China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 steel products.
The ministry did not specify the reasons for the restrictions, but the move is widely seen as a response to criticism from Europe over cheap Chinese steel and the country’s persistent excess production capacity.
Under the new system, certain steel products will require export licences from January 1.
China’s steel exports rose 6.7% from January to November compared with the previous year, surpassing 107 million tonnes, despite high tariffs imposed by the United States.
European officials have long criticised Chinese steel for being priced well below that of competitors, partly due to government subsidies, arguing it undermines the EU’s steel industry.
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and st...
Qarabağ claimed a late 3–2 victory over Eintracht Frankfurt in the UEFA Champions League on Wednesday night, scoring deep into stoppage time to sec...
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion w...
Azerbaijan said on Wednesday that it had accepted an invitation from U.S. President Donald Trump to join his 'Board of Peace' for Gaza....
Armenia and Azerbaijan will interconnect their energy systems, enabling mutual electricity imports and exports as part of a wider regional transit ini...
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
Qarabağ claimed a late 3–2 victory over Eintracht Frankfurt in the UEFA Champions League on Wednesday night, scoring deep into stoppage time to secure a dramatic home win in Baku.
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion with Brookfield Asset Management on the sidelines of the World Economic Forum in Davos, officials said.
Armenia and Azerbaijan will interconnect their energy systems, enabling mutual electricity imports and exports as part of a wider regional transit initiative, Armenian Prime Minister Nikol Pashinyan said.
Several locally-developed instant messaging applications were reportedly restored in Iran on Tuesday (20 January), partially easing communications restrictions imposed after recent unrest.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
Dozens of beaches along Australia's east coast, including in Sydney, closed on Tuesday (20 January) after four shark attacks in two days, as heavy rains left waters murky and more likely to attract the animals.
U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion with Brookfield Asset Management on the sidelines of the World Economic Forum in Davos, officials said.
A senior official at the Transportation Security Administration (TSA) said on Wednesday that roughly 6% of U.S. air travellers are not presenting identification that meets stricter federal standards, as the agency prepares to start charging passengers without enhanced ID a $45 fee from 1 February.
The United States is placing renewed emphasis on regional partnerships that offer predictability, security cooperation and economic continuity as instability deepens across the Middle East and parts of Eurasia
A fire alarm prompted the partial evacuation of the Davos Congress Centre on Wednesday evening while Donald Trump was inside the building attending the World Economic Forum, Swiss authorities said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment