Germany-Iran trade collapses under U.S. sanctions

WNM | Jun 29, 2019 at 10:36 PM

Trade between Germany and Iran has collapsed under the impact of United States sanctions, supporting Iran’s assertion that Europe is failing to help preserve the nuclear non-proliferation deal it signed.

Russia agrees with Saudi to extend OPEC deal by 6-9 months

WNM | Jun 29, 2019 at 10:24 PM

Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil output, Russian President Vladimir Putin said, as oil prices come under renewed pressure from rising U.S. supplies and a slowing global economy.

Trump says US won’t raise tariffs, China will buy US farm goods

WNM | Jun 29, 2019 at 10:04 AM

U.S. President Donald Trump said he and his Chinese counterpart Xi Jinping agreed on Saturday that the United States would refrain from raising levies on Chinese imports for now while China would buy more U.S. agricultural products.

EU, Mercosur strike historic trade pact

WNM | Jun 29, 2019 at 12:56 AM

BRUSSELS, June 28 (Reuters) – The European Union and South American bloc Mercosur agreed a free-trade treaty on Friday, concluding two decades of talks. The two regions launched negotiations exactly 20 years ago and intensified efforts to reach an accord after the talks with the United States about TTIP collapsed. As world leaders meet at a G20 […]