March 19 (Reuters) - The U.S. State Department has approved the possible sale of Javelin missiles and related equipment to Morocco for an estimated cost of $260 million, the Pentagon said on Tuesday.
The prime contractors of the anti-tank missiles are Lockheed Martin and RTX Corp, the Pentagon said in a statement. (Reporting by Rami Ayyub; Editing by Eric Beech)
History provides a transparent outlook for investors if Joe Biden wins in November and Democrats control Congress.
Turkey is in talks with US energy giant ExxonMobil over a multibillion-dollar deal to buy liquefied natural gas, in an effort to curb its dependence on Russian energy, the Financial Times reported on Sunday. The country is seeking to build a "new supply portfolio" that will make it less reliant on any single partner, Turkey's Energy Minister Alparslan Bayraktar told the FT in an interview. Turkey would secure up to 2.5 million tonnes of LNG a year through a long-term deal under discussion with Exxon, Bayraktar told FT.
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Former President Donald Trump was ordered to pay $355 million in penalties for fraud charges and profits on the sale of different assets. The penalties have been accumulating interest at a rate of 9% per year and have snowballed to current liabilities above $450 million. The fine is growing at a rate of $2.6 million per month. The penalties have put Trump at risk of the court seizing his assets. With a costly presidential campaign and high levels of financial scrutiny, Trump's ability to repay t
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.
The president of the United States would probably have a hard time firing a Federal Reserve chair over interest rates. But nobody is totally sure what would happen if he tried.
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
After preparing for a recession, and hoping for a soft landing, the U.S. might end up in an unexpected bout of stagflation.
These changes are all important.
Ty Cobb, Former Federal Prosecutor and Former Special Counsel to the President, discusses former President Trump's hush money trial in New York, and states that things will be more difficult for Trump and his defense team as the trial goes on. He also talks about the US Supreme Court hearing arguments on former President Trump's immunity claim, and shares what he thinks the timeline will look for Jack Smith's case and how delayed it may end up being. Ty Cobb speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."