Focus Washington by Focus Washington

Philip Morris International Inc. (PM): Watch The Shape Not The Slope

December 11, 2018 Focus Washington

At the moment, there are a total of 20 analysts who cover Philip Morris International Inc. (NYSE:PM) stock. Among that group, 6 of them gave BUY ratings, 4 of them rated the stock as OUTPERFORM, […]

Follow

Russia Becomes Second Largest Arms Producer, U.S. Remain First

December 10, 2018 Focus Washington

Russia has become the world’s second biggest arms producer behind the United States, overtaking Britain, the Stockholm International Peace Research Institute (SIPRI) said in its annual report published on Monday, according to RFE/RL. Russia, which has 10 […]

Follow

Trump’s Ultimatum to Russia Causes Fears of Possible Arms Race

December 10, 2018 Focus Washington

President Donald Trump issued an ultimatum to Russia on Tuesday that the U.S. would withdraw from the Intermediate-Range Nuclear Forces (INF) Treaty in two months if Moscow refuses to adhere to its obligations under the […]

Follow

Steven Mnuchin Considered as Trump’s New Chief of Staff, Though He Feels Better Suited at Treasury

December 10, 2018 Focus Washington

Treasury Secretary Steven Mnuchin is considered as the new White House chief of staff, according to two people with direct knowledge of the matter, CNBC informed. However, Mnuchin has indicated to his inner circle that […]

Follow

Corsi Sues Mueller over Alleged Grand Jury Leaks, Seeks $350M in Damages: Report

December 10, 2018 Focus Washington

The conservative author Jerome Corsi, who is accused of lying under oath to Special Counsel Robert Mueller’s investigators, submitted a federal lawsuit on Sunday accusing the special counsel of leaking grand jury items and several […]

Follow

Trump Calls for $750bn Defense Budget

December 10, 2018 Focus Washington

President Donald Trump has called for a defense budget of $750 billion for next year, proposed by Defense Secretary James Mattis, which represents a significant increase from what he previously wanted and $12 billion more […]

Follow

Entrepreneur: A Look At Saudi Arabia’s Tech Startup

December 10, 2018 Focus Washington

The Saudi Arabian tech startup scene is continuously on the rise compared to the MENA ecosystems. A year ago, ArabNet dove into the Kingdom’s ecosystem and launched a detailed report, titled KSA Innovation Economy: Tech […]

Follow

France Tells U.S. not to Interfere in Its Politics

December 10, 2018 Focus Washington

Following President Donald Trump’s various claims about the reasons behind the violent protests in France, he was urged by the country’s foreign minister not to interfere in France’s affairs. “We do not take domestic American […]

Follow

Trump Campaign Finance Violation Would ‘Certainly’ Be Impeachable Offense, Top Dem Says

December 10, 2018 Focus Washington

The top Democrat set to become the leader of the House Judiciary Committee claimed on Sunday that if President Donald Trump broke campaign finance laws by arranging hush-money payments to mistresses, he would have committed […]

Follow

Comey Urges Americans to Vote Trump out in 2020

December 10, 2018 Focus Washington

Former FBI Director James Comey, who was speaking at the 92nd Street Y, told the audience that they had to oust President Donald Trump in the next election, by guaranteeing a “landslide” victory for his […]

Follow

Philip Morris International Appoints Alexander Reisch as IPM India Wholesale Trading MD

December 10, 2018 Focus Washington

Philip Morris International has appointed Alexander Reisch as the managing director of IPM India Wholesale Trading, Economic Times informed. IPM India Wholesale Trading is a joint venture between Philip Morris Brands Sarl of Switzerland, Godfrey […]

Follow

Rubio Says Trump Pardoning Manafort Would Be Terrible Mistake

December 9, 2018 Focus Washington

Republican Senator Marco Rubio on Sunday stated that it would be a “terrible mistake” if President Donald Trump pardons his former campaign chairman Paul Manafort. “I think it would be a terrible mistake if he […]

Follow

Trump Claims Comey Lied Before House Lawmakers

December 9, 2018 Focus Washington

President Donald Trump in a Twitter storm bashed former FBI Director James Comey on Sunday, accusing him of telling lies during his testimony to House lawmakers about the investigation into Russia’s election interference. “Leakin’ James […]

Follow

Trump Says Tillerson Is ‘Dumb as a Rock’ After Facing Criticism from the Former Secretary of State

December 9, 2018 Focus Washington

President Donald Trump denounced his first secretary of state, Rex W. Tillerson, as “dumb as a rock” and “lazy as hell” on Friday after Tillerson said that the President had regularly pushed him to take […]

Follow

Federal Prosecutors Recommend ‘Substantial Term of Imprisonment’ for Michael Cohen

December 8, 2018 Focus Washington

Federal prosecutors on Friday recommended a “substantial term of imprisonment” for President Trump’s former personal attorney Michael Cohen, saying his efforts to cooperate with Special Counsel Robert Mueller were “overstated,” Fox News informed. The U.S. Attorney […]

