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Asia factories hit by tariff shock and softer demand — what pushed activity down and what’s next 09/01/2025

India and China edge toward détente as diplomacy, economics and pragmatism drive thaw 09/01/2025

ExxonMobil expects global oil production to decline by 15% per year without new investment 09/01/2025

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World & Politics

US Intelligence Detects New Activity At Its Missile ICBM Factory: Reports

Despite continuing talks and negotiations with multiple parties over its denuclearization and missile programs, it has bene reported that construction is being carried out by North Korea at the factory where the rouge nation’s first intercontinental ballistic missiles capable of reaching the US was...

Italian Prime Minister supported Donald Trump

During a meeting with Donald Trump in the White House, the Italian Prime Minister acted as a supporter of US policy in the heart of the European Union. During his first meeting with Donald Trump at the White House, Italian Prime Minister Giuseppe Conte expressed support for the views of the US...

‘Adequate Food Supply’ Is The Contingency Plan In Case Brexit Deal Fails

The Brexit Secretary answers a parliamentary committee and reveals his preparations. According to the reports from Reuter, the government of Britain stated that it will be ensured that the country receives adequate supply of food if Britain fails to land upon an “exit deal” with the European Union,...

Saudi Arabia suspends oil exports through the Bab-el-Mandeb strait

Saudi Arabia has decided to suspend oil exports through the Bab-el-Mandeb strait after an oil tanker in the Red Sea was attacked by rebels from Yemen, said Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid A. Al-Falih. "The Kingdom will immediately suspend all oil supplies...

Ireland pledges to stop investing in fossil fuels

Ireland will become the first country in the world to stop public investment in fossil fuels. The bill on the seizure of capital investments from non-renewable natural resources was supported by the lower house of the Irish Parliament. It is expected that the bill will pass through the upper...

Germany asks to return € 4 thousand subsidies for the purchase of Tesla

The authorities of Germany asked to return the subsidies given for the purchase of Tesla Model S until March 2018, noting that operation of the subsidies will be resumed in the future. The Federal Office for Economics and Export Control of Germany (BAFA) appealed to buyers who purchased Tesla Model...

Was Trump's visit to the UK the last straw?

It seems that times when there were special relations between Great Britain and its former colonies in the New World have irretrievably gone. Of course, Tramp didn’t start it, but still made a significant contribution. He has repeatedly stressed that London does not need to count on some advantages...

Prime Minister May Could Alter Brexit Strategies, Said Ress-Mogg

The present Brexit plans of May could endanger Britain-U.S. trade future, agrees Ress-Mogg. A “eurosceptic lawmaker” presenting Prime Minister of Britain, Theresa May’s Conservative Party was quoted for criticising the Prime Minister for her plans of retaining “close trade” bonds with the EU bloc,...

Le Maire: The US refused to release France from anti-Iran sanctions

The United States rejected a request of Paris to release French companies operating in Iran from sanctions. This was stated by French Finance Minister Bruno Le Maire in an interview with Le Figaro. Paris identified key areas where it expected either the release or the extension of activity...

One Belt, One Road is facing difficulties around the world

Consulting company RWR Advisory Group says that at the moment 14% or 234 of the 1,674 China-funded infrastructure projects in the OBOR, which covers 66 countries on several continents, have faced various kinds of serious obstacles. Most of them hampered by public dissatisfaction in the countries in...