‘It is impossible’ for US-Russia relations to improve while sanctions are in place, Deripaska says

Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.” “If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CN


Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.” “If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CN
‘It is impossible’ for US-Russia relations to improve while sanctions are in place, Deripaska says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: sam meredith, natasha turak
Keywords: news, cnbc, companies, place, impossible, way, improve, treasury, deripaska, flexing, muscle, sanctions, russian, wider, moscow, relations, west, usrussia


'It is impossible' for US-Russia relations to improve while sanctions are in place, Deripaska says

Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship.

Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.”

“If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CNBC’s Geoff Cutmore during an exclusive interview in Moscow. “In the heart of the Russian people, I think there is room to go and start a new page but the problem is all of this muscle flexing from both sides.”

Deripaska on Friday filed a lawsuit against the U.S. Treasury Department to lift the sanctions it placed on him last year as part of a wider retaliation for Russian interference in the U.S. election and what the Treasury described as its “malign activity around the globe.”


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: sam meredith, natasha turak
Keywords: news, cnbc, companies, place, impossible, way, improve, treasury, deripaska, flexing, muscle, sanctions, russian, wider, moscow, relations, west, usrussia


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South Korea’s Moon replaces unification minister to improve ties with Pyongyang

South Korean President Moon Jae-in has replaced his unification minister who played a major role in last year’s detente with the North, his office said on Friday, and named a longtime confidant to lead Moon’s drive for “a new Korean peninsula.” Kim Yeon-chul, a pro-engagement scholar who heads the state-run Korea Institute for National Unification, will replace Cho Myoung-gyon pending a confirmation hearing. The appointment of Kim Yeon-chul, a staunch backer of Korean reconciliation, may further


South Korean President Moon Jae-in has replaced his unification minister who played a major role in last year’s detente with the North, his office said on Friday, and named a longtime confidant to lead Moon’s drive for “a new Korean peninsula.” Kim Yeon-chul, a pro-engagement scholar who heads the state-run Korea Institute for National Unification, will replace Cho Myoung-gyon pending a confirmation hearing. The appointment of Kim Yeon-chul, a staunch backer of Korean reconciliation, may further
South Korea’s Moon replaces unification minister to improve ties with Pyongyang Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: pyeongyang press corps pool, getty images
Keywords: news, cnbc, companies, minister, sanctions, korean, improve, ties, moons, moon, pyongyang, unification, replaces, north, summit, factory, koreas, south, office


South Korea's Moon replaces unification minister to improve ties with Pyongyang

South Korean President Moon Jae-in has replaced his unification minister who played a major role in last year’s detente with the North, his office said on Friday, and named a longtime confidant to lead Moon’s drive for “a new Korean peninsula.”

Kim Yeon-chul, a pro-engagement scholar who heads the state-run Korea Institute for National Unification, will replace Cho Myoung-gyon pending a confirmation hearing.

“He’s the right man who can actively embody the president’s vision for a new Korean peninsula, a new peace and cooperation community, by carrying out the Unification Ministry’s main policy tasks without a hitch and implementing inter-Korean agreements in a speedy manner,” Moon’s spokesman told a news briefing.

The change was part of Moon’s largest cabinet reshuffle since taking office in 2017, with new ministers for the interior, land and transportation, culture and sport, oceans and fisheries, science and technology, and small and medium enterprises.

The shake-up allows incumbent aides to run in parliamentary elections next year, analysts said, and turns a page for an administration facing a sluggish economy and sagging popularity.

The removal of Cho, who has yet to say if he will enter politics, comes a week after the second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un failed to narrow their differences on dismantling the North’s nuclear programme and U.S. willingness to ease sanctions.

The failed summit was a blow for Moon, who had hoped U.S. sanctions relief would boost South-North projects including a factory park, tourism zone and railway network.

Ahead of the Hanoi summit, a rift opened within Moon’s administration over how to advance Korean ties without undercutting international sanctions and the alliance with the United States.

Some top aides, including national security adviser Chung Eui-yong, had pushed for the economic projects to go ahead. Cho and other aides favoured sticking to Trump’s “maximum pressure” campaign to force the North’s denuclearisation.

Cho’s advocacy of strict sanctions enforcement surprised — and drew complaints from — many officials.

