Inside Venezuela’s daily struggle for fuel that gvt vows to end with Iran imports, FRANCE 24 reports

Although Venezuela has the World’s largest oil reserves, the country has been struggling with fuel shortages that are hitting all sectors and regions, with queues that can take several days to refill. But Caracas vows to end this crisis by importing tons of oil from Iran. FRANCE 24’s team reports from Caracas. Subscribe to France … Read more Inside Venezuela’s daily struggle for fuel that gvt vows to end with Iran imports, FRANCE 24 reports

‘Balance of Power’ Full Show (06/01/2020)

Jun.01 — “Bloomberg: Balance of Power” focuses on the intersection of politics and global business. Congresswoman Joyce Beatty of Ohio discusses the wave of protests in the U.S. and the latest on coronavirus in her district. Plus, we hear from the sheriff who joined in with protesters in Michigan. Also: former U.S. Ambassador to China … Read more ‘Balance of Power’ Full Show (06/01/2020)

China slaps Australia with barley tariffs as trade tensions flare

Ties between Australia and China are under growing strain after Beijing imposed tariffs and suspensions on Australian agricultural products. China has threatened to impose tariffs of up to 80 percent on Australian barley and has suspended Australian beef imports, after Australia’s push for an international investigation into the origins of COVID-19. Al Jazeera’s Nicola Gage … Read more China slaps Australia with barley tariffs as trade tensions flare

China imposes 80 per cent tariff on Australian barley | ABC News

China has imposed a massive 80 per cent tariff on Australian barley imports from today, saying the product has been imported against trade rules. The import tax will remain in place for five years, and is expected to wipe out Australian sales into the lucrative market. Read more here: https://www.abc.net.au/news/2020-05-18/china-to-impose-tariffs-on-australian-barley/12261108 For more from ABC News, … Read more China imposes 80 per cent tariff on Australian barley | ABC News

Live: Briefing on COVID-19 control at entry points and in border cities 中国口岸城市疫情防控工作情况

China’s Joint Prevention and Control Mechanism of the State Council holds a daily press conference in Beijing, featuring #COVID19 prevention and control measures at entry points and in border cities. At the moment, the focus of epidemic control is to prevent imports and internal resurgence. China’s entry points and border cities are under increasing pressure … Read more Live: Briefing on COVID-19 control at entry points and in border cities 中国口岸城市疫情防控工作情况

Trade tensions between Australia and China threatening a number of local export industries | 7.30

Trade tensions between Australia and China are threatening a number of local export industries. Beijing has targeted imports of Australian beef and barley, just weeks after our Prime Minister called for an international inquiry into the origins of COVID-19. For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on … Read more Trade tensions between Australia and China threatening a number of local export industries | 7.30

Coronavirus update: The latest COVID-19 news for Wednesday May 13 | ABC News

Victorians are enjoying some re-instated freedom today. People in other states and territories will get some reprieve from coronavirus restrictions over the coming week. The virus is still present in the general community and being passed from person- to-person so the warnings are still very much in place to be vigilant. We’ve had the sad … Read more Coronavirus update: The latest COVID-19 news for Wednesday May 13 | ABC News

Australian Meat Industry Council: Chinese Consumers Want Our Beef

May.12 — Patrick Hutchinson, chief executive officer of the Australian Meat Industry Council, talks about China’s decision to suspend meat imports from four Australian abattoirs. The move is fueling concerns that escalating tensions between the two nations are damaging Australia’s most important trading relationship. Hutchinson speaks on “Bloomberg Daybreak: Australia.”

Beijing issues new list of tariff waivers on 79 U.S. products

CGTN announced that Beijing has issued a new list of tariff waivers on 79 US products, meaning that various goods imported from the USA would no longer be subject to any tariff. China’s finance ministry has announced a new list of 79 U.S. products that will be eligible for import tariff waivers for a year. … Read more Beijing issues new list of tariff waivers on 79 U.S. products

China’s beef with Australia continues as it suspends imports from four abattoirs | ABC News

In an escalation of China’s trade war tactics, our largest trading partner has suspended imports of beef from four Australian abattoirs. It comes just weeks after China’s Ambassador threatened a consumer boycott of Australian produce and a matter of days after Beijing said it would introduce tariffs to effectively end Australian imports of barley. Read … Read more China’s beef with Australia continues as it suspends imports from four abattoirs | ABC News

Local markets sag on back of China trade and fears of ‘second wave’ | Finance Report

Australian shares have fallen sharply after a jump in COVID-19 cases in South Korea and Germany rattled investors and led to a mixed performance across global markets. The dollar also dipped after China announced it was suspending beef imports from four Australian abattoirs Read more here: https://www.abc.net.au/news/2020-05-12/wall-street-nasdaq-asx-fall-rising-coronavirus-covid19-cases/12237164?section=business For more from ABC News, click here: https://ab.co/2kxYCZY … Read more Local markets sag on back of China trade and fears of ‘second wave’ | Finance Report

U.S., China Trade Chiefs to Speak as Trump Threatens Deal

Top Chinese and U.S. trade negotiators will speak as soon as next week on progress in implementing a phase-one deal after President Donald Trump threatened to “terminate” the agreement if Beijing wasn’t adhering to the terms. Chinese Vice Premier Liu He will be on the call, according to people familiar with the matter. The U.S. … Read more U.S., China Trade Chiefs to Speak as Trump Threatens Deal

Gunfire and banks damaged, as demonstrations turn violent in northern Lebanon

Lebanon’s banking association called on all banks to remain shut on Tuesday, following a night of gunfire and violence in the northern city of Tripoli, The coronavirus has exacerbated the country’s ongoing economic woes. The pound has lost more than half its value, fuelling inflation in a country heavily dependent on imports, while unemployment has … Read more Gunfire and banks damaged, as demonstrations turn violent in northern Lebanon

Rising calls to block Saudi crude shipments to US

As oil producers struggle with the largest glut in global history, the biggest Saudi oil shipment in years is making its way to the United States. But Washington is considering banning Saudi crude imports as the US is running out of space to store it. Saudi Arabia may be forced to turn its tankers around … Read more Rising calls to block Saudi crude shipments to US

Coronavirus Pandemic Could Lead to Famines of ‘Biblical Proportions,’ UN Warns

The threat of social and political unrest around the world is rising as the coronavirus crisis fuels discontent amid food shortages, job losses and lockdowns. That may particularly impact nations that are already battling food crises, according to a report from 16 organizations including United Nations agencies and the European Union. The number of people … Read more Coronavirus Pandemic Could Lead to Famines of ‘Biblical Proportions,’ UN Warns