Sergio Mattarella Italy President

Italy's President asks former IMF economist to form government

Two of the big winners from the vote -- populist Five Star Movement (M5S) and the far-right League party -- attempted to join forces but abandoned efforts after their nomination for Finance Minister, 81-year-old Paolo Savona, was shot down by Mattarella. May 28, 2018
crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices fall as Russia, US look to boost supplies

The Organization of the Petroleum Exporting Countries (OPEC), as well as other non- Opec countries started reducing supplies last year to boost oil prices, which in 2016 had fallen to under $30 per barrel. May 28, 2018
Qatar Airways is evaluating air routes opened by boycotting countries

Qatar bans goods from UAE, Saudi as embargo anniversary approaches

Imports into Qatar plunged about 40 percent from a year earlier in the initial weeks of the boycott, but they have since mostly returned to normal as Doha has found new sources of products in countries such as Turkey, and developed new shipping routes through places such as Oman. May 27, 2018
Donald Trump, Trump, US President Trump

Asian shares shaky after Trump ditches summit with North Korea

In addition to North Korea, the possibility of US tariffs on foreign auto imports are stoking worries about trade war, although investors also see this threat from Washington as a tactic to get better bilateral deals from major auto exporter nations. May 25, 2018
soundwave

Are aliens secretly implanting humans to control the mind?

Cuba had allegedly used sonic attacks to neutralise US diplomats or agents decades ago during the Cold War but now the latest incident on a US diplomat in China has sent shockwaves across the US which has issued a warning to be alert. May 24, 2018
crude oil prices, opec, us oil reserve, donald trump and crude oil, donald trump, saudi arabia

Oil prices boosted by news China, U.S. put trade war 'on hold'

Analysts say there is enough supply to meet demand despite ongoing production cuts led by the Organization of the Petroleum Exporting Countries (OPEC), plunging output in crisis-struck Venezuela and looming U.S. sanctions against major oil producer Iran. May 21, 2018
China and US flags

China agrees to import more from U.S., no sign of $200 billion figure

President Donald Trump has threatened to impose tariffs on up to $150 billion on Chinese goods to combat what his administration says is Beijing's misappropriation of U.S.intellectual property through joint venture requirements and other policies that force technology transfers. May 20, 2018