US pressures SWIFT to cut off Iran from global banking transactions to enforce sanctions

The US aims to disconnect Iran from the SWIFT global payment network as part of new economic sanctions against the Islamic Republic in November. Disconnection from network would make it difficult for Iran to get paid for exports. “I can assure you our objective is to make sure that sanctioned transactions do not occur whether […]

In China, a rare public spat between officials as debt pressures build

LIKE other countries, China has bureaucratic infighting. But it does better than most at keeping tussles hidden from outside view, especially under Xi Jinping, a president who brooks no dissent. So it has been highly unusual to see a spat between the central bank and finance ministry spill into the open. It reveals cracks in […]

Hasbro offers to buy Mattel as tech pressures the toy world

Toys ‘R’ Us may not be the only major casualty of technology’s influence on the toy industry. Wall Street Journal sources claim that Hasbro recently made an offer to buy Mattel. It’s not clear what terms Hasbro offered or how receptive Mattel was, but it would put two of the best-known kids’ brands together — […]

‘Bring back Main Street’: Trump pressures Congress to unite on tax reform

President Donald Trump is counting on bipartisan support for his tax reform plan, which he says will boost the economy and the middle-class. And, he may be in luck, as Democratic lawmakers facing reelection in states Trump won feel the political pressure. At a manufacturer in Springfield, Missouri, Trump told an audience of supporters that […]

Neymar pressures Liverpool star Philippe Coutinho to snub Barcelona and join him at PSG

The Brazil internationals are firm friends, having met at the age of 14 in the youth levels. And it appears Neymar now wants them to begin playing their club football together too. Barcelona could lose the superstar to French giants PSG this week. The Catalan giants have subsequently targeted Coutinho as Neymar’s replacement at the […]

ICE takes aim at MS-13, pressures local police to ‘hang on’ to criminal detainees

Published time: 28 Jul, 2017 04:20 US Immigration and Customs Enforcement has announced a crackdown on MS-13, but its strategy may run counter to the city policy in Los Angeles, an important hub of the infamous gang. ICE is calling on local law enforcement to help out. A White House statement Thursday said the Department […]

Trump pressures GOP senators to pass healthcare bill in tweetstorm while rolling up to Bastille Day parade in France

Gonzalo Fuentes/Reuters President Donald Trump on Friday took to Twitter to pressure members of his own party to pass healthcare legislation, shooting off the messages just moments before attending a Bastille Day parade in France. “After all of these years of suffering thru ObamaCare, Republican Senators must come through as they have promised!” Trump tweeted. Senate Republican […]

Chinese inflationary pressures remain weak

ChinaFotoPress/Getty Images Chinese consumer price inflation remains weak, and it looks like the rebound in factory-gate prices is now also past its peak. According to figures released by China’s National Bureau of Statistics (NBS) on Wednesday, consumer price inflation (CPI) increased by just 0.9% from a year earlier. While above the 0.8% increase reported in […]