President Donald Trump

Saudi Arabia to quietly pump extra oil to offset drop in Iranian production

Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop…

By Businessam Staff
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Trump says he’s ready to hit China with another $267 billion in tariffs

US president Donald Trump has threatened to intensify his trade war with China, warning he could impose tariffs on almost…

Gold rises as dollar weakens against yen

Gold steadied on Friday as the dollar slipped against a currency basket despite fears over looming China-US trade tariffs, and…

OPEC August oil output hits 2018 high despite Iran losses, Reuters survey shows

According to a Reuters survey on Friday, the 15-member Organization of the Petroleum Exporting Countries (OPEC) has pumped 32.79 million…

The Turkish emerging market time bomb

Jim O'Neill   Turkey’s falling currency and deteriorating financial conditions lend credence, at least for some people, to the notion…

China slaps 25% tariffs on $16 billion worth of US goods

The Chinese ministry of commerce Wednesday announced a 25 percent charge on $16 billion worth of U.S. goods. The 333…

U.S. will not stop Iran oil exports, says foreign minister

U.S. plan to reduce Iran’s oil exports to zero will not succeed, Iranian Foreign Minister, Mohammad Zarif was cited as…

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