The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.
You sent us your questions about the prime minister’s plan to form a closer relationship with the European Union. Our Canada bureau chief answers them.
Economies in Latin America and Europe rely on American diesel. Stopping exports could tip some countries into recession, hurting trade with the United States.
Iran has been launching drones and missiles at commercial ships in the waterway each week, though it has often failed to strike its targets, according to a Western security official.
The new pipeline from Alberta’s oil sands to the Pacific Coast may lower separatist tensions in that province while also loosening energy ties with the U.S.
Prime Minister Mark Carney of Canada speaking about an oil pipeline planned to connect distribution points in Alberta to ports in British Columbia on Thursday in Fort McMurray, Alberta.
A reduction in refineries has already driven the price of diesel to record highs, threatening economies. An U.S. export ban would be “tremendous shock and blow.”
Workers unloading produce in Manila, where soaring global diesel prices are driving up transport costs and pushing everyday food prices out of reach for consumers.
Connexion
