TAG
Global trade
UK court to hear Uyghur demands to ban Xinjiang cotton
LONDON ((DailyNews)) — A Uyghur organization and a human rights group are taking the U.K. government to court to challenge Britain’s failure to block...
Biden targets Nicaragua’s gold in new move against Ortega
MIAMI ((DailyNews)) — The Biden administration is ratcheting up pressure on President Daniel Ortega’s authoritarian rule in Nicaragua, threatening a ban on Americans from...
World faces tension with China under Xi Jinping’s third term
BEIJING ((DailyNews)) — The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping, the country’s...
‘Bad situation’: Soaring U.S. dollar spreads pain worldwide
The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to...
US businesses propose hiding trade data used to trace abuse
A group of major U.S. businesses wants the government to hide key import data -- a move trade experts say would make it more...
OPEC+ makes big oil cut to boost prices; pump costs may rise
FRANKFURT, Germany ((DailyNews)) — The OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support sagging oil prices, a move that...
Russia smuggling Ukrainian grain to help pay for Putin’s war
BEIRUT ((DailyNews)) — When the bulk cargo ship Laodicea docked in Lebanon last summer, Ukrainian diplomats said the vessel was carrying grain stolen by...
Allies aim for risky Russian oil price cap as winter nears
WASHINGTON ((DailyNews)) — U.S. officials celebrated in early September when top allies agreed to back an audacious, never-before-tried plan to clamp down on Vladimir...
What the war in Ukraine means for Asia’s climate goals
NEW DELHI, India ((DailyNews)) — The queues outside petrol pumps in Sri Lanka have lessened, but not the anxiety. Asanka Sampath, a 43-year-old factory...
‘Big impact’: UK economic chaos, pound plunge hit businesses
LONDON ((DailyNews)) — Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip...