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Trump to hold press conference with Japanese prime minister at White House
CBSN
Washington — President Trump is holding a joint press conference with Japanese Prime Minister Shigeru Ishiba Friday, as Japan's Nippon Steel hopes the Trump administration will allow a $14.1 billion bid for U.S. Steel to move forward, despite Mr. Trump's previous pledge to block the deal.
Mr. Trump told reporters Friday he hasn't changed his mind on U.S. Steel, but multiple sources said he is considering allowing Japan's Nippon Steel to complete its acquisition of U.S. Steel. Approval of the transaction isn't definite, and Mr. Trump has not made a final decision, sources say.
Mr. Trump met with the CEO of U.S. Steel, David Burritt, at the White House on Thursday. The Biden administration blocked the sale of U.S. Steel to Nippon Steel last month. U.S. Steel and Nippon Steel have filed lawsuits over the Biden administration's decision to stop Nippon Steel from taking over its Pittsburgh-based rival company.
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Beijing — China on Friday lashed out at what it called U.S. "coercion" after Panama declined to renew a key infrastructure agreement with Beijing following Washington's threat to take back the Panama Canal. Foreign Ministry spokesperson Lin Jian said at a briefing that China "firmly opposes the U.S. smearing and undermining the Belt and Road cooperation through means of pressure and coercion."
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London — The Herculaneum scrolls have remained one of the many tantalizing mysteries of the ancient world for almost 2,000 years. Burnt to a crisp by lava from Mount Vesuvius in A.D. 79, the reams of rolled-up papyrus were discovered in a mansion in Herculaneum — an ancient Roman town near Pompeii — in the mid-18th century. Both towns were decimated by the Vesuvius eruption, and most of the scrolls were so badly charred they were impossible to open.
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London — Tourists continued to flee the Greek island of Santorini on Wednesday — a fourth consecutive day of exodus sparked by a series of earthquakes that have rattled the incredibly popular European vacation destination. Around 7,000 people have left the island, which sits southeast of Greece's mainland, since the quakes began last week, according to the AFP news agency.