China, US Officials Engage on Trade While Huawei Row Burns
Top Chinese and American trade officials spoke by phone, signaling that dialogue between the two nations on trade issues is at least continuing despite a diplomatic row over the arrest of a senior Chinese businesswoman China’s Vice Premier Liu He, US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer spoke by phone Tuesday […]
Iran’s Non-Oil Exports Hit over $31bln in 8 Months, Official Says
An Iranian trade official said the value of the country’s non-oil exports in the first eight months of the current Iranian year (began March 21) has exceeded $31 billion. Speaking to the Islamic Republic of Iran Broadcasting (IRIB), the head of the Trade Promotion Organization of Iran, Mohammad Reza Modoudi, said the total value of […]
Trump’s Behavior Has Crushed Human Rights Systems, Says Iran’s Larijani
Iranian Parliament Speaker Ali Larijani deplored US President Donald Trump’s unilateralism and approach to terrorism and said his behavior has also seriously undermined human rights systems in the world. “Today, the president of the United States has created unilateralism that is dangerous and has commercialized human values,” Larijani said in Tehran on Saturday, addressing the […]
Many US-Bound Caravan Migrants Disperse as Asylum Process Stalls
Thousands of Central American migrants spent weeks traveling north through Mexico in caravans, walking and hitching rides when possible, only for many to give up hope and turn back when they met resistance at the US border. Others hopped the border fence, often directly into the hands of immigration authorities on the US side, while […]
Iran’s Nuclear Chief Hopes SPV Will Take Effect by Year-End
Head of the Atomic Energy Organization of Iran Ali Akbar Salehi expressed hope that a special purpose vehicle (SPV) that the European Union has developed to save the 2015 Iran nuclear deal will be in place by the end of December. Speaking to reporters on Thursday, Salehi said Europeans have pledged efforts to implement their […]
US, China’s Desire to Engage in Talks to End Trade War ‘Progress’ – IMF Head
Managing Director of the International Monetary Fund (IMF) Christine Lagarde called the desire of Chinese President Xi Jinping and US President Donald Trump to engage in talks to resolve a trade dispute between the two countries a “significant progress.” “I am not sure, you know, that the objective is a trade agreement. But at least […]
Paris Climate Deal ‘Fatally Flawed’: Trump
US President Donald Trump on Tuesday termed the Paris climate deal “fatally flawed”, citing violent protests in France. “I am glad that my friend @EmmanuelMacron and the protestors in Paris have agreed with the conclusion I reached two years ago,” Trump said on Twitter. “The Paris Agreement is fatally flawed because it raises the price […]
No Oil Exports from Persian Gulf If US Blocks Iran’s: Rouhani
Iranian President Hassan Rouhani shrugged off the US’ plans to cut the Islamic Republic’s oil exports down to zero and said Washington is not able to do so but if that were going to happen, no oil would be exported from the Persian Gulf. “The US should be aware that we are selling our oil […]
Turkey’s Erdogan Slams Venezuela Sanctions, Maduro Defends Gold Exports
Turkish President Recep Tayyip Erdogan on Monday criticized sanctions on Venezuela during a visit to Caracas, while President Nicolas Maduro defended the country’s right to export gold after US sanctions last month targeted its shipments of the metal. Washington has imposed sanctions on Venezuelan officials it accuses of corruption, and on certain financial transactions with […]
Putin says Russia and Saudi Arabia to extend OPEC+ oil pact
Russia and Saudi Arabia agreed to extend into 2019 their agreement to manage the oil market, known as OPEC+, although Moscow and Riyadh have yet to agree on any fresh output cuts. Russian President Vladimir Putin announced the extension after a meeting Saturday on the sidelines of the Group of 20 with Saudi Arabian Crown […]