• House passes farm bill, sending it to Trump’s desk
House passes farm bill, sending it to Trump’s desk

While the legislation wouldn't change the age limit or work requirements for food aid recipients able to work and without dependents, it would require governors to sign off on state requests for work requirement waivers in areas with high unemployment.

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  • Will try to uphold credibilty and autonomy of RBI: Shaktikanta Das
Will try to uphold credibilty and autonomy of RBI: Shaktikanta Das

A key issue that created a rift between the RBI and the government was the prompt corrective action ( PCA ) framework under which as many as 11 public sector Banks are placed now due to enormous stressed assets. "There again, I think that will be an area, where one has to interact with stakeholders and get an internal feedback and then take a v...

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  • China orders up to 2 million tons of American soybeans, USA says
China orders up to 2 million tons of American soybeans, USA says

According to the chief Asia economist of Pantheon Macroeconomics Ltd., Freya Beamish, last week's events had conspired to derail the fragile truce between the United States and China, however, both countries are focused on maintaining the truce.

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  • Opec To Decrease Oil Output By 1.2m Barrels A Day
Opec To Decrease Oil Output By 1.2m Barrels A Day

It traded at US$62.87 a barrel by 9:07 a.m. That marked the EIA's first reported weekly supply decline in 11 weeks. "I have also seen him at three times at various energy events in India where he was very vocal", Al Falih said. The Hook meeting, just 24 hours before OPEC was scheduled to meet, threatened to scuttle an agreement, said Helima Cro...

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"I Would Certainly Intervene" In Huawei Trial to Secure China Deal

Trump's comments will intensify the scrutiny of Canada's role in the U.S. During the Senate Judiciary Committee hearing on Wednesday, Blumenthal asked Demers and two other senior US intelligence officials whether they believe "that kind of statement sends a risky message to our law enforcement community".

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  • Google CEO tells Congress why Trump comes up on searches for 'idiot'
Google CEO tells Congress why Trump comes up on searches for 'idiot'

Zoe Lofgren also had some questions for Pichai on how Google's search engine works. "We evaluate our studies and our research results", said Mr Pichai . The tech executive explained that no one "manually intervenes on a particular search result" - saying that means there is no political bias. The CEO also insisted that Google's sea...

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  • Canada arrests Huawei CFO, to extradite her to US
Canada arrests Huawei CFO, to extradite her to US

Geng also says Meng's legal rights must be ensured, adding that neither Canadian nor American officials had so far responded to China's concerns. China's embassy in Canada said it resolutely opposed the arrest and called for Meng's immediate release.

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  • OPEC output decision delayed until Russian Federation talks
OPEC output decision delayed until Russian Federation talks

It fell further on Thursday after OPEC's lack of action and amid broader concerns about global economic growth. Minister of Energy, Industry and Mineral Resources of Saudi Arabia and chairman of Saudi Aramco, Khalid A Al-Falih recently spoke about reduced crude oil prices and mentioned that Prime Minister Narendra Modi was among the vociferous le...

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  • China’s Xi to send special envoy to Mexican…
China’s Xi to send special envoy to Mexican…

The White House statement said China had agreed to purchase a "very substantial" amount of American products, including "agricultural product from our farmers immediately". "It will have an incredibly positive impact on farming, meaning agriculture, industrial products, computers, every type of product". With the White House warning that followin...

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  • Fed chair indicates United States interest rates near neutral
Fed chair indicates United States interest rates near neutral

Powell's comments may assuage concerns about the Fed possibly going too far with rate increases, a criticism leveled by President Donald Trump . President Trump argued that the Fed's policies were damaging the economy and pointed to the recent stock market correction. In an interview this week with The Washington Post , Trump said he was n...

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  • China trade war begins to thaw as new tariffs halted
China trade war begins to thaw as new tariffs halted

The Qualcomm issue was not addressed by the Chinese government's top diplomat at a news conference in Buenos Aires on Saturday night. The 10-year U.S. China reaffirmed that the agreement held "great significance". Meanwhile, Xi has cultivated an outward-looking posture that aims for cooperation and compromise, embracing the virtues of eco...

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  • Qatar to exit OPEC in January to focus on gas production
Qatar to exit OPEC in January to focus on gas production

Qatar said on Monday (Dec 3) it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group's de facto leader Saudi Arabia and marring efforts to show unity before this week's meeting of exporters to tackle an oil price slide.

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  • George H.W. Bush's Service Dog, Sully, Is Honored: 'Mission Complete'
George H.W. Bush's Service Dog, Sully, Is Honored: 'Mission Complete'

The socks feature a formation of jets, which are meant to honor his lifetime of service that started when he became a naval aviator at 18 years old. "Thank you for your service, Mr. In lieu of flowers, the Bush family has requested that donations be made to the George Bush School of Government and Public Service at Texas A&M University.

