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Dollar falls to 13-month low against major currencies

THE dollar struggled near a 13-month low against a basket of major currencies today as US political turmoil dampened hopes for quick passage of President Donald Trump’s stimulus and tax reform agendas and the euro extended gains. Click here to Read from the source

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UK government to discuss Brexit implementation period later this year: minister

BIRMINGHAM, England (Reuters) – Britain’s business minister said the government will discuss later this year how a transitional period after Brexit might work, a key demand for businesses worried about a cliff-edge exit at the end of two-year talks in March 2019. Many companies have urged the government to push the European Union to agree a clear and lengthy transitional ...

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Iran top judge demands U.S. release assets, jailed Iranians

DUBAI (Reuters) – Iran’s top judge called on the United States on Monday to release Iranians held in U.S. jails and billions of dollars in Iranian assets, days after Washington urged Tehran to free three U.S. citizens. The statement by Ayatollah Sadeq Larijani capped a week of heightened rhetoric over the jailing and disappearance of Americans in Iran and new ...

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Venezuela crisis enters pivotal week, Maduro foes protest

CARACAS (Reuters) – Venezuela’s opposition planned to plaster election centers with banners and rally in honor of dead protesters on Monday in a final week-long push to force President Nicolas Maduro into aborting a controversial congress. The unpopular leftist leader is pressing ahead with the planned vote for a Constitutional Assembly next Sunday despite the opposition of most Venezuelans, a ...

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Chainsaw attacker targets insurer in Swiss rampage, still on run

ZURICH (Reuters) – Police have identified the chainsaw-wielding suspect in an attack that left several injured in the Swiss town of Schaffhausen on Monday, they said, adding the incident was not an “act of terror”. Police said the man entered an office building on Monday morning. Police were informed at 10:39 a.m. (0839 GMT). The suspect — identified as balding ...

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Suicide bomber in Pakistan's Lahore kills 25, many of them police

LAHORE, Pakistan (Reuters) – An explosion killed two people and wounded 19 in the eastern Pakistani city of Lahore on Monday, a rescue service spokesman said, but it was not clear what caused the blast. “We can confirm that it’s an explosion. Two people are dead so far,” said Jam Sajjad Hussain, spokesman for the Rescue 1122 service. Bomb blasts ...

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Philippines' Duterte warns miners: 'I will tax you to death'

MANILA (Reuters) – Philippine President Rodrigo Duterte on Monday said he wanted to stop exporting mineral resources and might close the mining sector completely and tax miners “to death” if damage to the environment persisted. “The protection of the environment must be made a priority ahead of mining and all other activities that adversely affect one way or another,” Duterte ...

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