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Poland pulls out of Israel summit in row over WW2 role

Poland pulls out of Israel summit in row over WW2 role Polish Prime Minister Mateusz Morawiecki branded the remarks "racist and unacceptable". The leaders of the other three 'Visegrad Group' nations - Hungary, the Czech Republic and Slovakia - all still planned to attend the talks, Israel said, but Czech Prime Minister Andrej Babis said they would instead consist of bilateral discussions and that the summit would be rescheduled for later in 2019. Poland's right-wing Law and Justice (PiS) government has made what it sees as the defense of national honor over its wartime record a cornerstone of foreign policy since taking power in 2015.


Norwegian Air Shares Plunge During Bid to Raise Cash

Norwegian Air Shares Plunge During Bid to Raise Cash Norwegian Air Shuttle ASA slumped to an almost seven-year low after offering heavily discounted shares to raise about 3 billion kroner ($350 million) to shore up its balance sheet. The rights issue, underwritten by investors including John Fredriksen, Norway’s richest man, is intended to buy the Oslo-based airline time following the collapse of protracted talks with suitors including IAG SA. After the owner of British Airways and Iberia walked away late last month, focus turned to Norwegian’s finances, which have been hurt by a European fare war and higher fuel prices. Norwegian is selling shares in a 2-for-1 rights offer at 33 kroner each, the carrier said in a statement on Monday, after announcing the rights issue on Jan. 29.


Shrimpers hope industry lost to warm seas won't be forgotten

Shrimpers hope industry lost to warm seas won't be forgotten PORTLAND, Maine (AP) — Glen Libby looks back fondly on his days as a Maine shrimp trawler, but he's concerned about what seafood lovers will think if the shuttered fishery ever reopens.


Better Buy: Scotts Miracle-Gro vs. The Home Depot

Better Buy: Scotts Miracle-Gro vs. The Home Depot Two iconic names in the home improvement space, but which is the better option for investors seeking to fortify their portfolios?


Japan's Abe won't deny nominating President Donald Trump for Nobel Prize

Japan's Abe won't deny nominating President Donald Trump for Nobel Prize Japanese Prime Minister Shinzo Abe would not say whether he nominated President Donald Trump but lauded his efforts to defuse the Korean crisis.


Israel-Central Europe summit canceled after Polish pullout

Israel-Central Europe summit canceled after Polish pullout WARSAW, Poland (AP) — Poland on Monday pulled out of a summit in Jerusalem, triggering the collapse of the entire meeting, after the acting Israeli foreign minister said that Poles "collaborated with the Nazis" and "sucked anti-Semitism with their mothers' milk.


In Syria's Aleppo, gas shortages add to daily woes

In Syria's Aleppo, gas shortages add to daily woes As soon as they spotted a truck distributing gas canisters, residents in the Syrian city of Aleppo formed a long queue stretching down the street -- a now-familiar sight due to crippling shortages. The mayor of the Salah al-Din district wrote down the personal details of each person who received a gas canister that day. Since December, queueing for hours to buy gas has become part of everyday life in the Salah al-Din district.


Woman who wrote racist 'ape' post about Michelle Obama defrauded FEMA $18K, report finds

Woman who wrote racist 'ape' post about Michelle Obama defrauded FEMA $18K, report finds Pamela Taylor admitted to illegally taking FEMA benefits in 2016. The same year, a Pamela Taylor also made headlines for a racist Facebook post.


Oil Trades Near Three-Month High on Supply Curbs and Trade Talks

Oil Trades Near Three-Month High on Supply Curbs and Trade Talks President Donald Trump said talks with China were “very productive” as his team returned from Beijing and readied for another round of discussions in Washington this week, raising hopes that a trade war between the world’s largest economies will ease. Saudi Arabia and other members of the Organization of Petroleum Exporting Countries have made a strong start to their production cuts while Russia is accelerating its curbs, pushing crude 24 percent higher this year.


