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Turkey doubles tariffs on some US imports; Turkish lira rallies

Turkey doubles tariffs on some US imports; Turkish lira rallies

The decree said the move brought tariffs to 50 percent on imports of United States rice, 140 percent on hard alcoholic drinks like spirits, 60 percent on leaf tobacco and 60 percent on cosmetics. ...

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Trump Says He Is in ‘No Rush’ to Renegotiate Nafta

Trump Says He Is in ‘No Rush’ to Renegotiate Nafta

U.S. Trade Representative Robert Lighthizer gestures as he testifies before Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the proposed budget estimates...

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Equities enjoy breather as Turkish lira rebounds

Equities enjoy breather as Turkish lira rebounds

Turkish vice president Fuat Oktay said on Twitter that the tariffs on certain products were increased "within the framework of the principle of reciprocity in retaliation for the deliberate econom...

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Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

Bitcoin And Ether Show Lack Of Momentum As Crypto Market Drops

While there was no major weekend rally to speak of, the gains over the weekend cut the deficit for the week and of greater significance was the clear level of support at sub-$6,300 levels, any pullbac...

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Turkey invites United States to panel in WTO

Turkey invites United States to panel in WTO

Investors are anxious that about Erdogan's control over the central bank and his pressure to keep it from raising interest rates. The tensions and the tariff hike by the USA have caused the Turkish...

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China to send negotiator to U.S. for trade talks this month

China to send negotiator to U.S. for trade talks this month

China's commerce ministry reiteratedthat Beijing opposed trade protectionism and would not accept any unilateral trade restrictions. Those tariffs will be the latest action in an ongoing tit-for-t...

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Unemployment falls significantly in East of England

Unemployment falls significantly in East of England

The number of people in employment is high while vacancies have hit a new record. There were 2.28 million European Union nationals working in this country in the quarter to June, 86,000 fewer than...

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Corona beer owner to pour $4bn into weed

Corona beer owner to pour $4bn into weed

US-listed shares of Canopy Growth, whose brands include Tweed and Bedrocan, jumped about 37 percent to $36.20 in heavy premarket trading. As a result of the new shares Constellation is acquiring, ...

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Russian Federation ‘willing’ to lift visa for Turkish citizens

Russian Federation ‘willing’ to lift visa for Turkish citizens

We must conduct the fight against terrorists together", Cavusoglu said in the press conference. UN Special Envoy for Syria Jan Egeland announced last week that Turkey, Russia and Iran agreed to "do ...

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Turkey's Erdogan pledges USA electronics boycott, gets closer with Russian Federation

Turkey's Erdogan pledges USA electronics boycott, gets closer with Russian Federation

Erdogan , however, did not announce any government action towards a boycott. President Recep Tayyip Erdogan on Tuesday said Turkey would boycott U.S. Turkey's president appeared to escalate a disp...

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White House denounces Turkey tariffs on U.S. products

White House denounces Turkey tariffs on U.S. products

A 100 Turkish lira banknote is seen on top of 50 Turkish lira banknotes in this picture illustration in Istanbul , Turkey August 14, 2018. Washington´s move came during an ongoing dispute over Tu...

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Anger at Italy bridge operator as hunt for survivors goes on

Anger at Italy bridge operator as hunt for survivors goes on

Deputy Prime Minister Matteo Salvini warned that whoever was responsible would have to "pay dearly" after an 80-yard section of the Morandi Bridge in Genoa fell following a violent storm Tuesday. "In...

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Erdogan spokesman says problems with US will be resolved

Turkey said Wednesday it was imposing extra tariffs on imports of products, including rice, vehicles, alcohol, coal and cosmetics. Turkey's Foreign Minister Mevlut Cavusoglu said ties with the bloc...

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Colorado 'Thrilled' To Welcome VF Corp.'s New Global Headquarters

Colorado 'Thrilled' To Welcome VF Corp.'s New Global Headquarters

At the time, the company was shrouded in secrecy. "Yes, we've seen an increase in companies relocating from California, for instance, for a better cost of living and operational costs as well as fin...

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Qatar's emir heads to Turkey for talks with Erdogan

Qatar's emir heads to Turkey for talks with Erdogan

Turkish President Tayyip Erdogan attends a news conference in Ankara, Turkey, August 2018. A list published in Turkey's official Gazette on Wednesday raised tariffs on tobacco products to 60 perce...

