Markets


Japanese PM Abe shows "Great Confidence" in Trump
- November 20, 2016

The high-level conversation came as Japan's leadership was nervous about the future strength of an alliance that is core to Tokyo's diplomacy and security. After the meeting which was attended by Trump's daughter Ivanka and her husband Jared Kushner, Shinzo Abe said he is convinced Trump will maintain their alliance. (more...)
Park faces resign calls in huge rally Park faces resign calls in huge rally
- November 20, 2016

The two former aides, known as two of the three gatekeepers of the presidential office, are suspected of working with OR for Choi Soon-sil, the woman at the center of the scandal. "During the party's general meeting, we have reached agreement that we will call for President Park's resignation, and given that this stance has already been made public, party members expressed their opinions against the meeting [with Ms Park]". (more...)
Korean prosecutors indict secretive confidante of Park
- November 20, 2016

The anti-Park movements continued despite two televised apologies from the president over a scandal linked to her friendship with long-time confidante Choi Soon-Sil, who has been arrested for fraud and abuse of power. Park has apologized twice to the nation for consulting Choi, which sparked allegations that her friend meddled in state affairs extensively for personal gain. (more...)
Atlas V rocket launches GOES-R weather satellite from Cape Canaveral
- November 20, 2016

The first of four next-generation geostationary weather satellites, the Geostationary Operational Environmental Satellite R-Series, or GOES-R, will provide a major improvement in quality, quantity and timeliness of weather data collected over the Western Hemisphere. (more...)
Donald Trump Nearing Settlement Over Trump University Lawsuits
- November 20, 2016

Multiple reports have President Elect Donald Trump ready to pay a sum of between an estimated $20 to $25 million to settle the case against Trump University . As president-elect Donald Trump prepares to assume the nation's highest office, unresolved lawsuits threaten to set the tone for his presidency. Attorneys for the president-elect had previously tried to get one of the California suits delayed while Trump was busy negotiating his transition into his presidency. (more...)
Trump settles fraud case against Trump University days before trial
- November 20, 2016

Attorneys for the President-elect told U.S. District Judge Gonzalo Curiel that Trump is busy making appointments and preparing to run the country and it was uncertain whether he'd be able to attend the trial - now scheduled for November 28 - in person. (more...)
VW to cut 30000 jobs worldwide
- November 20, 2016

The company fitted its cars with so-called "default devices" - software that detected when cars were being tested in lab conditions and adjusted the car's settings to make it more fuel efficient. The settlement will also pay for environmental penalties and research on zero-emissions vehicles. One reason often cited for VW's higher cost-base and headcount is the role that employee representatives play at the company. (more...)
Mr Modi's demonetisation move reflects his commitment to the cause Mr Modi's demonetisation move reflects his commitment to the cause
- November 20, 2016

Proceedings in both the houses in the Parliament were a virtual washout on Friday due to noisy protests by opposition members over the issue. Day after day, debates have been taking place and photographs of the people standing in long queues have been publicized with mischievous headlines and sidelines. (more...)
SNL Mocks Mike Pence Getting Booed at 'Hamilton'
- November 20, 2016

At the end of the performance, actor Brandon Victor Dixon, who plays Vice President Aaron Burr, took to the stage and acknowledged Pence's presence and added , "We hope you will hear us out". The attention paid to the " Hamilton " protest prompted some objections that reporters were giving too much weight to the president-elect's temper tantrum and not enough to the lawsuit or the many financial conflicts of interest he has shown no interest in resolving before he takes office. (more...)
Volkswagen to cut 30000 jobs to save $3.9 bn
- November 20, 2016

Volkswagen made an agreement with the USA authorities to pay $15 billion, which would also go to approximately 500,000 vehicle owners that have software that would turn off emissions controls. The company said that the plan is the most radical in its history. "This is a big step forward, maybe the biggest in the company's history", VW brand chief Herbert Diess told Automotive News . (more...)
Arkansas Unemployment Unchanged at 4 Percent in October Arkansas Unemployment Unchanged at 4 Percent in October
- November 20, 2016

