits the streaming service on Wednesday and the film is already being slammed as an attack on the current president. The documentary focuses on a Chinese billionaire who opens a factory in the husk of an abandoned General Motors plant, hiring 2,000 blue-collar Americans. Journalist Ted Johnson labeled it Read More

Hogan Gidley: New faces of the Democratic Party are pushing hatred toward Israel

2 hours ago NAMEX Comments Off on Hogan Gidley: New faces of the Democratic Party are pushing hatred toward Israel
Democrats and the media are encouraging and allowing new party members’ anti-Semitic and anti-Israel agenda, White House Deputy Press Secretary Hogan Gidley said Tuesday. Appearing on “America’s Newsroom” with host Sandra Smith, Gidley said that the controversy surrounding two of the “Squad” Democratic Congresswomen – Reps. Rashida Tlaib, D-Mich., and Ilhan Omar, D-Minn.– was actually generated to take Read More

As trade war drags on, new Bunge CEO looks to avoid ‘stroke-of-the-pen’ risk

3 hours ago NAMEX Comments Off on As trade war drags on, new Bunge CEO looks to avoid ‘stroke-of-the-pen’ risk
CHICAGO (Reuters) – A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd (BG.N) is facing an even more uncertain business environment, with a new chief executive who is determined not to get burned again. FILE PHOTO: The sun sets behind grain elevators at Read More

Wall Street rally ends as financial shares slide

3 hours ago NAMEX Comments Off on Wall Street rally ends as financial shares slide
NEW YORK (Reuters) – Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week. FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 14, 2019. Read More