News

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Sun, 10 Dec 2017 05:29:55 GMT

Japanese carmakers to take advantage of weaker Yen in 2018

The South Korean car manufacturer Hyundai said the falling Yen would intensify competition in the market next year, leaving Japanese automakers in a better position than their South Korean rivals.

Sun, 10 Dec 2017 05:27:48 GMT

Arab countries call on Trump to abandon Jerusalem decision

Foreign ministers of the Arab states called on Donald Trump to abandon his decision to officially recognise Jerusalem as the capital of Israel, saying the move is to cause violent protests in the region.

Sat, 09 Dec 2017 20:56:54 GMT

US allegations lack evidence, Russian diplomat says

Russia's new cruise missile, which allegedly violate the INF Treaty, has in fact a much shorter range than the US indicates, the Russian Deputy Foreign Minister said.

Sat, 09 Dec 2017 20:51:47 GMT

Germans trust Russia more than US, poll shows

Germans see Russia as a more trustworthy partner than the US, a survey showed. The American brand suffered dramatically since the election of Donald Trump as the US president last year.

Sat, 09 Dec 2017 20:02:31 GMT

US attempts to scare Russia with sanctions are ridiculous, Russian official says

The US attempts to accuse Russia of violations of the INF Treaty and impose additional sanctions are ridiculous, the Russian Deputy Foreign Minister said. 

Sat, 09 Dec 2017 19:55:16 GMT

Libya's political, oil and bank leaders hold talks to raise oil production

The head of Libya's government held a meeting with the leader of the National Oil Corporation and the governor of Tripoli's central bank to discuss funding to increase oil production. 

Sat, 09 Dec 2017 19:07:06 GMT

Norway liberals want to join government

On Saturday, Norway's Liberal Party said it will start formal negotiations to become a part of the right-wing government of Prime Minister Erna Solberg.

Sat, 09 Dec 2017 19:03:27 GMT

Peru's Kuczynski admits ties with Odebrecht

On Saturday, the President of Peru Pedro Pablo Kuczynski admitted that he participated in an irrigation project owned by Odebrecht conglomerate as a financial adviser.

Sat, 09 Dec 2017 18:02:58 GMT

Boris Johnson to meet with Rouhani tomorrow

According to the British Foreign Office, the Foreign Minister Boris Johnson will meet Iranian President Hassan Rouhani tomorrow to discuss regional issues as well as bilateral relations.

Sat, 09 Dec 2017 18:02:50 GMT

Governor Alckmin to lead Brazil's PSDB again

On Saturday, the Sao Paulo Governor Geraldo Alckmin once again was elected as the Brazilian Social Democracy Party (PSDB) leader, thus becoming the most likely nominee in 2018 presidential elections.

Sat, 09 Dec 2017 17:03:53 GMT

Russia confirms full commitment to nuclear missile pact

The Russian Deputy Foreign Minister Sergei Ryabkov said on Saturday that Russia remains fully committed to the Intermediate-Range Nuclear Forces Treaty that was signed by the US and USSR back in 1987.

Sat, 09 Dec 2017 17:03:44 GMT

President Abbas does not plan to meet with VP Pence

The Foreign Minister of Palestine Riyad Al-Maliki informed on Saturday that President Abbas will not have a meeting with the US Vice President Pence during his visit to the Middle East and there will be no talks between two countries officials.

Sat, 09 Dec 2017 16:27:15 GMT

Iraq and Iran sign oil export agreement

According to an Iraqi official, Iraq agreed to export to Iran between 30K and 60K barrels of crude oil per day from its from Kirkuk province.

Sat, 09 Dec 2017 16:22:19 GMT

Merkel's conservatives reject United States of Europe idea

In a meeting held on Saturday, senior members of Angela Merkel's conservatives refused to support the idea of a United States of Europe that was proposed by the Social Democrats.

Sat, 09 Dec 2017 15:05:34 GMT

Saudi Arabia to exempt drugs from VAT

According to the news agency SPA, Saudi Arabia will exempt a number of medicines and certain types of medical equipment from the five percent value-added tax (VAT).

Sat, 09 Dec 2017 15:00:46 GMT

Iraqi PM declares full liberation from IS

On Saturday evening, the Iraqi Prime Minister Haider al-Abadi said that the last units of Islamic State had been driven out of the country. The announcement came shortly after the Iraqi army regained control over the border with Syria.

Sat, 09 Dec 2017 14:06:53 GMT

Boris Johnson arrives in Iran to talk with Mohammad Zarif

On Saturday, the Foreign Minister of Britain Boris Johnson landed in Iran to meet with his colleague Mohammad Javad Zarif and ask him to free the arrested aid worker Nazanin Zaghari-Ratcliffe.

Sat, 09 Dec 2017 14:02:04 GMT

Two gunmen die in Israeli air strike

Two Palestinian gunmen were reported to be killed in result of a strike that was conducted by Israeli air forces in Gaza. The air strike was launched in response to three rockets that were fired by Gaza militants yesterday.

Sat, 09 Dec 2017 13:22:26 GMT

China to consider new asset management regulations' impact

China is set to fully consider the potential impact on the market and banks before finalising the country's new asset management regulations, the top banking regulator stated.

Sat, 09 Dec 2017 13:21:37 GMT

Gove: Britons can change Brexit terms to digress from EU

British voters could be capable of changing the terms of the UK relationships with the EU after Brexit, if they do not accept the final deal, the pro-Brexit Minister Michael Gove stated.

Sat, 09 Dec 2017 12:22:34 GMT

China to extend application of big data strategy

The China's President Xi Jinping urged the country to expand the big data strategy implementation to improve people's lives and better serve the economic and social development.

Sat, 09 Dec 2017 12:18:03 GMT

Russia ready for professional dialogue with US on INF Treaty

Russia welcomed cooperation with the US on issues concerning the INF Treaty by way of professional dialogue, the Russia's Foreign Ministry stated.

Sat, 09 Dec 2017 11:18:59 GMT

JPMorgan, Citi unlikely to support bitcoin futures' launch

JPMorgan Chase, Citigroup are not set to support launch of cryptocurrency trades once CME Group and Cboe Global Market starts trading bitcoin futures contracts next week.

Sat, 09 Dec 2017 11:18:22 GMT

PepsiCo to move from NYSE to Nasdaq

PepsiCo Inc announced its decision to finish an association with the NYSE and move the company's listing to the Nasdaq, aiming to connect with investors more efficiently.

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