Ace Worldwide News Group 18:02 on July 17, 2016

UAE: Providing funding to Egypt of $200-million over 5-years in massive development partnership with Egyptian Social Fund for Development – UAE News Reported – @AceFinanceNews

#AceFinanceNews – July.17: UAE Khalifa Fund to pump $200mln in Egypt in 5 years

The money will be pumped in country through Khalifa Fund’s strategic partner, Egyptian Social Fund for Development.

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JORDAN: The World Bank Group (WBG) has unveiled an “ambitious” programme to help Jordan i mplement its long-term development agenda in an uncertain and conflict-prone regional environment – @AceFina nceNews

#AceFinanceNews – July.17: World Bank unveils ambitious five-year support program for Jordan

The World Bank Group (WBG) has unveiled an “ambitious” programme to help Jordan implement its long-term development agenda in an uncertain and conflict-prone regional environment.

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Ace Worldwide News Group 10:15 on July 17, 2016

QATAR: Airways Group has announced a QAR 1.6bn ($439m) net profit for its 2016 fiscal year ending March 31, after disclosing its financial results for the first time – @AceFinanceNews

#AceFinanceNews – July.17: Qatar Airways’ strategy pays off: Airline announces $439M net profits for 2016

Qatar Airways Group has announced a QAR 1.6bn ($439m) net profit for its 2016 fiscal year ending March 31, after disclosing its financial results for the first time.

The group said its net profit margin reached 4.5 per cent, up 1.1 per cent on fiscal 2015’s QAR 374m.

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Ace Worldwide News Group 09:55 on July 17, 2016

WASHINGTON: Clinton and Sanders reiterate goal of ‘universal, quality, affordable health care’ for all Americans but at what cost is still to be decided – @AceFinanceNews

#AceFinanceNews – July.17: Hillary Clinton reiterates goal of ‘universal, quality, affordable health care’ for all Americans – @mpshapiro –

http://hrc.io/29p2l0

Sen. Bernie Sanders on Hillary Clinton’s proposal to expand healthcare funding: ‘The goal of health care reform in America is to guarantee health care for all as a right, what every other major country on earth does.

The proposal by Hillary Clinton is an important step toward expanding health insurance and health care access to millions of Americans.

Efforts to give Americans a public-option choice and to expand Medicare by allowing people to opt in at 55 years are important steps.

Together these steps will get us closer to the day when everyone in America has access to quality, affordable health care’ – @BernieSanders

http://bit.ly/29p3O6T

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Ace Worldwide News Group 09:44 on July 17, 2016

WASHINGTON: US Shale revolution has plenty of natural gas using Pipeline Phobia which keeps New England’s trade route open for business – Bloomberg – @AceFinanceNews

#AceFinanceNews – July.17: Pipeline Phobia Keeps New Englands Unlikely Trade Route Open

Thanks to the shale revolution, the U.S. has plenty of natural gas of its own.

All along the eastern seaboard, a chain of import terminals — built when the country expected to get its fuel from abroad — now lie idle.

