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Trump Administration Rejects Study Showing Positive Impact of Refugees

WASHINGTON — Trump administration officials, under pressure from the White House to provide a rationale for reducing the number of refugees allowed into the United States next year, rejected a study by the Department of Health and Human Services that found that refugees brought in $63 billion more …

Immigration

Oil drops as market braces for more OPEC crude and Wall Street slips

By Ayenat Mersie<p>NEW YORK (Reuters) - Oil fell on Monday as investors prepared for an extra 1 million barrels per day (bpd) of oil to hit markets …

Oil

China Eases Credit Policy as U.S. Tariffs Near

Cut in reserve requirement is meant to support growth as expansion slows and a trade war heats up<p>BEIJING—China’s central bank is freeing up more than $100 billion for commercial banks to boost lending and restructure debt, as the Chinese leadership tries to shore up growth amid slowing momentum for …

Economy

Report: 86 killed in Nigeria as farmers, herders clash

LAGOS, Nigeria (AP) — Scores of people died in central Nigeria during vicious weekend clashes between mostly Muslim herders and Christian farmers, with one report citing police saying 86 people were killed. By some accounts, the growing conflict over resources has become deadlier than Nigeria's …

Africa

Trump’s hard-line view of immigration draws parallels to the 1930s

<i>Want smart analysis of the most important news in your inbox every weekday along with other global reads, interesting ideas and opinions to know? Sign up for the Today's WorldView newsletter.</i><p><b>History doesn’t repeat itself, the saying goes, but it often rhymes.</b> This week in Washington, the ugly …

Political Science

Trump’s GOP is looking to deeply cut food stamps — hitting his voters hard

If Republicans succeed in their multi-front campaign to cut back on food stamps, the burden will fall heaviest on the working-class, rural white voters on whom President Trump has staked the future of their party.<p>House Republicans on Thursday passed legislation that would require Americans ages 18 …

Donald Trump

China calls for constructive efforts to ease Korean tensions | Reuters

BEIJING (Reuters) - China called on Monday for all countries to make constructive efforts to ease tension after North Korea said the latest U.N. sanctions against it are an act of war and tantamount to a complete economic blockade.<p>FILE PHOTO: A Chinese flag is seen in front of the Friendship bridge …

Trump reportedly told friends at Mar-a-Lago 'you all just got a lot richer' hours after signing tax bill

Hours after signing the GOP's massive tax bill on Friday, President Donald Trump told friends at his Mar-a-Lago resort in Florida that they "all just got a lot richer," CBS News reported.<p>In addition to regularly receiving Trump, his family members, and foreign diplomats, the swanky resort plays …

All the day’s economic and financial news, as the Bank of Canada and Stanley Fischer both surprise the markets<p>Earlier:<p>5.29pm BST<p>Time for a quick recap.<p>Canada has been experiencing a period of above-trend growth, underlined by 4.5% annualised GDP expansion in the second quarter, with more timely …

United orders more Airbus A350s but drops largest model | Reuters

PARIS (Reuters) - United Airlines has ordered 10 extra Airbus (AIR.PA) A350 jetliners, while ditching the largest model, the A350-1000, in favor of the smaller and more popular A350-900 and delaying deliveries to save cash, the companies said on Wednesday.<p>An Airbus A350-900 aircraft performs a …

Trump Gifts From Saudi Arabia: Tiger Fur Robes and Chiffon Dresses

When he was a presidential candidate, Donald J. Trump took a hard line against Saudi Arabia, criticizing its human rights record and slamming his opponent, Hillary Clinton, for the donations her family foundation received from the country.<p>But as president, Mr. Trump has been more generous to Saudi …

Hurricane Irma: Powerful storm blamed for three deaths

<b>(CNN) —</b> Hurricane Irma -- one of the strongest storms ever recorded in the Atlantic -- hammered Puerto Rico on Wednesday night after smashing a string of small northern Caribbean islands where at least three people were killed.<p>CNN's Leyla Santiago, in the Puerto Rican capital of San Juan, said …

Rainfall

Iran says warns off U.S. U2 spy plane, drone | Reuters

DUBAI (Reuters) - Iran’s air defenses have forced an approaching U.S. spy plane and a reconnaissance drone to change course near its air space over the past six months, a military official was quoted as saying on Sunday .<p>FILE PHOTO: A staff member removes the Iranian flag from the stage during the …

