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Monthly Archives: January 2018

US aggressively defends ‘America First’ agenda ahead of Trump’s visit to Davos

Andrew Harrer | Bloomberg | Getty Images A poster of U.S. President Donald Trump’s fiscal 2018 budget request, America First: A Budget Blueprint to Make America Great Again, stands on display at the Government Printing Office (GPO) library in Washington, D.C., U.S., on Thursday, March 16, 2017. Senior U.S. officials …

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Don’t use trade as a weapon, use it to solve problems

Wang He | Getty Images Jack Ma, founder of the Alibaba Group attends the 2017 forum on rural headmasters on July 12, 2017 in Hangzhou, Zhejiang province of China. In what appears to be a thinly-veiled attack on the U.S. administration, the founder and executive chairman of the e-commerce behemoth …

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World leaders rally against ‘protectionism’ before Trump gets to Davos

Getty Images President Donald Trump stands in the colonnade in the Rose Garden at the White House on January 19, 2018 in Washington, DC. World leaders speaking at the World Economic Forum in Davos have made it clear that they disagree with the anti-free trade rhetoric coming out of the …

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Trump to meet with world leaders, business CEOs at Davos forum

Saul Loeb | AFP | Getty Images President Donald Trump shakes hands with Gary Cohn, Director of the National Economic Council, during a retreat with Republican lawmakers and members of his Cabinet at Camp David in Thurmont, Maryland, January 6, 2018. U.S. President Donald Trump will meet with Israeli Prime …

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Hackers targeting Apple, Google app stores with malicious crypto apps

Chesnot | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin, displayed on December 23, 2017 in Paris, France. Hackers are targeting app stores from the likes of Apple and Google with malicious cryptocurrency apps to steal money and personal data, according to a study. Researchers at cybersecurity firm …

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Trade wars aren’t new but ‘US troops are coming to the ramparts’

Mary Turner | Reuters Commerce Secretary Wilbur Ross, speaks at the Conferederation of British Industry’s annual conference in London, Britain, November 6, 2017. U.S. Commerce Secretary Wilbur Ross appeared to suggest Wednesday that the United States was ready to enter into trade wars. Speaking at a press conference at the …

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South Africa is seeing renewed optimism from business, central bank chief says

Waldo Swiegers/Bloomberg via Getty Images Lesetja Kganyago, governor of the South African Reserve Bank. “It’s not just the IMF (International Monetary Fund) and business community that wants the structural reform to take place. Mr. Ramaphosa as deputy president of the country has moved with speed to (make) changes,” Kganyago said, …

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The ECB is edging toward ‘taper’ talk as Europe’s economy sees its best growth in a decade

Ralph Orlowski | Reuters European Central Bank (ECB) President Mario Draghi addresses a news conference at the ECB headquarters in Frankfurt, Germany July 20, 2017. The European Central Bank (ECB) is slowly moving toward an exit to its massive bond-buying program as the economy is doing far better than expected, …

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Indian PM Narendra Modi’s Davos speech had a China reference, says one expert

Wang Zhou | Getty Images Indian Prime Minister Narendra Modi (L) shakes hands with Chinese President Xi Jinping (R) at a G20 summit on September 4, 2016 in Hangzhou, China. Modi — the first Indian prime minister to attend the annual World Economic Forum meeting in Davos, Switzerland since 1997 …

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Legendary author Ursula K. Le Guin dies at 88

Dan Tuffs | Getty Images North America | Getty Images Ursula Le Guin at home in Portland, Origon, California December 15 2005. Ursula K. Le Guin, the renowned author of the “Earthsea” series, has died at the age of 88. Her more than 20 novels and more than 100 works …

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