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  • Russian Federation accepts need for oil cuts, bargains with Saudi on details
Russian Federation accepts need for oil cuts, bargains with Saudi on details

While US crude futures were hovering at $50.29 a barrel, global benchmark Brent crude ended at $58.76 a barrel on Wednesday. US crude production C-OUT-T-EIA is at a record high of 11.7 million barrels per day (bpd). Riyadh, however, has come under renewed pressure from US President Donald Trump, who asked the kingdom to refrain from output redu...

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  • Auto tariffs being considered after GM layoff plans
Auto tariffs being considered after GM layoff plans

The Trump administration ordered a review of the retaliatory auto tariffs enacted by China and singled out General Motors suggesting they could have prevented the layoffs and plant closures by following the businesses practices of other vehicle companies.

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  • TRUMP STRIKES BACK: The President Considers 'Cutting' All GM Subsidies over Closures
TRUMP STRIKES BACK: The President Considers 'Cutting' All GM Subsidies over Closures

United States president Donald Trump blasted General Motors (GM) for making plans to close seven production plants, including four in the USA, and demanded that the firm find a vehicle that sells in sufficient quantities to be able to increase the company's activities in OH, a key U.S.

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  • GM Closing Lordstown Plant In 2019, Cutting Thousands Of Jobs
GM Closing Lordstown Plant In 2019, Cutting Thousands Of Jobs

Plants that will be "unallocated" in 2019 include Lordstown, as well as Detroit-Hamtramck in MI and Oshawa Assembly in Ontario, Canada. The layoffs will hit 8,000 white-collar employees and at least 5,900 blue-collar workers. GM will also prioritize electric auto development and concentrate on five models that account for three-quarters of the auto...

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  • Snowstorm closes schools, grounds flights, triggers state of emergency
Snowstorm closes schools, grounds flights, triggers state of emergency

As the storm passed through Kansas on Sunday evening, the National Weather Service lifted blizzard warnings from the state and declared them in parts of northeast Missouri, including St. But south of Wisconsin, up to a foot of snow was expected in Chicago , including wind gusts of up to 50 miles per hour (80 kph). McHenry County saw the largest ...

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  • Energy and tech sell-off wipes out 2018 gains
Energy and tech sell-off wipes out 2018 gains

The S&P 500 index lost 38 points, or 1.4 per cent, to 2,652 as of 1:15 p.m. In Asia, Japan's benchmark Nikkei 225 dropped 0.4 per cent and the Kospi in South Korea was down 0.3 per cent. Apple fell 4 percent and Amazon gave back 5.1 percent. The S&P 500 ended higher on Wednesday after a brutal two-day selloff, led by a rebound in energy and ...

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  • Climate change will severely affect United States economy
Climate change will severely affect United States economy

The report, which was mandated by Congress and made public by the White House , is notable not only for the precision of its calculations and bluntness of its conclusions, but also because its findings are directly at odds with President Trump's agenda of environmental deregulation, which he asserts will spur economic growth.

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  • Amazon and Microsoft make it easier for Indians to make a call
Amazon and Microsoft make it easier for Indians to make a call

To start using the services, the user needs to link Skype with their Alexa account and then follow the instructions mentioned below. Following its initial announcement in September, it looks like Skype calling is almost ready to roll out to Amazon Echo devices .

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  • Holiday Storm Chances and Travel Forecast
Holiday Storm Chances and Travel Forecast

Across South Florida there is only a slight chance of showers Thursday morning, increasing to 20 percent later in the day, according to the National Weather Service . AccuWeather is predicting a low of 15 and a high of 24 in Boston on Thanksgiving Day . Tonight, temperatures will hover around the upper 20s and lower 30s.

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  • Spanish PM repeats threat to vote no to Brexit over Gibraltar
Spanish PM repeats threat to vote no to Brexit over Gibraltar

But Picardo warned Thursday that the sovereignty of the British territory at the southern tip of the Iberian Peninsula is non-negotiable. DUP lawmaker Sammy Wilson said the votes were "designed to send a political message to the government: Look, we've got an agreement with you but you've got to keep your side of the bargain".

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  • Can We Expect A Major Rebound In Crude Oil Prices?
Can We Expect A Major Rebound In Crude Oil Prices?

The hedge fund and commodity fund money managers cut its combined futures and options positions on USA and Brent crude during the week-ended November 13 to the lowest level since June 27, 2017. "I never really understood the premium behind some kind of friction between United States and Saudi Arabia from a policy standpoint". Eight successive...

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