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UK Minister Tells Companies to Stop Brexit Warnings

A British minister accused Airbus and other major companies of issuing “completely inappropriate” threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit. Aircraft manufacturer Airbus last week issued its strongest warning over the impact of Britain’s departure from the European Union, …

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Trump Threatens 20 Percent Tariff on EU Cars

U.S. President Donald Trump is threatening to impose a 20 percent tariff on vehicles assembled in the European Union and shipped to the United States, in retaliation for European tariffs on American imports. On Friday, the day new EU tariffs went into effect, Trump tweeted, “…if these Tariffs and Barriers …

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Turkey Joins Nations Placing New Tariffs on US Products

Turkey announced Thursday that it would impose tariffs on $1.8 billion worth of U.S. goods in retaliation for U.S. President Donald Trump’s tariffs on steel and aluminum imports. The World Trade Organization said the new Turkish tariffs would amount to $266.5 million on products including cars, coal, paper, rice and tobacco. …

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UN: 40M in US Live in Poverty

A report by the U.N. special rapporteur on extreme poverty and human rights finds 40 million people in the United States live in poverty, 18.5 million live in extreme poverty and more than 5 million live in conditions of absolute poverty.  Special Rapporteur Philip Alston called the United States the most …

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Instagram Announces Video Expansion

Social media app Instagram announced Wednesday that it would be increasing its time limit for videos posted on its platform from one minute to 10 minutes, as part of a general expansion of the app’s video capabilities. The photo-sharing app also announced it would be launching a stand-alone app called …

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China Calls Trump Threat of More Tariffs ‘Blackmail’

China calls President Donald Trump’s threat to slap more tariffs on Chinese exports to the U.S. “extreme pressure and blackmail” and threatens to retaliate. Beijing reacted Tuesday to Trump’s plan to impose tariffs on another $200 billion of Chinese goods “if China refuses to change its practices.” “China apparently has …

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