The US-Malaysia tie up is being sorrounded with anomally as regards to the 1MDB Malaysian Fund scandal.
Tags: US
Nothing More To Expect For The US Economy
As economic analysts studies the US economy after 2 years, claims have been made that it has already reached its peak.
US Stocks Turn Lower As Defensive Sectors Goes Trade Trend
After a period of shifting between minor gains and losses, the U.S. stocks were lower on Thursday, as a leap in bond revenues urged a selloff in defensive sectors including real estate and utilities while investors circled in mixed earning results and deal news amongst NXP Semiconductors and Qualcomm.
Clinton Wants Biden As State Secretary
Joe Biden tops the initial short list that Hillary Clinton’s transition team is arranging for the spot of the secretary of state, an internal source tells in an interview.
Philippines Renounces Military Deal With US
Philippines, through its President Rodrigo Duterte announced its separation from the US military defense support.
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The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
IMF cuts its estimate for U.S eonomic growth to 1.6 percent from 2.2 percent it had predicted in July.
Russia had to suspend its treaty and arrangement with US Weapons-Gade Plutonium Dea. This is due to some illegal breaches made by US, Russia claimed.
Upholding diplomacy, US starts peace talks with Russia over Syria Attacks. Now emphasizing diplomacy, the Obama administration has just withdrew its cooperation with Russia over Syria wars.
Despite territorial dispute, Philiipine Pres. Rudy Duterte announces posibble trade exchange with China and Russia.
Mexico will ship up to 500,000 metric tons of sugar to U.S. without any modification on the agreement being signed by the two nations on December 14. U.S. consumers prefer sweeteners from sugarcane over sweeteners manufactured from genetically modified beets.
The US government doesn't seem be in favor of giving total access to Iran on its financial system. US President Barack Obama said the government is not looking to permit the use of its financial system in dollar-denominated deals with Iran.
Even if Huawei already has a foothold in Cuba, Google will still provide internet access and WiFi. This is according to the U.S. president during his historic visit to Cuba. Competition will drive faster and more reliable internet service to the island nation.
Citing drop in revenues, Moody's Investors Service has lowered Houston's $3 billion of general obligation debt by one level to Aa4. Lower oil prices and restrictions on raising taxes are keeping further pressure on Houston's economy.
