Washington: Crying foul, US President Donald Trump has threatened to pull his country out of the World Trade Organization (WTO), if the situation does not change. more
Argentina seeks quick release of $50bn loan from IMF as inflation soars

Buenos Aires: Argentina has asked for a quick release of $50 billion loan from the International Monetary Fund (IMF) in order to battle its soaring inflation.

International tourism arrivals hit record high in 2017, UN agency reports

New York, The number of people travelling abroad has hit its highest level since 2010, according to data from the Tourism Organization (UNWTO), a specialized agency of the United Nations. ...

Demanding release of pastor, US threatens to slap more sanctions against Turkey

Washington/Ankara: Demanding the release of a pastor, who is in captivity in Turkey, the US government has threatened to slap more sanctions against the Eurasian country.

Venezuela: President Maduro to raise fuel prices to stop smugglers from cheating country

Caracas: Cheap fuel will soon be a thing of the past in Venezuela as its President Nicolas Maduro has promised to raise the price of gasoline in order to stop smugglers from cheating the ...

China expresses shock as US imposes new sanctions

Beijing: Beijing has expressed shock after US said that it plans to impose new sanctions against China from September.

India surges ahead of France to take sixth spot on world's biggest economy list, says World Bank

New Delhi: India has raced ahead of France to take the sixth spot on World Bank's list of world's biggest economy.

Trump issues veiled threat against OPEC; Oil prices drop

Washington: Unhappy with surging oil prices, US President Donald Trump on Wednesday in a veiled threat tweeted the Organization of the Petroleum Exporting Countries (OPEC) to reduce price ...

Poorer countries set to be 'increasingly dependent' on food imports, says UN food agency report

New York: Poorer countries with rising populations and scarce natural resources are likely to be “increasingly dependent” on imports to feed their people, according to an annu ...

Food safety critical to development and ending poverty: FAO deputy chief

New York: Ensuring that people everywhere can trust the safety and quality of the food they eat is the focus of a UN meeting taking place this week in Rome.