Category: Бізнес
France Starts New Chapter in National Debate Aimed to End Yellow-Vest Crisis
17/03/2019
After wrapping up thousands of town hall meetings, France starts a new chapter of its “great debate,” aimed to address longstanding public grievances and offer solutions to the yellow vest protest movement. But the broader crisis lingers, seen with upsurge of violence in Paris Saturday, where about 10,000 yellow vests marked their 18th straight week …
UK Leader to Lawmakers: Back my Deal or Face Lengthy Delay
17/03/2019
British Prime Minister Theresa May warned Sunday that it would be “a potent symbol of Parliament’s collective political failure” if a Brexit delay meant that the U.K. has to take part in May’s European elections — almost three years after Britons voted to leave the bloc. Writing in the Sunday Telegraph, May also cautioned that …
Brazil Reportedly Weighing Import Quota for US Wheat
17/03/2019
Brazil is considering granting an import quota of 750,000 metric tons of U.S. wheat per year without tariffs in exchange for other trade concessions, according to a Brazilian official with knowledge of the negotiations ahead of President Jair Bolsonaro’s visit to Washington. That is about 10 percent of Brazilian annual wheat imports and is part of a two-decade-old commitment to import 750,000 metric tons …
Brazil Reportedly Weighing Import Quota for US Wheat
17/03/2019
Brazil is considering granting an import quota of 750,000 metric tons of U.S. wheat per year without tariffs in exchange for other trade concessions, according to a Brazilian official with knowledge of the negotiations ahead of President Jair Bolsonaro’s visit to Washington. That is about 10 percent of Brazilian annual wheat imports and is part of a two-decade-old commitment to import 750,000 metric tons …
Iran’s Oil Minister Blames US for Market Tensions
17/03/2019
Iranian Oil Minister Bijan Zanganeh said on Saturday that frequent U.S. comments about oil prices had created market tensions, the ministry’s news website SHANA reported. U.S. President Donald Trump, who has made the U.S. economy one of his top issues, has repeatedly tweeted about oil prices and the Organization of the Petroleum Producing Countries. He has expressed concern about higher prices, …
Iran’s Oil Minister Blames US for Market Tensions
17/03/2019
Iranian Oil Minister Bijan Zanganeh said on Saturday that frequent U.S. comments about oil prices had created market tensions, the ministry’s news website SHANA reported. U.S. President Donald Trump, who has made the U.S. economy one of his top issues, has repeatedly tweeted about oil prices and the Organization of the Petroleum Producing Countries. He has expressed concern about higher prices, …
Brexit: What Now?
14/03/2019
Veteran Conservative lawmaker Nigel Evans has been in Britain’s House of Commons for more than a quarter-of-a-century and, like most of his parliamentary colleagues, is stunned at the turn of Brexit events. “I got elected in 1992 and I don’t know if I have known any time more uncertain than now,” he told VOA. He’s …
China Investment Law Fails to Deliver, Raises Concerns
14/03/2019
China’s top legislature is expected to pass the country’s first Foreign Investment Law this week at a time when negotiators from Beijing and Washington work to hammer out a trade deal. Analysts and business groups say the legislation is a step in the right direction, but still falls short. In some ways, they add, it …
Trump Says He is in No Rush to Complete China Trade Deal
14/03/2019
U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. Trump and Chinese President Xi Jinping had been expected to hold a summit at …
Democrats Cool Toward NAFTA Replacement, Question Labor Standards
13/03/2019
Democrats in the U.S. House of Representatives gave a cool reception to the replacement for the North American Free Trade Agreement on Wednesday as the top U.S. trade negotiator opened a campaign to win broad support for the accord in Congress. Several Democrats said a closed-door meeting between United States Trade Representative Robert Lighthizer and …
Spotify Files EU Antitrust Complaint Against Apple
13/03/2019
Spotify has filed a complaint with European Union antitrust regulators against Apple, saying the iPhone maker unfairly limits rivals to its own Apple Music streaming service. Spotify, which launched a year after the 2007 launch of the iPhone, said on Wednesday that Apple’s control of its App Store deprived consumers of choice and rival providers of audio streaming services to the …
Trade Chief: US Working on Steel, Aluminum Tariff Relief for Mexico, Canada
13/03/2019
The United States is working on a plan to lift tariffs from Mexican and Canadian steel and aluminum but preserve the gains that domestic producers have received from the duties so far, U.S. Trade Representative Robert Lighthizer said on Tuesday. “What I’m trying to do is a have a practical solution to a real problem …
Trade Chief: US Working on Steel, Aluminum Tariff Relief for Mexico, Canada
13/03/2019
The United States is working on a plan to lift tariffs from Mexican and Canadian steel and aluminum but preserve the gains that domestic producers have received from the duties so far, U.S. Trade Representative Robert Lighthizer said on Tuesday. “What I’m trying to do is a have a practical solution to a real problem …
