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19050 articles published since 08 Mar 2022

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EU climate VP seeks 'fair competition' with China on green energy
EU climate VP seeks 'fair competition' with China on green energy
Economy

The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental standards, the bloc's vice president for the clean transition told AFP on Monday. "We Europeans don't want to go down a race towards low incomes, lower labour rights or lower environmental standards," said Ribera, who also serves as the bloc's competition chief.

China exports beat forecasts in June after US tariff truce
China exports beat forecasts in June after US tariff truce
Economy

China's exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other. Monday's customs figures showed Chinese exports to the United States surged 32.4 percent in June, having fallen the month before, according to an AFP calculation based on official data.

EU ministers weigh response to latest Trump tariff threat
EU ministers weigh response to latest Trump tariff threat
Economy

EU ministers on Monday will debate the bloc's approach to trade talks with the United States, as Brussels scrambles to head off 30-percent tariffs threatened by President Donald Trump. Diplomats said that an additional package of reprisal measures will be presented to trade ministers at their meeting in Brussels on Monday that could be rolled out if Trump imposes the 30-percent tariffs.

China exports soared in June, beating forecasts: official data
China exports soared in June, beating forecasts: official data
Economy

China's exports jumped in June, official data showed Monday, beating forecasts in a month when Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other. Washington and Beijing have de-escalated their trade spat after reaching a framework for a deal at talks in London last month, but observers warn of lingering uncertainty.

Asian markets mostly rise on lingering trade deal optimism
Asian markets mostly rise on lingering trade deal optimism
Economy

Most Asian markets rose Monday as investors digested Donald Trump's latest trade war salvos that saw him threaten to hit the European Union and Mexico with 30 percent tariffs. In announcing his latest measures on Saturday, Trump cited Mexico's role in illicit drugs flowing into the United States and a trade imbalance with the European Union.

'Las Vegas in Laos': the riverside city awash with crime
'Las Vegas in Laos': the riverside city awash with crime
Economy

Rising from the muddy fields on the Mekong riverbank in Laos, a lotus tops a casino in a sprawling city which analysts decry as a centre for cybercrime. Ostensibly an urban development project to attract tourists with casinos and resorts, away from official oversight international authorities and analysts say it quickly became a centre for money laundering and trafficking.

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