Thursday, May 16, 2024
U.S. President Donald Trump pushed forward Thursday with his plan to impose a 25% tax on steel imports and a 10% tax on aluminum imports, sparking outrage and fears of a global trade war. Against stiff opposition from his own party, Democrats and big business, Trump argues the policy will...
The Canadian government is allowing at least one Canadian company to skirt sanctions and do business with Russians listed on the Canadian sanctions list, government documents obtained by Vice News show. The documents, obtained using access to information laws, include a permit signed by Foreign Affairs Minister Chrystia Freeland allowing...
Brazil but will not take U.S. Sanctions into account when considering possible new projects with Russia despite respecting international decisions, the country’s Secretary Of Oil, Natural Gas and Biofuels Marcio Felix Carvalho said on the sidelines of the CERAWeek conference in Houston on Wednesday. "No," Carvalho said when asked whether...
U.S. President Donald Trump's former campaign chief has pleaded not guilty to the latest set of criminal charges brought by the U.S. special counsel investigating Russian interference in the 2016 election, CNBC reported. Paul Manafort, who entered the plea on March 8, faced a second set of bank and tax...
The Western Balkans have become one of the regions in which Russia has increasingly sought to (re)assert its presence in the past decade, a new report by Bulgarian think-tank Center for the Study of Democracy (CSD) says. In an attempt to improve the understanding of the impact of the interplay between...
Russia’s import substitution is a ‘temporary phenomenon, a temporary tool for adjusting the current situation’, President Vladimir Putin said on Wednesday, according to TASS. "The idea of import substitution itself is not universal and is not what we should strive for in the long run, because import substitution should not...
Russia has become much more conservative about its finances, fortifying them partly in order to withstand international sanctions, Quartz writes. Credit rating agency Standard & Poor’s raised Russia’s rating to investment grade last month citing the nation’s “prudent policy response,” which has helped it cope with international sanctions and lower oil prices....
Chinese Foreign Minister Wang Yi said on Thursday that a possible trade war caused by the United States would only harm all sides, while threatening that China will “respond as necessary,” Reuters reported. U.S. President Donald Trump is expected to impose tariffs of 25 percent on imported steel and 10 percent...
Albania's main opposition group, the Democratic Party, has been drawn into the Russian meddling scandal, after a report by U.S. media outlet Mother Jones said that the group was connected to both a former Trump campaign aide and Russia-controlled companies. The ultimate suspicion is that Russians covertly used Republicans in...
Gary Cohn, the top economic adviser to the U.S. President, resigned on Wednesday over his differences with Trump on his controversial trade policies, in yet another strike to the White House that has seen a series of high-profile departures. 57-year-old Cohn, who is a former Goldman Sachs executive resigned as...