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With the sell-off, the Dow has wiped out all its gains for the year. This situation is no longer sustainable. President Trump's announcement to impose additional tariffs on China caused global markets to tumble, . China was responding after the United States kicked off what has become a round of tit-for-tat tariffs that is threatening to develop into a trade war between the world's two biggest economies.
  • Trump announces US tariffs on $50 billion in Chinese imports

    Trump announces US tariffs on $50 billion in Chinese imports

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    China has pledged any tariffs will void progress made in recent trade talks between Beijing and Washington and has drawn up its own list of $50 billion in U.S. The president has coordinated closely with China on efforts to get Pyongyang to eliminate its nuclear arsenal. He also met with Mr. Wang and addressed the trade issue.
  • North America to Hold the 2026 FIFA World Cup

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    The joint North American bid was considered a heavy favorite from the outset and earned high marks from FIFA's bid evaluators because it will, in theory, require less construction and lower costs than the Moroccan bid , which carried an estimated price tag above $15 billion .
  • Uber submits patent to detect drunken app users

    Uber submits patent to detect drunken app users

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    The ridesharing company has filed a patent to use artificial intelligence to identify how drunk a passenger is before picking them up. Uber has partnered with organizations including Mothers Against Drunk Driving to encourage more people to call the service than to get behind the wheel after drinking too much.
  • Dennis Rodman gets emotional discussing Trump and Kim

    Dennis Rodman gets emotional discussing Trump and Kim

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    President Trump and North Korean leader Kim Jong Un signed a statement Tuesday promoting "mutual confidence building" to "promote the denuclearization of the Korean Peninsula". But if the president is wrong, he may never admit it. Trump also stressed that he believes he has "helped" the estimated 120,000 people in North Korean prison camps by starting the process of potentially normalizing relations with Pyongyang.
  • This Time Is Different With North Korea. But Better?

    This Time Is Different With North Korea. But Better?

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    Predicting a tremendous success of the summit, Trump said it was "an honor" to meet with Kim face-to-face and that he would have "a terrific relationship" with the DPRK leader. "These discussions that will take place tomorrow between Chairman Kim and President Trump will set the framework for the hard work that will follow".
  • Unpacking Trump-Kim summit

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    Trump says that his one-on-one meeting with North Korean leader Kim Jong Un was "very, very good" and that the two have an "excellent relationship". "Probably, all the attention of our people is on Singapore ". Officials of the two sides held last-minute talks to lay the groundwork for the summit of the old foes, an event nearly unthinkable just months ago, when they were exchanging insults and threats that raised fears of war.
  • Trump predicts ‘tremendous success’ for historic summit

    Trump predicts ‘tremendous success’ for historic summit

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    It's the first ever meeting between a sitting US president and North Korean leader. "She called me and said, 'Dennis, Donald Trump is so proud of you". When I said those things, when I went back home, I got so many death threats ... and I believed in North Korea , and I couldn't even go home, I couldn't even go home, I had to hide out for 30 days, I couldn't even go home.
  • Dennis Rodman arrives in Singapore ahead of Trump-Kim summit

    Dennis Rodman arrives in Singapore ahead of Trump-Kim summit

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    Greg Scarlatoiu, executive director of the US-based Committee for Human Rights in North Korea , and Rabbi Abraham Cooper at the Simon Wiesenthal Centre urged Trump to seek "the complete, verifiable, irreversible dismantlement" of North Korean political prison camps - mimicking the formulation used by the United States in its demand for that nation's denuclearization.
  • Kim summit: Singapore meeting between United States and North Korean leaders nears

    Kim summit: Singapore meeting between United States and North Korean leaders nears

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    Trump was in Canada for the G-7 summit with leaders from Canada, France, Germany, Italy, Japan and the U.K. All seven leaders had worked out a joint statement stressing the importance of a rules-based worldwide trading system. As it happens, the North Korean and the American share a tendency to act unpredictably on the world stage. Pope Francis said on Sunday he hoped a forthcoming summit in Singapore between Trump and Jong Un will lead to peace for Korea.
  • Kim, Trump arrive in Singapore for landmark summit

