https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/Why-Ripple-XRP-Is-Destined-To-Reach-5-in-2019-696x449.jpg

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By CryptoCompare's reckoning - which takes into account the massive stash of pre-mined XRP still being held in the coffers of it creator, Ripple Inc. In February, crypto derivatives platform BitMEX also warned investors that Ripple's payment network architecture will likely "remain unstable and [its] trust networks are unlikely to be regarded as reliable".
  • Trump announces new tariffs on $200 billion in Chinese goods

    Trump announces new tariffs on $200 billion in Chinese goods

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    Apple had said the United States tariffs would affect prices for a "wide range" of Apple products, including its Watch, in a letter commenting on administration proposals earlier this month. economy. The Global Times, a state-owned Chinese tabloid, said in an editorial on Monday: "We are looking forward to a more lovely counterattack and will keep increasing the pain felt by the U.S.".
  • China will hit back at any new U.S. tariffs: ministry

    China will hit back at any new U.S. tariffs: ministry

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    Alleging that China has been unwilling to change its unfair trade practices, Trump said the new additional tariff structure would be effective September 24 from when it would be at 10 percent until the year end, but would increase to 25 per cent level from January 1.
  • More volunteers from NE Ohio deployed to help with Hurricane Florence efforts

    More volunteers from NE Ohio deployed to help with Hurricane Florence efforts

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    She says it's important to pre-position people and supplies to areas that may get hit hard. The American Red Cross , for example, will consider bulk donations of water, blankets, and diapers. "There's a lot of rivers that run from North Carolina into SC". Platelet and type O positive blood donations are critically needed right now. Be sure to research the organization to which you are considering donating.
  • Estos son los precios de los nuevos iPhone

    Estos son los precios de los nuevos iPhone

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    Así que aquellos que quieran darse el lujo de tenerlo tendrán que hacer un gran esfuerzo. En ambos casos, las preventas por ellos iniciarán este viernes y su venta comenzará el 21 de septiembre . El modelo iPhone Xr incorpora un chip A12, una cámara de 12 megapixeles pero sólo un lente. El XR estará disponible en versiones con 64, 128 y 256 gigas.
  • Fly through Florence's fury with a hurricane hunter airplane

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    North and SC are anticipated to bear the brunt of Florence, which the National Hurricane Center said had strengthened to a Category 3 storm. The storm is now 905 miles east-southeast of Cape Fear, North Carolina , with landfall predicted between Charleston, South Carolina and Norfolk, Virginia .
  • Goldman Sachs CFO sheds light on bank’s crypto strategy following recent report

    Goldman Sachs CFO sheds light on bank’s crypto strategy following recent report

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    For example, the price of the coin of Ethereum , Ether fell in value by 13 percent as per the latest reports . "A lot of retail investors' hopes for a bigger institutional presence were really being driven by Goldman Sachs ". At the same time, they are working on some form of derivative for bitcoin. Bitcoin has struggled to return to the former heady heights of December 2017 when it was trading at $20,000.
  • Goldman Sachs puts crypto trading desk launch plans on hold

    Goldman Sachs puts crypto trading desk launch plans on hold

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    If and when the first bitcoin ETFs are launched, it's likely that they will see early success, as both cryptocurrency enthusiasts and traditional investors take part. The new report comes on the heels of Bitcoin plunging almost $1,000 to its current price of just over $6,400. Ethereum took an even worse hit, down nearly 19%, Ripple was down more than 12%, and Bitcoin Cash and EOS were both down more than 20%.
  • Tesla shares tumble after Elon Musk smokes weed on comedian live webcast

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    They say his questionable public persona culminated in his dubious claim on Twitter last month that he had "funding secured" to take Tesla private . Along the way, Musk drew a subpoena from the Securities and Exchange Commission, which already had been scrutinizing the public pronouncements he's made regarding manufacturing goals and sales targets.
  • Mercedes takes on Tesla with fully-electric SUV

    Mercedes takes on Tesla with fully-electric SUV

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    The company never hid the fact that concept was meant to preview the real deal, and indeed, it did just that. The exterior styling is quite similar to the GLC but with more of an emphasis on drag reduction. All at the same time as Mercedes was busy revealing the EQC. European auto industry observers believe that the United States made Tesla will be seriously challenged by the likes of Mercedes Benz , BMW and Audi in the luxury vehicle market and Ford and GMH in the mass market.
  • Scooters and bikes best for short trips, says Uber CEO

