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.... Tillerson knew both Sechin and the Russian president, Vladimir Putin, for more than a decade before he became secretary of state. After the Ukraine-related sanctions put in place under Barack Obama, Tillerson saw Exxon’s stake in a lucrative offshore drilling project with Rosneft come under threat. ... [Read full article on Guardian ]
Thursday 20th of July 2017 04:22:56 PM
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Latest Finance News related to Barack Obama

Exxon fined $2m for violating Russia sanctions while Rex Tillerson was CEO image
.... Tillerson knew both Sechin and the Russian president, Vladimir Putin, for more than a decade before he became secretary of state. After the Ukraine-related sanctions put in place under Barack Obama, Tillerson saw Exxon’s stake in a lucrative offshore drilling project with Rosneft come under threat. ...
JP Morgan chief blasts US dysfunction: 'It's almost an embarrassment being American' image
....”. Dimon’s letter was written as Trump began his attempts to dismantle Barack Obama’s legacy of environmental protections. ...
How healthy is the global financial system? | Mohamed El-Erian image
Source : Guardian [Read Article] Monday 10th of July 2017 09:00:47 AM
Volvo signals carmakers' growing confidence in an electric future image
Source : Guardian [Read Article] Wednesday 5th of July 2017 05:31:24 PM
....Electric cars show a route off that dependence, but their take-up has repeatedly disappointed. Barack Obama predicted 1m such car models in the US by 2015 – the actual number was 280,000. ...
Trump could use alternate routes to roll back bank reforms image
Source : Guardian [Read Article] Sunday 25th of June 2017 11:00:28 AM
....On the campaign trail and in office, Donald Trump has promised to replace the Dodd-Frank Wall Street regulations, triggering fears that he could unleash a new wave of reckless bankers armed with dangerous and loosely regulated financial practices. The Dodd-Frank Act was signed into law by Barack Obama in 2010, in response to the financial meltdown of 2008. ...
Greek debt: IMF and EU's quick fix isn't enough | Mohamed El-Erian image
Source : Guardian [Read Article] Thursday 22nd of June 2017 08:29:31 AM
.... Greek citizens have waited, and suffered, long enough. • Mohamed A El-Erian is chief economic adviser at Allianz and was chairman of Barack Obama’s Global Development Council. ...
Exxon, BP and Shell back carbon tax proposal to curb emissions image
Source : Guardian [Read Article] Tuesday 20th of June 2017 04:32:21 PM
.... In the US, California has an emissions trading scheme, which is linked to a similar initiative in the Canadian province of Quebec. Barack Obama failed to implement a national market-based response to climate change early in his presidency and the chances of the US doing so are now even slimmer under a Trump administration and a Republican-controlled Congress that is reflexively suspicious of any new tax. ...
Electric cars accelerate past 2m mark globally image
Source : Guardian [Read Article] Wednesday 7th of June 2017 01:06:40 PM
....Previous forecasts for the growth of the cleaner vehicles has been overly optimistic. Barack Obama hoped US drivers would have bought 1m by 2015, but the actual number was 280,000. ...
Uber fires 20 staff after harassment investigation image
Source : BBC [Read Article] Tuesday 6th of June 2017 07:14:58 PM
....Staff fired, 20; Staff put in training, 31; Final warnings, 7; Claims still under review, 57. Uber has also appointed Eric Holder, who served as attorney general under former US president Barack Obama, to investigate the company's broader culture. ...
China sees an opportunity to lead as Trump withdraws from Paris. But will it? image
....The US exit from the Paris agreement also gives ammunition to detractors within the Chinese government who want to slow down the pace of shutting down polluting industries, particularly local governments, Wang said. Former US president Barack Obama cajoled China into committing to a peak in carbon emission by 2030 in a joint statement, a policy that was already in line with projections but gave Obama the opportunity to make commitments of his own. ...
Climate clash image
Source : BBC [Read Article] Thursday 1st of June 2017 09:37:48 AM
....Walmart, for example, claims it saves $1bn a year by getting a quarter of its power from renewable sources. Former US President Barack Obama summed up this idea in a response to Mr Trump's move, saying: "Simply put, the private sector already chose a low-carbon future. ...
