Tuesday, 19 February 2019
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Barack Obama encourages people to vote: "This is not Coachella"


He said voters would have to do it for them. The party's "central organizing principle in foreign policy was the fight against communism and now they're cozying up to the former head of the KGB". Obama said. "Its central organizing principle in foreign policy was the fight against communism and now they are cozying up to the former head of the KGB, actively blocking legislation that would defend our elections from Russian Federation attack". Read More »

Crypto Community is Buzzing about Goldman Sachs News Dumping Bitcoin Price


Near 1400 GMT, the cryptocurrency was trading at around $7,000, down about five percent from Tuesday's level. In recent weeks, Goldman executives have concluded that many steps still need to be taken, a lot of them outside the bank's control, before a regulated bank would be allowed to trade cryptocurrencies, the financial news website reported . Read More »

Africa's Second-Largest Economy South Africa Enters Recession


Gross domestic product (GDP) figures for the second quarter of 2018 showed that the economy slipped into recession . South Africa slides into recession amid failing government reforms Massive declines in the agricultural, transport and retail sectors have dragged the South African economy into recession after almost a decade of growth. Read More »

Oil Prices Jump As Gulf Of Mexico Rigs Evacuated


Despite the price dip, Stephen Innes , head of trading for Asia-Pacific at futures brokerage Oanda said Brent was "supported by the notion that USA sanctions on Iranian crude oil exports will eventually lead to constricted markets ", which he said was likely to push up prices. Read More »

Ayanna Pressley upsets Michael Capuano in race for Congress


She joins a number of other black women who've won their primaries this year, including Stacey Abrams, who's running for governor in Georgia, Lauren Underwood, running for a congressional seat in IL, and Jahana Hayes, who's also running for a seat in Congress from CT. Read More »

Amazon becomes the country's second $1 trillion company


This growth was made clear when Apple managed to become the first US-based trillion-dollar company earlier this year. Amazon has revolutionized how people shop online and is the world's dominant internet retailer. Amazon Web Services provides cloud computing services to companies and government, and Amazon's advertising division makes billions by selling ads to companies that want their products to show up when shoppers search on the site. Read More »

Amazon becomes the 2nd USA company to join the $1 trillion club


For context, the entire U.S. stock market - the sum of all publicly traded American companies including Amazon -hit $30 trillion back in January. Amazon follows Apple, which reached the mark earlier this year. Amazon had $178 billion in revenues previous year. Shares in the world's largest online retailer last traded up 1.4 percent at $2,041.68. Note that Morgan Stanley's theoretical breakdown assumes a stock price of $2,500 (R38,242) - higher than Amazon's current price, and thus a ... Read More »

No full petrol price increase for South Africa this month - Government intervention


Fuel prices continued to rise on Monday, with petrol and diesel prices touching a new record high in several metropolitan cities, including Delhi and Mumbai. The prices of PNG were raised by Rs 1.11 per standard cubic meter, costing now at Rs 28.25 per scm, while same in Noida, Greater Noida and Ghaziabad would be Rs 30.10 per scm, which has been increased by Rs 1.26 per scm. Read More »

May concludes Africa visit with trip to Kenya


After almost two hours of talks at State House in the capital Nairobi both leaders referenced the historically close ties between Britain and its former colony, despite May's being the first visit by a British prime minister for 30 years. Read More »

CBOE might launch Ethereum futures this year, but ETH/USD bears unimpressed

Citing anonymous insiders, Business Insider reported that the Ether futures would most likely be based on the underlying market of New York-based and regulated crypto exchange Gemini . They can now short eth , means the net short on BTC in futures would fall" said Lee. The introduction of bitcoin futures, for example, was presumably one of the reasons why it rose sharply for a short time. Read More »

GDP for Q1 rises to 8.2 pc on robust manufacturing


India can already see the ripples of a consumption economy and the exponential growth taking place in several sectors will lead to a large number of domestic and global players, he said. They include higher oil prices, tightening global financial conditions and a shortfall in taxes that could put budget targets out of reach. India's GDP stood at Dollars 2.597 trillion (Rs 178 lakh crore) in 2017 in current prices in market exchange rates, ahead of France whose GDP stood at USD 2.582 trillion ... Read More »

Google partners with Mastercard to pair online ads with offline sales


That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for. Google also has deals with several third-party companies that process card transaction data . The tool informs advertisers only if a user has logged in with a Google account, clicked on an ad for "shoes", for example, and does not buy anything online, but makes a purchase for shoes in an offline store within 30 days of clicking on the ad using a credit card. Read More »

Trump threatens to withdraw from World Trade Organization


Mr Trump said this in an interview with Bloomberg News that if the organization don't shape up , he would withdraw from it. European Commission chief Jean-Claude Juncker warned Friday the EU would hit back with tariffs of its own if Donald Trump made good on threats to slap duties on foreign cars, as an EU-US trade truce wobbled. Read More »