    Scooters and bikes best for short trips, says Uber CEO

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    Scoot , which now operates an electric moped rental service in San Francisco and Barcelona , proposed including helmets with each scooter rental along with free in-person training. David Martin, the city's Planning and Community Development director, will make the final decision about which companies will participate in the 18- month pilot program , which will also require the operators to pay a base fee - estimated at $20,000 - along with per-device charges.
  • Mexico says again it will never pay for wall

    Mexico says again it will never pay for wall

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    The 3 countries have been renegotiating NAFTA for just over a year at the behest of Trump , who calls the 1994 trade pact a "terrible deal" that he blames for sending USA manufacturing jobs to Mexico. Negotiators have worked for a year to update and rewrite NAFTA but in the last five weeks Washington and Mexico City held talks to resolve their bilateral issues, especially on the auto industry rules, without Ottawa.
  • Canada, US Push Toward NAFTA Deal by Friday

    Canada, US Push Toward NAFTA Deal by Friday

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    Officials had appeared to be on track to reach a deal that would rewrite the North American Free Trade Agreement, but in a freakish twist, inflammatory comments from President Donald Trump angered Canadian officials and threatened to upend the talks.
  • Treasury’s Mnuchin Hopeful Trade Deal With Canada Will Get Done

    Treasury’s Mnuchin Hopeful Trade Deal With Canada Will Get Done

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    Though details of the new agreement are still unclear, it will predictably become less profitable for Canada than under NAFTA , which was condemned by the United States president as the " single worst deal ever approved ". (The Administration said Monday that it believes that it has met its legal requirement). First, though Trump declared NAFTA dead, only Congress can actually undo the legislation that created the three-way trade bloc in 1994.
  • Asian markets cautiously optimistic on U.S.-Mexico trade deal

    Asian markets cautiously optimistic on U.S.-Mexico trade deal

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    The White House appearance included a phone call with Mexican President Enrique Pena Nieto, who stressed the importance of an agreement that includes Canada . Today he again vowed to raise auto tariffs on Canada if it refuses to revise unfair levies of almost 300 percent on some American goods, among other unfair practices.
  • Preliminary U.S.-Mexico trade deal leaves trail of uncertainty

    Preliminary U.S.-Mexico trade deal leaves trail of uncertainty

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    Promising that Canada would "continue to work toward a modernized NAFTA", a spokesman for the Canadian foreign minister said that, "We will only sign a new NAFTA that is good for Canada and good for the middle class". NAFTA reduced most trade barriers between the three countries. The White House told Congress a year ago that it would renegotiate NAFTA, but never said it would start talks on an entirely new deal.
  • Donald Trump announces new trade deal with Mexico

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    Earlier on Monday, Trump had tweeted about "A big deal looking good with Mexico ". After Donald Trump's announcement today of a breakthrough in trade talks with Mexico, the statement issued by Canadian Foreign Minister Chrystia Freeland's office ended with four seemingly incongruous words: "Canada's signature is required".
  • Fed policymakers see rate hikes on the horizon

    Fed policymakers see rate hikes on the horizon

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    Fed funds and eurodollar futures prices indicate financial markets expect only one rate hike next year, leaving rates in a range of 2.50 percent to 2.75 percent by mid-2019, up from the Fed's current target of 1.75 percent to 2.00 percent. Fed Chairman Jerome Powell was to give the conference's keynote address yesterday morning, with investors focused on what he might signal about the future path of rate hikes in light of Trump's comments and economic developments.
  • Trump's bad week: President's men turn against him

    Trump's bad week: President's men turn against him

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    Following previous reports that Weisselberg had testified before a grand jury earlier this year, the Wall Street Journal broke the immunity revelation on Friday. Trump, who had previously said that Cohen would remain loyal to him and "never flip" mocked his former lawyer, calling his professional competence into question.
  • Impeach me and the market crashes

    Impeach me and the market crashes

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    US President Donald Trump warned on Thursday (Aug 23) of a stock market crash if he were removed from office, playing his ace card - the economy - to stave off talk of impeachment. On Thursday Trump ignored questions from the press on the issue. "They were friends", Ms Earhardt said in an appearance on Fox News's "Hannity" programme on Wednesday night.
  • How to dump your prime minister - the Australian way

    How to dump your prime minister - the Australian way

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    Mr. Turnbull narrowly survived a vote against a senior government colleague on Tuesday, but is now likely to face a second leadership challenge, reports the BBC. He is yet to publicly respond to the latest threat to his rule, although broadcaster ABC reported that he turned down the demand for another party meeting during the phone call.
  • Donald Trump, White House deny wrongdoing after Michael Cohen plea deal

