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Cruise line Carnival seeks dismissal of U.S. lawsuits over Cuba docks

2 months ago DieselGasoil Comments Off on Cruise line Carnival seeks dismissal of U.S. lawsuits over Cuba docks
HAVANA (Reuters) – Cruise line Carnival Corp is asking a U.S. court to dismiss lawsuits that claim the company profited from confiscated Cuban property, the first such cases brought since the Trump administration made them possible this month. FILE PHOTO: People look at the arrival of U.S. Carnival cruise ship Adonia at the Havana bay, Read More

US EPA lifts E15 ban as summer driving season starts, but lawsuits loom

2 months ago DieselGasoil Comments Off on US EPA lifts E15 ban as summer driving season starts, but lawsuits loom
Highlights Slow expansion likely as fuel retailers wait to install pumps Oil industry expected to challenge policy in court EPA backs away from proposal to reform RINs trading Washington — The US Environmental Protection Agency on Friday removed the summer ban on higher ethanol blends before the US peak driving season starts this weekend, but Read More

Trump lifts curbs on E15 gasoline to help farmers, angering Big Oil

2 months ago DieselGasoil Comments Off on Trump lifts curbs on E15 gasoline to help farmers, angering Big Oil
WASHINGTON (Reuters) – The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but drawing a legal threat from the oil industry. FILE PHOTO: A gas pump selling E15, a gasoline with 15 percent of ethanol, Read More

Trade war could trigger ‘global financial crisis,’ says ex-China central bank chief

2 months ago DieselGasoil Comments Off on Trade war could trigger ‘global financial crisis,’ says ex-China central bank chief
Further escalation of the trade dispute between the world’s two largest economies, China and the US, could greatly hurt the global economy, according to former governor of the People’s Bank of China (PBOC), Dai Xianglong. Talking at a press event in Beijing on Friday, he said that, “The consequence of the China-US trade war not Read More

Trump slaps Mexico with 5% tariffs of EVERYTHING until it solves US immigration problem

2 months ago DieselGasoil Comments Off on Trump slaps Mexico with 5% tariffs of EVERYTHING until it solves US immigration problem
A five percent tariff on all goods coming from Mexico will go into effect on June 10, and will gradually increase until the illegal immigration problem is resolved, US President Donald Trump has announced. This appears to be the “big league” announcement on the border Trump had teased earlier in the day, prior to delivering Read More

‘The world needs India’: New Delhi seeks permanent seat at UN Security Council

2 months ago DieselGasoil Comments Off on ‘The world needs India’: New Delhi seeks permanent seat at UN Security Council
India must have a permanent seat on the UNSC to ensure proper representation of the world’s largest democracy on the international stage, the Vice President stressed, as New Delhi continues to promulgate the council’s reform. “We must renew our efforts to gain a permanent membership of the UN Security Council by further enhancing support from Read More

Shortages plague Cuba as U.S. sanctions sharpen economic woes

2 months ago DieselGasoil Comments Off on Shortages plague Cuba as U.S. sanctions sharpen economic woes
HAVANA (Reuters) – Israel Hidalgo and his wife left home around 7:30 a.m. to reach a supermarket across Havana because they heard it might be selling chicken, a staple of the Cuban diet increasingly scarce on the shortage-plagued island. After Cuba started limiting sales this month, partly blaming tightened U.S. economic sanctions on the Communist-run Read More

Le Pen declares victory over Macron as Greek PM calls snap election

2 months ago DieselGasoil Comments Off on Le Pen declares victory over Macron as Greek PM calls snap election
Marine Le Pen is claiming victory in the European Parliament election over pro-EU French President Emmanuel Macron. The far-right, nationalist leader said the expected result in France “confirms the new nationalist-globalist division in France and beyond”. French polling agencies are projecting that Ms Le Pen’s National Rally party will come first in France’s voting on Read More

Final results: Modi’s party wins overwhelming majority in Indian parliament

2 months ago DieselGasoil Comments Off on Final results: Modi’s party wins overwhelming majority in Indian parliament
India’s ruling Hindu Nationalist Bharatiya Janata Party won 303 out of 525 seats in the Lok Sabha, the lower house of Parliament, securing President Narendra Modi’s second term with his closest rival’s party taking only 52 places. Modi celebrated his landslide victory after official voting ended on Friday with well beyond the simple majority needed Read More