Business

The company plans to open the tunnel on the 10th of December and charge one dollar for entry after the first day.

The southern Pacific tiny island nation of Tonga has become the newest member of the China-led investment initiative known as the “Belt and Road,” with China, in turn, deferring Tonga’s payments on its existing debt.

The US and its key Pacific allies signed a joint agreement to boost investment in the infrastructure of Papua New Guinea, suggesting the effort could counterbalance the onset of China’s “yuan diplomacy” in the southern Pacific.

In the aftermath of the deadly 9/11 terrorist attacks, the US has spent over $5.9 trillion on wars abroad that have resulted in the deaths of an estimated 500,000 people, according to Costs of War, research published by the Watson Institute for International and Public Affairs at Rhode Island’s Brown University.

On Friday, NASA officials confirmed that the Origins Spectral Interpretation Resource Identification Security - Regolith Explorer (OSIRIS-REx) spacecraft successfully tested a key component in its upcoming asteroid-sampling mission.

By not showing up, the US president - and thereby the nation he represents - loses ‘face’ in Asia, according to reports.

Global investors report that after all the data is sorted it is now cheaper to build a new solar or wind farm than to maintain an existing coal plant.

Amid growing disagreements between Washington and Berlin, ranging from the tariff dispute to the row over the NATO spending and US withdrawal from the Iran nuclear deal, Gerhard Schroeder has demanded convergence with China.

The developments come amid the US-Chinese trade row which broke out after President Donald Trump slapped tariffs on some Chinese imports in order to fix the $500 billion bilateral trade deficit. Since then, the two sides have exchanged few rounds of import duties on each other despite attempts to resolve the conflict via dialogue.

MOSCOW (Sputnik) - Iranian President Hassan Rouhani told reporters on Saturday that he and his Iraqi counterpart Barham Salih had agreed to create a free trade zone.

Federal Reserve officials say US economic growth remains solid amid low unemployment and stable inflation; however, they acknowledge that mounting risks overseas could eventually spill over to North America, potentially requiring pre-emptive action on the Fed’s part.

PORT MORESBY (Sputnik) – Chinese leader Xi Jinping on Saturday called for abandoning protectionism and the policy of unilateral actions and preserve multilateral trade system for global development.

PORT MORESBY (Sputnik) – Russian Prime Minister Dmitry Medvedev on Saturday noted the need to renovate the World Trade Organization (WTO), suggesting that this should not bring a fall in its influence or the collapse of the organization.

WASHINGTON (Sputnik) - The United States and Ukraine will cooperate on halting the construction of the Nord Stream 2 gas pipeline, Secretary of State Mike Pompeo said after a meeting with his Ukrainian counterpart Pavlo Klimkin in Washington, DC.

MOSCOW (Sputnik) - Western sanctions imposed four years ago have reduced Russia's gross domestic product (GDP) by 6 percent since 2014, a study by Bloomberg Economics revealed on Friday.

US President Donald Trump on Friday expressed hope that the United States and China would settle the trade dispute over import duties on steel and aluminium.

The statement came after Maja Kocijancic, the European Commission's Spokesperson for Foreign Affairs and Security Policy, said earlier in November that the European Union has stepped up work on the creation of a special mechanism that will facilitate trade with Tehran amid the latest round of unilateral US anti-Iranian sanctions.

BEIJING (Sputnik) - China is ready to further develop cooperation with Russia, increasing bilateral trade and facilitating mutual access to the markets of the two states, Premier of the Chinese State Council Li Keqiang said during his meeting with Russian President Vladimir Putin in Singapore.

MANAMA (Sputnik) – The Russian company Sukhoi Civil Aircraft will return back to the issue of supplies of Sukhoi Superjet 100 (SSJ100) jets to Iran after the share of US components in the plane sinks to less than 10 percent, the firm’s president, Alexander Rubtsov, said on Thursday.

US pop icon Beyoncé has severed ties with Topshop business mogul Sir Philip Green, who is under pressure over sexual harassment and bullying claims.