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JUST IN: Trumps #MAGA Economy ADDS a strong 201,000 jobs in August, and the unemployment rate remained near historical lows at 3.9% Ave earnings GREW 2.9% in the strongest rate since 2009 #AceFinanceDesk reports September 7, 2018
#AceFinanceReport – Sept.07: The unemployment rate stayed at 3.9%, near historical lows, the Labor Department reported #AceNewsDesk reports Average hourly earnings grew 2.9% compared with a year ago, the strongest rate since 2009. That number is not adjusted for inflation, which has been rising in recent months and eating into workers’ paychecks. And it’s lo […]
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(BEIJING, China.) Ready to retaliate with $60-billion targeted list if Donald Trump goes ahead with his proposed 25% tariff hike on $200-billion Chinese goods this week a spokesman said on Thursday #AceFinanceDesk reports September 6, 2018
#AceFinanceReport – Sept.06: China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods and is confident it can maintain “steady and healthy” economic growth, a government spokesman said Thursday.The Trump administration is poised to impose 25% penalties this week on $200 billion of Chinese goods in […]
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(WASHINGTON) In latest the US unveiled a list of roughly $16 billion worth of imports from China that will be hit with 25% tariffs, in the the latest escalation in the trade war between the two countries which will take effect from Aug.23: As the markets Dow closes up 127 points, S&P 500 and Nasdaq up 0.3% apiece #AceFinanceDesk reports August 8, 2018
#AceFinanceReport – Aug.08: Editor says but the markets reacted positively Dow closes up 127 points, S&P 500 and Nasdaq up 0.3% apiece. Tesla soars 11% after Elon Musk says he wants to take the company private. https://cnnmon.ie/2ARtM5G to the news: The Trump administration on Tuesday unveiled a list of roughly $16 billion worth of imports […]
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MARKETS: Trade War: U.S. Stocks opened flat Friday morning after US unemployment fell to 3.9% in July, the American economy added 157,000 jobs and China announced plans to impose tariffs on $60 billion worth of US imports listing 5,207 products with duties as high as 25% if Trump applies his to $200-billion of Chinese goods #AceFinanceDesk reports August 3, 2018
#AceFinanceReport – Aug.03: China has announced plans to put up tariffs on products worth $60-billion Chinese government said Friday that it would impose duties of 25%, 20%, 10% and 5% on the products if the Trump administration follows through on threats to tax $200 billion of Chinese goods #AceFinanceDesk reports “In violation of the bilateral […]
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MARKETS: Apples market valuation surged past the $1 trillion point on Thursday, the first time in history a company has reached that level: But Apple’s Stocks app mistakenly labelled its creator as the world’ s first trillion-dollar company and was not added to the Stocks app: That meant that a small surge in Apple’ s shares showed the company as being worth $1 trillion when it was not #AceFinanceDesk reports August 3, 2018
#AceFinanceReport – Aug.03: Editor says a great way to get people to buy tech shares but things are not what they seem in this world: On the face of it the announcement Apple shares surged 2.5 per cent in the afternoon but then fell back, taking the valuation back to $988bn: The share price closed […]
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(LONDON) PPI Claims: Costs Barclays their ‘ Profits ‘ Lender paid £1.4bn to settle with US department of justice over its involvement in mis-selling mortgage-backed securities in the run up to th e financial crisis in 2008 leading to a drop in the first half of 2017 of 29% (£2.34-billion) but will off course write-it-off as a bad debt against taxes #AceFinanceDesk reports August 2, 2018
#AceFinanceReport – Aug.02: Editor says this looks bad for bank on one hand but they will write it off as a bad debt and recoup losses against taxes: Barclays has reported a 29 per cent drop in profits for the first six months of the year, blaming costs relating to legal issues in the US […]
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JUST IN: Around 5 million British households are set for lower energy bills this winter after parliament approved a law on gas and electricity tariff price caps, energy regulator Ofgem said on Thursday #AceFinanceDesk reports July 19, 2018
#AFNews – 19/07/18: Ofgem is now required to cap prices on Standard Variable Tariffs offered by the six dominant energy providers for households using gas and electricity which studies have shown were far higher than other tariffs on offer: “The cap will tackle the amount consumers have been overpaying … which the Competition and Markets […]
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(SEOUL, S.K.) JUST IN: Samsung said on Monday its opening the ‘ Worlds Largest Mobile Phone Factory ‘ in India according to a report #AceFinanceDesk reports July 9, 2018
#AceFinanceReport – July.09: Samsung said on Monday that it is opening what it said is the world’s biggest mobile phone manufacturing facility as the South Korean giant seeks to expand production in the world’s fastest growing mobile phone market from a report #AceFinanceDesk reports The new Samsung factory will have the capacity of 120 million […]
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(BEIJING, China.) JUST IN: ITS THE BIGGEST TRADE WAR IN HISTORY: After Trump administration 25% affect 800-Chinese products that include industrial machinery, medical devices and auto parts that began just after midnight on Thursday Chinese Foreign Ministry has said #AceFinanceDesk reports July 6, 2018
#AceNewsReport – July.06: The Trump administration’s 25% tariffs affect more than 800 Chinese products worth $34 billion such as industrial machinery, medical devices and auto parts: They kicked in just after midnight ET, which is noon in Beijing: China’s tariffs on US goods came into effect immediately afterward, a spokesman for the Chinese Foreign Ministry […]
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(WASHINGTON) The proposed “United States Fair and Reciprocal Trade Act” would give the Donal d Trump unilateral power to renegotiate with individual countries or apply tariffs, bypassing international WTO rules for collective negotiation according Axios who published the leaked draft but this is just the beg inning of renegotiating trade agreements #AceFinanceDesk reports July 3, 2018
#AceFinanceReport – July.03: The Trump administration has drafted legislation that would allow the U.S. to ditch World Trade Organization rules and give President Donald Trump tighter control over U.S. trade policy, according to Axios, which published the leaked draft: The proposed “United States Fair and Reciprocal Trade Act” would give the president unilat […]
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Daily Archives: July 17, 2016

UAE: Providing funding to Egypt of $200-million over 5-years in massive development partnership with Egyptian Social Fund for Development – UAE News Reported – @AceFinanceNews

JORDAN: The World Bank Group (WBG) has unveiled an “ambitious” programme to help Jordan i mplement its long-term development agenda in an uncertain and conflict-prone regional environment – @AceFina nceNews

QATAR: Airways Group has announced a QAR 1.6bn ($439m) net profit for its 2016 fiscal year ending March 31, after disclosing its financial results for the first time – @AceFinanceNews

WASHINGTON: Clinton and Sanders reiterate goal of ‘universal, quality, affordable health care’ for all Americans but at what cost is still to be decided – @AceFinanceNews

WASHINGTON: US Shale revolution has plenty of natural gas using Pipeline Phobia which keeps New England’s trade route open for business – Bloomberg – @AceFinanceNews

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