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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Hong Kong: Stocks Edged Up at Monday's Open

Hong Kong stocks edged up at the start of business on Monday following a blockbuster US jobs report and on lingering hopes for the China-US trade talks. The Hang Seng index added 0.06 per cent, or 15.60 points, to 26,513.97. The benchmark Shanghai Composite Index added 0.08 per cent, or 2.45 points, to 2,914.46 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.23 per cent, or 3.83 points, to 1,644.16. Source : AFP

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage
Monday, 15 July 2019 17:22 WIB | GLOBAL |Global

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress.

Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came.

Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are native Americans: Ayana Pressley (who is a representative from Massachusetts) was born in Cincinnati, Ohio, Alexandria Ocasio-Cortez is a native New Yorker (and represents the eastern part of the Bronx and a portion of north-central Queens), and Rashid Tlaib, of Michigan, was born in Detroit.

The White House has not responded to a request from VOA on whether the president was aware prior to sending the tweets that three of the four are citizens by birth.

The progressives have been squabbling with Democratic House Speaker Nancy Pelosi over immigration policy and other issues.

The dispute has attracted Trump™s attention in recent days, even prompting him to utter rare public support for Pelosi “ at least when it comes to her attempt to rein in the newly elected foursome.

Trump™s tweets about the minority, novice female members of Congress, known as œthe squad, came about 20 minutes after a segment about them on the Fox News Channel. The president frequently reacts quickly on social media to what he sees on Fox.

Omar, in particular, has been a frequent topic of critical coverage on the cable television channel, in part due to her frequent criticism of Israel and comments perceived as anti-Semitic.

Omar and Tlaib are the first two Muslim women to serve in Congress.

In a Twitter response to Trump on Sunday, Omar reminded him that the United States is the only country to which members of Congress swear an oath.

œWhich is why we are fighting to protect it from the worst, most corrupt and inept president we have ever seen, the Minnesotan added.

Many others on social media are condemning Trump™s tweet, which even by his provocative norms are viewed as crossing a new line.

Among the most prominent is Pelosi, who terms Trump™s remark xenophobic, œmeant to divide our nation and œreaffirm his plan to ˜Make America Great Again™ has always been about making America white again.

Source : VOA

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Minorities in Pakistan Wait as Hard-Line Islamic Cleric Indicted...
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The Wall Street Journal newspaper reported on Wednesday (4/12), that the United States (US) was considering sending an additional 14 thousand more troops to the Middle East in the face of Iran's threa...

Turkey-Greece Tensions Escalate Over Ankara's Mediterranean Ambitions...
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France Braces for Nationwide Strikes...
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POPULAR NEWS
Strong U.S. Jobs Data Supports Dollar as Market Looks to U.S.-China Trade Deal

The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. The dollar index stood almost flat at 97.704 in early Asian trade on Monday, after rising 0.3% on Friday. The euro traded at $1.10575 , after hitting a one-week low of $1.10395 on Friday. The dollar changed hands at 108.57 yen . It had lifted to 108.92 yen on the U.S. jobs data before losing...

Gold Holds Drop as Equities Rally on Solid U.S. Jobs

Gold held a decline after a better-than-expected U.S. payrolls report on Friday led to a surge in equities, damping demand for haven assets. Job gains roared back in November and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Payrolls jumped 266,000 last month, the most since January, according to a government report that topped all forecasts in a Bloomberg survey. In focus this week are the Fed™s and...

Tokyo: Stocks Open Higher With Eyes on Key Global Events

Tokyo stocks opened higher on Monday extending rallies on Wall Street after strong jobs data, as investors closely watched key events this week including central bank meetings and the UK elections. The benchmark Nikkei 225 index climbed 0.34 per cent or 79.11 points to 23,433.51 in early trade, while the broader Topix index was up 0.36 per cent or 6.11 points at 1,719.47. Source : AFP

Oil Drops From 12-Week High as Demand Woes Overshadow Output Cut

Oil retreated from a 12-week high as optimism spurred by Saudi Arabia's surprise output cut was overshadowed by demand concerns. West Texas Intermediate for January delivery fell 28 cents, or 0.5%, to $58.92 a barrel on the New York Mercantile Exchange as of 9:47 a.m. in Singapore. The contract closed at $59.20 on Friday, the highest since Sept. 17. It climbed 7.3% last week, the most since mid-June. Brent for February settlement dropped 23 cents, or 0.4%, to $64.16 a barrel on the...

Hong Kong: Stocks Edged Up at Monday's Open

Hong Kong stocks edged up at the start of business on Monday following a blockbuster US jobs report and on lingering hopes for the China-US trade talks. The Hang Seng index added 0.06 per cent, or 15.60 points, to 26,513.97. The benchmark Shanghai Composite Index added 0.08 per cent, or 2.45 points, to 2,914.46 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.23 per cent, or 3.83 points, to 1,644.16. Source : AFP

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