TRADE WARS

News About World Trade

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Markets tumble as inflation fears haunt trading floors
May 11, 2021 (AFP)
All eyes are on the release this week of crucial data on US retail sales and consumer prices, with expectations for a sharp rise as the world's top economy reop...
Sri Lanka gets $500m South Korean loan after Chinese bailout
May 10, 2021 (AFP)
The government said South Korea agreed to provide the loan at a concessional interest rate of 0.15 to 0.20 percent, repayable over 40 years with a 10-year grace...
G7 must invest $10 trillion for sustainable recovery: report
May 10, 2021 (AFP)
As rich countries, still reeling from a pandemic that saw global GDP drop four percent in 2020, transition from rescue to recovery, investment must flow in the ...
EU-China investment deal 'not exactly a deal'
May 07, 2021 (AFP)
"I will be very honest with you, this deal was not exactly a deal," Thierry Breton, France's representative to the EU executive told the Atlantic Council think ...
Asian markets rally on US outlook, iron ore at record high
May 07, 2021 (AFP)
And in a further sign that the global reflation trade is on track, iron ore prices hit an all-time high, while copper -- a yardstick of economic health -- is ju...
China's exports top forecasts, imports growth best in 10 years
May 07, 2021 (AFP)
With vaccines being rolled out around the world -- particularly in the key US market -- and economically painful lockdowns being eased, demand for China's goods...
Most Asian markets lifted by recovery optimism
May 06, 2021 (AFP)
The White House's support for a global waiver on patent protections for Covid vaccines also provided some cheer as it lifted hope for a speedier recovery in poo...
From cod to scallop wars: Brexit reignites UK fish fights
May 06, 2021 (AFP)
- The cod wars - The long-running "Cod Wars" between Britain and Iceland began in 1958 and broke out again in 1972 and 1975. The violent clashes saw Royal Navy ...
Biden says US must invest because China 'eating our lunch'
May 06, 2021 (AFP)
Speaking in deep-Republican Louisiana, Biden pitched his $2.3 trillion infrastructure proposal as a way to secure US preeminence on the global stage as much as ...
China suspends economic accord with Australia
May 06, 2021 (AFP)
Relations between the two sides have collapsed into acrimony after Canberra called for an independent probe into the origins of the coronavirus pandemic and ban...
G7 ends talks with criticism of China, Russia, Iran
May 05, 2021 (AFP)
Foreign ministers from hosts Britain, plus the United States, France, Germany, Italy, Canada and Japan also called on Tehran to release foreign and dual nationa...
Asian markets swing after Yellen spooks Wall St, eyes on US jobs
May 05, 2021 (AFP)
The comments appeared to be a deviation from the united front top officials have put up in trying to reassure investors that the Federal Reserve's ultra-easy mo...
EU beefs up powers to control China investment
May 05, 2021 (AFP)
The new rules, once approved by member states and European Parliament, will give EU competition authorities fresh abilities to probe foreign companies seeking t...
In first, WTO names women to half of deputy chief posts
May 04, 2021 (AFP)
The new director-general -- herself the first woman and the first African to lead the WTO -- appointed Angela Ellard of the United States and Costa Rica's Anabe...
State Dept. reaches $13M deal with Honeywell over export allegations
May 04, 2021 (UPI)
The settlement resolves 34 charges the State Department leveled against the company for disclosing dozens of engineering prints showing dimensions, geometries a...
EU China investment deal on ice after sanctions; As G7 seeks common position
May 04, 2021 (AFP)
"We now in a sense have suspended... political outreach activities from the European Commission side," EU Executive Vice President Valdis Dombrovskis told AFP i...
Blinken in UK as G7 foreign ministers resume in-person talks
May 03, 2021 (AFP)
The Covid-secure gathering in London will prepare the ground for a G7 summit in southwest England next month, which will mark Joe Biden's inaugural visit to Eur...
Hong Kong ends longest recession in decades
May 03, 2021 (AFP)
The international financial hub has been battered the last two years by a triple whammy of the US-China trade war, months of social unrest and then the coronavi...
Asian markets mostly down as inflation concerns persist
May 03, 2021 (AFP)
With bourses closed in Japan and China for holidays most of the week, traders were easing back from their recent buying frenzy while there are also concerns tha...
Keeping it real: appraisers sift China second-hand luxury market for fakes
May 02, 2021 (AFP)
Enter the "luxury appraiser", an eagle-eyed diffrentiator of real from fake, trained to triage handbags, belts and garments for dodgy serial numbers, stitching ...
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