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Top News & Analysis Washington DC

  • *G7 leaders agree on Russia, Syria, North Korea. TAORMINA, Italy, May 27- Under pressure from Group of Seven allies, U.S. The summit of G7 wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they had hoped were long settled.

  • TAORMINA, Italy, May 27- Under pressure from allies, U.S. The summit of Group of Seven wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having to revisit questions they hoped were long settled. "There are no indications whether the United States will stay in...

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations pledged on Saturday to fight protectionism, overcoming resistance from U.S. However, the United States remained isolated from the other six G7 nations over climate change, demanding more time to decide whether to honour its commitments to reduce carbon emissions under the 2015 Paris...

  • TAORMINA, Sicily— The Latest on Group of Seven summit:. The tensions took place when anarchists, communists and other anti-global protesters held a demonstration after the Group of Seven summit in Taormina, Sicily. After a two-day summit in Italy, French President Emmanuel Macron had warm words for Donald Trump, despite the fact the U.S. president did not join in...

  • TAORMINA, Sicily— Seven wealthy democracies ended their summit Saturday in Italy without unanimous agreement on climate change, as the Trump administration plans to take more time to say whether the U.S. is going to remain in the Paris accord on limiting greenhouse gas emissions. "is in the process of reviewing its policies on climate change and on the Paris...

  • TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations met African heads of state on Saturday, the final day of their annual summit which has been marked by discord over climate change, but unity on tackling terrorism. Italy had hoped to make Africa the major focus of the annual G7 gathering, holding the discussions on the island of Sicily that has...

  • NAVAL AIR STATION SIGONELLA, Sicily— The Latest on President Donald Trump's visit to Europe:. And in the heart of Europe, Trump berated NATO allies over their financial commitments— and wouldn't explicitly endorse the longstanding NATO defense doctrine. President Donald Trump is back in the Washington area after a nine-day trip to the Middle East and Europe.

  • WASHINGTON— A Kuwaiti logistics company has agreed to pay $95 million to resolve allegations that it inflated prices and defrauded the U.S. government for contracts to feed American troops in Iraq, Kuwait and Jordan. Agility had been suspended from federal government contracting since its indictment in 2009. The Department of Defense's Defense Logistics...

  • Once on the brink of forced retirement, the A-10 attack plane with the ungainly shape and odd nickname has been given new life, spared by Air Force leaders who have reversed the Obama administration's view of the plane as an unaffordable extra in what had been a time of tight budgets. In the 2018 Pentagon budget plan sent to Congress this week, the Air Force proposed...

  • TAORMINA, Sicily— As he dashed through the Middle East and Europe, Donald Trump looked like a conventional American leader abroad. And in the heart of Europe, Trump berated NATO allies over their financial commitments and would not explicitly endorse the "one for all, all for one" defense doctrine that has been the cornerstone of trans-Atlantic security for...

  • *VIENNA- Austrian National Bank Governor Ewald Nowotny to speak at a macro-economics conference. BRUSSELS- ECB President Mario Draghi speaks at the European Parliament in Brussels. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT.

  • *VIENNA- Austrian National Bank Governor Ewald Nowotny to speak at a macro-economics conference. BRUSSELS- ECB President Mario Draghi speaks at the European Parliament in Brussels. VIENNA- Austrian National Bank Governor Ewald Nowotnty to speak on a panel about Marshall plan- 1600 GMT.

  • *Italy looks to put focus on Africa, migration. TAORMINA, Italy, May 27- Leaders of the Group of Seven wealthy nations meet African heads of state on Saturday, the final day of their annual summit which has been marked by discord over climate change, but unity on tackling terrorism. President Donald Trump told his G7 counterparts from Britain, Canada, France, Germany,...

  • *Trump tells EU officials Germany is "very bad" on trade. President Donald Trump, who told EU officials Germany was "very bad" on trade and suggested it was selling too many cars in the United States. The exchange between the leaders came after German media reported on Friday that Trump had sharply criticised Germany in a private meeting on Thursday with European...

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK, May 26- "Sell in May and go away" is perhaps the oldest saw on Wall Street, but it appears there's no shortage of U.S. mutual funds doing exactly that this year. American fund investors have yanked more than $17 billion from U.S. stocks so far this month, data from fund tracker Lipper shows, with some $10.1 billion in withdrawals in the latest week alone, the second...

  • *G7 leaders hold two days of talks in Sicily. TAORMINA, Italy, May 26- Leaders from the world's major industrialised nations failed to persuade U.S. President Donald Trump to back a landmark climate deal at a G7 summit in Sicily on Friday after hours of talks that were described by Germany's leader as "controversial".

  • *U.S. bond market closes early at 2 p.m.. NEW YORK, May 26- U.S. "People are squaring up before the long weekend," said Kathy Jones, chief fixed income strategist at Schwab Center for Financial Research in New York.

  • WASHINGTON— The president's chief economic adviser is casting doubt on the future of U.S. coal, saying it "doesn't really make that much sense anymore as a feedstock," directly contradicting President Donald Trump's repeated promises to revive the struggling coal industry. Joe Manchin, D- W.Va., a longtime coal advocate, said he was taken aback by Cohn's remarks,...

  • LONDON, May 26- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. The ECB meets on June 8 amid a growing clamour to begin "normalising" monetary policy. A major determinant of the policy path Mario Draghi outlines that day will be next week's euro zone inflation figures.