The Latest: US Jewish group asks Poland, Israel to stay calm

The Latest: US Jewish group asks Poland, Israel to stay calm WARSAW, Poland (AP) — The Latest on the dispute between Poland and Israel (all times local):


China accuses US of trying to block its tech development

China accuses US of trying to block its tech development BEIJING (AP) — China's government on Monday accused the United States of trying to block its industrial development by alleging that Chinese telecom gear is a cybersecurity threat.


Amazon Strikes a Blow in the Logistics Industry

Amazon Strikes a Blow in the Logistics Industry FedEx and UPS, are you listening?


Global Economy Stuck With Downside Risks in the Near Term

Global Economy Stuck With Downside Risks in the Near Term European Central Bank Governing Council member Francois Villeroy de Galhau said in an interview published at the weekend that the euro-area slowdown is “significant.” The ECB will on Thursday publish the accounts of its January meeting, when it changed language to say risks to the outlook were to the downside.


Boeing's 777X Will Benefit From the Airbus A380's Demise

Boeing's 777X Will Benefit From the Airbus A380's Demise Airbus will stop building the A380 jumbo jet in 2021 -- which should boost demand for Boeing's new 777X aircraft family.


Huawei Crackdown Exposes Europe as Laggard in Global 5G Race

Huawei Crackdown Exposes Europe as Laggard in Global 5G Race A year later, the U.K. is among European nations weighing restrictions on the Chinese tech giant that phone carriers say could delay the fifth-generation mobile networks needed to connect driverless cars and automated factories. “The risk is that it puts Europe further behind the curve,” said Neil Campling, an analyst at Mirabaud Securities in London. While Europe led the way with earlier mobile technologies, China, South Korea, Japan and -- to a lesser extent -- the U.S., are ahead on the next rollouts.


Stocks, Commodities Climb as Trade Optimism Builds: Markets Wrap

Stocks, Commodities Climb as Trade Optimism Builds: Markets Wrap Stocks in Europe edged higher after a rally in Asia drove the region’s shares to their highest level since October amid optimism over China’s economy and trade talks. Commodities from oil to copper jumped. The Stoxx Europe 600 edged up following a choppy morning as gains by telecommunications companies offset declines in carmakers, after President Donald Trump received a report that may be a preliminary step to raising tariffs on auto imports.


From the 25th Amendment to Vladimir Putin: Five takeaways from Andrew McCabe's 60 Minutes interview

From the 25th Amendment to Vladimir Putin: Five takeaways from Andrew McCabe's 60 Minutes interview McCabe recounted his final months at the FBI, from the hours after James Comey was fired to his assertion that President Donald Trump may have an "inappropriate relationship" with Russia.


White House adviser Stephen Miller defends national emergency in heated exchange on Fox News

White House adviser Stephen Miller defends national emergency in heated exchange on Fox News White House adviser Stephen Miller defended the president's decision to declare a national emergency in a "Fox News Sunday" interview.


A Huge EU Bank Just Ruthlessly Froze People’s Accounts, Sparking Claims of Racism. It Would Never Happen With Bitcoin

A Huge EU Bank Just Ruthlessly Froze People’s Accounts, Sparking Claims of Racism. It Would Never Happen With Bitcoin Spain’s second-largest bank, BBVA, has aggressively frozen up to 5,000 accounts without warning. Many of the accounts belonged to Chinese clients, leading to cries of racism. The bank, however, claims it was acting on Spanish anti-money laundering rules. Spain's second-largest bank has apologized after hundreds of Chinese customers accused the group of racism for freezing their bank accounts without warning https://t.co/3in4Wy6F6C — CNN International (@cnni) February 18, 2019 It’s yet another reminder that traditional banking institutions have the power to shut down and block access to your money without notice.  This is why bitcoin matters. If stored independently, bitcoin cannot


Germany consults industry about blockchain potential

Germany consults industry about blockchain potential Germany has opened a consultation process on how to tap into the potential of blockchain technology ahead of presenting a strategy by the summer, government sources said on Monday. Berlin is a hub for startup companies of which around 170 in one way or another look at blockchain, the distributed ledger technology that underpins the bitcoin currency. There is great interest from would-be participants and investors across a raft of industries including cars, pharmaceuticals, energy and public sector administration that hope to transform mass market processes via blockchain.


