live Trump pauses attacks on energy infrastructure after 'in depth' conversations with Iran - Monday 23 March
Donald Trump's has announced a five day pause on attacking power plants and energy infrastructure after 'very good and productive conv...
China has strongly criticized U.S. President Donald Trump's recent executive order, which threatens to impose a 25% tariff on all goods imported to the U.S. from any country that imports oil from Venezuela.
Beijing labeled the sanctions "illegal" and accused the U.S. of grossly interfering in other nations' internal affairs.
Foreign Ministry spokesman Guo Jiakun condemned the U.S. move, emphasizing China’s opposition to the long-standing use of "illegal unilateral sanctions" and "long-arm jurisdiction." He called on the U.S. to end its interference in Venezuela's domestic affairs, urging Washington to revoke its sanctions and take actions that would foster peace, stability, and development in Venezuela and beyond.
The new tariffs, which are set to take effect on April 2, will apply to all goods imported into the U.S. from any country that buys oil or gas from Venezuela, whether directly or indirectly through third parties. Guo warned that such tariffs would harm U.S. businesses and consumers, saying, “There is no winner in a trade or tariff war, and additional tariffs will only inflict greater losses.”
This latest move by the Trump administration is part of a broader strategy to increase pressure on Venezuela, whose oil exports have been a focal point of U.S. sanctions. China, a significant importer of Venezuelan oil, has previously voiced opposition to U.S. sanctions on Venezuela, calling for dialogue and diplomacy to address the country's challenges.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
President Donald Trump said the U.S. was considering "winding down" its military operation against Iran, as Iran and Israel traded attacks on Saturday (21 March) and Iranian media said the nuclear enrichment facility in Natanz had been attacked.
U.S. President Donald Trump warned that American forces could target Iranian power plants if the strategic Strait of Hormuz remains closed, and Iran, in return, warned that any attack on its energy infrastructure would trigger strikes on regional facilities.
Iran has launched long-range and intermediate-range ballistic missiles towards the joint U.S.-UK military base on Diego Garcia in the Indian Ocean, in what Israeli officials said was a major escalation in the war.
A British nuclear-powered submarine armed with Tomahawk cruise missiles has reportedly taken up position in the Arabian Sea, the Daily Mail reported on Saturday (21 March). The deployment gives the UK the ability to carry out long-range strikes if tensions in the Gulf escalate.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
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