US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on US$ 34 billion of Chinese imports. China immediately said it would be forced to retaliate. The duties on Chinese goods started at 12:01am Friday in Washington, just after midday in China.
Theresa May says her cabinet has “a great opportunity - and a duty” to agree a blueprint for the UK's future relationship with the EU. Before Friday's crunch Chequers meeting she said she wanted “ambitious new trade deals” and an agreement “in the best interests of the UK and the EU”.
Brazil's labor minister was suspended Thursday by a Supreme Court justice as part of an investigation into fraud. Helton Yomura cannot enter the Labor Ministry's offices or have contact with its staff, said Joana Dantas, a ministry press officer.
Brexit could be “potentially catastrophic,” for the Falklands according to a recent UK newspaper article. And by all accounts it could have a serious impact if heavy tariffs were applied to goods exported from the Islands into the EU. But just how bad could it be?
Associated Press (AP) revealed that last August, during a meeting in the Oval Office, US President Donald Trump asked a question that startled his advisors: given that the situation in Venezuela threatens regional security, why does the United States not invades the South American country?
United States Embattled Environmental Protection Agency chief Scott Pruitt has resigned after fighting numerous scandals and alleged ethics violations. The unrelenting attacks on me personally, my family, are unprecedented and have taken a sizable toll on all of us, Pruitt wrote in his resignation letter to President Donald Trump on Thursday.
When reports emerged that India and China are in talks about forming an oil buyers' club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance. Now, it may be time for it to start worrying.
Despite an international context characterized by stronger growth in the global economy, abundant international liquidity, high corporate returns and optimism in financial markets, the flows of Foreign Direct Investment (FDI) in Latin America and the Caribbean – on average, and with great heterogeneity within the region – fell for the third year in a row in 2017 to total US$ 161.673 billion dollars, down 3.6% from the previous year and 20% below the level reached in 2011.
Non-EU nationals exempt from visa requirements will have to get an authorization before travelling to the EU, under new rules backed by the European Parliament (EP) on Thursday.