U.S. Treasury Secretary Steven Mnuchin said on Monday that forthcoming investment restrictions from the department will not be specific to China but would apply “to all countries that are trying to steal our technology.” In a Twitter message, Mnuchin said …
Iranian merchants in the capital’s Grand Bazaar held a rare protest Monday against the plummeting value of Iran’s currency, the rial, as other demonstrators also took to the streets. Most shop owners closed their stores Monday in Tehran’s main bazaar …
India is fast-tracking environmental clearances for projects like power plants and coal mines in a bid to propel growth, setting off alarm bells among environmentalists and affected residents who say the decisions are being made too quickly. In a country …
Vietnam has been hit with a bona fide beer bonanza. Locals are crowding into new cavernous beer halls to imbibe the night away, expats are debuting one craft microbrewery after another. Foreign brands from Heineken to Sapporo are relying …
President Donald Trump has issued a warning to U.S. trading partners that unless they remove restrictions placed on American goods, they will face “more than Reciprocity by the U.S.A.” “The United States is insisting that all countries that have placed …
A British minister accused Airbus and other major companies of issuing “completely inappropriate” threats and undermining Prime Minister Theresa May in a sign of growing tensions with businesses leaders over Brexit. Aircraft manufacturer Airbus last week issued its strongest warning …
U.S. Energy Secretary Rick Perry will meet Russia’s energy minister next week in Washington, a person familiar with the situation said Friday, as the two countries compete to supply global markets with natural gas and crude. Perry will meet Russia’s …
U.S. President Donald Trump is threatening to impose a 20 percent tariff on vehicles assembled in the European Union and shipped to the United States, in retaliation for European tariffs on American imports. On Friday, the day new EU tariffs …
Retaliating against the Trump administration’s tariffs on steel and aluminum imports, India has raised duties on 29 U.S. goods worth about $240 million. New Delhi made the announcement Thursday after Washington ignored its request to be exempted from the tariffs …
In comments at odds with his home state’s whiskey distillers, Kentucky’s Republican governor is downplaying fears that the European Union’s retaliatory tariffs could disrupt the booming market for the Bluegrass state’s iconic bourbon industry. “There’s always the potential for some …
OPEC ministers agreed Friday to increase oil output, a move that could ease supply fears and lower world prices, but uncertainties remain about the durability of the outcome. The agreement theoretically sees OPEC raising crude oil production by a million …
Turkey announced Thursday that it would impose tariffs on $1.8 billion worth of U.S. goods in retaliation for U.S. President Donald Trump’s tariffs on steel and aluminum imports. The World Trade Organization said the new Turkish tariffs would amount to …
A report by the U.N. special rapporteur on extreme poverty and human rights finds 40 million people in the United States live in poverty, 18.5 million live in extreme poverty and more than 5 million live in conditions of absolute poverty. …
India, the world’s biggest buyer of U.S. almonds, raised import duties on the commodity by 20 percent, a government order said, joining the European Union and China in retaliating against President Donald Trump’s tariff hikes on steel and aluminum. New …
Maize farmers are preparing as the harvest season approaches in Tanzania’s Kondoa District. The weather has been good and most farmers here expect bumper yields. Amina Hussein, a mother of four in Mnenia village, is testing a new way to …
U.S. Commerce Secretary Wilbur Ross faced tough questions during a Senate hearing Wednesday on the Trump administration’s tariff proposals and actions. Senators on both sides of the aisle criticized the administration’s rollout of proposed tariffs on steel and aluminum imports. …
China’s commerce ministry on Thursday accused the United States of being “capricious” over bilateral trade issues and warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington’s penchant for brandishing “big sticks.” Previous trade negotiations …
A decent rating from Fitch this month has Vietnam riding high on the small victory, despite some of the less favorable economic trends connected to this first-of-its-kind rating. The state monopoly Vietnam Electricity, or EVN, clinched a “BB” score June …
As the United States and China teeter on the brink of an all out trade war and tit-for-tat tariffs loom, a European businesses lobby is urging Beijing to stop dragging its feet on reforms and using unfair trade policies to pamper …
Sameera Al Salam folds a discarded piece of newspaper into a long strip then loops it round her finger to form a tight circle, the first stage of making the upcycled handbags, trays and bowls the Syrian refugee hopes will …
China calls President Donald Trump’s threat to slap more tariffs on Chinese exports to the U.S. “extreme pressure and blackmail” and threatens to retaliate. Beijing reacted Tuesday to Trump’s plan to impose tariffs on another $200 billion of Chinese goods …
Is this what a trade war looks like? The Trump administration and China’s leadership have threatened to impose tariffs on $50 billion of each other’s goods. Trump has proposed imposing duties on $400 billion more if China doesn’t further open …
Kazakhstan is taking management lessons from warrior-emperor Genghis Khan as it seeks to conquer neighboring countries’ food markets, Deputy Agriculture Minister Arman Yevniyev said Tuesday. The Central Asian nation, whose territory was once part of the Mongol Empire, wants to …
The 10 millionth patent has been issued in the United States, almost 228 years after President George Washington signed the first one. The United States Patent and Trademark Office issued the newest patent Tuesday to the Raytheon Company, a defense …