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A Pulse on Freight Signals U.S. Economic Contraction by Year-End

One vital sign of the American economy is pointing toward growth turning negative by the end of the year. The Cass Freight Index, a monthly measure of rail, trucking and airfreight volume, dropped 3% in August from a year earlier, the ninth consecutive month of declines. The figures released Friday blamed tariffs for stalling trade. The numbers and the analysis ...

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Federal Reserve to Return to Stimulus Pump: Global Economy Week

The Federal Reserve is poised to cut interest rates again this week and may still not be done delivering monetary stimulus. Having already reduced their benchmark in July to 2.0%-2.25%, Chairman Jerome Powell and colleagues will lop off another 25 basis points on Wednesday to support the slowing economy, according to a Bloomberg survey of economists. Among the key questions ...

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How Israel Can Deter Iran

An all-out Iran offensive against Israel can be neutralized using a simple declaration of just one sentence Hezbollah is said to have 130,000 rockets that could reach all of Israel, with Hamas possessing thousands of rockets that could cover southern and central Israel, including the Tel Aviv area. It is also said that, if war broke out, Israel could find ...

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Trump has used Israel for political points — and there may be consequences

President Trump has never shied away from foreign election interference — he’s professed his willingness to accept dirt from foreign countries and stayed silent when despots like Kim Jong Un criticize his political rivals.President Trump has never shied away from foreign election interference — he’s professed his willingness to accept dirt from foreign countries and stayed silent when despots like ...

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IMPRISONED ISRAELI ‘FALLING APART’ IN RUSSIAN JAIL

25-year-old Naama Issachar charged with drug smuggling nine grams of cannabis in her checked baggage an Israeli Woman who has been languishing in various Russian jails for four months is “falling apart,” according to her sister. Naama Issachar, 25, was charged with smuggling narcotics into Russia after nine grams of cannabis were found in her checked baggage, which was being ...

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Lebanon Was Just Rated “Largely Compliant” on Transparency and Exchange of Information for Tax Purposes

A Report by The OECD Global Forum summarizing improvements and areas still needing monitoring. The Global Forum on Transparency and Exchange of Information for Tax Purposes published, on July 30, nine peer review reports assessing compliance with the international standard on transparency and exchange of information on request (EOIR). And, Lebanon was positively rated. The reports are part of the ...

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Lebanon’s Hariri hopes for decision in September on sea border talks

Lebanese Prime Minister Saad al-Hariri said on Thursday after talks in Washington that he hoped for a final decision, possibly in September, on a proposal for resolving a maritime border dispute with Israel on a gas pipeline. U.S. Secretary of State Mike Pompeo welcomed Lebanon’s commitment to the talks and reiterated Washington’s willingness to facilitate discussions. “We consider the process ...

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Lebanon’s Aoun vows to tend to economic, financial reforms

Lebanon is expected to begin implementing in October a set of economic and financial measures agreed by its top leadership that will boost economic growth, President Michel Aoun said on Sunday, vowing that he would to tend to this himself. He was referring to decisions taken at a top-level meeting earlier this month with the aim of reviving an economy ...

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