WASHINGTON (Reuters) – White House National Economic Council Director Larry Kudlow said on Friday that he did not favor a higher federal tax on gasoline to fund an infrastructure program, but if states wanted to raise their own gas taxes, that was up to them. Kudlow made the comments to reporters outside the White House. […]
WASHINGTON (Reuters) – U.S. Vice President Mike Pence said on Friday that President Donald Trump was optimistic the United States could reach a deal on trade with China. “President Trump remains very hopeful,” Pence said in an interview with CNBC. Source: Read Full Article
OSLO (Reuters) – Norway’s $1.1 trillion sovereign wealth fund, the world’s largest, made record returns on investment in the first quarter amid a surge in tech stocks. Separately, the fund is assessing whether to make an investment in ride-hailing company Uber Technologies Inc, which is planning an initial public offering, its chief executive told Reuters. […]
(Reuters) – Warren Buffett said he does not think that the present economic conditions with regard to fiscal and monetary policy can co-exist with “really low inflation rates” over time. “I don’t think our present conditions can exist in terms of fiscal and monetary policy and various other elements of the political landscape; I don’t […]
BANGKOK — In a gilded ceremony set to start at the auspicious time of 10:09 on Saturday morning, with his new queen by his side, King Maha Vajiralongkorn Bodindradebayavarangkun of Thailand will be formally crowned. King Maha Vajiralongkorn, 66, ascended to the throne in 2016, after the death of his father, King Bhumibol Adulyadej, who […]
Officials say they traced the outbreak to a doctor, who appears to have been using a contaminated syringe on patients. At least 90 people, including 65 children, are believed to have been infected with the HIV virus in Pakistan by a doctor using a contaminated syringe, officials said. “We have arrested a doctor after receiving […]
BANGKOK (REUTERS) – King Maha Vajiralongkorn is to pay his respects on Friday (May 3) to one of Thai Buddhism’s most sacred relics, the Emerald Buddha, and later light an auspicious candle as he conducts the final rituals before his three days of coronation events. The coronation, which takes place from Saturday to Monday, will […]
WELLINGTON, New Zealand — Prime Minister Jacinda Ardern is engaged to be married, and it took a sharp eye for New Zealand to find out. Ms. Ardern, 38, and her partner of more than five years, Clarke Gayford, 41, became engaged over Easter weekend, a spokesman for Ms. Ardern confirmed on Friday. The prime minister […]
SYDNEY (Reuters) – Australia’s strong economic performance of recent decades has allowed its central bank to avoid the kinds of unorthodox policies seen in other countries, but record low rates mean less conventional measures may be needed to tackle new challenges. The Reserve Bank of Australia (RBA) is all but certain to cut its benchmark […]
COLOMBO (AFP) – Islamist extremists in Sri Lanka are believed to be planning attacks on bridges in Colombo, authorities said, as they warned several conspirators in the Easter Sunday bombings that killed 257 people were still at large. Police confirmed they had instructed stations around Colombo to deploy additional officers and asked the navy to […]