Russian President Vladimir Putin said he’s ready to discuss crude oil prices and other energy issues at a face-to-face meeting with US leader Donald Trump. Both Russia and the US are top global oil producers and consumers, Putin said in an interview with state-owned Rossiya 24 TV. Price movements in the commodity impacts both economies,…
President Donald Trump sought to dial up pressure on President Vladimir Putin to negotiate a deal to end Russia’s war on Ukraine by indicating he’s seeking to partner with China to try to reach a settlement. “Hopefully China can help us stop the war,” Trump said during a video address at the World Economic Forum…
In a virtual speech broadcast to world leaders at Davos, US President Donald Trump today put forward several pledges for his second term, including promises to battle government spending, “economic chaos” and increased public borrowing. He also spoke about trade, and said he would use tariffs to reshore manufacturing in America – adding that levies…
President Donald Trump stepped up pressure on Russia to negotiate an end to the war in Ukraine, and threatened financial penalties on the country if it refuses to conclude fighting swiftly. In a Truth Social post on Wednesday, Trump said Russian President Vladimir Putin should make a deal “soon,” or else he would “have no…
China’s record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes actually fell. Now that Chinese demand is flattening, Mongolia could be best placed to hold or even grow its market share in its southern neighbor at Russia’s expense. Source link
By Lili Bayer BRUSSELS (Reuters) – The European Union is considering a step-by-step suspension of multiple economic sanctions targeting Syria as it seeks to support the country’s transition, while retaining some leverage, according to two internal documents seen by Reuters. EU foreign ministers are expected to discuss suspending some Syrian sanctions during a meeting in…
A multi-nation survey published last week found a significant decline in the proportion of Ukrainians who believe they can beat Russia’s invasion. Small wonder. For Kyiv, 2024 was a nightmare, created in large part by a collapse of the early war’s winning formula: the matching of Ukrainian motivated manpower to sophisticated Western arsenals. So does…
Donald Trump’s return to power has investors sweating over which Chinese companies will be targeted by US sanctions or trade restrictions. A long-ignored Pentagon watch list is now drawing the attention of traders seeking clues about who might be next. The appearance of several prominent Chinese firms on the list of companies the US believes…
Russia faces increasing difficulty shipping commodities to China through its vast eastern rail network, a sign of the growing economic challenges stemming from war and sanctions, despite the Kremlin’s assurances that all is well. Russian Railways JSC — the state-owned carrier responsible for all rail transport throughout the country — last week approved a 30%…
Advanced Micro-Fabrication Equipment Inc. has been removed from the US Department of Defense’s list of Chinese military companies, doing away with what the firm describedBloomberg Terminal as an “irrational” designation. The producer of chipmaking equipment was placed on the Pentagon’s blacklist, which doesn’t carry specific sanctions but tends to discourage US firms from trading with…