Japanese leader Abe to visit Pearl Harbor with Obama
Mon, 05 Dec 2016 07:20:10 -0500
TOKYO (AP) — Japanese Prime Minister Shinzo Abe will visit Pearl Harbor with U.S. President Barack Obama at the end of this month, becoming the first leader of his country to go to the U.S. Naval base in Hawaii attacked by Japan in 1941, propelling the United States into World War II.
North Dakota pipeline protesters vow to stay despite victory
Mon, 05 Dec 2016 07:18:40 -0500
CANNON BALL, N.D. (AP) — Protesters celebrated a major victory in their push to reroute the Dakota Access oil pipeline away from a tribal water source but pledged to remain camped on federal land in North Dakota anyway, despite Monday's government deadline to leave.
Get used to it: Economists see "new normal" of slow growth
Mon, 05 Dec 2016 07:16:30 -0500
Americans should get used to a "new normal" of slow economic growth, business economists say. The median estimate from economists surveyed by the National Association for Business Economics calls ...
Trump taps former campaign rival Carson as housing secretary
Mon, 05 Dec 2016 07:11:07 -0500
WASHINGTON (AP) — President-elect Donald Trump, moving to complete formation of his Cabinet and decide other key administration posts, chose former campaign rival Ben Carson on Monday to be secretary of the Department of Housing and Urban Development.
S.Africa's DA party asks court to compel Zuma to set up influence-peddling inquiry
Mon, 05 Dec 2016 06:57:04 -0500
South Africa's main opposition party said on Monday it had asked the Constitutional Court to compel President Jacob Zuma to establish a judicial inquiry into alleged influence-peddling in his government. The Democratic Alliance's (DA) application came days after Zuma asked the High Court to set aside a report by the former Public Protector which called for an investigation into whether he and some cabinet members and state companies had acted improperly. "The DA has filed papers in the Constitutional Court to seek a declaratory order that President Jacob Zuma has violated his constitutional obligations in not giving effect to the remedial action set out in Public Protector's State Capture report by establishing a Commission of Inquiry by 2 December 2016," the party said in a statement.
Abe to make first Pearl Harbor visit by Japan leader
Mon, 05 Dec 2016 06:56:34 -0500
Prime Minister Shinzo Abe is to become the first Japanese leader to visit Pearl Harbor, announcing Monday a trip to Hawaii this month for talks with US President Barack Obama. Abe, who will be in Hawaii on December 26 and 27, will visit the site of the surprise Japanese attack on December 7, 1941, that began World War II in the Pacific. The Hawaii visit comes after Obama in May journeyed to Hiroshima, the Japanese city where a US plane dropped the world's first atom bomb in the closing chapter of the war.
Italy's Renzi to resign after referendum rout
Mon, 05 Dec 2016 06:55:56 -0500
By Crispian Balmer and Gavin Jones ROME (Reuters) - Italian Prime Minister Matteo Renzi is set to resign on Monday after suffering a crushing defeat in a referendum over constitutional reform, tipping the euro zone's third-largest economy into political turmoil. Renzi's emotional, midnight resignation announcement sent the euro lower and jolted stock and bond markets on concerns that early elections could follow, possibly paving the way for an anti-euro party, the 5-Star Movement, to come to power. European Commissioner for Economic and Financial Affairs Pierre Moscovici dismissed talk of a euro zone crisis, and German Finance Minister Wolfgang Schaeuble urged calm.
Trump names former rival Ben Carson as housing secretary
Mon, 05 Dec 2016 06:53:59 -0500
US President-elect Donald Trump on Monday chose Ben Carson, the mild-mannered retired neurosurgeon who challenged him for the Republican nomination, to turn around troubled US inner cities as secretary of housing and urban development. Carson, an African American who is a religious conservative, has no background in housing policy but has cited his poor childhood in Detroit as a qualification for the job. "Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities," Trump said in a statement.
European markets rebound from Renzi-sparked losses
Mon, 05 Dec 2016 06:48:58 -0500
European stocks and the euro rebounded sharply Monday as investors were reassured by the speed of Italian Prime Minister Matteo Renzi's resignation after losing a crunch referendum. The region's markets began the day in negative territory, with Milan tumbling two percent, but recovered somewhat with sentiment soothed also by the defeat of the far-right in Austria's presidential election. "The Italian referendum is the major story that will dominate market moves throughout Monday... after Renzi left his position after a bruising defeat," said GKFX analyst James Hughes.
Army advances in Aleppo, talks planned on rebel exit
Mon, 05 Dec 2016 06:47:36 -0500
Syria's army gained ground in the battle for Aleppo on Monday, as regime ally Russia said it would hold talks with Washington on a total rebel withdrawal from the city. President Bashar al-Assad's forces have seized two-thirds of the former rebel bastion in east Aleppo since they began an operation to recapture all of Syria's battered second city in mid-November. The rapid gains for regime forces have left opposition fighters reeling and on Monday Russian Foreign Minister Sergei Lavrov said talks would be held with Washington on a complete rebel evacuation from the city.