The appointment of Kim Yeon-chul, a staunch backer of Korean reconciliation, may further improve ties with the North, officials said.

It could also signal deeper divisions within Moon’s government, some analysts said, and fuel U.S. concerns that the South may be moving too quickly with the North.

Kim, 55, is a North Korea studies professor and adviser to a previous administration in which Moon also served.

More recently, he advised Moon’s office on Korean summits before moving to head the think tank affiliated with the Unification Ministry.

Kim was a vocal critic of the 2016 decision to close the Kaesong factory after Seoul’s then-conservative government said the North had diverted wages paid to its workers by South Korean firms to bankroll its weapons programmes.

A private panel appointed by the Unification Ministry under Moon said there was no evidence to back up that charge, and Kim has since called for the factory to reopen.

The factory, alongside a railway and tourism project, are important parts of Moon’s initiative to build a pan-peninsula economic community which he has said will also benefit South Korea’s economy.


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: pyeongyang press corps pool, getty images
Keywords: news, cnbc, companies, minister, sanctions, korean, improve, ties, moons, moon, pyongyang, unification, replaces, north, summit, factory, koreas, south, office


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5G could improve access to health care in a ‘dramatic way’: Cisco

5G could improve access to health care in a ‘dramatic way’: Cisco3 Hours AgoGuy Diedrich of Cisco addresses concerns about radiation from 5G technologies and discusses cybersecurity threats.


5G could improve access to health care in a ‘dramatic way’: Cisco3 Hours AgoGuy Diedrich of Cisco addresses concerns about radiation from 5G technologies and discusses cybersecurity threats.
5G could improve access to health care in a ‘dramatic way’: Cisco Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-04
Keywords: news, cnbc, companies, health, way, access, radiation, discusses, dramatic, 5g, improve, cisco, care, hours, technologies, threats


5G could improve access to health care in a 'dramatic way': Cisco

5G could improve access to health care in a ‘dramatic way’: Cisco

3 Hours Ago

Guy Diedrich of Cisco addresses concerns about radiation from 5G technologies and discusses cybersecurity threats.


Company: cnbc, Activity: cnbc, Date: 2019-03-04
Keywords: news, cnbc, companies, health, way, access, radiation, discusses, dramatic, 5g, improve, cisco, care, hours, technologies, threats


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The Fed is about to start public sessions on how it can improve policy

Federal Reserve officials will be hitting the road soon to learn how best to achieve their policy objectives and to communicate those moves to the public. Starting Monday in Dallas, the central bank will hold a series of “Fed Listens” events aimed at getting input from business leaders, community development pros and academics. Ultimately, the Fed plans to gather recommendations in a report to be presented in the first half of 2020. “The economy is constantly evolving, bringing with it new polic


Federal Reserve officials will be hitting the road soon to learn how best to achieve their policy objectives and to communicate those moves to the public. Starting Monday in Dallas, the central bank will hold a series of “Fed Listens” events aimed at getting input from business leaders, community development pros and academics. Ultimately, the Fed plans to gather recommendations in a report to be presented in the first half of 2020. “The economy is constantly evolving, bringing with it new polic
The Fed is about to start public sessions on how it can improve policy Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: jeff cox
Keywords: news, cnbc, companies, aimed, inflation, policy, officials, objectives, sessions, policies, economy, improve, fed, series, public, start, future


The Fed is about to start public sessions on how it can improve policy

Federal Reserve officials will be hitting the road soon to learn how best to achieve their policy objectives and to communicate those moves to the public.

Starting Monday in Dallas, the central bank will hold a series of “Fed Listens” events aimed at getting input from business leaders, community development pros and academics.

There will be another session in Minneapolis in April then others at various venues around the country through rest of the year. Ultimately, the Fed plans to gather recommendations in a report to be presented in the first half of 2020.

“The economy is constantly evolving, bringing with it new policy challenges. So it makes sense for us to remain open minded as we assess current practices and consider ideas that could potentially enhance our ability to deliver on the goals the Congress has assigned us,” Fed Vice Chairman Richard Clarida said during a speech Friday in New York.

The comments come amid discussions about how the central bank can react to future downturns with its experience from the financial crisis in mind.

