Donald Trump has officially become the 45th President of the United States with his presidential visit to Mexico City where he met the current president of Mexico, Enrique Pena Nieto to discuss about the bilateral relationship between the United States of America and Mexico. During their private conversation and their joint press conference, they have discussed about the current illegal immigration... 

Rice harvested in Japan’s Fukushima region, heavily affected by a nuclear meltdown in 2011, is returning to the EU, starting with Britain next month, the Japan Times reports. A total of 1.9 tons of Fukushima rice called Ten no Tsubu will be sold in London, making the UK the first EU nation to import the region’s produce after the nuclear disaster. The sale became possible after a long campaign... 

China warned the United States on Wednesday not to adopt punitive currency policies that could disrupt U.S.-China relations after Donald Trump’s win in the Nevada caucus. Foreign Ministry spokeswoman Hua Chunying told reporters in Beijing that “we are following with interest the U.S. presidential election.” Hua was asked about China’s response to a possible Trump presidency and his announced... 

Syria has announced plan to export more than 700,000 tons of citrus fruits to Russia after Moscow banned imports of Turkish fruit and vegetables in response to the downing of its bomber plane over Syria. A senior Syrian government official said on Tuesday that the measure aims to “fill the gap” left by Moscow’s ban on Turkish agricultural products, AFP reported. “We are preparing... 

The Russian Defense Ministry has released evidence which it says unmasks vast illegal oil trade by Islamic State and points to Turkey as the main destination for the smuggled petrol, implicating its leadership in aiding the terrorists. The Russian Defense Ministry held a major briefing on new findings concerning IS funding in Moscow on Wednesday. According to Deputy Defense Minister Anatoly Antonov,... 

When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down. It is just basic economics. Governments around the world have become very adept at manipulating other measures of economic activity such as GDP, but the trade numbers... 

A political analyst says the tightening of sanctions by the United States and the European Union (EU) against Russia is “counterproductive,” Press TV reports. In an interview with Press TV, Jan Oberg said the US-EU move to impose sanctions against Russia over the Ukrainian tension is “self-defeating” as it harms the economy of the West as well. “I think it is utterly counter-productive and... 

The United States is experiencing an “economic collapse” because major powers like China and Russia have decided not to use US dollar in trade, a political analyst says. “The American economy is just beginning to collapse. China, Russia and many other countries are moving away from using the US dollar in trade,” Linh Dinh said in an interview with Press TV on Tuesday. “So when the US dollar... 

Former National Security Agency contractor Edward Snowden shown in photo on the paper. France has urged the European Union to postpone talks with the United States on a major free trade agreement due to the recent allegations about US spying on EU offices. The EU-US trade talks are set to begin in Washington on July 8, but the revelations of US spying on European diplomatic missions have cast them... 

China has passed the US as the world’s biggest trading nation as measured by the sum of exports and imports in 2012. It’s a position the US has held for over six decades. ­US exports and imports of goods last year amounted to $3.82 trillion, the US Commerce Department said last week. China’s trade in goods was $3.87 trillion, according to the country’s customs administration report in January. While... 

Australian Foreign Minister Bob Carr Australia has expanded the economic sanctions against Iran over the country’s nuclear energy program. In a statement on Thursday, Australian Foreign Minister Bob Carr said that the new sanctions target Iran’s financial, trade, energy and transport sectors, the Associated Press reported. Carr claimed that the sanctions aim to mount pressure on Iran over its nuclear... 

When global freight transportation collapsed to record lows in July of this year most analysts wrote it off as an anomaly. In September, when one of the largest retail shipping companies in the world warned of weakening global economic conditions and announced they would slash thousands of jobs, financial markets barely even noticed. Last week, Google, the largest small business advertising platform... 

Uruguayan Foreign Minister Luis Almagro Uruguayan Foreign Minister Luis Almagro has told leaders and diplomats gathered in New York for a UN session that the US trade embargo on Cuba violates international law. Almagro made the remarks on Saturday in an address during the 67th session of the United Nations General Assembly. “Our country rejects any coercive unilateral or extra-territorial measure... 

Russia and Cuba are strengthening ties again, after a break which followed the collapse of the Soviet Union. The Soviet Union supplied Cuba with oil – up to 13 mn tons each year – and quantities of arms. In return, it received Cuban tobacco, coffee, fruit and sugar and enjoyed the right to build and operate military facilities on Cuban territory. After the Soviet collapse, however, these exchanges... 

Chilean President Sebastian Pinera (L) and Chinese Premier Wen Jiabao shake hands in Santiago on June 26, 2012. Chinese Premier Wen Jiabao has announced that China and Chile plan to increase their bilateral trade to 60 billion US dollars by 2015 in order to strengthen their economic relations. He made the comments at a joint press conference with Chilean President Sebastian Pinera in Santiago on Tuesday,...