Asian Shares Mostly Lower As Trade Worries Deepen

Asian stocks closed mostly lower on Monday as worries about rising trade tensions stoked fears of a global recession. In addition to the U.S.-China trade war, U.S. President Donald Trump’s decision to impose tariffs on all Mexican imports weighed on investor sentiment. On Sunday, China published a white paper that said the U.S. should take responsibility for the setback in trade talks.
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Oil prices drop as trade war worries outweigh supply disruptions

Oil prices fell by around 1% on Wednesday on concerns the Sino-U.S. trade war could trigger a global economic downturn, but relatively tight supply amid OPEC output cuts and political tensions in the Middle East offered some support.
Energy

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Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services.


Reuters: Arts

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Debt worries, low birth rate ring alarm bells

Two important bits of seemingly unrelated news came out last week. One got more attention than the other. You probably heard that the birth rate in the US hit a 32-year low in 2018. There were only 3.788 million babies born, a decline of 2% from the year before. The US is not producing enough…
Business | New York Post

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John Paul Stevens looks back on nearly a century of life and law, but worries about the future

The long-serving justice has written a memoir and says he is concerned about the Supreme Court’s direction on issues he thought were already settled.
Politics

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Asian Markets In Negative Territory As Trade Worries Intensify

Asian stock markets are in negative territory on Wednesday and the safe-haven yen strengthened following the weak cues overnight from Wall Street amid worries about escalating U.S.-China trade tensions. U.S. Trade Representative Robert Lighthizer confirmed that the U.S. plans to raise tariffs on $ 200 billion worth of Chinese goods to 25 percent on Friday.
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European Shares Set To Open Lower As Trade Worries Re-emerge

European stocks may drift lower on Wednesday as investors digest conflicting reports on U.S.-China trade talks and look ahead to the Fed’s decision on interest rates.
RTT – Top Story

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Stocks See Further Downside On Renewed Trade Worries – U.S. Commentary

After moving mostly lower early in the session, stocks have seen further downside over the course of the trading session on Thursday. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session.
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Worries About Trade, Global Economy Weigh On Wall Street – U.S. Commentary

Stocks moved notably lower over the course of the trading session on Thursday, adding to the modest losses posted in the previous session. With the drop, the major averages pulled back further off the two-month closing highs set on Tuesday.
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Worries remain for U.S. government contractors as shutdown ends

Minutes after President Donald Trump announced an end to the longest U.S. government shutdown in history on Friday, Yvette Hicks’ phone started ringing.


Reuters: Politics

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‘KUWTK’ Finale: Kim Kardashian Meets With Trump, Worries About Kanye

Going out with a bang! The Sunday, December 9, season finale of Keeping Up With the Kardashians was jam-packed with drama as Kim Kardashian juggled Kanye West‘s TMZ Live appearance, a meeting with President Donald Trump, and the Met Gala.

The episode began with a heartbroken Kim explaining how she became moved and inspired by one prisoner’s story. Alice Johnson, Kim explained to sister Kourtney Kardashian, was a woman who’d been in jail serving a life sentence for 21 years over a nonviolent first-time offense. Kim became involved in the case after reaching out and offering to help. Kim told Kourtney, “The only person who can grant her clemency … would be the president.” In a testimonial, Kim explained her plan to help Alice involved a White House visit. “My first phone call was to Ivanka [Trump]. … She connected me with her husband Jared [Kushner],” Kim said. “They’ve asked me to go and talk to Trump about why Alice should get out.”

Kim also revealed, “I’ve been so straightforward with Jared that I have different views. I was at Hillary [Clinton] fundraisers. This might not be a popular opinion, but I’ll talk to who I need to talk to to get things done.”

In the midst of planning her White House visit and traveling to New York for the Met Ball, Kim was hit with a curveball: her husband Kanye’s controversial TMZ Live appearance where the rapper stated, “When you hear about slavery for 400 years … for 400 years? That sounds like a choice.”

Momager Kris Jenner was slated to appear on The Ellen DeGeneres Show shortly after the statements were made. Backstage at the talk show, she told boyfriend Corey Gamble that Kim had told her, “You’re not the person who’s qualified to talk about Kanye. You’re just gonna make it worse.” Kris, who refused to cancel her TV appearance, added that despite the nature of Kanye’s comments, “My loyalty really lies with Kanye.”

Later, while getting ready for the Met Gala in her New York City hotel room, Kim opened up to Jonathan Cheban about Kanye’s actions. “Everyone thinks he’s having a breakdown,” she said. “When I saw the clip, I rushed home, I was hysterically crying. So I go home, he’s totally fine.”

“When he gets ramped up, he can’t control what he says. He can’t let it go. But he loves getting ramped up,” she continued. “As a wife, it’s really frustrating to see the media take everything and run with it.”

As the Kanye controversy roared in the background, Kim was all business as she traveled to the White House with attorney Shawn Holley, the lawyer who famously represented Lindsay Lohan during her 2013 legal battle. Holley described the meeting with Trump, saying, “It was a lot of chit-chatting. They talked a little bit about Khloé [Kardashian] on The Celebrity Apprentice.”

There was also “a lot of Kanye talk. [Trump said,] ‘Oh, I love Kanye,’” Kim added. “Jared had said Kanye speaking out and reaching out had been very positive for this.”

The meeting resulted in a positive outcome when, a few days later, Kim, in the middle of a photo shoot, was able to break the news to Alice Johnson that she’d be released from prison. Alice, who later appeared in the episode as Kim flew to Tennessee to meet her, cried and called Kim an “angel.”

As for her meeting with Trump, Kim later told Shawn, “This has nothing to do with politics. I don’t really know anything. This just has to do with getting in front of the person that is the only person in the world that can make this decision and try to change their mind.”

Keeping Up With the Kardashians airs on E! Sundays at 9 p.m. ET.

Us Weekly

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Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates

Housing stocks fall broadly after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector.
Real Estate

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Stocks Close Firmly Negative Amid Interest Rate Worries – U.S. Commentary

Stocks saw considerable weakness during the trading session on Thursday, extending the pullback seen in afternoon trading on Wednesday. With the drop on the day, the Dow gave back ground after ending yesterday’s trading at a record closing high.
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