May 2019 ~ FX MAROC

President Rodrigo Duterte of the Philippines is calling for action to lessen the chance of conflict in the South China Sea, where the U.S. and other countries are challenging China's assertions of sovereignty.

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"Our government is devoting significant resources to this mission. This is a massive effort," Patrick Shanahan said at the Shangri-La Dialogue.

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China will establish a list of unreliable entities of foreign companies that "seriously damage" the interests of domestic firms.

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Trump's surprise vow to slap new tariffs on Mexican goods undermines the chance of a trade resolution with China.

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The tariff was pushed by advisor Stephen Miller, an immigration hawk, according to the source close to the White House.

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The U.S. Justice Department is reportedly planning to launch an antitrust investigation into Google.

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South Korea is readying to prevent an outbreak of African swine fever in its pig herd after the disease was found in North Korea at a farm in Jagang province.

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Shares of Asian automakers dropped in Friday morning trade after U.S. President Donald Trump announced fresh tariffs on Mexico.

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The Philippines has started returning dozens of shipping containers full of trash to Canada after a long-running row over waste exports that has tested diplomatic ties amid threats from firebrand President Rodrigo Duterte.

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"We are now entering into a period of great power rivalry. The outcome is unclear, but it is critical that we stabilize the system," said a Singaporean official.

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Trump plans to tell the British government that Washington may limit intelligence sharing with the U.K. if it continues to allow Chinese tech giant Huawei to build part of its 5G mobile network, the FT reported.

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Saudi Arabia's King Salman told an emergency Arab summit on Thursday that decisive action was needed to stop Iranian "escalations" in the region following attacks on Gulf oil assets.

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Market participants moved aggressively to price in deeper rate cuts by the Federal Reserve over the coming months.

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China's manufacturing activity contracted more than expected for in the month of May amid a bitter trade war with the U.S.

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North Korea executed Kim Hyok Chol, its special envoy to the United States, and foreign ministry officials who carried out working-level negotiations for the second U.S.-North Korea summit in February, a South Korean newspaper reported on Friday.

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Stocks in Asia traded mixed on Friday afternoon as Chinese economic data came in below expectations.

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Duties of up to 25% will be added if Mexico does not substantially stop the "illegal inflow of aliens" entering the U.S., the White House said Thursday.

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The White House has put pressure on House Speaker Nancy Pelosi and Democrats to ratify the United States Mexico Canada Agreement.

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"If we can't be economic, there's no hope for the U.S. industry," said James Litinsky, owner of the only rare earth minerals mine in the U.S.

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Uber reported earnings for the first time as a public company on Thursday after the bell.

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Facebook CEO Mark Zuckerberg on Thursday said the company is working on a number of projects that could benefit from an AI voice assistant.

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Pence's remarks are expected to bring a censure on China's human rights record from one of the Trump administration's highest ranking China hawks.

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The Italian-American automaker's bid to merge with Renault is fraught with "significant execution risks" that could scuttle the deal.

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Bitcoin is closing out the month near $9,000 -- a more than 68% rally from May 1.

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About 35% of global reserves are in China, the most in the world, and the country is a mining machine, producing 70% of total rare earths in 2018.

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The firm cut its Apple price target from $240 to $231, but has not changed its estimates for sales or profits.

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The oil market is watching a Chinese ship carrying Iranian crude, while the U.S. government warns it will enforce its sanctions on Iranian oil.

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Star Wars fans who had long dreamed about piloting the Millennium Falcon will now get that chance when the gates to Star Wars: Galaxy's Edge at Disneyland finally open on Friday.

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DoubleLine CEO Jeffrey Gundlach believes the recent slump in long-term U.S. government debt yields may finally be over.

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The man, identified as Arnav Gupta of Bethesda, Maryland, lit himself on fire Wednesday afternoon on the Ellipse Park, not far from the Washington Monument, in full view of passersby.

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Brussels has begun the search for a new president of the European Commission, the EU's executive arm

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China has halted purchases of American soybeans in another chess move in the escalated trade war, according to a Bloomberg report.

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Eating five or more servings of ultra-processed foods per day increased the risk of mortality by 62%, researchers claimed.

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Turkey's lira jumped nearly 1.5% on Thursday on expectations that ties with Washington will improve.

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Jaguar Land Rover, BMW Mini, Honda, and Peugeot-owned Vauxhall all switched off their production lines.

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Julian Assange is too ill to appear via a video link from a UK prison in a hearing on an extradition request from the US, his lawyer said.

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Achieving a united plan of action against Iran among Gulf states will likely still prove challenging, experts say.

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The government of President Nicolas Maduro halted the publication of economic indicators in 2015 as the OPEC nation's socialist system began to unravel in response to the global decline in oil prices.

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In an open letter to GCHQ, 47 signatories including Apple, Google and WhatsApp have jointly urged the U.K. cybersecurity agency to abandon its plans for a so-called "ghost protocol."

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The 92 professional soccer teams in the English Premier League (EPL) and the three divisions below have amassed a record £5.8 billion ($7.3 billion) in revenue during the 2017/18 season, topping the table of Europe's elite leagues.

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No-kill technology is being rolled out to egg-laying hen hatcheries with the federal court set to rule in an animal rights case.

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Known as "Panda" bonds, that's yuan-denominated debt issued by a foreign sovereign issuer, the sale will take place Wednesday and Thursday.