Cambodia Daily newspaper closes in government tax row

<b>One of Cambodia's last independent newspapers, the Cambodia Daily, has announced it will close after the government ordered it to pay a huge tax bill.</b><p>The paper, which is often critical of the government, said it had been destroyed by the $6.3m (£4.9m) bill.<p>Earlier on Sunday, Cambodia's opposition …

Nassim Taleb identifies the tail risk exposure investors should hedge

In recent weeks, we’ve seen geopolitical risks rise with tensions escalating in North Korea. Meanwhile, Hurricane Harvey brought human tragedy and …

Record-breaking astronaut Peggy Whitson returns to Earth

Astronaut Peggy Whitson returned to Earth late Saturday, wrapping up a record-breaking flight that catapulted her to first place for U.S. space endurance.<p>Whitson's 665 days off the planet – 288 days on this mission alone – exceeds that of any other American and any other woman worldwide.<p>She checked …

Why loneliness may be a greater public health hazard than obesity

As more people opt to live alone, delay or forego marriage, and recede into their smartphones, rates of loneliness are skyrocketing in the United …

Public Health

North Korean nuclear test prompts global condemnation | Reuters

LONDON (Reuters) - North Korea’s biggest nuclear test to date was condemned around the world on Sunday, with several leaders calling for new sanctions and U.S. President Donald Trump saying “appeasement” would not work.<p>A man walks past a street monitor showing Japan's Prime Minister Shinzo Abe (L) …

North Korea

Vote ruling by chief justice surprises Kenyans, but not his colleagues | Reuters

NAIROBI (Reuters) - Kenya’s Supreme Court ruling to scrap last month’s presidential election was shaped by a new chief justice who proved a staunch defender of judicial independence on a continent where judges are often seen as being under the thumb of executive powers.<p>Kenya's Supreme Court judges …

Africa

The government confuses office with power, and may yet pay a terrible price for blindly believing the Brexit talks will prove the need for Tories at the controls<p>The Conservative party is in the most desperate position that I can recall. It confuses office with power. It mistakes the EU referendum …

Conservative Party

Wealth-building strategies financial advisers won’t talk about

While working with a financial adviser isn’t for everyone, hiring a professional to manage your money can pay off in more ways than one. With a …

Personal Finance

Fitbit's Ionic smartwatch is here to take on the Apple Watch

Fitbit’s all-new smartwatch is designed to do battle with the Apple Watch.It’s no secret that Fitbit (FIT) has been working on a smartwatch — …

Kroger Seeks to Repel Amazon’s Onslaught

Grocer slashes prices, adds online ordering options and invests in technology to withstand Amazon’s advance in the business.<p>Kroger Co. is looking for a sales bump to show investors and analysts it can withstand Amazon.com Inc.’s rapid advance in the grocery business.<p>Shares in the largest U.S. …

Kroger

This is what happened when a lonely 90-year-old wrote a letter to a stranger

This past spring, Marleen Brooks, a 37-year-old property manager in the small town of Park Hills, Mo., came home to find a handwritten letter from a 90-year-old woman she had never met.<p>It was just a few lines:<p><i>Would you consider to become my friend. I’m 90 years old — live alone and all my friends</i> …

All aboard, the Bipolar Express

Anyone can have wonky brain chemistry, Beth Beattie writes. So why was it so hard to admit it?<p><i>Facts & Arguments is a daily personal piece submitted by readers. Have a story to tell? See our guidelines at tgam.ca/essayguide.</i><p>I was 35 when I was diagnosed with bipolar disorder. The difficulty I had …

Arrogance comes with these three jobs

If you work in certain jobs, beware: Your co-workers may be egomaniacs.<p>Fully 74% of private chefs, 72% of chief executives and 65% of art directors …

Employment

China's anger at West to overshadow tougher action on North Korea | Reuters

BEIJING (Reuters) - North Korea’s latest nuclear test is likely to pile more pressure on China to take tough action against its neighbor, but Beijing already doubts economic sanctions will work and says it is not its sole responsibility to rein in Pyongyang.<p>North Korean leader Kim Jong Un attends a …

Mattis warns of 'massive military response' to NK nuclear threat

<b>(CNN) —</b> US Defense Secretary James Mattis warned of "a massive military response" to any threat from North Korea against the United States or its allies in a statement outside the White House after a meeting with President Donald Trump, Vice President Mike Pence and top national security advisers …

North Korea

Nuclear N Korea: How worried should we be?

Pyongyang said it had successfully trialled a hydrogen bomb that could be loaded on to a long-range missile.<p>Here's a look at what we know about N Korea's nuclear capability.