econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 26 June 2017

Early Headlines: Asia Stocks, Dollar, And Oil All Up, Gold Down, Household Debt Service Burdens, Health Care Week, Italy Center-Right Wins, Iraqis Rescuing Cultural ID, Takata BK, And More

Written by

Early Bird Headlines 26 June 2017

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.

early-bird-301-180


Please share this article - Go to very top of page, right hand side for social media buttons.


Global

asia.pac.2017.jun.26

Click for large image.

household.debt.servoce.burdens.2017.jun.26

U.S.

  • Conservative Koch network criticizes U.S. Senate healthcare bill (Reuters) Officials with the conservative U.S. political network overseen by the Koch brothers say they are unhappy with the healthcare bill that may be voted on by the Senate this week and will lobby for changes to it. At a weekend event with conservative donors, top aides to Charles Koch, the billionaire energy magnate, said the Senate bill does not go far enough to dismantle former President Barack Obama's signature healthcare law, also known as Obamacare.

  • Trump: Not ‘that far off’ from passing health overhaul (CNBC) Making a final push, President Donald Trump said he doesn't think congressional Republicans are "that far off" on a health overhaul to replace "the dead carcass of Obamacare". Expressing frustration, he complained about "the level of hostility" in government and wondered why both parties can't work together on the Senate bill as GOP critics expressed doubt over a successful vote this week.

  • Trumpmania Cools in This Pennsylvania Town (Bloomberg) A visitor finds Trump support has faded in Monessen, PA and surrounding Westmoreland County. He thinks Trump would still carry the county (he won 2-1) but enthusiasm is less obvious and Trump supporters now sound defensive.

  • Kushner firm’s $285 million Deutsche Bank loan came just before Election Day (The Washington Post) One month before Election Day, Jared Kushner’s real estate company finalized a $285 million loan as part of a refinancing package for its property near Times Square in Manhattan. The loan came at a critical moment. Kushner was playing a key role in the presidential campaign of his father-in-law, Donald Trump. The lender, Deutsche Bank, was negotiating to settle a federal mortgage fraud case and charges from New York state regulators that it aided a possible Russian money-laundering scheme. The cases were settled in December and January.

Now, Kushner’s association with Deutsche Bank is among a number of financial matters that could come under focus as his business activities are reviewed by special counsel Robert S. Mueller III, who is examining Kushner as part of a broader investigation into possible Russian influence in the election.

  • Top Democrat slams Obama administration's response to Russian hacks (Reuters) The top Democrat on the U.S. House Intelligence Committee on Sunday criticized the administration of former President Barack Obama for not taking earlier and tougher action against Russia for its alleged hacks aimed at swaying the Nov. 8 election for Donald Trump.

UK

Italy

  • Italy's center-right wins big in mayoral elections (Reuters) Italy's center-right parties were the big winners in mayoral elections on Sunday, partial results showed, in a vote likely to put pressure on the center-left government ahead of national elections due in less than a year. In the most closely watched contest, the northern port city of Genoa - a traditional left-wing stronghold - seemed certain to pass to the center-right for the first time in more than 50 years.

  • Italy has its own subspecies of bear - but there are only 50 left (The Conversation) Brown bears (Ursus arctos), the most common and widespread of the eight bear species. Brown bears can be found from the coldest coasts of Alaska to the relatively warmer mountains of Turkey, and right across Eurasia from Japan to Scandinavia. In 1921, an Italian surgeon and amateur zoologist, Giuseppe Altobello, identified some peculiar traits in a population of brown bears from the Apennines: the Marsican bear (Ursus arctos Marsicanus) also known as the Apennine brown bear. In prehistoric times, hundreds of bears would have lived in these mountains. Today, the latest population estimate is around 51.

Iraq

  • After years of destruction, Iraqis are rescuing their cultural identity (The Conversation) The destruction of the al-Nuri Mosque and its minaret is a sad blow to Iraqi culture - and a rallying cry too. Just after Iraqi forces declared they were closing in on the old city of Mosul, they announced that the so-called Islamic State (IS) had destroyed the 12th-century al-Nuri Mosque and its famed leaning minaret, known as al-Hadbaa (the hunchback). IS-affiliated Twitter accounts condemned the act and, in a statement released by its news agency Aamaq, the group blamed a US airstrike for the destruction - but footage released by the Iraqi military suggests otherwise.

Japan

  • Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor (Reuters) Japan's Takata Corp (7312.T), the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade of recalls and lawsuits. Its airbags have been linked to at least 17 deaths around the world.

TK Holdings, its U.S. operations, filed Chapter 11 bankruptcy in Delaware on Sunday with liabilities of $10 billion to $50 billion, while the Japanese parent filed for protection with the Tokyo District Court early on Monday.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.




Econintersect Contributors








search_box
Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.







Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved