The United States has failed to sufficiently substantiate the need for a sharp increase in duties on Chinese goods in 2018, and these measures are contrary to international trade rules. This is the conclusion reached by the WTO arbitrators, who considered China's claim on two lists of goods, the volume of imports of which to the United States was equal to $ 234 billion. The World Trade...

The ceremony will be held in Washington on Tuesday. During the event, the UAE and Bahrain will sign an agreement to normalize diplomatic relations with Israel. According to the Israeli Times of Israel, Israeli Prime Minister Benjamin Netanyahu arrived in Washington for the ceremony. It is expected that the UAE and Bahrain will be represented at the ceremony by the foreign ministers of these...

On Sunday, the Israeli government spoke in favor of introducing a self-isolation regime in the country to slow the spread of the coronavirus COVID-19, The Jerusalem Post reported. It is planned that the regime will take effect next Friday at 14:00 local time and will last until October 9. During this period, almost all schools will be closed, residents will be prohibited from moving further than...

Australian pension fund Hesta, which invests in mining company Rio Tinto, has demanded that all of its agreements with indigenous people be reviewed following the scandal over the destruction of ancient caves in the Pilbara region, writes The Guardian. The requirement for an independent review is contained in Hesta's letter to Rio Tinto's board of directors. "Mining companies that unfairly and...

In August, Belarus spent $ 1.4 billion from gold and foreign exchange reserves; the country's reserves fell by almost 16%. The country has been shaken by protests against Alexander Lukashenko for a month now, and the European Union is threatening the country with sanctions. The gold and foreign exchange reserves of Belarus fell by 15.8% in August: according to preliminary data, the country spent...

Britain has set a deadline of October 15 to negotiate a Brexit trade deal with the European Union, Reuters reported, citing a statement by British Prime Minister Boris Johnson ahead of the final round of negotiations. If the deal is not agreed, both parties should "take it and move on," he said. Negotiations are due to resume on Monday 7 September. They were previously stumped by Britain's...

Thomas Reynaud, CEO of Iliad, which owns the French mobile operator Free, complained that the country's authorities did not allow his company to use Huawei equipment to create a 5G communication network. At the same time, there is no formal ban on cooperation with Huawei in this area in France, and other operators are working with the Chinese supplier. “We have not received permission to host...

Head of government of Mexico City, Claudia Sheinbaum, presented a plan to reactivate the region's economy in the amount of $ 5.3 billion, under which the city will create 300,000 direct jobs lost as a result of the COVID-19 pandemic. "We estimate private investment of 75 billion pesos ($ 3.45 billion). Over the last five months of this year and the first months of next year to create 300,000...

National Statistics Office of India released data for the first quarter of the 2020-2021 fiscal year, which ended at the end of June. India's GDP during this period fell by 23.9% compared to the first quarter of last year. This is the largest decline since 1996, when India began publishing quarterly data. The decline turned out to be stronger than analysts expected: they forecasted that GDP...