The International Monetary Fund has warned that escalating trade tensions could undermine global economic growth. In a new report on the world economic outlook, the IMF also warns of risks from a no-deal Brexit. For the world economy, the IMF is now predicting growth of 3.5% in 2019. In October, it forecast 3.7%. For the […]

UK Prime Minister Theresa May is due to make a statement at 15:30 GMT on the way forward on Brexit after her planned deal was rejected by MPs last week. She hopes to win over Tory Brexiteer MPs and Northern Ireland’s DUP, by resolving their concerns over the “backstop” plan for the Irish border. Last […]

Early investor Roger McNamee explains his concerns about the platform’s trajectory. By now we all know the story of Mark Zuckerberg’s rise from his Harvard dorm room to becoming a 23-year-old billionaire. But how the past couple of years have played out, particularly the handling of the Cambridge Analytica scandal, has given Roger McNamee, an […]

U.S. President Donald Trump said on Saturday there has been progress toward a trade deal with China, but denied that he was considering lifting tariffs on Chinese imports. “Things are going very well with China and with trade,” he told reporters at the White House, adding that he had seen some “false reports” indicating that […]

Mexican authorities now put the number killed in Friday night’s fuel pipeline blast at 66, with scores more injured. It is believed the explosion occurred after the line was ruptured by suspected fuel thieves in the town of Tlahuelilpan, in Hidalgo state. Officials say scores of people had been scrambling to fill up containers and […]

The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17. Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans to apply for a digital […]

US President Donald Trump has hit back over a news report that he directed his then personal lawyer, Michael Cohen, to lie to Congress. Buzzfeed News said Mr Trump had instructed Cohen to lie about plans to build a Trump Tower in Moscow. Cohen was convicted over the case last month. Mr Trump said the […]

Growing up near the ocean I learned very quickly about the danger of currents. There were tidal currents that came daily in and out of the bay. You didn’t want to be in the water near the mouth of the bay when this was taking place. Where the waves were breaking you could find water […]

Tesla CEO Elon Musk has announced the early conclusion of the Tesla referral program citing the bloated cost as an unsustainable expense that is “adding too much” to the price of the carmaker’s vehicles. Initially scheduled to end on March 11, the end date has now been brought forward to February 1 as the electric […]

With the US partial government shutdown now entering its 27th day, this funding standoff is already the longest in federal history. Nevertheless, President Donald Trump has expressed no qualms about extending the shutdown for a “long time” if Democrats refuse to budge on border wall funding. According to sources close to the president, that may […]