United States Steel would like to accelerate its investments and hire back laid-off employees now that Donald Trump will be occupying the Oval Office, CEO Mario Longhi told CNBC on Wednesday.
“We already structured to do some things, but when you see in the near future improvement to the tax laws, improvements to regulation, those two things by themselves may be a significant driver to what we’re going to do,” he said in an interview with CNBC’s “Power Lunch.”
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Time For Truth: (CNBC) – US Steel wants to accelerate investments, bring back jobs, CEO says
Huge rallies have been held across South Korea for what are thought to be the largest protests so far demanding President Park Geun-hye steps down.
Ms Park is accused of allowing her friend, Choi Soon-sil, to manipulate power from behind the scenes.
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Time For Truth: (BBC News) – S Korea sees largest protests against President Park Geun-hye
Theresa May finally got her surveillance powers through the U.K. parliament — and with it, she has a whole new problem to overcome in the U.K.’s split from Europe.
Westminster gave a green light to the Investigatory Powers Bill on Wednesday, granting government security services wide-ranging powers to monitor people’s phones and computers.
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Time For Truth: (Politico) – Why EU may battle May over the Snooper’s Charter
If a U.S. administration of Donald Trump withdraws troops and equipment from South Korea and secures a peace treaty ending war on the peninsula, it could lead to normalizing relations with North Korea, a Pyongyang envoy told Reuters on Thursday.
But for now North Korea will pursue its policy of “simultaneous development” of both its nuclear program and the economy, So Se Pyong, North Korea’s Ambassador to the U.N. in Geneva said. “It will be continued.”
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Time For Truth: (Reuters) – North Korea says could renew ties with U.S. under Trump if troops go
The greatest trick Donald Trump pulled was convincing voters he’d be “anti-establishment.”
Well, maybe not the greatest trick. But in a campaign full of cons, it has to rank close to the top. This was near the heart of Trump’s appeal to the disaffected and disempowered: Send me to Washington, and that “establishment” you’ve been hearing so much about? We’ll blow it up, send it packing, punch it right in the face, and when it’s over the government will finally be working for you again. And the people who voted for Trump bought it. After all, he’s no politician, right? He’s an outsider, a glass-breaker, a guy who can cut out the bull and get things done. Right?
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Time For Truth: (The Washington Post) – If you voted for Trump because he’s ‘anti-establishment,’ guess what: You got conned