Tag Archives: Warns

'Trade war to produce only losers,’ French minister warns US

French Finance Minister Bruno Le Maire has bashed a recently started “trade war,” warning that no one will benefit from it. He said France will not negotiate a free trade agreement with the US while its tariffs are in force. “We refuse to negotiate with a gun to our head,” Le Maire told reporters on the sidelines of the G20 ...

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War with Iran would be 'mother of all wars,' Rouhani warns US

Iranian President Hassan Rouhani has warned the United States against provoking Tehran, saying that conflict with the country would be “the mother of all wars.” “Don’t play with the lion’s tail, this would only lead to regret,” the Iranian leader said while speaking to Iranian diplomats on Sunday, local news agencies reported. “The Americans must understand well that peace with ...

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Zuckerberg warns break-up of Facebook will lead to Chinese tech dominance

Calls to break up Facebook in order to even out the playing field for competitors would result in a Chinese tech companies filling the void, said the social network’s co-founder Mark Zuckerberg. He pointed to the fact that the Chinese firms which will likely step in and dominate don’t have traditional American values. “I think you have this question from ...

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US trade war could cost global economy $430 billion, IMF warns

The risk of current trade tensions escalating further is the greatest near-term threat to global growth, said the International Monetary Fund (IMF) in its latest World Economic Outlook report. “Our modeling suggests that if current trade policy threats are realized and business confidence falls as a result, global output could be about 0.5 percent below current projections by 2020,” the ...

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Germany warns Trump against ‘unilateral deals’ with Russia ahead of talks with Putin

The German foreign minister has joined a number of anxious Western politicians in offering advice to Donald Trump ahead of the US president’s summit with Vladimir Putin, warning him against making “unilateral deals” with Russia. “Unilateral deals at the expense of allies will harm the United States, too. The one who hits his partners risks losing eventually,” Heiko Maas told ...

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‘If Iran can't export oil no-one in Middle East will,’ Tehran warns

Iran has once again threatened to block the Strait of Hormuz, a vital artery for oil coming from the Middle East. The latest warning was issued by the supreme leader’s senior adviser for international affairs, Ali Akbar Velayati. Read more “The most transparent, complete and prompt response was given by Mr [Hassan] Rouhani, the Iranian president, in his last trip ...

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Trump warns NATO allies US can ‘do our own thing’ if 2% spending goal not met – reports

US President Donald Trump has reportedly told NATO allies that the US would do their “own thing” if members didn’t up defense spending to 2% of GDP despite reaffirming Washington’s commitment to the bloc. The not-so-veiled threat was reported by NATO officials and diplomats inside an unscheduled crisis meeting of the alliance on Thursday morning, according to Politico.  Further sources ...

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US-China trade war a warm-up for global financial crisis, warns investor Mark Mobius

Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. Read more “There’s no question we’ll see a financial crisis sooner or later because we must remember we’re coming off from a period of cheap money. “There’s going to be a real squeeze for many of these ...

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US ‘stands ready’ to keep Gulf open as Tehran warns of ‘consequences’ if Iran's oil exports hampered

The US military declared it “stands ready” to keep waterways open in the Persian Gulf, after the Iranian President warned of “consequences” if Washington tried to reduce Tehran’s oil exports. Captain Bill Urban, a spokesman for US Central Command (Centcom), said on Wednesday that the US Navy and its regional allies will ensure the Persian Gulf is open, and stand ...

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Gun violence & expensive healthcare: China warns tourists about perils of traveling to US

Chinese tourists traveling to the US should be ever vigilant as gun violence and robberies are rampant, healthcare is expensive and natural disasters can occur at any moment, China’s Washington embassy has warned. Shootings, robberies and theft are commonplace in US cities as law and order “is not good” there, the embassy cautioned in newly released travel advice. Diplomats there ...

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