The Kalma Beach resort town, one of Kim Jong-un’s most ambitious projects aimed at attracting foreign tourists, may not draw the waves of visitors he wants.
Category: International Relations
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Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.
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As Trade Deadline Nears, Europe Preps for a Scant Outline of a Deal
President Trump’s administration once promised 90 deals in 90 days. When it comes to the European Union, it may be more of a framework.
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Stocks Rise and Oil Prices Fall as Israel-Iran Cease-Fire Begins
A second day of declining oil prices helped lift stocks. Energy costs are a primary expense for companies, making them an important factor in inflation calculations.
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Chinese Companies Set Their Sights on Brazil
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy.
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Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, comes amid increased reports of GPS jamming.
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BYD and Other Chinese Carmakers Expand Sales in Europe Despite Tariffs
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.
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Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
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Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
Industry experts are examining possible scenarios, including one in which the price of oil doubles this year.
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New Trade Deal Could Boost UK Food Exports to EU, Including Shellfish
Brexit had complicated many of Britain’s food exports to Europe. A new trade deal between the U.K. and the E.U. could make them easier, including for shellfish farmers.