Angela Merkel Ruffled at Prospect of More Trump Hardball Tactics, Sources Say

Angela Merkel Ruffled at Prospect of More Trump Hardball Tactics, Sources Say Merkel’s push back was shaped by her alarm at the U.S.’s increasingly aggressive maneuvers, according to three people familiar with her thinking. Merkel’s chancellery team is concerned at the prospect of further hardball tactics from the Trump administration after fending off U.S. efforts to turn her European Union partners against a new gas pipeline between Germany and Russia, the people said, asking not to be named discussing private conversations.


Parties to resume campaigns after Nigeria poll postponement, president warns against skullduggery

Parties to resume campaigns after Nigeria poll postponement, president warns against skullduggery The Independent National Electoral Commission (INEC) announced the delay in the early hours of Saturday, just as some of Nigeria's 84 million registered voters were already making their way to polling stations. It cited logistical difficulties and problems with transporting election material to far-flung or conflicted areas, and denied any political pressure had been brought to bear. The electoral commission also said that campaigning would be suspended until the new voting day on Saturday.


Canada Farmers Swap Soybeans as U.S-China Spat Drags on Prices

Canada Farmers Swap Soybeans as U.S-China Spat Drags on Prices Soybean acres in Canada are poised to drop for the second straight year as farmers shift acres to more profitable crops. In addition to the price concerns, some growers are also worried that demand for the nation’s supplies will wither if China and the U.S. eventually strike a trade deal. “I’m probably going to switch into some oats and barley and maybe a little bit of canola and wheat,” said Bill Campbell, the president of Winnipeg, Manitoba-based industry group Keystone Agricultural Producers.


Poland shuns Israel summit amid Holocaust row

Poland shuns Israel summit amid Holocaust row Poland's prime minister on Monday cancelled Warsaw's participation in a summit in Jerusalem, accusing Israel's foreign minister of "racist" comments about the actions of Poles during the Holocaust, in a row that has stoked outrage and soured relations. Mateusz Morawiecki's decision to scotch Poland's involvement in the summit of central European nations follows days of angry exchanges that were originally sparked by quotes from Israeli leader Benjamin Netanyahu over the role of Poles during World War II. Slovak government spokeswoman Patricia Macikova told AFP this week's summit with Israel and the Visegrad Four (V4) -- the Czech Republic, Hungary, Poland and Slovakia -- would be postponed until later in the year following Poland's pull out.


Alabama man awarded $151M in Ford Explorer rollover lawsuit

Alabama man awarded $151M in Ford Explorer rollover lawsuit Jury finds company failed to meet safety guidelines and destroyed testing data.


This Group's Student Debt Is Increasing at an Alarming Pace

This Group's Student Debt Is Increasing at an Alarming Pace It's probably not who you think it is.


Does Cirrus Logic Have a Future Beyond Apple?

Does Cirrus Logic Have a Future Beyond Apple? The chipmaker is aiming for a turnaround, but the iPhone looms large over its prospects.


EU vows 'swift' riposte to threatened US auto tariffs

EU vows 'swift' riposte to threatened US auto tariffs The EU promised a quick and effective response if the United States imposes import duties on European autos, a spokesman for the European Commission said on Monday. Brussels issued the threat after the US Commerce Department filed a report on Monday that empowered President Donald Trump to apply car duties within the next 90 days. German Chancellor Angela Merkel has labelled as "frightening" the prospect that this report could label European car imports as a national security threat to the United States, enabling the tariffs.


HomeSign Acquisition Will Help Dropbox Expand Business Segment

HomeSign Acquisition Will Help Dropbox Expand Business Segment The e-signature specialist gives cloud storage stalwart Dropbox a boost in the enterprise market.


Aurora shooting victim Josh Pinkard texted love to his wife as he lay dying

Aurora shooting victim Josh Pinkard texted love to his wife as he lay dying One of the victims of a gunman's rampage in Illinois texted love to his wife as he lay dying: "I received a text at 1:24 from my precious husband."