Why help to buy is no help at all to the economy | Jeffrey Frankel image
Source : Guardian [Read Article] Tuesday 30th of May 2017 09:54:25 AM
.... Their capital standards should be raised, just as regulators have appropriately forced banks to do. The Dodd-Frank financial reform bill, signed into law by President Barack Obama in 2010, contained many provisions to reduce the chances of another big financial crisis. ...
Australia leads fight to save Trans-Pacific Partnership trade pact image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:06:03 AM
....Trade representatives in Hanoi have said they are ready to tweak the deal to leave room for a US return, pinning hopes on a U-turn in American policy. Spearheaded by former US president Barack Obama, the far-reaching TPP – which notably excludes China – would have rewritten the rules of 21st century trade and was seen as a way to counter Beijing’s regional economic dominance. ...
As wind, wave and shale power converge, could this be the end for Opec? image
....However, Helm is bullish on the US. Donald Trump is a “very lucky president in energy terms”, because Barack Obama was “the fossil fuel president” who oversaw a huge increase in oil and gas production and set the country on course to energy independence. ...
Trump won't scrap Nafta trade deal 'at this time' image
Source : BBC [Read Article] Thursday 27th of April 2017 05:40:25 AM
....Early in his presidency, Mr Trump fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP). The 12-nation trade deal was a linchpin of former President Barack Obama's Asia policy. ...
US regulator wants to reverse net neutrality image
Source : BBC [Read Article] Wednesday 26th of April 2017 10:47:02 PM
....The commission plans to seek comment on new rules - including how to address questions such as paid prioritization for some traffic - in the coming months. Mr Pai was first appointed to the FCC by former US president Barack Obama and voted against the rules in 2015. ...
Barack Obama to be paid $400,000 for speech at Cantor Fitzgerald event image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:28:37 AM
. Barack Obama is to be paid $400,000 (£312,000) to speak at a healthcare conference organised by the Wall Street firm Cantor Fitzgerald, despite his criticism of the finance sector when he was US president. ...
Obama criticised for '$400,000 Wall Street speech' image
Source : BBC [Read Article] Tuesday 25th of April 2017 09:15:09 PM
. Former US President Barack Obama is being criticised for reportedly agreeing a $400,000 (£310,000) fee for a speech to a Wall Street bank. ...
Tory windfarm policy endangers cheap energy in UK, commission finds image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:19:44 AM
.... Nuclear would not grow its share because of cost, while progress on carbon capture and storage of emissions from coal and gas power stations had been “too slow”. Of Donald Trump, who recently issued an executive order rolling back Barack Obama’s clean power plan, Turner said: “The Trump presidency is not good for climate change, we can’t pretend otherwise. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
.... . Last year, he said Donald Trump's anti-trade policies would lead to a global depression, but he opposed new financial rules introduced under former President Barack Obama and is likely to support some of the changes contemplated by the new regime. ...
Borussia Dortmund bombs: Part of an elaborate scam? image
Source : BBC [Read Article] Friday 21st of April 2017 11:10:46 AM
....Indeed, back in 2012, all it took was a tweet to send share prices plummeting. A hacker broke into the Associated Press Twitter account and claimed then-President Barack Obama had been injured in an attack on the White House. ...
Fox dumps star presenter Bill O'Reilly image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:28:15 PM
.... . A network that defined itself by blanket opposition to Barack Obama now appears adrift, challenged by more aggressive conservative media outlets and toxic to the left. ...
Fox News 'to drop host Bill O'Reilly' after harassment cases image
Source : BBC [Read Article] Wednesday 19th of April 2017 04:25:30 PM
.... The only giant left standing is Trump super-fan Sean Hannity. A network that defined itself by blanket opposition to Barack Obama now appears adrift, challenged by more aggressive conservative media outlets and toxic to the left. ...
Hell of a ride: even a PR powerhouse couldn't get Uber on track image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
. When Rachel Whetstone left Google two years ago to replace David Plouffe, a former Barack Obama official, as policy and communications vice-president at Uber, it seemed like a promising Silicon Valley role. ...
Trump is reckless – but he knows he can't afford to antagonise China | Barry Eichengreen image
.... In each case, his glib campaign slogans have run up against the hard reality of actually making policy. In all these areas, Trump is learning that he is hemmed in by the same constraints that led Barack Obama’s administration to make the choices it did. ...
