German automobile manufacturer BMW has announced new plans to produce more vehicles in China to avoid the trade tariff on US car imports imposed by China. BMW and Brilliance Automotive Group Holdings, which is based…
Category: Economy
Major states buying oil from Iran are unlikely to heed the US call to drop imports; key allies want a waiver to avoid sanctions; OPEC, meanwhile, will have trouble boosting output in the short-term; the…
This is part of our series on the unaccounted for $21 Trillion in taxpayer money. As unbelievable and absurd as that sounds, the actual total of unaccounted for money at the Pentagon is most likely…
In the name of the fight against terrorism, the United States is currently waging “credit-card wars” in Afghanistan, Iraq, Syria, and elsewhere. Never before has this country relied so heavily on deficit spending to pay…
US Secretary of State Mike Pompeo knows the importance of rare earth elements, and North Korea has reportedly found one of the world’s biggest deposits 150km from Pyongyang; is this another factor behind the recent…
IMF predicts an economic crash by 2020 due to the cycle of retaliation tariffs likely to follow President Donald Trump’s tax hike on imports. Imposing trade tariffs to the European Union, Mexico, and Canada will…
Washington, May 29 (Reuters): The United States said on Tuesday that it will continue pursuing action on trade with China, days after Washington and Beijing announced a tentative solution to their dispute and suggested that tensions had…
Peter Koenig, Transcript of PressTV Skype Interview of 29 May 2019 Background WASHINGTON, May 29 (Reuters) – The United States said on Tuesday that it will continue pursuing action on trade with China, days after…
Who wants to profit … and who should pay the bill Finally the time has come: The HSH Nordbank – the scandalous regional state bank of Hamburg and Schleswig-Holstein – is being sold. Everything about…
Iran, under a renewed threat of U.S. sanctions returning, two months ago decided to switch using the greenback as a currency in its imports and banned all traders from using USD. A directive came from the Ministry of…