Brazil Aims to Avoid Conflict With Lawmakers in Pension Push

Brazil Aims to Avoid Conflict With Lawmakers in Pension Push Orders from Economy Minister Paulo Guedes are to put on hold plans to cut subsidies and open the economy to foreign competitions, so as to avoid conflicts with the farm and industry caucuses that could jeopardize lawmaker support and create distractions, according to two people with direct knowledge of his thinking. At stake is a constitutional amendment that could make or break both Brazil’s economy and decide Jair Bolsonaro’s political future. The administration has no coalition in Congress and hence must work from scratch to build support for the pension overhaul.


Crispin Odey Is Shorting the Pound Again

Crispin Odey Is Shorting the Pound Again Hedge fund manager Crispin Odey, an advocate of Brexit, renewed his hotly debated wager against the British pound as U.K. lawmakers’ failure to agree on the divorce terms heightened concerns the country may crash out of the European Union without a deal. The fund previously had the equivalent of as much as 130 percent of its assets in a short against the currency.


Here's Why The Best Is Yet to Come for ExxonMobil

Here's Why The Best Is Yet to Come for ExxonMobil The international oil giant is starting to turn the ship, but the really exciting thing is the target destination.


Livni warns over peace and democracy as she quits Israeli politics

Livni warns over peace and democracy as she quits Israeli politics One of Israel’s most prominent dovish politicians, former foreign minister Tzipi Livni, said on Monday she was leaving politics and warned "democracy is in danger". A former peace negotiator with the Palestinians, Livni won recognition abroad for her part in U.S.-brokered talks that aimed to end the decades-old conflict and which collapsed in 2014.But her career has foundered in recent years, along with the Middle East peace process. The United States plans to present a new peace plan after Israel's April 9 election, although expectations of a breakthrough are low.


5 Early Warning Signs From Tax Reform's First Year

5 Early Warning Signs From Tax Reform's First Year Tax season's getting off to a slow start.


China Unveils Plan to Tie Hong Kong, Macau Closer to Mainland

China Unveils Plan to Tie Hong Kong, Macau Closer to Mainland The plan, issued by Xinhua News Agency late Monday, said the government will seek to turn the area into a leading global innovation hub, boost infrastructure connectivity between cities, strengthen Hong Kong’s role as an international center of finance, shipping and trade as well as the center for the offshore yuan business. The Greater Bay Area is challenged by diverging social, legal and customs systems, which have impeded the free flow of resources, according to the outline plan text.


Turkey Cuts the Amount of Cash Banks Need to Hold

Turkey Cuts the Amount of Cash Banks Need to Hold QNB Finansbank estimates the move will release 3.3 billion liras ($623 million) and $2.3 billion into the financial system. Although the central bank hasn’t disclosed how much in funds will be unlocked, Governor Murat Cetinkaya has recently said that steps to manage liquidity in support of financial stability wouldn’t necessarily mark a shift in its monetary policy.


Raytheon wins $1.5 billion UAE air force contract

Raytheon wins $1.5 billion UAE air force contract The agreement was signed at the week-long IDEX military exhibition in Abu Dhabi and followed the award on Sunday of a 1.3 billion dirhams contract to Raytheon to supply the UAE with patriot missiles. The UAE armed forces signed a total of 7.2 billion dirhams in contracts on Monday, including 5.8 billion dirhams with international companies, Brigadier General Mohammed al-Hassani said, speaking through a translator. The UAE has signed a total of 12 billion dirhams in contracts since the IDEX exhibition started on Sunday, he said.


2 Great Stocks for Your IRA

2 Great Stocks for Your IRA These stocks could provide predictable income and strong growth for decades to come.


Ukraine pitches for more EU aid for south-east as elections near

Ukraine pitches for more EU aid for south-east as elections near EU foreign ministers were discussing increasing support for Ukraine, which holds a presidential election next month in tough conditions. Russia annexed its Crimea peninsula in 2014 and backs armed separatists in its eastern industrial Donbas region. The EU is also moving to put more Russians under sanctions over Moscow's standoff with Kiev in the Azov Sea, to the southeast of Ukraine.