Advertising fail image
Source : BBC [Read Article] Thursday 6th of April 2017 01:57:06 PM
....The Vatican said in a statement that the ad was "damaging not only to the dignity of the Pope and the Catholic Church but also to the feelings of believers". The White House also disapproved of the images featuring then-President Barack Obama but Benetton kept those. ...
Donald Trump tells banks he will give laws a 'haircut' image
Source : BBC [Read Article] Tuesday 4th of April 2017 09:50:19 PM
....President Donald Trump has promised sweeping reforms to "horrendous" US banking regulations that were introduced after the financial crisis. "We're going to do a very major haircut on Dodd-Frank," he said, referring to the Wall Street and consumer protection rules Barack Obama enacted in 2010. ...
Trump's Keystone XL pipeline plan faces legal challenge image
Source : BBC [Read Article] Thursday 30th of March 2017 08:36:29 PM
....Supporters of the project say such fears are exaggerated. President Trump, who overturned President Barack Obama's rejection of the project, has said the pipeline will create jobs and improve US energy independence. ...
Trump administration approves Keystone XL pipeline image
Source : BBC [Read Article] Friday 24th of March 2017 12:30:53 PM
.... . The State Department said it had found the project, which was blocked by former US President Barack Obama, to be in the US national interest. ...
Nervous markets take fright at prospect of Trump failing to deliver | Larry Elliott image
....But sentiment has turned this week after it became clear that there is likely to be a protracted delay before the Trump administration can get tax cuts through Congress. Investors believe a failure to secure agreement on Capitol Hill to repeal Barack Obama’s healthcare act – the new administration’s first legislative test – will lead to a further sell-off on Wall Street. ...
Asian shares drop as investors fear Trump won't deliver on promises image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:59 AM
....As investors dumped risky assets and rushed to safe havens such as gold and government bonds, the worries were amplified by a strongly worded editorial in the Wall Street Journal published on Wednesday. The newspaper, which is owned by Rupert Murdoch’s media empire, said the US president’s unsubstantiated claims that he was bugged by his predecessor Barack Obama had undermined his credibility, a situation worsened by his failure to back down. ...
Trump must convert surging US confidence into real growth | Mohamed El-Erian image
....Donald Trump’s election as US president has triggered a surge in positive economic sentiment, because he pledged that his administration would aggressively pursue the policy trifecta of deregulation, tax cuts and reform, and infrastructure construction. Republican majorities in both houses of Congress reinforced the positive sentiment, as they signalled Trump would not face the kind of paralysing gridlock that Barack Obama confronted for most of his presidency. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
....Donald Trump has begun the process of rolling back carbon pollution standards for vehicles following a meeting with automakers in Detroit, Michigan. Trump has directed the Environmental Protection Agency to review fuel efficiency standards that were a key plank of Barack Obama’s effort to reduce greenhouse gas emissions. ...
After Brexit, Israel senses a chance to boost trade with UK image
Source : Guardian [Read Article] Saturday 11th of March 2017 04:00:38 PM
.... Both countries have said they are interested in talks; they share the same legal system and much the same approach to trade. Australia is attempting to resurrect Barack Obama’s Trans Pacific Partnership free trade deal without the US now that Donald Trump has killed it off, but should still be keen to open its market to the UK. ...
US interest rate rise almost certain after bumper jobs growth image
Source : Guardian [Read Article] Friday 10th of March 2017 06:15:58 PM
....75%. President Donald Trump grabbed the chance to hail the strong jobs numbers, covering the first full month of his administration, as a personal victory, despite the momentum clearly springing from the legacy of his predecessor, Barack Obama. ...
Trump faces formidable institutional obstacles – so what can he do? | Barry Eichengreen image
....Second, Trump will respond, as populists do, by attempting to distract attention from his failure to deliver the economic goods. This means directing his ire and that of his supporters toward others – whether internal enemies like the press, the intelligence community, and Barack Obama, or external adversaries like such as Islamic State and China. ...
Trump trademarks approved by China image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:56:30 PM
....These are outlawed by the Constitution. Barack Obama's former ethics lawyer Norman Eisen said there was a risk of a conflict of interest. ...
