The European Union executive is seeking to protect farmers by imposing fines on retailers and supermarket chains using unfair trade practices. EU Farm Commissioner Phil Hogan said Thursday the plan was “about giving voice to the voiceless” as small-scale …
The sweaty mechanic tossed aside the used jeans one by one, digging deep through the pile of secondhand clothes that are at the center of another, if little-noticed, Trump administration trade war. The used clothes cast off by Americans …
The head of the International Monetary Fund is warning that the global trading system is in danger of being “torn apart.” In a speech prepared for delivery in Hong Kong Wednesday, Christine Lagarde urged nations to “steer clear of protectionism.” …
The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock. The proposal may clear the way for some large …
Russian retailers warned of price increase after ruble tumbles European electronic and household goods manufacturers have warned Russian retailers of a possible 5 to 10 percent rise in prices after the ruble tumbled this week due to U.S. sanctions, retailers …
The Turkish lira Tuesday hit another historic low against the U.S. dollar amid growing financial market concerns that the Turkish economy is overheating. With elections on the horizon, the government is stoking economic growth. The latest figures saw growth running …
Future Russian gas transit flows through Ukraine to Europe may be between 10 and 15 billion cubic metres per year, Alexei Miller, head of Russian gas giant Gazprom, said on Tuesday, which is a significant decline from current levels. Miller …
China’s President Xi Jinping did not mention U.S. President Donald Trump by name or speak directly about rising trade frictions with Washington during a closely watched speech at the Boao Forum — China’s version of Davos for Asia. But the …
In war-torn Afghanistan, honey is regarded as a traditional cure-all but for one schoolgirl, the sticky commodity has also created sweet opportunities to work and own a business in a country where few women do so. Three years ago, Frozan, …
Iran unified the country’s official and open market exchange rates, state media said, after its currency, the rial, plunged to an all-time low on Monday on concerns over a return of crippling sanctions. The U.S. dollar jumped in a day …
Brazil’s government has been told that development projects, including hydropower dams, in protected areas can no longer go ahead without the prior approval of lawmakers. Last week’s ruling by the supreme court followed the use by the government in recent …
Apple on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in 43 countries. The iPhone maker also said …
Lawyers representing U.S. President Donald Trump’s family hotel business appealed to Panama’s president for help days before an emergency arbitrator declined to reinstate the Trump management team to a luxury waterfront hotel. The Britton & Iglesias firm, which has represented …
The grain that feeds half the world may have taken a big leap forward. Scientists report the biggest improvements in rice productivity in decades. If the results hold up in further tests, it could greatly increase harvests of a critical …
U.S. President Donald Trump on Monday touted the United States’ “very good relationship with China” and his “good” friendship with President Xi Jinping, but again accused China of taking advantage of the United States for far too long. Surrounded by …
China’s Foreign Ministry said Monday that trade talks with the United States are impossible under current conditions. The comment from spokesman Geng Shuang during a briefing with reporters came a day after U.S. President Donald Trump predicted there would be …
Russia said Monday it will support companies hit by fresh U.S. sanctions as Russian stocks dropped and shares in aluminum producer Rusal plummeted. Deputy Prime Minister Arkady Dvorkovich said in comments reported by state news agencies that Russia is …
U.S. President Donald Trump predicted Sunday there would be a resolution of the U.S.-China standoff on tariffs on hundreds of billions of dollars of goods the world’s two biggest economies are threatening to impose on each other. The U.S. leader …
Taiwan says it regrets that the “one China” policy insisted on by Beijing prevents it from providing much needed development aid to most countries in Africa. Taiwan was in a relatively good diplomatic position in Africa several years ago. Taiwan’s …
The U.N. secretary-general and the Singaporean foreign minister voiced concerns about global trade tensions and rising protectionism during back-to-back meetings in Beijing on Sunday. Following remarks from his Chinese counterpart, Singaporean Foreign Minister Vivian Balakrishnan vowed to “double-down” on free …
Some 30 percent of Air France flights were cancelled Saturday as strikes over pay rises appear to be intensifying. And that’s just part of France’s travel troubles this month. Most French trains will screech to a halt as a strike …
Following the success of West Virginia teachers in securing a pay raise, educators in Oklahoma and Kentucky are walking out of their classrooms, demanding that lawmakers increase education spending in their states. Arizona teachers may soon follow suit. From Washington, …
Federal law enforcement authorities are in the process of seizing Backpage.com and its affiliated websites. A notice that appeared Friday afternoon at Backpage.com says the websites are being seized as part of an enforcement action by the FBI, U.S. Postal …
The Trump administration is considering ways to require imported automobiles to meet stricter environmental standards in order to protect U.S. carmakers, The Wall Street Journal reported Friday. Responding to the story, White House spokeswoman Sarah Huckabee Sanders said President Donald …