Trump federal worker pay raise cancellation, GOP tax law federal debt


Trump cited the cost of the raises, $ 25 billion , as reason for the cancellation. The American Federation of Government Employees, a union for federal workers, is now calling on the House to pass a similar measure. The pay raise matter was the latest in a string of moves that reflect an attempt to rein in spending on federal employees. The government "cannot balance the budget on the backs of our federal employees", she said. Read More »

Trending: Check out the Lego Bugatti


Speaking of, Technic parts are what seperate this from similar builds like the recent giant Thanos at Comic-Con . A press of the brake pedal will cause the brake lights to illuminate while the spoiler moves to its braking position. Beneath all those plastic bricks lie 2,304 motors, 4,032 Lego Technic gear wheels, and an engine that makes 5.3 hp and 92 Nm (68 lb-ft) of torque. Read More »

Ford blames tariffs in decision to scrap Focus crossover import

Ford also said it will not change its mind about dropping the Focus Active from its lineup should the tariffs go away. The last remaining Focus model Ford planned to sell in the USA amid its, uh, refocus to SUVs, crossovers, hybrids and electric vehicles is no more . Read More »

Cola-Cola buys $5.1bn Costa for 'strong coffee platform'


Quincey said that's because Coke doesn't have the resources or the right platform to sell coffee on its own. The coffee market itself is hot at the moment. Consumers in the United Kingdom are reducing spending due to inflation and concern that Brexit may hurt the economy. He cited potential opportunities to expand Costa's espresso machine system, Costa Express, which now has over 8,000 units in-market. Read More »

Trump slashes federal pay increase


While the president has railed against the Washington "swamp", less than 20 percent of the nation's almost 2 million civilian full-time federal employees live in the D.C. President Trump's decision to deny pay raises is a slap in the face to the hardworking civil servants who help keep us safe, care for our veterans, and faithfully serve the American people. Read More »

P Chidambaram Sceptical Over GDP Growth Prospects In Coming Year

Economic Affairs Secretary Subhash Chandra Garg said the robust performance this quarter gave hope that growth could exceed even estimates of 7.5 per cent this fiscal year. Of particular importance is also a key growth factor called " private consumption expenditure", which grew at 8.5%, the fastest in any quarter since demonetisation . Read More »

‘Airborne’ Tesla vaults railway track, smashes into schoolyard


A Barrie man is facing criminal charges after crashing his vehicle near a school parking lot. The driver was charged with risky driving under the Criminal Code of Canada and will appear in Barrie Court in October. When the vehicle approached the incline leading up to the railway tracks just north of Huronia Road, the vehicle became airborne and crashed over 100 feet into the opposing lane. Read More »

Facebook rolls out its Youtube-like 'Watch' video service for all


The streaming service started life around a year ago as a trial in the United States but now has been given the green light by Zuckerberg and pals to slip into to other global markets. Videos you can participate in: We're building new video experiences that put people at the center, giving them the ability to shape the direction of the content. Read More »

99.3% of demonetised currency returned to banks: RBI


The Reserve Bank of India in its annual report said that as many as 99.3 per cent of the old 500 and 1,000 rupee notes, that were banned overnight in November 2016, have been returned. West Bengal chief minister Mamata Banerjee said her apprehensions about the impact of demonetisation on the Indian economy had been held true by RBI report. Read More »

Cave diver prepares to sue Elon Musk over 'pedo' claim


Unsworth called Musk's effort a " PR stunt " that had "absolutely no chance of working". CNN Vernon Unsworth was damning about Elon Musk's mini-submarine. "You did so without any basis". "Nonetheless, his actions against me do not justify my actions against him, and for that I apologize to Mr. Unsworth and to the companies I represent as leader" Musk said in a tweet on July 18. Read More »

Saudi Arabia says it 'remains committed' to Aramco IPO


Industry sources told Reuters this week that the sale of a roughly 5 per cent stake in Saudi Aramco , originally slated to take place this year and raise at least $100 billion for the government, had been postponed indefinitely. Sources close to Aramco in April said Aramco's cash from operations, or adjusted cash flow, for H1 2017 was a staggering $52.1 billion, with a $13 billion dividend and $14.7 billion capex. Read More »

Elon Musk backs away from bid to take Tesla private


In a statement issued on Friday, six members of the board of directors also said that efforts to take Tesla private were cancelled, reported Reuters . "This is a problem because we absolutely must stay focused on ramping Model 3 and becoming profitable", Musk said. Much of the concern about Tesla's immediate future has been over production of the Model 3 , a lower cost electric vehicle which has received advance orders way in excess of what the firm has so far been able to deliver. Read More »

Cohen's lawyer walks back claim Trump knew of Russia meeting


Trump had directed him to arrange payments to two women during the 2016 campaign to keep them from speaking publicly about affairs they said they had with Mr. He said he raised the idea that Cohen might have information about Trump's knowledge because he had a strong feeling that might be the case. "And they're looking very, very hard", Dershowitz said. Read More »

Verizon slowed internet speed for first responders to fire


USA telco Verizon cut back data service to a mobile command and control centre to just 0.5% of normal level after the firefighters exceeded their data package. California lawmakers are considering a bill that would require internet companies to restore net neutrality in California, requiring equal data access to all customers. Read More »