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,
President Donald Trump has extended a pause on tariffs targeting Chinese goods for another 90 days, delaying a planned tariff increase until November 10 and easing tensions between the world’s two largest
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U.S. President Donald Trump’s tariff policy is designed to bring manufacturing jobs back to American soil, Treasury Secretary Scott Bessent said in an exclusive interview with Nikkei. Speaking 200 days into the
More The US economy expanded at an annualized rate of 3% in the second quarter, marking a strong rebound following a contraction in the first quarter. This growth outpaced economists’ forecasts, which had
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EU and US trade negotiators have been engaged in intense discussions ahead of a critical meeting between US President Donald Trump and European Commission President Ursula von der Leyen in Scotland on
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Malaysia is pushing to lower incoming U.S. tariffs set to take effect on August 1, but negotiations remain fraught as Prime Minister Anwar Ibrahim’s government resists several key demands from Washington, Bloomberg
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A recent Washington Post report details how President Donald Trump’s aggressive tariff strategy is fundamentally reshaping global commerce, sparking widespread disruption across corporate boardrooms and international diplomatic channels. With the average U.S.
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The U.S. President Donald Trump has issued a stern warning to BRICS nations, threatening a 10% tariff on all imports from member states if they continue efforts to challenge the dominance of
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A groundbreaking discovery by Chinese scientists has sent ripples through the global rare earth market, highlighting China’s continued supremacy in this critical sector. The mineral, officially named Huanghoite-(Nd) and colloquially dubbed the
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The European Commission has prepared a series of political “safeguards” to appease France’s powerful farming lobby in a bid to secure final approval for its long-delayed trade agreement with the Mercosur bloc,
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Former U.S. President Donald Trump’s aggressive tariff strategy has delivered a staggering $50 billion boost to U.S. customs revenue — and, so far, triggered only limited retaliation from global trading partners. According
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