Tag Archives: Despite
OPEC, Russia agree to slash oil output despite Trump pressure
The producer club will curb output from January by 0.8 million barrels per day versus October levels while non-OPEC allies contribute an additional 0.4 million bpd of cuts, in a move to be reviewed at a meeting in April. Oil prices jumped about 5 percent to more than $ 63 a barrel as the combined cut of 1.2 million bpd was larger than the minimum 1 million bpd that the market had expected. Saudi Arabia, de facto leader of the Organization of the Petroleum Exporting Countries, has faced demands from Trump to help the global economy by refraining from paring supplies.
EPA Eases Rules on Coal Industry Despite Climate Change Warnings
Iran wants to expand missile range despite U.S. opposition
Iran wants to increase its missiles’ range, a senior military official was quoted as saying on Tuesday, a move that would irk the United States which views Tehran’s weapons program as a regional security threat. U.S. President Donald Trump pulled out of an international nuclear agreement in May and reimposed sanctions on the Islamic Republic, criticizing the deal for not including curbs on Iran’s development of ballistic missiles. “One of our most important programs is increasing the range of missiles and ammunition,” said the head of the Iranian air force, Brigadier General Aziz Nasirzadeh, according to the semi-official Fars news agency.
Putin defiant on Ukraine crisis despite Trump summit talks threat
Russia seized the Ukrainian vessels and their crews on Sunday near Crimea, the Ukrainian region which Moscow annexed in 2014, over what it said was their illegal entry into Russian waters, which Ukraine denies. Some of Ukraine’s Western allies have also raised the possibility of imposing new sanctions on Russia over the episode, which could deliver a blow to the Russian economy. Putin said he also still hoped to meet Trump at the G20, while the Kremlin said the meeting was still being prepared and Washington had not informed Moscow it was off.
Elon Musk believes he has a 70% likelihood of flying to Mars despite 'good chance of death'
Trump Calls Saudi Arabia A 'Spectacular Ally' Despite CIA's Khashoggi Findings
Rouhani sees Iran, Iraq expanding trade despite U.S. sanctions
Iran and Iraq could raise their annual bilateral trade to $ 20 billion from the current $ 12 billion, President Hassan Rouhani said on Saturday, despite concerns over the impact of renewed U.S. sanctions. Rouhani’s remarks, after a meeting with visiting Iraqi President Barham Salih, came two weeks after the United States restored sanctions targeting Iran’s oil industry as well as its banking and transportation sectors. “… through bilateral efforts, we can raise this figure (for bilateral trade) to $ 20 billion in the near future,” Rouhani said in comments broadcast live on state television.
Pelosi vows to become U.S. House speaker despite opposition
“I intend to win the speakership with Democratic votes. … I have overwhelming support in my caucus to be speaker of the House,” Pelosi, a liberal from San Francisco, said at a news conference. “I happen to think that at this point, I’m the best person for that.” Democrats won control of the House of Representatives in congressional elections on Nov. 6, while Republicans held their majority in the Senate.
Despite restrictions, digital spending hits record in US midterms
Even as online platforms tightened rules for political ads, digital spending set new records in the 2018 US midterm elections and appears poised for further growth in 2020. Digital media campaign spending rose 2,400 percent from the 2014 midterms to $ 1.8 billion, roughly 20 percent of the total $ 8.9 billion in ad spending, according to preliminary estimates from the research firm Borrell Associates. Online spending, much of it on social networks like Facebook, has been a significant factor in campaigns for a decade, but tighter rules imposed by digital giants in the wake of the 2016 election could have curbed some of that growth.
Stacey Abrams Holds Strong In Georgia, Despite Intense Pressure To Concede