As the U.S. economy faced its worst danger since the Great Depression, the Fed responded with unprecedented aggressiveness: slashing its benchmark interest rate to near-zero, conducting a series of asset purchases that blew up its balance sheet to more than $4.5 trillion, and implementing several other measures aimed at pushing the economy out of its slump.

One area where those policies have come up short is in generating what officials consider a healthy level of inflation, which has stayed persistently below the Fed’s 2 percent target through the recovery.

Clarida said developing strategies to raise inflation expectations will be part of the review. In addition, he said the sessions will focus on labor market questions, other policies the Fed could use in the future as well as global issues and financial stability considerations.

“What I can say is that any refinements or more material changes to our framework that we might make will be aimed solely at enhancing our ability to achieve and sustain our dual-mandate objectives in the world we live in today,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: jeff cox
Keywords: news, cnbc, companies, aimed, inflation, policy, officials, objectives, sessions, policies, economy, improve, fed, series, public, start, future


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Putin wants mortgage relief and cash to people with more children

Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children. Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. “The principle should be very simple — the more children you have the less tax you should pay,” said Putin. Land ownership up to 600 square meters would also be completely free of taxes. Families with three or more chil


Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children. Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. “The principle should be very simple — the more children you have the less tax you should pay,” said Putin. Land ownership up to 600 square meters would also be completely free of taxes. Families with three or more chil
Putin wants mortgage relief and cash to people with more children Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: david reid, mimi haddon, photodisc, getty images, alexander nemenov, afp
Keywords: news, cnbc, companies, putin, wants, rubles, improve, families, relief, mortgage, tax, pay, cash, meters, used, square, russian, children


Putin wants mortgage relief and cash to people with more children

Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children.

Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. Focusing on families, the leader said the first way to improve incomes was to reduce to the tax burden.

“The principle should be very simple — the more children you have the less tax you should pay,” said Putin.

The Russian strongman told the audience that he wanted to remove 5 square meters of taxable area from a family’s residential property for every child that they have. Land ownership up to 600 square meters would also be completely free of taxes.

Families with three or more children will also get one-time 450,000 rubles ($6,840) payment to help trim their mortgages.

“If we add this to the maternity benefit fund which can also be used to pay mortgages, that’s 900,000 rubles and in many areas of Russia that will be a substantial amount to housing costs,” said Putin.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: david reid, mimi haddon, photodisc, getty images, alexander nemenov, afp
Keywords: news, cnbc, companies, putin, wants, rubles, improve, families, relief, mortgage, tax, pay, cash, meters, used, square, russian, children


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Putin wants mortgage relief and cash to people with more children

Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children. Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. “The principle should be very simple — the more children you have the less tax you should pay,” said Putin. Land ownership up to 600 square meters would also be completely free of taxes. Families with three or more chil


Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children. Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. “The principle should be very simple — the more children you have the less tax you should pay,” said Putin. Land ownership up to 600 square meters would also be completely free of taxes. Families with three or more chil
Putin wants mortgage relief and cash to people with more children Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: david reid, mimi haddon, photodisc, getty images, alexander nemenov, afp
Keywords: news, cnbc, companies, cash, relief, rubles, children, putin, russian, wants, square, tax, mortgage, meters, pay, used, improve, families


Putin wants mortgage relief and cash to people with more children

Russian President Vladimir Putin has promised tax breaks, mortgage relief and hard cash to support Russian families who produce more children.

Putin used his televised State of the Nation address on Wednesday to outline several measures he claimed would improve living conditions. Focusing on families, the leader said the first way to improve incomes was to reduce to the tax burden.

“The principle should be very simple — the more children you have the less tax you should pay,” said Putin.

The Russian strongman told the audience that he wanted to remove 5 square meters of taxable area from a family’s residential property for every child that they have. Land ownership up to 600 square meters would also be completely free of taxes.

Families with three or more children will also get one-time 450,000 rubles ($6,840) payment to help trim their mortgages.

“If we add this to the maternity benefit fund which can also be used to pay mortgages, that’s 900,000 rubles and in many areas of Russia that will be a substantial amount to housing costs,” said Putin.


