Monday, May 29, 2017

Indian PM kicks off Europe tour in powerhouse Germany

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Indian PM kicks off Europe tour in powerhouse Germany

Indian PM kicks off Europe tour in powerhouse GermanyIndian Prime Minister Narendra Modi meets German Chancellor Angela Merkel for joint cabinet talks in Berlin Tuesday as the Asian population giant and Europe's top economy seek to deepen ties. Merkel has long cultivated strategic relations with the world's biggest democracy and rival Asian power to China, whose Prime Minister Li Keqiang will also visit Berlin this week. Merkel often stresses that Germany and the European Union must compete with the new emerging economic giants, and on Sunday she said that Germany can no longer completely depend on traditional allies the United States and Britain in the age of President Donald Trump and Brexit.


Japan household spending sags again in April

Japan household spending sags again in AprilJapanese household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending. The fresh data attests to what analysts believe is a broader picture of the world's third largest economy -- it is picking up steam overall but tepid consumption continues to act as a drag. Japan's prospects have been improving on the back of strong exports, with investments linked to the Tokyo 2020 Olympics also giving the economy a shot in the arm.


Portland mayor aims to nix free-speech rally, fears 'hatred'

Portland mayor aims to nix free-speech rally, fears 'hatred'The mayor of Portland, Oregon, on Monday urged U.S. officials and organizers to cancel a "Trump Free Speech Rally" and other similar events, saying they are inappropriate and could be dangerous after two men were stabbed to death on a train as they tried to help a pair of young women targeted by an anti-Muslim tirade.


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