Lopez Obrador Rebuts Finance Ministry over $2.5B Mexico Refinery Funding
13/03/2019
Mexican President Andres Manuel Lopez Obrador on Tuesday denied any delay to a flagship refinery project in his home state after the deputy finance minister was quoted as saying $2.5 billion for its construction will be moved to state oil firm Pemex. The planned investment for the Dos Bocas refinery “can go to exploration and …
Lopez Obrador Rebuts Finance Ministry over $2.5B Mexico Refinery Funding
13/03/2019
Mexican President Andres Manuel Lopez Obrador on Tuesday denied any delay to a flagship refinery project in his home state after the deputy finance minister was quoted as saying $2.5 billion for its construction will be moved to state oil firm Pemex. The planned investment for the Dos Bocas refinery “can go to exploration and …
Official: US Plans ‘Very Significant’ Additional Venezuela Sanctions
13/03/2019
The United States is preparing to impose “very significant” Venezuela-related sanctions against financial institutions in the coming days, U.S. special envoy Elliott Abrams said on Tuesday. Abrams did not elaborate on the fresh measures but his warning came a day after the U.S. Treasury imposed sanctions on Russian bank Evrofinance Mosnarbank for helping Venezuelan state …
US Warns of WTO Action Over ‘Discriminatory’ New Digital Taxes
12/03/2019
The U.S. is weighing a complaint at the World Trade Organization against “discriminatory” new taxes on digital giants such as a Facebook and Google which are being planned by France and other EU nations, a top US trade official said Tuesday. “We think the whole theoretical basis of digital service taxes is ill-conceived and the …
China Tweaks Tech Supremacy Plan
12/03/2019
For the first time in recent years, Chinese Premier Li Keqiang’s annual Government Work Report did not mention Made in China 2025, the country’s ambitious plan to achieve high-tech dominance, and that has analysts asking whether Beijing is going to completely overhaul the plan or keep it going quietly behind the scenes. Made in China …
Global Backlash Over Boeing Jet Growing After Deadly Ethiopia Crash
12/03/2019
France, Britain, Germany, Malaysia and Oman are the latest countries to suspend the Boeing 737 Max 8 passenger jet from operating in their respective airspaces, joining a growing list of countries taking precautionary measures involving the plane after its second fatal crash in five months. Airlines in countries across the globe, including China, Turkey, …
Venezuela’s Blackout Halts Oil Exports from Primary Port
12/03/2019
Venezuela’s state-run oil firm PDVSA has been unable to resume crude exports from its primary port since last week’s massive power outage, essentially crippling the OPEC nation’s principal industry, people familiar with the matter said on Monday. Power remained patchy in most of the country after a blackout on Thursday that the government of President …
Eurozone Delays Greece Debt Relief Over Reforms
12/03/2019
Eurozone ministers on Monday held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said. Greece exited its third and final international bailout in August, a turning point in its progress out of the catastrophe that engulfed the country during the financial …
Iran’s Rouhani Signs Trade Pacts in Iraq to Help Offset US Sanctions
11/03/2019
Iraq and Iran signed several preliminary trade deals on Monday, Iraqi officials said, as Iranian President Hassan Rouhani began his first visit seeking to bolster Tehran’s influence and expand commercial ties to help offset renewed U.S. sanctions. The deals, among them a plan to build a railway linking the neighbors, emerged soon after the start …
Parliament Facing Brexit Decisions, More Drama, Deadline
10/03/2019
After months of Brexit deadlock, this is it: decision time. At least for now. With Britain scheduled to leave the European Union in less than three weeks, U.K. lawmakers are poised to choose the country’s immediate direction from among three starkly different choices: deal, no deal or delay. A look at what might happen: …
Powell: Fed Sticks With ‘Wait-and-See’ Approach on Rate Hikes
09/03/2019
Federal Reserve Chairman Jerome Powell said Friday that the healthy U.S. economy and low inflation are allowing the central bank to take a “patient, wait-and-see approach” on interest rates. Speaking at Stanford University, Powell said the Fed is well along in its effort to normalize Fed operations by scaling back the extraordinary efforts it employed …
Powell: Fed Sticks With ‘Wait-and-See’ Approach on Rate Hikes
09/03/2019
Federal Reserve Chairman Jerome Powell said Friday that the healthy U.S. economy and low inflation are allowing the central bank to take a “patient, wait-and-see approach” on interest rates. Speaking at Stanford University, Powell said the Fed is well along in its effort to normalize Fed operations by scaling back the extraordinary efforts it employed …
US Adds Just 20K Jobs; Unemployment Dips
08/03/2019
Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak gain came after employers had added a blockbuster 311,000 jobs …