India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
Category: International Trade and World Market
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Kremlin Moves to Seize Control of Nestlé’s Russia Operations
The New York Times – Business:The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.
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As a New Oil Power, China Gains More Sway Over Energy Markets
The New York Times – Business:The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.
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Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision
The New York Times – Business:This month, the president threatened to halt a broad swath of trade if interest rates were not cut, once again putting pressure on the independent central bank.
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Carney Pitches Canada as a Haven of Investment Stability in a Chaotic World
The New York Times – Business:The prime minister brought together about 100 money managers in Toronto to promote Canada as the ideal place for their investments.
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What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.
The New York Times – Business:President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.
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Trump Promises to Lift Tariffs on Irish Whiskey After Appeals
The New York Times – Business:President Trump’s decision, announced while visiting his golf course in Ireland, was the latest shift in his trade policies.
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India Wants to Buy Fewer Chinese Imports, but Keeps Needing More
The New York Times – Business:Trade between India and China has nearly doubled in five years, leaving New Delhi with a widening deficit and a difficult choice over how to build its industrial future.
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At BRICS Summit, China and India Vie for Influence
The New York Times – On the Runway:China sees the BRICS group as a vehicle for challenging American power. India wants to keep the group broad enough to avoid choosing sides.
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A Sprint to Decipher U.S.-Canada Tariffs: ‘Are Sprinkles on the List?’
The New York Times – Business:President Trump’s levies on a long, eclectic list of products from Canada has companies scrambling to figure out if their supply chains are affected.
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Yemen’s Houthis Seize Strategic Red Sea Port, Officials Say
The New York Times – On the Runway:The Iran-backed militia routed Yemeni government forces in Mokha, putting the group in a stronger position to attack ships in a crucial waterway for global trade.