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China Warns of “Grim” Trade Future

China warned on Wednesday of a “grim” outlook for trade after a surprise fall in June exports, raising fresh concerns about the extent of the slowdown in the world’s second-largest economy and increasing the pressure on the government to act.

China’s reform-minded new leaders, including Premier Li Keqiang, have shown a tolerance for slower

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France Moves to End U.S. Trade Talks Over NSA Spying

Paris: France today called for the temporary suspension of European Union-US free trade talks over claims of US spying on European offices, but Germany said they should go ahead as planned.

The talks, on what would be the biggest free trade deal ever negotiated, are due to start in Washington on Monday, but revelations

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China now Leads U.S. in Trade

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China is now the largest trading nation in the world in terms of imports and exports, after overtaking the US last year.

China has leapfrogged the US to become the world’s biggest trading nation, bringing an end to the US’s post-war dominance of global commerce.

The total value of US exports and imports

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Iran: Judaism Responsible for International Drug Trade

Tehran: The teachings of the Jewish book of law, the Talmud, are a driving force behind the international drugs trade, Iran’s First Vice President Mohammad Reza Rahimi said in comments reported on Wednesday.

Rahimi’s remarks, at an international anti-drug conference in Tehran attended by many foreign diplomats on Tuesday, were a rare diatribe by an

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Back-Room Trade Deals with Terror Listed Nations

In another case of ‘do as I say, not as I do,’ the US government has granted special licenses allowing American companies to do billions of dollars in business with Iran and other countries blacklisted over the past decade, despite sanctions and trade embargoes. The NY Times said it found 10,000 licenses were

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