Fixing America's failing infrastructure won't be easy, despite Trump's pledge image
....According to the CBO since 2008, the federal government had transferred $65bn into the HTF from the US treasury’s general fund to cover the shortfall. Later that year, Barack Obama signed the Fixing America’s Surface Transportation (Fast) Act into law, buying time for the HTF by infusing an additional $70bn into it from the general fund. ...
Sorrell: companies that offend good governance tend to perform better image
....”. Sorrell said that the Trump administration is more pro-business than Barack Obama’s government, but that uncertainty remains in a number of markets. ...
Donald Trump has made rookie mistakes – he must change his approach image
Source : Guardian [Read Article] Thursday 2nd of March 2017 08:59:39 AM
....The US media is “all Trump, all the time” – and they have had plenty of fuel. Amid Trump’s initial moves to “shake up” Washington, DC, including a five-year lobbying ban and approvals of pipelines that Barack Obama had blocked, he has made some serious – and avoidable – mistakes. ...
Uber hires Eric Holder to investigate sexual harassment allegations image
Source : Guardian [Read Article] Tuesday 21st of February 2017 03:06:50 AM
....In a staff email shared with the Guardian on Monday, Uber’s CEO, Travis Kalanick, said Holder would conduct an “independent review” and also revealed that women made up only 15% of the company’s workforce in engineering, product management and scientist roles. The hiring of Holder, who was attorney general under Barack Obama, comes as the description of harassment from Susan Fowler, a former site reliability engineer, has gone viral, prompting women across Silicon Valley to share stories of facing misconduct and discrimination in the male-dominated tech industry. ...
Donald Trump retains direct tie to businesses, documents show image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:30:22 PM
....The details align with what Trump and attorney Sheri Dillon outlined at an 11 January news conference about Trump’s plan for what would become of his global business empire while he is president. Previous ethics advisers to Barack Obama and George W Bush and the leader of the Office of Government Ethics have said Trump has not gone nearly far enough to absolve himself of potential conflicts of interest. ...
Trump’s honeymoon with the stock market will soon be over | Nouriel Roubini image
....The Nobel laureate economist Edmund S Phelps has described Trump’s direct interference in the corporate sector as reminiscent of corporatist Nazi Germany and fascist Italy. Indeed, if Barack Obama had treated the corporate sector in the way that Trump has, he would have been smeared as a communist; but for some reason when Trump does it, corporate America puts its tail between its legs. ...
Retreat from globalisation will destabilise the world economy | Mohamed El-Erian image
.... In the longer term, it would confront the threat of systemic fragmentation and proliferating trade wars. • Mohamed El-Erian is chief economic adviser at Allianz and was chairman of Barack Obama’s Global Development Council. ...
Smoot and Hawley, the ghosts of tariffs past, haunt the White House image
Source : Guardian [Read Article] Sunday 29th of January 2017 12:00:23 PM
.... And America has certainly taken a protectionist turn. Successful presidents including Barack Obama and Bill Clinton have campaigned on the perils of free trade only to drop the rhetoric once installed in the White House. ...
Uber: the app that changed how the world hails a taxi image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
.... By the time they got back to San Francisco, Kalanick was ready to get more involved, at least as an adviser, and Camp was ready to listen to him. A few weeks into 2009, after a trip to Washington DC to see Barack Obama’s first inauguration as president, Camp called Kalanick. ...
Trump didn’t kill TPP, the people did | Owen Jones image
Source : Guardian [Read Article] Tuesday 24th of January 2017 09:39:47 AM
.... There is no need to congratulate Trump’s bigoted regime or pretend he has assembled a cabinet that isn’t teeming with corporate interests. The Republicans didn’t co-operate with Barack Obama, and it would surely be a mistake for Democrats to normalise a deeply unpopular demagogue who actively threatens an admittedly already compromised democracy. ...
Trump withdraws from Trans-Pacific Partnership amid flurry of orders image
Source : Guardian [Read Article] Monday 23rd of January 2017 05:46:50 PM
. Donald Trump has begun his effort to dismantle Barack Obama’s legacy, formally scrapping a flagship trade deal with 11 countries in the Pacific rim. ...
