In a news report, Iraq’s state news agency INA reported, Baghdad has signed defense contracts with the Washington and Paris towards the import of advanced weapons which will strengthen its artillery. The report citing a senior military commander said, long-range… Read More ›
On Tuesday, French Finance Minister Bruno Le Maire said, an embargo on Russian oil at a European Union level was in the pipeline. “I hope that in the weeks to come we will convince our European partners to stop importing… Read More ›
In a statement U.S. President Joe Biden said, the United States would ban the import of Russian crude oil as well as other energy imports in retaliation to its invasion of Ukraine. “We’re banning all imports of Russian oil and… Read More ›
According to two sources familiar with the matter at hand, the U.S. nuclear power industry is lobbying the White House to continue the import of uranium from Russia despite sanctions saying cheap supplies of the fuel is key to keeping… Read More ›
On Friday, Australia imposed more sanctions on Russia targeting many of its elite citizens and lawmakers and termed China’s actions of easing trade restrictions on Moscow as being “unacceptable”. “We will work along with our partners for a rolling wave… Read More ›
According to a report from TankerTrackers.com, a third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon. Last week on Friday, Lebanese Prime Minister Najib Mikati had said, Iranian fuel shipments, imported by the Hezbollah movement, constitute… Read More ›
Taiwan has threatened to drag China to the World Trade Organization following a statement from Beijing saying it would suspend the import of sugar apple and wax apple citing pest concerns. The move marks the latest spat between Democratic Taiwan… Read More ›
According to three sources familiar with the matter at hand, China’s Great Wall Motor has decided to re-allocate a portion of its $1-billion investment in India to Brazil following a year-long delay in winning government approvals. The development comes in the… Read More ›
In a significant development, the U.S. Senate has passed a bill that bans the import of products from China’s Xinjiang region. The Uyghur Forced Labor Prevention Act creates a “rebuttable presumption” on the assumption that goods manufactured in Xinjiang are… Read More ›
In a significant development, the Biden Administration has banned U.S. imports of a key solar panel material from China’s Hoshine Silicon Industry Co over forced labor allegations, said two sources. In a separate move, the U.S. Commerce Department has also restricted… Read More ›
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