17 Feb 2017

FBI: Man plotted to put bombs in Target stores

“Federal agents arrested an Ocala man accused of planning to put bombs in Target stores because he allegedly believed it would earn him money. Mark Barnett, 48, is accused of trying to recruit someone to put ten bombs in ten different Target stores all over the east coast. Agents said

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16 Feb 2017

Trudeau says Canada, EU must lead world economy

“Canadian Prime Minister Justin Trudeau said on Thursday that the whole world benefited from a strong European Union and that the bloc and his country needed to lead the international economy in challenging times.” Source: Trudeau says Canada, EU must lead world economy | Reuters

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15 Feb 2017

Nigeria Loses Up to $100 Billion in Revenue as Attacks Cut Oil

“Nigeria said it lost out on as much as $100 billion in revenue last year as attacks by militants in the oil-rich Niger Delta cut crude output to a record low.” Source: Nigeria Loses Up to $100 Billion in Revenue as Attacks Cut Oil – Bloomberg

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15 Feb 2017

US mulls new tactic to prod China on yuan: report

“United States President Donald Trump’s administration is considering a new tactic to discourage China from undervaluing its currency that falls short of a direct confrontation, The Wall Street Journal reported, citing people with knowledge of the policy.” Source: US mulls new tactic to prod China on yuan: report | South

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13 Feb 2017

America’s Biggest Creditors Dump Treasuries in Warning to Trump

“In the age of Trump, America’s biggest foreign creditors are suddenly having second thoughts about financing the U.S. government. In Japan, the largest holder of Treasuries, investors culled their stakes in December by the most in almost four years, the Ministry of Finance’s most recent figures show. What’s striking is

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10 Feb 2017

The AI Threat Isn’t Skynet. It’s the End of the Middle Class

“‘One of the reasons I don’t like the discussions about superintelligence is that they’re a distraction from what’s real,’ says Oren Etzioni, CEO of the Allen Institute for Artificial Intelligence, who attended the conference. ‘As the poet said, have fewer imaginary problems and more real ones.’ At a time when

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10 Feb 2017

Wall St. set to open higher after Trump tax cut talk

“Wall Street looked set to open slightly higher on Friday, a day after its major indexes hit record highs on President Donald Trump’s promise to unveil a tax reform plan in the coming weeks.” Source: Wall St. set to open higher after Trump tax cut talk | Reuters

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08 Feb 2017

Workers Set to Strike at World’s Largest Copper Mine

“Workers at the world’s largest copper-mining operation are expected to strike on Thursday, driving up copper prices on fears of a shortage of the metal and expectations it could trigger stoppages at other mines. A strike at the BHP Billiton Ltd.-controlled Escondida mine in Chile would follow unsuccessful talks on worker

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31 Jan 2017

Saudi Arabia signals end of tax-free living as oil revenues slump

“Tax-free living will soon be a thing of the past for Saudis after its cabinet on Monday approved an IMF-backed value-added tax to be imposed across the Gulf following an oil slump.” Source: Saudi Arabia signals end of tax-free living as oil revenues slump | World news | The Guardian

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30 Jan 2017

Bitcoin wallets get a key approval in Switzerland

” In Switzerland, at least, that matter is settled. Xapo has received ‘conditional approval’ for running its bitcoin wallet service from the country. It’ll have to participate in a self-regulatory organization and meet other unspecified terms, but it won’t have to secure a banking license. As of now, it’s classified

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