The United States

Japan trade surplus drops sharply on higher oil imports

london - Muslimchronicle

Japan's trade surplus fell sharply in November, the government said Monday, as the rising cost of oil and smartphone imports outweighed strong exports of cars and steel. The world's third-largest economy logged a surplus of 113.4 billion yen ($1.0 billion), a 22-percent drop from a 146.5-billion-yen surplus a year earlier, according to finance ministry data. Exports rose for the 12thRead more

Kremlin denounces 'imperialist character' of US strategic report

Moscow - Muslimchronicle

The Kremlin denounced on Tuesday the "imperialist character" of the American report on national security strategy, accusing Washington of clinging to a "unipolar world". "The imperialist character of this document is obvious, as is the refusal to renounce a unipolar world, an insistent refusal," Kremlin spokesman Dmitry Peskov told reporters, adding the Russian authorities "cannot accept that the country isRead more

To fix inequality, look to EU-style policies

Paris - Muslimchronicle

EU-style policies are the best-suited to reduce global inequality and poverty, a report by a team of economists said Thursday, warning of catastrophe if the stunning concentration of global wealth is left unchecked. The World Inequality Report draws on the work of over 100 researchers from more than 70 countries found that during that over the past 35 years theRead more

Greek court orders extradition of Russian Bitcoin suspect to US

Athens - Muslimchronicle

Greece's Supreme Court on Wednesday ordered that a Russian accused of laundering $4 billion using bitcoin digital currency be extradited to the United States, a court source said. Greece's justice minister will now have the final say on whether to extradite Alexander Vinnik, who headed BTC-e, an exchange for the cyber currency. He was indicted by a US court inRead more

Ski star Vonn dismay over Trump backlash

london - Muslimchronicle

American skiing star Lindsey Vonn voiced dismay on Tuesday over the backlash that has followed her remarks last week concerning the United States government and President Donald Trump. In a lengthy post on Instagram, Vonn said she had been hurt by some of the responses she had received to comments made in an interview with CNN. "My recent comments openedRead more

Nagbe joins Atlanta in record-breaking deal

Los Angeles - Muslimchronicle

US international Darlington Nagbe is heading from the Portland Timbers to Atlanta United in a deal worth up to a record $1.65 million (1.4 million euros). The exact figure of the deal depends on contract incentives, but it could exceed the most allocation money ever exchanged between two Major League Soccer Clubs in a single trade — the $1.6 millionRead more

Erdogan says US 'partner to bloodshed' over Jerusalem

Ankara - Muslimchronicle

Turkish President Recep Tayyip Erdogan warned the United States on Monday it was a "partner to bloodshed" after Donald Trump's recognition of Jerusalem as the capital of Israel sparked violence. Erdogan bitterly opposes Trump's decision and has sought to mobilise the Muslim world against it, calling a summit of Islamic countries on December 13 in Istanbul. The Turkish president, whoRead more

New Zealand outmuscle Argentina in sevens final

london - Muslimchronicle

Powerful New Zealand outplayed error-prone Argentina 38-14 in Cape Town Sunday to win the second leg of the World Rugby Sevens Series. The convincing victory followed two much closer matches -- a 17-12 quarter-final win over England followed by a 19-12 triumph against hosts and title-holders South Africa. A new-look New Zealand squad under new coach Clark Laidlaw finished runners-upRead more

Palestinians 'walking away' from talks with Pence snub: US

Jerusalem - Muslimchronicle

The United States accused the Palestinian Authority Sunday of "walking away" from a chance to discuss peace in the Middle East by snubbing Vice President Mike Pence on an upcoming visit. "It's unfortunate that the Palestinian Authority is walking away again from an opportunity to discuss the future of the region," Jarrod Agen, Pence's deputy chief of staff, said inRead more

US hails end of IS 'vile occupation' in Iraq

Washington - Muslimchronicle

The United States hailed the end of the Islamic State group's "vile occupation" of Iraq Saturday after the Baghdad government declared victory in a three-year war, but warned that jihadists still posed a threat. "The Iraqi announcement signals the last remnants of ISIS's self-proclaimed 'caliphate' in Iraq have been erased and the people living in those areas have been freedRead more