President Trump threatened Iran with severe retaliation Wednesday after the U.S. military claimed Iranian ships had made ‘dangerous and threatening approaches’ toward American navy vessels in the Persian Gulf last week.
U.S. crude oil futures plunged to a historic low of below $0 on Monday. Desperate traders paid to get rid of that fossil fuel amid a coronavirus-induced lack of global demand.
The U.S. Supreme Court announced that it will hear oral arguments by telephone for the first time since it first convened in 1790.
A new report shows the “dramatic reversal” of a five-year trend as US companies commanded a considerably larger share of manufacturing in 2019 than the 14 Asian exporters that were tracked for the study. According to the seventh annual Reshoring Index report by global manufacturing consulting firm Kearney, Chinese exporters suffered the greatest losses.
Blue & White and Likud on Wednesday accused each other of stalling the negotiations to form a unity government and backing out of agreements.
The Brexit trade deal will face greater challenges ahead as British Prime Minister Boris Johnson is now in intensive care because of the coronavirus, while other key negotiators have either been infected or are in self-isolation.
As countries struggle to contain the new coronavirus outbreak, a global fight has emerged over dwindling medical supplies. The tensions even led to growing competition for medical goods between the United States and its traditional European allies. Take Germany. The local government in the German state and capital, Berlin, claims that 200,000 U.S.-made protective masks bound for Germany never arrived. Authorities say the shipment was ‘confiscated’ in Bangkok, Thailand.
Iran’s theocratic regime could crumble under the pressure of the coronavirus outbreak that has spread through elite ranks and the broader population alike, according to the European Union’s top diplomat.
The coronavirus crisis has brought another first to U.S. financial markets — negative yields on government debt.
The Trump administration announced on Friday a ban on recreational and tourist travel at the U.S.-Mexico border as a precaution to prevent the spread of the coronavirus.
The U.S. and Canada will close their border to non-essential traffic to limit the spread of the novel coronavirus.
At the close of business Friday, the Dow Jones Industrial Average was up 1,985 points to 23,186, nearly recouping Thursday’s more than 2,300-point loss. The S&P 500 gained 228 to 2,709 and the Nasdaq Composite was up by 672 points to 7,874.
The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.
Syrian government forces entered parts of a strategic rebel-held town on Monday, and Turkey said it would keep hitting President Bashar al-Assad’s troops after ramping up operations in its biggest intervention yet into the Syrian civil war.
Long-awaited trade talks between the European Union and Britain kicked off Monday amid deep tensions over Prime Minister Boris Johnson’s threat to walk away from the negotiations if not enough progress is made within four months.
As part of an agreement with the Palestinian Authority (PA) and the IDF Coordination of Government Activities in the territories (COGAT), Israel allowed the entry of cattle and other goods into the Palestinian territories, according to a COGAT press release.
The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy.
Israel and the Palestinian Authority on Thursday appeared to have come to an agreement to end a major trade dispute in which both sides placed sweeping restrictions on some of each other’s goods.
Locusts swarming across eastern Africa have now made their way out of the continent, into the Middle East, and as far as India, Pakistan, and China, though authorities in east Asia say they are not yet worried about the locusts coming further inland.
PM Netanyahu and Economy Minister Eli Cohen appealed to the British government to include Judea and Samaria, the Golan Heights and Jerusalem in the free trade agreement between the two countries, which will come into effect with the completion of Brexit – Britain’s withdrawal from the European Union – in 2021.