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,
Chinese pharmaceutical company Akeso is being celebrated for its groundbreaking success in the global biotech arena, drawing comparisons to the momentous rise of Chinese AI startup DeepSeek. Akeso’s innovative cancer immunotherapy drug,
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What began as a grassroots protest movement against Elon Musk and his influence over American politics has escalated into a wave of violent attacks targeting Tesla showrooms, charging stations, and even individual
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Global trade entered 2025 on stable footing, but mounting challenges could disrupt future growth. According to the latest Global Trade Update from UN Trade and Development (UNCTAD), shifting trade strategies, protectionism, and
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U.S. President Donald Trump has threatened to impose a 200% retaliatory tariff on alcohol imports from the European Union unless the bloc removes its tariff on American whiskey. The announcement, made on
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Global oil prices tumbled to their lowest levels in three years as concerns over weakening U.S. demand and increased crude supply weighed on the market. Brent crude fell below $70 per barrel
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U.S. President Donald Trump has intensified his assault on the international trade system by imposing steep tariffs on major economic partners. On March 3, Trump announced a 25% tariff on imports from
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Taiwan Semiconductor Manufacturing Company (TSMC) has announced a massive $100 billion investment in the United States, marking a strategic move to strengthen its foothold in the American semiconductor industry and avoid potential
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Singapore has charged three men—two Singaporeans and one Chinese national—with fraud over suspected breaches of US export controls on Nvidia semiconductor sales, the government announced Monday. The case involves servers containing Nvidia
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Rising interest rates and uncertainty over immigration policies are further dampening the US housing market, as homeowners delay renovations and home sales. Shares of Jeld-Wen Holdings, a major seller of doors and
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U.S. Treasury Secretary Scott Bessent has called on Canada to follow Mexico’s lead in imposing matching tariffs on Chinese imports, suggesting that such a move could help create a unified trade barrier
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