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Trump Threatens To Cut Foreign Financial Aid Over Upcoming UN Jerusalem Vote

Trump Threatens To Cut Foreign Financial Aid Over Upcoming UN Jerusalem Vote

As the United Nations general assembly is set to hold a rare emergency session on Thursday to consider a resolution condemning President Trump's recent controversial move to recognize Jerusalem as the Israeli capital, American Ambassador to the UN Nikki Haley is lashing out, telling member countries that "the US will be taking names".

ZAR Tumbles As South Africa's ANC "Decides" To Nationalize Central Bank, Confiscate Land

ZAR Tumbles As South Africa's ANC "Decides" To Nationalize Central Bank, Confiscate Land

South Africa’s ruling African National Congress gushed a double whammy of capital-flight-creating rulings this afternoon. The Rand is tumbling on Bloomberg headlines that the ANC is said to seek constitutional changes for land expropriation (from whites) without compensation, but perhaps even more worrisome, the ruling party has decided that the Reserve Bank must be wholly owned by the state:

Trump May Delay Signing Tax Bill Until Early Next Year

As the House prepares to hold its second vote on the final version of the Republican tax plan, Fox Business and Dow Jones Newswires are reporting that President Donald Trump might wait until early next year to sign the bill once it reaches his desk. His reason? By delaying the signing, Trump would effectively push certain spending cuts to programs like Medicare until 2019.

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