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,
Russia’s central bank has filed a lawsuit seeking 18.2 trillion roubles ($229.36 billion) in damages from Belgian central securities depository Euroclear, the Moscow court announced on Monday. The suit targets Euroclear because
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Trade negotiators from India and the European Union are no longer confident they can finalize a long-awaited free trade agreement by the end of the year, with discussions stalled over sensitive sectors
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The European Union has agreed to indefinitely freeze Russian central bank assets held in Europe, removing a major political and legal hurdle to using the funds to support Ukraine’s defense against Russia,
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The U.S. trade deficit narrowed sharply in September to its lowest level in more than five years, fueled by a jump in exports and only modest growth in imports, according to data
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Russia’s oil export revenues fell sharply in November, hitting their lowest monthly level since the Kremlin launched its full-scale invasion of Ukraine in 2022, according to new data released Thursday by the
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U.S. farmers bracing for steep losses this year offered cautious thanks for President Donald Trump’s newly announced $12 billion aid package, but many told Reuters the support barely scratches the surface of
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A series of lawsuits filed Wednesday in Dallas accuses leading semiconductor companies—including Intel Corp., Advanced Micro Devices Inc., Texas Instruments Inc., and a Berkshire Hathaway-owned distributor—of allowing their technology to end up
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China’s Premier Li Qiang warned on Tuesday that the “mutually destructive consequences of tariffs have become increasingly evident” over 2025, during a “1+10 Dialogue” attended by heads of the IMF, World Trade
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China’s trade surplus has exceeded $1tn for the first time, marking a watershed moment for the global economy as Beijing’s manufacturing engine powers ahead despite intensifying geopolitical tensions and slowing demand in
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Global economic growth is set to remain sluggish over the next two years as trade tensions, geopolitical uncertainty and limited investment—outside of artificial intelligence—continue to weigh on the world economy, according to
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