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Dollar, Treasury yields jump on Fed jolt as Trump speech looms

The dollar and Treasury yields jumped on Wednesday after Federal Reserve officials jolted traders by suggesting an interest rate rise may be imminent even as markets remained on tenterhooks ahead of a looming speech by U.S. President Donald Trump. Stock markets in Asia were also pulled lower on concerns Trump’s …

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In push to reclaim Raqqa, Trump’s choices range from bad to worse

U.S. President Donald Trump’s push against Islamic State in Syria could present him with an unenviable choice: Alienate NATO ally Turkey by relying on Kurdish fighters or adopt a plan that may slow the assault and require many more U.S. combat forces. The objective of the coming U.S.-backed offensive is …

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U.S. Labor Dept nominee Puzder withdraws, in blow to Trump

In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labor secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senate votes to be confirmed. Puzder’s decision to withdraw is yet another setback this …

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Meeting Israel’s Netanyahu, Trump backs away from commitment to Palestinian state

President Donald Trump on Wednesday dropped a U.S. commitment to a two-state solution to the Israeli-Palestinian conflict, the longstanding bedrock of Washington’s Middle East policy, even as he urged Israeli Prime Minister Benjamin Netanyahu to curb settlement construction. In the first face-to-face meeting between the two leaders since Trump’s victory …

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Exclusive: In call with Putin, Trump denounced Obama-era nuclear arms treaty – sources

In his first call as president with Russian leader Vladimir Putin, Donald Trump denounced a treaty that caps U.S. and Russian deployment of nuclear warheads as a bad deal for the United States, according to two U.S. officials and one former U.S. official with knowledge of the call.     When …

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Senior Democrat says Trump court pick avoided questions ‘like the plague’

The Senate’s top Democrat on Tuesday accused President Donald Trump’s Supreme Court pick of avoiding answering questions “like the plague” and dodging efforts to gauge his judicial independence during a meeting that deepened his concerns about the nominee. Neil Gorsuch, the federal appeals court judge from Colorado who the Republican …

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Asia shares down, euro pressured on Trump, European political woes

Asian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ticked down 0.2 percent, slipping further from Monday’s four-month high. South Korean shares …

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Tech companies to meet on legal challenge to Trump immigration order

A group of technology companies plans to meet on Tuesday to discuss filing an amicus brief in support of a lawsuit challenging U.S. President Donald Trump’s order restricting immigration from seven Muslim-majority countries, said a spokesperson for a company organizing the gathering. The meeting is being called together by GitHub, …

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Trump, South Korea’s Hwang agree to strengthen defenses against North Korea: White House

U.S. President Donald Trump and South Korean Acting President Hwang Kyo-ahn agreed to take steps to strengthen joint defense capabilities to defend against North Korea’s nuclear threat, the White House said on Sunday after a telephone call between the two leaders. “President Trump reiterated our ironclad commitment to defend (South …

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Trump talks to Putin, other world leaders about security threats

President Donald Trump discussed Syria and the fight against Islamic State with Russian President Vladimir Putin on Saturday in one of several calls with world leaders that the new U.S. president used to put his stamp on international affairs. Trump’s call with Putin was their first since the New York …

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