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Finnair's recent code-sharing partnerships with Chinese airlines are important for the company to build up its presence in China, according to CEO Topi Manner.

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German publishing house Axel Springer SE said on Wednesday it is in negotiations with private equity firm KKR.

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While the U.S. still ranked first in economic performance, its overall ranking declined, according to Switzerland-based business school IMD.

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"When the president says he doesn't want a war with Iran, I think that is pretty clear," acting U.S. Secretary of Defense Patrick Shanahan told reporters traveling with him to Indonesia.

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Malaysia's leader acknowledged there may be some intelligence risk from Huawei. "But what is there to spy in Malaysia?" he asked.

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Trade tensions between the U.S. and China escalated sharply earlier after Washington accused Beijing of having "reneged" on its previous promises to make structural changes to its economic practices.

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Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea on Thursday, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation.

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The Wall Street Journal reported on Wednesday that the White House wanted the U.S. Navy to move the ship named for the late Arizona senator "out of sight," citing an email between U.S. military officials.

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At least seven people were killed and more than a dozen were missing after a pleasure boat carrying South Korean tourists capsized on the flooding Danube in the Hungarian capital on Wednesday, police and ambulance said.

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The U.S. government is imposing duties of up to 79.7% on Chinese-made kegs and up to 1,731% on mattresses.

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Stocks in Asia were mostly lower in Wednesday afternoon trade as increasing tensions between the U.S. and China weighed on investor sentiment.

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ByteDance owns viral social media apps like TikTok and news aggregators like Toutiao in China. It's now looking to expand its reach into new areas like smartphones.

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DeSantis' promotion is a big stamp of approval by Bezos and Amazon's leadership team, signifying his rise in the ranks.

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On Wednesday, a new email from Tesla CEO Elon Musk to all employees asked them to focus on making end-of-quarter deliveries better than they have been, and called for new meetings with delivery teams every two days "to understand what's needed."

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Shanahan downplayed concerns that the U.S.-China trade war would further complicate defense discussions between Washington and Beijing.

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Boeing's CEO, Dennis Muilenburg, said in an interview with CBS Evening News that he "personally" apologizes to victims' families after two deadly crashes of Boeing 737 Max aircraft killed 346 people.

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McDonald's Times Square flagship location opens Thursday.

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Iran will not negotiate with the United States over its nuclear and missile programmes, Supreme Leader Ayatollah Ali Khamenei said on Wednesday.

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The modified Boeing 747 is born and bred for battle, standing nearly six stories tall, equipped with four colossal engines and capable of enduring the immediate aftermath of a nuclear detonation.

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The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China, according to a Reuters report.

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Stocks fell as bond yields declined again, triggering concerns about the economic outlook.

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McDonald's CEO Steve Easterbrook said Wednesday that African swine fever is affecting the global fast-food chain's pork supply chain.

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"If we had had confidence that the president clearly did not commit a crime, we would have said so," Robert Mueller says in breaking his silence about his 22-month probe of the 2016 election.

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SoFi closed a $500 million funding round Wednesday led by Qatar Investment Authority.

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Amazon has been criticized for how it handles voice recording and transcripts.

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The biggest Chinese newspaper made a warning to the U.S. using a phrase it only used twice in history, both of which involved full-on wars.

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Michelle Obama and the IMF's Christine Lagarde have been named among the 100 most influential people in gender policy this year.

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McDonald's CEO Steve Easterbrook said that the fast food chain is trying to figure out if adding a vegan burger will drive sales enough to make up for the added complexity it will add to its menu.

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Special counsel Robert Mueller will make a statement on Wednesday regarding his investigation into Russian interference in the 2016 election, according to a Department of Justice press release.

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A long-running saga between Brussels and Rome spilled over into financial markets again this week.

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Oil output disruption in the country depends very much on how the fighting around Tripoli evolves.

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Arif Naqvi, founder of collapsed firm Abraaj Group, has been released from custody after meeting bail conditions, a court official said.

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Huawei seeks a summary judgment in hopes of avoiding a full-blown trial in a lawsuit the Chinese telecom giant filed against the U.S. in the March.

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The Cricket World Cup is one of the biggest sporting events this year. Host nation England start the tournament as favorites, but India is hoping to not only take home the trophy, but a big share of the returns.

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Boeing remains under huge pressure to satisfy regulators, airlines and travelers that the plane is now safe.

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Boris Johnson, the favorite to replace Theresa May as British prime minister, must appear in court over allegations he lied to the public about Brexit, a judge ruled on Wednesday.

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"Game of Thrones" star Kit Harington has reportedly checked in to a wellness retreat following the end of the show's final season.

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The United States has warned Hong Kong to be on alert for a vessel carrying Iranian petroleum that may seek to stop in the Asia financial hub.

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Growing uncertainty about global economic growth could lead to "bouts of high volatility" in financial markets, the ECB warned.

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Britain's Brexit paralysis served as a "vaccine" against the euroskeptic vote in the European Union's parliamentary elections, European Council President Donald Tusk said on Tuesday.

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Tensions have spiked this month following the tanker attack, which UAE authorities described as sabotage, and a subsequent drone attack on Saudi oil pumping stations claimed by Iranian-backed Yemeni Houthi rebels.

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On the back of success with the major mobile hit "Pokemon Go," The Pokemon Company has a new game app in the works: "Pokemon Sleep."

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Amid falling sales in important sectors, India's consumption-fueled growth is slowing.

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Friday, May 31, 2019

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