“Trump is quite easy to buy off”: how Trump is putting American foreign policy up for sale

Want to understand Trump’s foreign policy? Just follow the money. In Donald Trump’s America, what drives foreign policy decision-making in Washington isn’t interests and values — it’s cash and ego. And other countries have noticed. Want the US to stop criticizing your terrible human rights record? Dangle a possible trade deal. Want the Trump administration to give you a pass on the gruesome assassination of a prominent critic of your brutal regime? A few billion…

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SBI reduces MCLR but that may not benefit all home loan borrowers

SBI has reduced its MCLR by 5 bps across all tenors with one-year MCLR coming down from 8.45% to 8.40%, effective 10 July.If you have a home loan from a NBFC or a bank that charges a significant spread over MCLR, then you can look for a cheaper home loan Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial…

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The Giving Pledge, the campaign to change billionaire philanthropy, explained

Bill Gates and Warren Buffett set out to get the rich to give more. Here’s what happened. Ten years ago — in May 2009 — billionaire philanthropists Bill Gates and Warren Buffett held a private dinner meeting with fellow billionaires in New York City. Oprah reportedly attended, as did David Rockefeller and Michael Bloomberg. A year later, they revealed what the meeting had been about: Gates and Buffett had been consulting their fellow ultra-rich on…

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Social media, movies inspire millennial goals

Conventional financial goals such as owning or building a house and planning for retirement continue to be influenced by family and social circles.Retirement-related goals feature in the top five for 42% of the millennials in India, says report Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Scientists claim they’ve found the oldest human remains outside of Africa

A new Nature study reinforces the idea that humans and Neanderthals overlapped in Europe. Today, humans inhabit almost every corner of the earth. But why? Our dispersal can be traced back to a group of humans who left Africa sometime around 50,000 years ago. Anyone not purely of African ancestry is related to these people. These humans, however, were not the first to venture outside of Africa. They’re just the only ones we know of…

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Latest FD rates compared: HDFC Bank vs ICICI Bank vs Yes Bank

Over-exposure to FDs is not good, and you need to assess your asset allocation and goals to decide how much money you should park in them.Here is a list of banks that offer the highest FD rates for deposits up to 1 crore over various tenures Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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White House hosts social media summit without social media companies

Tech has plenty of problems. Trump’s summit won’t solve them. President Donald Trump is holding a social media summit at the White House this week. It’s a sham. On Thursday, the president will bring together conservative organizations, figures, and lawmakers for what a White House spokesperson described to the Associated Press as a gathering of “digital leaders for a robust conversation on the opportunities and challenges of today’s online environment.” Missing from the list of…

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