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: david reid, mimi haddon, photodisc, getty images, alexander nemenov, afp
Keywords: news, cnbc, companies, cash, relief, rubles, children, putin, russian, wants, square, tax, mortgage, meters, pay, used, improve, families


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Mastering these 5 skills will be key to career growth, according to LinkedIn

Young people are more optimistic than any other generation about their career prospects and the opportunities that lie ahead, despite the growing threat of job disruption. That’s according to a new study from professional services site LinkedIn, which found that the majority (52 percent) of people aged 18 to 29 are hopeful that the employment landscape will improve over the coming years. Just two-thirds (41 percent) of those aged 50 to 60 say they think their career prospects would improve this


Young people are more optimistic than any other generation about their career prospects and the opportunities that lie ahead, despite the growing threat of job disruption. That’s according to a new study from professional services site LinkedIn, which found that the majority (52 percent) of people aged 18 to 29 are hopeful that the employment landscape will improve over the coming years. Just two-thirds (41 percent) of those aged 50 to 60 say they think their career prospects would improve this
Mastering these 5 skills will be key to career growth, according to LinkedIn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: karen gilchrist, klaus vedfelt, taxi, getty images
Keywords: news, cnbc, companies, according, older, growth, skills, key, improve, asia, young, findings, career, prospects, aged, mastering, landscape, pacific, linkedin


Mastering these 5 skills will be key to career growth, according to LinkedIn

Young people are more optimistic than any other generation about their career prospects and the opportunities that lie ahead, despite the growing threat of job disruption.

That’s according to a new study from professional services site LinkedIn, which found that the majority (52 percent) of people aged 18 to 29 are hopeful that the employment landscape will improve over the coming years.

The findings, which are based on a survey of over 11,000 people in nine countries across Asia Pacific, point to greater caution among older workers, who believe they will be adversely affected by the shifting jobs landscape. Just two-thirds (41 percent) of those aged 50 to 60 say they think their career prospects would improve this year. China was the only exception to that, with optimism at its greatest among older generations.

The findings reflect the wider uncertainties surrounding technology’s impact on the workforce, said Roger Pua, LinkedIn’s senior director of brand marketing and communications for Asia Pacific. However, he noted that employees of all ages can better prepare themselves by focusing on five key work skills.


Company: cnbc, Activity: cnbc, Date: 2019-02-14  Authors: karen gilchrist, klaus vedfelt, taxi, getty images
Keywords: news, cnbc, companies, according, older, growth, skills, key, improve, asia, young, findings, career, prospects, aged, mastering, landscape, pacific, linkedin


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Oracle on how cloud software can improve data security

Oracle on how cloud software can improve data security6 Hours AgoPaolo Maraziti of Oracle discusses the three main benefits of using cloud software. He says such technology is affordable, secure and gives users access to innovation.


Oracle on how cloud software can improve data security6 Hours AgoPaolo Maraziti of Oracle discusses the three main benefits of using cloud software. He says such technology is affordable, secure and gives users access to innovation.
Oracle on how cloud software can improve data security Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-26
Keywords: news, cnbc, companies, using, security6, improve, secure, cloud, software, data, main, maraziti, technology, security, oracle, users


Oracle on how cloud software can improve data security

Oracle on how cloud software can improve data security

6 Hours Ago

Paolo Maraziti of Oracle discusses the three main benefits of using cloud software. He says such technology is affordable, secure and gives users access to innovation.


Company: cnbc, Activity: cnbc, Date: 2018-12-26
Keywords: news, cnbc, companies, using, security6, improve, secure, cloud, software, data, main, maraziti, technology, security, oracle, users


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A deeper correction may be needed before markets improve: Jim Paulsen

The market sell-off is likely to continue and could get worse before it gets better, Wall Street veteran Jim Paulsen told CNBC. The chief investment strategist at The Leuthold Group said the stock market is torn between dueling issues: continuing concerns that the economy is overheating and now what he calls a “stagflation mindset.” Stagflation has been defined as a rare economic phenomenon of inflation, a drop in business activity, and a rise in unemployment. Last month Paulsen said that invest


The market sell-off is likely to continue and could get worse before it gets better, Wall Street veteran Jim Paulsen told CNBC. The chief investment strategist at The Leuthold Group said the stock market is torn between dueling issues: continuing concerns that the economy is overheating and now what he calls a “stagflation mindset.” Stagflation has been defined as a rare economic phenomenon of inflation, a drop in business activity, and a rise in unemployment. Last month Paulsen said that invest
A deeper correction may be needed before markets improve: Jim Paulsen Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: tyler clifford
Keywords: news, cnbc, companies, recession, economic, paulsen, weve, needed, stagflation, selloff, jim, stock, market, markets, deeper, improve, rise, correction, think


A deeper correction may be needed before markets improve: Jim Paulsen

The market sell-off is likely to continue and could get worse before it gets better, Wall Street veteran Jim Paulsen told CNBC.

