#AceFinanceNews – WASHINGTON – April 26 – (Reuters) – For the fifth Saturday this year, the White House used the president’s weekly address to exhort Republicans to support an increase in the minimum wage, a key part of President Barack Obama’s voter-friendly economic agenda aimed at keeping Democrats in control of the U.S. Senate.
#AceFinanceNews – UNITED STATES – March 26 – (Reuters) – The United States and the European Union agreed on Wednesday to work together to prepare possible tougher economic sanctions in response to Russia’s behaviour in Ukraine, including on the energy sector, and to make Europe less dependent on Russian Gas Society.
U.S. President Barack Obama said after a summit with top EU officials that Russian President Vladimir Putin had miscalculated if he thought he could divide the West or count on its indifference over his annexation of Crimea.
Leaders of the Group of Seven major industrial powers decided this week to hold off on sanctions targeting Moscow’s economy unless Putin took further action to destabilize Ukraine or other former Soviet republics.
#AceFinanceNews US President Barack Obama and European Union leaders will promise to remove all tariffs on bilateral trade at their summit on March 26, Reuters reported, citing a draft statement.
The joint declaration is likely to overcome tensions following Washington’s offer to cut its duties by less than the Europeans had hoped for.
Also, Brussels pledged to remove almost all of its own tariffs.
“The EU and the US are firmly committed to concluding a comprehensive and ambitious Transatlantic Trade and Investment (TTI) .