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

4 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

Dow Jones tanks 600+ points as Trump trades barbs with Beijing and the Federal Reserve

6 hours ago DieselGasoil Comments Off on Dow Jones tanks 600+ points as Trump trades barbs with Beijing and the Federal Reserve
The Dow Jones saw a steep drop of 700 points after a threat from Beijing to slap new tariffs on billions of dollars in American goods, and a harsh response from US President Donald Trump, but picked up before ending 621 down. The precipitous fall in the Dow on Friday came after China unveiled its Read More

Responding to Trump, UPS and FedEx say they already fight illegal drug shipments

7 hours ago DieselGasoil Comments Off on Responding to Trump, UPS and FedEx say they already fight illegal drug shipments
(Reuters) – FedEx Corp (FDX.N) and United Parcel Service Inc (UPS.N) said on Friday they already work closely with law enforcement to stop illegal shipments from entering the country after U.S. President Donald Trump ordered delivery firms to refuse packages of the powerful painkiller fentanyl from China. FILE PHOTO: The logo of United Parcel Service Read More

Dow Jones tanks 700+ points as Trump trades barbs with Beijing and the Federal Reserve

7 hours ago DieselGasoil Comments Off on Dow Jones tanks 700+ points as Trump trades barbs with Beijing and the Federal Reserve
The Dow Jones saw a steep drop of 700 points following a threat from Beijing to slap new tariffs on billions of dollars in American goods – and a harsh response from US President Donald Trump – amid an ongoing trade dispute. The precipitous fall in the Dow on Friday came after China unveiled its Read More

New Citgo chief won’t sell out, making debt reduction a top priority

7 hours ago DieselGasoil Comments Off on New Citgo chief won’t sell out, making debt reduction a top priority
By David Wethe and Lucia Kassai on 8/23/2019 HOUSTON (Bloomberg) – Citgo Petroleum isn’t for sale, says the man named the company’s new leader by the opposition to Venezuelan President Nicolas Maduro. His priority moving forward is to prepare for a return to normalcy. “Many challenges” remain at Houston-based Citgo, Carlos Jorda said in his Read More

Facing global pressure, Brazil’s Bolsonaro may send army to curb Amazon fires

9 hours ago DieselGasoil Comments Off on Facing global pressure, Brazil’s Bolsonaro may send army to curb Amazon fires
BRASILIA (Reuters) – Amid growing global condemnation, Brazil’s President Jair Bolsonaro said on Friday he may mobilize the army to help combat a record number of fires sweeping through the Amazon rainforest. The Trump administration said it was “deeply concerned” about the wildfires and European leaders ratcheted up criticism of Brazil’s handling of the crisis, Read More

Responding to Trump, UPS, FedEx say they already fight illegal drug shipments

9 hours ago DieselGasoil Comments Off on Responding to Trump, UPS, FedEx say they already fight illegal drug shipments
(Reuters) – United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) on Friday said they already work closely with law enforcement to stop illegal shipments from entering the country, after U.S. President Donald Trump called on delivery firms to refuse packages of synthetic opioid fentanyl from China. FILE PHOTO: The logo of United Parcel Service Read More

China places first-time tariff on U.S. crude

9 hours ago DieselGasoil Comments Off on China places first-time tariff on U.S. crude
By Jessica Summers and Sheela Tobben on 8/23/2019 NEW YORK (Bloomberg) – Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated. Futures fell as much as 3.5% in New York on Friday, erasing this week’s gain. Read More

Oil sinks as China places first-time tariff on U.S. crude

10 hours ago DieselGasoil Comments Off on Oil sinks as China places first-time tariff on U.S. crude
By Jessica Summers and Sheela Tobben on 8/23/2019 NEW YORK (Bloomberg) – Crude plunged to a two-week low after China announced tariffs on U.S. crude oil for the first time as the trade war between the world’s biggest economies escalated. Futures fell as much as 3.5% in New York on Friday, erasing this week’s gain. Read More

Amid global pressure, Brazil’s Bolsonaro looks to send army to fight Amazon fires

11 hours ago DieselGasoil Comments Off on Amid global pressure, Brazil’s Bolsonaro looks to send army to fight Amazon fires
BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro said on Friday he may mobilize the army to help combat fires sweeping through the Amazon rainforest, as international condemnation and pressure mounted for tough action to quell the unfolding crisis. Having first dismissed the fires as natural, then blaming non-governmental organizations without evidence for lighting them, Bolsonaro Read More