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Trump’s ‘Liberation Day’

Why it could usher in economic catastrophe by reducing demand for US exports while increasing the cost of living domestically COMMENT | CHRIS LEHMANN | So far Donald Trump’s “Liberation Day”—his midweek announcement of a battery of reciprocal tariffs intended to punish longtime US trading partners—has been greeted with a ringing …

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Trump’s trade wars to push more countries to join BRICS

MOSCOW, RUSSIA | TASS | US President Donald Trump’s trade wars may push some Asian and African countries toward joining BRICS, a Russian expert said. “In recent days, and all throughout the past month, we have had a front row seat to the new challenges that have emerged from this …

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Direct Beijing-Tel Aviv flights resume after 18-month hiatus

JERUSALEM | Xinhua |  Direct flights between Beijing and Tel Aviv resumed on Thursday, as a Hainan Airlines aircraft successfully landed at Ben-Gurion International Airport near Tel Aviv early in the morning, marking the end of an 18-month hiatus. According to Yu Chaojie, president of Hainan Airlines, the resumed Beijing-Tel …

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China takes firm countermeasures against U.S. tariff bullying

BEIJING, CHINA | Xinhua | China has taken swift, firm countermeasures following the latest U.S. tariff hike on Chinese imports, in a move to safeguard its legitimate rights and interests. The Chinese government on Wednesday announced that it will raise additional tariffs on products imported from the United States to …

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Why are the U.S and Iran talking in Oman and what’s at stake?

MUSCAT, April 9  | Xinhua |  The long-standing tensions between the United States and Iran are once again in the spotlight, as both sides prepare for indirect high-level talks scheduled for Saturday in Oman’s capital of Muscat. While U.S. President Donald Trump describes the engagement as a “direct” dialogue, Iran …

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