• US, China holding lower level trade talks later this month
US, China holding lower level trade talks later this month

A meeting between the two countries, which would be between lower-level officials than earlier talks, would mark a breach in the standoff that has arisen since talks broke down in the spring. Chinese importers appear to be shying away from buying United States crude oil as they fear Beijing may decide to add the commodity to its tariff list.

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  • Unemployment hits record low but wages growth disappoints
Unemployment hits record low but wages growth disappoints

The UK's unemployment fell by 65,000 in June to its lowest figure since 1978 with 1.36m out of work. That was the lowest since the three months to February 1975 and beat economists' forecasts in a Reuters poll for it to hold steady at a previous low of 4.2 per cent.

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  • Corona beer owner to pour $4bn into weed
Corona beer owner to pour $4bn into weed

Earlier this month, Molson Coors Canada entered into a joint venture with the Hydropothecary Corp.to develop non-alcoholic cannabis-infused products. In a press release , the company said that with the increased investment it now owns 38% of the company.

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  • Turkey says ready to discuss issues with US without threats
Turkey says ready to discuss issues with US without threats

M - Russia sees intentions of the United States and the West in general to impede the Astana process for the Syrian settlement, Russian Foreign Minister Sergey Lavrov told Tass after taking part in a session of Turkey's ambassadors and permanent envoys to worldwide organizations.

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  • Global stock markets take a dive amid Turkey crisis
Global stock markets take a dive amid Turkey crisis

But helping Turkey to circumvent the USA sanctions would likely further provoke the U.S., which could respond with yet harsher measures against China, Yao added. "So now you have economic data warranting the Fed rate hiking cycle and expectations for other central banks pushed out a little bit", said Tomes. MSCI's emerging market currency i...

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  • Turkish lira trades below 6.0 against dollar after USA comments
Turkish lira trades below 6.0 against dollar after USA comments

Ankara acted amid increased tension between the two North Atlantic Treaty Organisation allies over Turkey's detention of a pastor and other diplomatic issues, which have helped to send the lira tumbling to record lows against the dollar.

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  • Italians point fingers, seek answers after bridge collapse kills 39
Italians point fingers, seek answers after bridge collapse kills 39

A bridge that abruptly buckled in north Italy has now killed 39 people, authorities said Wednesday as they continued the search for more survivors in the debris. "If they can't manage the motorways, then the state will do it". Meanwhile, investigators were also working to determine what caused an 80-meter (260-foot) long stretch of highway to...

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  • Lira rallies after Turkey raises tariffs on United States imports
Lira rallies after Turkey raises tariffs on United States imports

Ankara acted amid increased tension between the two North Atlantic Treaty Organisation allies over Turkey's detention of a Christian American pastor and other diplomatic issues, which have helped send the lira tumbling to record lows against the dollar.

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  • Turkey's economy suffers amid US sanctions and tariffs
Turkey's economy suffers amid US sanctions and tariffs

The Turkish lira firmed to 5.8699, from 6.04 to the U.S. dollar after the news. Investor attention was focused on a conference call which Finance Minister Berat Albayrak will hold at 1300 GMT to reassure worldwide investors. He again described the currency crisis as an attack on Turkey and said that a lack of a run on the banks indicated that an ...

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  • Corey Lewandowski questions whether White House nondisclosure agreements are enforceable
Corey Lewandowski questions whether White House nondisclosure agreements are enforceable

Over the weekend Manigault Newman's appeared on NBC's Meet the Press to promote Unhinged , and revealed she secretly recorded her firing by chief of staff John Kelly. On Tuesday, she explained to CBS News why she made the recordings: "I'm the kind of person who covers her own back". You could start counting off former White House staffers and...

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  • Setback for US Pastor Brunson as Turkey Retaliates Against Trump
Setback for US Pastor Brunson as Turkey Retaliates Against Trump

Administration sources says further sanctions against Turkey are under active consideration. If the Turkish government does not eventually agree to US demands and release him early, Brunson could spend 35 years in prison. Turkish President Tayyip Erdogan has said in recent public speeches that Turkey and its economic allies do not need to use...

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  • Chinese Internet Titan Tencent Falters After Chinese Gov. Bans Game
Chinese Internet Titan Tencent Falters After Chinese Gov. Bans Game

Tencent's profit in April-June fell 2 percent year-on-year to 17.87 billion yuan ($2.59 billion), while revenue grew 30 percent, the slowest in three years, to 73.68 billion yuan, with sequential declines in both mobile and PC games . He said the block follows concern over Tencent's ability to monetise popular game PlayerUnknown Battleground (PU...

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  • Turkey’s president calls for a boycott of USA electronics
Turkey’s president calls for a boycott of USA electronics

Following US-imposed sanctions , the Turkish lira has experienced one of the sharpest falls in value in its nearly 175-year history. The lira's weakness has rippled through global markets. Turkey's central bank has promised to provide banks with liquidity. Erdogan said his country will boycott US -made electronic goods amid a diplomatic spat...

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  • Turkey raises tariffs on U.S. imports amid economic spat
Turkey raises tariffs on U.S. imports amid economic spat

Among the products are cars, rice, some alcohol and tobacco products and some cosmetic products like sun creams. The new decree amends a presidential decree on July 11. The United States was the fourth largest source of imports to Turkey a year ago, accounting for $12 billion of imports, according to International Monetary Fund statistics.

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  • Consumer Inflation Eases To 4.17% In July
Consumer Inflation Eases To 4.17% In July

With this decline, and a higher industrial production growth rate in June, the chance of another policy rate hike in October has faded. The report reads in part, "The consumer price index , which measures inflation, increased by 11.14 per cent (year-on-year) in July 2018".

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  • Attorney Mark Brice on Monsanto verdict — PODCAST
Attorney Mark Brice on Monsanto verdict — PODCAST

Jurors awarded him $39m for his losses and $250m to punish the company after finding it liable for a design defect and failing to warn of Roundup's risks. The products of the US agrochemical company will instead become fully-integrated into Bayer's own marketing portfolio. "It is the most widely used and most widely studied herbicide in the world...

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  • Scots unemployment rate down slightly to 4.2%
Scots unemployment rate down slightly to 4.2%

Experts said the numbers revealed the highest amount of vacancies since records began in 2001. The UK's unemployment rate, those not in work but who want a job, dropped from 4.2% over the previous three month period. Wage growth slowed to 2.4pc, with earnings rising exactly as much as prices. There were 1.36 million unemployed people in the U...

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  • Turkey to reduce currency risk for companies, Finance Minister Albayrak says
Turkey to reduce currency risk for companies, Finance Minister Albayrak says

Erdogan made the comments in retaliation against United States sanctions , which have helped worsen an economic crisis in the country. The threat comes during a Turkish currency crisis that has seen the lira's value collapse against the US dollar .

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  • Vermont’s Christine Hallquist becomes first openly transgender gubernatorial candidate
Vermont’s Christine Hallquist becomes first openly transgender gubernatorial candidate

Hallquist beat out James Ehlers, a Navy veteran and environmentalist, and Brenda Siegel, the executive director of a dance festival, to win the Democratic nomination. FILE PHOTO: Vermont Democratic Party gubernatorial primary candidate Christine Hallquist, a transgender woman, speaks with Ben Watts and Nate Jarvis while campaigning on Church Street...

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  • Nigeria, two others push OPEC oil output higher
Nigeria, two others push OPEC oil output higher

US stock indexes broadly gained, supporting oil futures. That came despite the Saudi move coming in anticipation of a slowdown in oil demand. West Texas Intermediate crude pierced the 67.00 level after settling above it in the COMEX, poised to retest its recent multi-week lows.

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