18.08.2022

Olaf Scholz said at a Thursday press conference that his government was cutting the value-added tax (VAT) on gas from the standard rate of 19% to 7% for a limited period until 2024.  The German chancellor said that he expected energy…

The United States announced on Wednesday that it will begin formal negotiations with Taiwan on a new wide-ranging trade initiative, in a bid to deepen economic engagement.    It's Washington's latest show of support for Taipei amid…

Turkey's central bank announced another interest rate cut on Thursday, reducing its key rate to 13% from 14%.  The central bank cited the "weakening effects of geopolitical risks" when explaining its decision.  The Turkish lira dipped…

Russia has been importing goods without the consent of their Western manufacturers for months. It's part of a scheme aimed at helping the country bypass supply restrictions put in place by Western countries and companies in response to its…

After completing a move from Paris Saint-Germain to West Ham on Wednesday, Thilo Kehrer will likely make his debut for the club in a European game on Thursday night. A Europa Conference League playoff against Danish side Viborg will be a…

Russia has been importing goods without the consent of their Western manufacturers for months. It's part of a scheme aimed at helping the country bypass supply restrictions put in place by Western countries and companies in response to its…

The United States and Taiwan have agreed to begin trade talks, set to start in early autumn, as part of a new initiative to boost relations even as tensions rise with China over the self-governed island. The negotiations would encompass a…