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Economy

The Latest: Dutch FM says US requests aid in Hormuz Straight

The Latest: The Netherlands is studying a US request to provide military backing in the Straight of Hormuz to protect commercial shipping

Jul 15, 2019

EU seeks to deescalate Persian Gulf tensions

EU looking to deescalate Persian Gulf tensions, call on Iran to stick to 2015 nuclear deal despite US pullout

Jul 15, 2019

OPEC extends oil production cuts amid weaker demand outlook

The oil producers' cartel, OPEC, is considering a six- to nine-month extension of its current deal to cut production amid weakening demand due to slowing global economic growth

Jul 1, 2019

EU asks Italy to better explain debt or face legal action

European Economy Commissioner Pierre Moscovici is urging Italy to quickly provide any new information it might have to explain its high debt levels and or face the prospect of imminent legal action

Jun 12, 2019

The Latest: European Central Bank ready to help economy more

European Central Bank President Mario Draghi said the bank is ready to "use all the instruments that are in the toolbox" to support the economy if needed

Jun 6, 2019

The Latest: Trump meets Macron in France

President Donald Trump and French President Emmanuel Macron are meeting in Caen on the northern coast of France not far from the Normandy American Cemetery where they marked the 75th anniversary of...

Jun 6, 2019