finance ministry

  • Paris Jun 14, 2019

    US Donors, Not French Billionaires, Foot Notre Dame Repair Bills

    The billionaire French donors who publicly promised flashy donations totaling hundreds of millions to rebuild Notre Dame have not yet paid a penny toward the restoration of the French national monument, according to church and business officials. Instead, it’s been mainly American citizens, via the charitable foundation Friends of Notre Dame, that have footed the bills and paid salaries for...

  • Donald Trump May 14, 2019

    US Targets $300B in Chinese Goods for New Tariff Hikes, But Stocks Broadly Rise

    U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to “fight to the finish” in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative’s Office issued its target list after Beijing announced tariff hikes Monday on $60 billion of American goods in their...

  • Donald Trump May 14, 2019

    Trump's Election Boosted Israeli Settlement Construction

    Israel’s government went on a spending binge in its West Bank settlements following the election of President Donald Trump, according to official data obtained by The Associated Press. Both supporters and detractors of the settlement movement have previously referred to a “Trump effect,” claiming the president’s friendlier approach to the settlements is leading to additional West Bank construction. While the...

  • Donald Trump May 13, 2019

    From Tequila to TV Cameras — Here Is a List of US Goods China Is Targeting With a 25% Tariff

    China upped the ante Monday in the ongoing tit-for-tat trade war between the world’s top economies. Beijing said it will raise tariffs on $60 billion in U.S. goods on June 1 in retaliation for President Donald Trump’s decision last week to hike duties on Chinese goods. This includes raising tariffs on more than 5,000 U.S. products to as high as...

  • Paris Apr 22, 2019

    Notre Dame Fire Was a Warning Bell. Will Europe Listen?

    It’s a thin line where the patina of age on Europe’s countless monuments gives way to the onset of neglect. Like with so many loved ones, all is assumed to be fine, until suddenly it’s not. In the wake of the fire last week that gutted Notre Dame, questions are being raised about the state of thousands of other cathedrals,...

  • Paris Apr 21, 2019

    Outrage After Some French Protesters Urge Police Suicides

    With French police suicides on the rise, Paris authorities are investigating yellow vest protesters who encouraged police to kill themselves. Radical protesters have clashed with police nearly every weekend for five months on the margins of largely peaceful yellow vest demonstrations demanding more help for France’s beleaguered workers, retirees and students. On Saturday, Associated Press reporters heard some protesters in...

  • Paris Apr 20, 2019

    Yellow Vest Anger Burns in France, Fueled by Notre Dame Fire

    French yellow vest protesters set fires Saturday along a march through Paris to drive home their message to a government they believe is ignoring the poor: that rebuilding the fire-ravaged Notre Dame Cathedral isn’t the only problem France needs to solve. Like the high-visibility vests the protesters wear, the scattered small fires in Paris appeared to be a collective plea...

  • Donald Trump Apr 2, 2018

    China Raises Tariffs on US Pork, Fruit in Trade Dispute

    China raised import duties on a $3 billion list of U.S. pork, fruit and other products Monday in an escalating tariff dispute with President Donald Trump that companies worry might depress global commerce. The Finance Ministry said it was responding to a U.S. tariff hike on steel and aluminum that took effect March 23. But a bigger clash looms over...

  • United States Jan 9, 2018

    France Investigates Apple for Slowing Down Old iPhones

    French prosecutors have opened an investigation into Apple over revelations it secretly slowed down older versions of its handsets. The Paris prosecutor’s office said Tuesday a probe was opened last week and is led by the French body in charge of fraud control, which is part of the finance ministry. It follows a legal complaint filed in December by a...

  • Donald Trump May 10, 2017

    More Inconsistencies in Flynn Work, Now With Turkish Client

    Targeted in widening investigations of his foreign entanglements, President Donald Trump’s former national security adviser, Michael Flynn, is at odds with his former Turkish client over two unusual payments totaling $80,000 that Flynn’s firm sent back last year to the client. The disagreement points to inconsistencies in Flynn’s accounts to the U.S. government about his work for foreign interests. Flynn’s...

  • Olympics Jul 5, 2016

    Rio's New Subway Line Is Running Out of Time Before Olympics

    Two construction workers chatted while applying white grout to the walls of a new subway tunnel one recent day, their voices and the smells of the building materials stark reminders of what was missing: passengers and trains. Seven weeks before the Summer Olympic Games commence, a subway expansion that was supposed to transport hundreds of thousands of athletes and fans...

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