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Trade News

EU parliament in surprise vote for 'conflict minerals' ban

Strasbourg - European legislators on Wednesday unexpectedly voted in favour of a law requiring firms to ensure they do not use so-called conflict minerals from Africa and other areas that end up funding warlords.

Russia drops opposition to EU-Ukraine trade deal starting 2016: EU

Brussels - Russia has dropped its demands for a further delay in a landmark EU-Ukraine trade deal at the heart of the Ukraine crisis and accepts that it will now begin next year, the EU said Monday.

European battle brewing over 'blood metals'

Brussels - Europe will consider this week whether to follow the United States by bringing in tighter controls on "conflict minerals" from war zones, but critics say the measures risk being watered down.

Senate Democrats block Obama on free-trade initiative

Washington - US Senate Democrats dealt a stinging setback to Barack Obama, blocking a measure that would have given their own president a free hand to swiftly finalize a massive Pacific Rim trade accord.

Fidel Castro meets Japanese foreign minister in Havana

Havana - Cuba's former president Fidel Castro has met with Japan's foreign minister, Fumio Kishida, local media reported.

Corinthian, Heald technical colleges close abruptly

Santa Ana - More than two dozen for-profit technical colleges — most in the San Francisco Bay Area — closed abruptly on Monday, leaving thousands of students without classes or degrees but with thousands of dollars of debt.

EU's Malmstroem pleads for support in US trade deal fight

Brussels - The EU's top trade official urged European governments to "do more" to defend a controversial free trade deal between the US and European Union that has faced fierce hostility in key countries, especially Germany.

East Asia traded with New World 1,000 years before Columbus

Artifacts found in Alaska confirm that East Asians from China, Korea and Yakutia traded with North Americans a thousand years before Columbus arrived.

In Russia-West tug of war, Moldova sees EU as only option

Chisinau - Moldova's decision to sign key trade and political agreements with the European Union has cost it dearly, as its giant trading partner Russia swiftly punished it through an embargo strangling its farm and wine industries.

Greek PM blasts Russia sanctions at Putin meet

Moscow - Greek Prime Minister Alexis Tsipras on Wednesday lashed out at EU sanctions against Russia during talks with Kremlin strongman Vladimir Putin in Moscow that have unnerved Brussels.

Cuba says Obama's steps to ease embargo 'insufficient'

Havana - Cuba's trade minister said Monday that US President Barack Obama's moves to ease the five-decade embargo on the communist island are "incomplete and insufficient.

Taiwan protesters rally to mark 'Sunflower Movement' anniversary

Taipei - Taiwan protesters Wednesday marked the first anniversary of the student-led "Sunflower Movement", which saw the occupation of parliament for more than three weeks over a trade pact with China.

Colombia puts Chinese ship captain under house arrest

Estanzuela - A judge has ordered house arrest for the Chinese captain of a freighter Colombia stopped in port for carrying unregistered Cuba-bound weapons and materiel, a prosecutor said Sunday.

EU, Cuba in 'frank' talks to normalize relations

Havana - The European Union and Cuba held a third round of "frank" talks aimed at normalizing relations, as Havana and Washington work through their own historic rapprochement.

EU, Cuba resume talks to normalize relations

Havana - The European Union and Cuba resumed negotiations Wednesday in a third round of talks aimed at normalizing relations, as Havana and Washington work through their own historic rapprochement.

Freight shipping prices sink on oversupply, China slowdown

London - Freight shipping prices have plummeted to a historic low, fuelled by a long-standing problem of too many ships and lower demand from China, but experts cautioned against seeing it as a warning on the global economy.

EU, U.S. look for 'fresh start' in trade talks

Brussels - U.S. negotiators travel to EU headquarters in Brussels Monday to jumpstart talks on the world's biggest-ever free trade deal, which after nearly two years remain bogged down by public opposition.

Germany halts arms exports to Saudi Arabia

Berlin - Germany has decided to stop arms exports to Saudi Arabia because of "instability in the region," German daily Bild reported on Sunday.

US eases travel, trade with Cuba from Friday

Washington - The United States will ease travel and trade restrictions with Cuba on Friday, marking the first concrete steps towards restoring normal ties with the Cold War-era foe since announcing a historic rapprochement.

