The trade war between the United States and China was described as "a little squabble" by the US president President Donald Trump on Tuesday while also stressing the there was no collapse of the negotiations on trade between the two countries.   The global markets however remained concerned...

The International Energy Agency (IEA) lowered its estimate for oil demand growth in 2018 and 2019. This year, the world will need very little additional oil from OPEC, as growth in US production will offset reduced supplies from Iran and Venezuela, the agency said. Estimated growth in oil demand...

In May, the pessimism of international investors regarding the trade confrontation between the United States and China increased again. The mutual accusations of the parties and promises to increase import duties contribute to the growth of negative sentiment. However, investors are not in a hurry...

Even as the United States and China point tariff guns at each other, the two parties have agreed to continue their talks on trade according to the Chinese government.   US president Donald Trump said he thought most recent negotiation round in Beijing would be successful.   Earlier...

Last Tuesday, the San Francisco City Council began reviewing the bill, which prohibits shops, restaurants, cafes, bars and other retail outlets from denying cash payments. “I consider it unfair that a person who has only cash is refused to buy even a sandwich,” said Supervisor Vallie Brown, who...

The trade war with China was escalated by the United States as it increased import tariffs to 25% on Chinese goods worth $200 billion even as last ditch efforts are being conducted to salvage the ongoing trade talks between the two countries.   However, both Chinese and US trade negotiators...

Will the growth of the world economy suffer from the trade war between Washington and Beijing? This question causes serious concern to many politicians and economists, in particular, the director of the International Monetary Fund. Christine Lagarde believes that "tensions between the United...

Chinese authorities allowed to export used cars to stimulate car sales in the country. According to the Xinhua News Agency, 10 administrative regions, including Beijing and Shanghai, were the first to receive permission to export used cars. The Chinese Ministry of Commerce issued a statement saying...

Iranian authorities have decided to “stop fulfilling certain obligations” of the Joint Comprehensive Action Plan (JCAP). Tehran has already notified ambassadors of Russia, Britain, China, the EU, France and Germany about the decision, Reuters reports. During a speech at a government meeting,...