Top News & Analysis Washington DC

  • *Iran's elite force warns of "unforgettable" retribution. DUBAI, Sept 23- Iran's elite Revolutionary Guards vowed on Sunday to exact "deadly and unforgettable" vengeance for an attack on a military parade that killed 25 people, including 12 of their comrades, and Tehran accused Gulf Arab states of backing the gunmen. Saturday's assault, one of the worst ever against...

  • *Trump demanded OPEC boost output immediately. *Iran softens stance on possible OPEC output increase. "I do not influence prices," Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non- OPEC energy ministers gathered in Algiers for a meeting that ended with no formal recommendation for any additional supply boost.

  • *Trump demanded OPEC boost output immediately. *Iranian oil supply decline raises pressure on OPEC. "I do not influence prices," Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non- OPEC energy ministers gathered in Algiers for a meeting that ended with no formal recommendation for any additional supply boost.

  • *Iran's elite force warns of "unforgettable" retribution. DUBAI, Sept 23- Iran's Revolutionary Guards vowed on Sunday to exact "deadly and unforgettable" vengeance for a shooting attack on a military parade that killed 25 people, including 12 of their comrades, and Tehran accused Gulf Arab states of backing the gunmen. Saturday's assault, one of the worst ever...

  • *Iran's elite force warns of "unforgettable" retribution. DUBAI, Sept 23- Iran's Revolutionary Guards vowed on Sunday to wreak "deadly and unforgettable" vengeance for a shooting attack on a military parade that killed 25 people, including 12 of their comrades, and Tehran accused Gulf Arab states of backing the gunmen. Saturday's assault, one of the worst ever...

  • U.S. President Donald Trump at the White House.

    The new NBC News-Wall Street Journal survey shows Democrats leading Republicans by 52 percent to 40 percent for control of Congress.

  • WASHINGTON— Farmers across the United States will soon begin receiving government checks as part of a billion-dollar bailout to buoy growers experiencing financial strain from President Donald Trump's trade disputes with China. Farmers are already feeling the impact of Trump's trade tiffs with China and other countries. China has hit back hard,...

  • *Trump demanded OPEC boost output immediately. "I do not influence prices," Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non- OPEC energy ministers gathered in Algiers for a meeting that ended with no formal recommendation for any additional supply boost. The price rally mainly stemmed from a decline in oil exports from OPEC member Iran due to...

  • *Attack on Iran military parade stokes regional tensions. DUBAI, Sept 23- President Hassan Rouhani said on Sunday Iran was ready to confront the United States and its Gulf Arab allies, a day after an attack on an Iranian military parade killed 25 people, including 12 members of the elite Revolutionary Guards. Speaking before leaving Tehran to attend the annual U.N....

  • *Attack on Iran military parade stokes regional tensions. Speaking before leaving Tehran to attend the annual U.N. General Assembly in New York, Rouhani accused U.S.-backed Gulf Arab states of providing financial and military support for anti-government ethnic Arab groups in Iran. The Islamic Revolutionary Guards Corp has been the sword and shield of...

  • But U.S. House and Senate leaders say they will direct the Federal Aviation Administration to set minimum dimensions for passenger seats as part of a new spending bill. The Senate supported limiting those fees. Ed Markey of Massachusetts said Saturday the provision was left out after negotiations with House lawmakers.

  • Congress faces a Sept. 30 deadline to keep FAA programs running. In July, the FAA rejected the idea of setting minimum standards for airlines seats and legroom as a safety measure. But Congress appears determined to require the FAA to do so.

  • Washington says China's purchase of the weapons from Rosoboronexport, Russia's main arms exporter, violated a 2017 law intended to punish the government of Russian President Vladimir Putin for interfering in U.S. elections and other activities. The action triggers a visa ban on China's Equipment Development Department and director Li Shangfu, forbids...

  • WASHINGTON, Sept 22- The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday. The official said despite its protestations, China was well aware of U.S. demands it...

  • **LONDON- Participation by ECB chief economist Peter Praet in opening keynote dialogue at FT Investment Management Summit Rebalancing Return and Risk Amid Global Recovery in London 0810 GMT. **FRANKFURT- Opening remarks by ECB Board Member Benoit Coeure at annual meeting of ECB's Money Market Contact Group in Frankfurt 1200 GMT. **LONDON- Guest talk by ECB chief...

  • ATLANTA— The federal government is warning the owners of a troubled nuclear power plant in Georgia that any move to cancel a planned expansion would lead to demands for quick repayment of nearly $6 billion in federal loans. The Energy Department letter comes as Georgia state lawmakers sound the alarm about cost overruns at the site. In August, the plant's owners,...

  • NEW YORK, Sept 21- Sterling plunged on Friday, driving the U.S. dollar up, after fears rose that Britain would leave the European Union without a trade deal. British Prime Minister Theresa May said on Friday the European Union must supply an alternative Brexit proposal, saying talks had reached an impasse after the bloc's leaders had rejected her plans without...

  • WASHINGTON— Consumer and health care groups are scrambling to block what they say is a move by the pharmaceutical industry to commandeer must-pass opioids epidemic legislation as a vehicle for rolling back drugmaker discounts to Medicare beneficiaries with high prescription costs. Details of the potential Medicare component were shifting, but...

  • WASHINGTON, Sept 21- The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday. The official said despite its protestations, China was well aware of U.S. demands it...

  • TORONTO, Sept 21- The Canadian dollar was little changed against the greenback on Friday, holding near its highest in more than three months as data showing a pickup in underlying inflation boosted bets for a Bank of Canada interest rate hike next month. Canada's annual inflation rate dipped to 2.8 percent in August from 3.0 percent in July, the seventh...