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BMI: No Trump Effect on Mining Investments

EghtesadOnline: The government of US president-elect Donald Trump will have no significant impact on foreign investments into Iran’s mining sector, as any reinstatement of sanctions will, if at all, pose minimal additional hurdles to entrepreneurs, according to analysts.
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Publish Date: 12/January/2017 | 14:27

Trump news conference sets worldwide social media afire

EghtesadOnline: In his first news conference since the Nov. 8 election, President-elect Donald Trump set social media ablaze on Wednesday with remarks including harsh criticism of the press and a defense of his goal to improve ties with Russia.
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Publish Date: 12/January/2017 | 10:02

Just the facts; Japan seeks way out of Trump's bad books on trade

EghtesadOnline: Armed with fact sheets on jobs created and investments made in America, Japan aims to give Donald Trump a crash course on its contribution to the U.S. economy in hopes of persuading him that Tokyo is different from Trump's favorite trade target, China.
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Publish Date: 12/January/2017 | 09:28

Dollar skids to more than 1-month low against yen

EghtesadOnline: The dollar extended its losses in Asian trading on Thursday, breaking through the previous session's one-month low against the yen hit after President-elect Donald Trump's news conference failed to offer details on his plans to boost fiscal spending and cut taxes.
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Publish Date: 12/January/2017 | 09:24

Toyota president met Pence in Washington, company says

EghtesadOnline: Toyota Motor Corp on Thursday said that company President Akio Toyoda met with U.S. Vice President-elect Mike Pence in Washington earlier this week as the incoming U.S. administration pressures automakers to build more cars locally.
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Publish Date: 12/January/2017 | 09:22

Secretary of State nominee Tillerson veers from Trump on key issues

EghtesadOnline: Secretary of State nominee Rex Tillerson expressed views on Wednesday at odds with President-elect Donald Trump's positions on key foreign policy issues like nuclear proliferation, trade deals, climate change and relations with Mexico.
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Publish Date: 12/January/2017 | 09:01

U.S. intelligence chief Clapper says spoke with Trump about media leaks

EghtesadOnline: U.S. Director of National Intelligence James Clapper said he spoke with President-elect Donald Trump on Wednesday evening to discuss media leaks of a classified intelligence briefing on Russian hacking that Trump received last Friday.
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Publish Date: 12/January/2017 | 08:52

Trump says won't divest from his business while president

EghtesadOnline: U.S. President-elect Donald Trump said on Wednesday he would maintain ownership of his global business empire but hand off control to his two oldest sons while president, an arrangement that watchdogs said would not prevent conflicts of interest in the White House.
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Publish Date: 12/January/2017 | 08:50

Trump’s Indonesia Partner Heads to Inauguration to Bolster Deals

EghtesadOnline: Indonesian tycoon Hary Tanoesoedibjo will fly to New York next week for meetings with Trump’s sons on resort projects in the Southeast Asian nation. Days later he will watch in Washington DC as Trump is sworn in as U.S. president.
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Publish Date: 12/January/2017 | 07:40

Drug Stocks Plunge as Trump Threatens to Force Price Bidding

EghtesadOnline: Pharmaceutical and biotech stocks plummeted Wednesday after President-elect Donald Trump said he’d force the industry to bid for government business, a position that aligns him with congressional Democrats and against the powerful drug-manufacturing lobby.
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Publish Date: 12/January/2017 | 07:38

Trump’s ‘Meaningless’ Ethics Plan Assailed by Watchdogs

EghtesadOnline: Donald Trump will hold on to his multi-billion-dollar businesses from the White House, leaving him open to conflicts of interest that ethics specialists say could undermine his presidency.
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Publish Date: 12/January/2017 | 07:36

Trump Team Said to Cancel Mattis House Panel Testimony on Waiver

EghtesadOnline: A House panel abruptly canceled a scheduled appearance by defense secretary nominee General James Mattis ahead of a vote to waive a law barring recently retired military officers from leading the Pentagon.
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Publish Date: 12/January/2017 | 07:31

Stocks Rise, Dollar Drops as Trump Effect Fades

EghtesadOnline: Donald Trump’s first press conference as president-elect spurred a brief bout of volatility on U.S. financial markets before stocks, the dollar and Treasuries drifted back toward pre-event levels with investors still awaiting details on the Republican’s policy prescriptions.
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Publish Date: 12/January/2017 | 06:20

From Brexit to Trump, Polarization Heightens Risk, WEF Says

EghtesadOnline: Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S. President-elect Donald Trump, the World Economic Forum said.
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Publish Date: 12/January/2017 | 06:16
Things may even out in the U.S., but emerging markets will suffer.

Trump’s Border Tax Threat May Weaponize the Dollar

EghtesadOnline: Is fiscal war the new currency war? President-elect Donald Trump’s threat to impose a “major” border tax on U.S. manufacturers that make products abroad to sell in the U.S. could fuel the next leg in the post-election dollar rally, some analysts reckon.
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Publish Date: 12/January/2017 | 06:07

Trump Says He Just Turned Down $2 Billion Property Deal in Dubai

EghtesadOnline: President-elect Donald Trump said on Wednesday that he was offered $2 billion a few days ago to make a deal in Dubai with a major property developer but turned it down because he didn’t want to have a conflict of interest after his election.
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Publish Date: 12/January/2017 | 05:42

Trump's choices for top Cabinet posts face big tests this week

EghtesadOnline: Senate confirmation hearings this week for President-elect Donald Trump's nominees for top jobs - from secretary of state to attorney general - should provide a test of his ability to work with fellow Republicans in Congress to enact his agenda.
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Publish Date: 09/January/2017 | 13:20

Fiat Chrysler ups the ante as automakers respond to Trump

EghtesadOnline: Fiat Chrysler Automobiles on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles.
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Publish Date: 09/January/2017 | 24:54