Friday, April 16, 2021
WASHINGTON (Reuters) - The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East. FILE PHOTO: Iranian rials, U.S. dollars and Iraqi dinars are seen at…
President Donald Trump teased a prospective trade deal with China on Friday, but many analysts are skeptical the trade war is going to end anytime soon. Trump told reporters before leaving the White House that the US is "close to doing something" with China to ease the ongoing trade war between the two countries. "I…
“If I were a Republican politician, I would be shouting about it,” Mr. Shepherdson said, “but there’s no way that growth is going to continue.” Manufacturing sectors in China, in particular, and Europe are weakening sharply, he said. The commentary accompanying the release of the manufacturing index this week, he said, was “tariffs, tariffs, tariffs.”…
Image copyright AFP Image caption President Trump began reinstating sanctions on Iran in May The Trump administration is to reinstate all US sanctions on Iran removed under the 2015 nuclear deal.The White House said it was "the toughest sanctions regime ever imposed on Iran" and targeted Iran's energy, shipping and banking sectors. However, eight countries…
LONDON (Reuters) - A deal that would give London’s vast financial services hub basic access to European Union markets after Brexit is nearly done, a British official said. Canary Wharf skyline and the City of London can be seen from the Sea Containers building in London, Britain, October 11, 2018. REUTERS/Henry Nicholls Such a deal…
The top cyber and communications spy in Australia has explained why Huawei and ZTE have been barred from the country's 5G network and China is unimpressed. Mike Burgess, the director-general of the Australian Signals Directorate, said in Canberra on Monday that the ban on Chinese telecom firms like Huawei Technologies and ZTE was in Australia's…
President Donald Trump rarely brags about the stock market on Twitter these days. He has instead turned to other issues during the market's sharp correction, one that's wiped out gains for the year just weeks before the crucial midterm elections. Earlier in 2018, when it seemed like stocks were hitting all-time highs on an almost…
BEFORE SETTING the budget each year, Britain’s chancellor of the exchequer is given a revised set of fiscal forecasts by the Office for Budget Responsibility (OBR), the official fiscal watchdog. In recent years the chancellor has looked through his fingers as he turned the pages: time and again since the financial crisis of 2008, Britain’s…
BERLIN — Chancellor Angela Merkel of Germany on Monday took her first concrete steps to move away from political life, saying she would give up leadership of her conservative party while vowing to finish out her term as chancellor until 2021. Ms. Merkel made her announcement, in a meeting of conservative leaders, after two disastrous…
Here's an official Bolt press picture from Chevy. On Friday, General Motors wrote to the Trump Administration in support of a national zero-emissions vehicle (ZEV) program, which would require seven percent of automakers' sales to be zero-emissions by 2021. That percentage would increase by two percent per year until reaching 25 percent in 2030. The…