Top Trump adviser says post-Brexit trade deal feasible within a year image
Source : Guardian [Read Article] Tuesday 17th of January 2017 05:16:19 PM
....Teresa May’s hopes of striking a trade deal with the incoming Donald Trump administration have been given a boost after a leading adviser to the president-elect said a new accord could be achieved within six to 12 months. Anthony Scaramucci, a Wall Street financier and member of Trump’s transition team, said at the World Economic Forum in Davos that Barack Obama’s successor would seek a swift and mutually beneficial agreement. ...
Xi Jinping signals China will champion free trade if Trump builds barriers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 03:50:06 PM
....After later meeting US vice-president Joe Biden on the sidelines of the Davos summit, Xi said that the world needed China and the United States to have a stable and cooperative relationship. He added that links between the two countries had “weathered wind and rain, but generally have continued to forge ahead”, saying that under Barack Obama there had been a “correct” development in relations. ...
Trump is a conservative – but that won't stop him sending deficits soaring image
....In the early 2000s, another Republican president, George W Bush, essentially followed Reagan’s playbook, again slashing taxes and sending deficits soaring. In 2012, at the height of the standoff between the Republican-controlled Congress and Democratic president Barack Obama over deficits and the national debt, Republican presidential candidate Mitt Romney proffered an economic plan that featured eye-popping deficits to finance tax cuts and higher military spending. ...
Blind trusts: what do Theresa May and Donald Trump have in common? image
Source : Guardian [Read Article] Friday 13th of January 2017 01:41:32 PM
....What is a blind trust, and why is the prime minister using one?Blind trusts are designed to give the public confidence that a minister cannot benefit personally from decisions over which he or she has influence. Some politicians will sell anything that could be construed as a conflict of interest – Barack Obama sold all his stocks shortly after becoming a senator. ...
Takata shares rise on US airbag settlement reports image
Source : BBC [Read Article] Friday 13th of January 2017 03:26:11 AM
....Takata has not disclosed the total cost of the global recall, but there have been multiple reports it is working on a restructuring deal and potential bankruptcy protection. The outgoing US administration is keen to clear several of its major investigations before President Barack Obama leaves office. ...
Spotify offers Barack Obama a job as 'President of Playlists' image
Source : BBC [Read Article] Tuesday 10th of January 2017 10:29:13 AM
. President Barack Obama recently joked that he was hoping for a job at Spotify when he leaves the White House. ...
Obama's labour market report card: not bad, could have done better image
Source : Guardian [Read Article] Friday 6th of January 2017 03:17:51 PM
....So that’s it. The last jobs report of Barack Obama’s presidency has been published and the figures encapsulate his eight-year presidency. ...
US wage growth shows Trump will inherit solid labour market image
Source : Guardian [Read Article] Friday 6th of January 2017 03:07:43 PM
. The US economy added more than 2m jobs in 2016 and finished the year with a pick-up in wages, suggesting Donald Trump will inherit a solid labour market from outgoing president Barack Obama. ...
US jobs growth slows to 156,000 during December image
Source : BBC [Read Article] Friday 6th of January 2017 02:39:54 PM
....The bureau revised up the number of new jobs created in November from an initial count of 178,000 to 204,000. Over the last year of Barack Obama's presidency, job growth reached 2. ...
Mexico and Mr Trump: What will happen to trade ties? image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:59:36 PM
....Donald Trump wasn't the first US presidential candidate to criticise Nafta. Hillary Clinton and even Barack Obama did so on their campaign trails. ...
Will Donald Trump's election put America first and global conflict next? image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 08:33:31 AM
....In Asia, US economic and military primacy has provided decades of stability; but a rising China is now challenging the status quo. US President Barack Obama’s strategic “pivot” to Asia depended primarily on enacting the 12-country trans-Pacific partnership, which Trump has promised to scrap on his first day in office. ...
US justice department accuses Barclays over mortgage mis-selling image
Source : Guardian [Read Article] Thursday 22nd of December 2016 10:59:23 PM
....Earlier this week Reuters reported that the Swiss bank Credit Suisse had been asked to pay between $5bn and $7bn to settle the long-running investigation. Bailed-out Royal Bank of Scotland has repeatedly warned that it too faces a penalty from the DoJ over the investigation that reflects an attempt by outgoing president Barack Obama to hold banks accountable for selling the bonds – which packaged up home loans – without telling investors about the risks. ...
