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US: Prosecutors seek substantial sentence for Cohen

U.S. President Donald Trump's former attorney should receive a substantial prison term for paying hush money to women on his behalf and numerous finance-related crimes, federal prosecutors said Friday. Prosecutors from the Southern District of New York filed a sentencing memo for...

Trump: Ex-State Secretary Tillerson 'dumb as a rock'

U.S. President Donald Trump took to Twitter on Friday to attack former Secretary of State Rex Tillerson after he said Trump asked him to do things that were against the law. Trump praised the man now in the post, Mike Pompeo, and went on to say Tillerson lacked the capabilities to be...

OPEC, allies agree to cut oil output by 1.2M barrels

OPEC and it allies announced Friday crude output cuts of 1.2 million barrels per day (mbpd) to balance the global oil market. Members agreed the cartel will curb production by 800,000 mbpd, while non-OPEC oil producers, including Russia, will cut by 400,000 bpd. The supply cuts...

Russia ready to extend TurkStream to Greece: Putin

Russia is ready to extend the TurkStream natural gas pipeline to Greece, Russian President Vladimir Putin said on Friday. Speaking at a joint news conference with Greek Prime Minister Alexis Tsipras, Putin reminded that a pipeline from Greece to Italy has yet to be filled with gas and...