July 21, 2018
Latest News

Merkel says her policies are independent, dismisses Trump's criticisms

Brussels, Jul 11,(efe-epa).- The German chancellor on Wednesday reacted to a statement made hours earlier by the president of the United States in Brussels accusing Germany of becoming a captive to Russia.

Germany's chancellor Angela Merkel, on arrival to a NATO summit, dismissed an earlier statement by US president Donald Trump accusing Germany of being "totally controlled by Russia," in reference to Russian gas supplies to Germany.

Merkel's response stressed that Germany was an independent country and its foreign policy lacked any foreign interference and added: "I experienced the Soviet occupation of one part of Germany myself. It is good that we are independent today.”

The German chancellor added that Germany was the third biggest provider of NATO troops, NATO infrastructure and, for many years, one of the most actively engaged NATO countries in Afghanistan.

The German chancellor pointed out that Afghanistan was the first time in NATO's history the Atlantic Charter's Article 5 had been invoked.

Said article enshrines the Atlantic Alliance's principle of collective defense whereby each member state must consider an armed attack against one member state to be an armed attack against all.

News history
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German coal mine exhibit casts eye back at dying industry

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China, EU, Federal Reserve all in Trump's line of fire for economic policies

Washington, Jul 20 (efe-epa).- US President Donald Trump on Friday accused the European Union (EU) and China of manipulating their currencies and doubled...

Merkel says US tariffs on car imports could violate WTO rules

Berlin, Jul 20, (efe-epa).- German Chancellor Angela Merkel has warned the US against imposing punitive car tariffs, a move that she said would only create...

Bangladeshi textile workers demand minimum wage hike in Dhaka protest

Dhaka, Jul 20 (efe-epa).- Hundreds of textile workers and trade union activists protested in the Bangladeshi capital Dhaka on Friday to reject a new minimum...

Japanese shares fall amid concerns over devaluation of Chinese yuan

Tokyo, Jul 20 (efe-epa).- The Tokyo Stock Exchange closed lower on Friday owing to concern among investors about the devaluation of the Chinese yuan against...

South Korean stocks gain 0.3 percent

Seoul, Jul 20 (efe-epa).- The Seoul Stock Exchange closed higher on Friday due to bargain hunting ahead of the second-quarter results, local analysts said...

OPEC crude basket rises to $70.91

Vienna, Jul 20 (efe-epa).- The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries increased to $70.91,...

North Korean economy shrank 3.5 percent in 2017 due to sanctions, Seoul says

Seoul, Jul 20 (efe-epa).- Hit by international sanctions and a drought, the North Korean economy shrank 3.5 percent in 2017 to record its worst...

Trump signs job training pledge for 3.8 million American workers

Washington DC, Jul 19 (efe-epa).- The president of the United States along with 23 companies and professional associations on Thursday signed a commitment...

Japan's Consumer Price Index rose 0.8 percent in June

Tokyo, July 20 (efe-epa).- Japan's Consumer Price Index increased 0.8 percent year-on-year in June but is still far off the 2 percent target, the government...

Spanish firm to build $100 mn hospital in Bolivia

La Paz, Jul 19 (efe-epa).- Bolivia's Ministry of Health and the Spanish firm Makiber signed a contract here Thursday to build the Andean nation's first...

IMF says Brexit won't hit European economy hard

Washington DC (USA), Jul19 (efe-epa).- The United Kingdom's planned exit from the European Union will have a small negative impact on the bloc's economy,...

Boeing wins $98.4 billion in plane deals at Farnborough

Farnborough, UK, Jul 19 (efe-epa).- Boeing on Thursday said it won $98.4 billion in plane deals from 21 customers at the Farnborough International Air Show,...

Technical issue forces Belgium to shut down airspace

Brussels, Jul 19 (efe-epa).- Belgium's aviation authority was forced on Thursday to shut down the country's airspace due to a malfunction in its flight data...

European Commission urges EU states to speed up Brexit preparations

Brussels, Jul 19 (efe-epa).- The European Commission urged member states of the European Union on Thursday to speed up preparations for all possible...

EU employment ministers gather for informal meeting on new forms of work

Vienna, Jul 19 (efe-epa).- Employment and social policy ministers from across the European Union gathered Thursday in Vienna for the first day of an...

OPEC crude basket drops to $69.98

Vienna, Jul 19 (efe-epa).- The basket of crude oil used as a benchmark indicator by the Organization of Petroleum Exporting Countries fell to $69.98, the...

Japan welcomes UK's interest in joining TPP11

Tokyo, Jul 19 (efe-epa).- The Japanese government Thursday welcomed the interest shown by the United Kingdom in joining the Comprehensive and Progressive...

Asia-Pacific to sustain growth despite trade tensions, ADB says

Manila, Jul 19 (efe-epa).- Developing economies in the Asia-Pacific region are set to maintain stable growth in 2018 and 2019 despite increasing...

Japan records $6.4 billion trade surplus in June

Tokyo, Jul 19 (efe-epa).- Japan achieved a trade surplus of 721.408 billion yen ($6.4 billion) in June, the Japanese government said Thursday.

Trump: EU must make trade concessions or face retribution

Washington, Jul 18 (efe-epa).- The president of the United States on Wednesday warned the European Union that it will face retribution if it does not make...

Film exhibit opens in Paraguay showing antique celluloid reels

Asuncion, Jul 18 (efe-epa).- Paraguay's Film Showcase opened Wednesday with a celluloid reel exhibition that shines a light on life in the South American...

Blaze in central Mexico blamed on fuel theft from pipeline

Mexico City, Jul 18 (efe-epa).- A fire broke out early Wednesday after fuel thieves tapped into a pipeline in the central state of Puebla, state oil company...

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