Obama bans oil drilling 'permanently' in millions of acres of ocean image
Source : BBC [Read Article] Wednesday 21st of December 2016 06:35:18 AM
. Outgoing US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US-owned northern waters. ...
Trump must overcome global barriers to deliver his economic promise | Mohamed El-Erian image
....As a result, markets seem convinced that the US will gradually exit its prolonged period of excessive reliance on unconventional monetary policy, replacing it with a mix of looser fiscal policy and pro-growth structural reforms an approach much like that pursued by Ronald Reagan. Barack Obama sought to purse a similar approach, but was frustrated by a highly polarised Congress. ...
Centrica has donated to US climate change-denying thinktank image
Source : Guardian [Read Article] Friday 16th of December 2016 06:00:45 AM
....Domenech is director of the thinktank’s Fuelling Freedom project, for which he has penned numerous articles attacking action on climate change. “Under the Clean Power Plan more people will suffer – and for no benefit to our climate,” he wrote of Barack Obama’s flagship energy plan to move away from fossil fuels. ...
Four lessons from Donald Trump's US election victory image
Source : Guardian [Read Article] Tuesday 13th of December 2016 11:42:09 AM
.... Republicans, even those who opposed Trump during the campaign, have coalesced behind him. Meanwhile, the Democrats in government – most notably Barack Obama – have largely echoed Clinton’s gracious concession-speech injunction that Trump should be given an opportunity to lead. ...
2016: the year Facebook became the bad guy image
Source : Guardian [Read Article] Monday 12th of December 2016 11:00:10 AM
....We used to joke that we could sell the whole election to the highest bidder. In the runup to the election, misinformation and fake news – such as articles suggesting Hillary Clinton was a murderer or that the pope endorsed Trump – proliferated on social media so feverishly that even Barack Obama said it undermined the political process. ...
Donald Trump has a handy scapegoat when economic clouds appear image
Source : Guardian [Read Article] Sunday 11th of December 2016 07:00:21 AM
....To illustrate the faith consumers have in a Trump presidency, the Conference Board consumer confidence index shook off a dip in October to regain pre-recession levels. And the CNBC All-America Economic Survey found that the percentage of Americans who believe the economy will get better in the next year climbed by an unprecedented 17 points to 42% – the highest it has been since Barack Obama was first elected in 2008. ...
So the Fed won’t raise interest rates? Watch this space image
Source : Guardian [Read Article] Sunday 11th of December 2016 06:59:20 AM
....In September, the then presidential candidate said Yellen should be “ashamed” of what she had been doing to the US by maintaining low interest rates. He then railed about the Fed’s supposed lack of independence and suggested that rates would not change while Barack Obama remained in the Oval Office, in order to protect his legacy. ...
Will Trump herald a US economic boom? image
Source : Guardian [Read Article] Wednesday 7th of December 2016 11:57:31 AM
....Consider regulation. Under Barack Obama, labour regulation expanded significantly, not to mention the dramatic increase in environmental legislation. ...
US economy adds 178,000 new jobs making Fed rate hike likely image
Source : Guardian [Read Article] Friday 2nd of December 2016 06:55:25 PM
....9% in October and was the lowest since August 2007, before the global financial crisis struck. Deputy labor secretary Chris Lu said that President-elect Trump was inheriting a far better economy than the one outgoing president Barack Obama had inherited from George W Bush, but “the unfinished business was wages”. ...
The Trump effect has rallied the US markets – but what next? image
Source : Guardian [Read Article] Monday 28th of November 2016 03:04:14 PM
.... Trump has become far more conciliatory as well, telling the New York Times that he did not want to “hurt the Clintons” by appointing a special prosecutor to investigate his former opponent. Similarly, after years of criticising Barack Obama, Trump has spoken positively – even glowingly – about him. ...
Potential clash image
Source : BBC [Read Article] Thursday 24th of November 2016 01:10:13 AM
.... . President Barack Obama did not create a blind trust, but instead invested in mutual funds and other broad financial instruments he could not control. ...

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