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U.S., China Trade War Begins

U.S., China Trade War Begins The world’s two biggest economies triggered an all-out trade war Friday as U.S. tariffs on $34 billion in Chinese imports took effect, with Beijing vowing to respond immediately in kind. China’s commerce ministry said in a statement shortly after the deadline...

EU, Japan Plan Against U.S. on Tariffs

  EU, Japan Plan Against U.S. on Tariffs Trade chiefs from countries of the European Union (EU) and Japan are holding talks concerning the decision by U.S. President Donald Trump to impose tariffs on steel and aluminum. The meeting has been scheduled amid fears the...

Oil Prices Rebound, Glut Persists

Oil markets edged higher on Tuesday on expectations that at least some planned production cuts would be implemented, making a slight recovery from big losses the previous day over doubts the agreed reductions would rebalance an oversupplied market. According to Reuters, Brent crude futures, the...

U.S. Invests $50m in Niger Drone Base for Counter-terrorism

The United States is investing at least $50 million in a military air base in Nigeria’s northern neighbour, Niger Republic that will be capable of deploying drones. The U.S. already has a presence in the capital Niamey, where it shares an airbase with France’s anti-Islamist...