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Chance of world leaders reaching an agreement at G7 summit are poor

18 mins ago DieselGasoil Comments Off on Chance of world leaders reaching an agreement at G7 summit are poor
By Dominic Waghorn, diplomatic editor It used to be a reassuring ritual. World leaders turn up at a glamorous location somewhere, agree on how to make the world better, richer or safer, and leave after issuing a heart-warming communique to that effect. How quaint. Image: Donald Trump speaking at last year’s G7 summit in Quebec Read More

Boris Johnson heading to his first international summit as PM

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By Rob Powell, political reporter Boris Johnson is heading to his first international summit as prime minister – and meetings with Donald Trump, the EU and other world leaders on the agenda. International issues such as climate change, inequality and security are likely to dominate the three-day G7 summit in the French seaside town of Read More

Brazil’s president to send army in to tackle wildfires

18 mins ago DieselGasoil Comments Off on Brazil’s president to send army in to tackle wildfires
Brazil’s president has signed an order deploying the military to help protect the Amazon from wildfires, a state governor in the country has said. President Jair Bolsonaro had earlier suggested troops could be sent in to battle the fires in the face of a global outcry. Antonio Denarium, the governor of the state of Roraima, Read More

Japan, U.S. made ‘big progress’ in trade talks: Japanese minister

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WASHINGTON (Reuters) – The United States and Japan have made “big progress” in bilateral trade talks and shared the understanding of the directionality of the trade talks, Japanese Economy Minister Toshimitsu Motegi said on Friday. FILE PHOTO: Japan’s Minister of Economic Revitalization Toshimitsu Motegi speaks during the signing agreement ceremony for the Trans-Pacific Partnership (TPP) Read More

Key dates in the U.S.-China trade war

3 hours ago DieselGasoil Comments Off on Key dates in the U.S.-China trade war
(Reuters) – Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world’s two largest economies. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Read More

As EU threatens trade retaliation, Brazil sends army to fight Amazon fires

3 hours ago DieselGasoil Comments Off on As EU threatens trade retaliation, Brazil sends army to fight Amazon fires
BRASILIA (Reuters) – European leaders on Friday threatened to tear up a trade deal with South America, reflecting the growing international dismay and anger with Brazil as a record number of fires in the Amazon rainforest intensified the unfolding environmental crisis. Against the global chorus of condemnation, Brazilian President Jair Bolsonaro was mobilizing the army Read More

Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation

3 hours ago DieselGasoil Comments Off on Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies. FILE PHOTO: Containers are seen at the Yangshan Deep Water Read More

Brazil’s president prepares to send army in to tackle wildfires

6 hours ago DieselGasoil Comments Off on Brazil’s president prepares to send army in to tackle wildfires
Brazil’s president has said the the military could be sent in to battle the Amazon wildfires in the face of an international outcry. France and Ireland have threatened to block a free trade deal between the EU and a South American trading bloc unless Jair Bolsonaro takes action, while the British prime minister has said Read More

France’s Macron says real ‘ecocide’ going on in Amazon

6 hours ago DieselGasoil Comments Off on France’s Macron says real ‘ecocide’ going on in Amazon
PARIS (Reuters) – The Amazon needs better management to end the ‘ecocide’ that is going on in the rainforest, French President Emmanuel Macron said on Friday ahead of a G7 summit at the weekend. As forest fires rage in Brazil, Macron told French news website Konbini that the issue would be discussed at the meeting Read More

Trump calls on U.S. firms to exit China as trade war escalates

6 hours ago DieselGasoil Comments Off on Trump calls on U.S. firms to exit China as trade war escalates
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping pose for a photo ahead of Read More