    Donald Trump, White House deny wrongdoing after Michael Cohen plea deal

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    In a drama that played out simultaneously across two USA cities, a court found one former aide guilty of eight charges, while the other pleaded guilty to another eight charges stemming from a federal investigation into the 2016 U.S. The reality? The crimes are real, and Cohen could face time in a very real prison. Did they come out of the campaign? In July, Cohen's attorney, Lanny Davis, made public a secretly recorded conversation that Cohen had with Trump in 2016 in which they are heard ...
  • Australian Prime Minister Malcolm Turnbull fights for survival after leadership challenge

    Australian Prime Minister Malcolm Turnbull fights for survival after leadership challenge

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    Mr Turnbull told a news conference he has asked for a letter from the MPs who want another vote, and if he gets that he will hold a party meeting tomorrow. He declined to endorse a successor amid reports Treasurer Scott Morrison will also seek the leadership in the event of a ballot. Dutton and his camp, including former prime minister Tony Abbott who once described climate change as "absolute crap", have also made clear keeping power prices down was more important than meeting ...
  • Trump says Cohen payments came from him, not campaign

    Trump says Cohen payments came from him, not campaign

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    Donald Trump accused his former lawyer Michael Cohen Wednesday of making up "stories" to cut a plea deal, after the longtime fixer implicated him in campaign finance violations on perhaps the worst day of his tumultuous presidency. Jerry Falwell Jr., the president of Liberty University and a Trump confidant, shrugged off the legal developments. Jeff Flake of Arizona and Bob Corker of Tennessee.
  • Fed Chair Powell's take on economy is awaited as risks loom

    Fed Chair Powell's take on economy is awaited as risks loom

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    The EIA cut its 2018 USA crude production growth forecast on August 7 to 10.68 million barrels per day (bpd) from 10.79 million bpd amid lower crude prices. Hartford Financial dropped 4.1 percent after the insurer said it will buy Navigators Group in a $2.1 billion. The Federal Reserve operates independently of the government, as it is sometimes compelled to make interest-rate decisions that are meant to be good for the economy in the long run but that may be politically unpopular.
  • Trump renews criticism of Turkey over USA pastor

    Trump renews criticism of Turkey over USA pastor

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    Turkey is calling for the U.S.to extradite a Pennsylvania-based Muslim cleric accused engineering a 2016 coup attempt. Turkish President Recep Tayyip Erdogan has accused the U.S. Turkey, for its part, denounced the "economic war" and said it would find " new friends and allies". Standard & Poor's is scheduled to release a review of Turkey's sovereign credit rating after market close on Friday .
  • Turkish lira weakens as U.S. warns of new sanctions over detained pastor

    Turkish lira weakens as U.S. warns of new sanctions over detained pastor

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    The US has threatened to impose more economic sanctions on Turkey if it does not free a detained American pastor. Analysts also said the political cost of the investment remained to be seen, given that Qatar is also a U.S. "It nearly seems as if Trump's words were an invitation for there to be even more of an entrenchment of this dispute", said Al Jazeera's Sonia Gallego, reporting from Turkey's largest city of Istanbul.
  • Turks film themselves smashing iPhones amid US-Turkey trade war

    Turks film themselves smashing iPhones amid US-Turkey trade war

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    Turkey had already retaliated against Trump's first round of tariffs on steel and aluminum imports that were imposed on the European Union in late May, ending a two-month exemption. sanctions aimed at pressuring North Korea to end its nuclear programs. "We will not give in, if you come at us with your dollars then we will find other ways to do business".
  • U.S. says more sanctions await if Turkey does not free pastor

    U.S. says more sanctions await if Turkey does not free pastor

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    Underscoring the ties between the countries, Sheikh Tamim was the first foreign leader to phone President Erdogan during the failed coup in Turkey in 2016. They can also demand debtors sell assets to repay loans. Also helping the currency were moves by Turkey this week to gain favor with European countries, including releasing two Greek soldiers and an Amnesty International human rights campaigner from prison.
  • Death toll hits 39 in Italy bridge collapse; blame begins

    Death toll hits 39 in Italy bridge collapse; blame begins

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    The break sent huge slabs of concrete plummeting into two warehouses, some railroad tracks and a riverbed below the bridge. Unknown numbers of other people are still missing, according to the Italian authorities. Indeed, a partial collapse of the Gennevilliers bridge in Hauts-de-Seine in May 2018 caused the A15 road to be closed for several weeks - although no-one was injured or killed.
  • After raising tariffs on Ankara, US raps Turkish retaliation

