JACKSON HOLE, Wyoming: Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday (Aug 23) it was the US president that drove markets into the rough.Investors had anxiously awaited Powell's speech on Friday, but his continued pledge to "act as appropriate" to sustain the US economic expansion generated only tepid financial market reaction.Instead, it was Trump who threw markets for a loop, sending the Dow down more than 600 points after he said he was ordering Americans to look for alternatives to doing business in China. After US stock markets closed, Trump responded to new Chinese tariffs on US imports with another increase in US tariffs on Chinese goods.Powell has been under the intense glare of markets for months, accused of a few communications missteps as the Fed shifted from raising rates last year, to pausing and, last month, to cutting … [Read more...] about Fed’s Powell vs. Trump: Who’s got a ‘feel’ for markets now?
Bhutan 2020 a vision for peace prosperity and happiness
DOHA: The US and the Taliban will seek to thrash out elements of a deal to bring a close to Afghanistan's 18-year conflict in the second day of renewed talks in Doha on Sunday.The US, which invaded Afghanistan and toppled the Taliban in 2001, wants to withdraw thousands of troops and turn the page on its longest ever war.But it would first seek assurances from the insurgents that they would renounce Al-Qaeda and stop other militants like the Islamic State group using the country as a haven.The talks, now in their eighth round, began on Saturday and were due to resume Sunday morning after pausing overnight, US and Taliban sources told AFP.A Taliban source also said efforts were underway to organise a direct meeting between US envoy for Afghanistan Zalmay Khalilzad and Taliban co-founder Mullah Baradar, who heads the movement's political wing.A coalition led by Washington ousted the Taliban in late 2001 accusing it of harbouring Al-Qaeda jihadists who claimed the September 11 … [Read more...] about US, Taliban push for peace in day 2 of talks
The US, which invaded Afghanistan and toppled the Taliban in 2001, wants to withdraw thousands of troops but only in return for the insurgent group renouncing Al-Qaeda and curbing attacks DOHA - Washington is hoping for a breakthrough as talks between the US and the Taliban resumed in Doha on Saturday in a bid to end 18 years of war in Afghanistan.The US, which invaded Afghanistan and toppled the Taliban in 2001, wants to withdraw thousands of troops but only in return for the insurgent group renouncing Al-Qaeda and curbing attacks. Washington is hoping to strike a peace deal with the Taliban by September 1 -- ahead of Afghan polls due the same month, and US presidential polls due in 2020.US President Donald Trump told reporters at the White House on Friday that "we've made a lot of progress. We're talking". A coalition led by Washington ousted the Taliban accusing it of harbouring Al-Qaeda jihadists who claimed the Septmber 11, 2001 attacks against the US that killed … [Read more...] about US eyes breakthrough in push for peace with Taliban
DOHA: Dozens of powerful Afghans concluded two-days of talks with the Taliban on Monday (Jul 8) in Doha, laying the foundations for renewed negotiations between the United States and the militants.The encounter ended with a joint statement pledging a "roadmap for peace" based on the opening of a monitored peace process, return of internally displaced people, and non-interference by regional powers in Afghanistan."Assuring women rights in political, social, economic, educational, cultural affairs as per (and) within the Islamic framework of Islamic values," also featured in the joint text."It's not an agreement, it's a foundation to start the discussion," delegate Mary Akrami, executive director of the Afghan Women's Network, told AFP."The good part was that both sides agreed."The Taliban's Amir Khan Mutaqi, a former minister during the militant group's 1996-2001 rule of Afghanistan, read a Pashto version of the roughly 700-word statement.Habiba Sarabi, deputy chair of the … [Read more...] about Afghan rivals conclude talks on ‘roadmap for peace’
After five years of marriage, Mark Chao and Gao Yuanyuan have welcomed a baby girl on Tuesday (May 21). Weibo was abuzz with excitement after a hospital staff in Beijing took to the microblogging platform to reveal that the Chinese actress had given birth. The new dad confirmed the good news, writing in a Weibo post, "A beautiful day to welcome a beautiful life. Both mother and daughter are well. Thank you all." He was later spotted visiting his wife and newborn at the hospital and thanked the media that had gathered at the scene. With the couple confirming the pregnancy in April, the arrival of the baby came as a surprise to many fans who were expecting the child to be born later in the year. Mark, 34, and Yuanyuan, 39, tied the knot in 2014 after they met on the set of Chinese film Caught in the Web. [email protected] … [Read more...] about It’s a girl for Mark Chao and Gao Yuanyuan