America’s second-largest oil client, China, has completely stopped buying crude from the United States as trade tensions between the world’s two largest economies continue to grow. While oil has not been included on the list of bilateral tariffs, Chinese refiners have been staying away from buying crude from the US. Read more “We are one […]
Tag: escalating
Saudi Arabia has expelled the Canadian ambassador and is freezing new trade with the country in an escalating feud over human rights
Getty Images/Business Insider Saudi Arabia has expelled Canada’s ambassador and frozen all new trade and investment with Ottawa over an escalating dispute centered on jailed human rights activists. The feud appears to have begun on Friday, when Global Affairs Canada tweeted that it was “gravely concerned” about a new wave of arrests in the Kingdom targeting […]
Escalating Trade Threats Drag Global Shares Lower
Global stocks dropped as trade tensions between the U.S. and China continued, sparking particularly heavy selling in Asia.
Stocks Dive Amid Escalating Trade Tensions With China
The Dow Jones Industrial Average tumbled more than 700 points as escalating tensions between the U.S. and China exacerbated investors’ fears of an all-out trade war between the world’s largest economies.
Dutch parliament recognizes Armenian genocide, escalating row with Turkey
The Dutch parliament has voted to recognize as genocide the 1915 massacre of 1.5 million Armenians by the Ottoman Empire. The move deepens a diplomatic row between the Netherlands and Turkey, which has seen envoys recalled. The motion, which was passed with the support of all major parties, comes after the Turkish government summoned the […]
LimeBike’s Expansion Shows How Bike-Share Wars Are Escalating
Rivalry among established Chinese companies and US startups has intensified into a trash-talking land grab involving electric scooters and electric bikes. https://media.wired.com/photos/5a84ad9d773c914a1aed2ef1/master/pass/Limebike-FeatureArt.jpg
Escalating Tension Over Taiwan Strait Airspace May Hinder Travel for Lunar New Year
Escalating Tension Over Taiwan Strait May Hinder Travel Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]
Chris Christie defends Robert Mueller over escalating attacks against the Russia investigation
Screenshot via MSNBC/Twitter Chris Christie defended special counsel Robert Mueller amid attacks from President Donald Trump and his allies as the Russia investigation heats up. The New Jersey governor and former Trump transition official suggested attacks on Mueller are misguided, because the special counsel could eventually exonerate the president. Trump supporters have escalated their criticisms […]
Escalating North Korea tensions were ‘a match to light the fire’ — now markets are at a crucial crossroads
Mounting tensions between the US and North Korea threw markets for a loop on Thursday before settling on Friday. Now risk assets are at a critical juncture. While the market reaction was swift and punishing, market experts don’t think it’s time to panic — yet. Mere days ago, risk assets looked unstoppable. Now, amid escalating […]
Trump is reportedly considering a ‘war room’ to hit back at the escalating Russia controversy
AP President Trump and his top advisers are reportedly considering creating a White House “war room” and a staff shake-up to combat current and future revelations related to the Russia controversy, The Washington Post reported on Saturday. The primary goal of the “war room” will be to more aggressively fire back at fallout in the wake of Trump’s […]