Solar-panel makers scorn `pittance’ of aid in Biden relief plan
Defense Production Act funding eyed for solar already used for military gear and baby formula.
Russians flock to EU court in long-shot bids to topple sanctions
Russian billionaires hit by European Union sanctions over Vladimir Putin’s invasion of Ukraine are flocking to the bloc’s courts in an attempt to extricate themselves…
Rich nations may fork out billions to wean Indonesia off coal
A flurry of climate diplomacy has begun to try to forge a deal before COP27 in November
Top economist urges China to seize TSMC if US ramps up sanctions
A senior Chinese economist at a government-run research group called on authorities to seize Taiwan Semiconductor Manufacturing Co. if the US hits China with sanctions…
US trade chief hopes for formal Indo-Pacific convening by summer
The US is working toward a formal gathering of members of the administration’s new economic initiative in Asia by the summer, President Joe Biden’s trade…
Biden’s trade plan to kickstart US solar fails to win over industry
Biden is imposing two-year freeze on new tariffs for solar imports and invoking Defense Production Act to support US-made panels.
US trade deficit narrows most on record on muted China imports
The US trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid Covid…
Canada’s trade surplus narrows on lower oil exports
Canada’s merchandise trade with the rest of the world slowed in April on planned maintenance shutdowns in the oil sands.
US moves to seize two Abramovich jets over Russia sanctions
The US obtained a warrant to seize two jets owned or controlled by Russian billionaire Roman Abramovich over alleged sanction violations, as tensions between Washington…
Biden tries to boost solar invoking same act Trump used for coal
President Joe Biden is trying to promote solar development in the US using the same Cold War-era law Donald Trump invoked to prop up money-losing…
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