Rising US interest rates, tanking emerging market currencies and a bitter US-China trade spat could push the world towards its next financial crisis but there is still time to avert disaster, global finance chiefs have said.
The disappearance of Saudi journalist Jamal Khashoggi has hardened resistance in the U.S. Congress to selling weapons to Saudi Arabia, already a sore point for many lawmakers concerned about the humanitarian crisis created by Yemen’s civil war.
A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company.
The IMF has cut its global economic forecast for 2018 and 2019, citing above all rising import tariffs between the US and China. A fall in trade volumes and manufacturing orders could hit Germany particularly hard.
Chinese stocks took a hammering Monday as traders returned to work after a weeklong holiday in the world’s second-largest economy.
President Trump’s ability to wangle a new deal from NAFTA partners Mexico and Canada will give the White House leverage to take a harder line in the escalating trade war with China, administration backers said Monday.
The revised trade agreement between Canada, Mexico and the U.S. should buoy automotive manufacturing in North America and give the Trump administration heightened leverage in its trade negotiations with China.
Key consumer tech products have so far mostly escaped the heat of the ongoing trade war. But if U.S. President Donald Trump makes good on his threat to impose tariffs on the full range of Chinese imports into his country, it could hit that sector hard, experts said.
The United States is pulling some of its anti-aircraft and missile batteries out of the Middle East, the Wall Street Journal reported on Wednesday, citing US military officials.
The Vatican on Saturday signed a landmark agreement giving it a long-desired say in the appointment of bishops in China, though critics labeled the deal a sellout to the Communist government.
Ethnic Wa rebels this month shut down churches or destroyed their buildings and temporarily detained several clergymen in eastern Burma (Myanmar), sources said.
Palestinian Authority President Mahmoud Abbas will host a conference on the sidelines of the United Nations General Assembly this week to review ways to torpedo the Trump administration’s plan for Israeli-Palestinian peace, Israeli television reported Monday.
Five world powers and Iran agreed late Monday to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of sanctions.
A Chinese military agency and its director are facing U.S. sanctions over the purchase of Russian weapons, the State Department announced Thursday.
The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world’s two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires.
This summer, Christians in China are experiencing an escalating wave of persecution unseen since Mao’s Cultural Revolution.
The world’s strongest storm this year, Typhoon Mangkhut, continued its path of destruction across Southeast Asia over the weekend, reaching mainland China on Sunday afternoon after pummeling Hong Kong and killing dozens in the Philippines.
Countries across south-east Asia are issuing emergency alerts and thousands are being evacuated as two typhoons barrel down on the region.
The Chinese government is destroying crosses, burning bibles, closing churches and forcing Christian believers to sign papers renouncing their faith as the crackdown on religious congregations in Beijing and several provinces intensifies.
Intelligence agencies investigating mysterious suspected sonic attacks on US diplomats in Cuba and China believe that Russia is the main suspect, officials told NBC news on Tuesday.