(MENAFN - AFP) The EU is expected to take the plunge Tuesday and impose tougher sanctions on Russia over Ukraine, but the measures could hit its own struggling economy - especially should Moscow reply in kind.
"It is clear that there is a risk of Russian reprisals," one EU diplomat said, noting that Moscow has repeatedly used trade embargoes to put pressure on former communist ...
(MENAFN - AFP) The leaders of China, Russia and Japan all descended on Latin America in recent weeks, jostling with the United States to increase their influence, invest and tap into resource-rich markets.
The latest arrival was Japanese Prime Minister Shinzo Abe, who on Monday was in Trinidad and Tobago, the second stop on a five-country tour that began on Friday in Mexico.
(MENAFN - AFP) South Africa will press the United States to extend a key trade pact for another 15 years at a meeting in Washington next week, the trade minister said Monday.
The African Growth and Opportunity Act (Agoa), due to expire next year, provides preferential market access for some products from African countries deemed to be democratic and following good economic ...
(MENAFN - AFP) Argentina admitted Monday it may default on some of its debts but downplayed the consequences, just two days before time expires in negotiations with hedge funds demanding full payment on their bonds.
Argentine officials traveled to New York to take a fresh stab at breaking the impasse with the so-called holdout hedge funds, who refused to join the restructuring ...
(MENAFN - AFP) Airbnb on Monday set out to woo business travelers to its service that lets people turn unused rooms in homes into de facto hotel space.
Airbnb announced new tools that include letting business travelers book lodging and have expense reports automatically generated using TripLink software from "spend management solutions" specialty firm Concur.