New deal will be called the United States-Mexico-Canada Agreement, or USMCA Canada and the US have reached a deal to resurrect a free trade agreement with Mexico, a replacement for the Nafta deal which Donald Trump had campaigned against and described as a job-killing disaster. The deal was reached just ... Read More »
EU, China and Russia in move to sidestep US sanctions on Iran
Special Purpose Vehicle aims to keep Iran in 2015 nuclear deal with barter system The European Union, Iran, China and Russia have set out a plan to sidestep unilateral US sanctions designed to cripple the Iranian economy and force the Iranians to renegotiate the nuclear deal signed in 2015. European ... Read More »
‘Break the shell of mistrust’: Shinzo Abe willing to meet Kim Jong-un at summit
Summit could lower tensions between Tokyo and Pyongyang but Japanese PM still wants action on cold war abductions Japan’s prime minister, Shinzo Abe, has said he is willing to meet Kim Jong-un in a move that could lower simmering tensions between Tokyo and Pyongyang. But he insisted that any summit ... Read More »
Venezuela’s Maduro accuses Chile, Colombia, Mexico of helping drone attack
Venezuela’s socialist president Nicolas Maduro accused the right-wing governments of Chile, Colombia and Mexico on Monday of helping “terrorists” who tried to kill him during a drone attack in early August. The three countries refuted Venezuela’s accusations that they were linked to the attack, which used drones carrying explosives during ... Read More »
Russia sends angry message at Israel by offering Syrians upgraded anti-aircraft weaponry
Russia blames Israel for the downing of a military aircraft last week Moscow has announced it will supply advanced S-300 surface-to-air and jamming systems to Syria within the next two weeks. Speaking on Monday, Defence Minister Sergei Shoigu claimed the move would “cool hotheads” in the region. But he also ... Read More »
U.S. approves $330 million military sale to Taiwan
The U.S. State Department has approved the sale to Taiwan of spare parts for F-16 fighter planes and other military aircraft worth up to $330 million, the Pentagon said on Monday. U.S. military sales to self-ruled Taiwan, which China claims as its territory, is an irritant in the relations between ... Read More »
Hong Kong bans pro-independence party for ‘security reasons’ in unprecedented blow to protest rights
Perception of growing influence from China has stoked tensions in recent years Hong Kong has taken the unprecedented step of banning a pro-independence party, invoking a colonial-era “national security” law for the first time since Britain handed over control of the territory to China in 1997. The Hong Kong National ... Read More »
Thousands mourn victims of Iran military parade attack
Thousands of people packed the streets of the southwestern Iranian city of Ahvaz on Monday to mourn the victims of an attack on a military parade that killed 25 people, including 12 members of the elite Revolutionary Guards. Saturday’s assault, one of the worst against the most powerful military force ... Read More »
Asian shares wobble on fear of long U.S.-China trade war; oil rallies
Asian shares stumbled in holiday-thinned trading on Monday as China’s decision to cancel talks with the United States reinforced fears of a protracted trade war with neither side willing to back down. Oil prices jumped after top producers ruled out boosting crude output. U.S. stock futures were a touch weaker ... Read More »
Canada accuses Myanmar of genocide against Rohingya
Lower house of parliament endorses UN findings of crimes against humanity by military and calls for prosecution Canadian lawmakers have unanimously voted to declare Myanmar’s military actions against the Rohingya people a genocide. The House of Commons endorsed the findings of a UN fact-finding mission on Myanmar that found “crimes ... Read More »