Tag Archives: Trade

Ex-CIA deputy chief & Republican trade barbs in furious row over security clearance claim (VIDEO)

Former CIA Deputy Director Philip Mudd and GOP strategist Paris Dennard exchanged stinging barbs during a heated debate on CNN over John Brennan’s security clearance being revoked. The verbal cross-fire occurred on Friday when Dennard, a supporter of US President Donald Trump, accused Mudd of profiting from his security clearance, which can give former US intelligence officials access to sensitive ...

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US can’t force trade rules on others, Germany must invest more in Iran – economy minister

Washington cannot dictate trade rules to others, Germany’s economy minister said, adding that his country should be more assertive and defy American sanctions – particularly by investing more in Iran. “We don’t let Washington dictate [their will] on trade relations with other countries,” German Economy Minister Peter Altmaier told Bild newspaper on Saturday. He said the US sanctions on Iran ...

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Trump says anyone trading with Iran will not trade with US as sanctions come into force

Published time: 7 Aug, 2018 09:49 Edited time: 7 Aug, 2018 09:56 US President Donald Trump has warned that any country trading with Iran will “not be doing business with the United States.” The threat comes as sanctions against the country came into effect at midnight. The announcement came via the president’s usual medium of communication, Twitter, where Trump announced ...

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Two German elders trade nursing home for ‘world’s largest’ heavy metal fest

A pair of old German men had been so willing to swap the routine of their nursing home for “world’s largest” heavy metal event, the Wacken Open Air festival, that they had to be evacuated from here with the help of police. Two old gentlemen have disappeared on Friday night from a nursing home in Dithmarschen community in northern Germany, ...

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Chinese tech stocks tumble from more than just trade tensions

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Reports of trade tensions between China and the US in the past few months have been hard to ignore. In early July, the US imposed $ 34 billion on Chinese goods, prompting the Shenzhen Component Index, dominated by technology and consumer product stocks, to ...

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Chinese tech stocks tumble from more than just trade tensions

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Reports of trade tensions between China and the US in the past few months have been hard to ignore. In early July, the US imposed $ 34 billion on Chinese goods, prompting the Shenzhen Component Index, dominated by technology and consumer product stocks, to ...

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General Electric engineer charged with stealing trade secrets encrypted in sunset picture

Xiaoqing Zheng, 55, a US citizen with interests in several Chinese businesses – some state-funded – has been charged with stealing troves of General Electric data using sophisticated encryption. He faces up to 10 years in jail. FBI agents handling the engineer’s case say it is the first time they have seen a suspect using this method of encryption, “uncommon ...

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Wall Street rebounds as US & China hold talks to prevent full-blown trade war

US stocks recovered on Tuesday following the publication of a report that Washington and Beijing are seeking to de-escalate the trade spat that could rock the global economy. Read more All the three key US indices – the Nasdaq, Dow Jones and S&P – were trading in the green zone, all growing just shy of one percent. This happens as ...

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Iran plans launch of national cryptocurrency to ditch dollar in oil trade

Tehran is seeking ways to bypass looming US sanctions by launching a cryptocurrency that would help the Islamic Republic trade oil without using the dollar. “We are trying to prepare the ground to use a domestic digital currency in the country,” Alireza Daliri, deputy for management and investment at the Directorate for Scientific and Technological Affairs, told Iranian news agency ...

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Mexico turns to Russian wheat amid escalating trade spat with United States

Producers of Mexican bread, pasta and flour tortillas are looking for cheaper supplies of wheat from Russia in an attempt to reduce reliance on the US due to an ongoing trade conflict with its northern neighbor. The US market share is currently undergoing a dramatic decline as Mexico, the major purchaser of American grains, is turning to alternative markets amid ...

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