The chief investment strategist at The Leuthold Group said the stock market is torn between dueling issues: continuing concerns that the economy is overheating and now what he calls a “stagflation mindset.” Stagflation has been defined as a rare economic phenomenon of inflation, a drop in business activity, and a rise in unemployment.

“What we got is escalating fears of recession, but at the same time we’re still dealing with overheat pressures,” Paulsen said Wednesday on “Closing Bell.” “And I think we’re going to have to kill off concerns about inflation, and that probably means a deeper correction and even weaker economic growth before this bull can continue.”

Investors sold stocks Wednesday after the Fed approved a quarter-point rise interest rate hike. The major indexes all closed at their lows for the year. The sell-off continued Thursday as equities were down midmorning, with the Dow off more than 100 points.

Last month Paulsen said that investors would be more pessimistic about a recession when the stock market reaches a bottom.

A CNBC Fed Survey this month illustrated that economists, fund managers and strategists are growing more worried about economic growth and that a recession could come next year. Chief financial officers are gradually picking up on those fears as well.

“I think the central problem is not that we’ve had overheat issues, we’ve had those all year … [and] we had a good economy to offset them,” Paulsen said. “This is the first time in the recovery that we have had worries, in my view, about [stagflation] … and when you have a stagflation mindset in the stock market, it’s a tough path for the bull.”


Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: tyler clifford
Keywords: news, cnbc, companies, recession, economic, paulsen, weve, needed, stagflation, selloff, jim, stock, market, markets, deeper, improve, rise, correction, think


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China’s first web-only bank hopes A.I. and robots can improve customer service

China’s first web-only bank hopes artificial intelligence can improve customer service through the use of virtual robots powered by technologies such as facial recognition, speech recognition and natural language processing. AI is “there only to improve human services,” Yang Qiang, an AI consultant at Tencent’s WeBank, told CNBC’s Arjun Kharpal at the East Tech West conference in the Nansha district of Guangzhou, China. “Automated service is not an enemy to human services,” he said. In addition,


China’s first web-only bank hopes artificial intelligence can improve customer service through the use of virtual robots powered by technologies such as facial recognition, speech recognition and natural language processing. AI is “there only to improve human services,” Yang Qiang, an AI consultant at Tencent’s WeBank, told CNBC’s Arjun Kharpal at the East Tech West conference in the Nansha district of Guangzhou, China. “Automated service is not an enemy to human services,” he said. In addition,
China’s first web-only bank hopes A.I. and robots can improve customer service Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: eustance huang, -yang qiang, ai consultant at webank
Keywords: news, cnbc, companies, west, service, chinas, bank, ai, yang, work, recognition, robots, improve, human, services, customer, webonly, hopes


China's first web-only bank hopes A.I. and robots can improve customer service

China’s first web-only bank hopes artificial intelligence can improve customer service through the use of virtual robots powered by technologies such as facial recognition, speech recognition and natural language processing.

AI is “there only to improve human services,” Yang Qiang, an AI consultant at Tencent’s WeBank, told CNBC’s Arjun Kharpal at the East Tech West conference in the Nansha district of Guangzhou, China.

“Automated service is not an enemy to human services,” he said. “They should work side by side.”

In addition, advances in technology create possibilities for greater efficiencies in traditional bank roles such as processing loan applications, risk analysis and offering personalized service, he said.

“Banking, traditionally, was passive in a sense that … there is an office and people walk in and get services and only the VIP get(s) the best services,” Yang said.


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: eustance huang, -yang qiang, ai consultant at webank
Keywords: news, cnbc, companies, west, service, chinas, bank, ai, yang, work, recognition, robots, improve, human, services, customer, webonly, hopes


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