The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
A federal appeals court has ruled that most of the President Donald Trump’s global tariffs were imposed illegally, but allowed them to remain in effect while the case undergoes further review. In
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China has cemented its position as the world leader in rare earth minerals, presenting a formidable challenge to Western efforts to diversify supply chains. According to the Financial Times, the head of
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The Trump Administration is moving ahead with plans to sharply increase tariffs on Indian imports, signaling further strain in U.S.-India trade ties as Washington seeks to pressure Russia into ending its war
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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading chipmaker, is removing Chinese-made equipment from its most advanced 2-nanometer chip production lines to avoid potential disruptions from U.S. regulations, several sources told Nikkei
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Donald Trump’s sweeping tariff measures are set to reduce US budget deficits by $4 trillion over the next decade, according to new projections from the Congressional Budget Office (CBO), the Financial Times
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America could soon claim part of the production of the iconic Swiss Army knife, as Victorinox considers moving some of its operations to the United States in response to heavy import tariffs,
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US Treasury Secretary Scott Bessent said some of India’s wealthiest families benefited from purchases of Russian crude, while reaffirming plans to raise tariffs on the country, Bloomberg reports. In a CNBC interview,
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The Trump administration is weighing a plan to acquire a roughly 10% stake in Intel Corp., a move that could make the United States government the chipmaker’s largest shareholder, according to reporting
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Indian refiner Nayara Energy Ltd. has carried out one of its first ship-to-ship fuel transfers since being hit by European Union sanctions, in an apparent effort to maintain exports despite mounting restrictions,
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Huawei Technologies has introduced a groundbreaking software tool aimed at reducing China’s dependence on costly foreign high-bandwidth memory (HBM) chips, a critical component for powering advanced artificial intelligence (AI) applications. The new
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