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November 17, 2024
Economy

Tehran Rejects $15-Billion Loan From France to Remain Fully Compliant With JCPOA Obligations - Reports

September 05, 2019 at 12:35 PM
Iran has recently been holding negotiations with Paris about returning to full implementation of the Joint Comprehensive Plan of Action (JCPOA). France offered the Islamic Republic a line of credit that would be guaranteed by Iranian oil revenues but the plan depends on US approval of oil export waivers. Read More »

China will crumble ‘WHEN I WIN’ trade war – Trump

September 05, 2019 at 10:53 AM
US President Donald Trump has predicted China’s full economic downfall by the time the trade war between the two countries is over, urging Beijing to make a deal soon. Read More »

US companies urge Trump to scrap new China tariffs, calling them a ‘job killer’ for Americans

August 30, 2019 at 01:15 PM
More than 200 footwear manufacturers and retailers, including Nike and Foot Locker, called on US President Donald Trump to cancel the proposed higher tariffs on Chinese imports that take effect next month. Read More »

Turkey aims to boost trade with Russia to $100bn

August 30, 2019 at 10:41 AM
Turkish President Recep Tayyip Erdogan has set an ambitious task to increase trade turnover between Turkey and Russia to $100 billion. That is nearly four times more than the current trade volume between the two countries. Read More »

No Longer ‘Friend’: Trump Labels Chinese President Xi Jinping as ‘Enemy’ Amid New Trade War Row

August 28, 2019 at 01:49 PM
As trade tensions between the world’s two biggest economies continue to heat up, US President Donald Trump is no longer referring to Chinese President Xi Jinping as his “friend” on Twitter, calling him an “enemy” instead. Read More »

Trump’s only regret over trade war with China is that... he didn’t ‘raise tariffs HIGHER'

August 27, 2019 at 10:37 AM
The White House says Donald Trump’s words were absolutely misinterpreted when he said he’d had second thoughts about the ongoing trade war with Beijing. The only thing Trump regrets is that he didn’t hike up the tariff rates more. Read More »

Higher tariffs & currency devaluation don’t solve trade disputes, IMF warns US & China

August 26, 2019 at 02:07 PM
The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. Read More »

China threatens sanctions against US firms involved in F-16 fighter jets’ sale to Taiwan

August 26, 2019 at 12:13 PM
Beijing has urged Washington to cancel the sale of American F-16 fighter planes to Taiwan, vowing sanctions against US companies that take part in the deal in order “to protect [China’s] interests.” Read More »

US praises sanctions for killing Iran’s economy, then blames Tehran for people’s suffering

August 22, 2019 at 01:12 PM
The US State Department can’t seem to make up its mind about the cause of Iran’s economic woes, claiming Tehran’s “Marxist economy” is to blame even as it celebrates the devastation US sanctions have wrought on the country. Read More »

Pompeo Predicts US-China Trade War Could End by 2020 Presidential Election - Reports

August 22, 2019 at 10:35 AM
US Secretary of State Mike Pompeo reportedly told a group of business executives and free-trade economists that he believes the trade war with China could come to an end by the 2020 presidential election. Read More »
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