Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against U.S. President Donald Trump's decision to hike duties on Chinese goods and raising the stakes in a trade war that threatens to up-end global supply chains.China's retaliation intensified the economic turmoil unleashed by Trump's tariffs
The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House, the new measures include a 10% minimum tariff on most imported goods, with certain products - particularly those from major U.S.
Indian Prime Minister Narendra Modi and French President Emmanuel Macron visited the CMA CGM Group headquarters in Marseille during Modi’s state visit to France. Rodolphe Saadé, Chairman and CEO of CMA CGM, welcomed both leaders for discussions on strengthening economic ties and advancing the India-Middle East-Europe Economic Corridor (IMEC).
Anti-whaling activist Paul Watson will remain in detention in Greenland where he has been held since July while Denmark decides whether to extradite him to Japan, local police said on Wednesday.U.S.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group and of the Captain Paul Watson Foundation
Anti-whaling activist Paul Watson will remain in detention in Greenland after he was arrested in the Danish autonomous territory last month, while Denmark decides whether to extradite him to Japan, a local court ruled on Thursday.U.S.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group and of the Captain Paul Watson Foundation
The Dutch city of The Hague will host the NATO summit next week, with tight security in place as it welcomes around 6,000 delegates and world leaders from 32 countries, including U.S. President Donald Trump, French President Emmanuel Macron, and U.K. Prime Minister Keir Starmer.The Dutch navy will deploy seven frigates and Belgium will contribute one navy vessel to monitor all activity at sea
The Nigerian Navy has arrested 76 vessels and at least 242 suspects in anti-oil theft operations, and destroyed more than 800 illegal refining sites during a two-year crackdown, it said on Thursday.Rampant oil theft from pipelines and wells has crippled Nigeria's oil industry in recent years, damaging government finances and stifling exports.
French President Emmanuel Macron on Tuesday (June 10) met with leaders of Pacific island nations on the sidelines of a United Nations ocean conference in the southern French city of Nice.Macron discussed the impacts of climate change to the Oceania nations, one of the regions most prone to rising sea levels
The international treaty on the high seas, which focuses on conservation and sustainable use of maritime areas beyond national jurisdictions, has received sufficient support to take effect early in 2026, French President Emmanuel Macron said on Monday.Speaking at the third United Nations Ocean Conference in Nice, Macron said 55 countries' ratifications of the treaty have been completed
Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro ($110 million) partnership unveiled on Sunday, which the French firms also touted as a commitment to their home country amid the global trade tensions.The five-year partnership, which will bring CMA CGM's AI-related spending to 500 million euros ($550 million)
Anti-whaling activist Paul Watson, detained in Greenland and awaiting possible extradition to Japan, has appealed to President Emmanuel Macron for political asylum in France his Captain Paul Watson Foundation said on Wednesday.US.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group, was stopped by police when his ship docked at the port of Nuuk in Greenland on July 21.
Nigeria's oil output has risen to between 1.6 million and 1.7 million barrels per day after the government beefed up security to curb crude theft, Chief of Naval Staff Emmanuel Ikechukwu Ogalla said on Tuesday.Crude production in Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), stood at 1.2 million barrels per day in February, Ogalla said.