Vice President Mike Pence is adamant that President Donald Trump will deliver on his campaign promises to boost the economy. Pence said Trump will carry out his promised tax cuts and repeal President Barack Obama's health care law, while he speaking in Boone, Iowa, on Saturday. He said: 'By withdrawing from the Paris climate accord, President Donald Trump chose to put the forgotten men and women of America first. President Donald Trump won Iowa by nine percentage points in 2016, after Obama carried the state in 2008 and 2012. Vice President Mike Pence said President Trump will carry out his promised tax cuts and repeal President Barack Obama's health care law, while speaking in Boone, Iowa, on SaturdayPence rolled into the rally on a motorcycle.
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Director of the White House National Economic Council Gary Cohn arrives prior to U.S. President Donald Trump announced his decision to withdraw from the Paris Climate Agreement, at the White House in Washington, U.S., June 1, 2017. REUTERS/Joshua RobertsWASHINGTON U.S. President Donald Trump's top economic adviser on Friday said the nation's withdrawal from the Paris climate accord will help keep energy markets competitive, allowing for a potential comeback in coal prices and the U.S. coal industry. Speaking in an interview on CNBC, National Economic Council Director Gary Cohn said that despite competition from cheap natural gas, "at some point in the cycle, coal will be competitive again," adding: "We need to keep our options available to have the cheapest available energy" on a global market. (Reporting by Susan Heavey and Mohammad Zargham; Editing by Chizu Nomiyama)
SEOUL An extra budget to be announced by South Korea on Monday is intended to create more jobs, not to boost economic growth, the president's secretary for policy said on Sunday. The government's proposed extra budget must be approved by parliament. Jang, a veteran academic specializing in finance, was named top policy adviser to President Moon Jae-in last month. The country's first liberal president in nearly a decade, Moon has promised job creation will be a top priority during his presidency. "This extra budget is not linked to economic growth we're seeing right now but rather the social classes that are in pain at the moment; it will be to improve their quality of life," Jang Ha-sung told reporters at a media briefing.
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Trump economic adviser Cohn says coal can be competitive again: CNBC
Director of the White House National Economic Council Gary Cohn arrives prior to U.S. President Donald Trump announced his decision to withdraw from the Paris Climate Agreement, at the White House in Washington, U.S., June 1, 2017. REUTERS/Joshua RobertsWASHINGTON U.S. President Donald Trump's top economic adviser on Friday said the nation's withdrawal from the Paris climate accord will help keep energy markets competitive, allowing for a potential comeback in coal prices and the U.S. coal industry. Speaking in an interview on CNBC, National Economic Council Director Gary Cohn said that despite competition from cheap natural gas, "at some point in the cycle, coal will be competitive again," adding: "We need to keep our options available to have the cheapest available energy" on a global market. (Reporting by Susan Heavey and Mohammad Zargham; Editing by Chizu Nomiyama)
South Korea says extra budget aimed at job creation, not economic stimulus
SEOUL An extra budget to be announced by South Korea on Monday is intended to create more jobs, not to boost economic growth, the president's secretary for policy said on Sunday. The government's proposed extra budget must be approved by parliament. Jang, a veteran academic specializing in finance, was named top policy adviser to President Moon Jae-in last month. The country's first liberal president in nearly a decade, Moon has promised job creation will be a top priority during his presidency. "This extra budget is not linked to economic growth we're seeing right now but rather the social classes that are in pain at the moment; it will be to improve their quality of life," Jang Ha-sung told reporters at a media briefing.
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collected by :John Miller