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Chinese growth is more of a concern than the American economy right now, private bank says

The Chinese economy is a bigger worry right now than the U.S. economy, according to an investments expert at a private bank. Speaking to CNBC on Friday, Felix Brill, the head of investment solutions at Liechtenstein-based VP Bank, said investors should expect more market volatility due to the ongoing trade war negotiations between Washington and Beijing. Still, he ultimately expressed optimism that China’s leaders ...

Gundlach Warns U.S. Economy Is Floating on ‘an Ocean of Debt’

Jeffrey Gundlach said yet again that the U.S. economy is gorging on debt. Echoing many of the themes from his annual “Just Markets” webcast on Tuesday, Gundlach took part in a round-table of 10 of Wall Street’s smartest investors for Barron’s. He highlighted the dangers especially posed by the U.S. corporate bond market. Prolific sales of junk bonds and significant growth in ...

Mother of journalist killed by ISIS concerned about Syria withdrawal

As the United States prepares to withdraw troops from Syria, the mother of a journalist murdered by ISIS is concerned about the impact the withdrawal could have on the fight to get justice for her son. Diane Foley, whose son James Foley was brutally executed in 2014, said she is worried that without US support, the Kurdish forces will not have the ...

Iraq: ‘Dangerous disease’ hits tomato produce

Iraqi farmers have accused parties loyal to Iran of being behind a “dangerous disease” which has hit the country’s tomato produce, Al Khaleej Online reported on Friday. Social media activists said that the epidemic – which seems to have hit tomato produce in the southeastern city of Basra – has caused thousands of tonnes of tomatoes to turn rotten. Though the reason ...

Young Saudi asylum-seeker arrives in Canada to official welcome

young Saudi woman who caused a sensation by defying her family and seeking asylum abroad was welcomed with open arms in Toronto on  Saturday at the end of an exhausting international odyssey. Foreign Minister Chrystia Freeland greeted Rahaf Mohammed Al Qunun, 18, after she landed in Toronto, wearing a blue ball cap and a gray hoodie emblazoned in red with the word ‘‘CANADA’’. ...

Pyramid stone row: Egypt asks Museum of Scotland for papers

The Egyptian government is calling for access to the certification documents for all Egyptian antiquities displayed at the National Museum of Scotland, following a row over plans by the museum to display a casing stone from the Great Pyramid of Giza next month. Shaaban Abdel Gawad, the head of the repatriation department at Egypt’s ministry of antiquities, told the Guardian: “If ...

Man Is Charged With Sending Suspicious Packages to Consulates in Australia

MELBOURNE, Australia — A 48-year-old man was charged on Thursday with mailing suspicious packages to foreign consulates in Australian cities this week, which the authorities said may have contained an unspecified hazardous material. The man, Savas Avan, was arrested on Wednesday night at his home in the city of Shepparton, about 120 miles north of Melbourne, the police said. He appeared Thursday ...

APEC: PNG offers to play peacemaker at summit amid tensions between Australia and China

Papua New Guinea’s Foreign Minister says the country will do all it can to ensure there are no conflicts between China and Australia during the APEC summit. Australia, China and the United States are all jockeying for position in the region, and several aid and development announcements are expected to be made in coming days. This will likely include an internet ...

Bill Shorten says Morrison made Australia ‘look stupid’ with Israel embassy plan – politics live

The replies to this are, well, as you would expect after you forced an already marginalised community to campaign for the same right as heterosexual couples. We are on the downhill slope to Senate question time. For a moment, I thought it was 4pm, but that was just a fanciful whigmaleerie, as my Scottish friend would say. It is the ...

Major oil spill off Australia’s coast would dwarf Deepwater Horizon disaster, documents show

A worst-case oil spill in the Great Australian Bight would be twice the scale of the Gulf of Mexico disaster, and rough seas and a lack of suitable equipment risk delaying the response effort, confidential plans show. Documents released under freedom of information laws reveal the potential dangers involved in drilling for oil in the wild, isolated seas off the ...