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One Norwegian company is defying Trump’s Iran tantrum

“President Donald Trump wants to reisolate Iran, reneging on the nuclear deal, JCPOA, of 2015” reports businessinsider.com. But one Norwegian company is defying Trump and making a big bet on Iran.We will see more investments within the near future,” Norwegian ambassador to Iran Lars Nordrum told AFP. Saga Energy’s investment deal is the second largest since the sanctions against the country were lifted in 2015. Source: businessinsider.com Share This:

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Ryan Opposes Senate Deal on Subsidies to Obamacare Insurers

“House Speaker Paul Ryan announced his opposition to a deal to stabilize Obamacare’s exchanges shortly after President Trump bashed it” writes Robert King for washingtonexaminer.com. Ryan’s opposition alongside Trump’s may deal a death blow to the nascent bipartisan deal just announced on Tuesday.Trump then threw the deal’s chances into chaos on Wednesday after he tweeted that he couldn’t support a “bailout” for Obamacare insurers.He also said last week that he couldn’t support any deal that would add more money to Obamacare.Lamar Alexander, R-Tenn., and Patty Murray, D-Wash., to continue bipartisan…

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Trump Backs Away From Senate Deal on Obamacare Subsidies

“Ending the subsidies, which are called cost-sharing reduction payments, could create chaos in the 2018 health insurance markets set up under Obamacare” writes Min Read for reuters.com. WASHINGTON (Reuters) – A bipartisan deal from two U.S. senators to stabilize Obamacare by restoring subsidies to health insurers ran into trouble on Wednesday with President Donald Trump sending mixed signals and the speaker of the House indicating no interest in taking it up. Source: reuters.com Share This:

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President Trump gives more mixed signals in bipartisan health deal

“The accord has been hailed by Democrats and some Republicans who say the payments must be continued to avoid roiling health insurance marketplaces” writes Alan Fram for sun-sentinel.com. President Donald Trump sent more perplexing signals Wednesday about whether he backs a bipartisan Senate deal for steadying health insurance markets, saying he backs lawmakers’ efforts to strike that compromise but “can never support” federal bailouts for insurers.”I’m going to review it,” Alexander said in a brief interview with The Associated Press, describing what Trump said about the deal.Patty Murray, D-Wash., reached…

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Viacom, Charter agree to deal to include 8 networks in basic package: source

“(Reuters) – Viacom Inc and Charter Communications have agreed to a deal whereby eight of Viacom’s networks, including five of its flagship networks, will be in the least expensive package of Charter’s Spectrum cable service, a source told Reuters on Wednesday” reports businessinsider.com. Under the deal, which has not been finalized, five of Viacom’s flagship networks – MTV, Nickelodeon, Comedy Central, Paramount Network and BET – will be in Spectrum’s basic package as well as VH 1, TV Land and CMT, according to the source, who wished to remain anonymous…

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Why a bipartisan deal to prop up Obamacare may be over before it has begun

“A bipartisan deal in Congress to prop up Obamacare may be over before it has even begun” reports washingtonpost.com. Basically, until Trump and Republicans see a political benefit to propping up Obamacare, this bipartisan deal will likely have very little that’s bipartisan about it.Republicans in Congress want to repeal Obamacare, not prop up the individual insurance markets created by the law. Source: washingtonpost.com Share This:

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Trump appears to back further away from bipartisan health-care push

“The compromise would authorize payments to health insurers that help millions of lower-income Americans afford coverage in exchange for granting states greater flexibility to regulate health coverage under the Affordable Care Act” reports washingtonpost.com. President Trump appeared to distance himself further from a bipartisan Senate health-care effort Wednesday, warning against “bailing out” insurance companies. “I am supportive of Lamar as a person & also of the process, but I can never support bailing out ins co’s who have made a fortune w/ O’Care,” Trump wrote on Twitter.The framework would also…

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Khamenei says Iran will ‘shred’ its nuclear deal if US quits it

“If Trump ditched the deal, “Iran will shred it.”” writes unknown author for cnbc.com. Iranian Supreme Leader Ayatollah Ali Khamenei said on Wednesday Tehran would stick to its 2015 nuclear deal with world powers as long as the other signatories respected it, but would “shred it” if the United States pulled out, state TV reported.Khamenei spoke five days after U.S. President Donald Trump adopted a harsh new approach to Iran by refusing to certify its compliance with the deal, reached under Trump’s predecessor Barack Obama, and saying he might ultimately…

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News Oil 

OPEC reportedly favors 9-month extension to output cut deal in bid to boost oil prices

“OPEC members are reportedly forming a consensus around extending their production cutting deal with other crude exporters by nine months, a move that would help to put a floor under oil prices” writes Tom Dichristopher for cnbc.com. That would prolong the agreement among OPEC, Russia and other oil-producing nations to keep 1.8 million barrels a day off the market through the whole of next year.OPEC may put off the decision at its Nov. 30 meeting if demand for crude oil and petroleum products remains strong, a source told Reuters. Source: cnbc.com…

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GBP News 

Airline passenger rights won’t be protected by EU laws after Brexit

“An aviation deal has yet to be agreed upon to replace or replicate the current set of rights” writes Ronan J O’shea for independent.co.uk. Under current laws, EU citizens are entitled to claim compensation in certain circumstances, for example, if their flight is delayed or cancelled due to adverse weather conditions. Source: independent.co.uk Share This:

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