Jim O'Neill CNNMoney China's economy will erase all its 2020 losses next year and still record positive growth for this year, ex-Goldman Sachs economist Jim O'Neill told CNBC. He said: "China is well on the way to recovery. It is the country that really matters globally within the BRIC group." O'Neill said other BRIC nations…
It was an opportune moment for Mr. Pecker to showcase his White House connections. He was considering expanding his media and events businesses into Saudi Arabia and also was hunting for moneyed partners in acquisitions. Photo Mr. Pecker’s company, American Media Inc., published a glossy magazine that is essentially a promotional brochure for Saudi Arabia…
Grüezi from the snow-coated Swiss Alps, in whose fir-studded, canvas blanc landscape the World Economic Forum recently transpired. An inescapable theme at this year’s summit was data privacy. The topic happens, ironically, to play counterpoint to another central theme—that datavore dubbed “artificial intelligence,” as Adam Lashinsky, this newsletter’s regular, weekday author, noted in an earlier…
Wuhan, China, was cut off from the outside world Thursday morning, with trains, planes, and other transit suspended.It followed the official death toll of the coronavirus outbreak rising to 17, with 571 people sickened.Authorities told people in the city not to enter or leave without good reason. Wearing a protective mask in public is now…
MOSUL, Iraq — In June 2014, after it captured Mosul, Iraq’s second-largest city, the Islamic State wanted both legitimacy and revenue. To get that, it used armed militants — and seasoned bureaucrats. There were even forms for suicide bombers to fill out. Here is one fighter’s will. He directed ISIS to pay $600 to a…
Sign up for the latest Russia investigation updates here» As Paul Manafort's second criminal trial looms, the former chairman of President Donald Trump's campaign is reportedly in talks with the special counsel Robert Mueller about a possible plea deal before things kick off. But regardless of what Manafort ultimately chooses, Justice Department veterans say it's…
Image copyright AFP/Getty Image caption This is the first time Saudi Arabia has admitted the death of Jamal Khashoggi Journalist Jamal Khashoggi died after a fight in the Saudi consulate in Istanbul, the country's state TV reported quoting an initial probe.It said deputy intelligence chief Ahmad al-Assiri and Saud al-Qahtani, senior aide to Crown Prince…
“We’re going to take the highest year, the biggest purchase that China has ever made with our farmers, which is about $15 billion, and do something reciprocal to our farmers,” the president said. “Our farmers will be very happy. Our manufacturers will be very happy and our government is very happy because we’re taking in…
WASHINGTON (Reuters) - A U.S. federal judge in California barred the Trump administration on Wednesday from implementing a plan to end temporary protections for more than 300,000 immigrants in the United States from El Salvador, Haiti, Nicaragua and Sudan. Paint is seen on cars before members of the Teamsters Union participate in a tractor trailer…
Here’s another reason to circle the 2020 election year on the calendar. It may well be the year of the next U.S. recession.Hefty tax cuts, stepped-up government spending and robust global growth should help insulate the economy against a downturn over the next two years, in spite of last week’s stock-market swoon. That would allow…
