U.S.-EU Trade Talks Stumble, Threatening New Trade War Front

Even though President Donald Trump held fire earlier this month on auto tariffs that have the potential to further roil Europe’s struggling economy, a litany of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun.

Saudi Arabia says 2 oil tankers damaged by sabotage attacks

Saudi Arabia said Monday two of its oil tankers were sabotaged off the coast of the United Arab Emirates in attacks that caused ‘significant damage’ to the vessels, one of them as it was en route to pick up Saudi oil to take to the U.S.

US deployments across Mideast factor in Iran tensions

A U.S. aircraft carrier strike group rushes toward the Persian Gulf. Decades-old B-52 bombers rumble down runways at desert air bases. The Pentagon, meanwhile, routes a Patriot missile battery and an amphibious supply ship to return to the region.

IMF: Iran Inflation Could Reach 40 Percent Amid Sanctions

Iran’s economy is expected to shrink by six percent this year and inflation could reach 40 percent, the International Monetary Fund (IMF) forecasts, as the country copes with the impact of tighter U.S. sanctions.

China Plastic Waste Ban Throws Global Recycling into Chaos

From grubby packaging engulfing small Southeast Asian communities to waste piling up in plants from the US to Australia, China’s ban on accepting the world’s used plastic has plunged global recycling into turmoil.

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