Kerry heads to India seeking economic gains

Washington - US Secretary of State John Kerry left for India on his first foreign trip of 2015, with a heavy focus on trade and investment with the South Asian economic giant.

Trade and tension at Europe's troubled African borders

Melilla - Hassan Ibrahim, both physically and mentally disabled, staggers on his weakened legs as he pushes two huge packs of contraband goods loaded on a wheelchair.

Federal funding cuts hit U.S. scientific research hard

Washington - The U.S. legislature has passed a spending agreement for science for next year. The deal signals only modest increases for federal science agencies.

Global arms treaty enters into force on Wednesday

New York - A treaty laying down international rules for the $85 billion dollar global arms trade goes into force on Wednesday, with campaigners vowing to make sure it is strictly implemented.

Historic breakthrough in U.S.-Cuba relations

Washington - The United States and Cuba made a historic breakthrough in their Cold War stand-off Wednesday, moving to revive diplomatic ties and ease a five-decade U.S. trade embargo against its communist foe.

Trade on agenda as China's Xi visits New Zealand

Wellington - China and New Zealand agreed to expand their burgeoning trade relationship during a state visit by President Xi Jinping Thursday, including a deal to allow television co-productions to be aired on Chinese media.

Deal with Iran could end isolation but would it stop an arms race?

Paris - A deal on Iran's nuclear programme this week would be a historic step towards ending the country's international isolation, but analysts remain divided on whether it would help stabilise the Middle East or even prevent a regional arms race.

Ukraine outrage over delay on EU trade deal

Kiev - Ukrainian President Petro Poroshenko is facing a backlash from his staunchest supporters for bowing to Russian pressure and postponing the implementation of an EU trade deal the two sides plan to ratify Tuesday.

A step forward in shark conservation

All trade in five named species of sharks is to be regulated. This means that fishing for the sharks is restricted and to do so without a permit will be illegal across most parts the world.

Putin urges Europeans to have 'common sense' over sanctions threat

Moscow - Russian President Vladimir Putin urged the EU on Monday to show "common sense" and not to engage in mutually destructive sanctions, in his first reaction to the threat of additional punitive measures over Ukraine."I hope that common sense will prevail....

Russia's Putin orders response to Western sanctions

Moscow - Russian President Vladimir Putin on Tuesday ordered his government to draft a response to "unacceptable" Western sanctions over Moscow's perceived backing of pro-Kremlin rebels in Ukraine's volatile east.
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The Silk Road extending from southern Europe through Egypt  Somalia  the Arabian Peninsula  Iran  Ce...
The Silk Road extending from southern Europe through Egypt, Somalia, the Arabian Peninsula, Iran, Central Asia, Pakistan, India, Java-Indonesia, and Vietnam til it reaches China. Land routes are red, water routes are blue. The Black Death originated in China and spread by way of the Silk Road. It reduced the world's population from an estimated 450 million to between 350 and 375 million in 1400.
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Sino Persian trade relations
Sino Persian trade relations
Trade routes between Asia and Alaska
Trade routes between Asia and Alaska
Mail Online
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at t...
President Barack Obama talks with Chinese President Hu Jintao following their bilateral meeting at the G20 Summit in Toronto, Canada
White House Photo by Pete Souza
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Cape Espenberg
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Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against...
Detroit Pistons power forward Greg Monroe (10) drives to the basket during the third quarter against the New Orleans Pelicans at The Palace of Auburn Hills. New Orleans won 103-101. Jan. 24, 2014
With permission by Reuters / Tim Fuller-USA Today
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
Some of the hundreds of Malagasy tortises sezied in Malaysia in July 2010.
TRAFFIC
A man hawks coffee beans on a wooden bike in a stadium in Kampala  Uganda on September 20  2010.
A man hawks coffee beans on a wooden bike in a stadium in Kampala, Uganda on September 20, 2010.
Demetrios Marantis  US Deputy Trade Representative  speaks at the US-Africa Trade Press Conference h...
Demetrios Marantis, US Deputy Trade Representative, speaks at the US-Africa Trade Press Conference held at the World Economic Forum on Africa 2009 in Cape Town, South Africa
World Economic Forum