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Articles Posted by Poison Pill

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  • Vladimir Putin claims Ukraine invasion 'Jihad for Islam' to strengthen Chechen support

    07/18/2022 5:56:30 PM PDT · by Poison Pill · 34 replies
    Express ^ | July 11, 2022 | THIBAULT SPIRLET
    VLADIMIR Putin is weaponizing the "Jihad for Islam" to justify his war in Ukraine in a bid to gather support from the allied Chechen forces.
  • Italy’s Fincantieri will build newest class of US Navy warships

    05/04/2020 3:04:23 PM PDT · by Poison Pill · 68 replies
    The U.S. Navy awarded Italian shipbuilder Fincantieri Marine $5.5 billion to develop the services’ newest class of warships, called frigates.
  • Trump says he would consider an interim trade deal with China

    09/12/2019 3:18:14 PM PDT · by Poison Pill · 17 replies
    CNBC ^ | 9/12/2019 | Jacob Pramuk
    President Donald Trump signaled Thursday that he may consider an interim trade deal with China. The president told reporters he would prefer a full agreement with the world’s second largest economy. However, he left the door open to thinking about striking a limited agreement with Beijing.
  • Trump says he’s talking to congressional leaders about ‘meaningful’ gun background checks

    08/09/2019 7:08:01 AM PDT · by Poison Pill · 129 replies
    CNBC ^ | 8/9/2019 | Jacob Pramuk
    President Trump says he is having “serious discussions” with congressional leaders about “meaningful” background checks.
  • Trump claims he wants ‘strong background checks’ on guns

    08/05/2019 4:59:11 AM PDT · by Poison Pill · 190 replies
    CNBC ^ | 8/5/2019 | The Donald
    "We cannot let those killed in El Paso, Texas, and Dayton, Ohio, die in vain. Likewise for those so seriously wounded. We can never forget them, and those many who came before them. Republicans and Democrats must come together and get strong background checks"
  • Trump administration is drafting plan to allow US consumers to import drugs from Canada

    07/31/2019 4:01:46 PM PDT · by Poison Pill · 51 replies
    CNBC ^ | 7/30/2019 | Berkeley Lovelace Jr.
    Trump is working on a proposal that would allow the U.S. to import drugs from Canada, HHS Secretary Alex Azar says.“Working on a plan on how we can import drugs safely and effectively from Canada so the American people get the benefit of the deals that pharma themselves are striking with other countries,” he says.
  • Trump Is Losing His Own Trade War

    07/04/2019 9:10:13 AM PDT · by Poison Pill · 94 replies
    Reason ^ | 7/4/2019 | VERONIQUE DE RUGY
    President Donald Trump likes to keep score. Well, here's a score for him: America, zero; while the rest of the world keeps tallying up free trade points. That's right; while American consumers have been waiting for well over a year to see some resolution to the various trade disputes started by Trump, other countries have agreed to lower their tariffs against each other and signed free trade agreements with one another. Meanwhile, American consumers and exporters are drowning in a sea of high tariffs. Some of Trump's supporters have argued that the president is actually a free trader who wants...
  • That big ‘Trump bump’ in manufacturing is pretty much gone now

    06/11/2019 5:11:31 AM PDT · by Poison Pill · 39 replies
    CNBC ^ | 6/11/2019 | Jeff Cox
    Manufacturing has slipped sharply in recent months, and President Trump’s tariffs appear partly to blame.Gauges including the ISM and Markit PMI indicate either flat or contracting activity.Nearly a half million manufacturing jobs have been added since Trump took office, but only 13,000 this year.While those measures could change direction once the tariff issue is settled, current conditions show that one of the key pillars in the Trump expansion is starting to wobble.
  • US core capital goods orders tumble

    05/24/2019 5:59:00 AM PDT · by Poison Pill · 17 replies
    CNBC ^ | 5/24/2019 | CNBC
    New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing after a growth spurt in the first quarter.The slowdown was driven by exports and a buildup of inventories.Orders for non-defense capital goods excluding aircraft dropped 0.9% last month as demand weakened almost across the board, the Commerce Department said.Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, tumbled 2.1% in April. .... The renewed trade tensions are expected to weigh on exports, which earlier this year...
  • Dow tumbles more than 200 points in wild session, S&P 500 closes in correction territory

    10/29/2018 5:23:59 PM PDT · by Poison Pill · 16 replies
    CNBC ^ | 10/29/2018 | Fred Imbert | Thomas Franck
    Stocks closed lower on Monday, giving up sharp gains from earlier in the day in a wild session that saw the Dow Jones Industrial Average travel more than 900 points. The S&P 500 closed in correction territory, down 10 percent from its recent high. Traders blamed the possibility of more U.S.-China tariffs
  • Trump's military parade now estimated to cost $92 million $80 million more than earlier estimate

    08/16/2018 8:54:38 AM PDT · by Poison Pill · 108 replies
    CNBC ^ | 8/16/2018 | Amanda Macias
    President Donald Trump's military parade is estimated to cost $92 million, according to a U.S. defense official with firsthand knowledge of the assessment.An earlier estimate pegged the cost at $12 million.The parade will take place in the nation's capital on Nov. 10 and will feature armored vehicles, aircraft flyovers and period uniforms.
  • 'We are the casualty:' US pig farmers brace for second round of pork tariffs from China, Mexico

    07/04/2018 11:23:56 AM PDT · by Poison Pill · 75 replies
    CNBC ^ | 7/4/2018 | Jeff Daniels
    U.S. pork producers are about to be bitten by a second batch of hefty retaliatory tariffs from China and Mexico — and that has some large producers predicting they could lose big money and be forced to invest overseas. Executives say the pork industry has been expanding in recent years, in part on the expectation of export opportunities that would continue to support growth. However, the threat of a trade war is adding uncertainty and driving fear. "We put a halt on all investment, not just because we will be losing money, but because we don't know if growing in...
  • Trump threatens Harley-Davidson: If it moves operations they will be taxed like never before!'

    06/26/2018 6:42:31 AM PDT · by Poison Pill · 54 replies
    CNBC ^ | 6/26/18 | Evelyn Cheng
    President Donald Trump threatened on Tuesday that Harley-Davidson will be "taxed like never before" if the motorcycle maker moves production overseas. He claimed that the iconic U.S. company was using increased trade tensions as an excuse to justify planned changes in manufacturing. "A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end - they surrendered, they quit! The Aura will be gone and they will be taxed like never before!" Trump said in a tweet.
  • Supreme Court rules states can collect sales tax for online purchases nationwide

    06/21/2018 9:54:25 AM PDT · by Poison Pill · 154 replies
    Fox News ^ | 6/21/2018 | Bill Mears
    Online shoppers could find costs going up after the Supreme Court did away Thursday with a decades-old precedent limiting the ability of states to collect sales tax on certain out-of-state Internet purchases. The 5-4 ruling called the current rules “unsound and incorrect.”
  • 37 Years Ago Today - Operation Opera: how 8 Israeli F-16s destroyed an Iraqi nuclear plant

    06/07/2018 7:53:57 AM PDT · by Poison Pill · 17 replies
    The Aviationist ^ | 6/7/2014 | Dario Leone
    Israeli Air Force’s interest in the Lockheed Martin F-16 was born after the Yom Kippur War when the IAF realized that, alongside the F-15 Eagle, they needed a new, advanced, relatively cheap, multirole jet. The negotiations with the U.S. to acquire the F-16 started in 1975 and after some years of delay, caused by the Middle East tensions, the Fighting Falcon sale was finalised in 1979 as result of the Camp David peace treaty between Israel and Egypt. The first F-16s were delivered to the IAF in 1980 and the following year, before all the Netz (as the F-16A is...
  • China reportedly considers scrapping two-child limit per family

    05/21/2018 6:31:55 AM PDT · by Poison Pill · 25 replies
    CNBC ^ | 5/21/2018 | Shafi Musaddique
    China is reportedly planning to scrap its controversial two child-policy.The country imposed a one-child policy for decades.China's birthrate has been declining rapidly since the 1980s and has become a pressing concern for President Xi JinPing as he looks to develop the economy.
  • Trump says he's working with Chinese president to get ZTE 'back into business, fast'

    05/13/2018 12:41:49 PM PDT · by Poison Pill · 18 replies
    CNBC ^ | 5/13/2018
    U.S. President Donald Trump said on Sunday that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp "a way to get back into business, fast."ZTE earlier this month suspended its main operations after the U.S. Commerce Department banned American supplies to its business.As one of the world's largest telecom equipment makers, ZTE relied on U.S. companies such as Qualcomm and Intel for components.
  • China's Xi announces plans to open up China, including lowering tariffs on imported autos

    04/09/2018 7:23:01 PM PDT · by Poison Pill · 54 replies
    CNBC ^ | 4/9/2018 | Huileng Tan
    Chinese President Xi Jinping discussed plans to further open up the Chinese economy during a Tuesday address.