• China's modernized military could threaten Taiwan, U.S. report says
China's modernized military could threaten Taiwan, U.S. report says

China has tripled its military spending since 2002, hitting roughly £155billion past year. "The biggest concern is that as a lot of these technologies mature...[the Chinese] will reach a point where internally - within their decision-making - they will decide that using military force for a regional conflict is something that is more imminent", t...

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  • China trade talks conclude with signs of progress made
China trade talks conclude with signs of progress made

As producers say they won't let oil stockpiles exceed normal levels, fears of a slowdown in demand is abating as trade tensions ease between the world's top-two economies. Global Times editor Hu Xijin said that of the issues raised, the trade imbalance problem was "solved most smoothly". "Asian stocks jumped after trade talks were extended for...

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  • Dow Jones drops 660 points after Apple forecast adjustment
Dow Jones drops 660 points after Apple forecast adjustment

Since the arrest last month, at the request of the United States, there have been sporadic reports of Chinese consumers shying away from Apple products. In the broader market, the S&P 500 futures fell 1.5 percent. "I think the pricing aspect plays a bigger role when the competitive pressures are intensifying in China".

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  • Apple blames revenue slump on slowing Chinese economy as iPhone sales slow
Apple blames revenue slump on slowing Chinese economy as iPhone sales slow

Cook said other factors will also pull down Apple's revenue, including the timing of its iPhone launches a year ago and a strong dollar that means lower revenues when converted to U.S. In addition, the holiday quarter was big for Apple's wearables business. Apple shares were down 7.5 percent in after-hours trading. The company previously proje...

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  • Airport Back To Normal After Dazzling Transformer Explosion Takes Out Power
Airport Back To Normal After Dazzling Transformer Explosion Takes Out Power

Speaking with Gizmodo by phone, an NYPD spokesperson said there were no reported injuries or deaths in the incident. And the Metropolitan Transportation Authority said in a tweet that No. While many were afraid the illuminated sky was an alien invasion , the New York Police Department confirmed it was a result of a transformer explosion th...

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  • Wall St falls at open after Dow's record-breaking surge
Wall St falls at open after Dow's record-breaking surge

The benchmark S&P 500 had risen sharply, up 5 per cent to 2,468. Hickey does have one painful reminder for investors: Even a 20% gain would leave the S&P 500 below its all-time high. At 10:04 a.m. ET, the Dow Jones Industrial Average . DJI was up 35.68 points, or 0.16 percent, at 21,827.88, a day after the Christmas holiday. Facebook and Am...

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  • Putin issues ominous warning on rising nuclear war threat
Putin issues ominous warning on rising nuclear war threat

He also cited the unsafe tendency of lowering the threshold for using nuclear weapons and the idea of using ballistic missiles with conventional warheads. Her case is a vivid "part of a larger mosaic of Russian influence operations" laid out in part by special counsel Robert Mueller's probe of Russian interference, former Justice Department officia...

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  • Oil prices edge up on hopes global supplies will tighten
Oil prices edge up on hopes global supplies will tighten

The global benchmark crude traded at an $8.33-a-barrel premium to WTI for the same month. UBS forecasts USA crude oil will climb back to $73 a barrel by mid-2019, as supply cuts offset lower demand due to the slowing economy. granting of waivers to countries importing oil from sanctions-hit Iran. January crude was up 41 cents, or 0.8%, at $52.0...

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  • Fake package covers porch pirates in glitter and fart spray
Fake package covers porch pirates in glitter and fart spray

A former NASA engineer and BYU grad had his video go viral this week for creating a glitter bomb trap that tricks thieves trying to steal Christmas gifts. Rober even built four phones into the contraption to work as Global Positioning System tracking and four cameras to watch the thieves' reactions. Their shiny revenge device had to look li...

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  • More produce recalled after possible E. coli outbreak
More produce recalled after possible E. coli outbreak

If you think you or a loved one became sick from consuming a recalled product, call your doctor. Adam Bros. Farming, Inc.is in Santa Barbara County. 'The recall was initiated after it was discovered that sediment from a reservoir near where the produce was grown tested positive for E.

