China Lifts Ban on American Poultry
November 18, 2019 at 09:54 AM
WASHINGTON (Sputnik) - China lifted its ban on American poultry products which reopens an export market worth $1 billion, US Trade Representative Robert Lighthizer said on Thursday. Read More »
Rich Chinese outnumber wealthy Americans for first time – Credit Suisse
October 23, 2019 at 11:32 AM
A new report by Credit Suisse shows that the number of rich Chinese people has surpassed the number of wealthy Americans for the first time as both countries continue to produce millionaires at fast rates. Read More »
Russia & China to build world’s largest petrochemical plant
October 18, 2019 at 10:19 AM
An agreement worth more than $13 billion has been signed between China National Chemical Engineering Group (CNCEC) and Russia’s RusGasDobycha to build a natural gas processing and chemical plant. Read More »
Africa may become home to 90% of the world’s poor – World Bank
October 10, 2019 at 02:37 PM
Four in ten Africans, or over 416 million people, lived on less than $1.90 per day in 2015, according to a new report released by the World Bank on Wednesday. Read More »
Tehran Will Use All Possible Means For Crude Oil Export - Iranian Minister
October 10, 2019 at 10:21 AM
The Islamic Republic announced a project to construct a $1.8 billion pipeline earlier this month. According to the authorities, it will allow the country to export oil bypassing Strait of Hormuz. Read More »
Trade war on Western front: US slaps 25% tariffs on French wine, Italian cheese & Scotch whisky
October 04, 2019 at 11:36 AM
The Trump administration has opened another front in its global trade war, slapping the EU with a hefty 25 percent tariff on a variety of industrial and agricultural products, risking a tit-for-tat response. Read More »
Saudi Arabia predicts huge spike in oil prices if no global action is taken ‘to deter Iran’
October 03, 2019 at 10:56 AM
Saudi Crown Prince Mohammed bin Salman warned that oil prices could skyrocket if the world does not join forces to deter Iran’s alleged aggression. He noted, however, that he would rather see a political solution to the conflict. Read More »
Defiant Erdogan says Turkey will continue to buy oil & natural gas from Iran, despite sanctions – report
September 30, 2019 at 10:44 AM
Turkish President Recep Tayyip Erdogan has said it's “impossible” for his country to stop purchasing oil and natural gas from Iran, suggesting that Turkey will disregard a raft of US sanctions now imposed on Iran’s energy sector. Read More »
India may become winner in US-China trade war
September 22, 2019 at 08:40 AM
The Indian economy could benefit by $11 billion as some international manufacturers move production to the country due to trade tensions between Washington and Beijing. Read More »
Anniversary gift: Trump delays new tariffs in response to Chinese gesture
September 16, 2019 at 10:52 AM
US President Donald Trump is postponing by two weeks the implementation of the latest round of tariffs on $250 billion worth of Chinese goods, after Beijing exempted over a dozen types of US products from its own duties. Read More »