    After raising tariffs on Ankara, US raps Turkish retaliation

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    Stoking the concerns is the rising US dollar and a Federal Reserve that has pledged to continue raising short-term interest rates. On Wednesday Erdogan met for more than three hours with Qatar's Emir, who approved a package of economic projects, investments and deposits worth $15 billion.
  • Turkey releases Greek soldiers as it slaps 140% tariff on American alcohol

    Turkey releases Greek soldiers as it slaps 140% tariff on American alcohol

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    The United States was the fourth-largest source of imports to Turkey past year, accounting for $12 billion of imports, according to International Monetary Fund statistics. President Trump has since intervened and called for the pastor's immediate release. Jameel Ahmad, global head of currency strategy and market research at FXTM, said the escalation of both diplomatic and trade tensions between the U.S.
  • Turkish President calls for iPhone boycott

    Turkish President calls for iPhone boycott

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    The lira has lost more than 40% this year and crashed to an all-time low of 7.24 to the dollar on Monday, hit by worries over Erdogan's calls for lower borrowing costs and by worsening ties with the United States, a major North Atlantic Treaty Organisation ally.
  • Italians point fingers, seek answers after bridge collapse kills 39

    Italians point fingers, seek answers after bridge collapse kills 39

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    The sudden collapse of the Morandi bridge in the port city of Genoa has led to widespread anger in the Italian media and blame game among the policymakers. Here is what we know so far about the disaster. File Image of Italian prime minister Giuseppe Conte. "Italy sorely needs higher and better public investments but they haven't been a priority for politicians in recent years", Piga said, noting that the previous administration had even appeared to divert some funds away from ...
  • Qatar pledges investment in Turkey amid crisis

    Qatar pledges investment in Turkey amid crisis

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    Jurgen Odenius, economic counsellor at PGIM Fixed Income, said: "The root cause of the crisis lies in a leverage-financed domestic demand boom that increased the external financing requirement of Turkey's corporations, banks, and government ..." Investors are looking for substantive economic policy changes by Erdogan - namely the acceptance of higher interest rates - whereas the president has so far reacted mainly by blaming foreign powers, particularly the United States, which he says ...
  • Defiant as Trump rages, Omarosa says she won't be silenced

    Defiant as Trump rages, Omarosa says she won't be silenced

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    President Donald Trump had a tough TV morning. She also declined to discuss details of her interview with special counsel Robert Mueller's office, which she confirmed earlier yesterday. 'Good work by General Kelly for quickly firing that dog!' John Kelly is the White House chief of staff. Manigault Newman, who has painted a damning picture of Trump and alleged there is a videotape of him using a racial slur, told The Associated Press she is not going away.
  • Erdogan says Turkey to boycott iPhone, other USA electronics

    Erdogan says Turkey to boycott iPhone, other USA electronics

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    The currency's climb followed retaliatory tariffs by Ankara against United States goods including rice, coal and cars. Apple has 22 percent of the smartphone market in Turkey, where 11.4 million units were sold past year, according to Ramazan Yavuz, research manager at IDC consultancy company.
  • Who is to blame for Turkey's financial crisis?

    Who is to blame for Turkey's financial crisis?

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    Turkey has raised tariffs on some USA products under the principle of reciprocity "in response to the US administration's deliberate attacks on our economy", Vice President Fuat Oktay wrote on Twitter on Wednesday. "In our own country we have Vestel", said Erdogan. "If the USA has the iPhone, there's Samsung on the other side", Erdogan said, referring to the top South Korean smartphone maker.
  • Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods

    Erdogan calls on Turkey to 'boycott' iPhones and other U.S. electronic goods

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    The American pastor at the centre of the spiralling diplomatic row between the U.S. and Turkey has launched a new bid for freedom 22 months after he was detained on terror-related charges. What about the Turkish economy? "The global backdrop has changed and is now less supportive for Turkey, rendering political bluster ever more economically damaging, especially in the context of a heightened Iran-related sanctions from the U.S".
  • Erdogan vows action against 'economic terrorists' over lira plunge

    Erdogan vows action against 'economic terrorists' over lira plunge

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    Turkey's President Recep Tayyip Erdogan is not backing down. It fell as much as 12 per cent at one stage on Monday , then recovered to a loss of 8.5 per cent. In Asian trading, the euro also skidded to a one year low of $1.13, the single currency's lowest level against the USA currency since July 2017. The Bloomberg Commodity Index declined 0.8 percent.