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    The talks have been portrayed by Trump in recent days more as a get-to-know-you session. "I am on my way to Singapore where we have a chance to achieve a truly wonderful result for North Korea and the World". "The situation demands that all nations and peoples should go out to establish fair global relations", the paper says. The talks are expected to focus at least in part on an eventual deal to dismantle North Korea's nuclear program.
  • Trump forecasts 'nice' outcome from Kim Jong-un summit

    Trump forecasts 'nice' outcome from Kim Jong-un summit

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    Arriving at the Prime Minister's office after 1900 local time, Kim shook hands with Lee and his staff then sat down to begin talks in front of the cameras before the press was ushered out a few minutes later. we were able to complete the preparation for the historic summit". Kim arrived Sunday at the St. Regis hotel, where his close aide has been based as he leads a North Korean advance team arranging security and logistics details.
  • Trump, Kim set to make history

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    Kim's full delegation has not yet been confirmed, but other prominent North Korean officials seen in photos included foreign minister Ri Yong Ho and Kim Chang Son - the man who has been in Singapore in recent weeks negotiating logistical details for the summit.
  • Pompeo tries to reassure North Korea about denuclearization

    Pompeo tries to reassure North Korea about denuclearization

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    Volatility and the Trump-Kim pairing go together like joint statements and the phrase "constructive talks". The leaders are spending the night at hotels about a half-mile apart in the upscale shopping area in Tanglin. Back in North Korea, the running bodyguards always accompany any state vehicle Kim is travelling on and the same was evident during the inter-Korean summit.
  • Kim Jong-un, Trump arrive in Singapore ahead of landmark summit

    Kim Jong-un, Trump arrive in Singapore ahead of landmark summit

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    Kim's personality profile then may well focus into the strategy for the summit, as will Trump's own attitude on the encounter. Kim smiled broadly Sunday evening as he met with Singapore Prime Minister Lee Hsien Loong. White House spokeswoman Sarah Sanders said USA and North Korean officials would hold working-level talks on Monday. The truth is Trump needs success in these talks more than Kim does because Trump has already claimed success on the basis of Kim's offer to denuclearise.
  • Justin Trudeau: We won't be pushed around by Trump

    Justin Trudeau: We won't be pushed around by Trump

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    US President Donald Trump waves as he arrives to board Air Force One to depart for travel to Singapore from the Canadian Forces Base Bagotville, Quebec , Canada , on June 9, 2018 . "Together we should tackle intellectual property theft and look at how we can further reduce red tape, regulatory barriers and tariffs between us - facilitating innovation and investment, to the mutual benefit of business and consumers on both sides of the Atlantic", the letter concludes.
  • Trump slams Trudeau, says USA won’t endorse G7 communique

    Trump slams Trudeau, says USA won’t endorse G7 communique

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    Earlier in the day, Trump had said there should be "tariff free" trade between the G-7 nations, though he did not elaborate on how or whether the USA would reduce barriers. All three trading partners have threatened to retaliate with their own levies against US imports. "We'll win that war 1,000 times out of a 1,000", he said.
  • A one time shot, Trump says of summit with N Korea

    A one time shot, Trump says of summit with N Korea

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    He added: "I know that Kim Jong-un will work very hard to do something that has rarely been done before.Create peace and great prosperity for his land". "It gives me an indication that the hostility by the average Australians against the DPRK is reducing and there's more interest in learning about the country".
  • Flight from Pyongyang lands in Singapore ahead of North Korean leader’s arrival

    Flight from Pyongyang lands in Singapore ahead of North Korean leader’s arrival

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    Matt Kulesza with two North Korean students. But amid the curiosity is an even more fundamental question: Why is he taking this risk at all? It will be the first time an incumbent US President has ever met the North Korean leader. "It's a one-time shot", he said at a press conference, adding that the North Koreans had been working "very well with us". It's "a sign of recognition that the North Koreans have sought for decades".
  • Trump, Trudeau swap jokes but hold firm in trade dispute

    Trump, Trudeau swap jokes but hold firm in trade dispute

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    His new tariffs - 25 per cent on imported steel and 10 per cent on aluminum from Canada , Mexico and the European Union - threaten to drive up prices for American consumers and companies and heighten uncertainty for businesses and investors around the globe.
  • Trump will attend G7 summit but he’s leaving early

    Trump will attend G7 summit but he’s leaving early

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    Russian Federation seemed unconcerned. State news agencies quoted Kremlin spokesman Dmitry Peskov as saying, "We are putting the emphasis on other formats". The point isn't that each of those deals were ideal, but to Trump they were disastrous primarily because they involved the United States joining with other countries in the hopes that everyone could emerge better off.
  • France's Macron seeks to forge European front against Trump

    France's Macron seeks to forge European front against Trump

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    President Donald Trump comes to this week's Quebec G7, which begins Friday, touting an America First agenda that hits U.S. allies with trade tariffs and threatens multilateral free trade deals. Gauthier, who worked in the aluminum industry for 31 years before his retirement, said people in the region want to be like "cousins" with the Americans and take part in free trade for the benefit of both countries.
  • ZTE Escapes US Ban, Will Pay New $1 Billion Fine

    ZTE Escapes US Ban, Will Pay New $1 Billion Fine

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    On Tuesday, Commerce Department spokesman James Rockas confirmed that "no definitive agreement [had] been signed by both parties ". Although not specifically stated, the announcement implies that ZTE will no longer be banned from selling technology to other countries and that American companies will no longer be banned from selling components to ZTE, either.
  • Kudlow: Trump Is 'Seriously Contemplating' Separate Trade Deals with Mexico and Canada

    Kudlow: Trump Is 'Seriously Contemplating' Separate Trade Deals with Mexico and Canada

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    It's always perilous when the president of the United States decides to deploy his storehouse of information on subjects other than real estate, golf, or beauty pageants. Twenty percent of the poll's participants stated they didn't know or had no opinion on the subject. Officials in Brussels, who are leading the member states' response, said nations had given broad support for a plan to set duties on €2.8bn (£2.5bn) of U.S.
  • Trump's trade tensions with G7 'a family quarrel,' Kudlow says

    Trump's trade tensions with G7 'a family quarrel,' Kudlow says

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    Instead, he said, industry officials demanded that the government take counter-tariffs as soon as possible. Some further tariffs will come into force on July 5. Bosco de la Vega, head of Mexico's National Agricultural Council, the country's main farming lobby, said Mexico had sanitary agreements for pork legs with 11 countries, and that Brazil, a major pork producer, was not on the list.
  • British PM tells Trump steel tariffs are 'unjustified'

    British PM tells Trump steel tariffs are 'unjustified'

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    Trump , meanwhile, broadened his trade tirades on Twitter into agriculture, writing: "Canada has all sorts of trade barriers on our Agricultural products". He said he hasn't talked to the federal government yet about the possibility of federal financial support for producers in Canada's metals sector. The Koch's network of organizations - Americans for Prosperity, Freedom Partners Chamber of Commerce and the LIBRE Initiative - now say they will be spending the rest of 2018 and millions of ...
  • Download iOS 12 Wallpaper

    Download iOS 12 Wallpaper

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    With iOS 12 you can create your own customizable character to mimic your own appearance. Finally . Yes. This is not a drill. For those don't own any Apple devices, there's still an option available for you. A new feature called Shortcuts allows app to integrate themselves into Siri . Siri will also suggest that you add appropriate skills to your Shortcuts.
  • European stock markets extend recovery

    European stock markets extend recovery

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    USA markets were closed Monday for the Memorial Day holiday. In a move that raised the possibility of a snap election in Italy, President Sergio Mattarella rejected the coalition's nomination of Paolo Savona as finance minister. Dialog's shares have slumped almost 40 percent so far in 2018, following a loss of 35 percent in 2017. US government bond prices jumped as investors moved money into lower-risk assets.
  • Apple reveals iOS 12 - The big upgrades

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    Basically, it is going to be a big show, so make sure you're in the loop by watching the WWDC 2018 livestream today - to find out how to watch it, no matter which device or platform you are using, then read on. Screen Time would also allow parents to limit access to some apps and websites. People can set time limits on specific apps and get alerts reminding them to stop using that software as the limit approaches.
  • United States isolated at G-7 meeting as tariffs prompt retaliation

