Coral reef bleaching may be easing after three years of high ocean temperatures, the longest such period since the 1980s, the National Oceanic and Atmospheric Administration said on Monday. Its experts said satellite data and other analysis showed widespread bleaching was no longer occurring in all three ocean basins — Atlantic, Pacific and Indian — … Read more
Chinese and US experts from think tanks and political circles stressed the importance of more investment in each other while discussing the approaches to enhance mutually beneficial cooperation at a dialogue held in Manhattan on Wednesday. The High-level Dialogue on US-China Economic Relations, hosted by the New York City-based Asia Society Policy Institute and the … Read more
Trade tensions between the United States and Canada ramped up Tuesday after US President Donald Trump threatened to retaliate against the US neighbor for additional restrictions it imposed on US dairy products, hours after Washington rekindled an old trade conflict by slapping new tariffs on Canadian softwood lumber. “Canada has made business for our dairy … Read more
The United States rekindled an old trade conflict with Canada when it announced Monday that it was slapping new tariffs on Canadian softwood lumber imports. The US Commerce Department said it had reached a “preliminary determination” that Canada is improperly subsidizing softwood lumber exports to the United States. Softwood lumber is used mainly for home … Read more
US President Donald Trump is launching a campaign to pinpoint nations and goods responsible for his country’s huge trade deficit. It’s a protectionist warning shot directed at trade partners like China and Germany. Top administration officials said Donald Trump would issue a pair of executive orders on Friday “aimed at rooting out the causes and … Read more
Germany has called on the European Commission to back its steelmakers by insisting on global trade rules in a dispute with US competitors over alleged German price dumping on the embattled US market. The US Department of Commerce has launched price dumping proceedings against foreign steel firms, including two German producers, suspecting they may be … Read more
Mexico has warned the US against imposing a unilateral tax on Mexican imports to finance a border wall, saying it could respond in kind. Foreign Minister Luis Videgaray said the government could place tariffs on selected goods from US states reliant on exports to Mexico. Earlier, US President Donald Trump vowed to start building the … Read more
The expectations of foreign organisations operating in Ghana, ahead of the elections, continue to tilt towards a positive outlook. This also comes about a month to Ghana’s Presidential and Parliamentary elections on December 7, 2016. Some of the foreign businesses who have been speaking to Citi Business News say they are confident this year’s general … Read more
Ghana’s President John Dramani Mahama arrived in New York this morning (September 18, 2016) for the 71st United Nations General Assembly. Accompanied by the First Lady, Mrs Lordina Mahama, he was met on arrival at the JFK airport by Ghana’s Ambassador to United States, Lt. Gen. Joseph Henry Smith, Ghana’s Permanent Representative to the United … Read more
President John Dramani Mahama has left Accra for New York to attend the 71st General Assembly of the United Nations. This year’s General Debate will open on Tuesday, with President Mahama scheduled to address the world body on Wednesday, September 21. As Co-Chair of the UN Advocacy Group on the Sustainable Development Goals (SDGs), President … Read more
President John Dramani Mahama has left Accra for New York to attend the 71st General Assembly of the United Nations. This year’s General Debate will open on Tuesday, with President Mahama scheduled to address the world body on Wednesday, September 21. As Co-Chair of the UN Advocacy Group on the Sustainable Development Goals (SDGs), President … Read more