The European Union is ready to use all trade tools to protect its economy if China fails to offer fair access to its markets, European Commission President Ursula von der Leyen warned after talks with Chinese President Xi Jinping.
More than two million barrels of russian oil products are stuck in tankers off the coast of Oman due to South Korea's repression of direct imports from russia.
Oil futures rose on Monday after Saudi Arabia raised June oil prices for most regions, and after the prospect of a quick ceasefire agreement in the Gaza Strip became unlikely, reviving fears that fighting between Hamas and Israeli forces will soon resume.
Scholz calls on partners to provide Ukraine with more Patriot air defense systems from their existing stockpiles to strengthen Ukraine's air defense capabilities.
Jose Raul Mulino won the presidential election in Panama, promising economic reforms, public works projects, and measures to address migration and crime.
On the eve of his meeting with Chinese leader Xi Jinping, French President Emmanuel Macron emphasized the need for Europe to restore economic ties with China, seeking reciprocity and better economic security.
During his meeting with Chinese President Xi Jinping, French President Emmanuel Macron will pressure him to push Russia to end the war in Ukraine.
The G7 plans to provide Kyiv with $50 billion in aid from frozen Russian assets, and the US is negotiating to sign an agreement at the G7 summit in June.
The new Patriot air defense system from Germany is expected to arrive in Ukraine no earlier than the end of June, which may coincide with the delivery of F-16 fighter jets that Ukraine has long been requesting.
This week, cocoa prices fell by almost 30% after reaching record highs, marking a sharp reversal from the recent rise driven by a supply shortage.
Turkey decides to join South Africa's case against Israel in the International Court of Justice, accusing Israel of committing genocide in Gaza.
SpaceX is close to finalizing a license agreement to provide Yemen with Starlink satellite Internet terminals, which could take another month, making Yemen one of the few countries in the Middle East eligible to use the service.
The U. S. Senate unanimously passed a law banning imports of enriched uranium from Russia. The document bans imports of Russian uranium to the United States until January 2028.
The International Group of P&I Clubs, a central organization in the global insurance industry, has expressed concern that the price ceiling on Russian oil set by the Group of Seven is becoming increasingly unworkable as more ships and services migrate to the "shadow fleet" outside of Western control.
A North Korean delegation visited Iran to participate in an exhibition and held talks with the Iranian government and the private sector to develop bilateral trade, according to an Iranian Foreign Ministry spokesman, who denied any military aspects of the visit.
Tesla has overcome key obstacles to the introduction of its fully autonomous driving system in China by partnering with Baidu for mapping and navigation functions, and by meeting data security requirements following an unannounced visit by Elon Musk.
China's intelligence chief promises a "powerful offensive" to combat espionage and eliminate traitors amid a barrage of espionage accusations from Europe and the United States.
The Biden administration is tightening rules on the export of civilian weapons to 36 countries to prevent them from being used to commit crimes and human rights violations.
Trump's advisors are discussing imposing sanctions on countries that abandon the dollar and conduct bilateral trade without using the US currency.
Due to Western sanctions, russia expects its liquefied natural gas (LNG) exports to stagnate at around 38. 6 million tons annually for about four years.
National security advisors and senior officials from around the world will meet in Doha, Qatar, this weekend to discuss plans for a summit on Ukraine's conditions for resolving its conflict with Russia.
French President Macron is actively negotiating with EU leaders to find a new candidate to replace Ursula von der Leyen as president of the European Commission.
Russia will sell gas to China at a price almost 30% cheaper than to Europe at least until 2027, according to the forecast of the Ministry of Economic Development of Russia.
France has proposed new EU sanctions against Russian disinformation operations and election interference around the world.
Tesla's profits fell in the first quarter of 2024, but its promise to release more affordable electric cars this year boosted its share price by 11%.
The EU is considering imposing sanctions on more than 10 companies from russia, Turkey, the UAE, China, and Hong Kong for importing millions of euros worth of banned European goods for use by the russian military-defense complex, despite significant trade restrictions.
Germany pressures the United States and other NATO allies to provide Ukraine with more Patriot missile defense systems and other equipment to strengthen its air defense against massive Russian air strikes.
China is launching a large-scale incentive program to support the development of the electric vehicle industry, promote energy-efficient equipment, and boost domestic consumption and investment.
Oil refining in russia has fallen to its lowest level in 11 months due to Ukrainian drone attacks on refineries and large-scale spring flooding in several regions.
Ukraine's foreign currency bonds rose after the US House of Representatives approved a $61 billion aid package for Ukraine.