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Washington cannot dictate who Europeans should and shouldn't trade with – Belgian PM

By ethan / September 26, 2018

The United States has no right to tell European companies who they can trade and develop economic relations with, according to the Belgian Prime Minister Charles Michel. “We cannot accept that the US decided the regions with which European companies can or cannot do business,” Michel said in an interview with Belgian French-language broadcaster RTBF […]

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Turkey will continue buying gas from Iran despite US sanctions – Erdogan

By ethan / September 26, 2018

Ankara plans to stay committed to its long-term energy-supply deal with Tehran despite Washington’s threats to punish countries that do business with Iran, Turkey’s President Recep Tayyip Erdogan said. “We need to be realistic… Am I supposed to let people freeze in winter?… Nobody should be offended. How can I heat my people’s homes if […]

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India’s crude-oil demand to reach 500 million tons in 2040 – biggest refiner

By ethan / September 26, 2018

Crude-oil demand in India is expected to rise to some 10 million barrels per day (bpd) or 500 million tons by 2040 from around 4.7 million bpd in 2017, according to the country’s biggest refiner, Indian Oil Corporation. Total global oil demand is forecast to rise by another 15.8 million bpd by 2040, Reuters quoted Partha […]

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WTO ‘violates every single principle’ on which it is based – Trump

By ethan / September 25, 2018

US President Donald Trump has criticized the World Trade Organization (WTO) and urged to re-shape the global trade. “Many nations in this hall will agree that the world trading system is in dire need of change,” Trump said speaking to the UN General Assembly on Tuesday. “Countries were admitted to the World Trade Organization that […]

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