Asian markets extend losses on China-US trade jitters

BANGKOK (AP) – Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports. KEEPING SCORE: Japan’s Nikkei 225 index sank 1.0 percent to 22,512.53 while the Shanghai Composite index lost 2.0 percent to 2,768.02. Hong Kong’s Hang Seng index dropped 2.2 percent to 27,714.38 and the Kospi in South Korea shed 1.6 percent to 2,270.20. Australia’s S&P; ASX 200 skidded

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Who is Q? Behind conspiracy theory erupting at Trump rallies – The Denver Post

TAMPA, Fla. — Amid the “Trump 2020” placards, the “Women for Trump” signs and the “CNN SUCKS” T-shirts, the most inscrutable message that came out of Donald Trump’s Tampa rally on Tuesday evening was a letter. Q. People wore T-shirts with the letter emblazoned on the front. Others carried signs containing the letter: “Q WWG1WGA Trump 2020 Keep America Great! MSM is the enemy.” Another held a dog-eared and slightly crumpled piece of paper in the air. It said, simply,

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Not A Moment Too Soon: Iris Origo’s War Diary

It’s almost impossible to imagine a better time to read “A Chill in the Air: An Italian War Diary, 1939–1940,” by Iris Origo, which is being published this week by New York Review Books. And, if there ever is a better time, it won’t be one we want to live in. Trenchant, intelligent, and written with a cool head, the book records the months before Italy’s descent into the Second World War, when Mussolini’s relationship with Hitler was being presented

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Flat-pack gym has team pumped for Pan Pacs

Dolphins staff travelled ahead of the squad to Japan to set up the facility, which was ready to use as the 32-strong squad arrived in the midst of a heatwave. Emily Seebohm will join the team in coming days after completing her training in Brisbane in the wake of a relationship break-up with backstroker Mitch Larkin. The gym equipment has been specifically selected for swimming programs, which have evolved rapidly to include a far more dry-land training as well as

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Fidelity offer of no-fee index funds hurts shares of rivals

BOSTON (Reuters) – Fidelity Investments outlined plans on Wednesday to launch no-fee index funds, hurting the shares of rivals including BlackRock Inc as investors worried about lower profits. The move marked the latest round of price cutting in the asset management industry, which has benefited from rising markets and steady inflows of investor cash to passively managed products. “This news has likely led to the significant selling-off of asset manager stocks today with many of the stocks we track down

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Trump administration adds to China trade pressure with higher tariff plan

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said on Wednesday. Aerial view of containers at a loading terminal in the port of Hamburg, Germany August 1, 2018. REUTERS/Fabian Bimmer U.S. Trade Representative Robert Lighthizer said Trump directed the increase from a previously proposed 10 percent duty because China has refused to meet U.S. demands

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Scrap council tax – wealthy homeowners must pay more| Larry Elliott | Opinion

The government is short of money. The Treasury is scrabbling around looking for ways to fund Theresa May’s pledge to spend an extra £20bn a year on the NHS. Pressures on the public finances are bound to continue increasing because the population is ageing and older people need more health and social care. The way to square the circle is obvious. Philip Hammond should use his autumn budget to announce the abolition of council tax and its replacement with a

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President Trump calls on Jeff Sessions to stop Robert Mueller’s Russia probe “right now,” raising concerns over obstruction of justice

By Chris Megerian, Noah Bierman and Eliza Fawcett WASHINGTON — President Donald Trump called on Attorney General Jeff Sessions to “stop this Rigged Witch Hunt right now,” opening the president to further complaints that he is trying to obstruct the investigation into Russia’s election interference and his campaign’s possible complicity. Trump is already reportedly under investigation for potential obstruction of the Russia probe led by special counsel Robert S. Mueller III. His tweet early Wednesday was the president’s most explicit

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Israelis tickled by Sacha Baron Cohen’s grotesque caricature

JERUSALEM (AP) – Sacha Baron Cohen is at it again. After tapping into his familiarity with Israel and his fluency in Hebrew to shape previous eccentric personas such as Borat and Bruno, the Jewish comedian has created his most stereotypical Israeli character yet – a grotesque, faux counterterrorism instructor in his new Showtime series “Who is America?” Retired Colonel Erran Morad has already managed to dupe former Vice President Dick Cheney into signing a waterboarding kit, convinced former Senate majority

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Feinstein was ‘mortified’ by FBI allegation that staffer was spy for China: report

U.S. Sen. Dianne Feinstein fired a staffer a few years back who was allegedly part of an effort to spy and pass on political intelligence to the Chinese government. The staffer, based in the Democrat’s San Francisco office, was suspected of delivering political intelligence, though nothing top secret, to officials based at the local Chinese Consulate, Politico reported. The FBI informed Feinstein, the then-chairwoman of the Senate Intelligence Committee, about five years ago about the staffer and allegations that the

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