Latest News - NsNewsWire

Trump’s proposed tariffs on companies investing abroad undermine competitiveness: U.S. official

WASHINGTON, Jan. 11 (NsNewsWire) — President-elect Donald Trump’s proposed tariffs on U.S. and other companies that move production out of the U.S. would undermine American competitiveness in the long term, a top U.S. trade official warned on Tuesday. Trump has pressured Ford, General Motors, Toyota and other companies to bring factories back to the United […]

Iraqi forces advance further into IS stronghold in Mosul

MOSUL, Iraq, Jan. 11 (NsNewsWire) — Iraqi security forces on Tuesday advanced further inside the eastern side of the Islamic State stronghold in the city of Mosul in northern Iraq, as fierce clashes continued against the extremist militants, the Iraqi military said. In the eastern front, the elite forces of Iraq’s Counter-Terrorism Service (CTS) completely […]

Kerry warns against scraping Iran nuclear deal

WASHINGTON, Jan. 11 (NsNewsWire) — U.S. Secretary of State John Kerry on Tuesday warned the incoming administration against upending the Iran nuclear deal, saying that such move could cause conflict and damage U.S. credibility. Speaking at an event at the U.S. Institute of Peace in Washington, Kerry said he is “absolutely confident” that Tehran’s route […]

Obama bids farewell to nation in emotional address

CHICAGO, the United States, Jan. 11 (NsNewsWire) — U.S. President Barack Obama bid farewell to the nation on Tuesday in an emotional speech that expressed hope as well as warning for the years to come. “Tonight it’s my turn to say thanks … Everyday I learned from you. You made me a better president, and […]

Global growth edges up to 2.7 percent despite weak investment

Dhaka, Jan. 11 (NsNewsWire)— Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy commodity exporters, while domestic demand remains solid among emerging and developing commodity importers, the World Bank said in a report released […]

World Bank expects Chinese economy to grow 6.5 pct in 2017

WASHINGTON, Jan. 11 (NsNewsWire) — The World Bank on Tuesday kept its forecast for China’s economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging concerns for property markets. In its latest flagship Global Economic Prospects report, the […]

Japanese PM to visit Australia amid uncertainty of U.S. presence in Asia

SYDNEY, Jan. 11 (Xinhua) — Japan‘s Prime Minister Shinzo Abe and a business delegation will visit Australia on Saturday amid unease over future U.S. presence in Asia. Australia’s Prime Minister Malcolm Turnbull will meet Abe on Saturday for a “working meeting”. The pair are expected to discuss regional security issues, the now de-funked Trans Pacific […]

Turkey, Iraq normalizes ties after Ankara changes perspective

ANKARA, Jan. 10(NsNewsWire) — Normalization of Turkish-Iraqi ties comes after a change of perspective of Ankara in a bid to restore its bilateral relations in the region, local experts said, reports Xinhua. The dynamic of the normalization was interrupted when Turkey sent troops to Bashiqa military camp in northern Iraq and deployed additional troops along […]

MOSCOW, Jan. 10 (NsNewsWire) — The Kremlin on Monday refuted accusations of Russia’s involvement in hacker attacks during the U.S. 2016 presidential election, saying that it was a “tiresome witch-hunt.” “We continue to categorically rule out any involvement of Moscow and …Russian officials and agencies in any hacker attacks,” Kremlin spokesman Dmitry Peskov said, reports […]