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Northern Star

Northern Illinois University’s student media since 1899

 

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

China virus outbreak chilling recovery for Asian economies

By ELAINE KURTENBACH | February 18, 2020

BANGKOK (AP) — The virus outbreak in China has put South Korea's economy into an "emergency situation," its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe.As many Chinese finally go back...

Trump’s $1.5B uranium bailout triggers rush of mining plans

By BRADY McCOMBS and ELLEN KNICKMEYER | February 14, 2020

SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside...

UK Treasury chief quits as Johnson shakes up Cabinet

By JILL LAWLESS | February 13, 2020

LONDON (AP) — British Prime Minister Boris Johnson tightened his grip on the government Thursday with a Cabinet shake-up that triggered the unexpected resignation of his Treasury chief, the second-most powerful figure in the administration.Sajid Javid's...

Trump says US working on trade deal with Ecuador

February 12, 2020

WASHINGTON (AP) — President Donald Trump said Wednesday that he's working on a trade deal with Ecuador's President Lenin Moreno, who became the first chief of state from the small South American nation in 17 years to meet with an American president...

Businesses struggle to fix supply chains disrupted by virus

By PAUL WISEMAN, ANNE D'INNOCENZIO, and DAVID KOENIG | February 11, 2020

WASHINGTON (AP) — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of paralysis.As the death toll from the newly named COVID-19 illness...

EU chief rejects Johnson’s idea of loose UK trade deal

By SAMUEL PETREQUIN | February 11, 2020

BRUSSELS (AP) — The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc's standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister...

Amid uncertainty, French wine industry puts itself on show

By THOMAS ADAMSON | February 11, 2020

PARIS (AP) — France's big wine industry, shaken by U.S. President Trump’s painful tariff hikes and the threat of climate change, is hoping to re-energize global interest in its products with a big trade fair in Paris.Two thousand winemakers - including...

Iraqi officials: US will grant vital Iran sanctions waiver

By QASSIM ABDUL-ZAHRA and SAMYA KULLAB | February 10, 2020

BAGHDAD (AP) — The United States has signaled to Iraq its willingness to extend sanctions waivers enabling the country to continue importing vital Iranian gas and electricity imports, three Iraqi officials said this week, a move that would be a key...

UK appoints new US diplomat before big year for trade talks

By DANICA KIRKA | February 7, 2020

LONDON (AP) — Britain has appointed Karen Pierce as the country’s new ambassador to the United States , replacing a veteran diplomat whose unvarnished portrayal of the Trump administration led to an embarrassing trans-Atlantic spat.The appointment...

World stock markets retreat ahead of US jobs report

By JOE McDONALD | February 7, 2020

Global stock markets retreated Friday ahead of the monthly U.S. jobs report and after France and Germany reported weak factory data.Investors also continued to monitor the impact on businesses of the virus outbreak in China.Germany's DAX lost 0.6% to...

Asian stock markets retreat after surge on China tariff cut

By JOE McDONALD | February 6, 2020

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports.Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after...

Trump administration to open free-trade talks with Kenya

By DARLENE SUPERVILLE, TOM ODULA, and CARA ANNA | February 6, 2020

WASHINGTON (AP) — The Trump administration announced Thursday that it intends to open free-trade talks with Kenya in pursuit of what would be the first trade agreement between the United States and a nation in sub-Saharan Africa.The announcement followed...