Iran, Russia take aim at U.S. military presence near Syrian oilfields

WNM | Oct 29, 2019 at 11:38 PM

Iran and Russia on Tuesday condemned U.S. President Donald Trump’s decision to maintain a military presence near oil fields in northeastern Syria, with Russian Foreign Minister Sergei Lavrov saying any exploitation of resources would be illegal.

Exxon, New York prosecutors face off in climate change fraud trial

WNM | Oct 23, 2019 at 12:31 AM

A lawyer for New York’s attorney general on Tuesday told a state judge Exxon Mobil Corp used two sets of books to hide the true cost of climate change regulations from investors, while an attorney for the oil major assailed the claims as false and politically motivated.

New tax on plastic bags in Sweden

WNM | Oct 22, 2019 at 12:44 AM

A new tax will be introduced for plastic carrier bags in Sweden, Swedish news TT reported on Monday.

IMF warns of downside risks for Asian economy

WNM | Oct 21, 2019 at 1:04 AM

Asia is expected to grow at 5.0 percent in 2019 and 5.1 percent in 2020, with risks to the projection still skewed downward, the International Monetary Fund (IMF) says..