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Trade

EU lodges WTO complaint against Russia over increasing import tariffs
The European Union has filed a complaint against Russia with the World Trade Organization (WTO) contesting Russia’s heavy import duties on paper products, refrigerators, freezers, and palm oil.

31.10.2014 12:49

Apple in talks to bring iPhone to Iran
Apple is in early stage talks with Iranian distributors about entering the country’s market after the US began to loosen sanctions on exports to Iran. A sign of warming relations with Teheran is seen after a 35 freeze that began in 1979.

30.10.2014 12:54

New Indonesian leader: maritime promises & possible dynamics with China, US and Australia
While working towards greater cooperation to harness its maritime potential, nationalist “Jokowi” will also not shy away from standing up against external incursions impinging upon Indonesia’s national interests.

27.10.2014 09:05

Putin meets Crown Prince of Abu Dhabi, reveals concerns over Iraq, Libya
The situation in the Middle East remains complex, with events in Iraq and Libya raising the most concerns, Russian President, Vladimir Putin, said as he met with Crown Prince of Abu Dhabi in Sochi.

23.10.2014 16:23

Pork from EU disguised as mushrooms, bubble gum busted by Russia
Contraband pork has been smuggled into Russia from the EU under the guise of chewing gum, frozen juice and mushrooms, Russia’s food safety regulator has reported. Pork imports from Europe have been banned since an outbreak of swine fever in January.

23.10.2014 07:03

Russia limits fruit and vegetables from Ukraine over EU re-export fear
Russia has placed a ban on the import and transit of all fruit and vegetables from Ukraine, starting Wednesday, for fear they may originate from the EU, Russia’s consumer health watchdog Rosselkhoznadzor has said.

21.10.2014 11:41

Russia-China trade hits record $59bn in first half of 2014
Russia’s recent trade figures show strengthening ties eastwards, not westwards. Trade with the 28-nation European Union declined 3.2 percent from the same period last year, whereas trade with China increased by 3.4 percent.

20.10.2014 12:59

'U​ncertainty shock’: Hung parliament and EU referendum threaten UK economy
Investors are concerned about the future stability of Britain’s business environment, warning of a “huge uncertainty shock” if the UK leaves the European Union, or ends up with another coalition government after next year’s general election.

20.10.2014 09:02

America’s troubled anti-IS coalition: Can BRICS be a possible middleman?
As the anti-IS coalition struggles to stay together can BRICS be a balancing factor that can keep the members unruffled against a common threat?

17.10.2014 12:47

Switzerland cuts growth forecast, blames slowing Europe & geopolitical crisis
Even the Swiss economy isn’t immune to the "fragile and vulnerable eurozone" and has cut growth forecasts for this year and next. The government points its finger at weak exports to Germany and geopolitical crisis in Ukraine and the Middle East.

16.10.2014 09:26

Italy loses billions in economic standoff with Russia, opposition leader says
The EU sanctions imposed on Russia have already cost Italy alone two billion euro due to Moscow’s retaliatory food embargo, the leader of Italian opposition party Matteo Salvini says.

13.10.2014 18:49

#NoTTIP: Mass protests slam US-EU trade deal as 'corporate power grab'
Tens of thousands of people are flooding the streets of cities all over Europe on Saturday in mass rallies against a controversial trade agreement between the US and the EU.

11.10.2014 12:18