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  • How Will The Leadership Challenge To British PM Theresa May Work?
How Will The Leadership Challenge To British PM Theresa May Work?

What Happens During A Confidence Vote? So far, 174 Tory MPs have publicly said they will vote for her, with 34 publicly against, according to BBC research. There needed to be 48 MPs calling for her to go - out of 315 Conservative MPs - to trigger a confidence vote and this threshold was reached on Tuesday.

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  • United Kingdom disarray: May to face no-confidence vote from her party
United Kingdom disarray: May to face no-confidence vote from her party

Ahead of the vote, the Prime Minister said she would fight the vote "with everything I've got". The results of the vote will be announced at 9 p.m. "Her opening remarks were 'I am not going to hold a snap election", Mr Shelbrooke said. She did not say what she will do if, as many expect, there is an early United Kingdom election triggered by Br...

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  • Marlboro owner Altria makes £1.4bn bet on cannabis
Marlboro owner Altria makes £1.4bn bet on cannabis

The transaction between the two publicly traded companies represents a 45 percent equity stake in Cronos Group at a price of $16.25 (CAD) per share for an aggregate investment by Altria of approximately Dollars $1.8 billion. "An investment of this magnitude provides overall legitimacy to the industry as a whole and should represent a positive c...

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  • China demands Canada release executive of tech giant Huawei
China demands Canada release executive of tech giant Huawei

Supreme Court says Meng appeared in court Wednesday and a bail hearing is scheduled for Friday. "As there is a publication ban in effect, we can not provide any further detail at this time". It says China will closely follow the developments on the case and "take all measures to resolutely protect the legitimate rights and interests of Chinese ...

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  • OPEC members expected to agree oil production cut
OPEC members expected to agree oil production cut

The Organisation of the Petroleum Exporting Countries (OPEC) is meeting at its headquarters in Vienna , Austria, on Thursday to decide its production policy. The cartel and its allies are meeting in Vienna this week, trying to make a tough choice to cut output and support prices, risking the loss of more market share to the U.S.

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  • China vows quick action on United States trade promises: 'The sooner the better'
China vows quick action on United States trade promises: 'The sooner the better'

Among the conflicting assertions that White House officials made was over whether China had actually agreed to drop its 40 percent tariffs on United States autos . He rattled markets on Tuesday, declaring himself "a Tariff Man ", signaling he would impose more levies on Chinese exports if the two countries did not reach a trade agreement.

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  • The US and China
The US and China "took a break" a trade war

One economist said that even with USMCA, "trade is going to be less free in North America than it was when President Trump took office". The deal means the U.S.is unlikely to match China's 40-percent duties on light vehicles built in the US, a move the American government has considered in recent weeks.

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  • Can Trump yank GM's electric vehicle tax credit?
Can Trump yank GM's electric vehicle tax credit?

Hundreds of General Motors workers and their families have gathered in OH for an emotional prayer vigil over the closure of their plant and the loss of 15,000 jobs across the company. "That's OH, and you better get back in there soon'". It's not clear precisely what, or when, action may be taken. The president threatened to eliminate tax credits ...

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  • HRW asks Argentina to probe Saudi Crown Prince over Yemen, Khashoggi
HRW asks Argentina to probe Saudi Crown Prince over Yemen, Khashoggi

Citing judicial sources, Argentine media said it was extremely unlikely that the authorities would take up the case against the crown prince, Saudi Arabia's de facto ruler. The organization says "many of these attacks ... indicate possible war crimes". A U.S. official told CNN Friday that there is still is no smoking gun implicating the...

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  • 'Crime Against Humanity' and 'International Embarrassment': Trump Refuses to 'Believe' Climate Report
'Crime Against Humanity' and 'International Embarrassment': Trump Refuses to 'Believe' Climate Report

The analysis, compiled by government scientists and quietly issued Friday, warns that the US could shoulder hundreds of billions of dollars in costs from unchecked climate change, as floodwaters swamp coastal communities and droughts devastate crops.

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