ZTE Gets Lifeline from Trump, Xi U.S. President Donald Trump has said that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp “a way to get back into business, fast.” “President Xi of China, and I, are working together to...

World Bank’s Share Capital Now $13 billion World Bank shareholders have approved an increase in the bank’s lending capacity after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said...

China’s ZTE Groans Under American Ban China’s ZTE Corp has said that an American ban on the sale of parts and software to the company was unfair and threatens its survival. However, the company vowed to safeguard its interests through all legal means. The United States this...

NDIC Gets US Commendation on Capacity Building The Office of Technical Assistance (OTA) of the United States Department of Treasury has commended the Nigeria Deposit Insurance Corporation (NDIC) on the establishment of a world class academy that serves as a reference point for capacity building...

Trump’s China Threat Shakes Stock, Oil markets Crude oil and global equity markets tumbled last Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world...

Trump Considers $100b More Tariffs on China Goods President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, again intensifying up tensions with Beijing. Trump said in a statement the further tariffs were being considered...