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Tag Archives: United States

US-China Trade War Could Reduce World GDP By 0.8% in 2020

China

WASHINGTON – Tariffs imposed or threatened by the United States and China could reduce global economic output by 0.8% in 2020 and cause more losses in the coming years, International Monetary Fund announced Friday. Gerry Rice, a spokesman for the IMF, said trade tensions were beginning to affect the global …

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North Korea Confirms 2nd Test of Multiple Rocket Launcher

North Korea

SEOUL – North Korea said Wednesday leader Kim Jong Un observed the test-launch of a super-large multiple rocket launcher, the latest in a series of weapons tests performed amid stalled diplomacy over the North’s nuclear program, AP reported Wednesday. Tuesday’s rocket launcher test was made hours after North Korea said …

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China says Phone Call on Trade with US Went Very Well

phone

BEIJING – Chinese commerce ministry said on Thursday that a phone call on Thursday with U.S. top trade negotiators went very well, adding that Beijing opposes any escalation in the trade war, Reuters reported Thursday. Both sides will strive to achieve real progress during high level meeting scheduled for early …

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Iran Must Return to Nuclear Deal only with Oil Credit Line

Iran

TEHRAN – A senior Iranian official confirmed on Wednesday that Tehran would no longer meet its commitment to nuclear power if its oil sales reach $15 billion over four months, as stipulated in the French project to rescue the agreement, Fars News Agency reported Wednesday. France has proposed to offer …

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Iran, France Hold Talks on Ways to Save the Nuclear Deal

Iranian

TEHRAN – Iranian and French experts have engaged in intensive talks to save an international nuclear deal, which may have collapsed since last year’s withdrawal from the United State, Press TV reported Tuesday. The ten-hour meeting was chaired Monday by Iran’s deputy minister of political affairs, Abbas Araqchi, who headed …

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Japan will not Join U.S.-led Maritime Coalition in Gulf

Japan

TOKYO – Japan will not join a U.S.-led security mission to protect merchant vessels passing through key Middle Eastern waterways, but will consider deploying its naval force independently, the Yomiuri newspaper reported on Tuesday. Though, the United States is Japan’s most important ally, Tokyo has fostered economic ties with Iran, …

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US, 10 ASEAN Navies Begin Their First Joint Military Exercises

ASEAN

WASHINGTON – The United States and 10 countries in Southeast Asia launched maritime exercises on Monday as part of a joint exercise that includes eight warships, four aircraft and more than a thousand people, the Defense Post announced Monday. The first ASEAN-US Maritime Exercise (AUMX) between the regional bloc and …

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