    United States isolated at G-7 meeting as tariffs prompt retaliation

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    President of the European Commission, Jean-Claude Juncker, said in a statement: "The EU believes these unilateral US tariffs are unjustified and at odds with World Trade Organisation rules". They will be "hit hard" by the new U.S. tariffs, according to UK Steel Director Gareth Stace. He added Canada would challenge the "illegal" measures under North American Free Trade Agreement and the World Trade Organisation rules, and finished by taking a swipe at Trump's leadership style.
  • After Months Of Talks, Italy Has A New Coalition Government

    After Months Of Talks, Italy Has A New Coalition Government

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    Above all, this abruptly opened all Italians' eyes to something that everyone should have understood for years: By joining the EU, Italy accepted the limitation of its sovereignty. "The immigration question is still hot, so I will ask all who are concerned with it how we can improve it", he said. Salvini's post included his familiar hashtag, #Italiansfirst.
  • US slaps 25 per cent tariff on Canadian steel

    US slaps 25 per cent tariff on Canadian steel

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    The countermeasures will hit US hot and cold rolled steel, plated steel and tubes, the ministry said. "And we are working very hard to remind our American partners that we have such an integrated procurement supply chain that it's very difficult to fathom that there would be a security risk imposed by Canada ".
  • Fears over Italy turmoil spread through global markets

    Fears over Italy turmoil spread through global markets

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    The pressure has had a knock-on effect on the Euro, as the third biggest economy in the Eurozone has 130% debt-to-GDP ratio. Italy is advancing swiftly towards a populist government on its second try after 5-Star Movement and League leaders announced a compromise deal.
  • Starbucks Closing 8000 Stores for Antibias Training

    Starbucks Closing 8000 Stores for Antibias Training

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    Starbucks has also made it clear that this is only the beginning for their sensitivity training. "As soon as it happened, I grabbed my phone and said we need an emergency meeting", Pugh said, calling an emergency meeting to discuss anti-bias measures with his employees.
  • Mexico aims tariff countermeasures at key Republican-contested districts

    Mexico aims tariff countermeasures at key Republican-contested districts

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    International Trade Secretary Liam Fox, who spoke to the USA commerce secretary yesterday, said the United Kingdom would not rule out counter-measures over the "patently absurd" tariffs . The EU said on Thursday it will impose retaliatory duties, a measure the bloc earlier indicated would target $3.3 billion in American products from Harley-Davidson Inc.
  • Mexico strikes back after U.S. announces tariffs on steel, aluminum

    Mexico strikes back after U.S. announces tariffs on steel, aluminum

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    The announcement led to promises of action from major American allies, rising trade tensions and a drop in stock prices. The European Union has previously said if Trump moved forward with his threat then the EU could in turn slap tariffs on products like peanut butter, orange juice and other goods.
  • Talks held in Italy amid political crisis

    Talks held in Italy amid political crisis

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    As bond prices plummeted, yields on Italy's two-year bonds shot up sharply. Markets have been wrestling this week with the implications of an Italian governing crisis, which sent its government bonds spiraling down earlier this week and hit the euro and other risk assets.
  • Oil Drops As Saudi-Russia Output Plan Rattles Investors

    Oil Drops As Saudi-Russia Output Plan Rattles Investors

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    OPEC wants to world to know that it is in control and has the power to raise output just enough to replace supply lost to the turmoil in Venezuela and the sanctions on Iran . OPEC knows from experience that pushing the price too high will bring on a flood of new USA drilling and the cartel will be stuck back in 2014 when prices collapsed into the $40 range.
  • It's GDPR Day. Let the privacy regulation games begin! - Security Bytes

    It's GDPR Day. Let the privacy regulation games begin! - Security Bytes

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    But it doesn't have to be this way. On the business side, companies are rushing to renegotiate contracts with suppliers and service providers because GDPR increases their liability if something goes wrong. It's unlikely that Google and Facebook will be fined anywhere near that much given who they are and the European Union regulator's stated intentions of working with organisations rather than penalising them to start with.