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U.S. House leader says progress being made on USMCA trade pact

“WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday that progress was being made to address Democrats’ concerns about a trade pact with Canada and Mexico, but that it will take time to write the bill and bring it to a vote” writes Midwest Communications Inc for 95kqds.com. “You are either for enforcement or you are for niceties, and we want to have both,” Pelosi said.Speaking to reporters at the U.S. Capitol, Pelosi repeated that ensuring enforceability of workers’ rights, environmental protections and other terms was…

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Asian shares slide as Sino-U.S. spat on Hong Kong clouds trade deal outlook

“Asked Wednesday about the status of the China deal, Trump told reporters in Texas: “I don’t think they’re stepping up to the level that I want.”” writes Midwest Communications Inc for 95kqds.com. U.S. West Texas Intermediate (WTI) crude futures were down 0.18% at $56.91 per barrel in early Thursday trade.U.S. S&P500 futures dropped 0.2% in early Asian trade, a day after MSCI’s broadest gauge of world stocks fell 0.4%, the biggest fall since early October.Trump said on Oct. 11 that deal could take as long as five weeks, and investors…

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Press secretary backtracks claim Obama officials left ‘You will fail’ notes

“Other Obama officials, including Joanna Rosholm, the former press secretary to Michelle Obama, posted photos of the notes they had left behind” writes Adam Gabbatt for theguardian.com. The White House press secretary has backed down from her claim that Obama administration officials left behind notes for Trump staffers saying “You will fail” and “You aren’t going to make it”, after a number of aides denied the allegation.Grisham retracted her claims, however, after a full-throated rejection from former Obama staffers. “This is absolutely not true,” Chris Lu, a White House cabinet…

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Drugs were found at Washington Redskins safety Montae Nicholson’s home after the death of 21-year-old woman, police say

“Police found pills and marijuana at the Virginia home of Washington Redskins safety Montae Nicholson during a police search that took place following the apparent overdose death of 21-year-old woman, according to a search warrant seen by The Washington Post” writes Kelly Mclaughlin for businessinsider.com. A state medical examiner is waiting a toxicology test results that could help reveal her cause and manner of death. Source: businessinsider.com

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Republicans are grasping at straws after EU Ambassador Gordon Sondland blew up one of their last defenses of Trump

“We followed the president’s orders,” Sondland said, portraying Trump as intricately involved in an effort to pressure Ukraine to launch investigations into his political rivals” writes John Haltiwanger for businessinsider.com. Sondland also testified that there was an explicit quid pro quo linking the investigations to frozen security assistance to Ukraine and a White House meeting desired by Ukrainian President Volodymyr Zelensky. Source: businessinsider.com

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Sondland: Trump only wanted Ukraine to announce investigation into Biden, not a real inquiry

“President Trump only wanted Ukraine to announce an investigation into the Bidens, but there was no expectation for them to follow through with the inquiry, according to Ambassador Gordon Sondland” reports washingtonexaminer.com. During , Sondland was the first witness to claim Trump demanded that Ukraine announce an investigation into the Bidens in return for a White House visit.Sondland told House Intelligence Committee Chairman Adam Schiff that Trump only wanted an investigation into the Bidens and Burisma to be announced, but he didn’t care if the inquiry ever took place.He claimed…

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Trump spokeswoman backtracks after saying Obama aides left behind mean notes

“Some high-profile Obama administration officials flatly denied the claim, including former national security advisor Susan Rice” writes The Associated Press for latimes.com. White House Press Secretary Stephanie Grisham backtracked from comments she made Tuesday that Obama administration aides left behind taunting notes for incoming Trump officials when they handed over their offices in 2017.Grisham later stepped back from those comments and said the nasty notes were left only in one part of the White House that houses press operations. Source: latimes.com

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AOC laid out a devastating 1-minute case against private equity in a House hearing — and blamed it for massive job losses

“But critics argue private equity firms strip businesses bare and fire workers in their drive to rack up massive profits” writes Joseph Zeballos-roig for businessinsider.com. Politico reported that Republicans and several business-friendly Democrats downplayed the controversies around the private equity sector and drew attention to its economic benefits instead. It seeks to reform the sector by “holding private equity firms jointly liable for the debts of companies under their control and by requiring greater transparency in private equity firms’ practices,” the bill read.What private equity firms do is buy struggling…

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GBP Markets News 

UK home prices to lag inflation on Brexit uncertainty: Reuters poll

“When asked to describe the level of London house prices on a scale of 1 to 10 from extremely cheap to extremely expensive, the median response was 8” writes Midwest Communications Inc for 95kqds.com. “Regardless of what happens with Brexit in the months ahead, a revival in the housing market is unlikely,” said Hansen Lu at Capital Economics.Housing watchers – again, unanimously – said that outcome would be the most inflationary for house prices in the coming year.For a graphic on the UK housing market outlook, click https://fingfx.thomsonreuters.com/gfx/polling/1/640/636/UK%20house%20prices%20outlook.png Nationwide, home…

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