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‘Very smart people’: Trump adviser defends Cain and Moore Fed picks

Larry Kudlow insisted Herman Cain and Stephen Moore are worthy and brushed off questions about their qualifications Donald Trumps controversial picks for the board of the Federal Reserve are very smart people worthy of the honour, a senior economic adviser insisted on Sunday while brushing off questions about the two mens qualifications and past behaviour. To consternation among political opponents of the president and those who monitor the US economy, Trump has floated former Godfathers pizza chief executive Herman Cain and the economic commentator Stephen Moore for the board of…

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Can Jack Ma, Asias richest man, create 1m jobs in the US?

The founder of Alibaba, one of the worlds biggest online retailers, made the promise at a pre-inauguration meeting with Donald Trump Jack Ma was destined to live an ordinary life. He failed the Chinese university entrance exam several times before being accepted by the worst school in Hangzhou, and he was rejected from a dozen jobs even selling chicken at KFC. Ma was ready to settle into a quiet lifeas an English teacher in eastern China, a position with few advancement prospects, when, during a trip to Seattle in 1995…

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US launches probe into aluminium imports, citing security concerns

Trumps commerce chief Wilbur Ross invokes cold war law aimed at protecting high-grade smelting for defence industry The Trump administration has launched an investigation into whether a flood of aluminium imports from China and elsewhere is compromising US national security, a step that could lead to broad import restrictions on the metal. The commerce secretary, Wilbur Ross, said the investigation was similar to one announced last week for steel imports into the US, as he invoked section 232 of a national security law passed in 1962 at the height of…

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