Global Trade
Iran turns Strait of Hormuz into strategic pressure tool
The Strait of Hormuz is one of the world’s most critical geopolitical chokepoints. Nearly one-fifth of global oil trade, about 21 million barrels, passes through per day.
Fentanyl is a US problem, they must deal with it instead of threatening others with tariffs, says China
As per the white paper issued by the Chinese in March, the country has already initiated large-scale efforts to stop the trade of fentanyl and even offered more support.
China and US agree to cut tariffs imposed in April
The agreement was an acknowledgment of the significance of their trade for mutual economic development and the health of the global economy, the joint statement says.
China’s trade deals to the east and west rewrite the rules
Vijay Prashad of Tricontinental: Institute for Social Research and John Ross, Senior Fellow Chongyang Institute for Financial Studies, Renmin University of China, discuss the RCEP and EU-China trade deals
- Brazil approves end to 6×1 work schedule and reduction of the work week to 40 hours
- Israel kills 31 people in Lebanon on the eve of Eid al-Adha
- Israel carries out sixth consecutive Eid massacre in Gaza
- Far-right Janez Janša to return for fourth government term in Slovenia
- With peace deal nearly final, US launches fresh attacks on Iran
