Economy of the United States
Eurobank still profitable in the first quarter
Eurobank was profitable for a fifth straight quarter in January-to-March but net earnings dropped slightly while provisions for bad debt were flat compared to the previous quarter.
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US launches NAFTA renegotiation countdown
The Trump administration on May 18 launched a 90-day countdown to renegotiating the North American Free Trade Agreement, part of its aggressive stance towards trade that it charges has hurt U.S. workers.
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Trump’s son-in-law Jared Kushner to play ‘Key Role’ in overhaul of Trump’s team
Donald Trump’s son-in-law and close advisor Jared Kushner is expected to play a “key role” in an overhaul of the president’s team, according to a report from The Washington Post.
“If and when Trump does overhaul his team, Jared Kushner is expected to play a key role in rethinking the structure and personnel within the West Wing.”
UFO sighting over Paris?
A video showing a beaming light down on the ground over Paris, France was posted on youtube.
The phenomenon in the video is similar to two other incidents, one in China in 2010 that caused an airport to shut down for a few hours and another in Gold Coast of Australia in 2014.
It is unclear if the video is a hoax.
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Exxonmobil is expected to sign hydrocarbon survey deal with Greece
Sources from ExxonMobil have stated that a delegation will visit Greece in the next days to sign an agreement with Hellenic Petroleum and France’s Total for initial hydrocarbon surveys in Block 2 in the Ionian Sea.
Finance Ministers of The G-7 Countries To Hold Their Last Meeting Today
On Saturday, the Finance Ministers of the G-7 countries, which are Canada, France, Germany, Japan, Italy, the United States and U.K., are going to discuss how to make growth more inclusive, how to illicit money flows, and how to fight tax evasion, reported ABC News, according to Focus News Agency.
Apple’s new store in Dubai (photos-video)
Apple officially celebrated the opening of its new flagship retail location at the Dubai Mall. The tech giant has offered up some video and imagery from the grand opening…
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Trump: There could be a major conflict with North Korea
U.S. President Donald Trump said on Thursday a major conflict with North Korea is possible in the standoff over its nuclear and missile programs, but he would prefer a diplomatic outcome to the dispute.
Trump proposes major tax cuts, 15 pct corporate rate
The Trump administration on April 26 unveiled plans to dramatically cut taxes for U.S. businesses and individuals, slashing the corporate rate to 15 percent, but the once-in-a-generation overhaul is headed for a tough fight in Congress.
Moderate rise in US economy, but job shortages spread: Fed
The U.S. economy has continued to expand with only modest price increases, but companies are increasingly complaining of trouble finding workers, including for low-skill jobs, the Federal Reserve said on April 19.