Viet Nam News WASHINGTON — US President Donald Trump appealed to Congress on Tuesday to unite at a moment of deep partisan division as he made the case for a new era of compromise on immigration and security in his State of the Union address. "We can make our communities safer, our families stronger, our culture richer, our faith deeper, and our middle class bigger and more prosperous than ever before," Trump said. "But we must reject the politics of revenge, resistance, and retribution -- and embrace the boundless potential of cooperation, compromise, and the common good. Together, we can break decades of political stalemate." It was the president’s first speech in the House since the Democrats took the lower chamber back in a landslide last year -- leaving Congress split with Trump’s Republicans still in control of the Senate. He was cheered repeatedly by his side during the speech, which lasted around 85 minutes, but was met with stony silence from the … [Read more...] about Trump calls for end to ’revenge’ politics at State of Union
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US sanctions Venezuelan state oil firm, escalating pressure on Maduro
The move aims at severely curbing the OPEC member’s crude exports to the United States and at pressuring socialist President Nicolas Maduro to step down. Minutes before the announcement, Juan Guaido, the Venezuelan opposition leader who proclaimed himself interim president last week with U.S. backing, said congress would name new boards of directors to the company and its U.S. subsidiary, Citgo. Guaido, supported by the United States and most countries in the Western Hemisphere, says Maduro stole his re-election and must resign to allow new, fair polls. Maduro, in a live national broadcast on Monday, accused the United States of trying to steal U.S. refining arm Citgo Petroleum, the OPEC member’s most important foreign asset, which also owns a chain of U.S. gas stations. He said Venezuela would take legal actions in response. Three sources with knowledge of the decision told Reuters that PDVSA had ordered customers with tankers waiting to load Venezuelan crude bound for the … [Read more...] about US sanctions Venezuelan state oil firm, escalating pressure on Maduro
Public administrative units must reduce personnel by 2 percent annually
Illustrative image (Source: VNA) Hanoi (VNA) – Minister of Home Affairs Le Vinh Tan suggested the Prime Minister assign administrative units to reduce personnel by 2 percent per year during a teleconference between the Government and localities on July 2. As they only streamlined 4.8 percent of staff in the past four year so in the next three years, it is necessary to cut down personnel by at least1.8 percent each year to achieve a 10 percent reduction goal in accordance with the Politburo’s Resolution No. 39, he said. The Ministry of Home Affairs (MoHA) will assign personnel quota to ministries, agencies, and localities on July 20, said Tan, adding that the PM should soon issue a decree on amendments and supplements to Decree No.108 on personnel streamline policy. He asked relevant ministries, agencies, and localities to promptly report to the MoHA so that it could offer advice to the Government to deal with the against-regulation personnel appointment, … [Read more...] about Public administrative units must reduce personnel by 2 percent annually
U.S. Treasury chief Mnuchin slams report that Trump wants to exit WTO
U.S. Treasury chief Mnuchin slams report that Trump wants to exit WTOThe Saigon Times Daily U.S. Treasury Secretary Steve Mnuchin in Washington, U.S., May 21, 2018 – PHOTO: REUTERS WASHINGTON (REUTERS) - U.S. Treasury Secretary Steve Mnuchin said on Friday a report by the Axios news website, that cited sources as saying President Donald Trump wanted the United States to withdraw from the World Trade Organization, was wrong. “There’s no breaking news here... it’s not right,” Mnuchin told Fox Business Network, calling the report “fake news.” Axios reported earlier on Friday, citing people who were involved in discussions with the president, that Trump frequently told advisers he wanted the United States to quit the WTO, a move with potentially disastrous implications for global commerce. “This is an exaggeration,” Mnuchin said. “The president has been clear, with us and with others, he has concerns about the WTO, he … [Read more...] about U.S. Treasury chief Mnuchin slams report that Trump wants to exit WTO
US Treasury considers emergency powers on Chinese investments: official
By Reuters  April 20, 2018 | 08:04 am GMT+7 A China yuan note is seen in this illustration photo, May 31, 2017. Photo by Reuters/Thomas White The efforts are part of Trump's intellectual property remedies, which include China-specific investment restrictions. The U.S. Treasury is considering ways to restrict sensitive Chinese investments in the United States by invoking an emergency powers law and bringing forward some security review reforms for corporate acquisitions, a senior Treasury official said Thursday. Heath Tarbert, Assistant Secretary for International Markets and Investment, told an Institute of International Finance Forum that those efforts were part of the Trump administration’s “Section 301” intellectual property remedies, which include China-specific investment restrictions. Asked about reports that the Treasury may bring forward parts of a bill to modernize Committee on Foreign Investment in the United States security … [Read more...] about US Treasury considers emergency powers on Chinese investments: official