Chevron is deepening its commitment to Venezuela at a moment when the country’s long-neglected oil industry is being repositioned as a major target for international investment. The US energy major plans to invest more than $7 billion over five years… Read More ›
The latest escalation in the Canada-US trade dispute is exposing a basic reality of tariffs: the financial burden does not stop at the border. Although governments impose tariffs on imported goods, the eventual cost can be divided among importers, manufacturers,… Read More ›
Canada’s decision to recruit 64 internationally recognised researchers, including 48 based at American institutions, represents more than a conventional university hiring campaign. It is a calculated attempt to use a period of uncertainty in the United States to strengthen Canada’s… Read More ›
Europe is entering the final months before winter with natural gas inventories well below levels seen in recent years, increasing the possibility of higher prices if supplies remain constrained or temperatures become unusually cold. European Union storage facilities were around… Read More ›
The United States is considering another round of tariffs on semiconductor imports, according to a report based on people familiar with discussions inside the administration. The proposal could extend beyond individual chips to products that contain semiconductors, including laptops, gaming… Read More ›
Six months into the Middle East war, financial markets have absorbed a shock that initially appeared capable of triggering a much broader global crisis. The conflict disrupted oil production, restricted shipping through the Strait of Hormuz and damaged energy infrastructure… Read More ›
Iran and Oman have reportedly reached an understanding on how their respective waters and revenues connected to the Strait of Hormuz would be managed, according to Iran’s Revolutionary Guards. The announcement is significant not because it immediately reopens the world’s… Read More ›
Canada and the United States are moving from prolonged tariff disputes toward a more direct trade confrontation after last-minute negotiations collapsed and Washington imposed a new 50 percent tariff on a range of Canadian goods. The breakdown is significant because… Read More ›
Pakistan is stepping into an increasingly important diplomatic space between Washington and Tehran just as the United States prepares to intensify economic pressure on Iran. The visit to Tehran by Pakistan’s army chief, Field Marshal Asim Munir, comes at a… Read More ›
The United States has imposed 50 percent tariffs on a range of Canadian goods after Washington and Ottawa failed to reach a trade agreement, transforming a prolonged dispute between two closely integrated economies into a more serious confrontation. The immediate… Read More ›
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