DAVOS, Switzerland, Jan 20 (Reuters) – Canadian Prime Minister Mark Carney said on Tuesday that the country strongly opposed any tariffs being imposed by the U.S. to further President Donald Trump’s aim of acquiring Greenland. Trump announced tariffs on Saturday on imports from European allies that opposed his desire for the United States to take…
By Holger Hansen BERLIN, Jan 20 (Reuters) – The German government is lowering its growth forecast for gross domestic product (GDP) in 2026 to 1.0% from 1.3%, according to a person familiar with the projections, reflecting greater economic uncertainty in international trade. The downward revision is likely to be included in the Economy Ministry’s annual…
By Amanda Stephenson CALGARY, Jan 19 (Reuters) – Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a U.S. attack that could disrupt supplies from the major producer, while market-watchers turned their attention to a stand-off over Greenland. Brent crude was up one cent, or 0.02%, at $64.14 a…
(Corrects to remove Danish Presidency in the European Union from disclaimer, as Denmark is no longer holding the presidency, in paragraph 3) Jan 18 (Reuters) – U.S. President Donald Trump said on Sunday that Denmark has not been able to do anything to get the “Russian threat” away from Greenland, and said, “Now it is…
By Sudip Kar-Gupta and Ingrid Melander PARIS, Jan 16 (Reuters) – French Prime Minister Sebastien Lecornu announced on Friday a series of amendments to his draft 2026 budget, seeking to win the backing of the Socialist Party with steps to boost the income of poorer workers, students and pensioners. After three months of talks in…
Exxon and Chevron Have an Unlikely New Competitor Strange picture predicts the market’s next move? [sponsor] Exxon and Chevron Have an Unlikely New Competitor [sponsor] Energy giants like Exxon and Chevron are buying land in America’s lithium hotspot. Now they’ve got a new neighbor. EnergyX has now acquired 35k gross acres in Southwest Arkansas, right next…
By Howard Schneider BOCA RATON, Jan 16 (Reuters) – U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be “of the highest integrity.” “I have great respect for the chair,” Jefferson said in comments to reporters after an…
By Idrees Ali and Phil Stewart WASHINGTON, Jan 18 (Reuters) – The Pentagon has ordered about 1,500 active-duty soldiers in Alaska to prepare for a possible deployment to Minnesota, the site of large protests against the government’s deportation drive, two U.S. officials told Reuters on Sunday. The U.S. Army placed the units on prepare-to-deploy orders…
By John Irish and Andreas Rinke Jan 18 (Reuters) – Governments reacted cautiously on Sunday to U.S. President Donald Trump’s invitation to join his “Board of Peace” initiative aimed at resolving conflicts globally, a plan that diplomats said could harm the work of the United Nations. Only Hungary, whose leader is a close Trump ally,…
Jan 18 (Reuters) – European capitals may hit the U.S. with 93 billion euros ($107.71 billion) worth of tariffs or restrict American companies from the bloc’s market in response to U.S. President Donald Trump’s threats to NATO allies opposed to his campaign to take over Greenland, the Financial Times reported on Sunday. The retaliation measures…
