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,
British goods exports to the United States suffered their sharpest monthly fall on record in April, tumbling by £2 billion from the previous month to just £4 billion, according to figures released
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Central Huijin, the state-owned investment arm of China’s sovereign wealth fund, has emerged as a dominant force in the country’s financial markets, following an unprecedented surge in interventions aimed at supporting the
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Leading American corporations, including Apple, Intel, and Nike, are pressuring the US government to lower tariffs on Vietnamese goods, warning that steep duties threaten a critical supply chain partner in Asia and
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The European Union is pressuring China to ease new restrictions on rare earth exports, warning that the bloc’s automotive industry faces an “alarming” supply crisis that could lead to factory shutdowns across
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The global economy is on course for its weakest growth since the COVID-19 pandemic, as a resurgent U.S. trade war under President Donald Trump triggers a downturn across leading economies, according to
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European Union leaders are calling for swift negotiations with U.S. President Donald Trump to avoid a looming transatlantic trade conflict, according to reporting by the Financial Times. The urgency comes after Trump
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The decade-long shale boom that made the United States the world’s top oil producer is showing signs of faltering as Donald Trump’s renewed trade tariffs and falling crude prices squeeze the industry’s
More After a brief spell of optimism, investors and business leaders were reminded Friday that the President Donald Trump’s trade policies remain as unpredictable and aggressive as ever. As originally reported by Bloomberg,
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China is escalating its global diplomatic and economic campaign in response to a new wave of U.S. tariffs introduced by former President Donald Trump under his “Liberation Day” policy. As Washington reasserts
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Japan’s Nippon Steel has dramatically raised its investment commitment in US Steel to $11 billion in a bold effort to win over former President Donald Trump and secure approval for a politically
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