German car stocks fall on Trump’s Mexico tariff threat

WNM | May 31, 2019 at 11:04 AM

Shares in German car makers extended losses in Frankfurt on Friday after U.S. President Donald Trump threatened to slap tariffs from next month on imports from Mexico, where the big three manufacturers have plants.

Pentagon wants to reduce U.S. reliance on rare earth from China

WNM | May 30, 2019 at 1:18 AM

The U.S. Defense Department has briefed Congress on a report on rare earth minerals as it looks to reduce American reliance on China, a Pentagon spokesman told Reuters on Wednesday, amid mounting concern in Washington about Beijing’s role as a supplier.

NATO concerned about U.S. sanctions against Turkey

WNM | May 29, 2019 at 8:04 PM

Turkey’s decision to purchase Russian S-400 missiles causes a situation of concern in NATO headquarters in Brussels. The military alliance wants to avoid an escalation between two of it’s key members.

Sudanese banks come to standstill on second day of strikes

WNM | May 29, 2019 at 4:31 PM

Banks in the Sudanese capital Khartoum came to a virtual standstill on Wednesday as protest and opposition groups organised a second day of strikes to pressure military rulers to cede power to civilians.

India PM to host China’s Xi for informal summit

WNM | May 29, 2019 at 9:58 AM

Indian Prime Minister Narendra Modi will host Chinese President Xi Jinping this year for an informal summit, an Indian foreign ministry spokesman said on Wednesday, after meeting several times over the past year to try to defuse tension.