Glencore pays $1bn settlement to US authorities after admitting bribery in UK court May 24, 2022 Commodity trader Glencore has agreed to pay more than $1bn to US and Brazilian authorities to settle corruption investigations, after indicating it will plea guilty to bribery charges in the UK. Glencore said it will pay a combined sum of $1.06bn to the US Department of Justice (DoJ) and Commodity Futures Trading Commission (CFTC), and [...]
Ex President George Bush mocked for gaffe: ‘wholly unjustified and brutal invasion of Iraq. I mean Ukraine’ May 19, 2022 Former American president George Bush Jr has come in for ridicule after accidentally referring to the “illegal invasion of Iraq” during a speech about the war in Ukraine. The ex Republican leader, 75, made the Freudian slip during an event in Dallas, Texas, on Wednesday, at an institute in his name. In a video posted [...]
Liz Truss ‘appalled by serious allegations’ after British Virgin Islands premier held in drug-smuggling sting April 29, 2022 The head of the British Virgin Islands, a British overseas territory, has been arrested in a sting operation accused of smuggling cocaine in to the United States. Andrew Alturo Fahie, was held as he boarded a plane in Miami, seized up by undercover agents posing as traffickers. The official was with the head of the [...]
Senior US politician: Post-Brexit trade deal ‘desirable’, but not if it ‘jeopardises’ Good Friday Agreement March 24, 2022 One of the most powerful American politicians has dismissed any post-Brexit trade deal that risks peace in Northern Ireland. The chair of the ways and means committee, Congressman Richard Neal, said the United States “will not entertain” any proposal that undermines the Good Friday Agreement. Speaking to The Guardian, the 73-year-old Democrat who heads the [...]
U.S. jobs growth slows well below forecasts January 7, 2022 US jobs growth fell well below forecasts in December as rising COVID-19 infections disrupted economic activity, according to official data released today. The figure in the US Bureau of Labor Statistics report showed that the US economy added 199,000 jobs in December, after economists polled by Reuters had anticiapted a rise of 400,000. Unemployment levels [...]
Biden to focus on testing and vaccines instead of lockdowns this winter December 21, 2021 US President Joe Biden reportedly has no intention of pushing for a lockdown this winter, despite the reintroduction of restrictions across Europe.
Winter Olympics: USA announce boycott of Beijing games over ‘ongoing genocide’ December 6, 2021 The White House yesterday confirmed a diplomatic boycott of the 2022 winter Olympics, due to be held in Beijing in February. White House press secretary Jen Psaki said:“The Biden administration will not send any diplomatic or official representation to the Beijing 2022 Winter Olympics and Paralympic Games given the [People’s Republic of China’s] ongoing genocide and [...]
More Russian diplomats set to leave US as geopolitical tensions mount over pipeline November 28, 2021 27 diplomats and their families were expelled from the US and would leave next month according to Russia's ambassador to the US.
Oil prices rise after US agrees $1tn infrastructure deal November 8, 2021 Oil prices have continued to recover after US congress passed Joe Biden’s $1tn infrastructure deal, improving the global outlook for energy demand. The package includes major upgrades to roads, railways and broadband across the country and could boost economic growth and demand for fuel. Oil prices recovered from last week’s mini-slump with Brent crude up [...]
US lawmakers pass $1tn infrastructure bill November 6, 2021 The US congress has passed a $1tn package to upgrade key infrastructure across the country such as highways, railways, water pipes, and broadband. The package will now be sent to president Joe Biden to sign into law. This follows a 228-206 vote in the House of Representatives, and months of heated back-and-forth negotiations between the [...]