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Turkey doubles tariffs on some USA imports; Turkish lira rallies

Turkey doubles tariffs on some USA imports; Turkish lira rallies

His detention has fractured relations with Washington, with U.S. President Donald Trump bringing in a raft tariffs for Turkey in punitive actions against Ankara's refusal to release Brunson. "The ...

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Rail fares increase: What it means for Edinburgh commuters

Rail fares increase: What it means for Edinburgh commuters

The rail fare increase now means that a season ticket from London to Birmingham will be nearly £3,000 more expensive than in 2010. Unions, which planned to stage protests at stations across the coun...

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White House economic office faces criticism over incorrect African American economic figures

The U.S. economy actually added about 3 million jobs for black workers during Obama's tenure, according to the Bureau of Labor Statistics . "When President Obama left, after eight years in office - e...

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Turkey increases tariffs on some United States imports

Turkey increases tariffs on some United States imports

He speaks of "economic war" and a "campaign" waged by external powers created to weaken Turkey . It's not clear how Erdogan would enforce the boycott, the AP noted. Tariffs have been imposed on 22...

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Turkey to boycott USA electronic goods

As of 0353 GMT on Wednesday, an index that tracks the dollar against the euro, yen and four other currencies.DXY rose 0.1 percent to trade as high as 96.862, its highest level since reaching 97.447 on...

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Retail inflation slows to 9-month low at 4.17%

Retail inflation slows to 9-month low at 4.17%

With this decline, and a higher industrial production growth rate in June, the chance of another policy rate hike in October has faded. The central bank had, in its third bi-monthly monetary policy ...

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Jury Finds Monsanto’s Roundup Responsible for Man’s Cancer

Jury Finds Monsanto’s Roundup Responsible for Man’s Cancer

The share price of German agrochemicals giant Bayer AG has dropped by more than 10 percent on Monday after a US court ordered its subsidiary Monsanto to pay a total of 298 million USA dollars in d...

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Price of gold hits 17-month low despite Turkish crisis

Price of gold hits 17-month low despite Turkish crisis

The index tracking the dollar against a group of six major currencies hit highest since June 27, 2017 of 96.862 on Wednesday. Spot gold had dropped 0.3 percent to $1,207.41 an ounce by 0335 GMT, hov...

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Home Depot roars back in the second quarter

Home Depot roars back in the second quarter

He did not cite the source of the data. Menear said a majority of seasonal sales that were lost in the first quarter were recovered in the second. The company's sales rebounded from the first quar...

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Turkey doubles tariffs on some USA imports over economy 'attacks'

Turkish Vice President Fuat Oktay said on Twitter that the measures were in response to "the deliberate attack of the USA administration on our economy". The currency has now stabilized at around 6.50...

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Turkey's Erdogan to boycott US electronics

Turkey's Erdogan to boycott US electronics

Erdogan also said Turkey was boycotting United States electronic products. He urged Turks to buy local or Korean mobile phones, instead of American iPhones . "Together with our people, we will stand ...

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OPEC output rises on Nigeria, Kuwait supplies

OPEC output rises on Nigeria, Kuwait supplies

The battle of wills between Tehran and the Trump administration intensified Monday, as Iranian officials privately admitted they will soon sell discounted oil and gas to Asian customers as they brac...

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Independent Sen. Bernie Sanders wins Vermont Democratic nod

Independent Sen. Bernie Sanders wins Vermont Democratic nod

She is already listed as an independent on the November ballot. "As he has for many campaigns, Bernie will contribute to and participate in the Vermont Democratic coordinated campaign". Jasdeep Pann...

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Turkey's Erdogan pledges boycott on U.S. electronics

Turkey's Erdogan pledges boycott on U.S. electronics

Erdogan, however, did not announce any government action towards a boycott. The president's comments came after diplomats from both sides met Monday to calm tensions. Turkey's ambassador to Washing...

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Nvidia announces the Turing architecture and its first ray tracing GPUs

Nvidia announces the Turing architecture and its first ray tracing GPUs

The NVIDIA Quadro RTX series of cards are designed for user by designers, artists and animators and other creative professionals who might be working in areas such as computer animation or videogame...

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