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The Chinese yuan fell to its lowest level on record against the dollar on Monday over concerns of a sharp escalation in the ongoing trade war between Beijing and Washington, Reuters reported. According to Reuters, the US-China trade dispute has…
PRAGUE (Sputnik) – Largest Czech dairy producer Madeta lost about $6.5 million due to food embargo imposed by Moscow in response to EU sanctions against Russia, according to the company’s chairman and CEO, Milan Teply. “The Russian market played a…
China devalued its national currency past the 7 yuan-per-dollar level for the first time in over a decade on Monday. The move comes as President Trump announced 10% tariffs on the remaining Chinese imports from September. President Trump has condemned…
In 1983, a team of Japanese scientists on a journey through Antarctica happened upon a pile of moss harboring a strange, strange creature. Living in the moss were tardigrades, millimeter-long animals that resembled teddy bears crossed with caterpillars. The tardigrades…
WASHINGTON, (Sputnik) – President Donald Trump on Tuesday dismissed fears about the possible economic fallout of an escalating tariff dispute with China, saying the United States is in a “very strong position” as investors pour money into the country. The…
India is set to hold trials of cutting-edge 5G network technology in the coming months, but has not yet confirmed whether Huawei would be allowed to participate. Beijing has warned India that its firms operating in China could face consequences…
