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IMF Warns Arab States against Complacency over Debt

The International Monetary Fund on Wednesday warned Arab states against complacency over a looming debt crisis, urging continued economic reforms despite a rise in oil prices. 

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EU Says US Tariffs' Decision 'Prolongs Market Uncertainty'

The European Commission said Tuesday the United States had merely prolonged "market uncertainty" by its decision to hold off on imposing controversial tariffs on steel and aluminium from the EU, Canada and Mexico.

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Australia Keeps Rates on Hold ahead of National Budget

Australia's central bank kept interest rates at a record low Tuesday for a 19th consecutive meeting, unwilling to make any move ahead of the national budget next week.

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Asia Markets Up as Seoul, Won Extend Gains after Moon-Kim Talks

Hong Kong led a rally across most Asian markets on Monday as traders brushed off a slowdown in the US economy, while the boost from last week's historic North-South Korea summit continued to support Seoul and the won.

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Power Cut Temporarily Shuts Amsterdam's Airport

A power cut overnight forced the temporary closure of Amsterdam's Schipol airport, one of Europe's busiest, officials said as they tried to get operations moving again Sunday.

They said the power outage disrupted the check-in system so the authorities decided to close down the airport to ensure security for travelers who were crowded in terminal buildings.

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Saudi Aramco Appoints First Woman to Board of Directors

Saudi national oil giant Aramco said Sunday that five new members had been appointed to its board of directors, including the first woman in the firm's history.

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Philippines' Duterte Calls Kuwait Work Ban 'Permanent'

Philippine President Rodrigo Duterte on Sunday said the temporary ban on Filipinos going to work in Kuwait is now permanent, intensifying a diplomatic standoff over the treatment of migrant workers in the Gulf nation.

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Jordan Woos Back Nervous Tourists after Years of Regional Turbulence

With its rock-hewn ancient city of Petra, lunar-like landscape of Wadi Rum and a medical tourism drive, Jordan is luring back foreign visitors scared off by regional upheaval and jihadist attacks.

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Macron Digital Tax Plan Faces EU Fight

French President Emmanuel Macron's ambitious plans for an EU digital tax targeting US tech giants faced strong headwinds on Saturday from small member states eager to defend their strong ties with Silicon Valley.

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U.S. Demands EU 'Concessions' to Extend Steel, Aluminum Tariff Exemptions

The United States will continue to exempt allied economies, including the European Union, from steel and aluminum tariffs if they make concessions on trade, a senior White House advisor said Thursday.

"It's very important that some of our friends make some concessions with respect to trading practices, tariffs and taxes," National Economic Council Director Larry Kudlow told CNBC, citing "equal treatment of automobiles" in the EU as an example.

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