The US Department of Justice is reportedly investigating whether Indian billionaire Gautam Adani’s companies, particularly Adani Enterprises, imported Iranian liquefied petroleum gas (LPG) through the Mundra port in Gujarat, India. …
international trade
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The United States signaled willingness to strike a trade agreement with China but insists that Beijing must initiate the process, amid escalating tariff tensions and no signs of de-escalation from …
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China’s Ministry of Commerce warns that it will take resolute countermeasures to protect its rights and interests if the United States moves forward with escalating tariffs. The threat follows the …
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Others
Trump Signals Tariff Action on EU as Trade Tensions Escalate Worldwide
by Web Deskby Web DeskUS President Donald Trump has warned of tariffs on the European Union, following similar actions against Mexico, Canada, and China. The ongoing trade tensions spark fears of a global economic …
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Others
“US Imposes Steep Tariffs on Mexico, Canada, and China, Stoking Economic Tensions”
by Web Deskby Web DeskIn a move that could shake global economies, US President Donald Trump has imposed significant tariffs on imports from Mexico, Canada, and China. The tariffs are linked to a national …
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Chinese authorities have reportedly urged their Iranian counterparts to help prevent attacks on ships in the Red Sea by the Houthis, according to four Iranian sources and a diplomat familiar …
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International
Pakistani Foreign Minister Leads Delegation at SCO Council of Heads of Government Meeting in Bishkek
On October 26, 2023, Pakistan’s Foreign Minister, Jalil Abbas Jilani, led the Pakistani delegation at the Shanghai Cooperation Organisation Council of Heads of Government Meeting (SCO-CHG) held in Bishkek. The …
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International
India makes first crude oil payment to UAE in Indian rupees
by Umar Sohailby Umar SohailIndia and the United Arab Emirates have embarked on a new approach to bilateral trade, utilizing their respective local currencies. The leading Indian refiner, Indian Oil Corp, has executed a …
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EconomyInternationalLatest Updates
Iran’s economy shows signs of improvement after 25-year long deal with China and secret trade
Iran’s exact shipment data for China is unavailable because under sanctions exports are kept secret and the oil is marked as originating from Malaysia, Oman, and the United Arab Emirates.