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France Warns Italy against Breaking EU Commitments

The stability of the eurozone will be at stake if a populist new government in Italy fails to keep its financial commitments, French Economy Minister Bruno Le Maire warned Sunday.

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Paris Says U.S.-China Trade Deal May Cost Europe

Europe could end up rueing a potential new deal between China and the United States after the two sides stepped back from a trade war, France's Economy Minister Bruno Le Maire warned Sunday.

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Venezuela, a Top Oil Exporter in Deep Crisis

Latin America's top oil exporter, Venezuela, is deep in an economic and political crisis brought on plummeting oil prices and marked by violent anti-government protests.

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Report: Kushners near Deal with Qatar-Linked Company

The company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is close to receiving a bailout of its flagship New York building from a company with ties to Qatar, The New York Times reported Thursday.

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Trump Dampens Chances of Trade Deal with China

U.S. President Donald Trump threw cold water on the chances of reaching a deal on trade with China, just as a delegation from Beijing was in Washington for talks on Thursday.

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Denmark's Maersk Tankers Ends Iran Shipping after US Reimpose Sanctions

Danish shipping group Maersk Tankers on Thursday said it would cease its activities in Iran due to the US's decision to leave a landmark nuclear deal and reimpose sanctions against the Islamic Republic. 

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Russia-Led Trade Bloc Seeks Free Trade Area with Iran

The Russia-led Eurasian Economic Union trade bloc signed an interim trade deal with Iran on Thursday and plans to negotiate a free trade zone, said Kazakhstan which hosted the talks. 

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Economic Crisis Cuts Swathe Through Venezuela Society

On an avenue in Maracaibo, the once-thriving heart of Venezuela's oil industry, the buses no longer run. Instead, people squeeze onto a dinky tourist train to take them home.

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Philippines Lifts Ban for Kuwait-Bound Workers

The Philippines on Wednesday lifted its ban on migrant workers heading to jobs in Kuwait, capping a diplomatic row sparked when a murdered Filipina maid was found in her employer's freezer.

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Turkey Lira Hits New Historic Lows after Erdogan Comments

Turkey's embattled currency the lira on Wednesday hit new historic lows against the dollar as investors took fright at comments by President Recep Tayyip Erdogan suggesting he wanted a bigger say in monetary policy.

The lira has lost nine percent in value over the last month alone as Turkey heads to snap presidential and parliamentary elections on June 24 amid growing concerns over the health of the economy.

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