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U.S. envoy aims to end Iran oil exports without price spike

WASHINGTON (Reuters) - The United States is determined to push Iranian oil exports to zero, U.S. Special Representative Brian Hook said on Wednesday, through a ‘calibrated’ approach using maximum economic pressure without lifting oil prices. FILE PHOTO: A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, 300km (186 miles) east of the Strait of Hormuz January 17, 2012. REUTERS/Raheb Homavandi/File Photo The United States resumed sanctions on Iran’s oil, shipping and banking industries on Monday after President Donald Trump pulled out of a 2015 nuclear deal earlier this year. It granted temporary exemptions to…

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The Shift: Facebook Had a Good Election Day. But It Can’t Let Up Now.

After an Election Day largely free of viral social media misinformation, and with little trace of the kind of Russian troll stampede that hit its platform in 2016, executives at Facebook may be tempted to take a victory lap.That would be a mistake.It’s true that Facebook and other social media companies have made strides toward cleaning up their services in the last two years. The relative calm we saw on social media on Tuesday is evidence that, at least for one day, in one country, the forces of chaos on these platforms can be contained.But more than anything, this year’s midterm election cycle has exposed just how…

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More candidates, more money and a big bet: How Democrats won the House

WASHINGTON (Reuters) - “Expand the battlefield.” FILE PHOTO: US Democratic congressional candidate Mikie Sherrill (C) speaks with people as she campaigns during the New Jersey State Fair in Augusta, New Jersey, U.S., August 12, 2018. Picture taken on August 12, 2018. REUTERS/Eduardo Munoz/File PhotoThe Democrats’ mantra for seizing control of the U.S. House of Representatives took shape within weeks of President Donald Trump’s stunning 2016 White House victory. Democratic strategists wanted to go beyond the traditional strategy of flipping Republican seats in swing districts. Now, they would also compete in more conservative areas, forcing Republicans to burn resources defending seats they considered safe. It meant rolling the…

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Republican declares Georgia governor win, Democrat does not concede

(Reuters) - Republican Brian Kemp’s campaign said on Wednesday he had won Georgia’s high-profile governor’s race, but Democratic candidate Stacey Abrams vowed not to concede until all ballots were counted. “Simply put, it is mathematically impossible for Stacey Abrams to win or force a run-off election,” Kemp spokesman Cody Hall said in a statement Wednesday evening. “Brian Kemp will now begin his transition as governor-elect of Georgia.” Abrams, 44, is trying to become the first black woman elected governor of a U.S. state. Unofficial results from Tuesday’s election showed Kemp leading by more than 60,000 votes and just over the 50 percent threshold he needs to avoid…

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Democrats to push for big infrastructure bill with ‘real money’ in 2019

WASHINGTON (Reuters) - The incoming head of the U.S. House Transportation and Infrastructure Committee wants the White House to back significant additional federal funds to rebuild crumbling U.S. roads, bridges and airports, as President Donald Trump suggested on Wednesday a deal could be had. FILEPHOTO: Ranking Member of the House Committee on Transportation and Infrastructure Peter DeFazio (D-OR) speaks at a committee hearing on "Oversight of U.S. Airline Customer Service," in the aftermath of the recent forced removal of a passenger from a Chicago flight at the U.S. Capitol in Washington, D.C., U.S., May 2, 2017. REUTERS/Kevin Lamarque/File PhotoA Trump administration plan unveiled in February 2017 designed…

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Factbox: Democrats pick up net 29 seats in U.S. House, with some races still outstanding

Nov 7 (Reuters) - U.S. voters went to the polls in congressional elections on Tuesday for all 435 seats of the House of Representatives. The U.S. Capitol dome is reflected in the glass skylight of the Capitol Visitor Center in Washington, U.S., on midterm election day, November 6, 2018. REUTERS/James Lawler DugganThe Democratic Party needed to pick up 23 seats to wrest control of the chamber from the Republican Party. With some races still to be called on Wednesday, the Democrats had picked up a net 29 seats, more than enough to take control. The following is the latest tally of seats that will change parties, based…

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After Protest, Booksellers Are Victorious Against Amazon Subsidiary

SAN FRANCISCO — A worldwide strike by antiquarian booksellers against an Amazon subsidiary proved successful after two days, with the retailer apologizing and saying it would cancel the actions that prompted the protest.It was a rare concerted uprising against any part of Amazon by any of its millions of suppliers, leading to an even rarer capitulation. Even the book dealers said they were surprised at the sudden reversal by AbeBooks, the company’s secondhand and rare bookselling network.The uprising, which involved nearly 600 booksellers in 27 countries removing about four million books, was set off by the retailer’s decision to cut off stores in five countries: the Czech…

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Trump fires Sessions, vows to fight Democrats if they launch probes

WASHINGTON (Reuters) - President Donald Trump on Wednesday forced out Attorney General Jeff Sessions a day after congressional elections, and vowed to fight if the U.S. House of Representatives’ new Democratic majority launches probes into his administration. Sessions - an early Trump supporter who ran afoul of the president by recusing himself from an investigation into Russian meddling in the 2016 White House campaign - said in a letter to Trump that he had submitted his resignation “at your request.” The 71-year-old former U.S. senator was informed on Wednesday morning by White House Chief of Staff John Kelly in a phone call that it was time to…

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Global stocks rise after U.S. vote splits power; dollar slips

NEW YORK (Reuters) - Most major stock markets rose on Wednesday, led by a strong rally on Wall Street, after the outcome of the U.S. midterm congressional elections drove expectations of political gridlock in Washington, boosting risk assets and weighing on the dollar. Tuesday’s vote delivered a split U.S. Congress, with Democrats seizing control of the House of Representatives and Republicans strengthening their majority in the Senate. U.S. oil prices fell after U.S. crude output hit another record high. While gridlock could hamper President Donald Trump’s political and economic agenda, few analysts expect a reversal of the tax cuts and financial deregulation measures that have already been…

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‘You’re fired!’: how Trump has dismissed White House staff

WASHINGTON (Reuters) - Before he became U.S. president, Donald Trump was famous for dismissing contestants on his television show “The Apprentice” with a resounding “You’re fired!” U.S. President Donald Trump points to a questioner during a news conference following Tuesday's midterm congressional elections at the White House in Washington, U.S., November 7, 2018. REUTERS/Kevin LamarqueBut at the White House, he has often outsourced the job of booting employees to his chief of staff - and then announced the departures via Twitter. On Wednesday, he tweeted that Attorney General Jeff Sessions was out. Sessions is the latest in a series of people to leave Trump’s administration. JAMES COMEY,…

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