Facebook’s $100 billion-plus rout is the biggest loss in stock market history

Facebook on Thursday posted the largest one-day loss in market value by any company in U.S. stock market history after releasing a disastrous quarterly report. The social media giant’s market capitalization plummeted by $119 billion to $510 billion as its stock … Read More

U.S. touts EU trade truce, attention now turns to China

WASHINGTON (Reuters) – The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Europe in a fragile deal that may clear the way … Read More

Brexit warning: France ready for a ‘BRUTAL DIVORCE’ as no-deal EU split looms

posted in: European Union, News

FRANCE is preparing contingency plans for a “brutal divorce” between the UK and the European Union, with one senior minister claiming Britain will be the country that will suffer the most from a no-deal Brexit. Nathalie Loiseau, the French minister … Read More

Amid Trump threats, senior Iran general says his forces ‘ready to confront’ U.S.

A handout picture provided by the Iranian presidency on July 22, 2018 shows President Hassan Rouhani attending a meeting with foreign ministry officials in Tehran.  (Photo: -, AFP/Getty Images) Trump was responding to Iranian President Hassan Rouhani, who had said … Read More

US-EU trade agreement wins cautious welcome in Germany

posted in: Germany, News

BERLIN  Political and business leaders in Germany, Europe’s biggest economy, on Thursday welcomed a deal to defuse trade tensions between the U.S. and the European Union, but relief was tempered with caution that details must still be firmed up. At … Read More

Kilauea Volcano’s Eruptions Could Continue for Months or Years, Report Says

At a Glance A new report from the Hawaii Volcano Observatory says the eruptions at the Kilauea Volcano could continue for months or years. Lava flows have been reported at the lower East Rift Zone since May 3. Since the … Read More

U.S. military takes possession of remains that North Korea says belong to Americans who died in the Korean War

Visitors look at the names of U.S. troops killed in the Korean War at the War Memorial of Korea in Seoul. (Ahn Young-Joon/AP) OSAN AIR BASE, South Korea — A U.S. Air Force plane carrying what are thought to be the … Read More

Russia promises to respond to the deployment of NATO forces at Georgian border

posted in: News, Russia

Konstantin Kosachev, the head of the Foreign Affairs Committee of the Russian Federation announced on Wednesday that Russia will have to implement its own military plan in case of Georgia’s membership in NATO and the deployment of NATO forces at … Read More

Europe’s worsening migrant crisis

Dr Moonis Ahmar One cannot overlook the religious and cultural aspects of the European migrant crisis. In her annual summer press conference held in Berlin on July 20, the German Chancellor Angela Merkel called for pursuing a more “civilized approach” … Read More

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