Protectionism can include border tariffs and rules that favor a country's businesses over those in another economy. While the G20 remains an informal forum and Saturday's statement is non-binding, it does help set the tone for economic and financia... More..
The statement dropped language from previous G-20 statements that said countries should resist "all forms" of trade barriers. The outcome marked a win for Trump, whose "America First" agenda and anti-globaliz...More..
The communique issued on Saturday was milder than the last one, from 2016. Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, downplayed differences over the languag...More..
When we look at the Volatility of the company, Week Volatility is at 5.69% whereas Month Volatility is at 5.64%. Finally, JPMorgan Chase & Co. raised their price objective on Cliffs Natural Resources from $7....More..
The Limited closed its remaining stores last month , and American Apparel, which filed for bankruptcy for a second time past year, is expected to close all its stores. "We understand that closing stores will i...More..
The organization is one of several global groups invited to participate in the meeting . By comparison, last year's meeting called on them to resist "all forms" of protectionism, which can include border tar...More..
For these one-way fares, any increase greater than 6 percent would be not more than 50 cents per ride. The MTA's continued discipline in keeping costs down has resulted in the lowest increase since 2009, wh...More..
The confrontation at a two-day meeting of finance ministers of the Group of 20 economies pitted the US, which is seeking to rectify what it says is an off-kilter global trading system, against a bloc of adv...More..
Authorities have suspended 33 government officials amid allegations that some of the country's largest meat processing companies have sold rotten beef and poultry for years according to a BBC News report. Three...More..
In other precious metals, spot silver rose 0.05 percent to $17.31 per ounce, after hitting its highest in a week at $17.56. While the Fed raised interest rates by 25 basis points on Wednesday as widely expect...More..
The G20 finance ministers' communique failed to keep up its past commitments, such as promoting open trade and an outright rejection of protectionism, Deutsche Welle reported. Host Germany dropped the no-pr...More..
U.S. Bancorp got Initiated on 11-Jan-17 where investment firm UBS Initiated the stock to Buy. Finally, Beacon Financial Group raised its position in U.S. Experts at Zacks have given it a short term rating of 2,...More..
Funding for historically black colleges and other minority-serving institutions would remain at current levels under the budget. That $100 million will help fund a $54 billion bump for the military. President T...More..
In 2019, the bottom end of the range forecast for the Fed funds rate was nudged higher from 2.4% to 2.6%, with the upper bound unchanged at 3.3%. Inflation picked up and now close to FOMC target but core infl...More..
The Republic of China (Taiwan) Ministry of Foreign Affairs (MOFA) has declared that no code of conduct in the South China Sea will be binding on Taiwan if it is cast out of the negotiations and dialogues aimed ...More..
Cascade Crossings Sault Ste. The store at the Dunkirk-Fredonia Plaza is one of three stores in NY set to close. The closings don't include the JCPenney Museum and Mother Store in Kemmerer and other location...More..
The Finance Minister said that the state would this year allocate Rs 8,233 crores for irrigation projects in the state. In the budget, the allocation for the welfare of minorities was Rs 350 crore as compar...More..
One US official familiar with the discussions said the British complained to the White House about Spicer giving a platform to Mr Napolitano's remarks. The British intelligence agency Government Communicatio...More..
Sources said the United States delegation could not commit as they had not been given instruction from Washington to do so at the meeting in the western German spa town of Baden-Baden. G20 financial chiefs ha...More..
Many demonstrators carried symbols of the outlawed Kurdistan Workers Party (PKK) which has battled the Turkish state for over three decades in a continuing insurgency. "We once again remind European countries: ...More..
However, German Finance Minister Wolfgang Schauble struck a conciliatory tone, noting that in the USA the matters of finance and trade were divided in two portfolios. Breaking a decade-long tradition of endorsi...More..
Mnuchin's predecessors also had been forced to resort to "extraordinary measures" when the USA debt level has bumped up against the ceiling, which gave the Treasury a few months of leeway while negotiations wit...More..
By comparison, last year's meeting called on them to resist "all forms" of protectionism. The statement, while nonbinding, is important as it helps set the tone for global economic and financial policy. Chi...More..
Police said adequate police and paramilitary personnel had been deployed. A Metro official said, the services will resume only after getting clearance from the Police. The agitation completed 47 days on Thursda...More..
The three men seeking the leadership of Alberta's Progressive Conservative party had one final opportunity to gain support before its delegates voted today. The PC Alberta party has selected Jason Kenney, the f...More..
Members of G20 sitting in the Convention Center during the G20 Finance Ministers and Central Bank Governors Meeting at the Kurhaus in Baden Baden , Germany, on Friday. has had a bad deal from the current set...More..
State Department. Tillerson had made the statements about actions against North Korea soon after he visited the Demilitarized Zone, which separates North Korea and South Korea. "As time goes by, there will ...More..
Officials switched the small Eastern Michigan city's water supply from Lake Huron in 2015 to the Flint River in a bid to save money. The city of Flint just scored another major victory in its fight for clea...More..
Mnuchin rejected a statement from other leading economies that warned of the dangers of trade protectionism and rejected the suggestion of emphasizing the importance of free trade in a joint statement issued by...More..
YouTube annotations have felt increasingly outdated and out of place. As of May 2, you won't have to close any more of those frustrating text boxes that block your view of the latest video with the company a...More..
Malabu oil and Gas Limited had sought to stay the delivery of the ruling to enable it be involved in the case, because it would be affected by the court's decision in the applications by Agip and Shell. Dan Et...More..
Dutch voters on Wednesday returned Mr Rutte's liberals to power, seeing off a challenge from the anti-Islam party of Mr Geert Wilders. "They are of the same mentality". Leïla Bodeux explained that the main aim...More..
The plaintiffs claimed that the Japanese government should have foreseen the tsunami based on a government estimate in 2002 that there was a 20 percent chance of a magnitude-8-level natural disaster occurring w...More..
According to reports, officials were looking to replace the group's long standing opposition to "all forms" of protectionism with a new wording that would reflect USA concerns and reference "fair" trade. German...More..
President Donald Trump's budget will enact the largest cuts to federal spending since the end of World War II, The Washington Post reported. To keep the government running, lawmakers will need to approve a sp...More..