Tag: Gold

© Reuters. China’s New Oil Giants Flourish in Xi’s Clean Energy Wave (Bloomberg) — China’s newest oil refiners are thriving by aligning themselves with President Xi Jinping’s vision, expanding even as their older rivals and several other private businesses have been reined in by Beijing. These newcomers have gained the moniker Teapot 2.0 in China,…

2/2 © Reuters. Peru’s Finance Minister Pedro Francke gestures during an interview with Reuters in Lima, Peru, August 9, 2021. REUTERS/Angela Ponce 2/2 By Marco Aquino and Marcelo Rochabrun LIMA (Reuters) -Peru’s finance minister, Pedro Francke, told Reuters on Monday that the new leftist government can increase mining taxes to fund public spending without affecting…

U.S. Rep. Elise Stefanik wants New York Gov. Andrew Cuomo to “resign and be arrested immediately.” The New York Republican is incensed on behalf of the 11 women who, according to evidence in a report from the state attorney general, he sexually harassed. “These brave women deserve swift and definitive justice,” Stefanik says.How rich is…

The Taliban say they have taken control of the city of Sheberghan in the northern Afghan province of Jawzjan.An Afghan defence ministry spokesman told the BBC government forces were still in the city and would clear out the Taliban “soon”.This is the second regional capital to fall to the militants, after Zaranj in the south-western…

Dan Bongino called for the impeachment of President Joe Biden over his handling of the southern border situation and the coronavirus pandemic just six months into the Democrat’s administration.The high-profile commentator — who this week was joined by at least one other conservative powerhouse, Mark Levin, in putting pressure on Republican lawmakers to take immediate…

© Reuters. FILE PHOTO: Vehicles are parked outside the U.S. Capitol building the morning the Senate returned to session in Washington, DC, U.S., July 31, 2021. REUTERS/Elizabeth Frantz WASHINGTON (Reuters) -The U.S. Congressional Budget Office on Thursday issued its long-awaited judgment that a $1 trillion infrastructure bill being debated in the U.S. Senate will be…

The U.S. women’s soccer team lost 1-0 to eighth-ranked Canada in the Olympics semifinals on Monday, ending its chances at winning a gold medal in Tokyo.Why it matters: The loss marks the second straight Olympics the U.S. team will not play in the gold medal match. The team was knocked out by Sweden in the…

© Bloomberg. Shoppers hold bags in San Francisco. Photographer: David Paul Morris/Bloomberg (Bloomberg) — U.S. consumer confidence improved for a sixth straight month in July to a fresh pandemic high as Americans grew more optimistic about current business and labor market conditions. The Conference Board’s index rose to 129.1 from a revised 128.9 reading in…

© Reuters. U.S. Real Yields Fall to Record Low Amid Growth Concerns (Bloomberg) — The real yield on U.S. 10-year debt fell to a record low as concerns mounted over the outlook for economic growth. The rate, which strips out inflation, fell almost six basis points to minus -1.269%. The move was compounded by a…

5/5 © Reuters. Rui Brito, a worker with a disability who lost his arm in a machinery accident more than 30 years ago, works at the office amid the coronavirus disease (COVID-19) pandemic in Porto, Portugal, July 20, 2021. Picture taken July 20, 2021. REUTERS/Violeta Sa 2/5 By Catarina Demony PORTO, Portugal (Reuters) – As…