Follow

U.S. Treasury Delays Imposing Rusal Sanctions

December 8, 2018 Focus Washington

The U.S. Treasury Department has once again delayed imposing sanctions on Russia’s largest aluminum producer, Rusal, as it seeks to strike a deal that would allow the company to escape the penalties, Bloomberg reports. The […]

Follow

Trump Nominates William Barr to Be Attorney General

December 7, 2018 Focus Washington

President Donald Trump said on Friday he had chosen former U.S. Attorney General William Barr to once again lead the Justice Department, a role that would put him in charge of the federal probe into […]

Follow

Philip Morris International: A Fundamentally Weighted Stock for Long-Term Investors

December 7, 2018 Focus Washington

Shares of Philip Morris International Inc. (NYSE:PM) recorded -1.89% loss during trading session on December 4th, 2018. The script traded as low as $85.23 and last traded at $85.43. 5.2 million shares changed exchanged hands […]

Follow

Huawei Executive’s Arrest Fuels Trade War Fears

December 7, 2018 Focus Washington

At dinner with China’s president, Xi Jinping, on Saturday night in Buenos Aires, President Trump celebrated their “special” relationship and all but predicted they would emerge with a truce in the trade war between the […]

Follow

Clinton Foundation Whistleblowers Have Come Forward with Hundreds of Pages of Evidence, Meadows Says

December 7, 2018 Focus Washington

Three people revealed hundreds of pages of evidence of potential wrongdoing by the Clinton Foundation, including misappropriation of funds and allegations of quid-pro-quo promises made to donors during Hillary Clinton’s mandate as secretary of state, […]

Follow

Trump Launches Twitter Rant Against Mueller Before Filings on Russia Probe

December 7, 2018 Focus Washington

President Donald Trump attacked the Special Counsel Robert Mueller just hours before he was to deliver details on how two of the president’s closest former aides have helped or hindered an investigation into possible collusion […]

Follow

Trump Organization Responds to Claims it Hired Illegal Immigrants

December 7, 2018 Focus Washington

The Trump Organization hit back at a bombshell report in The New York Times that stated President Trump’s elite resorts had numerous illegal immigrants as housekeeping, maintenance, and landscaping employees, Fox News informed. “We have […]

Follow

Heather Nauert to Become New U.S. Ambassador to UN

December 7, 2018 Focus Washington

State Department spokeswoman Heather Nauert is expected to be nominated as the next U.S. ambassador to the United Nations, said an administration official and a second source. President Donald Trump is expected to make the […]

Follow

Two Saudi-Designed Satellites Launch into Space

December 7, 2018 Focus Washington

Saudi Arabia launched two Saudi-designed satellites into space for aerial surveying on Friday morning from China. The two earth-observation satellites that were developed by the King Abdulaziz City for Science and Technology (KACST) were launched […]

Follow

Philip Morris International Declares Regular Quarterly Dividend of $1.14 Per Share

December 7, 2018 Focus Washington

The Board of Directors of Philip Morris International Inc. (NYSE: PM) on Thursday declared a regular quarterly dividend of $1.14 per common share, payable on January 11, 2019, to shareholders of record as of December […]

Follow

No Deal to Cut Global Oil Output on First Day of OPEC Meetings

December 7, 2018 Focus Washington

OPEC ended a meeting on Thursday without striking a deal to reduce oil output and without any clear sign one would be reached when officials from the organization, Russia and other oil producers reconvene Friday, […]

Follow

Senate Intelligence Committee Interviewed Bannon on Cambridge Analytica

December 6, 2018 Focus Washington

Former White House chief strategist Steve Bannon reportedly was interviewed by the Senate Intelligence Committee last month regarding Cambridge Analytica. According to The Daily Beast, Bannon, who helped found the since-shuttered data company, faced questions […]

Follow

Trump Says Without Mueller His Approval Rating Would Be 75 Percent

December 6, 2018 Focus Washington

President Donald Trump on Thursday stated that his approval rating would be 75 percent if it wasn’t for special counsel Robert Mueller’s Russia investigation. “Without the phony Russia Witch Hunt, and with all that we […]

Follow

Republican Senators Introduce Legislation for Funding Trump’s Border Wall

December 6, 2018 Focus Washington

A bill meant to fund President Donald Trump’s $25 billion border wall introduced by Republican senators on Thursday. “The WALL Act would fully fund the border wall by closing existing loopholes that provide illegal immigrants […]

Follow

U.S.-based Russian Businessman Sues Fed for Calling him “Oligarch”

December 6, 2018 Focus Washington

A Russian-born businessman is challenging in federal court his inclusion on a Treasury Department list of oligarchs, saying the agency “effectively republished” the list from an issue of Forbes Magazine, Russia Business Today reports. In […]

Follow