Friday, 22 November 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Trump Cancels Plan to Hold G-7 at His Miami Golf Club
Monday, 21 October 2019 10:30 WIB | GLOBAL |Global

In a series of Tweets Saturday night U.S. President Donald Trump said he was canceling plans to hold the 2020 G-7 summit at a golf resort he owns in Miami, Florida.

The U.S. president last week had confirmed plans to hold the annual summit at the Trump National Doral, but his plans had drawn wide condemnation from political opponents and some Republicans, who said the president would benefit financially from holding it there.

He blamed the U.S. national media and Democrats for opposing the Doral site for the meeting of the leaders of the West's leading economies. 

œI thought I was doing something very good for our Country by using Trump National Doral, in Miami, for hosting the G-7 Leaders," Trump tweeted. "It is big, grand, on hundreds of acres, next to MIAMI INTERNATIONAL AIRPORT, has tremendous ballrooms & meeting rooms, and each delegation would have its own 50 to 70 unit building. Would set up better than other alternatives. I announced that I would be willing to do it at NO PROFIT or, if legally permissible, at ZERO COST to the USA. But, as usual, the Hostile Media & their Democrat Partners went CRAZY!

Some members of Trumps own party had also criticized the plan.

Trump tweeted that other U.S. sites for the 2020 summit will now be considered, possibly including Camp David, the presidential retreat in Maryland outside Washington. 

Acting White House chief of staff Mick Mulvaney told the "Fox News Sunday" talk show that Trump, who controls a global real estate empire that includes luxury hotels, made the original decision for Doral because "at the end of the day he still considers himself to be in the hospitality business." 

Source : VOA

RELATED NEWS
US Congress Approves Hong Kong Pro-Democracy Bills...
Friday, 22 November 2019 10:50 WIB

The U.S. Congress approved two bills Thursday to support pro-democracy demonstrators in Hong Kong after months of unrest in the semi-autonomous city. The House overwhelmingly passed the Hong Kong Hum...

China Bats Away Rumors, Says Trade Talks With US Continue...
Thursday, 21 November 2019 23:32 WIB

China is working to resolve conflicts with Washington over trade, a Commerce Ministry official said Thursday, dismissing speculation the talks might be in trouble as inaccurate "rumors." Ministry spo...

Iran's Internet Shutdown Extends to 5th Day, Further Harming Economy...
Thursday, 21 November 2019 17:59 WIB

London-based Internet monitoring group NetBlocks posted a tweet early Thursday in Iran, saying the "near-total" Internet shutdown had surpassed 100 hours since it began late Saturday. "Digital rights...

Trump Considering Whether Apple Should be Exempt From China Tariffs...
Thursday, 21 November 2019 10:59 WIB

President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc computers that he was considering whether to exempt the U.S. company from tariffs on imports from China. "We're...

Senate Passes Bill to Support Human Rights in Hong Kong...
Wednesday, 20 November 2019 23:58 WIB

The Senate has easily approved a bill to support human rights in Hong Kong following months of often-violent unrest in the semi-autonomous Chinese city. The Hong Kong Human Rights and Democracy Act w...

LATEST NEWS
U.K. Service PMI Falls in November to Worst Reading in 40 Months

The flash reading of the IHS Markit/CIPS flash U.K. services purchasing managers index fell to a 40-month low in November of 48.6, from 50 in October. The manufacturing PMI meanwhile slipped to a two-month low of 48.3 versus 49.6 in October. "The...

Gold Steadies as U.S.-China Trade Issue in Focus

Gold steadied as investors weighed a week of contrasting reports on the U.S.-China trade issue. Spot gold +0.2% to $1,467.93/oz at 7:33am in London; -0.5% Thursday. Price little changed this week. Bloomberg Dollar Spot Index +0.2%...

Eurozone flash manufacturing PMI limps up to 3-month high in November

The flash reading of the eurozone manufacturing purchasing managers index rose to a 3-month high of 46.6 in November, up from 45.9 in October. The PMI was slightly above the FactSet-compiled economist consensus for a 46.4 consensus, but below the...

POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal
Wednesday, 20 November 2019 03:42 WIB

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the...

Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes
Thursday, 21 November 2019 02:24 WIB

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a...

Gold Prices Fall to Lowest Settlement in Over a Week
Friday, 22 November 2019 02:08 WIB

Gold prices fell on Thursday to mark their lowest settlement in just over a week. "Gold's sensitivity to trade-deal headlines seems to be easing...

Gold Gains as Souring US-China Relations Dent Risk Appetite
Wednesday, 20 November 2019 19:23 WIB

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal...