Concourse at Miami International Airport to reopen Monday despite government shutdown
Zimbabwe economic crisis: Fuel price hike, national strike and a new currency
Cadillac just revealed the design of its first EV
China logs record trade surplus with U.S. in 2018
California’s Largest Utility Plans Bankruptcy As CEO Makes For The Exit
US, China wrap up trade talks in Beijing
09 January 2019, 06:57 | Hattie Nash
China Promised The US A Lot On Trade, And Trump Team Is Holding Its Feet To The Fire To Follow Through
The meetings were the first since Chinese President Xi Jinping and his United States counterpart Donald Trump agreed to a 90-day truce to the trade war on the sidelines of the G20 summit in Buenos Aires in December.
Speaking at a daily news briefing, Chinese foreign ministry spokesman Lu Kang confirmed both sides had agreed to extend the talks beyond Monday and Tuesday as originally scheduled. The two sides are meeting face-to-face for the first time since Trump and his Chinese counterpart Xi Jinping agreed on December 1 to suspend further punitive action against each other's imports for 90 days while they negotiate over the fight sparked by American complaints Beijing steals or pressures companies to hand over technology.
"Crude continues to extend gains as early reports from Beijing regarding trade negotiations are fueling optimism around successful trade talks between the US and China", said Stephen Innes, head of trading for Asia/Pacific at futures brokerage Oanda in Singapore. U.S. President Donald Trump tweeted, without elaborating.
Beijing has tried to defuse pressure for more sweeping change by offering concessions including purchasing more American soybeans, natural gas and other exports.
American officials welcomed a "good few days" as they prepared to depart Beijing today, raising hopes that the world's two largest economies could draw a line under their acrimonious dispute and reach a deal.
The more intractable issues related to structural reforms to China's industrial policies, as well as enforcement of any pledges, have been raised by officials on both sides, though there is little clarity on details.
The U.S. delegation was led by Deputy U.S. Trade Representative Jeffrey Gerrish and accompanied by senior officials from the White House, U.S. Trade Representative (USTR), and the U.S. Departments of Agriculture, Commerce, Energy, and Treasury, according to the USTR.
China claims nearly all of the strategic South China Sea and frequently lambastes the United States and its allies over naval operations near Chinese-occupied islands. U.S. West Texas Intermediate (WTI) crude oil futures were at $50.29 per barrel as at 0131, up 51 cents, or 1 percent from their last settlement.
"The positive news around the trade talks is giving a boost to risk assets - it's what the global economy needs to see", said Chris Scicluna, head of economic research at Daiwa Capital Markets in London.
The president has focused on the stock market as it's fallen over the past month as a gauge of success or failure, expressing frustration at the volatility, the people said.
Beijing responded by imposing penalties on $110 billion of American goods, slowing customs clearance for USA companies and suspending issuing licenses in finance and other businesses. Unlike many other news organizations, we have not put up a paywall.
The United States has long complained about access to the vast Chinese market and Beijing's demands US companies reveal their technology advances.
Chinese growth fell to a post-global crisis low of 6.5 per cent in the quarter ending in September.
For their part, Chinese officials are unhappy with US curbs on exports of "dual use" technology with possible military applications.
Sears rejects bailout bid, hundreds of stores likely to close
The creditors' attorneys question whether the terms of those loans unduly benefited Lampert and his hedge fund rather than Sears. Lampert entered the bid through Transform Holdco LLC, an affiliate of his private equity firm, ESL Investments Inc.
France to crack down on yellow vest protesters
Dettinger's former coach, Jacky Trompesauce, had urged the father of three to give himself up to police earlier on Monday. Another major demonstration has been called for Saturday, this time in Bourges, central France , instead of the capital.
NASA Astronomers Discover Planet Twice The Size Of Earth
TESS looks for new planets by examining the light from about 200,000 stars and detecting any noticeable changes in brightness. According to reports, the planet named K2-288Bb was discovered using NASA's now defunct Kepler telescope.
Bayern Munich to sign Benjamin Pavard from Stuttgart
Last summer, he started and finished six of France's seven World Cup matches and scored in the round of 16 win against Argentina. Salihamidzic revealed to reporters: "I can confirm that Benjamin Pavard will join us on a five-year deal from 1st July 2019".
Who is Rahaf al-Qunun, why is her life in danger?
It said any application by Alqunun for a humanitarian visa would be "carefully considered" once the UNHCR process has concluded. Saudi Arabia's human rights record has been under heavy scrutiny since the murder of journalist Jamal Khashoggi a year ago .
Trump's prime-time bid to end border wall impasse falls flat
Trump is assuming a wide variety of economic benefits will come from the agreement, but they can't be quantified or counted on. The study, which looked at the years 1990 through 2014, said states with bigger shares of such people have lower crime rates.
Fiji Water Girl: 'I've been photobombing since I was a kid'
Cuthbert also thanks "water" saying: "If these celebs weren't so thirsty, I wouldn't have been able to serve the way that I did". The movie awards season hit top gear yesterday when the Golden Globes, the entree to the Oscars, were awarded in Beverly Hills.