A potential ban on the popular herbicide glyphosate in Brazil over concerns it may cause cancer in humans would be a “disaster” for the country’s agricultural industry, Agriculture Minister Blairo Maggi said on Thursday. A Brazilian court ruled on Aug. …
Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signalling it could ride out a dispute with the United States. In a conference call with …
A federal court in New York has charged 22 Chinese importers with smuggling nearly half-a-billion dollars in counterfeit goods into the United States from China. The fake products include such popular luxury items as Louis Vuitton bags, Michael Kors wallets, …
Russia says the latest U.S. sanctions imposed on Russian, Chinese, and Singaporean companies are “destructive” and “useless.” The U.S. penalized the three companies Wednesday, accusing them of helping North Korea avoid international sanctions. The Russian Foreign Ministry said Thursday …
The United States economy, the world’s largest, is “crushing it,” White House economic adviser Larry Kudlow declared Thursday. “This is the hottest business economic environment in the world today,” Kudlow told reporters at the White House. “President [Donald] Trump completely …
A Chinese delegation will travel to the United States later this month to resume negotiations as a trade war intensifies between the world’s two biggest economies. China’s Commerce Ministry says Vice Minister Wang Shouwen will meet with David Malpass, an …
Mexico’s economy minister on Wednesday said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues. …
Singapore is the setting for new Hollywood movie ‘Crazy Rich Asians’ – an adaptation of a best-selling novel that explores the insatiable consumerism of new money and old-world opulence in a continent producing more billionaires than anywhere else. While the …
Toyota is likely to make 120,000 more cars a year in the Chinese port city of Tianjin as part of a medium-term strategy that’s gathering pace as China-Japan ties improve, said four company insiders with knowledge of the matter. The …
The White House on Wednesday condemned Turkey for boosting tariffs on U.S. imports, the latest confrontation between the two NATO allies. Ankara imposed stiffer levies on U.S. cars, alcohol, coal and other products — $533 million in new tariffs — …
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc. regarding Chief Executive Elon Musk’s plans to take the company private and his statement that funding was “secured,” Fox Business Network reported on Wednesday, citing sources. Subpoenas typically …
Corey Lewandowski, President Donald Trump’s former campaign manager, touted on Wednesday benefits he sees in federal government approval of T-Mobile US Inc’s bid to acquire Sprint Corp, while also denying that he has worked directly for the company. Lewandowski said …
The U.S. on Wednesday sanctioned companies in China, Russia and Singapore it says were violating the trade embargo with North Korea, Washington’s latest effort to keep pressure on Pyongyang to end its nuclear weapons development. The U.S. Treasury accused China’s …
U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. Other data on Wednesday showed worker productivity growing at its fastest pace …
Turkey on Wednesday announced tariff hikes on a range of U.S. goods in the latest back-and-forth move amid a deteriorating relationship between the two countries. The extra tariffs apply to imports of vehicles, alcohol, coal, rice and cosmetics. Turkish Vice …
New Zealand school teachers went on strike on Wednesday for the first time in more than 20 years, challenging the Labor government’s plans to balance promised fiscal responsibility against growing demands to increase public sector salaries. The government’s first budget …
Tonga Prime Minister Akalisi Pohiva has called for China to write-off debts owed by Pacific island countries, warning that repayments impose a huge burden on the impoverished nations. Chinese aid in the Pacific has ballooned in recent years with much …
Nicaragua’s National Assembly on Tuesday approved a drastic cut to the national budget because of the economic impact of months of anti-government unrest. The lawmakers adopted a 9.2 percent reduction of the 2018 budget, projecting $180 million less in spending …
Last year, Brazilian farmer Gustavo Lopes sized up his sugar cane plantation against his soybean fields. He looked at global trends, including rising U.S.-China trade tensions and a stubborn sugar-market glut. Then he tore up the last of his cane …
Vienna has dislodged Melbourne for the first time at the top of the Economist Intelligence Unit’s Global Liveability Index, strengthening the Austrian capital’s claim to being the world’s most pleasant city to live in. The two metropolises have been neck …
Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised address on Monday. “Gasoline must be sold at an international …
Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports. Lopez Obrador, who will take office on Dec. 1, told reporters his …
Turkey’s currency, the lira, continues to slide as the country’s central bank failed to halt the decline Monday. Turkish President Recep Tayyip Erdogan has accused the United States of purposely trying to damage his country’s economy. More from VOA’s Bill …
Tariffs imposed on goods imported from China, Europe and other parts of the world could hurt American consumers and small businesses more than help them. Analysts point out that in today’s global economy, most manufacturers produce parts and import others …