Pakistan's next government, to be chosen in a July 25 election, faces growing fears of a balance of payments crisis with speculation it will have to seek its second IMF bailout in five years, analysts say.
Full StoryThe world's third largest shipping container group, the French-owned CMA CGM, has decided to withdraw from Iran over the threat of U.S. sanctions, its chief executive said Saturday.
"Because of the Trump administration, we have decided to end our service to Iran," Rodolphe Saade told an economic conference in Aix-en-Provence in southern France.
Full StoryIran on Saturday accused U.S. President Donald Trump of destabilizing the oil market with his flurry of tweets taking aim at the OPEC cartel.
"These days... the price is dependent on the behavior of Mr. Trump," Iranian Oil Minister Bijan Namdar Zanganeh said on state television.
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Iran's remaining partners in the 2015 nuclear deal vowed Friday to keep the energy exporter plugged into the global economy despite the U.S. withdrawal and sanctions threat.
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Punishing US tariffs on Chinese imports took effect at 12:01 am Friday (0400 GMT), marking the start of President Donald Trump's trade war with China, despite the concerns of businesses and investors.
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Asian stocks fell Thursday as investors fretted over US-China tariffs due to kick in within hours and which threaten to plunge the world's top two economies into an all-out trade war.
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China lashed out at the US Thursday, the day before a trade war is set to erupt between the world's top two economies, saying that Washington is effectively "firing at itself".
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A decade ago a pair of San Francisco roommates decided to make rent money by using air mattresses to turn their place into a bed-and-breakfast when a conference in the city made hotel rooms scarce.
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American cherries are tantalizingly sweet. They are so loaded with sugar and low on water that China's home-grown cherries cannot compete on taste or texture.
Full StoryA gray Ferrari comes to a halt in Warsaw and a young woman emerges. Wearing Chanel sunglasses and carrying a little dog, she enters the Raffles Europejski hotel, a symbol of the luxury that has returned to Poland.
Her destination is the historic pastry shop Lourse, which is located at the hotel, where guests pay between 250 and 4,000 euros ($290 and $4,700) a night and can count on perks like a personal butler.
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