Iran is studying ways to keep exporting oil and other measures to counter U.S. economic sanctions, state news agency IRNA reported Saturday. Since last month, when U.S. President Donald Trump pulled out of the nuclear deal that lifted most sanctions in 2015, the rial …
Month: June 2018
U.S. President Donald Trump said in a tweet on Saturday that Saudi Arabia’s King Salman had agreed to his request to increase oil production “maybe up to 2,000,000 barrels” to offset production from Iran and Venezuela. There was no immediate …
President Donald Trump said Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, “maybe up to 2,000,000 barrels” in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the …
Editor’s note: A look at the veracity of claims by political figures President Donald Trump has elevated his tax cuts to an act of biblical proportions, misleadingly claiming at a White House speech Friday that they triggered an “economic miracle.” …
General Motors Co warned on Friday that higher tariffs on imported vehicles under consideration by the Trump administration could cost jobs and lead to a “a smaller GM” while isolating U.S. businesses from the global market. The administration in May …
June 30 marks Asteroid Day, a U.N.-sanctioned campaign to promote awareness around the world of what’s up in the sky. In Milan, scientists are assembling a new telescope that uses “insect vision” to spot risky celestial objects. Faith Lapidus explains. …
Just days before the Trump administration’s tariffs on Chinese steel and aluminum imports are set to go into effect, trade analysts are watching for ripple effects across the automotive, manufacturing and technology sectors. VOA’s Elizabeth Cherneff has more from Washington. …
U.S. President Donald Trump said he expects a second tax overhaul to be unveiled in October or a bit earlier, and he is considering cutting the corporate tax rate to 20 percent from 21 percent. In an excerpt of a …
A new study of a popular HIV drug could ease concerns about its link to depression. Researchers in Uganda found that efavirenz, once feared to lead to depression and suicide, did not cause the expected negative side effects in their …
Canada struck back at U.S. steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) of American goods and unveiling a C$2 billion aid package for affected industries and workers. Foreign Minister Chrystia Freeland …
U.S consumers increased their spending just 0.2 percent in May, a disappointing result after two months of much stronger gains. The weaker reading could raise questions about the extent of economic growth overall in the current April-June quarter. The Commerce …
After a sharp sell-off, China’s yuan and stock markets attempted a modest recovery Friday, yet investors were grappling with some of their worst losses in years as a bitter Sino-U.S. trade row threatened to ruffle the world’s second-biggest economy. The …
The suicide rate in the U.S. is rising. A new government report shows nearly 45,000 Americans killed themselves in 2016, more than twice the number of homicides. In fact, the suicide rate, particularly among young people ages 15 to 34, …
Sharks are the stars of a splashy new exhibit at the New York Aquarium. The new exhibit is a major step in the beachfront facility’s recovery from the devastating impact of 2012’s Superstorm Sandy. Faith Lapidus reports. …
Kids exposed to tobacco smoke in the womb and early in infancy could have double the odds of developing hearing loss compared with children who were not exposed to tobacco at all, a Japanese study suggests. While previous research suggests that adult smokers …
Minnesota regulators on Thursday approved Enbridge Energy’s proposal to replace its aging Line 3 oil pipeline across the northern part of the state. All five members of the Public Utilities Commission backed the project, though some cited heavy trepidation, and …
A U.S. delegation traveled to Kenya on Thursday to attend the inaugural economic summit of the American Chamber of Commerce, Kenya. About 500 delegates, including Kenyan President Uhuru Kenyatta and Gilbert Kaplan, U.S. undersecretary of commerce for international trade, other high-ranking …
Hailing “great economic success” during the first 18 months of his administration, U.S. President Donald Trump is calling for more companies to be like Taiwan’s electronics component manufacturer Foxconn and invest in the United States. At a groundbreaking event for …
Importers of Iranian oil are facing pressure from the United States to find another energy source or be hit with sanctions. The Trump administration is threatening other countries, including close allies such as South Korea, with the sanctions if they …
Melting glaciers and rising seas in Greenland; raging fires in Northern California; a relentless drought in Somalia and the disappearing Amazon forests. Famine, Feast, Fire and Ice are the four installments in a virtual reality (VR) documentary on climate change …
President Donald Trump was highlighting his economic policies Thursday by taking part in the ceremonial ground-breaking for a $10 billion Foxconn factory complex that may bring thousands of jobs to a state he barely carried in the 2016 presidential election. …
The International Labor Organization (ILO) says urgent action is needed to avert a global crisis as the number of people, including children and elderly, needing care rises, The warning is part of a new ILO report on care work and …
China defended its trade practices Thursday as being beneficial to the world as it tries to ease pressure from the United States and Europe to abandon what they consider to be Beijing’s protectionist policies. China’s rapid economic growth “has brought …
Jared Kushner’s family company is suing a New Jersey city, alleging it forced the delay of a major twin-tower project due to “political animus” toward President Donald Trump. The federal lawsuit filed Wednesday by the Kushner Cos. claims Jersey City …