
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
The Swiss will decide whether to ban foie gras and fur imports after campaigners on Thursday handed in enough signatures to trigger a public vote on the twin issues. The popular initiative on foie gras collected 106,448 signatures, while the one on fur attracted 116,140 -- both above the 100,000 threshold required to trigger a national vote.
Almost two weeks after a huge fire in Guinea's main fuel depot brought death and destruction, anger is growing as the economy is reeling, with inflation rising, petrol rationed and no trucks moving merchandise. Merchandise trucks sit idled at the foot of buildings.
Britain on Thursday lifted some costly obstacles placed on school trips post Brexit -- but only for students from France as campaigners called for all EU countries to benefit. In France, the director of an organisation offering school trips warmly welcomed the partial lifting of restrictions that have been made ahead of the new year, claiming it would trigger a resurgence in visits.
Asian stocks opened largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year. US indices returned to work on Tuesday, but European markets were only back on Wednesday, with London leading the way as it closed 0.4 percent higher.
French shipping giant CMA-CGM has resumed some transit through the Red Sea, days after Danish group Maersk announced it would return as a US-led naval coalition is now policing the maritime route against Yemeni rebel attacks. Maersk announced on Sunday it was preparing to resume transit through the Red Sea, with the first voyages to take place "as soon as operationally possible".
The UK government said on Wednesday it had dropped its plan to start selling in imperial measures after a consultation revealed 99 percent support for keeping the metric system. But they decided against the move after 98.7 percent of the 100,938 respondents to an official consultation said they were happy using metric units when buying or selling a product.
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
Drinkers are getting into something of a fizz over Turkish sparkling wine. "We received a very cautious welcome at the start," Misir told AFP. "People were saying, 'What do you mean, a Turkish sparkling wine?'"
Asian markets opened higher on Wednesday, tracking Christmas holiday gains on Wall Street, with investors betting on the US Federal Reserve cutting interest rates as early as March. "The bets for a March Fed cut continue to grow, helping to propel stocks higher," said Navellier.
Economy
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