The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.
Category: International Relations
-
Crises Everywhere, but the Markets Don’t Seem to Mind
The New York Times – Business:Stocks have prospered while the world has plunged into disorder, an economist says. “Keep calm and carry on” may be the best investors can do.
-
U.N. Says It’s in Danger of Financial Collapse Because of Members’ Unpaid Dues
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the United States, did not pay annual dues that amount to billions of dollars.
-
In a Bid to Kick-Start Growth, Britain Turns to China
Buffeted by tariffs and trade tensions, Prime Minister Keir Starmer took British business leaders to China and emerged with deals on visas and Scotch whisky, as well as pledges to deepen ties.
-
Panama Court Strikes Down Hong Kong Firm’s Canal Contract
President Trump has said he wants American control of the canal, putting the longtime ports operator, CK Hutchison, in the cross-hairs of the U.S.-China trade conflict.
-
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector
Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
-
U.K.’s Starmer Meets Xi Jinping in Beijing as Ties Warm
Prime Minister Keir Starmer of Britain met with President Xi Jinping of China as he sought to promote business ties with the world’s second-largest economy.
-
South Africa Cancels Release of ‘Melania’ Documentary
The distributor, which was set to release the film on Friday, said it had canceled the theatrical premiere because of “recent developments,” but declined to specify.
-
In Trump’s Shadow, India and the European Union Expand Trade Ties
After nearly 20 years of negotiations, the two sides struck a far-reaching agreement that officials called “the mother of all trade deals.”
-
Trump Says He Will Raise Tariffs on South Korea to 25%
President Trump threatened to increase tariffs on South Korean exports, including cars, citing the country’s slow ratification of a trade deal.
-
Trump Returns to a Familiar Role: Sowing Trade Chaos
The president’s quick reversal on tariffs over Greenland was another sign of his willingness to rip up the international order — even parts of it that he himself has made.