Statewide unemployment rates edged higher in October, the state Labor Department reported Thursday, even as the nation's jobless rate dipped. Iowa's unemployment rate increased through the months of June, July and August, but held steady in September. (more...)
IN employment stable in October IN employment stable in October
- November 20, 2016

In October, the USA unemployment rate decreased, showing a small drop of 0.1 of a percentage point to 4.9 percent from 5 percent. The joblessness rate was up by 0.1 percent compared to September. "Private-sector payroll employment has fully recovered from the last recession, with 28,100 more people employed than during the pre-recession peak". (more...)
Obama Says US to Remain Committed to Defending NATO Allies
- November 20, 2016

Obama's began his address with references to the Greek-American community, referring to his interaction with the ethnic Greeks of Chicago; Greek-Americans' presence in the USA armed forces, the Greek Orthodox Chapel of St. "I've been clear from the beginning of this crisis that in order to make reforms sustainable, the Greek economy needs the space to return to growth and start creating jobs again", Obama said. (more...)
Obama, conceding no fault, struggles to explain Trump's rise
- November 20, 2016

Obama's began his address with references to the Greek-American community, referring to his interaction with the ethnic Greeks of Chicago; Greek-Americans' presence in the U.S. At each stop on his trip, Obama expects to confront apprehension from world leaders who fear Trump could bring about seismic changes in USA foreign policy and withdraw the US from its traditional leadership role. (more...)
Party Rock fire grows to 5714 acres
- November 20, 2016

The Tennessee Department of Agriculture Division of Forestry continues to maintain updates regarding the fires. Some resources from the N.C. Forest Service have already been extended to 21 days. It's even prohibited to park a vehicle off-road where a hot tailpipe might light up dry grass or leaves. "As eastern North Carolina was underwater due to flooding from Hurricane Matthew, the western part of the state has been suffering from a severe drought and now hundreds of acres are burning", ... (more...)
Things You Need To Know About The Post-Election Process In NC
- November 20, 2016

However, it is clear that if Gov. Amid a Republican wave nationally and across the state, Democrats at almost every level of government enjoyed more support in North Carolina's capital county than in previous years. For statewide contests this year, the vote difference must be 10,000 votes or less for a candidate to demand a recount after the county canvass ". (more...)
Russian Economy Minister Dismissed Over Bribery Allegations Russian Economy Minister Dismissed Over Bribery Allegations
- November 20, 2016

Russian state-owned Rossiya 24 ran Ulyukayev's detention as the top story headlined "Fight on corruption", featuring comment from lawmakers who lauded the investigation as a major breakthrough in the long-anticipated clampdown on official graft. (more...)
Train in northern India derails, killing at least 30 people
- November 20, 2016

Prime Minister Narendra Modi on Sunday offered his condolences to the bereaved families who lost their loved ones in the horrific derailing of the Patna-Indore express in Kanpur today, in which nearly 50 people have been killed. Minister of State and senior officials are on their way to the accident site. Union Railway Minister Suresh Prabhu tweeted that an enquiry has been ordered into the accident and that strict action will be taken against all those responsible. (more...)
14 coaches of Patna-Indore express derail near Kanpur, 30 dead 14 coaches of Patna-Indore express derail near Kanpur, 30 dead
- November 20, 2016

My thoughts are with the bereaved families", Modi tweeted . The toll is expected to rise as some of the injured were in a serious condition, railway officials said about the accident that took place at around 3am near Pukhrayan, about 100km from here. (more...)
Oil prices increase amid market optimism
- November 20, 2016

Up until this point, Saudi Arabia which is the largest oil producer in the Organization of the Petroleum Exporting Countries has pressed that Iran's output has reached a peak and due to this it should not receive any significant concessions as part of the agreement. (more...)

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