Displaying items by tag: World News

New Zealand exporters which sent $120m of goods to Iran last year may be affected by US president Donald Trump's threat to sanction countries who trade with the Middle Eastern nation.

NEW YORK — Even by the standards of New York City philanthropy, a recent $6.24 million donation to the Henry Street Settlement on the Lower East Side was a whopper — the largest single gift from an individual to the social service group in its 125-year history. It was not donated by some billionaire …

The 123rd session of China Import and Export Fair, widely known as the Canton Fair, has seen the number of buyers soared 5.3 percent year-on-year, which was 5-year record high.   The Canton Fair, largest and most important trade fair in China that was held in Guangzhou, South China's  Guangdong Province. As of Thursday, it recorded transaction volume of 189.2 billion yuan ($30.1 billion), up 3.1 percent year-on-year, according to a statement the fair sent to the Global Times on Sunday.

The Amazon founder, who is also the world's richest man, recently revealed his plans to spend almost every dollar of his incredible wealth on space travel. In an interview with Business Insider, Bezos said he was now spending around $1.3 billion each year on his space exploration company, Blue …

HONG KONG (AP) — Chinese and American officials will be trying to defuse tensions pushing the world's two largest economies toward trade war in meetings in Beijing beginning Thursday. Analysts say that chances for a breakthrough seem slim given the two sides' desperate rivalry in strategic …

Richard Maru, who is in New Zealand this week, said any trade deal has to be on a win-win basis and not likethe PACER-Plus regional trade deal which PNG opposes. He said there are many PNG products which the country has struggled to get into Australia and New Zealand markets, partly because …

WASHINGTON (AP) — Record exports trimmed the U.S. trade deficit in March, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America first policy. The Commerce Department says the trade deficit — the difference between what …

International arbitration is on a global roll right now — but New Zealand has not taken full advantage of the opportunities it offers. The extent of the …

If all goes well, and the next 7-year EU budget plans are approved, that could turn into a budget of 100 million euros ($120 million) a year, giving some 200,000 teenagers the right to Europe-wide Interrail travel. "It starts this year and this is just the beginning," EU lawmaker Manfred Weber said.

More than 1,100 economists, including Nobel laureates and former presidential advisers, have signed a letter warning Donald Trump about his tariff-heavy approach to trade. Many of its passages quote directly from another letter sent in 1930, cautioning against protectionist measures the U.S. imposed …