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Mnuchin Says Tax Overhaul May Be Backdated to Start of the Year
Instead, Ryan said a number in the low-to-mid 20s is more realistic. "Passing tax reform, which hasn't been done in 31 years, that's a win". Democratic leaders including Mr. The Treasury secretary also evaded questions about possible exceptions to the elimination of the special treatment of so-called carried interest for hedge fund managers.
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Hurricane Irma knocks down crane arm in Miami
There are about 20 to 25 construction cranes in the city, according to city officials. The counterbalances alone can weigh up to 30,000 pounds, reported CBS News' Mark Strassmann . "AVOID THE AREA!" the city's tweet said. The building was still in tact despite the crane's failure. The same videos showed his tower cranes spinning in the background.
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Thousands of Bangladeshi protest Rohingya killings
At the same time, Bangladesh along with India is also not willing to accept the fleeing refugees from Myanmar open heartedly. "However, there is no report of any Rohingya Muslim being intercepted", he said. Newly arrived Rohingya refugees rest by the roadside in Ukhiya after fleeing to Bangladesh from Myanmar. Both incidents occurred on Sunday. China is known as a longtime ally of Myanmar.
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Tropical Storm Irma to track north and bring impacts to Mid-Missouri
As of 10 a.m. Tuesday the center of Post-Tropical Storm Irma was located about 50 miles north-northwest of Birmingham and was moving to the north-northwest at 26 mph, according to NOAA's Weather Prediction Center . The utility's two nuclear plants, however, were reported safe. The city's mayor said things could get worse because floodwaters were expected to rise and fall gradually over the next several days, CBS News correspondent Jericka Duncan reports .
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Oil prices rise after dollar recovery
By Monday morning, it had weakened to a tropical storm, heading towards Georgia. Global benchmark Brent crude futures, the benchmark for oil prices outside the USA, fell 0.30% to $53.62 a barrel. "By the end of this month, we expect crude stocks to be 43 million barrels higher than they would have been had Harvey and Irma not occurred", analysts at Goldman Sachs said in a note.
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The Boomerang Hurricane Jose
While all eyes are focused on Hurricane Irma, Hurricane Jose is also looming to the west and could still threaten the United States later this week. It is forecast to weaken to Category 1 strength in a few days, with winds between 75 and 90 miles per hour.